TUT Fitness Group Inc
TUT Fitness Group Inc.designs, develops, manufactures, distributes, and sells fitness equipment in Canada and the United States. It offers TUT Trainer, a portable micro-gym; TUT Rower, a rower cardio workout product; and TUT Training mobile app, as well as related accessories. TUT Fitness Group Inc. was founded in 2018 and is headquartered in Vancouver, Canada.
TUT Fitness Group Inc (GYM) - Total Assets
Latest total assets as of March 2024: CA$554.43K CAD
Based on the latest financial reports, TUT Fitness Group Inc (GYM) holds total assets worth CA$554.43K CAD as of March 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.
TUT Fitness Group Inc - Total Assets Trend (2021–2023)
This chart illustrates how TUT Fitness Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TUT Fitness Group Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
TUT Fitness Group Inc's total assets of CA$554.43K consist of 77.2% current assets and 22.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 15.6% |
| Accounts Receivable | CA$414.00 | 0.1% |
| Inventory | CA$415.15K | 58.7% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$9.22K | 1.3% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how TUT Fitness Group 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: TUT Fitness Group Inc's current assets represent 77.2% of total assets in 2023, an increase from 69.6% in 2021.
- Cash Position: Cash and equivalents constituted 15.6% of total assets in 2023, down from 61.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 30.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 58.7% of total assets.
TUT Fitness Group Inc Competitors by Total Assets
Key competitors of TUT Fitness Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
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 |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
TUT Fitness Group 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 - TUT Fitness Group Inc generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TUT Fitness Group Inc is currently not profitable relative to its asset base.
TUT Fitness Group 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 | 0.91 | 3.50 | 1.00 |
| Quick Ratio | 0.10 | 0.85 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-42.15K | CA$ 487.11K | CA$ 9.96K |
TUT Fitness Group Inc - Advanced Valuation Insights
This section examines the relationship between TUT Fitness Group 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 | 10.15 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | -62.4% |
| Total Assets | CA$707.21K |
| Market Capitalization | $203.90K USD |
Valuation Analysis
Below Book Valuation: The market values TUT Fitness Group Inc's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TUT Fitness Group Inc's assets decreased by 62.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TUT Fitness Group Inc (2021–2023)
The table below shows the annual total assets of TUT Fitness Group Inc from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | CA$707.21K | -62.37% |
| 2022-09-30 | CA$1.88 Million | -52.68% |
| 2021-09-30 | CA$3.97 Million | -- |