TrustBIX Inc (TBIX) - Total Assets
Based on the latest financial reports, TrustBIX Inc (TBIX) holds total assets worth CA$591.54K CAD (≈ $427.91K USD) 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. Explore TBIX cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
TrustBIX Inc - Total Assets Trend (2017–2025)
This chart illustrates how TrustBIX Inc's total assets have evolved over time, based on quarterly financial data. See TrustBIX Inc shareholders equity for net asset value and shareholders' equity analysis.
TrustBIX Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
TrustBIX Inc's total assets of CA$591.54K consist of 64.2% current assets and 35.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 19.6% |
| Accounts Receivable | CA$84.75K | 14.3% |
| Inventory | CA$13.17K | 2.2% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$8.09K | 1.4% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how TrustBIX 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 TBIX market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TrustBIX Inc's current assets represent 64.2% of total assets in 2025, a decrease from 18458.3% in 2017.
- Cash Position: Cash and equivalents constituted 19.6% of total assets in 2025, down from 3961.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 100.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 14.3% of total assets.
TrustBIX Inc Competitors by Total Assets
Key competitors of TrustBIX Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Auddia Inc
NASDAQ:AUUD
|
USA | $5.20 Million |
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Guotai Epoint Software Co Ltd
SHG:688232
|
China | CN¥6.36 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Socar Inc.
KO:403550
|
Korea | ₩637.24 Billion |
|
ButOne Information Corp XiAn
SHG:600455
|
China | CN¥1.39 Billion |
TrustBIX Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.18 | 0.53 |
| Quick Ratio | 0.13 | 0.16 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.50 Million | CA$-2.16 Million | CA$-435.53K |
TrustBIX Inc - Advanced Valuation Insights
This section examines the relationship between TrustBIX 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 | 238.71 |
| Latest Market Cap to Assets Ratio | 1.70 |
| Asset Growth Rate (YoY) | -35.8% |
| Total Assets | CA$591.54K |
| Market Capitalization | $1.01 Million USD |
Valuation Analysis
Above Book Valuation: The market values TrustBIX Inc's assets above their book value (1.70x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: TrustBIX Inc's assets decreased by 35.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TrustBIX Inc (2017–2025)
The table below shows the annual total assets of TrustBIX Inc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | CA$591.54K ≈ $427.91K |
-35.81% |
| 2024-09-30 | CA$921.59K ≈ $666.66K |
+52.16% |
| 2023-09-30 | CA$605.68K ≈ $438.14K |
-70.86% |
| 2022-09-30 | CA$2.08 Million ≈ $1.50 Million |
+68.15% |
| 2021-09-30 | CA$1.24 Million ≈ $894.29K |
-16.58% |
| 2020-09-30 | CA$1.48 Million ≈ $1.07 Million |
-28.32% |
| 2019-09-30 | CA$2.07 Million ≈ $1.50 Million |
+92113.07% |
| 2018-09-30 | CA$2.24K ≈ $1.62K |
0.00% |
| 2017-09-30 | CA$2.24K ≈ $1.62K |
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About TrustBIX Inc
TrustBIX Inc., together with its subsidiaries, provides information solutions for agri-food industry in Canada, the United States, and internationally. The company offers Gate to Plate Technologies comprising Proprietary Indoor Farms. It also provides ViewTrak Technologies that provides auction and dealer software for livestock sales, as well as pork grading probes; and industrial IoT to track, l… Read more