TransCanna Holdings Inc
TransCanna Holdings Inc., through its subsidiaries, engages in the manufacturing, transportation, and distribution of cannabis related products in the United States. It provides cannabis for licensed operators involved in the cultivation, processing, distribution, and crop management in California. The company was incorporated in 2017 and is headquartered in West Vancouver, Canada.
TransCanna Holdings Inc (TCNAF) - Total Assets
Latest total assets as of August 2022: $32.51 Million USD
Based on the latest financial reports, TransCanna Holdings Inc (TCNAF) holds total assets worth $32.51 Million USD as of August 2022.
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.
TransCanna Holdings Inc - Total Assets Trend (2017–2021)
This chart illustrates how TransCanna Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TransCanna Holdings Inc - Asset Composition Analysis
Current Asset Composition (November 2021)
TransCanna Holdings Inc's total assets of $32.51 Million consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $364.73K | 1.4% |
| Inventory | $614.66K | 2.4% |
| Property, Plant & Equipment | $24.39 Million | 95.1% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2021)
This chart illustrates how TransCanna Holdings 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: TransCanna Holdings Inc's current assets represent 4.9% of total assets in 2021, a decrease from 62.1% in 2017.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2021, down from 47.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 37.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 95.1% of total assets.
TransCanna Holdings Inc Competitors by Total Assets
Key competitors of TransCanna Holdings Inc 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 |
TransCanna Holdings 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 - TransCanna Holdings Inc generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TransCanna Holdings Inc is currently not profitable relative to its asset base.
TransCanna Holdings 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 | 1.13 | 0.67 | 0.39 |
| Quick Ratio | 1.02 | 0.23 | 0.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.08 Million | $ -2.11 Million | $ -176.26K |
TransCanna Holdings Inc - Advanced Valuation Insights
This section examines the relationship between TransCanna Holdings 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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -3.1% |
| Total Assets | $25.64 Million |
| Market Capitalization | $11.27K USD |
Valuation Analysis
Below Book Valuation: The market values TransCanna Holdings Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: TransCanna Holdings Inc's assets decreased by 3.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for TransCanna Holdings Inc (2017–2021)
The table below shows the annual total assets of TransCanna Holdings Inc from 2017 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-11-30 | $25.64 Million | -3.12% |
| 2020-11-30 | $26.47 Million | -19.22% |
| 2019-11-30 | $32.77 Million | +7846.50% |
| 2018-11-30 | $412.38K | +144.64% |
| 2017-11-30 | $168.56K | -- |