Plant Veda Foods Ltd
Plant Veda Foods Ltd. operates as a plant-based beverage and food company in Canada. It offers milk, creamers, lassi, and yogurts. Plant Veda Foods Ltd. was incorporated in 2019 and is headquartered in Surrey, Canada.
Plant Veda Foods Ltd (PLVFF) - Total Assets
Latest total assets as of September 2023: $3.29 Million USD
Based on the latest financial reports, Plant Veda Foods Ltd (PLVFF) holds total assets worth $3.29 Million USD as of September 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.
Plant Veda Foods Ltd - Total Assets Trend (2019–2022)
This chart illustrates how Plant Veda Foods Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Plant Veda Foods Ltd - Asset Composition Analysis
Current Asset Composition (December 2022)
Plant Veda Foods Ltd's total assets of $3.29 Million consist of 13.6% current assets and 86.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| Accounts Receivable | $135.72K | 4.0% |
| Inventory | $110.80K | 3.3% |
| 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 Plant Veda Foods 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: Plant Veda Foods Ltd's current assets represent 13.6% of total assets in 2022, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2022, down from 21.8% 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 accounts receivable at 4.0% of total assets.
Plant Veda Foods Ltd Competitors by Total Assets
Key competitors of Plant Veda Foods Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
China | CN¥4.72 Billion |
|
Lotte Chilsung Beverage
KO:005300
|
Korea | ₩4.44 Trillion |
|
Orgabio Holdings Bhd
KLSE:0252
|
Malaysia | RM103.06 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
China | CN¥2.02 Billion |
|
Oceanic Beverages Co Inc
TW:1213
|
Taiwan | NT$790.01 Million |
|
Hey-Song Corp
TW:1234
|
Taiwan | NT$23.95 Billion |
|
Sunjuice Holdings Co Ltd
TW:1256
|
Taiwan | NT$4.60 Billion |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
Korea | ₩231.33 Billion |
Plant Veda Foods 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
Lower asset utilization - Plant Veda Foods Ltd generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Plant Veda Foods Ltd is currently not profitable relative to its asset base.
Plant Veda Foods 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 | 0.30 | 0.79 | 2.83 |
| Quick Ratio | 0.14 | 0.65 | 2.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.20 Million | $ -190.49K | $ 65.79K |
Plant Veda Foods Ltd - Advanced Valuation Insights
This section examines the relationship between Plant Veda Foods 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 | 18.78 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -23.1% |
| Total Assets | $3.38 Million |
| Market Capitalization | $584.04 USD |
Valuation Analysis
Below Book Valuation: The market values Plant Veda Foods Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Plant Veda Foods Ltd's assets decreased by 23.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Plant Veda Foods Ltd (2019–2022)
The table below shows the annual total assets of Plant Veda Foods Ltd from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $3.38 Million | -23.08% |
| 2021-12-31 | $4.39 Million | +4213.73% |
| 2020-12-31 | $101.83K | +999.27% |
| 2019-12-31 | $9.26K | -- |