Nitches Inc
Nitches Inc. engages in the production and distribution of household, lifestyle, travel and leisure, sports goods, and clothing items in the United States. The company also develops NITCHES OVS, an owner verification system (OVS) mobile application that can be used to verify authenticity and ownership of Nitches' luxury products, apparels, and streetwear clothing items. It distributes its product… Read more
Nitches Inc (NICH) - Total Assets
Latest total assets as of August 2025: $64.16K USD
Based on the latest financial reports, Nitches Inc (NICH) holds total assets worth $64.16K USD as of August 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.
Nitches Inc - Total Assets Trend (1985–2025)
This chart illustrates how Nitches Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nitches Inc - Asset Composition Analysis
Current Asset Composition (August 2025)
Nitches Inc's total assets of $64.16K consist of 96.6% current assets and 3.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 93.5% |
| 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 (1985–2025)
This chart illustrates how Nitches 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: Nitches Inc's current assets represent 96.6% of total assets in 2025, an increase from 90.3% in 1985.
- Cash Position: Cash and equivalents constituted 93.5% of total assets in 2025, up from 6.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Nitches Inc Competitors by Total Assets
Key competitors of Nitches Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
F&F Co Ltd
KO:383220
|
Korea | ₩2.50 Trillion |
|
Apparel Manufacturing Associates Inc
PINK:APPM
|
USA | $220.50K |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Shanghai Metersbonwe Fashion&Accessories Co Ltd
SHE:002269
|
China | CN¥1.86 Billion |
Nitches 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 - Nitches Inc generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nitches Inc is currently not profitable relative to its asset base.
Nitches 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 | 0.03 | 0.03 | 1.33 |
| Quick Ratio | 0.03 | 0.03 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.27 Million | $ -2.27 Million | $ 7.20 Million |
Nitches Inc - Advanced Valuation Insights
This section examines the relationship between Nitches 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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -64.1% |
| Total Assets | $64.16K |
| Market Capitalization | $300.65 USD |
Valuation Analysis
Below Book Valuation: The market values Nitches Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nitches Inc's assets decreased by 64.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nitches Inc (1985–2025)
The table below shows the annual total assets of Nitches Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $64.16K | -64.08% |
| 2024-08-31 | $178.60K | 0.00% |
| 2023-08-31 | $178.60K | -17.86% |
| 2022-08-31 | $217.43K | +15958.42% |
| 2021-08-31 | $1.35K | -100.00% |
| 2007-08-31 | $38.10 Million | +23.77% |
| 2006-08-31 | $30.78 Million | +194.50% |
| 2005-08-31 | $10.45 Million | +37.14% |
| 2004-08-31 | $7.62 Million | +11.32% |
| 2003-08-31 | $6.85 Million | -34.81% |
| 2002-08-31 | $10.50 Million | +13.07% |
| 2001-08-31 | $9.29 Million | -7.21% |
| 2000-08-31 | $10.01 Million | +2.15% |
| 1999-08-31 | $9.80 Million | -28.99% |
| 1998-08-31 | $13.80 Million | -8.61% |
| 1997-08-31 | $15.10 Million | -17.03% |
| 1996-08-31 | $18.20 Million | -41.29% |
| 1995-08-31 | $31.00 Million | -19.69% |
| 1994-08-31 | $38.60 Million | -28.65% |
| 1993-08-31 | $54.10 Million | -4.75% |
| 1992-08-31 | $56.80 Million | +32.71% |
| 1991-08-31 | $42.80 Million | -32.60% |
| 1990-08-31 | $63.50 Million | +22.59% |
| 1989-08-31 | $51.80 Million | +1.37% |
| 1988-08-31 | $51.10 Million | -11.74% |
| 1987-08-31 | $57.90 Million | +48.84% |
| 1986-08-31 | $38.90 Million | +190.30% |
| 1985-08-31 | $13.40 Million | -- |