Hank Payments Corp (HANK) - Total Assets
Based on the latest financial reports, Hank Payments Corp (HANK) holds total assets worth CA$5.37 Million CAD (≈ $3.88 Million USD) as of December 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. Explore Hank Payments Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.
Hank Payments Corp - Total Assets Trend (2022–2024)
This chart illustrates how Hank Payments Corp's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Hank Payments Corp for net asset value and shareholders' equity analysis.
Hank Payments Corp - Asset Composition Analysis
Current Asset Composition (June 2024)
Hank Payments Corp's total assets of CA$5.37 Million consist of 63.5% current assets and 36.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 14.4% |
| Accounts Receivable | CA$732.98K | 14.7% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$687.62K | 13.7% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Hank Payments Corp'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 Hank Payments Corp (HANK) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hank Payments Corp's current assets represent 63.5% of total assets in 2024, an increase from 59.6% in 2022.
- Cash Position: Cash and equivalents constituted 14.4% of total assets in 2024, down from 21.2% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 9.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 14.7% of total assets.
Hank Payments Corp Competitors by Total Assets
Key competitors of Hank Payments Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Microsoft Corporation
NASDAQ:MSFT
|
USA | $694.23 Billion |
|
Zeta Global Holdings Corp
NYSE:ZETA
|
USA | $1.15 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥11.19 Billion |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
China | CN¥1.75 Billion |
|
Locaweb Serviços de Internet S.A.
SA:LWSA3
|
Brazil | R$3.52 Billion |
|
Automatic Bank Services Ltd
TA:SHVA
|
Israel | ILA284.14 Million |
|
Danal Co. Ltd
KQ:064260
|
Korea | ₩770.29 Billion |
|
Cyan AG
XETRA:CYR
|
Germany | €31.35 Million |
Hank Payments Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.44 | 0.21 | 0.62 |
| Quick Ratio | 0.44 | 0.21 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-5.02 Million | CA$-5.32 Million | CA$-708.28K |
Hank Payments Corp - Advanced Valuation Insights
This section examines the relationship between Hank Payments Corp'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 | - |
| Latest Market Cap to Assets Ratio | 3.15 |
| Asset Growth Rate (YoY) | 19.0% |
| Total Assets | CA$5.00 Million |
| Market Capitalization | $15.76 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Hank Payments Corp's assets at a significant premium (3.15x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Hank Payments Corp's assets grew by 19.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hank Payments Corp (2022–2024)
The table below shows the annual total assets of Hank Payments Corp from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | CA$5.00 Million ≈ $3.62 Million |
+18.96% |
| 2023-06-30 | CA$4.21 Million ≈ $3.04 Million |
+11.23% |
| 2022-06-30 | CA$3.78 Million ≈ $2.74 Million |
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About Hank Payments Corp
Hank Payments Corp. operates a banking-as-a-service (BaaS) platform in Canada and the United States. The company offers payment solutions to enterprises and its consumers in auto, doors, education, equity builder, lenders, and fintechs. The company was formerly known as Nobelium Tech Corp. and changed its name to Hank Payments Corp. in October 2021. Hank Payments Corp. is headquartered in Toronto… Read more