Logiq Inc
Logiq, Inc. does not have significant operations. It was previously engaged in ecommerce solutions and services. The company was formerly known as Weyland Tech Inc. and changed its name to Logiq, Inc. in September 2020. Logiq, Inc. is headquartered in New York, New York.
Logiq Inc (LGIQ) - Total Assets
Latest total assets as of December 2024: $593.20K USD
Based on the latest financial reports, Logiq Inc (LGIQ) holds total assets worth $593.20K 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.
Logiq Inc - Total Assets Trend (2004–2023)
This chart illustrates how Logiq Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Logiq Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Logiq Inc's total assets of $593.20K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.6% |
| Accounts Receivable | $482.42K | 74.1% |
| Inventory | $221.59K | 34.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.12 Million | 1093.1% |
| Goodwill | $5.58 Million | 856.5% |
Asset Composition Trend (2004–2023)
This chart illustrates how Logiq 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: Logiq Inc's current assets represent 100.0% of total assets in 2023, an increase from 6.5% in 2004.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2023, down from 6.5% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1949.0% of total assets, an increase from 64.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 1093.1% of total assets.
Logiq Inc Competitors by Total Assets
Key competitors of Logiq Inc 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 |
Logiq 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 - Logiq Inc generates 39.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Logiq Inc is currently not profitable relative to its asset base.
Logiq 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 | 0.66 | 0.63 | 5.61 |
| Quick Ratio | 0.66 | 0.63 | 5.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-304.91K | $ -390.68K | $ 11.17 Million |
Logiq Inc - Advanced Valuation Insights
This section examines the relationship between Logiq 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 | 0.23 |
| Latest Market Cap to Assets Ratio | 4.12 |
| Asset Growth Rate (YoY) | -95.7% |
| Total Assets | $651.28K |
| Market Capitalization | $2.69 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Logiq Inc's assets at a significant premium ( 4.12x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Logiq Inc's assets decreased by 95.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Logiq Inc (2004–2023)
The table below shows the annual total assets of Logiq Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $651.28K | -95.71% |
| 2022-12-31 | $15.18 Million | -55.58% |
| 2021-12-31 | $34.19 Million | +14.18% |
| 2020-12-31 | $29.94 Million | +164.22% |
| 2019-12-31 | $11.33 Million | +106.46% |
| 2018-12-31 | $5.49 Million | +3.61% |
| 2017-12-31 | $5.30 Million | +56.00% |
| 2016-12-31 | $3.40 Million | +50.94% |
| 2015-12-31 | $2.25 Million | +1237.40% |
| 2014-12-31 | $168.22K | -43.34% |
| 2013-12-31 | $296.92K | -36.51% |
| 2012-12-31 | $467.68K | +894.22% |
| 2011-12-31 | $47.04K | -77.62% |
| 2010-12-31 | $210.18K | -97.37% |
| 2008-12-31 | $7.98 Million | -1.45% |
| 2007-12-31 | $8.09 Million | +17570.99% |
| 2005-12-31 | $45.80K | +197.63% |
| 2004-12-31 | $15.39K | -- |