Friendable Inc
Friendable, Inc., a mobile-focused technology and marketing company, connects and engages users through applications. The company offers the Friendable, a social application where users can create one-on-one or group-style meetups. It also provides Fan Pass, a mobile application that connects fans to their favorite celebrity or artist. The company was formerly known as iHookup Social, Inc. and ch… Read more
Friendable Inc (FDBL) - Total Assets
Latest total assets as of December 2022: $214.26K USD
Based on the latest financial reports, Friendable Inc (FDBL) holds total assets worth $214.26K USD as of December 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.
Friendable Inc - Total Assets Trend (2007–2022)
This chart illustrates how Friendable Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Friendable Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Friendable Inc's total assets of $214.26K consist of 30.5% current assets and 69.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| Accounts Receivable | $61.38K | 28.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $149.00K | 69.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2022)
This chart illustrates how Friendable 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: Friendable Inc's current assets represent 30.5% of total assets in 2022, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2022, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is intangible assets at 69.5% of total assets.
Friendable Inc Competitors by Total Assets
Key competitors of Friendable Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 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 |
Friendable 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 - Friendable Inc generates 0.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Friendable Inc is currently not profitable relative to its asset base.
Friendable 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 | 0.05 | 0.01 |
| Quick Ratio | 0.01 | 0.05 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.90 Million | $ -4.75 Million | $ -8.48 Million |
Friendable Inc - Advanced Valuation Insights
This section examines the relationship between Friendable 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 | 0.00 |
| Asset Growth Rate (YoY) | -15.5% |
| Total Assets | $214.26K |
| Market Capitalization | $822.66 USD |
Valuation Analysis
Below Book Valuation: The market values Friendable Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Friendable Inc's assets decreased by 15.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Friendable Inc (2007–2022)
The table below shows the annual total assets of Friendable Inc from 2007 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $214.26K | -15.49% |
| 2021-12-31 | $253.52K | +70.61% |
| 2020-12-31 | $148.60K | +107.83% |
| 2019-12-31 | $71.50K | +178.80% |
| 2018-12-31 | $25.65K | -38.74% |
| 2017-12-31 | $41.86K | -74.28% |
| 2016-12-31 | $162.78K | -36.78% |
| 2015-12-31 | $257.48K | +131.96% |
| 2014-12-31 | $111.00K | -91.03% |
| 2013-12-31 | $1.24 Million | -29.35% |
| 2012-12-31 | $1.75 Million | +762.34% |
| 2011-12-31 | $203.07K | +5701.89% |
| 2009-12-31 | $3.50K | -40.00% |
| 2008-12-31 | $5.83K | -63.67% |
| 2007-12-31 | $16.05K | -- |