Itoco Inc
Itoco Inc. engages in the processing, production, and distribution of medical cannabis products. The company was formerly known as Itoco Mining Corporation and changed its name to Itoco Inc. in May 2018. Itoco Inc. is based in Reno, Nevada.
Itoco Inc (ITMC) - Total Assets
Latest total assets as of September 2023: $1.19 Million USD
Based on the latest financial reports, Itoco Inc (ITMC) holds total assets worth $1.19 Million USD as of September 2023.
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.
Itoco Inc - Total Assets Trend (2008–2022)
This chart illustrates how Itoco Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Itoco Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Itoco Inc's total assets of $1.19 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| 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 (2008–2022)
This chart illustrates how Itoco 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: Itoco Inc's current assets represent 100.0% of total assets in 2022, an increase from 90.1% in 2008.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2022, down from 90.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 362.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Itoco Inc Competitors by Total Assets
Key competitors of Itoco Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Itoco 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 - Itoco Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Itoco Inc is currently not profitable relative to its asset base.
Itoco 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 | 0.55 | 0.01 | 59.53 |
| Quick Ratio | 0.55 | 0.01 | 59.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-979.56K | $ -1.56 Million | $ 19.96K |
Itoco Inc - Advanced Valuation Insights
This section examines the relationship between Itoco 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) | 6224.9% |
| Total Assets | $1.40 Million |
| Market Capitalization | $46.05 USD |
Valuation Analysis
Below Book Valuation: The market values Itoco Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Itoco Inc's assets grew by 6224.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Itoco Inc (2008–2022)
The table below shows the annual total assets of Itoco Inc from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $1.40 Million | +6224.86% |
| 2021-12-31 | $22.14K | -77.00% |
| 2020-12-31 | $96.26K | +317.99% |
| 2019-12-31 | $23.03K | +2159.96% |
| 2018-12-31 | $1.02K | -96.70% |
| 2017-12-31 | $30.89K | +64252.08% |
| 2016-12-31 | $48.00 | -99.72% |
| 2015-12-31 | $17.10K | +714.29% |
| 2014-12-31 | $2.10K | -99.94% |
| 2009-12-31 | $3.28 Million | +8226.06% |
| 2008-12-31 | $39.40K | -- |