Growlife Inc
GrowLife, Inc. focuses on the functional mushroom business. It processes, stores, markets, distributes, and sells fresh and dried mushroom products. The company was founded in 2012 and is headquartered in Kirkland, Washington.
Growlife Inc (PHOT) - Total Assets
Latest total assets as of June 2024: $200.62K USD
Based on the latest financial reports, Growlife Inc (PHOT) holds total assets worth $200.62K USD as of June 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.
Growlife Inc - Total Assets Trend (2003–2022)
This chart illustrates how Growlife Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Growlife Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Growlife Inc's total assets of $200.62K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 37.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2022)
This chart illustrates how Growlife 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: Growlife Inc's current assets represent 100.0% of total assets in 2022, an increase from 61.6% in 2003.
- Cash Position: Cash and equivalents constituted 37.1% of total assets in 2022, up from 1.2% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 36.0% in 2003.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Growlife Inc Competitors by Total Assets
Key competitors of Growlife Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China National Complete Plant Import & Export Corp Ltd
SHE:000151
|
China | CN¥2.20 Billion |
|
Gs Global
KO:001250
|
Korea | ₩1.37 Trillion |
|
Sam Yung Tradi
KO:002810
|
Korea | ₩755.63 Billion |
|
Hae In
KO:003010
|
Korea | ₩252.85 Billion |
|
Nexgram Holdings Bhd
KLSE:0096
|
Malaysia | RM156.86 Million |
|
Playgram Co. Ltd
KO:009810
|
Korea | ₩295.37 Billion |
|
UNITRAD
KLSE:0247
|
Malaysia | RM1.16 Billion |
|
Yew Lee Pacific Group Berhad
KLSE:0248
|
Malaysia | RM82.73 Million |
Growlife 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
Lower asset utilization - Growlife Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Growlife Inc is currently not profitable relative to its asset base.
Growlife 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 | 0.00 | 0.02 | 0.29 |
| Quick Ratio | 0.00 | 0.02 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-11.52 Million | $ -8.95 Million | $ -4.34 Million |
Growlife Inc - Advanced Valuation Insights
This section examines the relationship between Growlife 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 | - |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -93.8% |
| Total Assets | $254.21K |
| Market Capitalization | $5.54K USD |
Valuation Analysis
Below Book Valuation: The market values Growlife Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Growlife Inc's assets decreased by 93.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Growlife Inc (2003–2022)
The table below shows the annual total assets of Growlife Inc from 2003 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $254.21K | -93.81% |
| 2021-12-31 | $4.11 Million | -5.68% |
| 2020-12-31 | $4.36 Million | +7.52% |
| 2019-12-31 | $4.05 Million | -43.88% |
| 2018-12-31 | $7.22 Million | +737.48% |
| 2017-12-31 | $861.87K | +61.22% |
| 2016-12-31 | $534.58K | -63.60% |
| 2015-12-31 | $1.47 Million | -37.83% |
| 2014-12-31 | $2.36 Million | -58.97% |
| 2013-12-31 | $5.76 Million | +349.97% |
| 2012-12-31 | $1.28 Million | +343.96% |
| 2011-12-31 | $288.20K | +1548.36% |
| 2010-12-31 | $17.48K | +20.77% |
| 2009-12-31 | $14.48K | -58.98% |
| 2008-12-31 | $35.30K | -55.88% |
| 2007-12-31 | $80.00K | -99.23% |
| 2004-12-31 | $10.45 Million | +29.38% |
| 2003-12-31 | $8.08 Million | -- |