CMG Holdings Group Inc
CMG Holdings Group, Inc., a marketing communications company, operates organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries in the United States. The company operates through XA The Experiential Agency, Inc.; and CMG Holding Group segments. The company is involved in the production and promotion, event design, sponsorshi… Read more
CMG Holdings Group Inc (CMGO) - Total Assets
Latest total assets as of September 2024: $1.89 Million USD
Based on the latest financial reports, CMG Holdings Group Inc (CMGO) holds total assets worth $1.89 Million USD as of September 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.
CMG Holdings Group Inc - Total Assets Trend (2004–2023)
This chart illustrates how CMG Holdings Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CMG Holdings Group Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
CMG Holdings Group Inc's total assets of $1.89 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.1% |
| Accounts Receivable | $1.75 Million | 87.9% |
| Inventory | $-1.75 Million | -87.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2023)
This chart illustrates how CMG Holdings Group 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: CMG Holdings Group Inc's current assets represent 100.0% of total assets in 2023, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2023, up from 0.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 87.9% of total assets.
CMG Holdings Group Inc Competitors by Total Assets
Key competitors of CMG Holdings Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
China | CN¥4.97 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
China | CN¥11.09 Billion |
CMG Holdings Group 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
Strong asset utilization - CMG Holdings Group Inc generates 1.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - CMG Holdings Group Inc is currently not profitable relative to its asset base.
CMG Holdings Group 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 | 1.31 | 1.37 | 0.90 |
| Quick Ratio | 1.31 | 2.66 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $447.99K | $ 489.93K | $ -100.70K |
CMG Holdings Group Inc - Advanced Valuation Insights
This section examines the relationship between CMG Holdings Group 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 | 1.27 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | $1.99 Million |
| Market Capitalization | $465.71K USD |
Valuation Analysis
Below Book Valuation: The market values CMG Holdings Group Inc's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: CMG Holdings Group Inc's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CMG Holdings Group Inc (2004–2023)
The table below shows the annual total assets of CMG Holdings Group Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.99 Million | +1.76% |
| 2022-12-31 | $1.96 Million | +9.10% |
| 2021-12-31 | $1.79 Million | +193.67% |
| 2020-12-31 | $610.31K | -32.44% |
| 2019-12-31 | $903.39K | +393.92% |
| 2018-12-31 | $182.90K | +48.08% |
| 2017-12-31 | $123.52K | -61.58% |
| 2016-12-31 | $321.52K | 0.00% |
| 2015-12-31 | $321.52K | +161.44% |
| 2014-12-31 | $122.98K | -92.30% |
| 2013-12-31 | $1.60 Million | +90.44% |
| 2012-12-31 | $838.17K | +35.31% |
| 2011-12-31 | $619.44K | -29.98% |
| 2010-12-31 | $884.62K | -4.90% |
| 2009-12-31 | $930.19K | +195.31% |
| 2008-12-31 | $314.98K | +2073.35% |
| 2007-12-31 | $14.49K | 0.00% |
| 2006-12-31 | $14.49K | -25.70% |
| 2005-12-31 | $19.51K | -93.71% |
| 2004-12-31 | $309.99K | -- |