Biomass Secure Power Inc
Biomass Secure Power Inc. engages in the production and supply of torrefied biomass briquettes for use as a substitute for fossil fuels in Canada. The company is based in Chilliwack, Canada.
Biomass Secure Power Inc (BMSPF) - Total Assets
Latest total assets as of March 2024: $128.28K USD
Based on the latest financial reports, Biomass Secure Power Inc (BMSPF) holds total assets worth $128.28K USD as of March 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.
Biomass Secure Power Inc - Total Assets Trend (2004–2023)
This chart illustrates how Biomass Secure Power Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Biomass Secure Power Inc - Asset Composition Analysis
Current Asset Composition (June 2023)
Biomass Secure Power Inc's total assets of $128.28K consist of 21.1% current assets and 78.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $1.80K | 1.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $100.00K | 78.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2023)
This chart illustrates how Biomass Secure Power 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: Biomass Secure Power Inc's current assets represent 21.1% of total assets in 2023, a decrease from 90.5% in 2004.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 13.3% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 78.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 78.9% of total assets.
Biomass Secure Power Inc Competitors by Total Assets
Key competitors of Biomass Secure Power Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungchang Hold
KO:000180
|
Korea | ₩709.18 Billion |
|
Zhongfu Straits Pingtan Development Co Ltd
SHE:000592
|
China | CN¥3.30 Billion |
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663
|
China | CN¥1.47 Billion |
|
Dare Technology Co Ltd
SHE:000910
|
China | CN¥9.75 Billion |
|
Dehua TB New Decoration Material Co Ltd
SHE:002043
|
China | CN¥5.71 Billion |
|
Fujian Jinsen Forestry Co Ltd
SHE:002679
|
China | CN¥1.95 Billion |
|
Sun&L Co Ltd
KO:002820
|
Korea | ₩481.80 Billion |
|
Eagon Ind
KO:008250
|
Korea | ₩409.89 Billion |
Biomass Secure Power 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 - Biomass Secure Power 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 - Biomass Secure Power Inc is currently not profitable relative to its asset base.
Biomass Secure Power 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 | 0.01 | 0.01 | 0.01 |
| Quick Ratio | 0.01 | 0.01 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.21 Million | $ -2.98 Million | $ -2.05 Million |
Biomass Secure Power Inc - Advanced Valuation Insights
This section examines the relationship between Biomass Secure Power 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 | 4.72 |
| Latest Market Cap to Assets Ratio | 1.35 |
| Asset Growth Rate (YoY) | -0.5% |
| Total Assets | $126.81K |
| Market Capitalization | $171.40K USD |
Valuation Analysis
Above Book Valuation: The market values Biomass Secure Power Inc's assets above their book value (1.35 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Biomass Secure Power Inc's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Biomass Secure Power Inc (2004–2023)
The table below shows the annual total assets of Biomass Secure Power Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $126.81K | -0.48% |
| 2022-06-30 | $127.42K | +0.20% |
| 2021-06-30 | $127.17K | +0.65% |
| 2020-06-30 | $126.36K | -0.55% |
| 2019-06-30 | $127.05K | -13.98% |
| 2018-06-30 | $147.69K | +13716.09% |
| 2017-06-30 | $1.07K | -91.98% |
| 2016-06-30 | $13.32K | +96583.60% |
| 2015-06-30 | $13.78 | -89.74% |
| 2014-06-30 | $134.36 | +278.05% |
| 2013-06-30 | $35.54 | -99.94% |
| 2010-06-30 | $63.64K | +0.82% |
| 2009-06-30 | $63.12K | +126148.00% |
| 2008-06-30 | $50.00 | -181.97% |
| 2007-06-30 | $-61.00 | -100.01% |
| 2005-06-30 | $596.77K | +58.73% |
| 2004-06-30 | $375.97K | -- |