IGEN Networks Corp
IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. The company provides vehicle tracking and recovery solutions; and direct and secure access to information on the vehicle assets and the driver's behavior. It offers its software services to automotive dealers, financial institutions, government channels, and direct-to-… Read more
IGEN Networks Corp (IGEN) - Total Assets
Latest total assets as of September 2023: $33.32K USD
Based on the latest financial reports, IGEN Networks Corp (IGEN) holds total assets worth $33.32K 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.
IGEN Networks Corp - Total Assets Trend (2006–2022)
This chart illustrates how IGEN Networks Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
IGEN Networks Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
IGEN Networks Corp's total assets of $33.32K consist of 8.4% current assets and 91.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | -9.0% |
| Accounts Receivable | $21.90K | 3.6% |
| Inventory | $30.14K | 4.9% |
| Property, Plant & Equipment | $53.02K | 8.6% |
| Intangible Assets | $-1.00 | 0.0% |
| Goodwill | $505.51K | 82.0% |
Asset Composition Trend (2006–2022)
This chart illustrates how IGEN Networks Corp'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: IGEN Networks Corp's current assets represent 8.4% of total assets in 2022, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted -9.0% of total assets in 2022, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 82.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 82.0% of total assets.
IGEN Networks Corp Competitors by Total Assets
Key competitors of IGEN Networks Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
IGEN Networks Corp - 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 - IGEN Networks Corp generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - IGEN Networks Corp is currently not profitable relative to its asset base.
IGEN Networks Corp - 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 | 0.03 | 0.14 | 0.11 |
| Quick Ratio | 0.00 | 0.09 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.21 Million | $ -881.07K | $ -1.21 Million |
IGEN Networks Corp - Advanced Valuation Insights
This section examines the relationship between IGEN Networks Corp'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 | 0.50 |
| Asset Growth Rate (YoY) | -19.1% |
| Total Assets | $616.29K |
| Market Capitalization | $305.40K USD |
Valuation Analysis
Below Book Valuation: The market values IGEN Networks Corp's assets below their book value (0.50 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: IGEN Networks Corp's assets decreased by 19.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for IGEN Networks Corp (2006–2022)
The table below shows the annual total assets of IGEN Networks Corp from 2006 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $616.29K | -19.10% |
| 2021-12-31 | $761.83K | +29.67% |
| 2020-12-31 | $587.52K | +10.44% |
| 2019-12-31 | $531.99K | -18.35% |
| 2018-12-31 | $651.58K | +1.72% |
| 2017-12-31 | $640.55K | -16.42% |
| 2016-12-31 | $766.38K | +9.69% |
| 2015-12-31 | $698.70K | -40.99% |
| 2014-12-31 | $1.18 Million | +102.61% |
| 2013-12-31 | $584.35K | +42.61% |
| 2012-12-31 | $409.75K | -21.93% |
| 2011-12-31 | $524.85K | -70.31% |
| 2010-12-31 | $1.77 Million | +5356706.06% |
| 2009-12-31 | $33.00 | -77.55% |
| 2008-12-31 | $147.00 | -98.92% |
| 2007-12-31 | $13.65K | -77.25% |
| 2006-12-31 | $60.00K | -- |