Forbidden Foods Ltd Total Assets
Forbidden Foods Ltd total assets. Based on the latest financial reports, Forbidden Foods Ltd (FFF) holds total assets worth AU$5.83 Million AUD (≈ $4.13 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. Also see FFF market cap overview for the company's overall valuation and market capitalisation.
Total Assets of Forbidden Foods Ltd (2016–2023)
Total assets of Forbidden Foods Ltd from 2016 to 2023. This chart illustrates how Forbidden Foods Ltd's total assets have evolved over time, based on quarterly financial data. See Forbidden Foods Ltd stock quote for real-time trading data and today's change.
Forbidden Foods Ltd - Asset Composition Analysis
Forbidden Foods Ltd Total Assets Breakdown (December 2023)
Forbidden Foods Ltd total assets breakdown as of December 2023. Forbidden Foods Ltd's total assets of AU$5.83 Million consist of 41.3% current assets and 58.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 10.5% |
| Accounts Receivable | AU$353.91K | 14.6% |
| Inventory | AU$334.94K | 13.8% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$40.80K | 1.7% |
| Goodwill | AU$1.39 Million | 57.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how Forbidden Foods Ltd'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 Forbidden Foods Ltd short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forbidden Foods Ltd's current assets represent 41.3% of total assets in 2023, a decrease from 99.6% in 2016.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2023, down from 12.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 58.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 57.0% of total assets.
Forbidden Foods Ltd Competitors by Total Assets
Key competitors of Forbidden Foods Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The a2 Milk Company Ltd
AU:A2M
|
Australia | AU$1.96 Billion |
|
Lotus Health Group Co
SHG:600186
|
China | CN¥3.86 Billion |
|
Cisarua Mountain Dairy Tbk PT
JK:CMRY
|
Indonesia | Rp9.48 Trillion |
|
Xiamen Kingdomway Group Co
SHE:002626
|
China | CN¥8.38 Billion |
|
Aryzta AG
SW:ARYN
|
Switzerland | CHF1.89 Billion |
|
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
|
China | CN¥4.24 Billion |
|
Yan Tai Shuang Ta Food Co Ltd
SHE:002481
|
China | CN¥4.48 Billion |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
China | CN¥2.23 Billion |
Forbidden Foods Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.78 | 1.29 | 0.81 |
| Quick Ratio | 0.43 | 0.79 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-415.80K | AU$255.76K | AU$-553.80K |
Forbidden Foods Ltd - Advanced Valuation Insights
This section examines the relationship between Forbidden Foods Ltd'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 | 1.48 |
| Latest Market Cap to Assets Ratio | 1.66 |
| Asset Growth Rate (YoY) | -8.2% |
| Total Assets | AU$2.43 Million |
| Market Capitalization | $4.05 Million USD |
Valuation Analysis
Above Book Valuation: The market values Forbidden Foods Ltd's assets above their book value (1.66x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Forbidden Foods Ltd's assets decreased by 8.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forbidden Foods Ltd (2016–2023)
The table below shows the annual total assets of Forbidden Foods Ltd from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | AU$2.43 Million ≈ $1.72 Million |
-8.24% |
| 2022-12-31 | AU$2.65 Million ≈ $1.88 Million |
-66.28% |
| 2021-12-31 | AU$7.86 Million ≈ $5.56 Million |
+80.89% |
| 2020-12-31 | AU$4.35 Million ≈ $3.08 Million |
+91.54% |
| 2019-12-31 | AU$2.27 Million ≈ $1.61 Million |
+98.26% |
| 2018-12-31 | AU$1.14 Million ≈ $810.04K |
-24.28% |
| 2017-12-31 | AU$1.51 Million ≈ $1.07 Million |
+52.26% |
| 2016-12-31 | AU$992.95K ≈ $702.58K |
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About Forbidden Foods Ltd
OMG Group Limited, a food company, specializes in the sourcing and development of health focused food products under the Blue Dinosaur brand name worldwide. It serves food and beverage industry operating in retail, food service, food manufacturing, and quick service restaurants. The company sells its products through e-commerce, retailers, and physical stores. The company was formerly known as Fo… Read more