IFAN Financial Inc
IFAN Financial, Inc., together with its subsidiaries, designs, develops, and distributes software to enable mobile payments. Its products include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer, as well as peer-to-peer cash transfers. It has a portfolio of solutions, including mobile optimized "white label' solutions with… Read more
IFAN Financial Inc (IFAN) - Total Assets
Latest total assets as of May 2016: $4.07 Million USD
Based on the latest financial reports, IFAN Financial Inc (IFAN) holds total assets worth $4.07 Million USD as of May 2016.
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.
IFAN Financial Inc - Total Assets Trend (2011–2015)
This chart illustrates how IFAN Financial Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
IFAN Financial Inc - Asset Composition Analysis
Current Asset Composition (August 2015)
IFAN Financial Inc's total assets of $4.07 Million consist of 2.9% current assets and 97.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $2.00K | 0.0% |
| Intangible Assets | $4.77 Million | 94.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2015)
This chart illustrates how IFAN Financial 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: IFAN Financial Inc's current assets represent 2.9% of total assets in 2015, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2015, down from 100.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 94.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is intangible assets at 94.9% of total assets.
IFAN Financial Inc Competitors by Total Assets
Key competitors of IFAN Financial Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
IFAN Financial 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 - IFAN Financial 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 - IFAN Financial Inc is currently not profitable relative to its asset base.
IFAN Financial 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 | 0.06 | 0.25 | 2.67 |
| Quick Ratio | 0.06 | 0.25 | 2.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.28 Million | $ -890.43K | $ 2.50K |
IFAN Financial Inc - Advanced Valuation Insights
This section examines the relationship between IFAN Financial 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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1685.8% |
| Total Assets | $5.02 Million |
| Market Capitalization | $0.91 USD |
Valuation Analysis
Below Book Valuation: The market values IFAN Financial Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: IFAN Financial Inc's assets grew by 1685.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for IFAN Financial Inc (2011–2015)
The table below shows the annual total assets of IFAN Financial Inc from 2011 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-08-31 | $5.02 Million | +1685.83% |
| 2014-08-31 | $281.14K | +20648.41% |
| 2013-08-31 | $1.35K | +613.16% |
| 2012-08-31 | $190.00 | -95.25% |
| 2011-08-31 | $4.00K | -- |