Solvbl Solutions Inc
Solvbl Solutions Inc. operates as a cybersecurity and data authentication company in Canada. The company offers Q by SoLVBL, a proprietary technology platform; QSeals by SoLVBL, a scalable data verification solution for a digital world; Q-Server by SoLVBL, a secure, scalable, high speed, low latency cloud based server used to generate QSeals; and digital evidence management systems. Solvbl Soluti… Read more
Solvbl Solutions Inc (SOLBF) - Total Assets
Latest total assets as of June 2023: $168.67K USD
Based on the latest financial reports, Solvbl Solutions Inc (SOLBF) holds total assets worth $168.67K 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.
Solvbl Solutions Inc - Total Assets Trend (2018–2022)
This chart illustrates how Solvbl Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solvbl Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Solvbl Solutions Inc's total assets of $168.67K consist of 98.1% current assets and 1.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.3% |
| Accounts Receivable | $222.57K | 47.4% |
| Inventory | $-222.57K | -47.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2022)
This chart illustrates how Solvbl Solutions 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: Solvbl Solutions Inc's current assets represent 98.1% of total assets in 2022, an increase from 97.6% in 2018.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2022, down from 76.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 47.4% of total assets.
Solvbl Solutions Inc Competitors by Total Assets
Key competitors of Solvbl Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Solvbl Solutions 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 - Solvbl Solutions 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
Negative ROA - Solvbl Solutions Inc is currently not profitable relative to its asset base.
Solvbl Solutions 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 | 0.06 | 5.97 | 3.42 |
| Quick Ratio | 0.06 | 5.97 | 3.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.50 Million | $ 1.13 Million | $ 347.68K |
Solvbl Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Solvbl Solutions 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 | 1.42 |
| Latest Market Cap to Assets Ratio | 3.19 |
| Asset Growth Rate (YoY) | -79.2% |
| Total Assets | $469.19K |
| Market Capitalization | $1.49 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Solvbl Solutions Inc's assets at a significant premium ( 3.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Solvbl Solutions Inc's assets decreased by 79.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solvbl Solutions Inc (2018–2022)
The table below shows the annual total assets of Solvbl Solutions Inc from 2018 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $469.19K | -79.22% |
| 2021-12-31 | $2.26 Million | +245.04% |
| 2020-12-31 | $654.26K | +256.79% |
| 2019-12-31 | $183.38K | -63.61% |
| 2018-12-31 | $503.88K | -- |