African Agriculture Holdings Inc. (AAGR) - Total Assets
Based on the latest financial reports, African Agriculture Holdings Inc. (AAGR) holds total assets worth $17.41 Million USD as of March 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. Explore African Agriculture Holdings Inc. debt service capacity to assess how comfortably operating cash covers total debt obligations.
African Agriculture Holdings Inc. - Total Assets Trend (2021–2023)
This chart illustrates how African Agriculture Holdings Inc.'s total assets have evolved over time, based on quarterly financial data. See African Agriculture Holdings Inc. net assets for net asset value and shareholders' equity analysis.
African Agriculture Holdings Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
African Agriculture Holdings Inc.'s total assets of $17.41 Million consist of 28.3% current assets and 71.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.2% |
| Accounts Receivable | $1.07 Million | 5.9% |
| Inventory | $1.33 Million | 7.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.43 Million | 24.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how African Agriculture Holdings 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 African Agriculture Holdings Inc. market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: African Agriculture Holdings Inc.'s current assets represent 28.3% of total assets in 2023, an increase from 9.2% in 2021.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2023, up from 0.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, a decrease from 60.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 24.1% of total assets.
African Agriculture Holdings Inc. Competitors by Total Assets
Key competitors of African Agriculture Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
China | CN¥15.35 Billion |
|
FAP Agri Tbk PT
JK:FAPA
|
Indonesia | Rp10.34 Trillion |
|
Hunan New Wellful Co Ltd
SHG:600975
|
China | CN¥11.94 Billion |
|
Far East Holdings Bhd
KLSE:5029
|
Malaysia | RM1.91 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
|
Jiangsu Hualv Biological Technology Co.Ltd.
SHE:300970
|
China | CN¥2.55 Billion |
|
IMC SA
WAR:IMC
|
Poland | zł351.15 Million |
|
Shandong Teamgene Technology Co. Ltd. A
SHG:603151
|
China | CN¥2.92 Billion |
African Agriculture Holdings 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 | 0.11 | 0.13 | 8.82 |
| Quick Ratio | 0.10 | 0.10 | 8.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-28.96 Million | $-9.76 Million | $1.68 Million |
African Agriculture Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between African Agriculture Holdings 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 | 0.00 |
| Asset Growth Rate (YoY) | 69.0% |
| Total Assets | $18.38 Million |
| Market Capitalization | $4.77 USD |
Valuation Analysis
Below Book Valuation: The market values African Agriculture Holdings Inc.'s assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: African Agriculture Holdings Inc.'s assets grew by 69.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for African Agriculture Holdings Inc. (2021–2023)
The table below shows the annual total assets of African Agriculture Holdings Inc. from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $18.38 Million | +68.97% |
| 2022-12-31 | $10.88 Million | +42.21% |
| 2021-12-31 | $7.65 Million | -- |
About African Agriculture Holdings Inc.
African Agriculture Holdings Inc., through its subsidiary Les Fermes de la Teranga SA, develops commercial farming business focusing on the production and sale of alfalfa for cattle feed and nutrition purposes in Africa. The company is based in New York, New York. African Agriculture Holdings Inc. is a subsidiary of Global Commodities & Investments Ltd.