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. Also see African Agriculture Holdings Inc. operating cash flow efficiency for how efficiently the company converts equity into cash flow.
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 today's stock price for African Agriculture Holdings Inc. for real-time trading data and today's change.
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. Explore African Agriculture Holdings Inc. working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
| 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.
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 |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
China | CN¥7.16 Billion |
|
Zhongnongfa Seed Industry Group Co Ltd
SHG:600313
|
China | CN¥5.60 Billion |
|
Hunan New Wellful Co Ltd
SHG:600975
|
China | CN¥11.94 Billion |
|
Winall Hi tech Seed
SHE:300087
|
China | CN¥6.69 Billion |
|
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967
|
China | CN¥1.60 Billion |
|
Wanxiang Doneed Co Ltd
SHG:600371
|
China | CN¥725.38 Million |
|
Dahu Aquaculture Co Ltd
SHG:600257
|
China | CN¥1.83 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 | $4.97 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.