COVER Corporation
COVER Corporation distribute videos and music through VTubers distribution platform in Japan. It also develops characters and anime-look avatars; plans and produces events; and offers video content, such as live streams, music videos, and animations through video distribution, as well as membership subscriptions, advertising, and promotions services. In addition, the company is involved in the el… Read more
COVER Corporation (COVCF) - Total Assets
Latest total assets as of September 2025: $33.08 Billion USD
Based on the latest financial reports, COVER Corporation (COVCF) holds total assets worth $33.08 Billion 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.
COVER Corporation - Total Assets Trend (2021–2025)
This chart illustrates how COVER Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
COVER Corporation - Asset Composition Analysis
Current Asset Composition (March 2025)
COVER Corporation's total assets of $33.08 Billion consist of 69.2% current assets and 30.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 34.8% |
| Accounts Receivable | $5.42 Billion | 16.4% |
| Inventory | $3.13 Billion | 9.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.08 Billion | 12.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how COVER Corporation'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: COVER Corporation's current assets represent 69.2% of total assets in 2025, a decrease from 86.7% in 2021.
- Cash Position: Cash and equivalents constituted 34.8% of total assets in 2025, down from 54.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 16.4% of total assets.
COVER Corporation Competitors by Total Assets
Key competitors of COVER Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
COVER Corporation - 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
Strong asset utilization - COVER Corporation generates 1.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, COVER Corporation generates $ 16.81 in net profit.
COVER Corporation - 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 | 1.70 | 1.38 | 1.32 |
| Quick Ratio | 1.50 | 1.17 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.17 Billion | $ 5.03 Billion | $ 2.24 Billion |
COVER Corporation - Advanced Valuation Insights
This section examines the relationship between COVER Corporation'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 | 4.93 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 45.6% |
| Total Assets | $33.06 Billion |
| Market Capitalization | $558.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values COVER Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: COVER Corporation's assets grew by 45.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for COVER Corporation (2021–2025)
The table below shows the annual total assets of COVER Corporation from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $33.06 Billion | +45.56% |
| 2024-03-31 | $22.71 Billion | +42.97% |
| 2023-03-31 | $15.89 Billion | +92.85% |
| 2022-03-31 | $8.24 Billion | +134.29% |
| 2021-03-31 | $3.52 Billion | -- |