Nextgen Food Robotics Corp
Nextgen Food Robotics Corp. operates as multi-division food manufacturer. It operates commissary and ghost kitchen division that offers support and services to food entrepreneurs; and co-pack and private label contract manufacturing division, which uses automated robotic equipment to manufacture food products for the retail sector, as well as offers in-house production of its plant-based brand. T… Read more
Nextgen Food Robotics Corp (NGRBF) - Total Assets
Latest total assets as of January 2024: $3.95 Million USD
Based on the latest financial reports, Nextgen Food Robotics Corp (NGRBF) holds total assets worth $3.95 Million USD as of January 2024.
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.
Nextgen Food Robotics Corp - Total Assets Trend (2022–2023)
This chart illustrates how Nextgen Food Robotics Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nextgen Food Robotics Corp - Asset Composition Analysis
Current Asset Composition (April 2023)
Nextgen Food Robotics Corp's total assets of $3.95 Million consist of 51.4% current assets and 48.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 43.3% |
| Accounts Receivable | $19.05K | 0.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $1.15 Million | 48.6% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2023)
This chart illustrates how Nextgen Food Robotics 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: Nextgen Food Robotics Corp's current assets represent 51.4% of total assets in 2023, a decrease from 66.1% in 2022.
- Cash Position: Cash and equivalents constituted 43.3% of total assets in 2023, down from 60.5% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is property, plant & equipment at 48.6% of total assets.
Nextgen Food Robotics Corp Competitors by Total Assets
Key competitors of Nextgen Food Robotics Corp 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 |
Nextgen Food Robotics 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
Lower asset utilization - Nextgen Food Robotics Corp generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nextgen Food Robotics Corp is currently not profitable relative to its asset base.
Nextgen Food Robotics 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 | 5.66 | 7.19 | 15.88 |
| Quick Ratio | 5.66 | 7.19 | 14.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.15 Million | $ 1.74 Million | $ 2.11 Million |
Nextgen Food Robotics Corp - Advanced Valuation Insights
This section examines the relationship between Nextgen Food Robotics 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -50.3% |
| Total Assets | $2.36 Million |
| Market Capitalization | $5.05K USD |
Valuation Analysis
Below Book Valuation: The market values Nextgen Food Robotics Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nextgen Food Robotics Corp's assets decreased by 50.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nextgen Food Robotics Corp (2022–2023)
The table below shows the annual total assets of Nextgen Food Robotics Corp from 2022 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-04-30 | $2.36 Million | -50.31% |
| 2022-04-30 | $4.75 Million | -- |