Lig Assets Inc.
LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas. The company purchases commercial and residential real estate properties for resale and rental. It also invests, acquires, finances, and manages commercial properties, such as hotels, apartments, condos, retail, and office buildings; and offers loans for single family homes. The company was founded i… Read more
Lig Assets Inc. (LIGA) - Total Assets
Latest total assets as of December 2024: $2.78 Million USD
Based on the latest financial reports, Lig Assets Inc. (LIGA) holds total assets worth $2.78 Million 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.
Lig Assets Inc. - Total Assets Trend (2008–2024)
This chart illustrates how Lig Assets Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lig Assets Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Lig Assets Inc.'s total assets of $2.78 Million consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2008–2024)
This chart illustrates how Lig Assets 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: Lig Assets Inc.'s current assets represent 0.0% of total assets in 2024, a decrease from 99.4% in 2008.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 1.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Lig Assets Inc. Competitors by Total Assets
Key competitors of Lig Assets Inc. 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 |
Lig Assets 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
Lower asset utilization - Lig Assets Inc. generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Lig Assets Inc. generates $6.57 in net profit.
Lig Assets 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 | 1.57 | 0.00 | 81.96 |
| Quick Ratio | 1.57 | 0.00 | 81.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.07 Million | $ -2.14 Million | $ 1.26 Million |
Lig Assets Inc. - Advanced Valuation Insights
This section examines the relationship between Lig Assets 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.4% |
| Total Assets | $2.78 Million |
| Market Capitalization | $144.72 USD |
Valuation Analysis
Below Book Valuation: The market values Lig Assets Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Lig Assets Inc.'s assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Lig Assets Inc. (2008–2024)
The table below shows the annual total assets of Lig Assets Inc. from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.78 Million | -0.45% |
| 2023-12-31 | $2.79 Million | -4.65% |
| 2022-12-31 | $2.93 Million | -4.40% |
| 2021-12-31 | $3.06 Million | +18.67% |
| 2020-12-31 | $2.58 Million | +8.13% |
| 2019-12-31 | $2.39 Million | +65.87% |
| 2018-12-31 | $1.44 Million | +2164.06% |
| 2017-12-31 | $63.53K | -94.65% |
| 2016-12-31 | $1.19 Million | -90.70% |
| 2015-12-31 | $12.77 Million | -7.35% |
| 2014-12-31 | $13.78 Million | -50.24% |
| 2012-12-31 | $27.69 Million | +11.78% |
| 2011-12-31 | $24.77 Million | +1280.91% |
| 2009-12-31 | $1.79 Million | -3.42% |
| 2008-12-31 | $1.86 Million | -- |