Sharing Services Global Corp
Sharing Services Global Corporation markets and distributes health and wellness, and other products in the United States, Canada, the Republic of Korea, and internationally. Its products portfolio includes health and wellness products, which comprise Elevate MAX Happy Coffee, an Arabic coffee drink; XanthoMax Happy Caps, an encapsulated wellness supplement; KetoCre Keto Creamer, a ketogenic cream… Read more
Sharing Services Global Corp (SHRG) - Total Assets
Latest total assets as of September 2024: $6.26 Million USD
Based on the latest financial reports, Sharing Services Global Corp (SHRG) holds total assets worth $6.26 Million USD as of September 2024.
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.
Sharing Services Global Corp - Total Assets Trend (2015–2024)
This chart illustrates how Sharing Services Global Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sharing Services Global Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
Sharing Services Global Corp's total assets of $6.26 Million consist of 66.7% current assets and 33.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.5% |
| Accounts Receivable | $2.08 Million | 31.4% |
| Inventory | $1.40 Million | 21.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $402.14K | 6.1% |
| Goodwill | $-402.14 Billion | -6061022.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Sharing Services Global Corp'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: Sharing Services Global Corp's current assets represent 66.7% of total assets in 2024, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, down from 98.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up -6061016.0% of total assets, a decrease from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 31.4% of total assets.
Sharing Services Global Corp Competitors by Total Assets
Key competitors of Sharing Services Global Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.94 Billion |
|
Tangrenshen Group Co Ltd
SHE:002567
|
China | CN¥17.90 Billion |
|
Shenzhen Shenbao Industrial Co Ltd
SHE:000019
|
China | CN¥7.01 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 |
Sharing Services Global Corp - 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 - Sharing Services Global Corp generates 1.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sharing Services Global Corp is currently not profitable relative to its asset base.
Sharing Services Global Corp - 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 | 0.45 | 0.75 | 1.21 |
| Quick Ratio | 0.31 | 0.48 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.15 Million | $ -1.97 Million | $ 3.96 Million |
Sharing Services Global Corp - Advanced Valuation Insights
This section examines the relationship between Sharing Services Global Corp'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 | 10.83 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -61.2% |
| Total Assets | $6.63 Million |
| Market Capitalization | $7.12K USD |
Valuation Analysis
Below Book Valuation: The market values Sharing Services Global Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sharing Services Global Corp's assets decreased by 61.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sharing Services Global Corp (2015–2024)
The table below shows the annual total assets of Sharing Services Global Corp from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $6.63 Million | -61.15% |
| 2023-03-31 | $17.08 Million | -60.43% |
| 2022-03-31 | $43.16 Million | +93.28% |
| 2021-03-31 | $22.33 Million | -9.13% |
| 2020-03-31 | $24.58 Million | +53.57% |
| 2019-03-31 | $16.00 Million | +172.25% |
| 2018-03-31 | $5.88 Million | +83199.12% |
| 2017-03-31 | $7.06K | +187.57% |
| 2016-03-31 | $2.45K | -68.79% |
| 2015-03-31 | $7.86K | -- |