Trident Brands Inc
Trident Brands Incorporated, together with its subsidiaries, focuses on developing branded consumer products and ingredients in the nutritional supplement, life sciences, and food and beverage categories in the United States and Canada. The company develops, markets, and sells a portfolio of DHA supplements under the Brain Armor brand. It also holds various banking facilities; and licenses associ… Read more
Trident Brands Inc (TDNT) - Total Assets
Latest total assets as of May 2022: $749.36K USD
Based on the latest financial reports, Trident Brands Inc (TDNT) holds total assets worth $749.36K USD as of May 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.
Trident Brands Inc - Total Assets Trend (2007–2021)
This chart illustrates how Trident Brands Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trident Brands Inc - Asset Composition Analysis
Current Asset Composition (November 2021)
Trident Brands Inc's total assets of $749.36K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $12.36K | 1.2% |
| Inventory | $881.92K | 83.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2021)
This chart illustrates how Trident Brands 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: Trident Brands Inc's current assets represent 100.0% of total assets in 2021, unchanged from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2021, down from 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 inventory at 83.2% of total assets.
Trident Brands Inc Competitors by Total Assets
Key competitors of Trident Brands Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 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 |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Trident Brands 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 - Trident Brands Inc generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Trident Brands Inc is currently not profitable relative to its asset base.
Trident Brands 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 | 0.07 | 0.16 | 2.23 |
| Quick Ratio | 0.00 | 0.03 | 2.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.29 Million | $ -7.34 Million | $ 3.05 Million |
Trident Brands Inc - Advanced Valuation Insights
This section examines the relationship between Trident Brands 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 | 0.00 |
| Asset Growth Rate (YoY) | -45.0% |
| Total Assets | $1.06 Million |
| Market Capitalization | $1.72K USD |
Valuation Analysis
Below Book Valuation: The market values Trident Brands Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Trident Brands Inc's assets decreased by 45.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Trident Brands Inc (2007–2021)
The table below shows the annual total assets of Trident Brands Inc from 2007 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-11-30 | $1.06 Million | -44.97% |
| 2020-11-30 | $1.93 Million | -51.22% |
| 2019-11-30 | $3.95 Million | -35.20% |
| 2018-11-30 | $6.09 Million | +6.65% |
| 2017-11-30 | $5.71 Million | +32.77% |
| 2016-11-30 | $4.30 Million | +1005.77% |
| 2015-11-30 | $389.25K | +27683.94% |
| 2014-11-30 | $1.40K | +969.47% |
| 2013-11-30 | $131.00 | -97.09% |
| 2012-11-30 | $4.50K | -66.39% |
| 2011-11-30 | $13.40K | +48.26% |
| 2010-11-30 | $9.04K | -62.87% |
| 2009-11-30 | $24.34K | -51.97% |
| 2008-11-30 | $50.67K | +254.12% |
| 2007-11-30 | $14.31K | -- |