Frmo Corp
FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States. The company offers in-depth analysis of information-poor, and under-researched companies and strategies to identify complex or overlooked situations. It serves institutional investors. The company was formerly known as FRM Nexus, Inc. and changed its name to F… Read more
Frmo Corp (FRMO) - Total Assets
Latest total assets as of November 2025: $611.74 Million USD
Based on the latest financial reports, Frmo Corp (FRMO) holds total assets worth $611.74 Million USD as of November 2025.
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.
Frmo Corp - Total Assets Trend (2000–2025)
This chart illustrates how Frmo Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Frmo Corp - Asset Composition Analysis
Current Asset Composition (May 2025)
Frmo Corp's total assets of $611.74 Million consist of 66.1% current assets and 33.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.2% |
| Accounts Receivable | $1.04 Million | 0.2% |
| 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 (2000–2025)
This chart illustrates how Frmo Corp'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: Frmo Corp's current assets represent 66.1% of total assets in 2025, a decrease from 90.6% in 2000.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2025, down from 85.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Frmo Corp Competitors by Total Assets
Key competitors of Frmo Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
India | ₹16.78 Billion |
|
Gibui Holdings Ltd
TA:GIBUI
|
Israel | ILA445.00 Million |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS
|
USA | $486.05 Million |
|
Global Data Centre Group
AU:GDC
|
Australia | AU$151.04 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
Australia | AU$857.95 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
USA | $1.07 Billion |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
UK | GBX390.96 Million |
Frmo Corp - 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 - Frmo Corp generates 0.37x 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, Frmo Corp generates $ 15.08 in net profit.
Frmo Corp - 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 | 1735.21 | 362.45 | 17.11 |
| Quick Ratio | 1735.21 | 362.45 | 17.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $46.19 Million | $ 624.40 Million | $ 162.98 Million |
Frmo Corp - Advanced Valuation Insights
This section examines the relationship between Frmo Corp'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 | 145.94 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 62.4% |
| Total Assets | $713.40 Million |
| Market Capitalization | $80.23K USD |
Valuation Analysis
Below Book Valuation: The market values Frmo Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Frmo Corp's assets grew by 62.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Frmo Corp (2000–2025)
The table below shows the annual total assets of Frmo Corp from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $713.40 Million | +62.45% |
| 2024-05-31 | $439.16 Million | +44.70% |
| 2023-05-31 | $303.49 Million | -10.28% |
| 2022-05-31 | $338.28 Million | +2.89% |
| 2021-05-31 | $328.79 Million | +89.33% |
| 2020-05-31 | $173.66 Million | -9.40% |
| 2019-05-31 | $191.67 Million | +19.47% |
| 2018-05-31 | $160.44 Million | +26.00% |
| 2017-05-31 | $127.33 Million | +10.76% |
| 2016-05-31 | $114.96 Million | -3.13% |
| 2015-05-31 | $118.67 Million | +7.45% |
| 2014-05-31 | $110.44 Million | 0.00% |
| 2013-05-31 | $110.44 Million | +15.03% |
| 2012-05-31 | $96.02 Million | +17644.60% |
| 2004-05-31 | $541.11K | -53.15% |
| 2003-05-31 | $1.16 Million | +414.06% |
| 2002-05-31 | $224.69K | +39.50% |
| 2001-05-31 | $161.07K | +204.51% |
| 2000-05-31 | $52.89K | -- |