Zovio Inc
Zovio Inc operates as an education technology services company in the United States. It partners with higher education institutions and employers to deliver various personalized solutions to help learners and leaders in achieving their aspirations. The company offers technology and academic services primarily relate to the educational infrastructure, including online course delivery and managemen… Read more
Zovio Inc (ZVOI) - Total Assets
Latest total assets as of September 2022: $58.56 Million USD
Based on the latest financial reports, Zovio Inc (ZVOI) holds total assets worth $58.56 Million USD as of September 2022.
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.
Zovio Inc - Total Assets Trend (2007–2021)
This chart illustrates how Zovio Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zovio Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Zovio Inc's total assets of $58.56 Million consist of 41.3% current assets and 58.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.0% |
| Accounts Receivable | $10.13 Million | 6.8% |
| Inventory | $15.94 Million | 10.7% |
| Property, Plant & Equipment | $55.26 Million | 37.1% |
| Intangible Assets | $5.14 Million | 3.5% |
| Goodwill | $23.18 Million | 15.6% |
Asset Composition Trend (2007–2021)
This chart illustrates how Zovio 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: Zovio Inc's current assets represent 41.3% of total assets in 2021, a decrease from 58.9% in 2007.
- Cash Position: Cash and equivalents constituted 19.0% of total assets in 2021, up from 18.8% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 4.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.1% of total assets.
Zovio Inc Competitors by Total Assets
Key competitors of Zovio Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
China | CN¥4.23 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
China | CN¥5.98 Billion |
|
Eduspec Holdings Bhd
KLSE:0107
|
Malaysia | RM94.93 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
Malaysia | RM117.70 Million |
|
Daekyo
KO:019680
|
Korea | ₩610.25 Billion |
|
Daekyo Co Ltd
KO:019685
|
Korea | ₩610.25 Billion |
|
Peoplelogy Berhad
KLSE:0356
|
Malaysia | RM43.41 Million |
|
JLS Co.Ltd
KQ:040420
|
Korea | ₩103.17 Billion |
Zovio 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 - Zovio Inc generates 1.76x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zovio Inc is currently not profitable relative to its asset base.
Zovio 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 | 0.43 | 0.94 | 1.84 |
| Quick Ratio | 0.27 | 0.69 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-19.65 Million | $ -4.12 Million | $ 117.68 Million |
Zovio Inc - Advanced Valuation Insights
This section examines the relationship between Zovio 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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | $149.03 Million |
| Market Capitalization | $3.21K USD |
Valuation Analysis
Below Book Valuation: The market values Zovio Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zovio Inc's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zovio Inc (2007–2021)
The table below shows the annual total assets of Zovio Inc from 2007 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $149.03 Million | -7.61% |
| 2020-12-31 | $161.31 Million | -35.51% |
| 2019-12-31 | $250.14 Million | -7.18% |
| 2018-12-31 | $269.49 Million | -6.28% |
| 2017-12-31 | $287.54 Million | -37.95% |
| 2016-12-31 | $463.38 Million | -8.56% |
| 2015-12-31 | $506.77 Million | -9.20% |
| 2014-12-31 | $558.10 Million | -2.77% |
| 2013-12-31 | $573.98 Million | -24.01% |
| 2012-12-31 | $755.33 Million | +23.09% |
| 2011-12-31 | $613.64 Million | +30.22% |
| 2010-12-31 | $471.23 Million | +59.61% |
| 2009-12-31 | $295.23 Million | +128.43% |
| 2008-12-31 | $129.25 Million | +230.92% |
| 2007-12-31 | $39.06 Million | -- |