Nowigence Inc.
Nowigence, Inc. develops and markets an artificial intelligence (AI) augmented software-as-a-service (SaaS) platform focusing on data detection, presentation, and prediction for decision making. The company's platform, Pluaris, collects, organizes, connects, trends, and presents external marketplace information in real-time. It caters to manufacturing, services, banking, life sciences, sports and… Read more
Nowigence Inc. (NOWG) - Total Assets
Latest total assets as of December 2022: $283.84K USD
Based on the latest financial reports, Nowigence Inc. (NOWG) holds total assets worth $283.84K USD as of December 2022.
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.
Nowigence Inc. - Total Assets Trend (2020–2022)
This chart illustrates how Nowigence Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nowigence Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
Nowigence Inc.'s total assets of $283.84K consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $6.14K | 2.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.15K | 0.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Nowigence 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: Nowigence Inc.'s current assets represent 11.0% of total assets in 2022, an increase from 2.6% in 2020.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2022, up from 1.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 97.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
Nowigence Inc. Competitors by Total Assets
Key competitors of Nowigence 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 |
Nowigence 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 - Nowigence Inc. generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nowigence Inc. is currently not profitable relative to its asset base.
Nowigence 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 | 0.07 | 0.03 | - |
| Quick Ratio | 0.07 | 0.03 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $-445.46K | $ -355.54K | - |
Nowigence Inc. - Advanced Valuation Insights
This section examines the relationship between Nowigence 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 | 57.92 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -65.1% |
| Total Assets | $283.84K |
| Market Capitalization | $4.71K USD |
Valuation Analysis
Below Book Valuation: The market values Nowigence Inc.'s assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nowigence Inc.'s assets decreased by 65.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nowigence Inc. (2020–2022)
The table below shows the annual total assets of Nowigence Inc. from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $283.84K | -65.10% |
| 2021-12-31 | $813.18K | +14.26% |
| 2020-12-31 | $711.71K | -- |