Tix Corp
Tix Corporation, through its subsidiary, operates as an entertainment company in the United States and internationally. The company provides discount ticketing and discount dinner reservations services. It offers discount tickets under short-term, exclusive, and nonexclusive agreements in Las Vegas at a discount of up to 50 percent for same day shows, concerts, attractions, and tours, as well as … Read more
Tix Corp (TIXC) - Total Assets
Latest total assets as of March 2021: $2.86 Million USD
Based on the latest financial reports, Tix Corp (TIXC) holds total assets worth $2.86 Million USD as of March 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.
Tix Corp - Total Assets Trend (2000–2020)
This chart illustrates how Tix Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tix Corp - Asset Composition Analysis
Current Asset Composition (December 2020)
Tix Corp's total assets of $2.86 Million consist of 10.2% current assets and 89.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $2.90 Million | 88.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2020)
This chart illustrates how Tix 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: Tix Corp's current assets represent 10.2% of total assets in 2020, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2020, up from 5.9% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 88.7% of total assets.
Tix Corp Competitors by Total Assets
Key competitors of Tix Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AVP Inc
PINK:AVPI
|
USA | $9.23 Million |
|
Club De Futbol Intercity Sad
MC:CITY
|
Spain | €1.07 Million |
|
Studio Dragon Corporation
KQ:253450
|
Korea | ₩1.13 Trillion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
Tix 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
Moderate asset utilization - Tix Corp generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tix Corp is currently not profitable relative to its asset base.
Tix 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 | 0.08 | 0.70 | 4.00 |
| Quick Ratio | 0.08 | 0.70 | 4.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.73 Million | $ -536.00 | $ 5.23K |
Tix Corp - Advanced Valuation Insights
This section examines the relationship between Tix 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 | 2.57 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -46.9% |
| Total Assets | $3.27 Million |
| Market Capitalization | $1.46K USD |
Valuation Analysis
Below Book Valuation: The market values Tix Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tix Corp's assets decreased by 46.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tix Corp (2000–2020)
The table below shows the annual total assets of Tix Corp from 2000 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $3.27 Million | -46.86% |
| 2019-12-31 | $6.16 Million | -2.32% |
| 2018-12-31 | $6.30 Million | -55.19% |
| 2017-12-31 | $14.07 Million | -34.43% |
| 2016-12-31 | $21.46 Million | -8.32% |
| 2015-12-31 | $23.40 Million | +150.92% |
| 2014-12-31 | $9.33 Million | +15.43% |
| 2013-12-31 | $8.08 Million | -45.53% |
| 2012-12-31 | $14.83 Million | -9.19% |
| 2011-12-31 | $16.34 Million | -13.31% |
| 2010-12-31 | $18.84 Million | -36.26% |
| 2009-12-31 | $29.56 Million | +2.48% |
| 2008-12-31 | $28.85 Million | -47.71% |
| 2007-12-31 | $55.17 Million | +1996.05% |
| 2006-12-31 | $2.63 Million | +152.59% |
| 2005-12-31 | $1.04 Million | +88.09% |
| 2004-12-31 | $554.00K | -33.41% |
| 2003-12-31 | $832.00K | -5.67% |
| 2002-12-31 | $882.00K | -42.20% |
| 2001-12-31 | $1.53 Million | -18.79% |
| 2000-12-31 | $1.88 Million | -- |