SFTCF
Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software a… Read more
SFTCF (SFTCF) - Total Assets
Latest total assets as of September 2024: $525.01 Million USD
Based on the latest financial reports, SFTCF (SFTCF) holds total assets worth $525.01 Million USD as of September 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.
SFTCF - Total Assets Trend (2020–2023)
This chart illustrates how SFTCF’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SFTCF - Asset Composition Analysis
Current Asset Composition (December 2023)
SFTCF's total assets of $525.01 Million consist of 66.2% current assets and 33.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.0% |
| Accounts Receivable | $322.84 Million | 55.1% |
| Inventory | $546.00K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $36.19 Million | 6.2% |
| Goodwill | $137.93 Million | 23.5% |
Asset Composition Trend (2020–2023)
This chart illustrates how SFTCF'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: SFTCF's current assets represent 66.2% of total assets in 2023, an increase from 59.9% in 2020.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2023, up from 0.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 29.0% of total assets, a decrease from 34.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 55.1% of total assets.
SFTCF Competitors by Total Assets
Key competitors of SFTCF 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 |
SFTCF - 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 - SFTCF generates 1.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, SFTCF generates $7.86 in net profit.
SFTCF - 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 | 0.81 | 0.93 | 0.96 |
| Quick Ratio | 0.81 | 0.93 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-79.80 Million | $ -27.07 Million | $ -13.62 Million |
SFTCF - Advanced Valuation Insights
This section examines the relationship between SFTCF'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 | 12.83 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | -1.9% |
| Total Assets | $585.98 Million |
| Market Capitalization | $447.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values SFTCF's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: SFTCF's assets decreased by 1.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for SFTCF (2020–2023)
The table below shows the annual total assets of SFTCF from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $585.98 Million | -1.89% |
| 2022-12-31 | $597.25 Million | -6.87% |
| 2021-12-31 | $641.29 Million | +6.45% |
| 2020-12-31 | $602.40 Million | -- |