Savi Financial Corporation Inc
Savi Financial Corporation, Inc. operates as a financial holding company for SaviBank that provides various commercial banking products and services for small and middle-market businesses, and individuals in and around Skagit, Island, and Whatcom counties in the United States. It offers checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement … Read more
Savi Financial Corporation Inc (SVVB) - Total Assets
Latest total assets as of December 2024: $634.54 Million USD
Based on the latest financial reports, Savi Financial Corporation Inc (SVVB) holds total assets worth $634.54 Million USD as of December 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.
Savi Financial Corporation Inc - Total Assets Trend (2013–2024)
This chart illustrates how Savi Financial Corporation Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Savi Financial Corporation Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Savi Financial Corporation Inc's total assets of $634.54 Million consist of 8.1% current assets and 91.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.7% |
| Accounts Receivable | $2.05 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.00 Million | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Savi Financial Corporation 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: Savi Financial Corporation Inc's current assets represent 8.1% of total assets in 2024, a decrease from 12.9% in 2013.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, down from 12.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Savi Financial Corporation Inc Competitors by Total Assets
Key competitors of Savi Financial Corporation Inc 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 |
Savi Financial Corporation 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 - Savi Financial Corporation Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Savi Financial Corporation Inc is currently not profitable relative to its asset base.
Savi Financial Corporation 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 | 0.10 | 0.13 | 16.15 |
| Quick Ratio | 0.10 | 0.13 | 15.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-476.74 Million | $ -238.93 Million | $ 19.50 Million |
Savi Financial Corporation Inc - Advanced Valuation Insights
This section examines the relationship between Savi Financial Corporation 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 | 1.69 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 6.9% |
| Total Assets | $634.21 Million |
| Market Capitalization | $28.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Savi Financial Corporation Inc's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Savi Financial Corporation Inc's assets grew by 6.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Savi Financial Corporation Inc (2013–2024)
The table below shows the annual total assets of Savi Financial Corporation Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $634.21 Million | +6.86% |
| 2023-12-31 | $593.48 Million | +13.29% |
| 2022-12-31 | $523.84 Million | +9.24% |
| 2021-12-31 | $479.52 Million | +16.96% |
| 2020-12-31 | $409.99 Million | +30.88% |
| 2019-12-31 | $313.26 Million | +16.97% |
| 2018-12-31 | $267.80 Million | +23.20% |
| 2017-12-31 | $217.38 Million | +16.56% |
| 2016-12-31 | $186.49 Million | +33.59% |
| 2015-12-31 | $139.60 Million | +12.86% |
| 2014-12-31 | $123.69 Million | +2.45% |
| 2013-12-31 | $120.73 Million | -- |