Axis Auto Finance Inc
Axis Auto Finance Inc., a financial technology lender, provides alternative used vehicle financing to consumers. It operates through two segments: Automotive Lending and Equipment Financing. Its Automotive Lending segment originates and services loans and lease grants to help its customer to finance the purchase of motor vehicles. The company's Equipment Financing segment offers equipment financi… Read more
Axis Auto Finance Inc (AXIS) - Total Assets
Latest total assets as of September 2024: CA$96.57 Million CAD
Based on the latest financial reports, Axis Auto Finance Inc (AXIS) holds total assets worth CA$96.57 Million CAD as of September 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.
Axis Auto Finance Inc - Total Assets Trend (2009–2024)
This chart illustrates how Axis Auto Finance Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Axis Auto Finance Inc - Asset Composition Analysis
Current Asset Composition (June 2024)
Axis Auto Finance Inc's total assets of CA$96.57 Million consist of 99.4% current assets and 0.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.8% |
| Accounts Receivable | CA$1.58 Million | 0.9% |
| Inventory | CA$4.29 Million | 2.5% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$161.41K | 0.1% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Axis Auto Finance 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: Axis Auto Finance Inc's current assets represent 99.4% of total assets in 2024, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, down from 70.8% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 2.5% of total assets.
Axis Auto Finance Inc Competitors by Total Assets
Key competitors of Axis Auto Finance Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
Axis Auto Finance 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 - Axis Auto Finance Inc generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Axis Auto Finance Inc is currently not profitable relative to its asset base.
Axis Auto Finance 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 | 1.28 | 1.16 | 1.20 |
| Quick Ratio | 1.24 | 1.13 | 1.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$21.13 Million | CA$ 28.22 Million | CA$ 20.99 Million |
Axis Auto Finance Inc - Advanced Valuation Insights
This section examines the relationship between Axis Auto Finance 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 | 0.20 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -20.8% |
| Total Assets | CA$173.17 Million |
| Market Capitalization | $223.46K USD |
Valuation Analysis
Below Book Valuation: The market values Axis Auto Finance Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Axis Auto Finance Inc's assets decreased by 20.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Axis Auto Finance Inc (2009–2024)
The table below shows the annual total assets of Axis Auto Finance Inc from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | CA$173.17 Million | -20.76% |
| 2023-06-30 | CA$218.55 Million | +16.87% |
| 2022-06-30 | CA$187.00 Million | +19.99% |
| 2021-06-30 | CA$155.84 Million | +1.20% |
| 2020-06-30 | CA$153.99 Million | +1.33% |
| 2019-06-30 | CA$151.96 Million | -5.95% |
| 2018-06-30 | CA$161.58 Million | +566.51% |
| 2017-06-30 | CA$24.24 Million | +27.25% |
| 2016-06-30 | CA$19.05 Million | +11115.04% |
| 2015-06-30 | CA$169.87K | -15.76% |
| 2014-06-30 | CA$201.64K | -10.51% |
| 2013-06-30 | CA$225.32K | -18.33% |
| 2012-06-30 | CA$275.89K | -15.63% |
| 2011-06-30 | CA$327.01K | -16.07% |
| 2010-06-30 | CA$389.61K | +136.03% |
| 2009-06-30 | CA$165.07K | -- |