Happy Belly Food Group Inc.
Happy Belly Food Group Inc. operates as a multi-branded restaurant company that engages in acquiring and scaling emerging food brands across Canada. It operates through Consumer Product Goods and Quick Restaurant Services segments. The company produces and sells breakfast cereal and related food products under the Holy Crap brand; and snack food products under the Lumber Heads brand through retai… Read more
Happy Belly Food Group Inc. (HBFGF) - Total Assets
Latest total assets as of September 2025: $15.52 Million USD
Based on the latest financial reports, Happy Belly Food Group Inc. (HBFGF) holds total assets worth $15.52 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.
Happy Belly Food Group Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Happy Belly Food Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Happy Belly Food Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Happy Belly Food Group Inc.'s total assets of $15.52 Million consist of 50.5% current assets and 49.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 37.3% |
| Accounts Receivable | $641.16K | 6.9% |
| Inventory | $302.54K | 3.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $413.61K | 4.4% |
| Goodwill | $1.06 Million | 11.3% |
Asset Composition Trend (2020–2024)
This chart illustrates how Happy Belly Food 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: Happy Belly Food Group Inc.'s current assets represent 50.5% of total assets in 2024, a decrease from 90.9% in 2020.
- Cash Position: Cash and equivalents constituted 37.3% of total assets in 2024, down from 78.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 3.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 11.3% of total assets.
Happy Belly Food Group Inc. Competitors by Total Assets
Key competitors of Happy Belly Food Group 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 |
Happy Belly Food 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
Strong asset utilization - Happy Belly Food Group Inc. generates 0.97x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Happy Belly Food Group Inc. is currently not profitable relative to its asset base.
Happy Belly Food 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 | 1.85 | 3.53 | 1.94 |
| Quick Ratio | 1.66 | 3.32 | 1.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.81 Million | $ 3.59 Million | $ 894.42K |
Happy Belly Food Group Inc. - Advanced Valuation Insights
This section examines the relationship between Happy Belly Food 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 | 91.00 |
| Latest Market Cap to Assets Ratio | 10.24 |
| Asset Growth Rate (YoY) | 59.6% |
| Total Assets | $9.34 Million |
| Market Capitalization | $95.65 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Happy Belly Food Group Inc.'s assets at a significant premium ( 10.24x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Happy Belly Food Group Inc.'s assets grew by 59.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Happy Belly Food Group Inc. (2020–2024)
The table below shows the annual total assets of Happy Belly Food Group Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.34 Million | +59.60% |
| 2023-12-31 | $5.85 Million | +36.67% |
| 2022-12-31 | $4.28 Million | +16.77% |
| 2021-12-31 | $3.67 Million | -30.68% |
| 2020-12-31 | $5.29 Million | -- |