Simply Solventless Concentrates Ltd.
Simply Solventless Concentrates Ltd. cultivates, processes, formulates, manufactures, and sells a portfolio of terpene-rich solventless concentrates for the recreational, medical, and business to business cannabis markets in Canada. The company was incorporated in 2020 and is based in Calgary, Canada.
Simply Solventless Concentrates Ltd. (HASH) - Total Assets
Latest total assets as of September 2025: CA$60.26 Million CAD
Based on the latest financial reports, Simply Solventless Concentrates Ltd. (HASH) holds total assets worth CA$60.26 Million CAD as of September 2025.
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.
Simply Solventless Concentrates Ltd. - Total Assets Trend (2021–2024)
This chart illustrates how Simply Solventless Concentrates Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Simply Solventless Concentrates Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Simply Solventless Concentrates Ltd.'s total assets of CA$60.26 Million consist of 60.3% current assets and 39.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.9% |
| Accounts Receivable | CA$3.78 Million | 9.8% |
| Inventory | CA$16.10 Million | 41.7% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$11.77 Million | 30.5% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Simply Solventless Concentrates 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: Simply Solventless Concentrates Ltd.'s current assets represent 60.3% of total assets in 2024, a decrease from 82.5% in 2021.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2024, up from 4.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 41.7% of total assets.
Simply Solventless Concentrates Ltd. Competitors by Total Assets
Key competitors of Simply Solventless Concentrates 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 |
Simply Solventless Concentrates 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
Lower asset utilization - Simply Solventless Concentrates Ltd. generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Simply Solventless Concentrates Ltd. is currently not profitable relative to its asset base.
Simply Solventless Concentrates 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 | 2.53 | 2.39 | 1.35 |
| Quick Ratio | 0.82 | 0.46 | 0.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$19.82 Million | CA$ 11.61 Million | CA$ 896.00K |
Simply Solventless Concentrates Ltd. - Advanced Valuation Insights
This section examines the relationship between Simply Solventless Concentrates 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 | 0.13 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 277.0% |
| Total Assets | CA$38.61 Million |
| Market Capitalization | $2.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Simply Solventless Concentrates Ltd.'s assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Simply Solventless Concentrates Ltd.'s assets grew by 277.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Simply Solventless Concentrates Ltd. (2021–2024)
The table below shows the annual total assets of Simply Solventless Concentrates Ltd. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$38.61 Million | +276.96% |
| 2023-12-31 | CA$10.24 Million | -4.47% |
| 2022-12-31 | CA$10.72 Million | +203.72% |
| 2021-12-31 | CA$3.53 Million | -- |