Vegano Foods Inc.
Vegano Foods Inc. engages in the sale and delivery of vegan grocery and household staples in Canada. The company offers meal kits, grocery staples, and gift cards. It sells its products through Vegano marketplace. Vegano Foods Inc. is based in Vancouver, Canada.
Vegano Foods Inc. (VAGNF) - Total Assets
Latest total assets as of December 2023: $759.01K USD
Based on the latest financial reports, Vegano Foods Inc. (VAGNF) holds total assets worth $759.01K USD as of December 2023.
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.
Vegano Foods Inc. - Total Assets Trend (2020–2022)
This chart illustrates how Vegano Foods Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vegano Foods Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
Vegano Foods Inc.'s total assets of $759.01K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $97.22K | 99.1% |
| Inventory | $6.68K | 6.8% |
| Property, Plant & Equipment | $19.07K | 19.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Vegano Foods 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: Vegano Foods Inc.'s current assets represent 100.0% of total assets in 2022, an increase from 92.2% in 2020.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2022, down from 89.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 99.1% of total assets.
Vegano Foods Inc. Competitors by Total Assets
Key competitors of Vegano Foods 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 |
Vegano Foods 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
Strong asset utilization - Vegano Foods Inc. generates 1.63x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vegano Foods Inc. is currently not profitable relative to its asset base.
Vegano Foods 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 | 0.02 | 0.23 | 6.23 |
| Quick Ratio | 0.04 | 0.22 | 6.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-428.96K | $ -471.69K | $ 2.02 Million |
Vegano Foods Inc. - Advanced Valuation Insights
This section examines the relationship between Vegano Foods 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 | 0.32 |
| Latest Market Cap to Assets Ratio | 0.89 |
| Asset Growth Rate (YoY) | -94.1% |
| Total Assets | $98.08K |
| Market Capitalization | $87.56K USD |
Valuation Analysis
Near Book Valuation: The market values Vegano Foods Inc.'s assets close to their book value ( 0.89x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Vegano Foods Inc.'s assets decreased by 94.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vegano Foods Inc. (2020–2022)
The table below shows the annual total assets of Vegano Foods Inc. from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $98.08K | -94.15% |
| 2021-12-31 | $1.68 Million | -34.33% |
| 2020-12-31 | $2.55 Million | -- |