Kits Eyecare Ltd Total Assets
Kits Eyecare Ltd total assets. Based on the latest financial reports, Kits Eyecare Ltd (KITS) holds total assets worth CA$107.53 Million CAD (≈ $77.79 Million USD) as of March 2026. 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. Also see cash efficiency ratio of Kits Eyecare Ltd for how efficiently the company converts equity into cash flow.
Total Assets of Kits Eyecare Ltd (2017–2025)
Total assets of Kits Eyecare Ltd from 2017 to 2025. This chart illustrates how Kits Eyecare Ltd's total assets have evolved over time, based on quarterly financial data. See KITS stock price for real-time trading data and today's change.
Kits Eyecare Ltd - Asset Composition Analysis
Kits Eyecare Ltd Total Assets Breakdown (December 2025)
Kits Eyecare Ltd total assets breakdown as of December 2025. Kits Eyecare Ltd's total assets of CA$107.53 Million consist of 53.7% current assets and 46.3% non-current assets. Explore Kits Eyecare Ltd current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$29.82 Million | 26.4% |
| Accounts Receivable | CA$2.36 Million | 2.1% |
| Inventory | CA$23.67 Million | 21.0% |
| Property, Plant & Equipment | CA$9.12 Million | 8.1% |
| Intangible Assets | CA$1.13 Million | 1.0% |
| Goodwill | CA$39.23 Million | 34.7% |
Asset Composition Trend (2017–2025)
This chart illustrates how Kits Eyecare 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: Kits Eyecare Ltd's current assets represent 53.7% of total assets in 2025, a decrease from 96.9% in 2017.
- Cash Position: Cash and equivalents constituted 26.4% of total assets in 2025, down from 50.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 34.7% of total assets.
Kits Eyecare Ltd Competitors by Total Assets
Key competitors of Kits Eyecare Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vibra Energia S.A.
SA:VBBR3
|
Brazil | R$60.99 Billion |
|
Lovisa Holdings Ltd
AU:LOV
|
Australia | AU$696.04 Million |
|
Douglas AG
XETRA:DOU
|
Germany | €4.66 Billion |
|
Fenix Outdoor International AG
ST:FOI-B
|
Sweden | Skr719.95 Million |
|
BMTC Group Inc
TO:GBT
|
Canada | CA$700.62 Million |
|
Joyce Corporation Ltd
AU:JYC
|
Australia | AU$97.57 Million |
|
Elektroimportoren As
OL:ELIMP
|
Norway | Nkr1.62 Billion |
|
Dusk Group Ltd
AU:DSK
|
Australia | AU$86.69 Million |
Kits Eyecare 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 | 1.71 | 1.28 | 2.47 |
| Quick Ratio | 0.87 | 0.59 | 1.58 |
| Cash Ratio | 0.00 | 0.51 | 1.37 |
| Working Capital | CA$23.21 Million | CA$9.81 Million | CA$25.55 Million |
Kits Eyecare Ltd - Advanced Valuation Insights
This section examines the relationship between Kits Eyecare 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 | 5.69 |
| Latest Market Cap to Assets Ratio | 3.53 |
| Asset Growth Rate (YoY) | 9.6% |
| Total Assets | CA$112.96 Million |
| Market Capitalization | $399.05 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Kits Eyecare Ltd's assets at a significant premium (3.53x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Kits Eyecare Ltd's assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Kits Eyecare Ltd (2017–2025)
The table below shows the annual total assets of Kits Eyecare Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$112.96 Million ≈ $81.71 Million |
+9.64% |
| 2024-12-31 | CA$103.02 Million ≈ $74.53 Million |
+17.55% |
| 2023-12-31 | CA$87.64 Million ≈ $63.40 Million |
-6.63% |
| 2022-12-31 | CA$93.86 Million ≈ $67.90 Million |
+3.21% |
| 2021-12-31 | CA$90.94 Million ≈ $65.79 Million |
+66.39% |
| 2020-12-31 | CA$54.66 Million ≈ $39.54 Million |
+2.39% |
| 2019-12-31 | CA$53.38 Million ≈ $38.62 Million |
+790.59% |
| 2018-12-31 | CA$5.99 Million ≈ $4.34 Million |
-1.83% |
| 2017-12-31 | CA$6.11 Million ≈ $4.42 Million |
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About Kits Eyecare Ltd
Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It offers progressive, polarized, and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. wa… Read more