Rritual Superfoods Inc
Aretto Wellness Inc. engages in the development, marketing, sale, and distribution of proprietary dietary and nutritional supplements and beverages in Canada and the United States. The company offers herbs and other extracts, such as fruits, roots, fungi, and vegetables. It provides its products under the Rritual brand name. The company was formerly known as Rritual Superfoods Inc. Aretto Wellnes… Read more
Rritual Superfoods Inc (RRSFF) - Total Assets
Latest total assets as of March 2023: $54.94K USD
Based on the latest financial reports, Rritual Superfoods Inc (RRSFF) holds total assets worth $54.94K USD as of March 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.
Rritual Superfoods Inc - Total Assets Trend (2019–2022)
This chart illustrates how Rritual Superfoods Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rritual Superfoods Inc - Asset Composition Analysis
Current Asset Composition (June 2022)
Rritual Superfoods Inc's total assets of $54.94K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.7% |
| Accounts Receivable | $14.33K | 38.3% |
| Inventory | $0.18 | 0.0% |
| 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 Rritual Superfoods 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: Rritual Superfoods Inc's current assets represent 100.0% of total assets in 2022, unchanged from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 9.7% of total assets in 2022, down from 100.0% 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 38.3% of total assets.
Rritual Superfoods Inc Competitors by Total Assets
Key competitors of Rritual Superfoods Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 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 |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Rritual Superfoods 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 - Rritual Superfoods Inc generates 2.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rritual Superfoods Inc is currently not profitable relative to its asset base.
Rritual Superfoods 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 | 0.03 | 2.36 | 4.40 |
| Quick Ratio | 0.03 | 0.25 | 4.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.79 Million | $ 1.19 Million | $ 248.31K |
Rritual Superfoods Inc - Advanced Valuation Insights
This section examines the relationship between Rritual Superfoods 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 | 0.12 |
| Latest Market Cap to Assets Ratio | 3.43 |
| Asset Growth Rate (YoY) | -98.7% |
| Total Assets | $37.38K |
| Market Capitalization | $128.36K USD |
Valuation Analysis
Premium Asset Valuation: The market values Rritual Superfoods Inc's assets at a significant premium ( 3.43x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Rritual Superfoods Inc's assets decreased by 98.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Rritual Superfoods Inc (2019–2022)
The table below shows the annual total assets of Rritual Superfoods Inc from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-06-30 | $37.38K | -98.67% |
| 2021-06-30 | $2.81 Million | +1091.28% |
| 2020-06-30 | $235.88K | +11793950.00% |
| 2019-06-30 | $2.00 | -- |