Xsovt Brands Inc
Xsovt Brands, Inc. operates as a footwear designer in the United States. The company engages in the design, comfort, and construction of shoes and slippers for men, women, and children. It sells its products under the Xsovt brand. The company was founded in 2004 and is based in North Las Vegas, Nevada.
Xsovt Brands Inc (XSVT) - Total Assets
Latest total assets as of December 2023: $1.39 Million USD
Based on the latest financial reports, Xsovt Brands Inc (XSVT) holds total assets worth $1.39 Million USD as of December 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.
Xsovt Brands Inc - Total Assets Trend (2007–2023)
This chart illustrates how Xsovt Brands Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xsovt Brands Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Xsovt Brands Inc's total assets of $1.39 Million consist of 10.2% current assets and 89.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $122.00K | 8.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $419.07K | 30.2% |
| Goodwill | $828.22K | 59.6% |
Asset Composition Trend (2007–2023)
This chart illustrates how Xsovt Brands 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: Xsovt Brands Inc's current assets represent 10.2% of total assets in 2023, a decrease from 99.6% in 2007.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2023, down from 99.5% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 89.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 59.6% of total assets.
Xsovt Brands Inc Competitors by Total Assets
Key competitors of Xsovt Brands Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
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|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Xsovt Brands 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
Strong asset utilization - Xsovt Brands Inc generates 1.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Xsovt Brands Inc is currently not profitable relative to its asset base.
Xsovt Brands 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 | 0.04 | 0.00 | 19.63 |
| Quick Ratio | 0.04 | 0.00 | 19.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.80 Million | $ -1.84 Million | $ 78.88K |
Xsovt Brands Inc - Advanced Valuation Insights
This section examines the relationship between Xsovt Brands 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 477111.7% |
| Total Assets | $1.39 Million |
| Market Capitalization | $1.80K USD |
Valuation Analysis
Below Book Valuation: The market values Xsovt Brands Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Xsovt Brands Inc's assets grew by 477111.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Xsovt Brands Inc (2007–2023)
The table below shows the annual total assets of Xsovt Brands Inc from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.39 Million | +477111.68% |
| 2010-12-31 | $291.00 | -69.50% |
| 2009-12-31 | $954.00 | +24.54% |
| 2008-12-31 | $766.00 | -99.08% |
| 2007-12-31 | $83.42K | -- |