Idle Media Inc
Idle Media Inc. operates as an online media and entertainment company. It primarily owns and operates DatPiff, the source for new music and the collection of mixtapes on the Web. The company was founded in 2008 and is based in Leesport, Pennsylvania. Idle Media, Inc. operates as a subsidiary of Zoeter, LLC.
Idle Media Inc (IDLM) - Total Assets
Latest total assets as of June 2013: $881.65K USD
Based on the latest financial reports, Idle Media Inc (IDLM) holds total assets worth $881.65K USD as of June 2013.
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.
Idle Media Inc - Total Assets Trend (2009–2012)
This chart illustrates how Idle Media Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Idle Media Inc - Asset Composition Analysis
Current Asset Composition (September 2012)
Idle Media Inc's total assets of $881.65K consist of 80.3% current assets and 19.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.1% |
| Accounts Receivable | $399.22K | 37.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $188.95K | 17.8% |
| Intangible Assets | $20.46K | 1.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2012)
This chart illustrates how Idle Media 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: Idle Media Inc's current assets represent 80.3% of total assets in 2012, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 36.1% of total assets in 2012, down from 37.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 37.5% of total assets.
Idle Media Inc Competitors by Total Assets
Key competitors of Idle Media Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Idle Media 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
Strong asset utilization - Idle Media Inc generates 3.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Idle Media Inc is currently not profitable relative to its asset base.
Idle Media 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 | 1.49 | 1.46 | 1.46 |
| Quick Ratio | 1.49 | 1.46 | 1.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $228.13K | $ 267.25K | $ 267.25K |
Idle Media Inc - Advanced Valuation Insights
This section examines the relationship between Idle Media 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 | 7.28 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -26.7% |
| Total Assets | $1.06 Million |
| Market Capitalization | $1.97 USD |
Valuation Analysis
Below Book Valuation: The market values Idle Media Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Idle Media Inc's assets decreased by 26.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Idle Media Inc (2009–2012)
The table below shows the annual total assets of Idle Media Inc from 2009 to 2012.
| Year | Total Assets | Change |
|---|---|---|
| 2012-09-30 | $1.06 Million | -26.75% |
| 2011-09-30 | $1.45 Million | +114.93% |
| 2010-09-30 | $675.76K | +253.59% |
| 2009-09-30 | $191.12K | -- |