Lmp Automotive Holdings Inc
LMP Automotive Holdings, Inc., through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and distributors at fleet rates. The company was incorporated in 2… Read more
Lmp Automotive Holdings Inc (LMPX) - Total Assets
Latest total assets as of September 2021: $214.24 Million USD
Based on the latest financial reports, Lmp Automotive Holdings Inc (LMPX) holds total assets worth $214.24 Million USD as of September 2021.
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.
Lmp Automotive Holdings Inc - Total Assets Trend (2016–2020)
This chart illustrates how Lmp Automotive Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lmp Automotive Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Lmp Automotive Holdings Inc's total assets of $214.24 Million consist of 73.9% current assets and 26.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.4% |
| Accounts Receivable | $515.76K | 1.5% |
| Inventory | $8.50 Million | 24.7% |
| Property, Plant & Equipment | $4.64 Million | 13.5% |
| Intangible Assets | $1.11 Million | 3.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2020)
This chart illustrates how Lmp Automotive Holdings 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: Lmp Automotive Holdings Inc's current assets represent 73.9% of total assets in 2020, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2020, down from 95.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 24.7% of total assets.
Lmp Automotive Holdings Inc Competitors by Total Assets
Key competitors of Lmp Automotive Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prestige Cars International Inc
PINK:PREC
|
USA | $788.54K |
|
Fujian Zhangzhou Development Co Ltd
SHE:000753
|
China | CN¥12.42 Billion |
|
Deutsch Motors Inc
KQ:067990
|
Korea | ₩1.68 Trillion |
|
CarGurus Inc
F:0C6
|
Germany | €660.47 Million |
|
China Yongda Automobiles Services Holdings Ltd
F:1CY
|
Germany | €25.97 Billion |
|
Hotai Motor Co Ltd
TW:2207
|
Taiwan | NT$512.01 Billion |
|
Pan German Universal Motors Ltd.
TW:2247
|
Taiwan | NT$21.81 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
China | CN¥3.44 Billion |
Lmp Automotive Holdings 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 - Lmp Automotive Holdings Inc generates 0.88x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Lmp Automotive Holdings Inc is currently not profitable relative to its asset base.
Lmp Automotive Holdings 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 | 13.25 | 2.83 |
| Quick Ratio | 0.80 | 8.67 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $32.18 Million | $ 24.51 Million | $ 8.19 Million |
Lmp Automotive Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Lmp Automotive Holdings 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 | 0.07 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 72.9% |
| Total Assets | $34.41 Million |
| Market Capitalization | $435.89K USD |
Valuation Analysis
Below Book Valuation: The market values Lmp Automotive Holdings Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Lmp Automotive Holdings Inc's assets grew by 72.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Lmp Automotive Holdings Inc (2016–2020)
The table below shows the annual total assets of Lmp Automotive Holdings Inc from 2016 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $34.41 Million | +72.86% |
| 2019-12-31 | $19.91 Million | +40.04% |
| 2018-12-31 | $14.22 Million | +233.98% |
| 2017-12-31 | $4.26 Million | +1162.54% |
| 2016-12-31 | $337.15K | -- |