KORGW
KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions in the United States and internationally. The company offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. Its products include IoT connectivity-as-a-service; connectivity enab… Read more
KORGW (KORGW) - Total Assets
Latest total assets as of March 2025: $445.13 Million USD
Based on the latest financial reports, KORGW (KORGW) holds total assets worth $445.13 Million 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.
KORGW - Total Assets Trend (2020–2024)
This chart illustrates how KORGW’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
KORGW - Asset Composition Analysis
Current Asset Composition (September 2024)
KORGW's total assets of $445.13 Million consist of 17.5% current assets and 82.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.3% |
| Accounts Receivable | $43.98 Million | 9.7% |
| Inventory | $6.65 Million | 1.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $125.06 Million | 27.4% |
| Goodwill | $228.84 Million | 50.2% |
Asset Composition Trend (2020–2024)
This chart illustrates how KORGW'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: KORGW's current assets represent 17.5% of total assets in 2024, an increase from 8.9% in 2020.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, up from 1.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 77.0% of total assets, a decrease from 88.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 50.2% of total assets.
KORGW Competitors by Total Assets
Key competitors of KORGW based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
|
mTouche Technology Bhd
KLSE:0092
|
Malaysia | RM83.52 Million |
KORGW - 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 - KORGW generates 0.63x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - KORGW is currently not profitable relative to its asset base.
KORGW - 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 | 1.23 | 1.37 | 2.26 |
| Quick Ratio | 1.14 | 1.26 | 2.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $15.18 Million | $ 26.71 Million | $ 59.39 Million |
KORGW - Advanced Valuation Insights
This section examines the relationship between KORGW'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) | -22.3% |
| Total Assets | $455.83 Million |
| Market Capitalization | $6.20K USD |
Valuation Analysis
Below Book Valuation: The market values KORGW's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: KORGW's assets decreased by 22.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for KORGW (2020–2024)
The table below shows the annual total assets of KORGW from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $455.83 Million | -22.34% |
| 2023-09-30 | $586.98 Million | -14.77% |
| 2022-09-30 | $688.68 Million | -9.42% |
| 2021-09-30 | $760.34 Million | +8.62% |
| 2020-09-30 | $700.02 Million | -- |