HIGH QUALITY FOOD Total Assets
HIGH QUALITY FOOD 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. Also see HIGH QUALITY FOOD stock valuation for the company's overall valuation and market capitalisation.
Total Assets of HIGH QUALITY FOOD (2022–2024)
Total assets of HIGH QUALITY FOOD from 2022 to 2024. This chart illustrates how HIGH QUALITY FOOD's total assets have evolved over time, based on quarterly financial data. See current stock price of HIGH QUALITY FOOD for real-time trading data and today's change.
HIGH QUALITY FOOD - Asset Composition Analysis
HIGH QUALITY FOOD Total Assets Breakdown (December 2024)
HIGH QUALITY FOOD total assets breakdown as of 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. Explore HIGH QUALITY FOOD 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: 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 |
|---|---|---|
|
Metcash Ltd
AU:MTS
|
Australia | AU$7.18 Billion |
|
Hyundai Green Food Co Ltd
KO:005440
|
Korea | ₩10.55 Trillion |
|
Zhe Jiang Dong Ri Ltd Co
SHG:600113
|
China | CN¥3.49 Billion |
|
Fountain
BR:FOU
|
Belgium | €17.62 Million |
|
Ceres Global Ag Corp
TO:CRP
|
Canada | CA$295.43 Million |
|
Organto Foods Incorporated
V:OGO
|
Canada | CA$16.27 Million |
|
Colabor Group Inc.
TO:GCL
|
Canada | CA$351.44 Million |
|
Century Global Commodities Corp
TO:CNT
|
Canada | CA$20.57 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