Ecrid Inc
Ecrid, Inc. operates a credit evaluation platform in the United States. The company offers home, auto, and personal loans; guaranteed approval secured credit; and credit cards, watches, key chains, and bracelets. It also provides online bill payment services to its customers to secure and protect their financial data, eliminating any credit bureau from having access to its members' credit payment… Read more
Ecrid Inc (ECDD) - Total Assets
Latest total assets as of September 2022: $26.65K USD
Based on the latest financial reports, Ecrid Inc (ECDD) holds total assets worth $26.65K USD as of September 2022.
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.
Ecrid Inc - Total Assets Trend (2018–2022)
This chart illustrates how Ecrid Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ecrid Inc - Asset Composition Analysis
Current Asset Composition (March 2022)
Ecrid Inc's total assets of $26.65K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2022)
This chart illustrates how Ecrid 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: Ecrid Inc's current assets represent 100.0% of total assets in 2022, unchanged from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2022, up from 10.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Ecrid Inc Competitors by Total Assets
Key competitors of Ecrid 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 |
Ecrid 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 - Ecrid 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 - Ecrid Inc is currently not profitable relative to its asset base.
Ecrid 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 | 0.45 | 0.79 | 0.01 |
| Quick Ratio | 0.45 | 0.79 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-32.14K | $ -51.53K | $ -237.34K |
Ecrid Inc - Advanced Valuation Insights
This section examines the relationship between Ecrid 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 | 0.62 |
| Asset Growth Rate (YoY) | -71.9% |
| Total Assets | $10.02K |
| Market Capitalization | $6.25K USD |
Valuation Analysis
Below Book Valuation: The market values Ecrid Inc's assets below their book value (0.62 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ecrid Inc's assets decreased by 71.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ecrid Inc (2018–2022)
The table below shows the annual total assets of Ecrid Inc from 2018 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-03-31 | $10.02K | -71.88% |
| 2021-03-31 | $35.63K | +52516.66% |
| 2020-03-31 | $67.72 | -8.56% |
| 2019-03-31 | $74.06 | +55.46% |
| 2018-03-31 | $47.64 | -- |