Agrify Corp
RYTHM, Inc. provides solutions for the cannabis and hemp industry in the United States. It offers consumers hemp-derived tetrahydrocannabinol beverages under the Señorita brand name. The company was formerly known as Agrify Corporation and changed its name to Agrify Corporation RYTHM, Inc. in August 2025. RYTHM, Inc. was incorporated in 2016 and is headquartered in Troy, Michigan.
Agrify Corp (AGFY) - Total Assets
Latest total assets as of September 2025: $115.15 Million USD
Based on the latest financial reports, Agrify Corp (AGFY) holds total assets worth $115.15 Million USD as of September 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.
Agrify Corp - Total Assets Trend (2018–2024)
This chart illustrates how Agrify Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Agrify Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Agrify Corp's total assets of $115.15 Million consist of 64.2% current assets and 35.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $31.17 Million | 57.7% |
| Accounts Receivable | $585.00K | 1.1% |
| Inventory | $1.58 Million | 2.9% |
| Property, Plant & Equipment | $690.00K | 1.3% |
| Intangible Assets | $8.90 Million | 16.5% |
| Goodwill | $9.71 Million | 18.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Agrify Corp'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: Agrify Corp's current assets represent 64.2% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 57.7% of total assets in 2024, up from 3.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 33.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is cash and equivalents at 57.7% of total assets.
Agrify Corp Competitors by Total Assets
Key competitors of Agrify Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Agrify Corp - 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
Lower asset utilization - Agrify Corp generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Agrify Corp is currently not profitable relative to its asset base.
Agrify Corp - 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 | 1.99 | 0.75 | 0.69 |
| Quick Ratio | 1.78 | 0.10 | 0.50 |
| Cash Ratio | 0.00 | 0.01 | 0.00 |
| Working Capital | $21.83 Million | $ -7.00 Million | $ -8.39 Million |
Agrify Corp - Advanced Valuation Insights
This section examines the relationship between Agrify Corp'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 | 4.13 |
| Latest Market Cap to Assets Ratio | 1.08 |
| Asset Growth Rate (YoY) | 19.3% |
| Total Assets | $54.02 Million |
| Market Capitalization | $58.43 Million USD |
Valuation Analysis
Above Book Valuation: The market values Agrify Corp's assets above their book value (1.08 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Agrify Corp's assets grew by 19.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Agrify Corp (2018–2024)
The table below shows the annual total assets of Agrify Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $54.02 Million | +19.33% |
| 2023-12-31 | $45.27 Million | -35.04% |
| 2022-12-31 | $69.69 Million | -61.72% |
| 2021-12-31 | $182.05 Million | +733.59% |
| 2020-12-31 | $21.84 Million | +576.76% |
| 2019-12-31 | $3.23 Million | +46.95% |
| 2018-12-31 | $2.20 Million | -- |