noco-noco Inc.
noco-noco Inc. operates as an early-stage decarbonization solution provider in Asia. The company engages in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carbon credit s… Read more
noco-noco Inc. (NCNCF) - Total Assets
Latest total assets as of June 2024: $502.54K USD
Based on the latest financial reports, noco-noco Inc. (NCNCF) holds total assets worth $502.54K USD as of June 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.
noco-noco Inc. - Total Assets Trend (2021–2024)
This chart illustrates how noco-noco Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
noco-noco Inc. - Asset Composition Analysis
Current Asset Composition (June 2024)
noco-noco Inc.'s total assets of $502.54K consist of 98.3% current assets and 1.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 87.0% |
| 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 (2021–2024)
This chart illustrates how noco-noco 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: noco-noco Inc.'s current assets represent 98.3% of total assets in 2024, an increase from 54.6% in 2021.
- Cash Position: Cash and equivalents constituted 87.0% of total assets in 2024, up from 6.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
noco-noco Inc. Competitors by Total Assets
Key competitors of noco-noco Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
noco-noco 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 - noco-noco 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 - noco-noco Inc. is currently not profitable relative to its asset base.
noco-noco 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 | 0.14 | 0.60 | 0.60 |
| Quick Ratio | 0.14 | 0.60 | 0.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.93 Million | $ -304.45K | $ -304.45K |
noco-noco Inc. - Advanced Valuation Insights
This section examines the relationship between noco-noco 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 | 0.06 |
| Asset Growth Rate (YoY) | -27.3% |
| Total Assets | $502.54K |
| Market Capitalization | $28.34K USD |
Valuation Analysis
Below Book Valuation: The market values noco-noco Inc.'s assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: noco-noco Inc.'s assets decreased by 27.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for noco-noco Inc. (2021–2024)
The table below shows the annual total assets of noco-noco Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $502.54K | -27.29% |
| 2023-06-30 | $691.20K | +188.69% |
| 2022-06-30 | $239.42K | -53.04% |
| 2021-06-30 | $509.88K | -- |