Argo Blockchain PLC
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining activities. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.
Argo Blockchain PLC (ARBKF) - Total Assets
Latest total assets as of June 2025: $6.66 Million USD
Based on the latest financial reports, Argo Blockchain PLC (ARBKF) holds total assets worth $6.66 Million USD as of June 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.
Argo Blockchain PLC - Total Assets Trend (2018–2024)
This chart illustrates how Argo Blockchain PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Argo Blockchain PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
Argo Blockchain PLC's total assets of $6.66 Million consist of 60.8% current assets and 39.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.8% |
| Accounts Receivable | $140.00K | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $141.00K | 0.7% |
| Goodwill | $35.00K | 0.2% |
Asset Composition Trend (2018–2024)
This chart illustrates how Argo Blockchain PLC'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: Argo Blockchain PLC's current assets represent 60.8% of total assets in 2024, a decrease from 85.8% in 2018.
- Cash Position: Cash and equivalents constituted 44.8% of total assets in 2024, down from 75.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 0.7% of total assets.
Argo Blockchain PLC Competitors by Total Assets
Key competitors of Argo Blockchain PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Value Capital One Ltd
TA:PLTF
|
Israel | ILA42.86 Million |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
|
Eugene Inv&Sec
KO:001200
|
Korea | ₩10.26 Trillion |
Argo Blockchain PLC - 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 - Argo Blockchain PLC generates 2.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Argo Blockchain PLC is currently not profitable relative to its asset base.
Argo Blockchain PLC - 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 | 0.74 | 0.43 | 2.01 |
| Quick Ratio | 0.74 | 0.43 | 2.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.26 Million | $ -8.19 Million | $ 4.46 Million |
Argo Blockchain PLC - Advanced Valuation Insights
This section examines the relationship between Argo Blockchain PLC'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 | 7.84 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -74.6% |
| Total Assets | $19.26 Million |
| Market Capitalization | $2.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Argo Blockchain PLC's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Argo Blockchain PLC's assets decreased by 74.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Argo Blockchain PLC (2018–2024)
The table below shows the annual total assets of Argo Blockchain PLC from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $19.26 Million | -74.64% |
| 2023-12-31 | $75.94 Million | -31.11% |
| 2022-12-31 | $110.23 Million | -71.60% |
| 2021-12-31 | $388.15 Million | +772.50% |
| 2020-12-31 | $44.49 Million | +37.23% |
| 2019-12-31 | $32.42 Million | +18.02% |
| 2018-12-31 | $27.47 Million | -- |