Plantable Health Inc
Altus Copper Corp. produces and sells plant-based meal products in the United States. It offers reboot program, which combines 12 meal boxes, one-on-one coaching, and access to the Plantable App; and Quickstart program, a one-week program that includes 12 meal boxes, an onboarding call with a plantable coach, and personalized support for up to fourteen days. The company also provides meals-only p… Read more
Plantable Health Inc (PLBLF) - Total Assets
Latest total assets as of June 2023: $282.15K USD
Based on the latest financial reports, Plantable Health Inc (PLBLF) holds total assets worth $282.15K USD as of June 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.
Plantable Health Inc - Total Assets Trend (2019–2022)
This chart illustrates how Plantable Health Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Plantable Health Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Plantable Health Inc's total assets of $282.15K consist of 80.1% current assets and 19.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 59.5% |
| Accounts Receivable | $9.81K | 1.4% |
| Inventory | $75.13K | 10.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how Plantable Health 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: Plantable Health Inc's current assets represent 80.1% of total assets in 2022, an increase from 33.5% in 2019.
- Cash Position: Cash and equivalents constituted 59.5% of total assets in 2022, up from 16.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 10.6% of total assets.
Plantable Health Inc Competitors by Total Assets
Key competitors of Plantable Health Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.94 Billion |
|
Tangrenshen Group Co Ltd
SHE:002567
|
China | CN¥17.90 Billion |
|
Shenzhen Shenbao Industrial Co Ltd
SHE:000019
|
China | CN¥7.01 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 |
Plantable Health 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 - Plantable Health Inc generates 1.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Plantable Health Inc is currently not profitable relative to its asset base.
Plantable Health 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 | 1.95 | 14.48 | 6.97 |
| Quick Ratio | 1.89 | 13.63 | 6.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $105.23K | $ 1.72 Million | $ 1.21 Million |
Plantable Health Inc - Advanced Valuation Insights
This section examines the relationship between Plantable Health 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 | 0.05 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -81.5% |
| Total Assets | $709.76K |
| Market Capitalization | $2.70K USD |
Valuation Analysis
Below Book Valuation: The market values Plantable Health Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Plantable Health Inc's assets decreased by 81.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Plantable Health Inc (2019–2022)
The table below shows the annual total assets of Plantable Health Inc from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $709.76K | -81.49% |
| 2021-12-31 | $3.83 Million | +893.83% |
| 2020-12-31 | $385.79K | +22.01% |
| 2019-12-31 | $316.20K | -- |