Glidelogic Corp.

PINK:GDLG USA Software - Application
Market Cap
$70.76 Million
Market Cap Rank
#26047 Global
#8847 in USA
Share Price
$1.06
Change (1 day)
+6.25%
52-Week Range
$0.81 - $1.06
All Time High
$1.06
About

Glidelogic Corp., operates as a software development and consulting firm. It offers consulting services for artificial intelligence based software, financial technologies, and blockchain technologies. The company was incorporated in 2020 and is headquartered in Culver City, California. Glidelogic Corp. is a subsidiary of Star Success Business, LLC.

Glidelogic Corp. (GDLG) - Total Assets

Latest total assets as of October 2024: $4.87K USD

Based on the latest financial reports, Glidelogic Corp. (GDLG) holds total assets worth $4.87K USD as of October 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.

Glidelogic Corp. - Total Assets Trend (2021–2024)

This chart illustrates how Glidelogic Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Glidelogic Corp. - Asset Composition Analysis

Current Asset Composition (January 2024)

Glidelogic Corp.'s total assets of $4.87K consist of 32.6% current assets and 67.4% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 4.0%
Accounts Receivable $1.42K 28.6%
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 (2021–2024)

This chart illustrates how Glidelogic 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: Glidelogic Corp.'s current assets represent 32.6% of total assets in 2024, a decrease from 100.0% in 2021.
  • Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, down from 9.2% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 28.6% of total assets.

Glidelogic Corp. Competitors by Total Assets

Key competitors of Glidelogic Corp. based on total assets are shown below.

Glidelogic 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

Historical Range: 0.64 - 13.28

Strong asset utilization - Glidelogic Corp. generates 6.06x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -447.13% - -1.93%

Negative ROA - Glidelogic Corp. is currently not profitable relative to its asset base.

Glidelogic 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 0.08 0.55 3.02
Quick Ratio 0.08 0.55 3.02
Cash Ratio 0.00 0.00 0.00
Working Capital $-20.28K $ -2.23K $ 23.20K

Glidelogic Corp. - Advanced Valuation Insights

This section examines the relationship between Glidelogic 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 1504.94
Latest Market Cap to Assets Ratio 3564.40
Asset Growth Rate (YoY) -73.0%
Total Assets $4.95K
Market Capitalization $17.64 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Glidelogic Corp.'s assets at a significant premium ( 3564.40x), suggesting investors see substantial growth potential or unique competitive advantages.

Significant Asset Reduction: Glidelogic Corp.'s assets decreased by 73.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Glidelogic Corp. (2021–2024)

The table below shows the annual total assets of Glidelogic Corp. from 2021 to 2024.

Year Total Assets Change
2024-01-31 $4.95K -72.96%
2023-01-31 $18.30K -52.35%
2022-01-31 $38.41K +3423.67%
2021-01-31 $1.09K --