SmartRent Inc (SMRT) - Total Assets
Based on the latest financial reports, SmartRent Inc (SMRT) holds total assets worth $335.80 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check total reinvestment intensity of SmartRent Inc to assess the company's total reinvestment commitment from operating cash flow.
SmartRent Inc - Total Assets Trend (2017–2024)
This chart illustrates how SmartRent Inc's total assets have evolved over time, based on quarterly financial data. Explore how much of SmartRent Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
SmartRent Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
SmartRent Inc's total assets of $335.80 Million consist of 61.3% current assets and 38.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 33.9% |
| Accounts Receivable | $59.30 Million | 14.1% |
| Inventory | $35.26 Million | 8.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $23.38 Million | 5.6% |
| Goodwill | $117.27 Million | 27.9% |
Asset Composition Trend (2017–2024)
This chart illustrates how SmartRent Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see SMRT market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SmartRent Inc's current assets represent 61.3% of total assets in 2024, a decrease from 63.6% in 2017.
- Cash Position: Cash and equivalents constituted 33.9% of total assets in 2024, up from 2.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 27.9% of total assets.
SmartRent Inc Competitors by Total Assets
Key competitors of SmartRent Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
India | Rs17.36 Billion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Fujian Apex Software Co Ltd
SHG:603383
|
China | CN¥1.84 Billion |
|
Beijing Dataway Horizon Co. Ltd
SHE:301169
|
China | CN¥647.55 Million |
|
Linewell Software Co Ltd
SHG:603636
|
China | CN¥5.51 Billion |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 Billion |
SmartRent Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.71 | 3.31 | 2.67 |
| Quick Ratio | 2.33 | 2.90 | 2.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $124.49 Million | $199.02 Million | $54.83 Million |
SmartRent Inc - Advanced Valuation Insights
This section examines the relationship between SmartRent Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.31 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | -17.6% |
| Total Assets | $420.18 Million |
| Market Capitalization | $213.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values SmartRent Inc's assets below their book value (0.51x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SmartRent Inc's assets decreased by 17.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SmartRent Inc (2017–2024)
The table below shows the annual total assets of SmartRent Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $420.18 Million | -17.57% |
| 2023-12-31 | $509.76 Million | -9.11% |
| 2022-12-31 | $560.85 Million | -3.25% |
| 2021-12-31 | $579.68 Million | +458.20% |
| 2020-12-31 | $103.85 Million | +118.84% |
| 2019-12-31 | $47.45 Million | -89.14% |
| 2018-12-31 | $437.11 Million | -9.57% |
| 2017-12-31 | $483.36 Million | -- |
About SmartRent Inc
SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets … Read more