Silvergate Capital Corp
Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts. Its loan products comprise one-to-four fa… Read more
Silvergate Capital Corp (SICPQ) - Total Assets
Latest total assets as of December 2022: $11.36 Billion USD
Based on the latest financial reports, Silvergate Capital Corp (SICPQ) holds total assets worth $11.36 Billion USD as of December 2022.
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.
Silvergate Capital Corp - Total Assets Trend (2016–2022)
This chart illustrates how Silvergate Capital Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Silvergate Capital Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
Silvergate Capital Corp's total assets of $11.36 Billion consist of 40.7% current assets and 59.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | -4.9% |
| Accounts Receivable | $42.94 Million | 0.4% |
| Inventory | $83.00K | 0.0% |
| Property, Plant & Equipment | $3.87 Million | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2022)
This chart illustrates how Silvergate Capital Corp'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: Silvergate Capital Corp's current assets represent 40.7% of total assets in 2022, an increase from 3.9% in 2016.
- Cash Position: Cash and equivalents constituted -4.9% of total assets in 2022, down from -0.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Silvergate Capital Corp Competitors by Total Assets
Key competitors of Silvergate Capital Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Silvergate Capital Corp - 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 - Silvergate Capital Corp generates -0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Silvergate Capital Corp is currently not profitable relative to its asset base.
Silvergate Capital Corp - 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 | 0.57 | 8204.07 | 0.54 |
| Quick Ratio | 0.57 | 8204.07 | 0.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.54 Billion | $ 14.05 Billion | $ -647.92 Million |
Silvergate Capital Corp - Advanced Valuation Insights
This section examines the relationship between Silvergate Capital Corp'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 | 0.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -29.1% |
| Total Assets | $11.36 Billion |
| Market Capitalization | $11.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Silvergate Capital Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Silvergate Capital Corp's assets decreased by 29.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Silvergate Capital Corp (2016–2022)
The table below shows the annual total assets of Silvergate Capital Corp from 2016 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $11.36 Billion | -29.05% |
| 2021-12-31 | $16.01 Billion | +186.29% |
| 2020-12-31 | $5.59 Billion | +162.08% |
| 2019-12-31 | $2.13 Billion | +6.43% |
| 2018-12-31 | $2.00 Billion | +5.90% |
| 2017-12-31 | $1.89 Billion | +92.74% |
| 2016-12-31 | $982.00 Million | -- |