Optima Medical Innovations Corp
Optima Medical Innovations Corp. delivers pathways to innovative, science-based health, and wellness solutions. It offers solution for pain relief, wellness, and cancer therapy. The company was formerly known as Tree of Knowledge International Corp. and changed its name to Optima Medical Innovations Corp. in November 2021. Optima Medical Innovations Corp. is based in Toronto, Canada.
Optima Medical Innovations Corp (TOKIF) - Total Assets
Latest total assets as of September 2021: $6.50 Million USD
Based on the latest financial reports, Optima Medical Innovations Corp (TOKIF) holds total assets worth $6.50 Million USD as of September 2021.
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.
Optima Medical Innovations Corp - Total Assets Trend (2008–2020)
This chart illustrates how Optima Medical Innovations Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Optima Medical Innovations Corp - Asset Composition Analysis
Current Asset Composition (December 2020)
Optima Medical Innovations Corp's total assets of $6.50 Million consist of 6.5% current assets and 93.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $335.63K | 4.7% |
| Inventory | $2.10K | 0.0% |
| Property, Plant & Equipment | $734.43K | 10.2% |
| Intangible Assets | $6.02 Million | 83.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2020)
This chart illustrates how Optima Medical Innovations 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: Optima Medical Innovations Corp's current assets represent 6.5% of total assets in 2020, an increase from 3.0% in 2008.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2020, down from 3.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 83.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 83.3% of total assets.
Optima Medical Innovations Corp Competitors by Total Assets
Key competitors of Optima Medical Innovations Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
China | CN¥9.79 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
China | CN¥19.57 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
China | CN¥6.55 Billion |
|
TMC Life Sciences Bhd
KLSE:0101
|
Malaysia | RM1.12 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM146.00 Million |
|
Cengild Medical Berhad
KLSE:0243
|
Malaysia | RM218.07 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
Malaysia | RM99.33 Million |
|
Raffles Medical Group Ltd
F:02M1
|
Germany | €1.49 Billion |
Optima Medical Innovations 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
Moderate asset utilization - Optima Medical Innovations Corp generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Optima Medical Innovations Corp is currently not profitable relative to its asset base.
Optima Medical Innovations 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 | 0.06 | 0.74 | 0.99 |
| Quick Ratio | 0.06 | 0.37 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.41 Million | $ -3.46 Million | $ -516.00 |
Optima Medical Innovations Corp - Advanced Valuation Insights
This section examines the relationship between Optima Medical Innovations 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 | 0.10 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -30.8% |
| Total Assets | $7.22 Million |
| Market Capitalization | $4.49K USD |
Valuation Analysis
Below Book Valuation: The market values Optima Medical Innovations Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Optima Medical Innovations Corp's assets decreased by 30.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Optima Medical Innovations Corp (2008–2020)
The table below shows the annual total assets of Optima Medical Innovations Corp from 2008 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $7.22 Million | -30.75% |
| 2019-12-31 | $10.43 Million | -49.57% |
| 2018-12-31 | $20.69 Million | +7597.30% |
| 2017-12-31 | $268.75K | +376.36% |
| 2016-12-31 | $56.42K | -64.15% |
| 2015-12-31 | $157.36K | -72.23% |
| 2014-12-31 | $566.61K | -35.88% |
| 2013-12-31 | $883.71K | -27.02% |
| 2012-12-31 | $1.21 Million | -15.82% |
| 2011-12-31 | $1.44 Million | -21.49% |
| 2010-12-31 | $1.83 Million | +30.52% |
| 2009-12-31 | $1.40 Million | +355.32% |
| 2008-12-31 | $308.31K | -- |