Cannagistics Inc

PINK:CNGT USA Shell Companies
Market Cap
$29.63K
Market Cap Rank
#43414 Global
#13898 in USA
Share Price
$0.00
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.00
All Time High
$20.00
About

Cannagistics, Inc. develops, markets, and sells OTC, pharmaceutical, nutraceutical, cosmetic, and health and wellness products. Its product portfolio includes Canagel, an anhydrous hydrogel composition and delivery system; Silverpro, a compression fabric; KidzStrips, a thin film children's toothpaste strip; and ImmuniZin, an immune booster, as well as HydroSoil, a novel fertilizer. The company al… Read more

Cannagistics Inc (CNGT) - Total Assets

Latest total assets as of July 2022: $81.60K USD

Based on the latest financial reports, Cannagistics Inc (CNGT) holds total assets worth $81.60K USD as of July 2022.

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.

Cannagistics Inc - Total Assets Trend (2005–2022)

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

Cannagistics Inc - Asset Composition Analysis

Current Asset Composition (July 2022)

Cannagistics Inc's total assets of $81.60K consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 66.7%
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 (2005–2022)

This chart illustrates how Cannagistics 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: Cannagistics Inc's current assets represent 100.0% of total assets in 2022, unchanged from 100.0% in 2005.
  • Cash Position: Cash and equivalents constituted 66.7% of total assets in 2022, down from 100.0% in 2005.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Cannagistics Inc Competitors by Total Assets

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

Cannagistics 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: 0.00 - 39.63

Lower asset utilization - Cannagistics 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

Historical Range: -6614.21% - -539.76%

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

Cannagistics 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 1.36
Quick Ratio 0.01 0.01 0.16
Cash Ratio 0.00 0.00 0.00
Working Capital $-6.62 Million $ -5.65 Million $ 256.27K

Cannagistics Inc - Advanced Valuation Insights

This section examines the relationship between Cannagistics 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 0.57
Asset Growth Rate (YoY) 0.0%
Total Assets $45.01K
Market Capitalization $25.87K USD

Valuation Analysis

Below Book Valuation: The market values Cannagistics Inc's assets below their book value (0.57 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Cannagistics Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Cannagistics Inc (2005–2022)

The table below shows the annual total assets of Cannagistics Inc from 2005 to 2022.

Year Total Assets Change
2022-07-31 $45.01K 0.00%
2021-07-31 $45.01K -23.45%
2020-07-31 $58.79K -91.92%
2019-07-31 $727.92K +205.33%
2018-07-31 $238.40K -81.87%
2017-07-31 $1.31 Million 0.00%
2016-07-31 $1.31 Million +2529.95%
2015-07-31 $50.00K 0.00%
2014-07-31 $50.00K +42.10%
2008-07-31 $35.19K -69.25%
2007-07-31 $114.42K +87.86%
2006-07-31 $60.91K +292.89%
2005-07-31 $15.50K --