Mitesco Inc
Mitesco, Inc. engages in providing cloud computing, application hosting, and other data center related applications. It also sells remote backup, general business applications, engineering analysis software, and digital marketing related to residential real estate software development. The company is based in Vero Beach, Florida.
Mitesco Inc (MITI) - Total Assets
Latest total assets as of September 2025: $165.69K USD
Based on the latest financial reports, Mitesco Inc (MITI) holds total assets worth $165.69K USD as of September 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.
Mitesco Inc - Total Assets Trend (2006–2024)
This chart illustrates how Mitesco Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mitesco Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mitesco Inc's total assets of $165.69K consist of 20.1% current assets and 80.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| Accounts Receivable | $29.70K | 15.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $151.77K | 80.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Mitesco 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: Mitesco Inc's current assets represent 20.1% of total assets in 2024, a decrease from 48.0% in 2006.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, down from 48.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 51.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 80.0% of total assets.
Mitesco Inc Competitors by Total Assets
Key competitors of Mitesco Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Mitesco 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 - Mitesco Inc generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mitesco Inc is currently not profitable relative to its asset base.
Mitesco 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 | 0.00 | 0.01 | 0.02 |
| Quick Ratio | 0.00 | 0.01 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.54 Million | $ -12.00 Million | $ -2.96 Million |
Mitesco Inc - Advanced Valuation Insights
This section examines the relationship between Mitesco 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 | 38.33 |
| Latest Market Cap to Assets Ratio | 10.95 |
| Asset Growth Rate (YoY) | 6589.3% |
| Total Assets | $189.84K |
| Market Capitalization | $2.08 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mitesco Inc's assets at a significant premium ( 10.95x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Mitesco Inc's assets grew by 6589.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mitesco Inc (2006–2024)
The table below shows the annual total assets of Mitesco Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $189.84K | +6589.25% |
| 2023-12-31 | $2.84K | -99.89% |
| 2022-12-31 | $2.60 Million | -75.58% |
| 2021-12-31 | $10.65 Million | +1234.33% |
| 2020-12-31 | $798.51K | +692.02% |
| 2019-12-31 | $100.82K | +2550.37% |
| 2018-12-31 | $3.80K | -- |
| 2017-12-31 | $0.00 | -- |
| 2016-12-31 | $1.88K | -95.85% |
| 2015-12-31 | $45.19K | -95.32% |
| 2014-12-31 | $964.65K | -41.56% |
| 2013-12-31 | $1.65 Million | +111.80% |
| 2012-12-31 | $779.32K | +8397.64% |
| 2011-12-31 | $9.17K | -38.75% |
| 2010-12-31 | $14.97K | -10.74% |
| 2009-12-31 | $16.78K | +77.84% |
| 2007-12-31 | $9.43K | -41.88% |
| 2006-12-31 | $16.23K | -- |