22nd Century Group Inc
22nd Century Group, Inc., a tobacco products company, manufactures, distributes, and sells proprietary new reduced nicotine tobacco products in the United States. The company offers reduced nicotine content tobacco and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands, as well as … Read more
22nd Century Group Inc (XXII) - Total Assets
Latest total assets as of September 2025: $32.37 Million USD
Based on the latest financial reports, 22nd Century Group Inc (XXII) holds total assets worth $32.37 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.
22nd Century Group Inc - Total Assets Trend (2006–2024)
This chart illustrates how 22nd Century Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
22nd Century Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
22nd Century Group Inc's total assets of $32.37 Million consist of 53.2% current assets and 46.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.4% |
| Accounts Receivable | $2.20 Million | 10.1% |
| Inventory | $2.02 Million | 9.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.72 Million | 26.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how 22nd Century Group 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: 22nd Century Group Inc's current assets represent 53.2% of total assets in 2024, a decrease from 86.7% in 2006.
- Cash Position: Cash and equivalents constituted 20.4% of total assets in 2024, down from 86.7% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 26.4% of total assets.
22nd Century Group Inc Competitors by Total Assets
Key competitors of 22nd Century Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cartel Blue Inc
PINK:CRTL
|
USA | $1.72 Million |
|
Gold Flora Corp
PINK:GRAMW
|
USA | $209.69 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
Malaysia | RM1.26 Billion |
|
MERAVEST CAP.
DU:AEE1
|
Germany | €70.12 Million |
|
American Cannabis Company Inc
PINK:AMMJ
|
USA | $2.12 Million |
|
British American Tobacco p.l.c.
NYSE:BTI
|
USA | $109.29 Billion |
|
1606 Corp.
PINK:CBDW
|
USA | $14.60K |
|
Charlie's Holdings Inc.
OTCQB:CHUC
|
USA | $10.56 Million |
22nd Century Group 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 - 22nd Century Group Inc generates 0.55x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - 22nd Century Group Inc is currently not profitable relative to its asset base.
22nd Century Group 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 | 2.17 | 1.09 | 3.86 |
| Quick Ratio | 1.90 | 0.93 | 3.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.38 Million | $ 1.32 Million | $ 21.00 Million |
22nd Century Group Inc - Advanced Valuation Insights
This section examines the relationship between 22nd Century Group 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 | 0.11 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -21.2% |
| Total Assets | $21.67 Million |
| Market Capitalization | $1.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values 22nd Century Group Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: 22nd Century Group Inc's assets decreased by 21.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 22nd Century Group Inc (2006–2024)
The table below shows the annual total assets of 22nd Century Group Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $21.67 Million | -21.20% |
| 2023-12-31 | $27.50 Million | -76.01% |
| 2022-12-31 | $114.65 Million | +50.95% |
| 2021-12-31 | $75.95 Million | +46.93% |
| 2020-12-31 | $51.69 Million | -25.03% |
| 2019-12-31 | $68.95 Million | -10.80% |
| 2018-12-31 | $77.30 Million | -3.06% |
| 2017-12-31 | $79.74 Million | +188.47% |
| 2016-12-31 | $27.64 Million | +50.47% |
| 2015-12-31 | $18.37 Million | -16.32% |
| 2014-12-31 | $21.95 Million | +78.68% |
| 2013-12-31 | $12.29 Million | +364.55% |
| 2012-12-31 | $2.64 Million | +10.73% |
| 2011-12-31 | $2.39 Million | +54760.43% |
| 2010-12-31 | $4.35K | +0.46% |
| 2009-12-31 | $4.33K | -63.64% |
| 2008-12-31 | $11.92K | +172.67% |
| 2007-12-31 | $4.37K | -86.53% |
| 2006-12-31 | $32.45K | -- |