Affinor Growers Inc
Affinor Growers Inc., a farming technology company, focuses on developing and commercializing vertical farming technologies in North America. Its vertical growing technology helps to grow crops, such as strawberries, romaine lettuce, kale, and spinach. The company was formerly known as Affinor Resources Inc. and changed its name to Affinor Growers Inc. in May 2014. Affinor Growers Inc. was incorp… Read more
Affinor Growers Inc (RSSFF) - Total Assets
Latest total assets as of February 2025: $1.82 Million USD
Based on the latest financial reports, Affinor Growers Inc (RSSFF) holds total assets worth $1.82 Million USD as of February 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.
Affinor Growers Inc - Total Assets Trend (2002–2024)
This chart illustrates how Affinor Growers Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Affinor Growers Inc - Asset Composition Analysis
Current Asset Composition (May 2024)
Affinor Growers Inc's total assets of $1.82 Million consist of 2.6% current assets and 97.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $26.38K | 1.4% |
| Inventory | $-26.38K | -1.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $771.75K | 40.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Affinor Growers 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: Affinor Growers Inc's current assets represent 2.6% of total assets in 2024, a decrease from 96.3% in 2002.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 89.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 40.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is intangible assets at 40.6% of total assets.
Affinor Growers Inc Competitors by Total Assets
Key competitors of Affinor Growers Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Affinor Growers 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 - Affinor Growers Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Affinor Growers Inc is currently not profitable relative to its asset base.
Affinor Growers 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 | 0.10 | 0.07 | 0.08 |
| Quick Ratio | 0.10 | 0.07 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.30 Million | $ -1.07 Million | $ -718.53K |
Affinor Growers Inc - Advanced Valuation Insights
This section examines the relationship between Affinor Growers 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 | 24.76 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -10.0% |
| Total Assets | $1.90 Million |
| Market Capitalization | $597.20K USD |
Valuation Analysis
Below Book Valuation: The market values Affinor Growers Inc's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Affinor Growers Inc's assets decreased by 10.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Affinor Growers Inc (2002–2024)
The table below shows the annual total assets of Affinor Growers Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-05-31 | $1.90 Million | -10.04% |
| 2023-05-31 | $2.11 Million | -13.44% |
| 2022-05-31 | $2.44 Million | +37.56% |
| 2021-05-31 | $1.77 Million | +69.41% |
| 2020-05-31 | $1.05 Million | -11.70% |
| 2019-05-31 | $1.19 Million | -64.45% |
| 2018-05-31 | $3.33 Million | +20.07% |
| 2017-05-31 | $2.78 Million | +64.06% |
| 2016-05-31 | $1.69 Million | -43.31% |
| 2015-05-31 | $2.99 Million | +37.91% |
| 2014-05-31 | $2.16 Million | +1415.69% |
| 2013-05-31 | $142.83K | +400.49% |
| 2012-05-31 | $28.54K | +256.77% |
| 2011-05-31 | $8.00K | +2.67% |
| 2010-05-31 | $7.79K | +27.78% |
| 2009-05-31 | $6.10K | -97.23% |
| 2008-05-31 | $220.46K | -74.23% |
| 2007-05-31 | $855.48K | +36.53% |
| 2006-05-31 | $626.57K | +77.81% |
| 2005-05-31 | $352.38K | -80.15% |
| 2004-05-31 | $1.78 Million | +666.13% |
| 2003-05-31 | $231.70K | +873.58% |
| 2002-05-31 | $23.80K | -- |