Givex Information Technology Group Limited
Givex Corp. provides omnichannel gift cards, loyalty programs, data analytics, stored value tickets, payment processing, and cloud-based point of sale (POS) solutions in Canada, the United States, Australia, the United Kingdom, and internationally. It offers gift card transaction processing, and card production and fulfillment management; points-based or customized loyalty programs; self-service … Read more
Givex Information Technology Group Limited (GIVXF) - Total Assets
Latest total assets as of June 2024: $71.90 Million USD
Based on the latest financial reports, Givex Information Technology Group Limited (GIVXF) holds total assets worth $71.90 Million USD as of June 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.
Givex Information Technology Group Limited - Total Assets Trend (2020–2023)
This chart illustrates how Givex Information Technology Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Givex Information Technology Group Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Givex Information Technology Group Limited's total assets of $71.90 Million consist of 64.5% current assets and 35.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.2% |
| Accounts Receivable | $11.90 Million | 15.6% |
| Inventory | $3.46 Million | 4.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.97 Million | 7.8% |
| Goodwill | $11.59 Million | 15.2% |
Asset Composition Trend (2020–2023)
This chart illustrates how Givex Information Technology Group Limited'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: Givex Information Technology Group Limited's current assets represent 64.5% of total assets in 2023, an increase from 60.0% in 2020.
- Cash Position: Cash and equivalents constituted 29.2% of total assets in 2023, down from 32.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 10.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 15.6% of total assets.
Givex Information Technology Group Limited Competitors by Total Assets
Key competitors of Givex Information Technology Group Limited 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 |
Givex Information Technology Group Limited - 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 - Givex Information Technology Group Limited generates 1.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Givex Information Technology Group Limited is currently not profitable relative to its asset base.
Givex Information Technology Group Limited - 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 | 2.20 | 2.12 | 1.82 |
| Quick Ratio | 2.06 | 1.93 | 1.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $24.77 Million | $ 24.20 Million | $ 12.14 Million |
Givex Information Technology Group Limited - Advanced Valuation Insights
This section examines the relationship between Givex Information Technology Group Limited'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 | 4.20 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | -7.2% |
| Total Assets | $76.11 Million |
| Market Capitalization | $74.50 Million USD |
Valuation Analysis
Near Book Valuation: The market values Givex Information Technology Group Limited's assets close to their book value ( 0.98x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Givex Information Technology Group Limited's assets decreased by 7.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Givex Information Technology Group Limited (2020–2023)
The table below shows the annual total assets of Givex Information Technology Group Limited from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $76.11 Million | -7.25% |
| 2022-12-31 | $82.05 Million | +16.40% |
| 2021-12-31 | $70.49 Million | +49.73% |
| 2020-12-31 | $47.08 Million | -- |