Stryve Foods Inc
Stryve Foods, Inc. engages in the manufacture, marketing, and sale of healthy snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands; and human-grade air-dried pet treats marketed under the Two Tails and Primal Paws brand names. It also produces charcuterie slabs,… Read more
Stryve Foods Inc (SNAX) - Total Assets
Latest total assets as of September 2024: $31.46 Million USD
Based on the latest financial reports, Stryve Foods Inc (SNAX) holds total assets worth $31.46 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.
Stryve Foods Inc - Total Assets Trend (2016–2023)
This chart illustrates how Stryve Foods Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Stryve Foods Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Stryve Foods Inc's total assets of $31.46 Million consist of 25.6% current assets and 74.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $2.09 Million | 6.4% |
| Inventory | $5.20 Million | 15.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.12 Million | 12.6% |
| Goodwill | $8.45 Million | 25.8% |
Asset Composition Trend (2016–2023)
This chart illustrates how Stryve Foods 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: Stryve Foods Inc's current assets represent 25.6% of total assets in 2023, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2023, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 25.8% of total assets.
Stryve Foods Inc Competitors by Total Assets
Key competitors of Stryve Foods Inc 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 |
Stryve Foods 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
Moderate asset utilization - Stryve Foods Inc generates 0.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Stryve Foods Inc is currently not profitable relative to its asset base.
Stryve Foods 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 | 0.38 | 0.76 | 63.01 |
| Quick Ratio | 0.17 | 0.31 | 63.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-14.28 Million | $ -3.25 Million | $ 354.88K |
Stryve Foods Inc - Advanced Valuation Insights
This section examines the relationship between Stryve Foods 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 | 0.82 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -17.3% |
| Total Assets | $32.71 Million |
| Market Capitalization | $927.78K USD |
Valuation Analysis
Below Book Valuation: The market values Stryve Foods Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Stryve Foods Inc's assets decreased by 17.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Stryve Foods Inc (2016–2023)
The table below shows the annual total assets of Stryve Foods Inc from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $32.71 Million | -17.31% |
| 2022-12-31 | $39.56 Million | +7.57% |
| 2021-12-31 | $36.78 Million | +40.17% |
| 2020-12-31 | $26.24 Million | -76.26% |
| 2019-12-31 | $110.51 Million | +70614.46% |
| 2018-12-31 | $156.28K | +336.05% |
| 2017-12-31 | $35.84K | 0.00% |
| 2016-12-31 | $35.84K | -- |