Next Meats Holdings Inc
Next Meats Holdings, Inc. focuses on the creation of plant-based meat products in Japan and internationally. It offers plant-based Yakiniku Short-rib and Skirt-steak, beef bowls, chicken, burger patties, pork, and tuna, as well as frozen and chilled products. The company was formerly known as Turnkey Solutions, Inc. Next Meats Holdings, Inc. was incorporated in 2020 and is headquartered in Shibuy… Read more
Next Meats Holdings Inc (NXMH) - Total Assets
Latest total assets as of April 2024: $809.58K USD
Based on the latest financial reports, Next Meats Holdings Inc (NXMH) holds total assets worth $809.58K USD as of April 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.
Next Meats Holdings Inc - Total Assets Trend (2020–2024)
This chart illustrates how Next Meats Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Next Meats Holdings Inc - Asset Composition Analysis
Current Asset Composition (April 2024)
Next Meats Holdings Inc's total assets of $809.58K consist of 79.3% current assets and 20.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $302.60K | 37.4% |
| Inventory | $54.50K | 6.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Next Meats Holdings 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: Next Meats Holdings Inc's current assets represent 79.3% of total assets in 2024, an increase from 0.0% in 2020.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, up from 0.0% 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 37.4% of total assets.
Next Meats Holdings Inc Competitors by Total Assets
Key competitors of Next Meats Holdings 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 |
Next Meats Holdings 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 - Next Meats Holdings Inc generates 1.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Next Meats Holdings Inc is currently not profitable relative to its asset base.
Next Meats Holdings 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 | 0.45 | 1.18 | 0.83 |
| Quick Ratio | 0.41 | 1.01 | 0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-796.35K | $ 145.42K | $ -1.06 Million |
Next Meats Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Next Meats Holdings 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 | 148.12 |
| Latest Market Cap to Assets Ratio | 2.81 |
| Asset Growth Rate (YoY) | -33.9% |
| Total Assets | $809.58K |
| Market Capitalization | $2.27 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Next Meats Holdings Inc's assets at a significant premium ( 2.81x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Next Meats Holdings Inc's assets decreased by 33.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Next Meats Holdings Inc (2020–2024)
The table below shows the annual total assets of Next Meats Holdings Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-04-30 | $809.58K | -33.90% |
| 2023-04-30 | $1.22 Million | -78.62% |
| 2022-04-30 | $5.73 Million | -32.49% |
| 2021-04-30 | $8.49 Million | -- |
| 2020-04-30 | $0.00 | -- |