Thinkific Labs Inc (THNC) - Total Assets
Based on the latest financial reports, Thinkific Labs Inc (THNC) holds total assets worth CA$61.66 Million CAD (≈ $44.61 Million USD) as of March 2026. 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. Check THNC total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Thinkific Labs Inc - Total Assets Trend (2019–2025)
This chart illustrates how Thinkific Labs Inc's total assets have evolved over time, based on quarterly financial data. Check Thinkific Labs Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Thinkific Labs Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Thinkific Labs Inc's total assets of CA$61.66 Million consist of 95.0% current assets and 5.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$7.84 Million | 12.5% |
| Accounts Receivable | CA$5.90 Million | 9.4% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$1.93 Million | 3.1% |
| Intangible Assets | CA$180.67K | 0.3% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Thinkific Labs 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. For live market cap, price, and company overview, see Thinkific Labs Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thinkific Labs Inc's current assets represent 95.0% of total assets in 2025, an increase from 82.1% in 2019.
- Cash Position: Cash and equivalents constituted 12.5% of total assets in 2025, down from 64.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is cash and equivalents at 12.5% of total assets.
Thinkific Labs Inc Competitors by Total Assets
Key competitors of Thinkific Labs Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Intellifusion Technologies Co. Ltd. A
SHG:688343
|
China | CN¥5.58 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
USA | $1.71 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.06 Billion |
|
Navinfo Co Ltd
SHE:002405
|
China | CN¥11.74 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
China | CN¥948.32 Million |
|
Anhui Wantong Technology Co Ltd
SHE:002331
|
China | CN¥3.12 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Shoper S.A.
WAR:SHO
|
Poland | zł141.73 Million |
Thinkific Labs 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 | 3.12 | 3.15 | 18.75 |
| Quick Ratio | 3.12 | 3.15 | 18.75 |
| Cash Ratio | 0.00 | 2.76 | 18.19 |
| Working Capital | CA$39.78 Million | CA$39.95 Million | CA$138.13 Million |
Thinkific Labs Inc - Advanced Valuation Insights
This section examines the relationship between Thinkific Labs 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 | 1.87 |
| Latest Market Cap to Assets Ratio | 0.99 |
| Asset Growth Rate (YoY) | 2.1% |
| Total Assets | CA$62.66 Million |
| Market Capitalization | $61.74 Million USD |
Valuation Analysis
Near Book Valuation: The market values Thinkific Labs Inc's assets close to their book value (0.99x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Thinkific Labs Inc's assets grew by 2.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Thinkific Labs Inc (2019–2025)
The table below shows the annual total assets of Thinkific Labs Inc from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$62.66 Million ≈ $45.33 Million |
+2.11% |
| 2024-12-31 | CA$61.37 Million ≈ $44.39 Million |
-37.25% |
| 2023-12-31 | CA$97.79 Million ≈ $70.74 Million |
-5.03% |
| 2022-12-31 | CA$102.97 Million ≈ $74.49 Million |
-22.23% |
| 2021-12-31 | CA$132.40 Million ≈ $95.78 Million |
+923.53% |
| 2020-12-31 | CA$12.94 Million ≈ $9.36 Million |
+126.46% |
| 2019-12-31 | CA$5.71 Million ≈ $4.13 Million |
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About Thinkific Labs Inc
Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally. It provides a learning commerce platform that provides courses, communities, AI and commerce. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.