Forafric Global PLC Ordinary Shares (AFRI) - Total Assets
Based on the latest financial reports, Forafric Global PLC Ordinary Shares (AFRI) holds total assets worth $246.08 Million USD as of March 2025. 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. Check AFRI cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Forafric Global PLC Ordinary Shares - Total Assets Trend (2019–2024)
This chart illustrates how Forafric Global PLC Ordinary Shares's total assets have evolved over time, based on quarterly financial data. Check how high is Forafric Global PLC Ordinary Shares's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Forafric Global PLC Ordinary Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
Forafric Global PLC Ordinary Shares's total assets of $246.08 Million consist of 31.5% current assets and 68.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $26.19 Million | 10.6% |
| Inventory | $15.22 Million | 6.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.40 Million | 1.8% |
| Goodwill | $42.89 Million | 17.4% |
Asset Composition Trend (2019–2024)
This chart illustrates how Forafric Global PLC Ordinary Shares'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 Forafric Global PLC Ordinary Shares (AFRI) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forafric Global PLC Ordinary Shares's current assets represent 31.5% of total assets in 2024, an increase from 30.2% in 2019.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2024, up from 4.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, a decrease from 21.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 17.4% of total assets.
Forafric Global PLC Ordinary Shares Competitors by Total Assets
Key competitors of Forafric Global PLC Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
China | CN¥7.16 Billion |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.14 Billion |
|
SLC Agrícola S.A
SA:SLCE3
|
Brazil | R$21.34 Billion |
|
Inghams Group Ltd
AU:ING
|
Australia | AU$2.26 Billion |
|
Masoval AS
OL:MAS
|
Norway | Nkr4.98 Billion |
|
Far East Holdings Bhd
KLSE:5029
|
Malaysia | RM1.91 Billion |
|
Blumar
SN:BLUMAR
|
Chile | CL$1.04 Billion |
|
Palma Serasih PT
JK:PSGO
|
Indonesia | Rp3.25 Trillion |
Forafric Global PLC Ordinary Shares - 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 | 0.37 | 0.42 | 0.55 |
| Quick Ratio | 0.30 | 0.31 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-129.88 Million | $-141.21 Million | $-66.49 Million |
Forafric Global PLC Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Forafric Global PLC Ordinary Shares'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 | 13.55 |
| Latest Market Cap to Assets Ratio | 1.10 |
| Asset Growth Rate (YoY) | -20.5% |
| Total Assets | $246.08 Million |
| Market Capitalization | $269.55 Million USD |
Valuation Analysis
Above Book Valuation: The market values Forafric Global PLC Ordinary Shares's assets above their book value (1.10x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Forafric Global PLC Ordinary Shares's assets decreased by 20.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forafric Global PLC Ordinary Shares (2019–2024)
The table below shows the annual total assets of Forafric Global PLC Ordinary Shares from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $246.08 Million | -20.48% |
| 2023-12-31 | $309.45 Million | +0.74% |
| 2022-12-31 | $307.16 Million | +2.42% |
| 2021-12-31 | $299.90 Million | +26.15% |
| 2020-12-31 | $237.74 Million | +11.84% |
| 2019-12-31 | $212.58 Million | -- |
About Forafric Global PLC Ordinary Shares
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, and internationally. The company operates through Soft Wheat, Durum Wheat, and Couscous and Pasta segments. It provides wheat flours and semolina; and secondary processing products, such as pasta and couscous. The company operates unde… Read more