SmileDirectClub Inc.
SmileDirectClub, Inc., an oral care company, offers clear aligner therapy treatment. The company manages the end-to-end process, which include marketing, aligner manufacturing, fulfillment, treatment by a customer's dentist or orthodontist, and facilitating remote clinical monitoring through a network of orthodontists and general dentists through its proprietary teledentistry platform, SmileCheck… Read more
SmileDirectClub Inc. (SDCCQ) - Total Assets
Latest total assets as of June 2023: $498.71 Million USD
Based on the latest financial reports, SmileDirectClub Inc. (SDCCQ) holds total assets worth $498.71 Million USD as of June 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.
SmileDirectClub Inc. - Total Assets Trend (2017–2022)
This chart illustrates how SmileDirectClub Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SmileDirectClub Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
SmileDirectClub Inc.'s total assets of $498.71 Million consist of 49.8% current assets and 50.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.6% |
| Accounts Receivable | $143.08 Million | 24.0% |
| Inventory | $44.39 Million | 7.4% |
| Property, Plant & Equipment | $211.23 Million | 35.4% |
| Intangible Assets | $10.46 Million | 1.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2022)
This chart illustrates how SmileDirectClub 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: SmileDirectClub Inc.'s current assets represent 49.8% of total assets in 2022, a decrease from 64.6% in 2017.
- Cash Position: Cash and equivalents constituted 15.6% of total assets in 2022, up from 6.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 35.4% of total assets.
SmileDirectClub Inc. Competitors by Total Assets
Key competitors of SmileDirectClub Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
OJsys Inc
PINK:OJSY
|
USA | $8.03 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
SmileDirectClub 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
Strong asset utilization - SmileDirectClub Inc. generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SmileDirectClub Inc. is currently not profitable relative to its asset base.
SmileDirectClub 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 | 1.90 | 2.54 | 3.21 |
| Quick Ratio | 1.58 | 2.23 | 2.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $100.77 Million | $ 237.41 Million | $ 387.26 Million |
SmileDirectClub Inc. - Advanced Valuation Insights
This section examines the relationship between SmileDirectClub 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -24.9% |
| Total Assets | $597.06 Million |
| Market Capitalization | $13.36K USD |
Valuation Analysis
Below Book Valuation: The market values SmileDirectClub Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SmileDirectClub Inc.'s assets decreased by 24.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SmileDirectClub Inc. (2017–2022)
The table below shows the annual total assets of SmileDirectClub Inc. from 2017 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $597.06 Million | -24.86% |
| 2021-12-31 | $794.56 Million | -10.20% |
| 2020-12-31 | $884.79 Million | -0.10% |
| 2019-12-31 | $885.64 Million | +59.52% |
| 2018-12-31 | $555.19 Million | +736.06% |
| 2017-12-31 | $66.41 Million | -- |