Must Capital Inc
Must Capital Inc. does not have significant operations. Previously, it was engaged in developing 3D medical imaging software platform for legal, insurance, and medical professions. The company was formerly known as Intrinsic4D Inc. and changed its name to Must Capital Inc. in January 2019. The company is based in Vancouver, Canada.
Must Capital Inc (MUST-H) - Total Assets
Latest total assets as of September 2025: CA$2.57K CAD
Based on the latest financial reports, Must Capital Inc (MUST-H) holds total assets worth CA$2.57K CAD as of September 2025.
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.
Must Capital Inc - Total Assets Trend (2017–2024)
This chart illustrates how Must Capital Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Must Capital Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Must Capital Inc's total assets of CA$2.57K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 100.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Must Capital 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: Must Capital Inc's current assets represent 100.0% of total assets in 2024, an increase from 99.8% in 2017.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2024, up from 31.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Must Capital Inc Competitors by Total Assets
Key competitors of Must Capital Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Must Capital Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Must Capital Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Must Capital Inc is currently not profitable relative to its asset base.
Must Capital Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.03 | 0.26 |
| Quick Ratio | 0.01 | 0.03 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-278.85K | CA$ -190.16K | CA$ -58.38K |
Must Capital Inc - Advanced Valuation Insights
This section examines the relationship between Must Capital 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 | 5.33 |
| Latest Market Cap to Assets Ratio | 57.57 |
| Asset Growth Rate (YoY) | 170.1% |
| Total Assets | CA$2.54K |
| Market Capitalization | $145.99K USD |
Valuation Analysis
Premium Asset Valuation: The market values Must Capital Inc's assets at a significant premium ( 57.57x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Must Capital Inc's assets grew by 170.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Must Capital Inc (2017–2024)
The table below shows the annual total assets of Must Capital Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.54K | +170.07% |
| 2023-12-31 | CA$939.00 | -99.74% |
| 2022-12-31 | CA$360.34K | -30.37% |
| 2021-12-31 | CA$517.51K | +2441.17% |
| 2020-12-31 | CA$20.36K | -72.10% |
| 2019-12-31 | CA$73.00K | +410.19% |
| 2018-12-31 | CA$14.31K | +43.41% |
| 2017-12-31 | CA$9.98K | -- |