Digital Locations Inc
Digital Locations, Inc. develops Satenna technology that enables to deliver high-speed internet services from satellites directly to smartphones worldwide. The company was formerly known as Carbon Sciences, Inc. and changed its name to Digital Locations, Inc. in September 2017. Digital Locations, Inc. was incorporated in 2006 and is based in Santa Barbara, California.
Digital Locations Inc (DLOC) - Total Assets
Latest total assets as of June 2024: $41.19K USD
Based on the latest financial reports, Digital Locations Inc (DLOC) holds total assets worth $41.19K 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.
Digital Locations Inc - Total Assets Trend (2006–2023)
This chart illustrates how Digital Locations Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Digital Locations Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Digital Locations Inc's total assets of $41.19K consist of 90.7% current assets and 9.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 90.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.00K | 8.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2023)
This chart illustrates how Digital Locations 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: Digital Locations Inc's current assets represent 90.7% of total assets in 2023, an increase from 88.6% in 2006.
- Cash Position: Cash and equivalents constituted 90.7% of total assets in 2023, up from 53.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 8.2% of total assets.
Digital Locations Inc Competitors by Total Assets
Key competitors of Digital Locations Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
Digital Locations 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
Moderate asset utilization - Digital Locations Inc generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Digital Locations Inc is currently not profitable relative to its asset base.
Digital Locations 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 | 0.01 | 0.02 | 0.00 |
| Quick Ratio | 0.01 | 0.02 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.09 Million | $ -540.59K | $ -9.83 Million |
Digital Locations Inc - Advanced Valuation Insights
This section examines the relationship between Digital Locations 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 | 1.46 |
| Asset Growth Rate (YoY) | 29.2% |
| Total Assets | $48.60K |
| Market Capitalization | $71.10K USD |
Valuation Analysis
Above Book Valuation: The market values Digital Locations Inc's assets above their book value (1.46 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Digital Locations Inc's assets grew by 29.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Digital Locations Inc (2006–2023)
The table below shows the annual total assets of Digital Locations Inc from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $48.60K | +29.22% |
| 2022-12-31 | $37.61K | -50.75% |
| 2021-12-31 | $76.37K | +310.46% |
| 2020-12-31 | $18.61K | -4.03% |
| 2019-12-31 | $19.39K | -89.99% |
| 2018-12-31 | $193.59K | +593.31% |
| 2017-12-31 | $27.92K | -35.11% |
| 2016-12-31 | $43.03K | +7.47% |
| 2015-12-31 | $40.04K | -53.76% |
| 2014-12-31 | $86.59K | +378.22% |
| 2013-12-31 | $18.11K | -43.88% |
| 2012-12-31 | $32.27K | -83.59% |
| 2011-12-31 | $196.58K | +23.78% |
| 2010-12-31 | $158.82K | -58.99% |
| 2009-12-31 | $387.29K | +141.77% |
| 2008-12-31 | $160.19K | -84.33% |
| 2007-12-31 | $1.02 Million | +623.51% |
| 2006-12-31 | $141.30K | -- |