Fobi AI Inc (FOBI) - Total Assets
Based on the latest financial reports, Fobi AI Inc (FOBI) holds total assets worth CA$5.23 Million CAD (≈ $3.78 Million USD) as of March 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. See Fobi AI Inc (FOBI) shareholders funds for net asset value and shareholders' equity analysis.
Fobi AI Inc - Total Assets Trend (2018–2023)
This chart illustrates how Fobi AI Inc's total assets have evolved over time, based on quarterly financial data.
Fobi AI Inc - Asset Composition Analysis
Current Asset Composition (June 2023)
Fobi AI Inc's total assets of CA$5.23 Million consist of 10.5% current assets and 89.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.5% |
| Accounts Receivable | CA$203.53K | 4.1% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$2.87 Million | 57.5% |
| Goodwill | CA$1.50 Million | 30.1% |
Asset Composition Trend (2018–2023)
This chart illustrates how Fobi AI 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 Fobi AI Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fobi AI Inc's current assets represent 10.5% of total assets in 2023, a decrease from 39661.4% in 2018.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2023, down from 11.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 87.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 57.5% of total assets.
Fobi AI Inc Competitors by Total Assets
Key competitors of Fobi AI Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NortonLifeLock Inc
F:SYM
|
Germany | €16.05 Billion |
|
Bingo Software Co Ltd
SHG:688227
|
China | CN¥1.97 Billion |
|
Tyro Payments Ltd
AU:TYR
|
Australia | AU$547.56 Million |
|
Beta Systems Software AG
F:SPT6
|
Germany | €83.14 Million |
|
BitNine Co. Ltd.
KQ:357880
|
Korea | ₩34.30 Billion |
|
Adveritas Ltd
AU:AV1
|
Australia | AU$8.05 Million |
|
Hipay Group SA
PA:ALHYP
|
France | €211.29 Million |
|
Keyware Technologies NV
BR:KEYW
|
Belgium | €37.45 Million |
Fobi AI Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 1.02 | 0.44 |
| Quick Ratio | 1.00 | 0.97 | 0.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-7.15K | CA$54.35K | CA$-1.33 Million |
Fobi AI Inc - Advanced Valuation Insights
This section examines the relationship between Fobi AI 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 | 3.44 |
| Latest Market Cap to Assets Ratio | 1.30 |
| Asset Growth Rate (YoY) | -41.7% |
| Total Assets | CA$4.98 Million |
| Market Capitalization | $6.50 Million USD |
Valuation Analysis
Above Book Valuation: The market values Fobi AI Inc's assets above their book value (1.30x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Fobi AI Inc's assets decreased by 41.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fobi AI Inc (2018–2023)
The table below shows the annual total assets of Fobi AI Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | CA$4.98 Million ≈ $3.60 Million |
-41.67% |
| 2022-06-30 | CA$8.54 Million ≈ $6.18 Million |
-26.89% |
| 2021-06-30 | CA$11.68 Million ≈ $8.45 Million |
+602.37% |
| 2020-06-30 | CA$1.66 Million ≈ $1.20 Million |
+4614.36% |
| 2019-06-30 | CA$35.28K ≈ $25.52K |
+417.92% |
| 2018-06-30 | CA$6.81K ≈ $4.93K |
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About Fobi AI Inc
Fobi AI Inc., together with its subsidiaries, operates as a data intelligence technology company that delivers contactless solutions and data intelligence for sports and entertainment, telecom, financial services, hospitality, and retail industries in North America and Europe. It offers embedded engagement mobile wallet pass; platform-as-a-service; consulting services and development services; da… Read more