KARX
Karbon-X Corp. operates as a carbon marketing company focused on the technology-based greenhouse gas builds. The company engages in reduction of greenhouse gas emissions through sale of carbon credits. It also invests in CO2 reduction projects such as direct air capture, green hydroelectric energy production, and reforestation. The company serves mining, forestry, civic earthworks, transportation… Read more
KARX (KARX) - Total Assets
Latest total assets as of August 2024: $3.29 Million USD
Based on the latest financial reports, KARX (KARX) holds total assets worth $3.29 Million USD as of August 2024.
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.
KARX - Total Assets Trend (2022–2024)
This chart illustrates how KARX’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
KARX - Asset Composition Analysis
Current Asset Composition (May 2024)
KARX's total assets of $3.29 Million consist of 70.4% current assets and 29.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 67.4% |
| Accounts Receivable | $113.07K | 2.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $521.37K | 13.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how KARX'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: KARX's current assets represent 70.4% of total assets in 2024, a decrease from 99.4% in 2022.
- Cash Position: Cash and equivalents constituted 67.4% of total assets in 2024, down from 71.1% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, a decrease from 26.0% in 2022.
- Asset Diversification: The largest asset category is intangible assets at 13.1% of total assets.
KARX Competitors by Total Assets
Key competitors of KARX based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
China | CN¥4.97 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
China | CN¥11.09 Billion |
KARX - 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 - KARX generates 0.10x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - KARX is currently not profitable relative to its asset base.
KARX - 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 | 17.10 | 3.88 | 147.01 |
| Quick Ratio | 17.10 | 3.88 | 122.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.24 Million | $ 784.19K | $ 521.24K |
KARX - Advanced Valuation Insights
This section examines the relationship between KARX'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 | 159.65 |
| Latest Market Cap to Assets Ratio | 28.97 |
| Asset Growth Rate (YoY) | 57.9% |
| Total Assets | $3.97 Million |
| Market Capitalization | $115.01 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values KARX's assets at a significant premium ( 28.97x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: KARX's assets grew by 57.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for KARX (2022–2024)
The table below shows the annual total assets of KARX from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-05-31 | $3.97 Million | +57.87% |
| 2023-05-31 | $2.52 Million | +274.50% |
| 2022-05-31 | $671.60K | -- |