Abaxx Technologies Inc
Abaxx Technologies Inc., engages in developing software tools which enable commodity traders and finance professionals to communicate, trade, and transact in Canada. The company offers Abaxx Verifier, a secure password, identity, verification app that allows to store and use identity to log into applications and portals; ID++, an open protocol that allows developers to establish digital identity … Read more
Abaxx Technologies Inc (ABXXF) - Total Assets
Latest total assets as of September 2025: $62.61 Million USD
Based on the latest financial reports, Abaxx Technologies Inc (ABXXF) holds total assets worth $62.61 Million 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.
Abaxx Technologies Inc - Total Assets Trend (2019–2024)
This chart illustrates how Abaxx Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Abaxx Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Abaxx Technologies Inc's total assets of $62.61 Million consist of 59.2% current assets and 40.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 49.3% |
| 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 | $378.55K | 0.7% |
Asset Composition Trend (2019–2024)
This chart illustrates how Abaxx Technologies 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: Abaxx Technologies Inc's current assets represent 59.2% of total assets in 2024, an increase from 34.4% in 2019.
- Cash Position: Cash and equivalents constituted 49.3% of total assets in 2024, up from 30.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.7% of total assets.
Abaxx Technologies Inc Competitors by Total Assets
Key competitors of Abaxx Technologies 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 |
Abaxx Technologies 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 - Abaxx Technologies Inc generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Abaxx Technologies Inc is currently not profitable relative to its asset base.
Abaxx Technologies 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 | 3.51 | 4.34 | 0.43 |
| Quick Ratio | 3.51 | 4.34 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $25.38 Million | $ 25.30 Million | $ -5.08 Million |
Abaxx Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Abaxx Technologies 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 | 52.17 |
| Latest Market Cap to Assets Ratio | 3.90 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $51.55 Million |
| Market Capitalization | $201.28 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Abaxx Technologies Inc's assets at a significant premium ( 3.90x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Abaxx Technologies Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Abaxx Technologies Inc (2019–2024)
The table below shows the annual total assets of Abaxx Technologies Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $51.55 Million | +5.85% |
| 2023-12-31 | $48.70 Million | +247.80% |
| 2022-12-31 | $14.00 Million | -52.20% |
| 2021-12-31 | $29.29 Million | +72.23% |
| 2020-12-31 | $17.01 Million | +207.31% |
| 2019-12-31 | $5.53 Million | -- |