Luxxfolio Holdings Inc
Luxxfolio Holdings Inc., together with its subsidiary, operates as a digital asset company in Canada. It is involved in bitcoin mining; and hosting operations. The company was formerly known as AX1 Capital Corp. and changed its name to Luxxfolio Holdings Inc. in March 2019. Luxxfolio Holdings Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Luxxfolio Holdings Inc (LUXFF) - Total Assets
Latest total assets as of February 2025: $15.51K USD
Based on the latest financial reports, Luxxfolio Holdings Inc (LUXFF) holds total assets worth $15.51K USD as of February 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.
Luxxfolio Holdings Inc - Total Assets Trend (2018–2024)
This chart illustrates how Luxxfolio Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Luxxfolio Holdings Inc - Asset Composition Analysis
Current Asset Composition (August 2024)
Luxxfolio Holdings Inc's total assets of $15.51K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 59.4% |
| Accounts Receivable | $10.68K | 40.7% |
| 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 (2018–2024)
This chart illustrates how Luxxfolio Holdings 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: Luxxfolio Holdings Inc's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 59.4% of total assets in 2024, up from 34.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 40.7% of total assets.
Luxxfolio Holdings Inc Competitors by Total Assets
Key competitors of Luxxfolio Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
Luxxfolio Holdings 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 - Luxxfolio Holdings Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Luxxfolio Holdings Inc is currently not profitable relative to its asset base.
Luxxfolio Holdings 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 | 0.07 | 0.21 | 0.85 |
| Quick Ratio | 0.07 | 0.21 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-213.03K | $ -168.10K | $ -8.33K |
Luxxfolio Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Luxxfolio Holdings 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 | 0.02 |
| Latest Market Cap to Assets Ratio | 39.88 |
| Asset Growth Rate (YoY) | -66.8% |
| Total Assets | $26.27K |
| Market Capitalization | $1.05 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Luxxfolio Holdings Inc's assets at a significant premium ( 39.88x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Luxxfolio Holdings Inc's assets decreased by 66.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Luxxfolio Holdings Inc (2018–2024)
The table below shows the annual total assets of Luxxfolio Holdings Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $26.27K | -66.83% |
| 2023-08-31 | $79.21K | -99.06% |
| 2022-08-31 | $8.46 Million | -71.18% |
| 2021-08-31 | $29.36 Million | +22872.59% |
| 2020-08-31 | $127.81K | -17.62% |
| 2019-08-31 | $155.15K | -86.79% |
| 2018-08-31 | $1.17 Million | -- |