HIGH QUALITY FOOD (L24) - Total Assets
Based on the latest financial reports, HIGH QUALITY FOOD (L24) holds total assets worth €23.62 Million EUR (≈ $27.62 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. See shareholders equity of HIGH QUALITY FOOD for net asset value and shareholders' equity analysis.
HIGH QUALITY FOOD - Total Assets Trend (2022–2024)
This chart illustrates how HIGH QUALITY FOOD's total assets have evolved over time, based on quarterly financial data.
HIGH QUALITY FOOD - Asset Composition Analysis
Current Asset Composition (December 2024)
HIGH QUALITY FOOD's total assets of €23.62 Million consist of 83.0% current assets and 17.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.0% |
| Accounts Receivable | €8.42 Million | 35.6% |
| Inventory | €8.77 Million | 37.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €2.37 Million | 10.1% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how HIGH QUALITY FOOD'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 market cap of HIGH QUALITY FOOD.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HIGH QUALITY FOOD's current assets represent 83.0% of total assets in 2024, an increase from 77.8% in 2022.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2024, up from 4.6% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 14.0% in 2022.
- Asset Diversification: The largest asset category is inventory at 37.1% of total assets.
HIGH QUALITY FOOD Competitors by Total Assets
Key competitors of HIGH QUALITY FOOD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Omer-Decugis & Cie
PA:ALODC
|
France | €80.94 Million |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
Australia | AU$3.93 Million |
|
Metcash Ltd
AU:MTS
|
Australia | AU$7.18 Billion |
|
Shenzhen Agricultural Products Co Ltd
SHE:000061
|
China | CN¥23.90 Billion |
|
Greenyard NV
BR:GREEN
|
Belgium | €2.05 Billion |
|
Fountain
BR:FOU
|
Belgium | €17.04 Million |
|
Ceres Global Ag Corp
TO:CRP
|
Canada | CA$295.43 Million |
|
Organto Foods Incorporated
V:OGO
|
Canada | CA$16.27 Million |
HIGH QUALITY FOOD - 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 | 1.75 | 1.95 | - |
| Quick Ratio | 0.97 | 1.07 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €8.38 Million | €9.20 Million | - |
HIGH QUALITY FOOD - Advanced Valuation Insights
This section examines the relationship between HIGH QUALITY FOOD'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 | 0.63 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | €23.62 Million |
| Market Capitalization | $5.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values HIGH QUALITY FOOD's assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: HIGH QUALITY FOOD's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for HIGH QUALITY FOOD (2022–2024)
The table below shows the annual total assets of HIGH QUALITY FOOD from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €23.62 Million ≈ $27.62 Million |
+10.87% |
| 2023-12-31 | €21.31 Million ≈ $24.91 Million |
+20.99% |
| 2022-12-31 | €17.61 Million ≈ $20.59 Million |
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About HIGH QUALITY FOOD
High Quality Food S.p.A. engages in the production, transformation, and distribution of food products in Italy and internationally. It offers meat, cured meat, cheese, fish, shellfish and caviar, fruits, vegetables and herbs, rice and pasta, oils, vinegars and essences, flours, cereals, legumes and yeasts, salts, spices and sugars, mushrooms and truffles, eggs, milk and related derivatives, sweet… Read more