Sortis Holdings Inc
Sortis Holdings, Inc. intends to focus on investment in the fintech space. It also focuses on its brands in hotel and lodging, coffee, food and beverage, and beauty and wellness industries, as well as provides technology-enabled real estate lending products, private equity strategies, and advisory services. The company was formerly known as Merchants Bancorp and changed its name to Sortis Holding… Read more
Sortis Holdings Inc (SOHI) - Total Assets
Latest total assets as of September 2021: $4.31 Million USD
Based on the latest financial reports, Sortis Holdings Inc (SOHI) holds total assets worth $4.31 Million USD as of September 2021.
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.
Sortis Holdings Inc - Total Assets Trend (2001–2021)
This chart illustrates how Sortis Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sortis Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Sortis Holdings Inc's total assets of $4.31 Million consist of 117.9% current assets and -17.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.2% |
| Accounts Receivable | $13.89 Million | 13.3% |
| Inventory | $1.39 Million | 1.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $67.92K | 0.1% |
| Goodwill | $79.85 Million | 76.6% |
Asset Composition Trend (2001–2021)
This chart illustrates how Sortis Holdings 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: Sortis Holdings Inc's current assets represent 117.9% of total assets in 2021, an increase from 12.4% in 2001.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2021, down from 11.4% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 76.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is goodwill at 76.6% of total assets.
Sortis Holdings Inc Competitors by Total Assets
Key competitors of Sortis Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PennyMac Financial Services Inc
F:1AC
|
Germany | €25.40 Billion |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
India | ₹250.83 Billion |
|
Aavas Financiers Limited
NSE:AAVAS
|
India | ₹194.41 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Atrium Mortgage Investment Corporation
PINK:AMIVF
|
USA | $894.42 Million |
|
Aptus Value Housing Finance India Limited
NSE:APTUS
|
India | ₹123.96 Billion |
|
AVVAA World Health Care Products Inc
PINK:AVVH
|
USA | $243.19K |
|
Bajaj Housing Finance
NSE:BAJAJHFL
|
India | ₹1.16 Trillion |
Sortis Holdings 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 - Sortis Holdings Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Sortis Holdings Inc generates $ 16.72 in net profit.
Sortis Holdings 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 | 6.47 | 1.82 | 0.07 |
| Quick Ratio | 6.47 | 1.82 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.54 Million | $ 5.00K | $ -175.47 Million |
Sortis Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Sortis Holdings 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) | 2862.4% |
| Total Assets | $104.31 Million |
| Market Capitalization | $1.84 USD |
Valuation Analysis
Below Book Valuation: The market values Sortis Holdings Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sortis Holdings Inc's assets grew by 2862.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sortis Holdings Inc (2001–2021)
The table below shows the annual total assets of Sortis Holdings Inc from 2001 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $104.31 Million | +2862.41% |
| 2020-12-31 | $3.52 Million | +182.14% |
| 2019-12-31 | $1.25 Million | -83.48% |
| 2018-12-31 | $7.56 Million | -37.58% |
| 2017-12-31 | $12.11 Million | -91.77% |
| 2016-12-31 | $147.07 Million | -16.18% |
| 2015-12-31 | $175.45 Million | +7.73% |
| 2014-12-31 | $162.85 Million | +93991.09% |
| 2013-12-31 | $173.08K | -99.90% |
| 2012-12-31 | $170.03 Million | -43.07% |
| 2007-12-31 | $298.68 Million | +7.35% |
| 2006-12-31 | $278.22 Million | +10.46% |
| 2005-12-31 | $251.88 Million | +20.38% |
| 2004-12-31 | $209.23 Million | +21.74% |
| 2003-12-31 | $171.86 Million | -46.09% |
| 2002-12-31 | $318.80 Million | +4.56% |
| 2001-12-31 | $304.90 Million | -- |