Trustfeed Corp
Trustfeed Corp. operates a review portal challenger with company ratings and consumer reviews under the Trustfeed.com name. It enables businesses to create brand awareness; get endorsements for their products; and anticipate a feedback loop for product improvement. The company was incorporated in 2000 and is based in Los Angeles, California.
Trustfeed Corp (TRFE) - Total Assets
Latest total assets as of September 2024: $19.29 Million USD
Based on the latest financial reports, Trustfeed Corp (TRFE) holds total assets worth $19.29 Million USD as of September 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.
Trustfeed Corp - Total Assets Trend (2007–2023)
This chart illustrates how Trustfeed Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trustfeed Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Trustfeed Corp's total assets of $19.29 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how Trustfeed 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: Trustfeed Corp's current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2023, the same as 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Trustfeed Corp Competitors by Total Assets
Key competitors of Trustfeed Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Trustfeed 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 - Trustfeed Corp 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 - Trustfeed Corp is currently not profitable relative to its asset base.
Trustfeed 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 | 0.16 | 8.65 | 0.00 |
| Quick Ratio | 0.02 | 16.29 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-797.66K | $ 114.06K | $ -306.23K |
Trustfeed Corp - Advanced Valuation Insights
This section examines the relationship between Trustfeed 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 | 0.60 |
| Latest Market Cap to Assets Ratio | 23832.34 |
| Asset Growth Rate (YoY) | -99.9% |
| Total Assets | $244.00 |
| Market Capitalization | $5.82 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Trustfeed Corp's assets at a significant premium ( 23832.34x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Trustfeed Corp's assets decreased by 99.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Trustfeed Corp (2007–2023)
The table below shows the annual total assets of Trustfeed Corp from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $244.00 | -99.91% |
| 2022-12-31 | $261.48K | +3138.99% |
| 2009-12-31 | $8.07K | +177.80% |
| 2008-12-31 | $2.91K | -82.41% |
| 2007-12-31 | $16.52K | -- |