Pennexx Foods Inc
Pennexx Foods, Inc. prepares case-ready meat for distribution to food retailers in the central and northeastern United States. The company cuts, packages, processes, and delivers case-ready beef, pork, lamb, and veal. Pennexx delivers products through independent trucking fleets. Pennexx' products are sold at approximately 900 retail locations. The company sells regularly to fewer than 15 superma… Read more
Pennexx Foods Inc (PNNX) - Total Assets
Latest total assets as of March 2025: $963.00 USD
Based on the latest financial reports, Pennexx Foods Inc (PNNX) holds total assets worth $963.00 USD as of March 2025.
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.
Pennexx Foods Inc - Total Assets Trend (1999–2024)
This chart illustrates how Pennexx Foods Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pennexx Foods Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Pennexx Foods Inc's total assets of $963.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| 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 (1999–2024)
This chart illustrates how Pennexx Foods 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: Pennexx Foods Inc's current assets represent 100.0% of total assets in 2024, an increase from 17.1% in 1999.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2024, up from 7.3% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Pennexx Foods Inc Competitors by Total Assets
Key competitors of Pennexx Foods Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Pennexx Foods 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 - Pennexx Foods Inc generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Pennexx Foods Inc is currently not profitable relative to its asset base.
Pennexx Foods 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 | 0.01 | 1.21 |
| Quick Ratio | 0.00 | 0.01 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.30 Million | $ -1.20 Million | $ 1.31 Million |
Pennexx Foods Inc - Advanced Valuation Insights
This section examines the relationship between Pennexx Foods 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 | 0.10 |
| Asset Growth Rate (YoY) | -93.8% |
| Total Assets | $1.00K |
| Market Capitalization | $100.75 USD |
Valuation Analysis
Below Book Valuation: The market values Pennexx Foods Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Pennexx Foods Inc's assets decreased by 93.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Pennexx Foods Inc (1999–2024)
The table below shows the annual total assets of Pennexx Foods Inc from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.00K | -93.79% |
| 2023-12-31 | $16.15K | +50.72% |
| 2022-12-31 | $10.71K | -74.69% |
| 2021-12-31 | $42.32K | +193.29% |
| 2020-12-31 | $14.43K | -93.09% |
| 2019-12-31 | $208.90K | +241.24% |
| 2018-12-31 | $61.22K | -1.50% |
| 2017-12-31 | $62.15K | -2.77% |
| 2016-12-31 | $63.92K | +1.59% |
| 2015-12-31 | $62.92K | -99.78% |
| 2002-12-31 | $28.98 Million | +200.08% |
| 2001-12-31 | $9.66 Million | +109.36% |
| 2000-12-31 | $4.61 Million | +265.17% |
| 1999-12-31 | $1.26 Million | -- |