Nate's Food Co
Nate's Food Co. engages in the Bitcoin mining activities. It operates application-specific integrated circuit computers designed for cryptocurrency mining. The company is also focusing on licensing its food products comprising a ready-to-use pre-mixed pancake and waffle batter delivered in a pressurized can. Nate's Food Co. is headquartered in Huntington Beach, California.
Nate's Food Co (NHMD) - Total Assets
Latest total assets as of November 2023: $278.04K USD
Based on the latest financial reports, Nate's Food Co (NHMD) holds total assets worth $278.04K USD as of November 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.
Nate's Food Co - Total Assets Trend (2007–2023)
This chart illustrates how Nate's Food Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nate's Food Co - Asset Composition Analysis
Current Asset Composition (May 2023)
Nate's Food Co's total assets of $278.04K consist of 0.7% current assets and 99.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $123.19K | 87.4% |
| Intangible Assets | $16.90K | 12.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how Nate's Food Co'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: Nate's Food Co's current assets represent 0.7% of total assets in 2023, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2023, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 87.4% of total assets.
Nate's Food Co Competitors by Total Assets
Key competitors of Nate's Food Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
Nate's Food Co - 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 - Nate's Food Co generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nate's Food Co is currently not profitable relative to its asset base.
Nate's Food Co - 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 | 0.17 | 0.00 | 0.00 |
| Quick Ratio | 0.17 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-837.39K | $ -1.12 Million | $ -543.29K |
Nate's Food Co - Advanced Valuation Insights
This section examines the relationship between Nate's Food Co'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 | 2.01 |
| Asset Growth Rate (YoY) | 145.3% |
| Total Assets | $141.03K |
| Market Capitalization | $283.41K USD |
Valuation Analysis
Premium Asset Valuation: The market values Nate's Food Co's assets at a significant premium ( 2.01x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Nate's Food Co's assets grew by 145.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nate's Food Co (2007–2023)
The table below shows the annual total assets of Nate's Food Co from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-05-31 | $141.03K | +145.31% |
| 2022-05-31 | $57.49K | +9247.97% |
| 2021-05-31 | $615.00 | -15.41% |
| 2020-05-31 | $727.00 | -89.64% |
| 2019-05-31 | $7.02K | +865.61% |
| 2018-05-31 | $727.00 | 0.00% |
| 2017-05-31 | $727.00 | -99.82% |
| 2016-05-31 | $413.22K | +385.49% |
| 2015-05-31 | $85.11K | +56642.00% |
| 2014-05-31 | $150.00 | -87.35% |
| 2008-05-31 | $1.19K | -92.17% |
| 2007-05-31 | $15.15K | -- |