CanaQuest Medical Corp
CanaQuest Medical Corp. develops health products and pharmaceuticals that utilize hemps, cannabis, and algae oils. The company was formerly known as Algae Dynamics Corp. and changed its name to CanaQuest Medical Corp. in January 2019. CanaQuest Medical Corp. was founded in 2008 and is based in Mississauga, Canada.
CanaQuest Medical Corp (CANQF) - Total Assets
Latest total assets as of December 2024: $139.88K USD
Based on the latest financial reports, CanaQuest Medical Corp (CANQF) holds total assets worth $139.88K 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.
CanaQuest Medical Corp - Total Assets Trend (2014–2024)
This chart illustrates how CanaQuest Medical Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CanaQuest Medical Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
CanaQuest Medical Corp's total assets of $139.88K consist of 98.8% current assets and 1.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $23.23K | 10.8% |
| 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 (2014–2024)
This chart illustrates how CanaQuest Medical 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: CanaQuest Medical Corp's current assets represent 98.8% of total assets in 2024, an increase from 67.7% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 51.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 10.8% of total assets.
CanaQuest Medical Corp Competitors by Total Assets
Key competitors of CanaQuest Medical Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Biostar Pharmaceuticals Inc
PINK:BSPM
|
USA | $41.43 Million |
|
High Sierra Technologies Inc
PINK:HSTI
|
USA | $10.70K |
|
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 |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
China | CN¥12.75 Billion |
CanaQuest Medical 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
Lower asset utilization - CanaQuest Medical Corp generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - CanaQuest Medical Corp is currently not profitable relative to its asset base.
CanaQuest Medical 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 | 0.15 | 0.26 | 0.05 |
| Quick Ratio | 0.15 | 0.26 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-808.71K | $ -886.01K | $ -765.36K |
CanaQuest Medical Corp - Advanced Valuation Insights
This section examines the relationship between CanaQuest Medical 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 | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 52.4% |
| Total Assets | $214.89K |
| Market Capitalization | $2.12K USD |
Valuation Analysis
Below Book Valuation: The market values CanaQuest Medical Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: CanaQuest Medical Corp's assets grew by 52.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for CanaQuest Medical Corp (2014–2024)
The table below shows the annual total assets of CanaQuest Medical Corp from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $214.89K | +52.39% |
| 2023-03-31 | $141.01K | +102.00% |
| 2022-03-31 | $69.81K | +201.02% |
| 2021-03-31 | $23.19K | -51.47% |
| 2020-03-31 | $47.79K | -56.68% |
| 2018-03-31 | $110.32K | +18.93% |
| 2017-03-31 | $92.76K | -15.09% |
| 2016-03-31 | $109.24K | -23.11% |
| 2015-03-31 | $142.09K | +13.55% |
| 2014-03-31 | $125.13K | -- |