Mobi724 Global Solutions Inc
Mobi724 Global Solutions Inc., a fintech company, provides various integrated data-driven business and artificial intelligence powered card-linked offers and reward solutions in Canada and Argentina. The company was formerly known as Hybrid Paytech World Inc. and changed its name to Mobi724 Global Solutions Inc. in February 2015. Mobi724 Global Solutions Inc. was incorporated in 2005 and is headq… Read more
Mobi724 Global Solutions Inc (MOBIF) - Total Assets
Latest total assets as of December 2023: $756.03K USD
Based on the latest financial reports, Mobi724 Global Solutions Inc (MOBIF) holds total assets worth $756.03K USD as of December 2023.
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.
Mobi724 Global Solutions Inc - Total Assets Trend (2009–2022)
This chart illustrates how Mobi724 Global Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mobi724 Global Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Mobi724 Global Solutions Inc's total assets of $756.03K consist of 98.4% current assets and 1.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 30.1% |
| Accounts Receivable | $282.10K | 27.3% |
| Inventory | $-212.96K | -20.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2022)
This chart illustrates how Mobi724 Global Solutions 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: Mobi724 Global Solutions Inc's current assets represent 98.4% of total assets in 2022, an increase from 69.5% in 2009.
- Cash Position: Cash and equivalents constituted 30.1% of total assets in 2022, up from 23.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 21.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 27.3% of total assets.
Mobi724 Global Solutions Inc Competitors by Total Assets
Key competitors of Mobi724 Global Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Mobi724 Global Solutions 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 - Mobi724 Global Solutions Inc generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mobi724 Global Solutions Inc is currently not profitable relative to its asset base.
Mobi724 Global Solutions 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 | 0.05 | 0.08 | 0.49 |
| Quick Ratio | 0.04 | 0.05 | 0.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-14.11 Million | $ -11.98 Million | $ -1.35 Million |
Mobi724 Global Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Mobi724 Global Solutions 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 | 2.84 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -25.2% |
| Total Assets | $1.03 Million |
| Market Capitalization | $26.61K USD |
Valuation Analysis
Below Book Valuation: The market values Mobi724 Global Solutions Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mobi724 Global Solutions Inc's assets decreased by 25.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mobi724 Global Solutions Inc (2009–2022)
The table below shows the annual total assets of Mobi724 Global Solutions Inc from 2009 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $1.03 Million | -25.24% |
| 2021-12-31 | $1.38 Million | +82.74% |
| 2020-12-31 | $756.45K | -71.59% |
| 2019-12-31 | $2.66 Million | -58.78% |
| 2018-12-31 | $6.46 Million | -53.24% |
| 2017-12-31 | $13.82 Million | +31.74% |
| 2016-12-31 | $10.49 Million | +41.91% |
| 2015-12-31 | $7.39 Million | -9.44% |
| 2014-12-31 | $8.16 Million | +15.25% |
| 2013-12-31 | $7.08 Million | +180.12% |
| 2012-12-31 | $2.53 Million | +5236.63% |
| 2011-12-31 | $47.37K | +64.38% |
| 2010-12-31 | $28.82K | -89.09% |
| 2009-12-31 | $264.10K | -- |