Block Inc
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order m… Read more
Block Inc (BSQKZ) - Total Assets
Latest total assets as of September 2024: $36.36 Billion USD
Based on the latest financial reports, Block Inc (BSQKZ) holds total assets worth $36.36 Billion USD as of September 2024.
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.
Block Inc - Total Assets Trend (2019–2023)
This chart illustrates how Block Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Block Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Block Inc's total assets of $36.36 Billion consist of 55.4% current assets and 44.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.0% |
| Accounts Receivable | $5.81 Billion | 17.0% |
| Inventory | $110.10 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.76 Billion | 5.2% |
| Goodwill | $11.92 Billion | 35.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Block 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Block Inc's current assets represent 55.4% of total assets in 2023, a decrease from 70.8% in 2019.
- Cash Position: Cash and equivalents constituted 24.0% of total assets in 2023, up from 23.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 6.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 35.0% of total assets.
Block Inc Competitors by Total Assets
Key competitors of Block Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Spirent Communications plc
PINK:SPNUF
|
USA | $596.50 Million |
|
Danal Co. Ltd
KQ:064260
|
Korea | ₩770.29 Billion |
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
Block Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Block Inc generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Block Inc generates $ 0.03 in net profit.
Block 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 | 2.07 | 1.91 | 1.68 |
| Quick Ratio | 2.06 | 1.90 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.73 Billion | $ 8.35 Billion | $ 3.76 Billion |
Block Inc - Advanced Valuation Insights
This section examines the relationship between Block 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 | 3.01 |
| Latest Market Cap to Assets Ratio | 0.90 |
| Asset Growth Rate (YoY) | 8.6% |
| Total Assets | $34.07 Billion |
| Market Capitalization | $30.59 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Block Inc's assets close to their book value ( 0.90x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Block Inc's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Block Inc (2019–2023)
The table below shows the annual total assets of Block Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $34.07 Billion | +8.63% |
| 2022-12-31 | $31.36 Billion | +125.23% |
| 2021-12-31 | $13.93 Billion | +41.10% |
| 2020-12-31 | $9.87 Billion | +116.85% |
| 2019-12-31 | $4.55 Billion | -- |