Simply Better Brands Corp.
TRUBAR Inc. operates as a consumer products company with diversified assets in the plant-based and wellness consumer product categories in Canada. The company offers protein and nutritious bars under the Tru and TRUBAR brands through online in the U.S. and Canada, as well as through retailers; and skin care products under the No BS brand. The company was formerly known as Simply Better Brands Cor… Read more
Simply Better Brands Corp. (SBBCF) - Total Assets
Latest total assets as of September 2025: $32.67 Million USD
Based on the latest financial reports, Simply Better Brands Corp. (SBBCF) holds total assets worth $32.67 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.
Simply Better Brands Corp. - Total Assets Trend (2019–2024)
This chart illustrates how Simply Better Brands Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Simply Better Brands Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Simply Better Brands Corp.'s total assets of $32.67 Million consist of 84.8% current assets and 15.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 27.5% |
| Accounts Receivable | $10.25 Million | 39.9% |
| Inventory | $3.84 Million | 14.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $20.00K | 0.1% |
| Goodwill | $3.90 Million | 15.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Simply Better Brands 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: Simply Better Brands Corp.'s current assets represent 84.8% of total assets in 2024, a decrease from 96.0% in 2019.
- Cash Position: Cash and equivalents constituted 27.5% of total assets in 2024, down from 28.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 39.9% of total assets.
Simply Better Brands Corp. Competitors by Total Assets
Key competitors of Simply Better Brands Corp. 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 |
Simply Better Brands 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
Strong asset utilization - Simply Better Brands Corp. generates 1.76x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Simply Better Brands Corp. is currently not profitable relative to its asset base.
Simply Better Brands 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 | 1.07 | 1.29 | 0.50 |
| Quick Ratio | 0.57 | 0.81 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.00 Million | $ 2.76 Million | $ -9.77 Million |
Simply Better Brands Corp. - Advanced Valuation Insights
This section examines the relationship between Simply Better Brands 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 | 21.07 |
| Latest Market Cap to Assets Ratio | 2.35 |
| Asset Growth Rate (YoY) | 31.6% |
| Total Assets | $25.71 Million |
| Market Capitalization | $60.46 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Simply Better Brands Corp.'s assets at a significant premium ( 2.35x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Simply Better Brands Corp.'s assets grew by 31.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Simply Better Brands Corp. (2019–2024)
The table below shows the annual total assets of Simply Better Brands Corp. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $25.71 Million | +31.61% |
| 2023-12-31 | $19.54 Million | -46.66% |
| 2022-12-31 | $36.63 Million | +67.99% |
| 2021-12-31 | $21.81 Million | +80.35% |
| 2020-12-31 | $12.09 Million | +225.15% |
| 2019-12-31 | $3.72 Million | -- |