SLGWQ
SLANG Worldwide Inc. operates as a cannabis consumer packaged goods company in worldwide. It offers cannabis vaporizers in various oil formulations; gummies; vapors for dry herbs and concentrates; and select genetics in vape cartridges, as well as cannabis to the medical and adult-use cannabis markets. The company serves its customers under O.pen, Alchemy Naturals, Firefly, Ceres, and Green House… Read more
SLGWQ (SLGWQ) - Total Assets
Latest total assets as of June 2024: $22.82 Million USD
Based on the latest financial reports, SLGWQ (SLGWQ) holds total assets worth $22.82 Million USD as of June 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.
SLGWQ - Total Assets Trend (2020–2023)
This chart illustrates how SLGWQ’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SLGWQ - Asset Composition Analysis
Current Asset Composition (December 2023)
SLGWQ's total assets of $22.82 Million consist of 58.3% current assets and 41.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.2% |
| Accounts Receivable | $1.92 Million | 5.8% |
| Inventory | $6.58 Million | 19.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.32 Million | 22.1% |
| Goodwill | $672.12K | 2.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how SLGWQ'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: SLGWQ's current assets represent 58.3% of total assets in 2023, an increase from 17.3% in 2020.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2023, up from 6.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, a decrease from 66.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 22.1% of total assets.
SLGWQ Competitors by Total Assets
Key competitors of SLGWQ based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
|
USA | $67.26 Billion |
|
Kamada
NASDAQ:KMDA
|
USA | $378.79 Million |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Kotra Industries Bhd
KLSE:0002
|
Malaysia | RM363.90 Million |
SLGWQ - 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 - SLGWQ generates 1.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SLGWQ is currently not profitable relative to its asset base.
SLGWQ - 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 | 0.37 | 2.75 | 2.75 |
| Quick Ratio | 0.24 | 1.69 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-24.06 Million | $ 11.96 Million | $ 11.96 Million |
SLGWQ - Advanced Valuation Insights
This section examines the relationship between SLGWQ'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 | 0.11 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -22.3% |
| Total Assets | $33.20 Million |
| Market Capitalization | $480.09K USD |
Valuation Analysis
Below Book Valuation: The market values SLGWQ's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SLGWQ's assets decreased by 22.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SLGWQ (2020–2023)
The table below shows the annual total assets of SLGWQ from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $33.20 Million | -22.34% |
| 2022-12-31 | $42.76 Million | -46.08% |
| 2021-12-31 | $79.29 Million | -26.32% |
| 2020-12-31 | $107.61 Million | -- |