Humbl Inc
HUMBL, Inc., a digital commerce company, operates a platform connects consumers, business, and governments in the digital economy in North America. It operates in two segments, Consumer and Commercial. The company offers HUMBL Wallet, that enables users to have full control of their online identity, digital assets, and digital keys; HUMBL Search Engine that allows customers to search for articles… Read more
Humbl Inc (HMBL) - Total Assets
Latest total assets as of September 2024: $3.53 Million USD
Based on the latest financial reports, Humbl Inc (HMBL) holds total assets worth $3.53 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.
Humbl Inc - Total Assets Trend (2020–2022)
This chart illustrates how Humbl Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Humbl Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Humbl Inc's total assets of $3.53 Million consist of 74.5% current assets and 25.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.1% |
| Accounts Receivable | $73.97K | 1.9% |
| Inventory | $1.04 Million | 27.2% |
| Property, Plant & Equipment | $24.48K | 0.6% |
| Intangible Assets | $951.20K | 24.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Humbl 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: Humbl Inc's current assets represent 74.5% of total assets in 2022, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2022, down from 95.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 27.2% of total assets.
Humbl Inc Competitors by Total Assets
Key competitors of Humbl Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Humbl 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 - Humbl Inc generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Humbl Inc is currently not profitable relative to its asset base.
Humbl 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 | 0.63 | 0.07 | 0.48 |
| Quick Ratio | 0.59 | 0.04 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.93 Million | $ -7.19 Million | $ -124.42K |
Humbl Inc - Advanced Valuation Insights
This section examines the relationship between Humbl 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 | 1.74 |
| Asset Growth Rate (YoY) | -64.5% |
| Total Assets | $3.83 Million |
| Market Capitalization | $6.64 Million USD |
Valuation Analysis
Above Book Valuation: The market values Humbl Inc's assets above their book value (1.74 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Humbl Inc's assets decreased by 64.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Humbl Inc (2020–2022)
The table below shows the annual total assets of Humbl Inc from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $3.83 Million | -64.46% |
| 2021-12-31 | $10.77 Million | +496.30% |
| 2020-12-31 | $1.81 Million | -- |