Trulieve Cannabis Corp
Trulieve Cannabis Corp. operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery. It sells flowers, edibles, concentrates, and accessories under the Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, Trekkers, and Roll One b… Read more
Trulieve Cannabis Corp (TCNNF) - Total Assets
Latest total assets as of September 2025: $2.94 Billion USD
Based on the latest financial reports, Trulieve Cannabis Corp (TCNNF) holds total assets worth $2.94 Billion 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.
Trulieve Cannabis Corp - Total Assets Trend (2016–2024)
This chart illustrates how Trulieve Cannabis Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trulieve Cannabis Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Trulieve Cannabis Corp's total assets of $2.94 Billion consist of 21.1% current assets and 78.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.3% |
| Accounts Receivable | $8.29 Million | 0.3% |
| Inventory | $231.37 Million | 8.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $859.48 Million | 29.9% |
| Goodwill | $483.90 Million | 16.9% |
Asset Composition Trend (2016–2024)
This chart illustrates how Trulieve Cannabis 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: Trulieve Cannabis Corp's current assets represent 21.1% of total assets in 2024, a decrease from 1370.8% in 2016.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, down from 37.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 45.0% of total assets, a decrease from 964.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 29.9% of total assets.
Trulieve Cannabis Corp Competitors by Total Assets
Key competitors of Trulieve Cannabis 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 |
Trulieve Cannabis 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
Moderate asset utilization - Trulieve Cannabis Corp generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Trulieve Cannabis Corp is currently not profitable relative to its asset base.
Trulieve Cannabis 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 | 6.09 | 4.41 | 3.49 |
| Quick Ratio | 4.13 | 2.80 | 2.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $632.31 Million | $ 466.32 Million | $ 189.15 Million |
Trulieve Cannabis Corp - Advanced Valuation Insights
This section examines the relationship between Trulieve Cannabis 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 | 1.30 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 5.2% |
| Total Assets | $2.87 Billion |
| Market Capitalization | $524.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Trulieve Cannabis Corp's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Trulieve Cannabis Corp's assets grew by 5.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Trulieve Cannabis Corp (2016–2024)
The table below shows the annual total assets of Trulieve Cannabis Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.87 Billion | +5.17% |
| 2023-12-31 | $2.73 Billion | -19.71% |
| 2022-12-31 | $3.40 Billion | -0.35% |
| 2021-12-31 | $3.41 Billion | +317.94% |
| 2020-12-31 | $816.11 Million | +38.12% |
| 2019-12-31 | $590.89 Million | +264.59% |
| 2018-12-31 | $162.07 Million | +181251.35% |
| 2017-12-31 | $89.37K | -13.82% |
| 2016-12-31 | $103.70K | -- |