General Cannabis Corp
Trees Corporation operates as a cannabis retailer and cultivator in the United States. The company operates through Retail and Cultivation segments. The company offers cannabis flower, shake, wax, shatter, live resin, and other products, as well as joints, and vape cartridges and batteries; and gummies, taffy, hard candies, cookies, chocolate bars, and savory snacks. It also provides smoking acce… Read more
General Cannabis Corp (CANN) - Total Assets
Latest total assets as of December 2024: $20.76 Million USD
Based on the latest financial reports, General Cannabis Corp (CANN) holds total assets worth $20.76 Million USD as of December 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.
General Cannabis Corp - Total Assets Trend (2009–2024)
This chart illustrates how General Cannabis Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
General Cannabis Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
General Cannabis Corp's total assets of $20.76 Million consist of 5.8% current assets and 94.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $603.86K | 2.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.14 Million | 5.5% |
| Goodwill | $15.88 Million | 76.5% |
Asset Composition Trend (2009–2024)
This chart illustrates how General 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: General Cannabis Corp's current assets represent 5.8% of total assets in 2024, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 87.4% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 81.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is goodwill at 76.5% of total assets.
General Cannabis Corp Competitors by Total Assets
Key competitors of General 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 |
General 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 - General Cannabis Corp generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - General Cannabis Corp is currently not profitable relative to its asset base.
General 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 | 0.16 | 0.32 | 0.26 |
| Quick Ratio | 0.08 | 0.20 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.13 Million | $ -5.01 Million | $ -6.15 Million |
General Cannabis Corp - Advanced Valuation Insights
This section examines the relationship between General 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 | 16.53 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -10.7% |
| Total Assets | $20.76 Million |
| Market Capitalization | $2.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values General Cannabis Corp's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: General Cannabis Corp's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for General Cannabis Corp (2009–2024)
The table below shows the annual total assets of General Cannabis Corp from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $20.76 Million | -10.68% |
| 2023-12-31 | $23.25 Million | -26.65% |
| 2022-12-31 | $31.69 Million | +43.91% |
| 2021-12-31 | $22.02 Million | +158.54% |
| 2020-12-31 | $8.52 Million | +143.25% |
| 2019-12-31 | $3.50 Million | -67.40% |
| 2018-12-31 | $10.74 Million | +41.27% |
| 2017-12-31 | $7.60 Million | +166.07% |
| 2016-12-31 | $2.86 Million | -22.40% |
| 2015-12-31 | $3.68 Million | +78.16% |
| 2014-12-31 | $2.07 Million | +134.36% |
| 2013-12-31 | $882.00K | +5787.46% |
| 2012-12-31 | $14.98K | -57.17% |
| 2011-12-31 | $34.98K | -10.01% |
| 2010-12-31 | $38.87K | +20.79% |
| 2009-12-31 | $32.18K | -- |