PeakBirch Logic Inc
PeakBirch Commerce Inc. sells and distributes vaporizers, cannabis-related accessories, ancillary products, and cannabidiol products through e-commerce portals in the United States and Canada. It sells its products through Namastevaporizers.com, Everyonedoesit.com, LiftedCBD.com, Lifted.com, LeafScience.com, and Greeny.com. The company also manufactures and sells topicals, edibles, and flowers. P… Read more
PeakBirch Logic Inc (PKBFF) - Total Assets
Latest total assets as of July 2022: $1.27 Million USD
Based on the latest financial reports, PeakBirch Logic Inc (PKBFF) holds total assets worth $1.27 Million USD as of July 2022.
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.
PeakBirch Logic Inc - Total Assets Trend (2016–2021)
This chart illustrates how PeakBirch Logic Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PeakBirch Logic Inc - Asset Composition Analysis
Current Asset Composition (October 2021)
PeakBirch Logic Inc's total assets of $1.27 Million consist of 72.4% current assets and 27.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.5% |
| Accounts Receivable | $400.02K | 47.1% |
| Inventory | $59.11K | 7.0% |
| Property, Plant & Equipment | $90.11K | 10.6% |
| Intangible Assets | $144.65K | 17.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2021)
This chart illustrates how PeakBirch Logic 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: PeakBirch Logic Inc's current assets represent 72.4% of total assets in 2021, a decrease from 82.4% in 2016.
- Cash Position: Cash and equivalents constituted 15.5% of total assets in 2021, down from 72.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 47.1% of total assets.
PeakBirch Logic Inc Competitors by Total Assets
Key competitors of PeakBirch Logic Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
China | CN¥12.68 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
China | CN¥15.84 Billion |
|
Luyan Pharma Co Ltd
SHE:002788
|
China | CN¥13.04 Billion |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
China | CN¥1.43 Billion |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
China | CN¥1.75 Billion |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥9.84 Billion |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
China | CN¥6.56 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
China | CN¥5.26 Billion |
PeakBirch Logic 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 - PeakBirch Logic Inc generates 3.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - PeakBirch Logic Inc is currently not profitable relative to its asset base.
PeakBirch Logic 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 | 0.24 | 0.51 | 5.44 |
| Quick Ratio | 0.22 | 0.44 | 5.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.51 Million | $ -1.18 Million | $ 417.24K |
PeakBirch Logic Inc - Advanced Valuation Insights
This section examines the relationship between PeakBirch Logic 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 | 0.76 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -67.8% |
| Total Assets | $849.82K |
| Market Capitalization | $24.98K USD |
Valuation Analysis
Below Book Valuation: The market values PeakBirch Logic Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: PeakBirch Logic Inc's assets decreased by 67.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for PeakBirch Logic Inc (2016–2021)
The table below shows the annual total assets of PeakBirch Logic Inc from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-10-31 | $849.82K | -67.78% |
| 2020-10-31 | $2.64 Million | +320.54% |
| 2019-10-31 | $627.16K | -78.39% |
| 2018-10-31 | $2.90 Million | +86.64% |
| 2017-10-31 | $1.56 Million | -27.40% |
| 2016-10-31 | $2.14 Million | -- |