Future Farm Technologies Inc
Future Farm Technologies Inc., together with its subsidiaries, engages in indoor plant growth technology; and production of wholesale and retail cannabis products in North America. The company manufactures and distributes LED lighting bulbs, fixtures, lamps, retrofits, and other products for the commercial and residential applications through its Website, LEDCanada.com; and packaging for LED ligh… Read more
Future Farm Technologies Inc (FFRMF) - Total Assets
Latest total assets as of November 2019: $7.57 Million USD
Based on the latest financial reports, Future Farm Technologies Inc (FFRMF) holds total assets worth $7.57 Million USD as of November 2019.
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.
Future Farm Technologies Inc - Total Assets Trend (2014–2019)
This chart illustrates how Future Farm Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Future Farm Technologies Inc - Asset Composition Analysis
Current Asset Composition (February 2019)
Future Farm Technologies Inc's total assets of $7.57 Million consist of 33.4% current assets and 66.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $568.47K | 7.5% |
| Inventory | $1.92 Million | 25.2% |
| Property, Plant & Equipment | $4.12 Million | 54.1% |
| Intangible Assets | $587.82K | 7.7% |
| Goodwill | $297.28K | 3.9% |
Asset Composition Trend (2014–2019)
This chart illustrates how Future Farm Technologies 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: Future Farm Technologies Inc's current assets represent 33.4% of total assets in 2019, a decrease from 53.5% in 2014.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2019, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 54.1% of total assets.
Future Farm Technologies Inc Competitors by Total Assets
Key competitors of Future Farm Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Future Farm Technologies 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
Lower asset utilization - Future Farm Technologies Inc generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Future Farm Technologies Inc is currently not profitable relative to its asset base.
Future Farm Technologies 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 | 0.27 | 0.30 | 4.07 |
| Quick Ratio | 0.07 | 0.28 | 4.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.10 Million | $ -6.10 Million | $ 2.12 Million |
Future Farm Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Future Farm Technologies 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 | 0.00 |
| Asset Growth Rate (YoY) | -10.6% |
| Total Assets | $7.61 Million |
| Market Capitalization | $1.71K USD |
Valuation Analysis
Below Book Valuation: The market values Future Farm Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Future Farm Technologies Inc's assets decreased by 10.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Future Farm Technologies Inc (2014–2019)
The table below shows the annual total assets of Future Farm Technologies Inc from 2014 to 2019.
| Year | Total Assets | Change |
|---|---|---|
| 2019-02-28 | $7.61 Million | -10.60% |
| 2018-02-28 | $8.52 Million | +60.16% |
| 2017-02-28 | $5.32 Million | +3664.61% |
| 2016-02-29 | $141.26K | -49.87% |
| 2015-02-28 | $281.78K | +7386.08% |
| 2014-02-28 | $3.76K | -- |