Adastra Holdings Ltd.
Adastra Holdings Ltd. extracts and processes cannabis for recreational and medical markets in Canada. The company offers vape pens, wax, resin, infused pre-rolls, diamonds, and shatters under the Endgame brand name. It also provides consulting, white label manufacturing, and tolling services; and licenses its intellectual property for the sale of consumer-packaged goods. The company was formerly … Read more
Adastra Holdings Ltd. (XTXXD) - Total Assets
Latest total assets as of September 2024: $31.08 Million USD
Based on the latest financial reports, Adastra Holdings Ltd. (XTXXD) holds total assets worth $31.08 Million USD as of September 2024.
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.
Adastra Holdings Ltd. - Total Assets Trend (2020–2023)
This chart illustrates how Adastra Holdings Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Adastra Holdings Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
Adastra Holdings Ltd.'s total assets of $31.08 Million consist of 33.6% current assets and 66.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.3% |
| Accounts Receivable | $3.91 Million | 12.1% |
| Inventory | $4.29 Million | 13.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.51 Million | 7.8% |
| Goodwill | $9.44 Million | 29.2% |
Asset Composition Trend (2020–2023)
This chart illustrates how Adastra Holdings Ltd.'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: Adastra Holdings Ltd.'s current assets represent 33.6% of total assets in 2023, an increase from 26.9% in 2020.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2023, down from 8.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 29.2% of total assets.
Adastra Holdings Ltd. Competitors by Total Assets
Key competitors of Adastra Holdings Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
|
USA | $67.26 Billion |
|
Kamada
NASDAQ:KMDA
|
USA | $378.79 Million |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Kotra Industries Bhd
KLSE:0002
|
Malaysia | RM363.90 Million |
Adastra Holdings Ltd. - 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 - Adastra Holdings Ltd. generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Adastra Holdings Ltd. is currently not profitable relative to its asset base.
Adastra Holdings Ltd. - 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 | 0.61 | 0.87 | 0.75 |
| Quick Ratio | 0.32 | 0.56 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.59 Million | $ -1.59 Million | $ -3.69 Million |
Adastra Holdings Ltd. - Advanced Valuation Insights
This section examines the relationship between Adastra Holdings Ltd.'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) | 1.7% |
| Total Assets | $32.34 Million |
| Market Capitalization | $2.94K USD |
Valuation Analysis
Below Book Valuation: The market values Adastra Holdings Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Adastra Holdings Ltd.'s assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Adastra Holdings Ltd. (2020–2023)
The table below shows the annual total assets of Adastra Holdings Ltd. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $32.34 Million | +1.69% |
| 2022-12-31 | $31.80 Million | +10.60% |
| 2021-12-31 | $28.76 Million | +109.33% |
| 2020-12-31 | $13.74 Million | -- |