Mcig Inc
BOTS, Inc. focuses on developing and servicing blockchain and robotics solutions. The company offers decentralized finance applications, cybersecurity, crypto generation, mining, equipment repair, and backup on Bitcoin mining equipment. The company also offers a Bitcoin ATM kiosk; Bidgood is a cloud-based, high-speed algorithmic Binance futures trading platform; GhostDrive is a digital vault that… Read more
Mcig Inc (BTZI) - Total Assets
Latest total assets as of January 2022: $7.52 Million USD
Based on the latest financial reports, Mcig Inc (BTZI) holds total assets worth $7.52 Million USD as of January 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.
Mcig Inc - Total Assets Trend (2012–2022)
This chart illustrates how Mcig Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mcig Inc - Asset Composition Analysis
Current Asset Composition (April 2022)
Mcig Inc's total assets of $7.52 Million consist of 18.4% current assets and 81.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $1.25 Million | 18.4% |
| Inventory | $-1.25 Million | -18.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.57 Million | 67.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2022)
This chart illustrates how Mcig 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: Mcig Inc's current assets represent 18.4% of total assets in 2022, a decrease from 76.9% in 2012.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2022, down from 76.9% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 67.0% of total assets, an increase from 23.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 67.3% of total assets.
Mcig Inc Competitors by Total Assets
Key competitors of Mcig 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 |
Mcig 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 - Mcig 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 - Mcig Inc is currently not profitable relative to its asset base.
Mcig 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 | 2.14 | 2.36 | 4.38 |
| Quick Ratio | 4.26 | 2.36 | 4.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $691.40K | $ 710.78K | $ 971.98K |
Mcig Inc - Advanced Valuation Insights
This section examines the relationship between Mcig 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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 641.0% |
| Total Assets | $6.79 Million |
| Market Capitalization | $1.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mcig Inc's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mcig Inc's assets grew by 641.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mcig Inc (2012–2022)
The table below shows the annual total assets of Mcig Inc from 2012 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-04-30 | $6.79 Million | +641.00% |
| 2021-04-30 | $915.93K | -83.66% |
| 2020-04-30 | $5.61 Million | 0.00% |
| 2019-04-30 | $5.61 Million | -28.41% |
| 2018-04-30 | $7.83 Million | +12.23% |
| 2017-04-30 | $6.98 Million | +1896.48% |
| 2016-04-30 | $349.53K | -50.22% |
| 2015-04-30 | $702.08K | -40.59% |
| 2014-04-30 | $1.18 Million | +6865.08% |
| 2013-04-30 | $16.97K | +34.02% |
| 2012-04-30 | $12.66K | -- |