The Limestone Boat Company Limited

PINK:LMSBF USA Recreational Vehicles
Market Cap
$478.66K
Market Cap Rank
#37607 Global
#12250 in USA
Share Price
$0.00
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.00
All Time High
$0.23
About

The Limestone Boat Company Limited designs, manufactures, and distributes recreational and commercial powerboats. It sells its products under the Limestone, Boca Bay, and Aquasport brands. The company is headquartered in Collingwood, Canada.

The Limestone Boat Company Limited (LMSBF) - Total Assets

Latest total assets as of December 2023: $4.45 Million USD

Based on the latest financial reports, The Limestone Boat Company Limited (LMSBF) holds total assets worth $4.45 Million USD as of December 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.

The Limestone Boat Company Limited - Total Assets Trend (2019–2023)

This chart illustrates how The Limestone Boat Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

The Limestone Boat Company Limited - Asset Composition Analysis

Current Asset Composition (March 2023)

The Limestone Boat Company Limited's total assets of $4.45 Million consist of 4.9% current assets and 95.1% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 0.5%
Accounts Receivable $98.62K 2.7%
Inventory $0.00 0.0%
Property, Plant & Equipment $2.92 Million 81.2%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2019–2023)

This chart illustrates how The Limestone Boat Company Limited'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: The Limestone Boat Company Limited's current assets represent 4.9% of total assets in 2023, a decrease from 100.0% in 2019.
  • Cash Position: Cash and equivalents constituted 0.5% of total assets in 2023, down from 100.0% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is property, plant & equipment at 81.2% of total assets.

The Limestone Boat Company Limited Competitors by Total Assets

Key competitors of The Limestone Boat Company Limited based on total assets are shown below.

The Limestone Boat Company Limited - 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

Historical Range: 0.36 - 2.72

Strong asset utilization - The Limestone Boat Company Limited generates 2.72x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -390.75% - -70.50%

Negative ROA - The Limestone Boat Company Limited is currently not profitable relative to its asset base.

The Limestone Boat Company Limited - 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 0.02 0.14 9.36
Quick Ratio 0.02 0.06 9.36
Cash Ratio 0.00 0.00 0.00
Working Capital $-24.19 Million $ -11.27 Million $ 426.59K

The Limestone Boat Company Limited - Advanced Valuation Insights

This section examines the relationship between The Limestone Boat Company Limited'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 19.04
Latest Market Cap to Assets Ratio 0.13
Asset Growth Rate (YoY) -80.4%
Total Assets $3.59 Million
Market Capitalization $476.25K USD

Valuation Analysis

Below Book Valuation: The market values The Limestone Boat Company Limited's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: The Limestone Boat Company Limited's assets decreased by 80.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for The Limestone Boat Company Limited (2019–2023)

The table below shows the annual total assets of The Limestone Boat Company Limited from 2019 to 2023.

Year Total Assets Change
2023-03-31 $3.59 Million -80.38%
2022-03-31 $18.32 Million +1397.51%
2021-03-31 $1.22 Million +79.93%
2020-03-31 $679.85K +71.03%
2019-03-31 $397.50K --