Grounded People Apparel Inc.
Grounded People Apparel Inc. designs, produces, and sells shoes in the United States of America, Canada, and internationally. It offers high-top and low-cut canvas sneakers. The company was formerly known as Grounded Clothing Inc. and changed its name to Grounded People Apparel Inc. in June 2021. Grounded People Apparel Inc. was incorporated in 2020 and is headquartered in Vancouver, Canada.
Grounded People Apparel Inc. (GPAIF) - Total Assets
Latest total assets as of November 2025: $65.47K USD
Based on the latest financial reports, Grounded People Apparel Inc. (GPAIF) holds total assets worth $65.47K USD as of November 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.
Grounded People Apparel Inc. - Total Assets Trend (2022–2025)
This chart illustrates how Grounded People Apparel Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Grounded People Apparel Inc. - Asset Composition Analysis
Current Asset Composition (February 2025)
Grounded People Apparel Inc.'s total assets of $65.47K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.6% |
| Accounts Receivable | $10.50K | 4.0% |
| Inventory | $31.85K | 12.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how Grounded People Apparel 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: Grounded People Apparel Inc.'s current assets represent 100.0% of total assets in 2025, unchanged from 100.0% in 2022.
- Cash Position: Cash and equivalents constituted 44.6% of total assets in 2025, up from 7.8% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is inventory at 12.2% of total assets.
Grounded People Apparel Inc. Competitors by Total Assets
Key competitors of Grounded People Apparel Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
Grounded People Apparel 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
Strong asset utilization - Grounded People Apparel Inc. generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Grounded People Apparel Inc. is currently not profitable relative to its asset base.
Grounded People Apparel 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 | 0.07 | 1.75 | 2.98 |
| Quick Ratio | 0.05 | 1.29 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-819.88K | $ 348.19K | $ 325.05K |
Grounded People Apparel Inc. - Advanced Valuation Insights
This section examines the relationship between Grounded People Apparel 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 | 234.43 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -60.7% |
| Total Assets | $261.47K |
| Market Capitalization | $9.69K USD |
Valuation Analysis
Below Book Valuation: The market values Grounded People Apparel Inc.'s assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Grounded People Apparel Inc.'s assets decreased by 60.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Grounded People Apparel Inc. (2022–2025)
The table below shows the annual total assets of Grounded People Apparel Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | $261.47K | -60.73% |
| 2024-02-29 | $665.83K | -69.01% |
| 2023-02-28 | $2.15 Million | +678.11% |
| 2022-02-28 | $276.13K | -- |