Innovative Payment Solutions Inc
Innovative Payment Solutions, Inc., together with its subsidiaries, provides digital payment solutions and services to businesses and consumers in the United States. It is involved in developing a new account-to-account payment application under the Instant Settlement in RealTime name, as well as traditional credit card processing services. The company was formerly known as QPAGOS and changed its… Read more
Innovative Payment Solutions Inc (IPSI) - Total Assets
Latest total assets as of September 2025: $478.49K USD
Based on the latest financial reports, Innovative Payment Solutions Inc (IPSI) holds total assets worth $478.49K USD as of September 2025.
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.
Innovative Payment Solutions Inc - Total Assets Trend (2015–2024)
This chart illustrates how Innovative Payment Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Innovative Payment Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Innovative Payment Solutions Inc's total assets of $478.49K consist of 98.7% current assets and 1.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Innovative Payment Solutions 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: Innovative Payment Solutions Inc's current assets represent 98.7% of total assets in 2024, an increase from 78.7% in 2015.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 33.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 8.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Innovative Payment Solutions Inc Competitors by Total Assets
Key competitors of Innovative Payment Solutions 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 |
Innovative Payment Solutions 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
Lower asset utilization - Innovative Payment Solutions Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Innovative Payment Solutions Inc is currently not profitable relative to its asset base.
Innovative Payment Solutions 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 | 0.01 | 0.01 | 0.02 |
| Quick Ratio | 0.01 | 0.01 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-54.83 Million | $ -10.33 Million | $ -4.36 Million |
Innovative Payment Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Innovative Payment Solutions 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 | 8.77 |
| Latest Market Cap to Assets Ratio | 3.31 |
| Asset Growth Rate (YoY) | -52.3% |
| Total Assets | $384.45K |
| Market Capitalization | $1.27 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Innovative Payment Solutions Inc's assets at a significant premium ( 3.31x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Innovative Payment Solutions Inc's assets decreased by 52.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Innovative Payment Solutions Inc (2015–2024)
The table below shows the annual total assets of Innovative Payment Solutions Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $384.45K | -52.26% |
| 2023-12-31 | $805.22K | -70.75% |
| 2022-12-31 | $2.75 Million | -59.06% |
| 2021-12-31 | $6.72 Million | +3376.41% |
| 2020-12-31 | $193.40K | -82.06% |
| 2019-12-31 | $1.08 Million | +1.32% |
| 2018-12-31 | $1.06 Million | -23.11% |
| 2017-12-31 | $1.38 Million | -9.13% |
| 2016-12-31 | $1.52 Million | -38.01% |
| 2015-12-31 | $2.46 Million | -- |