The Planting Hope Company Inc
The Planting Hope Company Inc. operates as a foodtech company in the United States, Canada, and internationally. The company offers plant-based milk products under the Hope and Sesame brand name; veggie chips under the Mozaics brand name; single serving dip cups and snack olives under the Veggicopia brand name; and plant-based rice products under the RightRice brand name. It sells its products th… Read more
The Planting Hope Company Inc (MYLKF) - Total Assets
Latest total assets as of September 2023: $7.86 Million USD
Based on the latest financial reports, The Planting Hope Company Inc (MYLKF) holds total assets worth $7.86 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.
The Planting Hope Company Inc - Total Assets Trend (2020–2022)
This chart illustrates how The Planting Hope Company Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Planting Hope Company Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
The Planting Hope Company Inc's total assets of $7.86 Million consist of 41.4% current assets and 58.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.4% |
| Accounts Receivable | $1.00 Million | 10.2% |
| Inventory | $2.60 Million | 26.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.97 Million | 30.2% |
| Goodwill | $2.24 Million | 22.8% |
Asset Composition Trend (2020–2022)
This chart illustrates how The Planting Hope Company 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: The Planting Hope Company Inc's current assets represent 41.4% of total assets in 2022, a decrease from 98.0% in 2020.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2022, down from 4.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 52.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 30.2% of total assets.
The Planting Hope Company Inc Competitors by Total Assets
Key competitors of The Planting Hope Company 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 |
The Planting Hope Company 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 - The Planting Hope Company Inc generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - The Planting Hope Company Inc is currently not profitable relative to its asset base.
The Planting Hope Company 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 | 0.36 | 0.40 | 0.16 |
| Quick Ratio | 0.17 | 0.19 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.71 Million | $ -7.85 Million | $ -3.13 Million |
The Planting Hope Company Inc - Advanced Valuation Insights
This section examines the relationship between The Planting Hope Company 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 | 28.74 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 29.6% |
| Total Assets | $9.84 Million |
| Market Capitalization | $1.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values The Planting Hope Company Inc's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: The Planting Hope Company Inc's assets grew by 29.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for The Planting Hope Company Inc (2020–2022)
The table below shows the annual total assets of The Planting Hope Company Inc from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $9.84 Million | +29.63% |
| 2021-12-31 | $7.59 Million | +1162.03% |
| 2020-12-31 | $601.54K | -- |