Nodechain Inc
Nodechain, Inc. engages in the digital cryptocurrency mining and transaction validation operations. It is involved in the mining and discovery of Bitcoin and Ethereum cryptocurrencies. The company was formerly known as Vapetek, Inc. and changed its name to Nodechain, Inc. December 2017. The company was founded in 2013 and is based in Huntington Beach, California.
Nodechain Inc (NODC) - Total Assets
Latest total assets as of June 2018: $158.70K USD
Based on the latest financial reports, Nodechain Inc (NODC) holds total assets worth $158.70K USD as of June 2018.
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.
Nodechain Inc - Total Assets Trend (2014–2017)
This chart illustrates how Nodechain Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nodechain Inc - Asset Composition Analysis
Current Asset Composition (December 2017)
Nodechain Inc's total assets of $158.70K consist of 17.6% current assets and 82.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $26.62K | 82.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2017)
This chart illustrates how Nodechain 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: Nodechain Inc's current assets represent 17.6% of total assets in 2017, a decrease from 89.2% in 2014.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2017, down from 64.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 82.4% of total assets.
Nodechain Inc Competitors by Total Assets
Key competitors of Nodechain Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
Nodechain 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 - Nodechain Inc generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nodechain Inc is currently not profitable relative to its asset base.
Nodechain 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 | 1.45 | 0.91 | 0.72 |
| Quick Ratio | 0.03 | 0.04 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $42.25K | $ -3.66K | $ -5.45K |
Nodechain Inc - Advanced Valuation Insights
This section examines the relationship between Nodechain 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 | 19.62 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -36.7% |
| Total Assets | $32.31K |
| Market Capitalization | $1.38K USD |
Valuation Analysis
Below Book Valuation: The market values Nodechain Inc's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nodechain Inc's assets decreased by 36.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nodechain Inc (2014–2017)
The table below shows the annual total assets of Nodechain Inc from 2014 to 2017.
| Year | Total Assets | Change |
|---|---|---|
| 2017-12-31 | $32.31K | -36.72% |
| 2016-12-31 | $51.06K | +113.68% |
| 2015-12-31 | $23.90K | +214.38% |
| 2014-12-31 | $7.60K | -- |