Global Food and Ingredients Ltd
Global Food and Ingredients Ltd., a plant-based food and ingredients company, supplies plant-based high protein ingredients in North America, Asia, Europe, South America, and internationally. The company provides peas, edibles beans, lentils, chickpeas, organic pulses, canary seeds, flax seeds, and pea hull fibers; pet food ingredients; pea protein inputs; and specialty crop, as well as pea, lent… Read more
Global Food and Ingredients Ltd (PEASF) - Total Assets
Latest total assets as of December 2023: $60.95 Million USD
Based on the latest financial reports, Global Food and Ingredients Ltd (PEASF) holds total assets worth $60.95 Million USD as of December 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.
Global Food and Ingredients Ltd - Total Assets Trend (2020–2023)
This chart illustrates how Global Food and Ingredients Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Global Food and Ingredients Ltd - Asset Composition Analysis
Current Asset Composition (March 2023)
Global Food and Ingredients Ltd's total assets of $60.95 Million consist of 46.3% current assets and 53.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $12.26 Million | 20.6% |
| Inventory | $11.53 Million | 19.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $454.50K | 0.8% |
| Goodwill | $647.60K | 1.1% |
Asset Composition Trend (2020–2023)
This chart illustrates how Global Food and Ingredients Ltd'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: Global Food and Ingredients Ltd's current assets represent 46.3% of total assets in 2023, an increase from 27.2% in 2020.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2023, down from 3.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 7.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 20.6% of total assets.
Global Food and Ingredients Ltd Competitors by Total Assets
Key competitors of Global Food and Ingredients Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Global Food and Ingredients Ltd - 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 - Global Food and Ingredients Ltd generates 2.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Global Food and Ingredients Ltd is currently not profitable relative to its asset base.
Global Food and Ingredients Ltd - 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 | 0.75 | 0.96 | 1.45 |
| Quick Ratio | 0.47 | 0.51 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.12 Million | $ -1.46 Million | $ 7.66 Million |
Global Food and Ingredients Ltd - Advanced Valuation Insights
This section examines the relationship between Global Food and Ingredients Ltd'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 | 1.03 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -14.6% |
| Total Assets | $59.51 Million |
| Market Capitalization | $3.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Global Food and Ingredients Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Global Food and Ingredients Ltd's assets decreased by 14.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Global Food and Ingredients Ltd (2020–2023)
The table below shows the annual total assets of Global Food and Ingredients Ltd from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-03-31 | $59.51 Million | -14.59% |
| 2022-03-31 | $69.68 Million | +58.56% |
| 2021-03-31 | $43.94 Million | +54.32% |
| 2020-03-31 | $28.48 Million | -- |