4Front Ventures Corp
4Front Ventures Corp. owns and manages licensed cannabis facilities in state-licensed markets in the United States. It engages in the cultivation, manufacturing, distribution, and retail of cannabis and cannabis derived goods in Illinois and Massachusetts, providing integrated supply chain to serve medical and recreational markets. 4Front Ventures Corp. was founded in 2011 and is based in Phoenix… Read more
4Front Ventures Corp (FFNTF) - Total Assets
Latest total assets as of September 2024: $278.08 Million USD
Based on the latest financial reports, 4Front Ventures Corp (FFNTF) holds total assets worth $278.08 Million USD as of September 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.
4Front Ventures Corp - Total Assets Trend (2015–2023)
This chart illustrates how 4Front Ventures Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
4Front Ventures Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
4Front Ventures Corp's total assets of $278.08 Million consist of 12.9% current assets and 87.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $3.68 Million | 1.4% |
| Inventory | $17.09 Million | 6.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $26.79 Million | 10.2% |
| Goodwill | $41.81 Million | 15.8% |
Asset Composition Trend (2015–2023)
This chart illustrates how 4Front Ventures 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: 4Front Ventures Corp's current assets represent 12.9% of total assets in 2023, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2023, down from 5.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 15.8% of total assets.
4Front Ventures Corp Competitors by Total Assets
Key competitors of 4Front Ventures 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 |
4Front Ventures 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 - 4Front Ventures Corp generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - 4Front Ventures Corp is currently not profitable relative to its asset base.
4Front Ventures 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 | 0.34 | 0.34 | 1.68 |
| Quick Ratio | 0.16 | 0.17 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-74.80 Million | $ -64.19 Million | $ 12.89 Million |
4Front Ventures Corp - Advanced Valuation Insights
This section examines the relationship between 4Front Ventures 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 | 3.31 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -23.4% |
| Total Assets | $263.95 Million |
| Market Capitalization | $2.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values 4Front Ventures Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: 4Front Ventures Corp's assets decreased by 23.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 4Front Ventures Corp (2015–2023)
The table below shows the annual total assets of 4Front Ventures Corp from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $263.95 Million | -23.43% |
| 2022-12-31 | $344.73 Million | +34.90% |
| 2021-12-31 | $255.54 Million | +24.80% |
| 2020-12-31 | $204.76 Million | +0.41% |
| 2019-12-31 | $203.92 Million | +226.15% |
| 2018-12-31 | $62.52 Million | +32.75% |
| 2018-04-30 | $47.10 Million | +48.18% |
| 2017-12-31 | $31.78 Million | +332452.05% |
| 2016-12-31 | $9.56K | +15.02% |
| 2015-12-31 | $8.31K | -- |