XFit Brands Inc
XFit Brands, Inc. designs, develops, markets, and sells functional equipment, training gears, and apparel and accessories for the impact sports market and fitness industry worldwide. It offers functional fitness stations, including XTC, CTC, and UTC training equipment, as well as mobile fitness training stations used in set up for mobile events, such as mobile boot camps, community events, trade … Read more
XFit Brands Inc (XFTB) - Total Assets
Latest total assets as of December 2016: $1.26 Million USD
Based on the latest financial reports, XFit Brands Inc (XFTB) holds total assets worth $1.26 Million USD as of December 2016.
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.
XFit Brands Inc - Total Assets Trend (2013–2016)
This chart illustrates how XFit Brands Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
XFit Brands Inc - Asset Composition Analysis
Current Asset Composition (June 2016)
XFit Brands Inc's total assets of $1.26 Million consist of 88.7% current assets and 11.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $179.64K | 27.1% |
| Inventory | $288.18K | 43.4% |
| Property, Plant & Equipment | $37.68K | 5.7% |
| Intangible Assets | $13.64K | 2.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2016)
This chart illustrates how XFit 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: XFit Brands Inc's current assets represent 88.7% of total assets in 2016, a decrease from 94.1% in 2013.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2016, down from 23.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 43.4% of total assets.
XFit Brands Inc Competitors by Total Assets
Key competitors of XFit Brands Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Hailun Piano Co Ltd
SHE:300329
|
China | CN¥1.08 Billion |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
XFit 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
Strong asset utilization - XFit Brands Inc generates 3.55x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - XFit Brands Inc is currently not profitable relative to its asset base.
XFit 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 | 1.13 | 0.86 | 2.17 |
| Quick Ratio | 0.73 | 0.61 | 1.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $127.84K | $ -137.87K | $ 397.85K |
XFit Brands Inc - Advanced Valuation Insights
This section examines the relationship between XFit 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 | 0.01 |
| Asset Growth Rate (YoY) | -21.4% |
| Total Assets | $663.49K |
| Market Capitalization | $5.87K USD |
Valuation Analysis
Below Book Valuation: The market values XFit Brands Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: XFit Brands Inc's assets decreased by 21.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for XFit Brands Inc (2013–2016)
The table below shows the annual total assets of XFit Brands Inc from 2013 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-06-30 | $663.49K | -21.36% |
| 2015-06-30 | $843.74K | +13.61% |
| 2014-06-30 | $742.67K | +318.29% |
| 2013-06-30 | $177.55K | -- |