Glassbridge Enterprises Inc
GlassBridge Enterprises, Inc., through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc. in February 2017. GlassBridge Enterprises, Inc. was incorp… Read more
Glassbridge Enterprises Inc (GLAE) - Total Assets
Latest total assets as of September 2023: $23.30 Million USD
Based on the latest financial reports, Glassbridge Enterprises Inc (GLAE) holds total assets worth $23.30 Million USD as of September 2023.
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.
Glassbridge Enterprises Inc - Total Assets Trend (1994–2022)
This chart illustrates how Glassbridge Enterprises Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glassbridge Enterprises Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Glassbridge Enterprises Inc's total assets of $23.30 Million consist of 8.9% current assets and 91.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.2% |
| Accounts Receivable | $100.00K | 0.7% |
| Inventory | $-100.00K | -0.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2022)
This chart illustrates how Glassbridge Enterprises 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: Glassbridge Enterprises Inc's current assets represent 8.9% of total assets in 2022, a decrease from 59.7% in 1994.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2022, up from 0.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Glassbridge Enterprises Inc Competitors by Total Assets
Key competitors of Glassbridge Enterprises Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Glassbridge Enterprises 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 - Glassbridge Enterprises Inc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Glassbridge Enterprises Inc is currently not profitable relative to its asset base.
Glassbridge Enterprises 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 | 1.86 | 1.18 | 1.02 |
| Quick Ratio | 1.86 | 1.24 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.90 Million | $ 300.00K | $ 200.00K |
Glassbridge Enterprises Inc - Advanced Valuation Insights
This section examines the relationship between Glassbridge Enterprises 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 | 0.13 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -15.1% |
| Total Assets | $14.60 Million |
| Market Capitalization | $439.77K USD |
Valuation Analysis
Below Book Valuation: The market values Glassbridge Enterprises Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Glassbridge Enterprises Inc's assets decreased by 15.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Glassbridge Enterprises Inc (1994–2022)
The table below shows the annual total assets of Glassbridge Enterprises Inc from 1994 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $14.60 Million | -15.12% |
| 2021-12-31 | $17.20 Million | -32.28% |
| 2020-12-31 | $25.40 Million | -66.75% |
| 2019-12-31 | $76.40 Million | +409.33% |
| 2018-12-31 | $15.00 Million | -62.69% |
| 2017-12-31 | $40.20 Million | -43.62% |
| 2016-12-31 | $71.30 Million | -57.66% |
| 2015-12-31 | $168.40 Million | -66.27% |
| 2014-12-31 | $499.20 Million | -22.22% |
| 2013-12-31 | $641.80 Million | -19.12% |
| 2012-12-31 | $793.50 Million | -30.96% |
| 2011-12-31 | $1.15 Billion | -8.13% |
| 2010-12-31 | $1.25 Billion | -10.25% |
| 2009-12-31 | $1.39 Billion | -9.49% |
| 2008-12-31 | $1.54 Billion | -12.05% |
| 2007-12-31 | $1.75 Billion | +26.62% |
| 2006-12-31 | $1.38 Billion | +20.65% |
| 2005-12-31 | $1.15 Billion | +3.21% |
| 2004-12-31 | $1.11 Billion | -5.30% |
| 2003-12-31 | $1.17 Billion | +4.72% |
| 2002-12-31 | $1.12 Billion | +6.28% |
| 2001-12-31 | $1.05 Billion | +6.66% |
| 2000-12-31 | $987.90 Million | -12.39% |
| 1999-12-31 | $1.13 Billion | -14.14% |
| 1998-12-31 | $1.31 Billion | -21.15% |
| 1997-12-31 | $1.67 Billion | +6.67% |
| 1996-12-31 | $1.56 Billion | +1.28% |
| 1995-12-31 | $1.54 Billion | -7.79% |
| 1994-12-31 | $1.67 Billion | -- |