Zoompass Holdings Inc
Zoompass Holdings, Inc., a software fintech company, develops and acquires software platforms and services. It engages in digital wallet deployment, prepaid card platform, and blockchain and mobile apps deployment activities. The company was formerly known as UVIC. Inc. Zoompass Holdings, Inc. was incorporated in 2013 and is headquartered in Toronto, Canada.
Zoompass Holdings Inc (ZPAS) - Total Assets
Latest total assets as of June 2021: $601.66K USD
Based on the latest financial reports, Zoompass Holdings Inc (ZPAS) holds total assets worth $601.66K USD as of June 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.
Zoompass Holdings Inc - Total Assets Trend (2014–2021)
This chart illustrates how Zoompass Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zoompass Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Zoompass Holdings Inc's total assets of $601.66K consist of 94.2% current assets and 5.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.7% |
| Accounts Receivable | $467.38K | 77.7% |
| 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 (2014–2021)
This chart illustrates how Zoompass Holdings 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: Zoompass Holdings Inc's current assets represent 94.2% of total assets in 2021, an increase from 69.1% in 2014.
- Cash Position: Cash and equivalents constituted 10.7% of total assets in 2021, down from 57.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 77.7% of total assets.
Zoompass Holdings Inc Competitors by Total Assets
Key competitors of Zoompass Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Zoompass Holdings 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 - Zoompass Holdings Inc generates 1.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zoompass Holdings Inc is currently not profitable relative to its asset base.
Zoompass Holdings 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 | 0.21 | 0.27 | 0.02 |
| Quick Ratio | 0.21 | 0.27 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.17 Million | $ -1.03 Million | $ -12.29K |
Zoompass Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Zoompass Holdings 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 | 16.44 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $601.66K |
| Market Capitalization | $9.41K USD |
Valuation Analysis
Below Book Valuation: The market values Zoompass Holdings Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zoompass Holdings Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zoompass Holdings Inc (2014–2021)
The table below shows the annual total assets of Zoompass Holdings Inc from 2014 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $601.66K | 0.00% |
| 2020-12-31 | $601.66K | +1777.84% |
| 2019-12-31 | $32.04K | -99.03% |
| 2018-12-31 | $3.29 Million | 0.00% |
| 2017-12-31 | $3.29 Million | +225203.29% |
| 2016-12-31 | $1.46K | 0.00% |
| 2015-12-31 | $1.46K | -76.27% |
| 2014-12-31 | $6.16K | -- |