Allied Corp
Allied Corp., a cannabis company, develops, manufactures, and markets hemp derived cannabis products in the United States. The company operates in two segments, Allied Colombia and Allied Corp. It offers hemp-based CBD natural health products, as well as cannabis related products, including beauty and skincare products, and foods and beverages. The company also develops ALID 10 and ALID 11 for th… Read more
Allied Corp (ALID) - Total Assets
Latest total assets as of November 2024: $1.95 Million USD
Based on the latest financial reports, Allied Corp (ALID) holds total assets worth $1.95 Million USD as of November 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.
Allied Corp - Total Assets Trend (2016–2024)
This chart illustrates how Allied Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Allied Corp - Asset Composition Analysis
Current Asset Composition (August 2024)
Allied Corp's total assets of $1.95 Million consist of 33.7% current assets and 66.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.0% |
| Accounts Receivable | $47.95K | 2.3% |
| Inventory | $261.02K | 12.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $30.64K | 1.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Allied 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: Allied Corp's current assets represent 33.7% of total assets in 2024, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2024, down from 100.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 12.3% of total assets.
Allied Corp Competitors by Total Assets
Key competitors of Allied Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
|
USA | $67.26 Billion |
|
Kamada
NASDAQ:KMDA
|
USA | $378.79 Million |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Kotra Industries Bhd
KLSE:0002
|
Malaysia | RM363.90 Million |
Allied 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 - Allied Corp generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Allied Corp is currently not profitable relative to its asset base.
Allied 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 | 0.06 | 0.05 | 0.25 |
| Quick Ratio | 0.03 | 0.02 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.87 Million | $ -8.70 Million | $ -1.25 Million |
Allied Corp - Advanced Valuation Insights
This section examines the relationship between Allied 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 | 52.50 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 2.5% |
| Total Assets | $2.11 Million |
| Market Capitalization | $1.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Allied Corp's assets below their book value (0.68 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Allied Corp's assets grew by 2.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Allied Corp (2016–2024)
The table below shows the annual total assets of Allied Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $2.11 Million | +2.48% |
| 2023-08-31 | $2.06 Million | -64.35% |
| 2022-08-31 | $5.79 Million | +24.94% |
| 2021-08-31 | $4.63 Million | -34.78% |
| 2020-08-31 | $7.10 Million | +6897547.57% |
| 2019-08-31 | $103.00 | -86.38% |
| 2018-08-31 | $756.00 | +400.66% |
| 2017-08-31 | $151.00 | -97.89% |
| 2016-08-31 | $7.16K | -- |