Evolving Systems Inc
Symbolic Logic, Inc. provides direct lending services to private and publicly traded companies in various industries. The company was formerly known as Evolving Systems, Inc. and changed its name to Symbolic Logic, Inc. in April 2022. The company was founded in 1985 and is based in Austin, Texas. Symbolic Logic, Inc. is a subsidiary of CCUR Holdings, Inc.
Evolving Systems Inc (EVOL) - Total Assets
Latest total assets as of September 2022: $30.20 Million USD
Based on the latest financial reports, Evolving Systems Inc (EVOL) holds total assets worth $30.20 Million 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.
Evolving Systems Inc - Total Assets Trend (1998–2021)
This chart illustrates how Evolving Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Evolving Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Evolving Systems Inc's total assets of $30.20 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 99.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $4.00K | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2021)
This chart illustrates how Evolving Systems 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: Evolving Systems Inc's current assets represent 100.0% of total assets in 2021, an increase from 80.6% in 1998.
- Cash Position: Cash and equivalents constituted 99.7% of total assets in 2021, up from 24.6% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 0.0% of total assets.
Evolving Systems Inc Competitors by Total Assets
Key competitors of Evolving Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Evolving Systems 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 - Evolving Systems 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
Excellent ROA - For every $100 in assets, Evolving Systems Inc generates $ 44.10 in net profit.
Evolving Systems 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 | 21.64 | 1.65 | 1.54 |
| Quick Ratio | 21.64 | 1.65 | 1.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $27.84 Million | $ 5.92 Million | $ 8.99 Million |
Evolving Systems Inc - Advanced Valuation Insights
This section examines the relationship between Evolving Systems 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 | 0.34 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 107.4% |
| Total Assets | $39.55 Million |
| Market Capitalization | $2.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Evolving Systems Inc's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Evolving Systems Inc's assets grew by 107.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Evolving Systems Inc (1998–2021)
The table below shows the annual total assets of Evolving Systems Inc from 1998 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $39.55 Million | +107.35% |
| 2020-12-31 | $19.08 Million | -3.71% |
| 2019-12-31 | $19.81 Million | -39.51% |
| 2018-12-31 | $32.75 Million | -42.49% |
| 2017-12-31 | $56.95 Million | +30.16% |
| 2016-12-31 | $43.76 Million | -13.23% |
| 2015-12-31 | $50.43 Million | +14.01% |
| 2014-12-31 | $44.23 Million | +2.43% |
| 2013-12-31 | $43.18 Million | +18.01% |
| 2012-12-31 | $36.59 Million | -51.24% |
| 2011-12-31 | $75.04 Million | +48.74% |
| 2010-12-31 | $50.45 Million | +10.07% |
| 2009-12-31 | $45.84 Million | +0.94% |
| 2008-12-31 | $45.41 Million | -15.48% |
| 2007-12-31 | $53.73 Million | +4.65% |
| 2006-12-31 | $51.34 Million | -23.83% |
| 2005-12-31 | $67.40 Million | -22.08% |
| 2004-12-31 | $86.49 Million | +107.41% |
| 2003-12-31 | $41.70 Million | +68.39% |
| 2002-12-31 | $24.77 Million | -23.31% |
| 2001-12-31 | $32.29 Million | -32.63% |
| 2000-12-31 | $47.93 Million | -3.36% |
| 1999-12-31 | $49.60 Million | +4.42% |
| 1998-12-31 | $47.50 Million | -- |