Cloud DX Inc
Cloud DX Inc. operates as a remote patient monitoring company in Canada and the United States. It offers Cloud DX Connected Health, an end-to-end virtual healthcare platform for monitoring patients with chronic illness, such as chronic obstructive pulmonary disease and congestive heart failure, as well as patients recovering from surgery. The company's Cloud DX Connected Health Kits includes its … Read more
Cloud DX Inc (CDXFF) - Total Assets
Latest total assets as of September 2024: $1.94 Million USD
Based on the latest financial reports, Cloud DX Inc (CDXFF) holds total assets worth $1.94 Million 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.
Cloud DX Inc - Total Assets Trend (2019–2023)
This chart illustrates how Cloud DX Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cloud DX Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Cloud DX Inc's total assets of $1.94 Million consist of 40.9% current assets and 59.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.7% |
| Accounts Receivable | $260.88K | 12.8% |
| Inventory | $110.47K | 5.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $334.38K | 16.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Cloud DX 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: Cloud DX Inc's current assets represent 40.9% of total assets in 2023, a decrease from 44.1% in 2019.
- Cash Position: Cash and equivalents constituted 12.7% of total assets in 2023, up from 1.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 16.4% of total assets.
Cloud DX Inc Competitors by Total Assets
Key competitors of Cloud DX Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Cloud DX 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 - Cloud DX Inc generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cloud DX Inc is currently not profitable relative to its asset base.
Cloud DX 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 | 0.05 | 0.15 | 0.91 |
| Quick Ratio | 0.05 | 0.12 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-18.23 Million | $ -4.49 Million | $ -126.77K |
Cloud DX Inc - Advanced Valuation Insights
This section examines the relationship between Cloud DX 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 | - |
| Latest Market Cap to Assets Ratio | 2.47 |
| Asset Growth Rate (YoY) | -11.5% |
| Total Assets | $2.04 Million |
| Market Capitalization | $5.03 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Cloud DX Inc's assets at a significant premium ( 2.47x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Cloud DX Inc's assets decreased by 11.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cloud DX Inc (2019–2023)
The table below shows the annual total assets of Cloud DX Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.04 Million | -11.49% |
| 2022-12-31 | $2.31 Million | -28.42% |
| 2021-12-31 | $3.22 Million | -15.70% |
| 2020-12-31 | $3.82 Million | +98.09% |
| 2019-12-31 | $1.93 Million | -- |