Amincor Inc

PINK:AMNCB USA Packaged Foods
Market Cap
$4.84 Million
Market Cap Rank
#47164 Global
#14617 in USA
Share Price
$0.23
Change (1 day)
+0.00%
52-Week Range
$0.23 - $0.23
All Time High
$0.67
About

Amincor, Inc., through its subsidiaries, manufactures and sells bakery food products. It provides various sliced bread, yeast and cake doughnuts, frozen donuts, cookies, and snack products to supermarket "in-store" bakery departments, and food service channels. It also offers water remediation services, such as water testing and evaluation, system engineering and design, system training servicing… Read more

Amincor Inc (AMNCB) - Total Assets

Latest total assets as of March 2023: $7.20K USD

Based on the latest financial reports, Amincor Inc (AMNCB) holds total assets worth $7.20K USD as of March 2023.

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.

Amincor Inc - Total Assets Trend (2010–2022)

This chart illustrates how Amincor Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Amincor Inc - Asset Composition Analysis

Current Asset Composition (December 2022)

Amincor Inc's total assets of $7.20K consist of 98.7% current assets and 1.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 0.0%
Accounts Receivable $185.47K 95.1%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2010–2022)

This chart illustrates how Amincor 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: Amincor Inc's current assets represent 98.7% of total assets in 2022, an increase from 24.1% in 2010.
  • Cash Position: Cash and equivalents constituted 0.0% of total assets in 2022, down from 3.3% in 2010.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 36.0% in 2010.
  • Asset Diversification: The largest asset category is accounts receivable at 95.1% of total assets.

Amincor Inc Competitors by Total Assets

Key competitors of Amincor Inc based on total assets are shown below.

Amincor 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

Historical Range: 0.07 - 1.85

Lower asset utilization - Amincor Inc generates 0.07x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -290.62% - -8.34%

Negative ROA - Amincor Inc is currently not profitable relative to its asset base.

Amincor 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 0.00 0.00 0.60
Quick Ratio 0.00 0.00 0.43
Cash Ratio 0.00 0.00 0.00
Working Capital $-45.49 Million $ -138.73 Million $ -10.70 Million

Amincor Inc - Advanced Valuation Insights

This section examines the relationship between Amincor 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) -1.7%
Total Assets $195.13K
Market Capitalization $2.24K USD

Valuation Analysis

Below Book Valuation: The market values Amincor Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Amincor Inc's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Amincor Inc (2010–2022)

The table below shows the annual total assets of Amincor Inc from 2010 to 2022.

Year Total Assets Change
2022-12-31 $195.13K -1.65%
2021-12-31 $198.40K -95.97%
2020-12-31 $4.93 Million -37.06%
2019-12-31 $7.83 Million -18.64%
2018-12-31 $9.62 Million -30.15%
2017-12-31 $13.77 Million -29.37%
2014-12-31 $19.50 Million -31.82%
2013-12-31 $28.60 Million -19.28%
2012-12-31 $35.43 Million -43.04%
2011-12-31 $62.20 Million -22.65%
2010-12-31 $80.42 Million --