Red Oak Hereford Farms Inc
Red Oak Hereford Farms, Inc. through its subsidiaries, Red Oak Farms, Inc. and My Favorite Jerky, LLC markets branded fresh beef and processed beef products. Its products are distributed to retail supermarkets, and food service and direct sales markets located throughout the United States. The company, through its wholly owned subsidiary, Midland Cattle Company, Inc., buys and sells feeder cattle… Read more
Red Oak Hereford Farms Inc (HERF) - Total Assets
Latest total assets as of June 2024: $2.81K USD
Based on the latest financial reports, Red Oak Hereford Farms Inc (HERF) holds total assets worth $2.81K USD as of June 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.
Red Oak Hereford Farms Inc - Total Assets Trend (1996–2023)
This chart illustrates how Red Oak Hereford Farms Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Red Oak Hereford Farms Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Red Oak Hereford Farms Inc's total assets of $2.81K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| 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 (1996–2023)
This chart illustrates how Red Oak Hereford Farms 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: Red Oak Hereford Farms Inc's current assets represent 100.0% of total assets in 2023, an increase from 93.9% in 1996.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2023, up from 0.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Red Oak Hereford Farms Inc Competitors by Total Assets
Key competitors of Red Oak Hereford Farms Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Astra Agro Lestari Tbk
JK:AALI
|
Indonesia | Rp30.51 Trillion |
|
CHUWIT FARM (2019) PUBLIC COMPANY LIMITED
BK:CFARM
|
Thailand | ฿883.86 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 |
Red Oak Hereford Farms 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 - Red Oak Hereford Farms Inc generates 11.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Red Oak Hereford Farms Inc is currently not profitable relative to its asset base.
Red Oak Hereford Farms 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 | 0.11 | 0.46 |
| Quick Ratio | 0.07 | 0.11 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-37.09K | $ -28.52K | $ -2.65 Million |
Red Oak Hereford Farms Inc - Advanced Valuation Insights
This section examines the relationship between Red Oak Hereford Farms 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 | 0.07 |
| Asset Growth Rate (YoY) | -71.6% |
| Total Assets | $3.56K |
| Market Capitalization | $241.10 USD |
Valuation Analysis
Below Book Valuation: The market values Red Oak Hereford Farms Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Red Oak Hereford Farms Inc's assets decreased by 71.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Red Oak Hereford Farms Inc (1996–2023)
The table below shows the annual total assets of Red Oak Hereford Farms Inc from 1996 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $3.56K | -71.55% |
| 2022-12-31 | $12.50K | -99.79% |
| 1999-12-31 | $6.06 Million | +103.89% |
| 1998-12-31 | $2.97 Million | -50.29% |
| 1997-12-31 | $5.98 Million | -0.22% |
| 1996-12-31 | $5.99 Million | -- |