ICDX
Incordex Corp. focuses on providing online handwritten letter services through its web platform to direct mail marketing companies. The company was incorporated in 2020 and is based in Nuneaton, the United Kingdom. As of January 13, 2025, Incordex Corp. operates as a subsidiary of HK Hangang Information Consulting Limited.
ICDX (ICDX) - Total Assets
Latest total assets as of March 2025: $0.00 USD
Based on the latest financial reports, ICDX (ICDX) holds total assets worth $0.00 USD as of March 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.
ICDX - Total Assets Trend (2023–2024)
This chart illustrates how ICDX’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ICDX - Asset Composition Analysis
Current Asset Composition (June 2024)
ICDX's total assets of $0.00 consist of 4.4% current assets and 95.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $21.30K | 95.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2023–2024)
This chart illustrates how ICDX'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: ICDX's current assets represent 4.4% of total assets in 2024, a decrease from 77.5% in 2023.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, down from 58.1% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 95.0% of total assets, an increase from 22.0% in 2023.
- Asset Diversification: The largest asset category is intangible assets at 95.6% of total assets.
ICDX Competitors by Total Assets
Key competitors of ICDX based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Da Lue International Holding Co Ltd
TWO:4804
|
Taiwan | NT$384.89 Million |
|
Lungyen Life Service
TWO:5530
|
Taiwan | NT$77.05 Billion |
|
Hube Yangfan Holding Co Ltd
SHG:600421
|
China | CN¥183.02 Million |
|
Af Legal Group Ltd
AU:AFL
|
Australia | AU$27.86 Million |
|
Apiam Animal Health Ltd
AU:AHX
|
Australia | AU$255.80 Million |
|
Lepermislibre Sa
PA:ALLPL
|
France | €4.38 Million |
|
Andersen Group Inc.
NYSE:ANDG
|
USA | $563.07 Million |
|
Bright Horizons Family Solutions Inc
NYSE:BFAM
|
USA | $4.15 Billion |
ICDX - 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 - ICDX generates 1.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ICDX is currently not profitable relative to its asset base.
ICDX - 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 | 0.00 | 0.65 | 0.00 |
| Quick Ratio | 0.00 | 0.65 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.87K | $ -4.86K | $ 7.19K |
ICDX - Advanced Valuation Insights
This section examines the relationship between ICDX'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 | 1218.93 |
| Latest Market Cap to Assets Ratio | 84.58 |
| Asset Growth Rate (YoY) | 140.2% |
| Total Assets | $22.29K |
| Market Capitalization | $1.89 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values ICDX's assets at a significant premium ( 84.58x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: ICDX's assets grew by 140.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ICDX (2023–2024)
The table below shows the annual total assets of ICDX from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $22.29K | +140.17% |
| 2023-06-30 | $9.28K | -- |