Southern Concepts Restaurant Group Inc
Southern Concepts Restaurant Group, Inc. does not have significant business operations. Previously, it owned and managed restaurants in Colorado. The company was formerly known as Bourbon Brothers Holding Corporation and changed its name to Southern Concepts Restaurant Group, Inc. in March 2015. Southern Concepts Restaurant Group, Inc. was founded in 2008 and is headquartered in Colorado Springs,… Read more
Southern Concepts Restaurant Group Inc (RIBS) - Total Assets
Latest total assets as of September 2016: $4.17 Million USD
Based on the latest financial reports, Southern Concepts Restaurant Group Inc (RIBS) holds total assets worth $4.17 Million USD as of September 2016.
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.
Southern Concepts Restaurant Group Inc - Total Assets Trend (2009–2015)
This chart illustrates how Southern Concepts Restaurant Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Southern Concepts Restaurant Group Inc - Asset Composition Analysis
Current Asset Composition (December 2015)
Southern Concepts Restaurant Group Inc's total assets of $4.17 Million consist of 22.8% current assets and 77.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.2% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $91.36K | 1.6% |
| Property, Plant & Equipment | $4.28 Million | 74.1% |
| Intangible Assets | $35.62K | 0.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2015)
This chart illustrates how Southern Concepts Restaurant Group 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: Southern Concepts Restaurant Group Inc's current assets represent 22.8% of total assets in 2015, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2015, down from 100.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.1% of total assets.
Southern Concepts Restaurant Group Inc Competitors by Total Assets
Key competitors of Southern Concepts Restaurant Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mr. Onion
TWO:2740
|
Taiwan | NT$124.93 Million |
|
Loungers PLC
LSE:LGRS
|
UK | GBX409.83 Million |
|
Young & Co.'s Brewery P.L.C.
PINK:YCSBF
|
USA | $1.31 Billion |
|
KINGZA International CO.,Ltd.
TWO:2751
|
Taiwan | NT$1.25 Billion |
|
Tofu Restaurant Co Ltd
TWO:2752
|
Taiwan | NT$2.27 Billion |
|
XiAn Catering Co Ltd
SHE:000721
|
China | CN¥1.26 Billion |
|
China Quanjude Group Co Ltd
SHE:002186
|
China | CN¥1.54 Billion |
|
Cloud Live Technology Group Co Ltd
SHE:002306
|
China | CN¥759.24 Million |
Southern Concepts Restaurant Group 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 - Southern Concepts Restaurant Group Inc generates 1.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Southern Concepts Restaurant Group Inc is currently not profitable relative to its asset base.
Southern Concepts Restaurant Group 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 | 0.11 | 0.85 | 0.01 |
| Quick Ratio | 0.07 | 0.75 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.81 Million | $ -138.29K | $ -48.35K |
Southern Concepts Restaurant Group Inc - Advanced Valuation Insights
This section examines the relationship between Southern Concepts Restaurant Group 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 | 0.51 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 29.1% |
| Total Assets | $5.78 Million |
| Market Capitalization | $5.02K USD |
Valuation Analysis
Below Book Valuation: The market values Southern Concepts Restaurant Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Southern Concepts Restaurant Group Inc's assets grew by 29.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Southern Concepts Restaurant Group Inc (2009–2015)
The table below shows the annual total assets of Southern Concepts Restaurant Group Inc from 2009 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $5.78 Million | +29.14% |
| 2014-12-31 | $4.47 Million | +74.89% |
| 2013-12-31 | $2.56 Million | -14.02% |
| 2012-12-31 | $2.97 Million | +671419.41% |
| 2011-12-31 | $443.00 | -65.09% |
| 2010-12-31 | $1.27K | -7.03% |
| 2009-12-31 | $1.36K | -- |