BorrowMoney.com Inc
BorrowMoney.com, Inc. operates an online loan marketplace for consumers seeking loans and other credit-based offerings. The company provides consumers with access to product offerings from lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, deposit accounts, personal loans, student loans, and small business loans and other re… Read more
BorrowMoney.com Inc (BWMY) - Total Assets
Latest total assets as of February 2024: $6.70K USD
Based on the latest financial reports, BorrowMoney.com Inc (BWMY) holds total assets worth $6.70K USD as of February 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.
BorrowMoney.com Inc - Total Assets Trend (2014–2023)
This chart illustrates how BorrowMoney.com Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BorrowMoney.com Inc - Asset Composition Analysis
Current Asset Composition (August 2023)
BorrowMoney.com Inc's total assets of $6.70K consist of 87.5% current assets and 12.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 87.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.98K | 12.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how BorrowMoney.com 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: BorrowMoney.com Inc's current assets represent 87.5% of total assets in 2023, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 87.5% of total assets in 2023, down from 100.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 12.5% of total assets.
BorrowMoney.com Inc Competitors by Total Assets
Key competitors of BorrowMoney.com Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
BorrowMoney.com 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 - BorrowMoney.com 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 - BorrowMoney.com Inc is currently not profitable relative to its asset base.
BorrowMoney.com 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 | 0.21 | 0.01 | 0.04 |
| Quick Ratio | 0.21 | 0.01 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.10K | $ -740.95K | $ -389.66K |
BorrowMoney.com Inc - Advanced Valuation Insights
This section examines the relationship between BorrowMoney.com 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 | - |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 1286.3% |
| Total Assets | $55.80K |
| Market Capitalization | $4.65K USD |
Valuation Analysis
Below Book Valuation: The market values BorrowMoney.com Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: BorrowMoney.com Inc's assets grew by 1286.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for BorrowMoney.com Inc (2014–2023)
The table below shows the annual total assets of BorrowMoney.com Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-08-31 | $55.80K | +1286.29% |
| 2022-08-31 | $4.03K | -56.79% |
| 2021-08-31 | $9.32K | +19.56% |
| 2020-08-31 | $7.79K | +1.90% |
| 2019-08-31 | $7.65K | -16.26% |
| 2018-08-31 | $9.13K | -8.92% |
| 2017-08-31 | $10.03K | +8.41% |
| 2016-08-31 | $9.25K | -57.38% |
| 2015-08-31 | $21.70K | +319.73% |
| 2014-08-31 | $5.17K | -- |