Newtopia Inc (NEWU) - Total Assets
Based on the latest financial reports, Newtopia Inc (NEWU) holds total assets worth CA$664.83K CAD (≈ $480.93K 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. Check cash flow reinvestment rate of Newtopia Inc to assess the company's total reinvestment commitment from operating cash flow.
Newtopia Inc - Total Assets Trend (2018–2023)
This chart illustrates how Newtopia Inc's total assets have evolved over time, based on quarterly financial data. Check how tangible is Newtopia Inc's equity to evaluate the tangible quality of the company's equity base.
Newtopia Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Newtopia Inc's total assets of CA$664.83K consist of 99.8% current assets and 0.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 16.6% |
| Accounts Receivable | CA$1.33 Million | 57.2% |
| Inventory | CA$115.23K | 4.9% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Newtopia 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 market cap of Newtopia Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Newtopia Inc's current assets represent 99.8% of total assets in 2023, an increase from 72.8% in 2018.
- Cash Position: Cash and equivalents constituted 16.6% of total assets in 2023, down from 38.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 57.2% of total assets.
Newtopia Inc Competitors by Total Assets
Key competitors of Newtopia Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Heren Health Co Ltd
SHE:300550
|
China | CN¥1.42 Billion |
|
Kneat.com Inc
TO:KSI
|
Canada | CA$121.76 Million |
|
CardioComm Solutions Inc.
V:EKG
|
Canada | CA$256.24K |
|
NexgenRX Inc.
V:NXG
|
Canada | CA$39.20 Million |
|
Careteq Ltd
AU:CTQ
|
Australia | AU$4.44 Million |
|
Pro Medicus Ltd
AU:PME
|
Australia | AU$533.91 Million |
|
Echoiq Ltd
AU:EIQ
|
Australia | AU$17.99 Million |
|
ARTRYA Ltd
AU:AYA
|
Australia | AU$92.19 Million |
Newtopia Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.31 | 0.29 |
| Quick Ratio | 0.04 | 0.30 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-12.60 Million | CA$-6.15 Million | CA$-11.25 Million |
Newtopia Inc - Advanced Valuation Insights
This section examines the relationship between Newtopia 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 | 99.08 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | -60.8% |
| Total Assets | CA$2.33 Million |
| Market Capitalization | $626.69K USD |
Valuation Analysis
Below Book Valuation: The market values Newtopia Inc's assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Newtopia Inc's assets decreased by 60.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Newtopia Inc (2018–2023)
The table below shows the annual total assets of Newtopia Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$2.33 Million ≈ $1.69 Million |
-60.76% |
| 2022-12-31 | CA$5.94 Million ≈ $4.30 Million |
+7.97% |
| 2021-12-31 | CA$5.51 Million ≈ $3.98 Million |
-30.27% |
| 2020-12-31 | CA$7.90 Million ≈ $5.71 Million |
+40.32% |
| 2019-12-31 | CA$5.63 Million ≈ $4.07 Million |
+52.82% |
| 2018-12-31 | CA$3.68 Million ≈ $2.66 Million |
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About Newtopia Inc
Newtopia Inc. operates as a tech-enabled whole health platform primarily in the United States. Its platform leverages genetic, social, and behavioral insights to create individualized prevention programs with a focus on metabolic disease, diabetes, mental health challenges, hypertension, weight management, and musculoskeletal disorders. Newtopia Inc. was incorporated in 2008 and is headquartered … Read more