iMining Blockchain and Cryptocurrency Inc
iMining Technologies Inc., an Web3.0 technology company, develops energy and technologies solutions in Canada. The company operates portfolio of artificial intelligence solutions. It also invests in energy infrastructure, and blockchain related technology. The company was formerly known as iMining Blockchain and Cryptocurrency Inc. and changed its name to iMining Technologies Inc. in August 2021.… Read more
iMining Blockchain and Cryptocurrency Inc (IBKKF) - Total Assets
Latest total assets as of February 2022: $18.75 Million USD
Based on the latest financial reports, iMining Blockchain and Cryptocurrency Inc (IBKKF) holds total assets worth $18.75 Million USD as of February 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.
iMining Blockchain and Cryptocurrency Inc - Total Assets Trend (2008–2021)
This chart illustrates how iMining Blockchain and Cryptocurrency Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
iMining Blockchain and Cryptocurrency Inc - Asset Composition Analysis
Current Asset Composition (May 2021)
iMining Blockchain and Cryptocurrency Inc's total assets of $18.75 Million consist of 9.8% current assets and 90.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.0% |
| Accounts Receivable | $52.27K | 0.3% |
| Inventory | $-52.27K | -0.3% |
| Property, Plant & Equipment | $406.00K | 2.5% |
| Intangible Assets | $8.67 Million | 52.6% |
| Goodwill | $5.45 Million | 33.1% |
Asset Composition Trend (2008–2021)
This chart illustrates how iMining Blockchain and Cryptocurrency 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: iMining Blockchain and Cryptocurrency Inc's current assets represent 9.8% of total assets in 2021, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2021, down from 99.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 85.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 52.6% of total assets.
iMining Blockchain and Cryptocurrency Inc Competitors by Total Assets
Key competitors of iMining Blockchain and Cryptocurrency Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
iMining Blockchain and Cryptocurrency 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 - iMining Blockchain and Cryptocurrency 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
Negative ROA - iMining Blockchain and Cryptocurrency Inc is currently not profitable relative to its asset base.
iMining Blockchain and Cryptocurrency 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 | 3.51 | 1.73 | 7.50 |
| Quick Ratio | 1.26 | 1.73 | 7.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $655.38K | $ 64.44K | $ 1.90 Million |
iMining Blockchain and Cryptocurrency Inc - Advanced Valuation Insights
This section examines the relationship between iMining Blockchain and Cryptocurrency 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 | 0.07 |
| Asset Growth Rate (YoY) | 102751.9% |
| Total Assets | $16.47 Million |
| Market Capitalization | $1.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values iMining Blockchain and Cryptocurrency Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: iMining Blockchain and Cryptocurrency Inc's assets grew by 102751.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for iMining Blockchain and Cryptocurrency Inc (2008–2021)
The table below shows the annual total assets of iMining Blockchain and Cryptocurrency Inc from 2008 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-05-31 | $16.47 Million | +102751.93% |
| 2020-05-31 | $16.01K | -98.01% |
| 2019-05-31 | $806.18K | -82.91% |
| 2018-05-31 | $4.72 Million | +112.29% |
| 2017-05-31 | $2.22 Million | +32.59% |
| 2016-05-31 | $1.68 Million | +3.38% |
| 2015-05-31 | $1.62 Million | -10.10% |
| 2014-05-31 | $1.80 Million | -1.35% |
| 2013-05-31 | $1.83 Million | -2.50% |
| 2012-05-31 | $1.88 Million | +104.33% |
| 2011-05-31 | $917.64K | -13.45% |
| 2010-05-31 | $1.06 Million | +261.89% |
| 2009-05-31 | $292.99K | -32.33% |
| 2008-05-31 | $432.95K | -- |