Freedom Holdings Inc
Freedom Holdings, Inc. focuses on acquisition of or business combination with one or more companies or operating businesses. The company was incorporated in 2005 and is based in Chatsworth, California. Freedom Holdings, Inc. is operates as a subsidiary of Medcann Industries, Inc.
Freedom Holdings Inc (FHLD) - Total Assets
Latest total assets as of June 2025: $61.67 Million USD
Based on the latest financial reports, Freedom Holdings Inc (FHLD) holds total assets worth $61.67 Million USD as of June 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.
Freedom Holdings Inc - Total Assets Trend (2008–2024)
This chart illustrates how Freedom Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Freedom Holdings Inc - Asset Composition Analysis
Current Asset Composition (September 2024)
Freedom Holdings Inc's total assets of $61.67 Million consist of 36.6% current assets and 63.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $9.20 Million | 30.4% |
| Inventory | $517.00K | 1.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.60 Million | 5.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Freedom Holdings 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: Freedom Holdings Inc's current assets represent 36.6% of total assets in 2024, an increase from 19.4% in 2008.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 16.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 30.4% of total assets.
Freedom Holdings Inc Competitors by Total Assets
Key competitors of Freedom Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
China | CN¥9.94 Billion |
|
H&R Century Union Corp
SHE:000892
|
China | CN¥1.68 Billion |
|
Shenzhen Topway Video Communication Co Ltd
SHE:002238
|
China | CN¥4.00 Billion |
|
Galaxia SM Inc
KO:011420
|
Korea | ₩89.84 Billion |
|
LG HelloVision Corp
KO:037560
|
Korea | ₩1.26 Trillion |
|
Kt Skylife
KO:053210
|
Korea | ₩989.86 Billion |
|
KMH Co. Ltd
KQ:122450
|
Korea | ₩872.63 Billion |
|
Aniplus Inc
KQ:310200
|
Korea | ₩289.02 Billion |
Freedom Holdings 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 - Freedom Holdings Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Freedom Holdings Inc is currently not profitable relative to its asset base.
Freedom Holdings 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 | 2.38 | 0.01 | 0.23 |
| Quick Ratio | 2.11 | 0.01 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.29 Million | $ -270.66K | $ -1.40 Million |
Freedom Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Freedom Holdings 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 | 0.03 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 5147927.0% |
| Total Assets | $30.27 Million |
| Market Capitalization | $894.13K USD |
Valuation Analysis
Below Book Valuation: The market values Freedom Holdings Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Freedom Holdings Inc's assets grew by 5147927.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Freedom Holdings Inc (2008–2024)
The table below shows the annual total assets of Freedom Holdings Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $30.27 Million | +5147927.04% |
| 2023-09-30 | $588.00 | +232.20% |
| 2022-09-30 | $177.00 | -91.70% |
| 2021-09-30 | $2.13K | +11121.05% |
| 2020-09-30 | $19.00 | -88.20% |
| 2019-09-30 | $161.00 | -99.99% |
| 2011-09-30 | $1.37 Million | -50.09% |
| 2010-09-30 | $2.75 Million | -8.79% |
| 2009-09-30 | $3.01 Million | +42.49% |
| 2008-09-30 | $2.11 Million | -- |