CubicFarm Systems Corp
CubicFarm Systems Corp., a local chain agricultural technology company, provides automated on site commercial scale food and livestock feed technologies in Canada. It operates through two segments: Feed Division and Fresh Division. The company engages in the research, development, manufacture, and sale of hydroponic growing systems for fresh produce and livestock feed supply. It also offers cubic… Read more
CubicFarm Systems Corp (CUBXF) - Total Assets
Latest total assets as of September 2024: $13.21 Million USD
Based on the latest financial reports, CubicFarm Systems Corp (CUBXF) holds total assets worth $13.21 Million USD as of September 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.
CubicFarm Systems Corp - Total Assets Trend (2017–2024)
This chart illustrates how CubicFarm Systems Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CubicFarm Systems Corp - Asset Composition Analysis
Current Asset Composition (June 2024)
CubicFarm Systems Corp's total assets of $13.21 Million consist of 81.8% current assets and 18.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $49.54K | 0.4% |
| Inventory | $8.88 Million | 65.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how CubicFarm Systems 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: CubicFarm Systems Corp's current assets represent 81.8% of total assets in 2024, an increase from 55.4% in 2017.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 54.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 65.5% of total assets.
CubicFarm Systems Corp Competitors by Total Assets
Key competitors of CubicFarm Systems Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
CubicFarm Systems 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 - CubicFarm Systems Corp generates 0.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - CubicFarm Systems Corp is currently not profitable relative to its asset base.
CubicFarm Systems 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 | 0.29 | 0.67 | 3.30 |
| Quick Ratio | 0.05 | 0.27 | 3.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-28.01 Million | $ -7.64 Million | $ 7.32 Million |
CubicFarm Systems Corp - Advanced Valuation Insights
This section examines the relationship between CubicFarm Systems 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 | 0.76 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -43.0% |
| Total Assets | $13.56 Million |
| Market Capitalization | $1.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values CubicFarm Systems Corp's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: CubicFarm Systems Corp's assets decreased by 43.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for CubicFarm Systems Corp (2017–2024)
The table below shows the annual total assets of CubicFarm Systems Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $13.56 Million | -42.98% |
| 2023-06-30 | $23.78 Million | -56.51% |
| 2022-06-30 | $54.68 Million | +158.64% |
| 2020-06-30 | $21.14 Million | +16.78% |
| 2019-06-30 | $18.10 Million | +291.16% |
| 2018-06-30 | $4.63 Million | +1901.64% |
| 2017-06-30 | $231.20K | -- |