DigitalX Limited
DigitalX Limited provides blockchain product development in Australia. The company operates through Product Development and Asset Management segments. The Product Development segment provides consulting, technical due diligence, and design and development solutions to businesses. This segment also develops blockchain, RegTech, and FinTech products. The Asset Management segment operates digital as… Read more
DigitalX Limited (DGGXF) - Total Assets
Latest total assets as of June 2024: $58.61 Million USD
Based on the latest financial reports, DigitalX Limited (DGGXF) holds total assets worth $58.61 Million USD as of June 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.
DigitalX Limited - Total Assets Trend (2014–2024)
This chart illustrates how DigitalX Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
DigitalX Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
DigitalX Limited's total assets of $58.61 Million consist of 95.9% current assets and 4.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.3% |
| Accounts Receivable | $300.01K | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $210.37K | 0.4% |
| Goodwill | $1.89 Million | 3.2% |
Asset Composition Trend (2014–2024)
This chart illustrates how DigitalX Limited'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: DigitalX Limited's current assets represent 95.9% of total assets in 2024, a decrease from 99.7% in 2014.
- Cash Position: Cash and equivalents constituted 10.3% of total assets in 2024, down from 39.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 3.2% of total assets.
DigitalX Limited Competitors by Total Assets
Key competitors of DigitalX Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
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 |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
DigitalX Limited - 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
Lower asset utilization - DigitalX Limited generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - DigitalX Limited is currently not profitable relative to its asset base.
DigitalX Limited - 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 | 3.60 | 27.13 | 10.30 |
| Quick Ratio | 3.60 | 27.13 | 10.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $40.59 Million | $ 30.51 Million | $ 16.15 Million |
DigitalX Limited - Advanced Valuation Insights
This section examines the relationship between DigitalX Limited'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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | 69.8% |
| Total Assets | $58.61 Million |
| Market Capitalization | $34.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values DigitalX Limited's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: DigitalX Limited's assets grew by 69.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for DigitalX Limited (2014–2024)
The table below shows the annual total assets of DigitalX Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $58.61 Million | +69.78% |
| 2023-06-30 | $34.52 Million | -1.57% |
| 2022-06-30 | $35.07 Million | -35.52% |
| 2021-06-30 | $54.40 Million | +304.96% |
| 2020-06-30 | $13.43 Million | -29.57% |
| 2019-06-30 | $19.07 Million | +20.73% |
| 2018-06-30 | $15.80 Million | +3000.17% |
| 2017-06-30 | $509.53K | -85.16% |
| 2016-06-30 | $3.43 Million | -44.85% |
| 2015-06-30 | $6.23 Million | +5333.48% |
| 2014-06-30 | $114.61K | -- |