Vice Health and Wellness Inc.
Vice Health and Wellness Inc. provides low sugar and plant based gummy products for the health and wellness sector in Canada. The company was formerly known as The Gummy Project Inc. and changed its name to Vice Health and Wellness Inc. in June 2023. Vice Health and Wellness Inc. is based in Vancouver, Canada.
Vice Health and Wellness Inc. (VICFF) - Total Assets
Latest total assets as of June 2023: $215.86K USD
Based on the latest financial reports, Vice Health and Wellness Inc. (VICFF) holds total assets worth $215.86K USD as of June 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.
Vice Health and Wellness Inc. - Total Assets Trend (2019–2022)
This chart illustrates how Vice Health and Wellness Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vice Health and Wellness Inc. - Asset Composition Analysis
Current Asset Composition (September 2022)
Vice Health and Wellness Inc.'s total assets of $215.86K consist of 92.1% current assets and 7.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.1% |
| Accounts Receivable | $9.60K | 3.7% |
| Inventory | $119.40K | 46.2% |
| Property, Plant & Equipment | $13.98K | 5.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how Vice Health and Wellness 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: Vice Health and Wellness Inc.'s current assets represent 92.1% of total assets in 2022, an increase from 59.8% in 2019.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2022, down from 25.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 46.2% of total assets.
Vice Health and Wellness Inc. Competitors by Total Assets
Key competitors of Vice Health and Wellness Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangxi Guitang Group Co Ltd
SHE:000833
|
China | CN¥6.39 Billion |
|
Nanning Sugar Industry Co Ltd
SHE:000911
|
China | CN¥3.08 Billion |
|
TS Corporation
KO:001790
|
Korea | ₩1.30 Trillion |
|
TS Corp Preference Shares
KO:001795
|
Korea | ₩1.30 Trillion |
|
Crown Confec
KO:005740
|
Korea | ₩1.21 Trillion |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
Korea | ₩1.21 Trillion |
|
Hunya Foods Co Ltd
TW:1236
|
Taiwan | NT$3.77 Billion |
|
Crown Confectionery Co Ltd
KO:264900
|
Korea | ₩354.64 Billion |
Vice Health and Wellness 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 - Vice Health and Wellness Inc. generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vice Health and Wellness Inc. is currently not profitable relative to its asset base.
Vice Health and Wellness 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 | 1.57 | 3.41 | 3.41 |
| Quick Ratio | 1.00 | 2.61 | 2.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $78.28K | $ 379.94K | $ 379.94K |
Vice Health and Wellness Inc. - Advanced Valuation Insights
This section examines the relationship between Vice Health and Wellness 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 | 0.67 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | -70.9% |
| Total Assets | $258.59K |
| Market Capitalization | $122.80K USD |
Valuation Analysis
Below Book Valuation: The market values Vice Health and Wellness Inc.'s assets below their book value (0.47 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vice Health and Wellness Inc.'s assets decreased by 70.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vice Health and Wellness Inc. (2019–2022)
The table below shows the annual total assets of Vice Health and Wellness Inc. from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-09-30 | $258.59K | -70.89% |
| 2021-09-30 | $888.37K | -22.08% |
| 2020-09-30 | $1.14 Million | -64.53% |
| 2019-09-30 | $3.21 Million | -- |