Blast Applications
Italian Food & Beverage Corp. imports, exports, merchants, distributes, and deals fine wine and food products. The company is based in Plainview, New York.
Blast Applications (IFBC) - Total Assets
Latest total assets as of March 2025: $215.58K USD
Based on the latest financial reports, Blast Applications (IFBC) holds total assets worth $215.58K 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.
Blast Applications - Total Assets Trend (2014–2024)
This chart illustrates how Blast Applications’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Blast Applications - Asset Composition Analysis
Current Asset Composition (December 2024)
Blast Applications's total assets of $215.58K consist of 54.3% current assets and 45.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $64.64K | 27.0% |
| Inventory | $52.33K | 21.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $96.11K | 40.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Blast Applications'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: Blast Applications's current assets represent 54.3% of total assets in 2024, an increase from 28.1% in 2014.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, down from 9.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 40.0% of total assets, a decrease from 42.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 40.2% of total assets.
Blast Applications Competitors by Total Assets
Key competitors of Blast Applications based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
China | CN¥4.72 Billion |
|
Lotte Chilsung Beverage
KO:005300
|
Korea | ₩4.44 Trillion |
|
Orgabio Holdings Bhd
KLSE:0252
|
Malaysia | RM103.06 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
China | CN¥2.02 Billion |
|
Oceanic Beverages Co Inc
TW:1213
|
Taiwan | NT$790.01 Million |
|
Hey-Song Corp
TW:1234
|
Taiwan | NT$23.95 Billion |
|
Sunjuice Holdings Co Ltd
TW:1256
|
Taiwan | NT$4.60 Billion |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
Korea | ₩231.33 Billion |
Blast Applications - 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
Moderate asset utilization - Blast Applications generates 0.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Blast Applications is currently not profitable relative to its asset base.
Blast Applications - 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 | 0.29 | 0.32 | 0.22 |
| Quick Ratio | 0.19 | 0.15 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-267.10K | $ -217.17K | $ -282.71K |
Blast Applications - Advanced Valuation Insights
This section examines the relationship between Blast Applications'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 | 0.00 |
| Asset Growth Rate (YoY) | -11.6% |
| Total Assets | $239.04K |
| Market Capitalization | $14.86 USD |
Valuation Analysis
Below Book Valuation: The market values Blast Applications's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Blast Applications's assets decreased by 11.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Blast Applications (2014–2024)
The table below shows the annual total assets of Blast Applications from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $239.04K | -11.58% |
| 2023-12-31 | $270.36K | +15.08% |
| 2022-12-31 | $234.94K | +23.94% |
| 2020-12-31 | $189.56K | -64.77% |
| 2019-12-31 | $538.10K | +38.93% |
| 2018-12-31 | $387.32K | -62.23% |
| 2017-12-31 | $1.03 Million | +27.70% |
| 2016-12-31 | $803.02K | -50.84% |
| 2015-12-31 | $1.63 Million | +28.81% |
| 2014-12-31 | $1.27 Million | -- |