TUT Fitness Group Inc (GYM) - Total Assets
Based on the latest financial reports, TUT Fitness Group Inc (GYM) holds total assets worth CA$554.43K CAD (≈ $401.07K USD) 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. See how leveraged is TUT Fitness Group Inc's balance sheet to measure how much of total assets are equity-financed.
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. Check tangible equity quality of TUT Fitness Group Inc to evaluate the tangible quality of the company's equity base.
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. For live market cap, price, and company overview, see TUT Fitness Group Inc market cap and net worth.
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 |
|---|---|---|
|
POP MART INT.GRP.DL-0001
F:735
|
Germany | €21.36 Billion |
|
Hailun Piano Co Ltd
SHE:300329
|
China | CN¥1.03 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.01 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥676.27 Million |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
Switzerland | CHF270.14 Million |
|
E-World
KO:084680
|
Korea | ₩405.71 Billion |
|
Viva Leisure Ltd
AU:VVA
|
Australia | AU$603.26 Million |
|
Heng Sheng Holding Group Limited
KQ:900270
|
Korea | ₩416.64 Billion |
TUT Fitness Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.91 | 3.50 | 1.00 |
| Quick Ratio | 0.10 | 0.85 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-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 | 0.41 |
| Asset Growth Rate (YoY) | -62.4% |
| Total Assets | CA$707.21K |
| Market Capitalization | $292.84K USD |
Valuation Analysis
Below Book Valuation: The market values TUT Fitness Group Inc's assets below their book value (0.41x), 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 ≈ $511.58K |
-62.37% |
| 2022-09-30 | CA$1.88 Million ≈ $1.36 Million |
-52.68% |
| 2021-09-30 | CA$3.97 Million ≈ $2.87 Million |
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About 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.