Sparx Technology Inc Total Assets
Sparx Technology Inc total assets. Based on the latest financial reports, Sparx Technology Inc (SPRX) holds total assets worth CA$114.67K CAD (≈ $82.95K USD) as of December 2023. 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. Also see Sparx Technology Inc (SPRX) total market value for the company's overall valuation and market capitalisation.
Total Assets of Sparx Technology Inc (2022–2023)
Total assets of Sparx Technology Inc from 2022 to 2023. This chart illustrates how Sparx Technology Inc's total assets have evolved over time, based on quarterly financial data. See Sparx Technology Inc share price for real-time trading data and today's change.
Sparx Technology Inc - Asset Composition Analysis
Sparx Technology Inc Total Assets Breakdown (June 2023)
Sparx Technology Inc total assets breakdown as of June 2023. Sparx Technology Inc's total assets of CA$114.67K consist of 98.0% current assets and 2.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 17.3% |
| Accounts Receivable | CA$9.63K | 8.1% |
| 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 (2022–2023)
This chart illustrates how Sparx Technology 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. Explore Sparx Technology Inc current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sparx Technology Inc's current assets represent 98.0% of total assets in 2023, a decrease from 99.8% in 2022.
- Cash Position: Cash and equivalents constituted 17.3% of total assets in 2023, down from 74.7% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 8.1% of total assets.
Sparx Technology Inc Competitors by Total Assets
Key competitors of Sparx Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Perfect World Co Ltd
SHE:002624
|
China | CN¥10.83 Billion |
|
Beijing Hualu Baina Film TV
SHE:300291
|
China | CN¥2.99 Billion |
|
Reservoir Media Inc
NASDAQ:RSVR
|
USA | $948.89 Million |
|
Atlanta Braves Holdings, Inc. Series A Common Stock
NASDAQ:BATRA
|
USA | $1.74 Billion |
|
Studio Dragon Corporation
KQ:253450
|
Korea | ₩1.03 Trillion |
|
PARKEN Sport & Entertainment
CO:PARKEN
|
Denmark | Dkr3.95 Billion |
|
Starz Entertainment LLC
NASDAQ:STRZ
|
USA | $1.91 Billion |
|
HIM International Music
TWO:8446
|
Taiwan | NT$2.95 Billion |
Sparx Technology Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.16 | 0.40 | 2.40 |
| Quick Ratio | 0.16 | 0.40 | 2.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-599.31K | CA$-506.33K | CA$1.25 Million |
Sparx Technology Inc - Advanced Valuation Insights
This section examines the relationship between Sparx Technology 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 | - |
| Latest Market Cap to Assets Ratio | 3.06 |
| Asset Growth Rate (YoY) | -90.5% |
| Total Assets | CA$119.64K |
| Market Capitalization | $365.51K USD |
Valuation Analysis
Premium Asset Valuation: The market values Sparx Technology Inc's assets at a significant premium (3.06x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Sparx Technology Inc's assets decreased by 90.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sparx Technology Inc (2022–2023)
The table below shows the annual total assets of Sparx Technology Inc from 2022 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | CA$119.64K ≈ $86.54K |
-90.45% |
| 2022-06-30 | CA$1.25 Million ≈ $906.51K |
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About Sparx Technology Inc
Sparx Technology Inc. engages in the development and distribution of real-time platforms for clients. It also offers broadcast and app integration services that helps news, sports, and entertainment brands to interaction into their programming through a second screen; video on demand services; and Sparx studio platform. Sparx Technology Inc. is based in Vancouver, Canada.