NFT Technologies Inc
Stable Infrastructure Inc. invests in digital assets in Canada. It invests in non-fungible tokens (NFTs), metaverse, advise creators, and platforms. The company also develops infrastructure, assets, real estate, and IP in the metaverse; and builds web3 games and assets to the public markets. In addition, it is involved in consulting business; and provision of advisory services in the NFT sector. … Read more
NFT Technologies Inc (NFTFF) - Total Assets
Latest total assets as of September 2023: $1.77 Million USD
Based on the latest financial reports, NFT Technologies Inc (NFTFF) holds total assets worth $1.77 Million USD as of September 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.
NFT Technologies Inc - Total Assets Trend (2019–2022)
This chart illustrates how NFT Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NFT Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
NFT Technologies Inc's total assets of $1.77 Million consist of 38.2% current assets and 61.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.6% |
| 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 (2019–2022)
This chart illustrates how NFT Technologies 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: NFT Technologies Inc's current assets represent 38.2% of total assets in 2022, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2022, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
NFT Technologies Inc Competitors by Total Assets
Key competitors of NFT Technologies 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 |
NFT Technologies 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 - NFT Technologies Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NFT Technologies Inc is currently not profitable relative to its asset base.
NFT Technologies 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 | 0.38 | 11.39 | 16.40 |
| Quick Ratio | 0.07 | 6.24 | 16.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-606.91K | $ 2.24 Million | $ 3.78 Million |
NFT Technologies Inc - Advanced Valuation Insights
This section examines the relationship between NFT Technologies 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 | 1.23 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -52.3% |
| Total Assets | $2.26 Million |
| Market Capitalization | $62.57 USD |
Valuation Analysis
Below Book Valuation: The market values NFT Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NFT Technologies Inc's assets decreased by 52.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NFT Technologies Inc (2019–2022)
The table below shows the annual total assets of NFT Technologies Inc from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $2.26 Million | -52.31% |
| 2021-12-31 | $4.73 Million | +473325600.00% |
| 2020-12-31 | $1.00 | 0.00% |
| 2019-12-31 | $1.00 | -- |