Avant Brands Inc
Avant Brands Inc. cultivates, produces, markets, and sells cannabis products in Canada. The company offers recreational cannabis products under the BLK MKT, Tenzo, Cognoscente, Treehugger, Pristine, and Flowr brands. It also provides medical cannabis products under the GreenTec brand. The company distributes cannabis through medical and recreational sales channels, as well as an e-commerce websit… Read more
Avant Brands Inc (AVTBF) - Total Assets
Latest total assets as of May 2025: $52.34 Million USD
Based on the latest financial reports, Avant Brands Inc (AVTBF) holds total assets worth $52.34 Million USD as of May 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.
Avant Brands Inc - Total Assets Trend (2017–2024)
This chart illustrates how Avant Brands Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avant Brands Inc - Asset Composition Analysis
Current Asset Composition (November 2024)
Avant Brands Inc's total assets of $52.34 Million consist of 44.1% current assets and 55.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.9% |
| Accounts Receivable | $6.75 Million | 11.3% |
| Inventory | $16.69 Million | 28.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.42 Million | 2.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Avant Brands 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: Avant Brands Inc's current assets represent 44.1% of total assets in 2024, a decrease from 1418.2% in 2017.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2024, down from 86.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 28.1% of total assets.
Avant Brands Inc Competitors by Total Assets
Key competitors of Avant Brands Inc 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 |
Avant Brands 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 - Avant Brands Inc generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Avant Brands Inc is currently not profitable relative to its asset base.
Avant Brands 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 | 1.68 | 1.72 | 1.01 |
| Quick Ratio | 0.52 | 0.40 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.67 Million | $ 13.07 Million | $ 108.00K |
Avant Brands Inc - Advanced Valuation Insights
This section examines the relationship between Avant Brands 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 | 0.37 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -28.0% |
| Total Assets | $59.47 Million |
| Market Capitalization | $7.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Avant Brands Inc's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Avant Brands Inc's assets decreased by 28.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Avant Brands Inc (2017–2024)
The table below shows the annual total assets of Avant Brands Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $59.47 Million | -27.96% |
| 2023-11-30 | $82.55 Million | +23.15% |
| 2022-11-30 | $67.03 Million | +32.55% |
| 2021-11-30 | $50.57 Million | +23.95% |
| 2020-11-30 | $40.80 Million | -9.96% |
| 2019-11-30 | $45.31 Million | +12.40% |
| 2018-11-30 | $40.32 Million | +22531.27% |
| 2017-11-30 | $178.15K | -- |