Lift & Co Corp
Lift & Co. Corp. operates as a cannabis-focused technology and media company in Canada. The company monetizes a platform of advertising solutions, events, and data insights to cannabis businesses and consumers for making better-informed decisions. It operates a product-comparison resource of federally regulated cannabis products; provides customized marketing solutions and data-backed insights in… Read more
Lift & Co Corp (LFCOF) - Total Assets
Latest total assets as of December 2019: $7.42 Million USD
Based on the latest financial reports, Lift & Co Corp (LFCOF) holds total assets worth $7.42 Million USD as of December 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.
Lift & Co Corp - Total Assets Trend (2017–2019)
This chart illustrates how Lift & Co Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lift & Co Corp - Asset Composition Analysis
Current Asset Composition (March 2019)
Lift & Co Corp's total assets of $7.42 Million consist of 81.3% current assets and 18.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.0% |
| Accounts Receivable | $2.28 Million | 35.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $1.10 Million | 17.1% |
| Intangible Assets | $103.71K | 1.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2019)
This chart illustrates how Lift & Co Corp'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: Lift & Co Corp's current assets represent 81.3% of total assets in 2019, a decrease from 99.4% in 2017.
- Cash Position: Cash and equivalents constituted 36.0% of total assets in 2019, down from 45.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 35.4% of total assets.
Lift & Co Corp Competitors by Total Assets
Key competitors of Lift & Co Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Lift & Co Corp - 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 - Lift & Co Corp generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Lift & Co Corp is currently not profitable relative to its asset base.
Lift & Co Corp - 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 | 0.43 | 1.00 | 2.44 |
| Quick Ratio | 0.43 | 1.00 | 2.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.39 Million | $ 26.04K | $ 35.62K |
Lift & Co Corp - Advanced Valuation Insights
This section examines the relationship between Lift & Co Corp'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 | 0.01 |
| Asset Growth Rate (YoY) | 947.0% |
| Total Assets | $6.45 Million |
| Market Capitalization | $50.69K USD |
Valuation Analysis
Below Book Valuation: The market values Lift & Co Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Lift & Co Corp's assets grew by 947.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Lift & Co Corp (2017–2019)
The table below shows the annual total assets of Lift & Co Corp from 2017 to 2019.
| Year | Total Assets | Change |
|---|---|---|
| 2019-03-31 | $6.45 Million | +946.99% |
| 2018-03-31 | $616.38K | -60.96% |
| 2017-03-31 | $1.58 Million | -- |