BYND Cannasoft Enterprises Inc.
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BYND Cannasoft Enterprises Inc. (BCAN) - Total Assets
Latest total assets as of September 2024: $34.00 Million USD
Based on the latest financial reports, BYND Cannasoft Enterprises Inc. (BCAN) holds total assets worth $34.00 Million USD as of September 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.
BYND Cannasoft Enterprises Inc. - Total Assets Trend (2018–2023)
This chart illustrates how BYND Cannasoft Enterprises Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BYND Cannasoft Enterprises Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
BYND Cannasoft Enterprises Inc.'s total assets of $34.00 Million consist of 9.1% current assets and 91.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.5% |
| Accounts Receivable | $137.43K | 0.4% |
| Inventory | $-18.34K | -0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $33.46 Million | 90.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how BYND Cannasoft Enterprises 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: BYND Cannasoft Enterprises Inc.'s current assets represent 9.1% of total assets in 2023, a decrease from 81.4% in 2018.
- Cash Position: Cash and equivalents constituted 8.5% of total assets in 2023, down from 33.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 90.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 90.9% of total assets.
BYND Cannasoft Enterprises Inc. Competitors by Total Assets
Key competitors of BYND Cannasoft Enterprises Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
BYND Cannasoft Enterprises Inc. - 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 - BYND Cannasoft Enterprises Inc. generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - BYND Cannasoft Enterprises Inc. is currently not profitable relative to its asset base.
BYND Cannasoft Enterprises 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 | 9.11 | 9.90 | 0.89 |
| Quick Ratio | 9.11 | 9.84 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.46 Million | $ 2.60 Million | $ -94.55K |
BYND Cannasoft Enterprises Inc. - Advanced Valuation Insights
This section examines the relationship between BYND Cannasoft Enterprises 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 | 1.75 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -26.3% |
| Total Assets | $36.80 Million |
| Market Capitalization | $566.35K USD |
Valuation Analysis
Below Book Valuation: The market values BYND Cannasoft Enterprises Inc.'s assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: BYND Cannasoft Enterprises Inc.'s assets decreased by 26.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for BYND Cannasoft Enterprises Inc. (2018–2023)
The table below shows the annual total assets of BYND Cannasoft Enterprises Inc. from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $36.80 Million | -26.25% |
| 2022-12-31 | $49.90 Million | +566.20% |
| 2021-12-31 | $7.49 Million | +722.36% |
| 2020-12-31 | $910.88K | +27.93% |
| 2019-12-31 | $712.00K | -8.22% |
| 2018-12-31 | $775.74K | -- |