Clip Money Inc.
Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in North America. It offers ClipDrop Platform, an end-to-end system that includes user registration, location services, compliance and know your business (KYB), bar code and RFID tracking of deposit bags, and secure processing of deposits through ACH payment processing; Clip… Read more
Clip Money Inc. (CLPMF) - Total Assets
Latest total assets as of September 2025: $9.78 Million USD
Based on the latest financial reports, Clip Money Inc. (CLPMF) holds total assets worth $9.78 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.
Clip Money Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Clip Money Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Clip Money Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Clip Money Inc.'s total assets of $9.78 Million consist of 28.2% current assets and 71.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.8% |
| Accounts Receivable | $639.86K | 6.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.81 Million | 18.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Clip Money 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: Clip Money Inc.'s current assets represent 28.2% of total assets in 2024, a decrease from 66.0% in 2020.
- Cash Position: Cash and equivalents constituted 20.8% of total assets in 2024, up from 13.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, a decrease from 31.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 18.9% of total assets.
Clip Money Inc. Competitors by Total Assets
Key competitors of Clip Money Inc. 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 |
Clip Money 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 - Clip Money Inc. generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Clip Money Inc. is currently not profitable relative to its asset base.
Clip Money 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 | 0.63 | 1.43 | 43.52 |
| Quick Ratio | 0.63 | 1.43 | 43.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.00 Million | $ 1.12 Million | $ 87.46K |
Clip Money Inc. - Advanced Valuation Insights
This section examines the relationship between Clip Money 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 | 6.77 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | -30.8% |
| Total Assets | $9.59 Million |
| Market Capitalization | $6.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Clip Money Inc.'s assets below their book value (0.70 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Clip Money Inc.'s assets decreased by 30.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Clip Money Inc. (2020–2024)
The table below shows the annual total assets of Clip Money Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.59 Million | -30.83% |
| 2023-12-31 | $13.86 Million | +3.85% |
| 2022-12-31 | $13.35 Million | +18867.69% |
| 2021-12-31 | $70.37K | -98.68% |
| 2020-12-31 | $5.34 Million | -- |