Triterras Inc
Triterras, Inc. operates as a fintech company in the United Arab Emirates, Singapore, Hong Kong, Malaysia, and internationally. It operates Kratos, a digital platform for trade finance and physical trading that connects and enables commodity traders and lenders to transact online. The company serves small and medium sized enterprises. Triterras, Inc. was incorporated in 2018 and is headquartered … Read more
Triterras Inc (TRIRF) - Total Assets
Latest total assets as of February 2023: $42.69 Million USD
Based on the latest financial reports, Triterras Inc (TRIRF) holds total assets worth $42.69 Million USD as of February 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.
Triterras Inc - Total Assets Trend (2019–2022)
This chart illustrates how Triterras Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Triterras Inc - Asset Composition Analysis
Current Asset Composition (February 2022)
Triterras Inc's total assets of $42.69 Million consist of 72.0% current assets and 28.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 40.3% |
| Accounts Receivable | $49.28 Million | 28.9% |
| Inventory | $-0.69 | 0.0% |
| Property, Plant & Equipment | $1.93 Million | 1.1% |
| Intangible Assets | $20.74 Million | 12.2% |
| Goodwill | $4.63 Million | 2.7% |
Asset Composition Trend (2019–2022)
This chart illustrates how Triterras 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: Triterras Inc's current assets represent 72.0% of total assets in 2022, a decrease from 99.9% in 2019.
- Cash Position: Cash and equivalents constituted 40.3% of total assets in 2022, up from 0.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 28.9% of total assets.
Triterras Inc Competitors by Total Assets
Key competitors of Triterras 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 |
Triterras 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 - Triterras Inc generates 0.33x 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, Triterras Inc generates $ 19.58 in net profit.
Triterras 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 | 5.75 | 3.32 | 40.57 |
| Quick Ratio | 5.75 | 3.32 | 40.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $25.39 Million | $ 136.88 Million | $ 989.20K |
Triterras Inc - Advanced Valuation Insights
This section examines the relationship between Triterras 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) | -18.0% |
| Total Assets | $170.76 Million |
| Market Capitalization | $19.62K USD |
Valuation Analysis
Below Book Valuation: The market values Triterras Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Triterras Inc's assets decreased by 18.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Triterras Inc (2019–2022)
The table below shows the annual total assets of Triterras Inc from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-02-28 | $170.76 Million | -17.98% |
| 2021-02-28 | $208.18 Million | +981.94% |
| 2020-02-29 | $19.24 Million | +501.14% |
| 2019-02-28 | $3.20 Million | -- |