Fobi AI Inc
Fobi AI Inc., together with its subsidiaries, operates as a technology and data intelligence company in North America and Europe. It provides software as a service; consulting and development services; and resells, refers, and licenses its products. The company also offers mobile wallet solutions, digital coupons, and customer insights solutions. It serves various industries, including the hospit… Read more
Fobi AI Inc (FOBIF) - Total Assets
Latest total assets as of March 2024: $5.23 Million USD
Based on the latest financial reports, Fobi AI Inc (FOBIF) holds total assets worth $5.23 Million USD as of March 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.
Fobi AI Inc - Total Assets Trend (2018–2023)
This chart illustrates how Fobi AI Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fobi AI Inc - Asset Composition Analysis
Current Asset Composition (June 2023)
Fobi AI Inc's total assets of $5.23 Million consist of 10.5% current assets and 89.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $203.53K | 4.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.87 Million | 57.5% |
| Goodwill | $1.50 Million | 30.1% |
Asset Composition Trend (2018–2023)
This chart illustrates how Fobi AI 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: Fobi AI Inc's current assets represent 10.5% of total assets in 2023, a decrease from 39661.4% in 2018.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2023, down from 11.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 87.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 57.5% of total assets.
Fobi AI Inc Competitors by Total Assets
Key competitors of Fobi AI Inc 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 |
Fobi AI 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
Moderate asset utilization - Fobi AI Inc generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fobi AI Inc is currently not profitable relative to its asset base.
Fobi AI 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 | 1.00 | 1.02 | 0.44 |
| Quick Ratio | 1.00 | 0.97 | 0.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.15K | $ 54.35K | $ -1.33 Million |
Fobi AI Inc - Advanced Valuation Insights
This section examines the relationship between Fobi AI 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 | 2.36 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -41.7% |
| Total Assets | $4.98 Million |
| Market Capitalization | $2.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fobi AI Inc's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Fobi AI Inc's assets decreased by 41.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fobi AI Inc (2018–2023)
The table below shows the annual total assets of Fobi AI Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $4.98 Million | -41.67% |
| 2022-06-30 | $8.54 Million | -26.89% |
| 2021-06-30 | $11.68 Million | +602.37% |
| 2020-06-30 | $1.66 Million | +4614.36% |
| 2019-06-30 | $35.28K | +417.92% |
| 2018-06-30 | $6.81K | -- |