WealthNavi Inc
WealthNavi Inc. develops and delivers an online asset management and risk management platform. Its cloud-based platform provides robo advisory services that enable users to locate diversified investments internationally. WealthNavi Inc. has a business alliance agreement with the Chiba Bank, Ltd. to jointly offer an automated managed account service for the customers of the Chiba Bank. The company… Read more
WealthNavi Inc (WNAVF) - Total Assets
Latest total assets as of June 2024: $48.77 Billion USD
Based on the latest financial reports, WealthNavi Inc (WNAVF) holds total assets worth $48.77 Billion USD as of June 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.
WealthNavi Inc - Total Assets Trend (2018–2023)
This chart illustrates how WealthNavi Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
WealthNavi Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
WealthNavi Inc's total assets of $48.77 Billion consist of 97.2% current assets and 2.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 50.8% |
| Accounts Receivable | $53.19K | 0.0% |
| Inventory | $31.32 Billion | 97.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $197.66 Million | 0.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how WealthNavi 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: WealthNavi Inc's current assets represent 97.2% of total assets in 2023, a decrease from 97.3% in 2018.
- Cash Position: Cash and equivalents constituted 50.8% of total assets in 2023, up from 19.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 97.2% of total assets.
WealthNavi Inc Competitors by Total Assets
Key competitors of WealthNavi Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
WealthNavi 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 - WealthNavi Inc generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, WealthNavi Inc generates $ 1.16 in net profit.
WealthNavi 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 | 2.52 | 1.86 | 1.85 |
| Quick Ratio | 0.00 | 1.86 | 1.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $28.77 Billion | $ 12.59 Billion | $ 7.19 Billion |
WealthNavi Inc - Advanced Valuation Insights
This section examines the relationship between WealthNavi 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 | 3.71 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 24.2% |
| Total Assets | $32.24 Billion |
| Market Capitalization | $611.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values WealthNavi Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: WealthNavi Inc's assets grew by 24.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for WealthNavi Inc (2018–2023)
The table below shows the annual total assets of WealthNavi Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $32.24 Billion | +24.16% |
| 2022-12-31 | $25.96 Billion | -5.16% |
| 2021-12-31 | $27.38 Billion | +78.03% |
| 2020-12-31 | $15.38 Billion | +13061.91% |
| 2019-12-31 | $116.84 Million | -98.46% |
| 2018-12-31 | $7.59 Billion | -- |