Agritek Holdings Inc
Agritek Holdings, Inc. distributes hemp and cannabis products under the Hemp Pops, MD Vapes, Rehab Rx, Higher Society, and California Premiums brands in the United States. Its products include human ingestible, such as tinctures, capsules, and gummies; CBD edibles; topicals; and pet products. The company also offers business services, including operational and compliance consulting, funding and f… Read more
Agritek Holdings Inc (AGTK) - Total Assets
Latest total assets as of December 2020: $741.55K USD
Based on the latest financial reports, Agritek Holdings Inc (AGTK) holds total assets worth $741.55K USD as of December 2020.
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.
Agritek Holdings Inc - Total Assets Trend (1997–2020)
This chart illustrates how Agritek Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Agritek Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Agritek Holdings Inc's total assets of $741.55K consist of 31.1% current assets and 68.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.8% |
| Accounts Receivable | $94.75K | 12.8% |
| Inventory | $-94.75K | -12.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1997–2020)
This chart illustrates how Agritek 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: Agritek Holdings Inc's current assets represent 31.1% of total assets in 2020, a decrease from 60.0% in 1997.
- Cash Position: Cash and equivalents constituted 17.8% of total assets in 2020, up from 0.0% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 12.8% of total assets.
Agritek Holdings Inc Competitors by Total Assets
Key competitors of Agritek Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Agritek 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
Lower asset utilization - Agritek Holdings Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Agritek Holdings Inc is currently not profitable relative to its asset base.
Agritek 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 | 0.04 | 0.04 | 0.32 |
| Quick Ratio | 0.06 | 0.04 | 0.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.36 Million | $ -5.36 Million | $ -1.14 Million |
Agritek Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Agritek 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 | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $741.55K |
| Market Capitalization | $5.39K USD |
Valuation Analysis
Below Book Valuation: The market values Agritek Holdings Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Agritek Holdings Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Agritek Holdings Inc (1997–2020)
The table below shows the annual total assets of Agritek Holdings Inc from 1997 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $741.55K | 0.00% |
| 2019-12-31 | $741.55K | +30.29% |
| 2018-12-31 | $569.17K | -37.83% |
| 2017-12-31 | $915.49K | +371.58% |
| 2016-12-31 | $194.13K | +112.59% |
| 2015-12-31 | $91.32K | -93.90% |
| 2014-12-31 | $1.50 Million | +218.08% |
| 2013-12-31 | $470.63K | +2481.89% |
| 2012-12-31 | $18.23K | -10.16% |
| 2011-12-31 | $20.29K | -91.68% |
| 2010-12-31 | $243.83K | +114.12% |
| 2009-12-31 | $113.87K | +16.20% |
| 2008-12-31 | $98.00K | +8.89% |
| 2007-12-31 | $90.00K | -99.47% |
| 2003-12-31 | $16.91 Million | +1243.34% |
| 2002-12-31 | $1.26 Million | -47.86% |
| 2001-12-31 | $2.41 Million | -78.20% |
| 2000-12-31 | $11.07 Million | +31.82% |
| 1999-12-31 | $8.40 Million | +33.33% |
| 1998-12-31 | $6.30 Million | +1160.00% |
| 1997-12-31 | $500.00K | -- |