Nabati Foods Global Inc
Nabati Foods Global Inc., a food technology company, provides healthy and plant-based products. It offers dairy-free cheesecakes, nabati cheeze, and plant-based meats products and other alternatives. Nabati Foods Global Inc. was founded in 2014 and is headquartered in Vancouver, Canada.
Nabati Foods Global Inc (MEALF) - Total Assets
Latest total assets as of September 2023: $95.68K USD
Based on the latest financial reports, Nabati Foods Global Inc (MEALF) holds total assets worth $95.68K 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.
Nabati Foods Global Inc - Total Assets Trend (2020–2022)
This chart illustrates how Nabati Foods Global Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nabati Foods Global Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Nabati Foods Global Inc's total assets of $95.68K consist of 91.1% current assets and 8.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $112.92K | 86.3% |
| Inventory | $-670.76 | -0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Nabati Foods Global 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: Nabati Foods Global Inc's current assets represent 91.1% of total assets in 2022, an increase from 53.4% in 2020.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2022, up from 2.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 86.3% of total assets.
Nabati Foods Global Inc Competitors by Total Assets
Key competitors of Nabati Foods Global Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Nabati Foods Global 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 - Nabati Foods Global Inc generates 2.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nabati Foods Global Inc is currently not profitable relative to its asset base.
Nabati Foods Global 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 | 0.02 | 0.15 | 0.52 |
| Quick Ratio | 0.02 | 0.11 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.86 Million | $ -3.32 Million | $ -266.10K |
Nabati Foods Global Inc - Advanced Valuation Insights
This section examines the relationship between Nabati Foods Global 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) | -81.8% |
| Total Assets | $130.83K |
| Market Capitalization | $83.07 USD |
Valuation Analysis
Below Book Valuation: The market values Nabati Foods Global Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nabati Foods Global Inc's assets decreased by 81.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nabati Foods Global Inc (2020–2022)
The table below shows the annual total assets of Nabati Foods Global Inc from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $130.83K | -81.82% |
| 2021-12-31 | $719.62K | +33.68% |
| 2020-12-31 | $538.34K | -- |