Spirits Time International Inc
Spirits Time International, Inc. engages in the marketing and distribution of tequila products under the Tequila Alebrijes brand name. It offers tequila blanco, tequila añejo, and tequila reposado. The company was formerly known as Sears Oil and Gas Corporation and changed its name to Spirits Time International, Inc. in October 2018. The company was founded in 2005 and is based in Ogden, Utah.
Spirits Time International Inc (SRSG) - Total Assets
Latest total assets as of September 2024: $524.00 USD
Based on the latest financial reports, Spirits Time International Inc (SRSG) holds total assets worth $524.00 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.
Spirits Time International Inc - Total Assets Trend (2007–2023)
This chart illustrates how Spirits Time International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spirits Time International Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Spirits Time International Inc's total assets of $524.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how Spirits Time International 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: Spirits Time International Inc's current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2023, the same as 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Spirits Time International Inc Competitors by Total Assets
Key competitors of Spirits Time International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hite Jinro
KO:000080
|
Korea | ₩3.44 Trillion |
|
Luzhou Lao Jiao Co Ltd
SHE:000568
|
China | CN¥65.50 Billion |
|
Jiugui Liquor Co Ltd
SHE:000799
|
China | CN¥4.65 Billion |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
China | CN¥181.07 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
China | CN¥12.93 Billion |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
China | CN¥12.16 Billion |
|
Bohae Brewery
KO:000890
|
Korea | ₩143.36 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
China | CN¥59.50 Billion |
Spirits Time International 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 - Spirits Time International 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 - Spirits Time International Inc is currently not profitable relative to its asset base.
Spirits Time International 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 | 0.00 | 0.00 | 0.11 |
| Quick Ratio | 0.00 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.60 Million | $ -1.41 Million | $ -649.62K |
Spirits Time International Inc - Advanced Valuation Insights
This section examines the relationship between Spirits Time International 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 | - |
| Latest Market Cap to Assets Ratio | 3.04 |
| Asset Growth Rate (YoY) | -99.8% |
| Total Assets | $493.00 |
| Market Capitalization | $1.50K USD |
Valuation Analysis
Premium Asset Valuation: The market values Spirits Time International Inc's assets at a significant premium ( 3.04x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Spirits Time International Inc's assets decreased by 99.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Spirits Time International Inc (2007–2023)
The table below shows the annual total assets of Spirits Time International Inc from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $493.00 | -99.82% |
| 2022-12-31 | $275.71K | -22.46% |
| 2021-12-31 | $355.59K | -0.04% |
| 2020-12-31 | $355.75K | +0.05% |
| 2019-12-31 | $355.57K | -34.97% |
| 2018-12-31 | $546.74K | +102285.58% |
| 2017-12-31 | $534.00 | +474.19% |
| 2016-12-31 | $93.00 | -91.69% |
| 2015-12-31 | $1.12K | +197.61% |
| 2014-12-31 | $376.00 | +1988.89% |
| 2013-12-31 | $18.00 | -99.82% |
| 2012-12-31 | $9.99K | +4848.02% |
| 2010-12-31 | $202.00 | -71.63% |
| 2009-12-31 | $712.00 | +20.27% |
| 2008-12-31 | $592.00 | -98.16% |
| 2007-12-31 | $32.22K | -- |