Clubhouse Media Group Inc
Clubhouse Media Group, Inc. owns and creates a monetization platform worldwide. The company owns and operates HoneyDrip.com, a digital platform that allows creators to connect with fans and sell exclusive photo and video content. It also provides managed services, including custom content, influencer marketing, amplification, and other campaign management services. Clubhouse Media Group, Inc. is … Read more
Clubhouse Media Group Inc (CMGR) - Total Assets
Latest total assets as of June 2024: $590.31K USD
Based on the latest financial reports, Clubhouse Media Group Inc (CMGR) holds total assets worth $590.31K USD as of June 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.
Clubhouse Media Group Inc - Total Assets Trend (2005–2023)
This chart illustrates how Clubhouse Media Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Clubhouse Media Group Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Clubhouse Media Group Inc's total assets of $590.31K consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.6% |
| Accounts Receivable | $14.85K | 1.9% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $445.58K | 55.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2023)
This chart illustrates how Clubhouse Media 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: Clubhouse Media Group Inc's current assets represent 42.4% of total assets in 2023, an increase from 32.5% in 2005.
- Cash Position: Cash and equivalents constituted 15.6% of total assets in 2023, up from 2.1% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 55.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is intangible assets at 55.6% of total assets.
Clubhouse Media Group Inc Competitors by Total Assets
Key competitors of Clubhouse Media 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 |
Clubhouse Media 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 - Clubhouse Media Group Inc generates 1.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Clubhouse Media Group Inc is currently not profitable relative to its asset base.
Clubhouse Media 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 | 0.02 | 0.03 | 9479.31 |
| Quick Ratio | 0.02 | 0.39 | 9479.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.83 Million | $ -10.67 Million | $ 6.79 Million |
Clubhouse Media Group Inc - Advanced Valuation Insights
This section examines the relationship between Clubhouse Media 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 | - |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | -35.5% |
| Total Assets | $801.96K |
| Market Capitalization | $549.68K USD |
Valuation Analysis
Below Book Valuation: The market values Clubhouse Media Group Inc's assets below their book value (0.69 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Clubhouse Media Group Inc's assets decreased by 35.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Clubhouse Media Group Inc (2005–2023)
The table below shows the annual total assets of Clubhouse Media Group Inc from 2005 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $801.96K | -35.52% |
| 2022-12-31 | $1.24 Million | -18.10% |
| 2021-12-31 | $1.52 Million | +183.85% |
| 2020-12-31 | $534.99K | -- |
| 2019-12-31 | $0.00 | -- |
| 2018-12-31 | $0.00 | -- |
| 2017-12-31 | $0.00 | -- |
| 2016-12-31 | $8.36 Million | -50.50% |
| 2015-12-31 | $16.90 Million | -1.29% |
| 2014-12-31 | $17.12 Million | +8.00% |
| 2013-12-31 | $15.85 Million | +11.93% |
| 2012-12-31 | $14.16 Million | +15.97% |
| 2011-12-31 | $12.21 Million | +78.44% |
| 2010-12-31 | $6.84 Million | +16.25% |
| 2009-12-31 | $5.89 Million | +10.05% |
| 2008-12-31 | $5.35 Million | +24.25% |
| 2007-12-31 | $4.30 Million | +211.94% |
| 2006-12-31 | $1.38 Million | +3.02% |
| 2005-12-31 | $1.34 Million | -- |