Planet 13 Holdings Inc.
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. It owns, manufactures, and sells cannabis products in the form of gummies and beverages, chocolates, vapes and concentrates, and flowers under the TRENDI, Leaf and Vine, Dreamland, HaHa, and Medizin brand names. The c… Read more
Planet 13 Holdings Inc. (PLNH) - Total Assets
Latest total assets as of September 2025: $158.50 Million USD
Based on the latest financial reports, Planet 13 Holdings Inc. (PLNH) holds total assets worth $158.50 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.
Planet 13 Holdings Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Planet 13 Holdings Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Planet 13 Holdings Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Planet 13 Holdings Inc.'s total assets of $158.50 Million consist of 26.3% current assets and 73.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.3% |
| Accounts Receivable | $1.47 Million | 0.7% |
| Inventory | $22.82 Million | 11.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $18.10 Million | 8.8% |
| Goodwill | $30.66 Million | 14.8% |
Asset Composition Trend (2019–2024)
This chart illustrates how Planet 13 Holdings 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: Planet 13 Holdings Inc.'s current assets represent 26.3% of total assets in 2024, a decrease from 35.8% in 2019.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, down from 20.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 14.8% of total assets.
Planet 13 Holdings Inc. Competitors by Total Assets
Key competitors of Planet 13 Holdings 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 |
Planet 13 Holdings 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 - Planet 13 Holdings Inc. generates 0.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Planet 13 Holdings Inc. is currently not profitable relative to its asset base.
Planet 13 Holdings 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 | 1.70 | 1.37 | 7.18 |
| Quick Ratio | 0.94 | 0.83 | 5.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $18.56 Million | $ 15.56 Million | $ 61.36 Million |
Planet 13 Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between Planet 13 Holdings 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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 36.2% |
| Total Assets | $206.73 Million |
| Market Capitalization | $46.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Planet 13 Holdings Inc.'s assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Planet 13 Holdings Inc.'s assets grew by 36.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Planet 13 Holdings Inc. (2019–2024)
The table below shows the annual total assets of Planet 13 Holdings Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $206.73 Million | +36.24% |
| 2023-12-31 | $151.75 Million | -35.05% |
| 2022-12-31 | $233.63 Million | +7.76% |
| 2021-12-31 | $216.81 Million | +44.54% |
| 2020-12-31 | $150.00 Million | +138.48% |
| 2019-12-31 | $62.90 Million | -- |