Legible Inc
Legible Inc. operates as an eBook entertainment and media company. The company develops and distributes reading and publishing platform; and operates a browser-based bookstore for readers, publishers, and authors. It offers Legible Unbound, a platform for unlimited listening and reading; Living Cookbook, cookbooks by former supermodel, author, TV host, and celebrity chef; Living Books, media livi… Read more
Legible Inc (LEBGF) - Total Assets
Latest total assets as of December 2024: $69.02K USD
Based on the latest financial reports, Legible Inc (LEBGF) holds total assets worth $69.02K USD as of December 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.
Legible Inc - Total Assets Trend (2019–2024)
This chart illustrates how Legible Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Legible Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Legible Inc's total assets of $69.02K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 56.2% |
| Accounts Receivable | $837.00 | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Legible 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: Legible Inc's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 56.2% of total assets in 2024, up from 0.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Legible Inc Competitors by Total Assets
Key competitors of Legible Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huamei Holding
SHE:000607
|
China | CN¥3.53 Billion |
|
Central China Land Media Co Ltd
SHE:000719
|
China | CN¥18.96 Billion |
|
Catcha Digital Bhd
KLSE:0173
|
Malaysia | RM142.18 Million |
|
YeaRimDang Publishing Co. Ltd
KQ:036000
|
Korea | ₩300.92 Billion |
|
Samsung Publis
KO:068290
|
Korea | ₩212.43 Billion |
|
Woongjin Thinkbig Co Ltd
KO:095720
|
Korea | ₩747.74 Billion |
|
Visang Educati
KO:100220
|
Korea | ₩360.50 Billion |
|
e-future.Co.Ltd
KQ:134060
|
Korea | ₩27.21 Billion |
Legible 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
Strong asset utilization - Legible Inc generates 1.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Legible Inc is currently not profitable relative to its asset base.
Legible 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 | 0.02 | 0.05 | 1.26 |
| Quick Ratio | 0.02 | 0.05 | 1.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.33 Million | $ -2.87 Million | $ 63.75K |
Legible Inc - Advanced Valuation Insights
This section examines the relationship between Legible 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 | 13.33 |
| Latest Market Cap to Assets Ratio | 1.84 |
| Asset Growth Rate (YoY) | -51.1% |
| Total Assets | $69.02K |
| Market Capitalization | $126.99K USD |
Valuation Analysis
Above Book Valuation: The market values Legible Inc's assets above their book value (1.84 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Legible Inc's assets decreased by 51.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Legible Inc (2019–2024)
The table below shows the annual total assets of Legible Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $69.02K | -51.10% |
| 2023-12-31 | $141.12K | -57.39% |
| 2022-12-31 | $331.17K | -90.63% |
| 2021-12-31 | $3.53 Million | +72096.06% |
| 2020-12-31 | $4.89K | 0.00% |
| 2019-12-31 | $4.89K | -- |