1606 Corp.
1606 Corp., an AI chatbot company, engages in building and merchandising chatbots for the cannabidiol industry and public companies. It offers ChatCBDW, a proprietary bot designed to drive sales, educate audiences on products, and provide analytics on customer preferences and behavior, as well as contributing to inventory management. The company was founded in 2019 and is headquartered in Phoenix… Read more
1606 Corp. (CBDW) - Total Assets
Latest total assets as of September 2025: $14.60K USD
Based on the latest financial reports, 1606 Corp. (CBDW) holds total assets worth $14.60K USD as of September 2025.
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.
1606 Corp. - Total Assets Trend (2021–2024)
This chart illustrates how 1606 Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
1606 Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
1606 Corp.'s total assets of $14.60K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.5% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2021–2024)
This chart illustrates how 1606 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: 1606 Corp.'s current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 20.5% of total assets in 2024, down from 23.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
1606 Corp. Competitors by Total Assets
Key competitors of 1606 Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cartel Blue Inc
PINK:CRTL
|
USA | $1.72 Million |
|
Gold Flora Corp
PINK:GRAMW
|
USA | $209.69 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
Malaysia | RM1.26 Billion |
|
MERAVEST CAP.
DU:AEE1
|
Germany | €70.12 Million |
|
American Cannabis Company Inc
PINK:AMMJ
|
USA | $2.12 Million |
|
British American Tobacco p.l.c.
NYSE:BTI
|
USA | $109.29 Billion |
|
Charlie's Holdings Inc.
OTCQB:CHUC
|
USA | $10.56 Million |
|
Eco-Growth Strategies Inc
PINK:ECGS
|
USA | $1.23 Million |
1606 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
Strong asset utilization - 1606 Corp. generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - 1606 Corp. is currently not profitable relative to its asset base.
1606 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 | 0.01 | 0.02 | 0.16 |
| Quick Ratio | 0.01 | 0.02 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.89 Million | $ -2.10 Million | $ -603.85K |
1606 Corp. - Advanced Valuation Insights
This section examines the relationship between 1606 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 | 83.86 |
| Asset Growth Rate (YoY) | -93.2% |
| Total Assets | $10.14K |
| Market Capitalization | $850.32K USD |
Valuation Analysis
Premium Asset Valuation: The market values 1606 Corp.'s assets at a significant premium ( 83.86x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: 1606 Corp.'s assets decreased by 93.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 1606 Corp. (2021–2024)
The table below shows the annual total assets of 1606 Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.14K | -93.16% |
| 2023-12-31 | $148.34K | -36.01% |
| 2022-12-31 | $231.82K | +465.52% |
| 2021-12-31 | $40.99K | -- |