Above Food Ingredients Inc. Common Stock
Above Food Ingredients Inc., a regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. It operates through two segments: Disruptive Agriculture and Rudimentary Ingredients, and Consumer Packaged Goods. The Disruptive Agriculture and Rudimentary Ingredients segment engages in the provisi… Read more
Above Food Ingredients Inc. Common Stock (ABVE) - Total Assets
Latest total assets as of July 2024: $112.35 Million USD
Based on the latest financial reports, Above Food Ingredients Inc. Common Stock (ABVE) holds total assets worth $112.35 Million USD as of July 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.
Above Food Ingredients Inc. Common Stock - Total Assets Trend (2021–2024)
This chart illustrates how Above Food Ingredients Inc. Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Above Food Ingredients Inc. Common Stock - Asset Composition Analysis
Current Asset Composition (January 2024)
Above Food Ingredients Inc. Common Stock's total assets of $112.35 Million consist of 47.6% current assets and 52.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $24.70 Million | 17.2% |
| Inventory | $26.01 Million | 18.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.45 Million | 1.7% |
| Goodwill | $871.17K | 0.6% |
Asset Composition Trend (2021–2024)
This chart illustrates how Above Food Ingredients Inc. Common Stock'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: Above Food Ingredients Inc. Common Stock's current assets represent 47.6% of total assets in 2024, an increase from 15.7% in 2021.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 15.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 18.1% of total assets.
Above Food Ingredients Inc. Common Stock Competitors by Total Assets
Key competitors of Above Food Ingredients Inc. Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Above Food Ingredients Inc. Common Stock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Above Food Ingredients Inc. Common Stock generates 2.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Above Food Ingredients Inc. Common Stock is currently not profitable relative to its asset base.
Above Food Ingredients Inc. Common Stock - 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 | 0.23 | 0.02 | 3.06 |
| Quick Ratio | 0.18 | -7.48 | 3.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-127.76 Million | $ -3.40 Million | $ 534.48K |
Above Food Ingredients Inc. Common Stock - Advanced Valuation Insights
This section examines the relationship between Above Food Ingredients Inc. Common Stock'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 | 0.13 |
| Asset Growth Rate (YoY) | 373.0% |
| Total Assets | $143.89 Million |
| Market Capitalization | $18.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Above Food Ingredients Inc. Common Stock's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Above Food Ingredients Inc. Common Stock's assets grew by 373.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Above Food Ingredients Inc. Common Stock (2021–2024)
The table below shows the annual total assets of Above Food Ingredients Inc. Common Stock from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-01-31 | $143.89 Million | +373.02% |
| 2023-01-31 | $30.42 Million | -84.83% |
| 2022-01-31 | $200.51 Million | +74798.89% |
| 2021-01-31 | $267.71K | -- |