Oceansix Future Paths Ltd.
Oceansix Future Paths Ltd. provides solutions based on recycled plastic products in Europe. The company manufactures and sells trays and packaging products from plastic sheets and boards for automotive, agriculture, and beverage industries. It also develops solutions and added-value products from post-consumer recycled plastics. The company was formerly known as K.B. Recycling Industries Ltd. and… Read more
Oceansix Future Paths Ltd. (OSIX) - Total Assets
Latest total assets as of March 2024: CA$5.30 Million CAD
Based on the latest financial reports, Oceansix Future Paths Ltd. (OSIX) holds total assets worth CA$5.30 Million 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.
Oceansix Future Paths Ltd. - Total Assets Trend (2020–2023)
This chart illustrates how Oceansix Future Paths Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Oceansix Future Paths Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
Oceansix Future Paths Ltd.'s total assets of CA$5.30 Million consist of 32.5% current assets and 67.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.8% |
| Accounts Receivable | CA$454.00K | 8.1% |
| Inventory | CA$283.00K | 5.1% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$444.00K | 8.0% |
| Goodwill | CA$1.63 Million | 29.2% |
Asset Composition Trend (2020–2023)
This chart illustrates how Oceansix Future Paths 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: Oceansix Future Paths Ltd.'s current assets represent 32.5% of total assets in 2023, a decrease from 42.0% in 2020.
- Cash Position: Cash and equivalents constituted 6.8% of total assets in 2023, down from 29.1% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 29.2% of total assets.
Oceansix Future Paths Ltd. Competitors by Total Assets
Key competitors of Oceansix Future Paths Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
China | CN¥42.97 Billion |
|
Shenwu Energy Saving Co Ltd
SHE:000820
|
China | CN¥582.54 Million |
|
Brite Tech Bhd
KLSE:0011
|
Malaysia | RM168.57 Million |
|
Jinglv Envi Science & Tech Co
SHE:001230
|
China | CN¥3.29 Billion |
|
Kc Green Holdi
KO:009440
|
Korea | ₩252.26 Billion |
|
Cosmos Technology International Berhad
KLSE:0261
|
Malaysia | RM64.35 Million |
|
Kc Cottrell
KO:119650
|
Korea | ₩265.66 Billion |
|
China Ecotek Corp
TW:1535
|
Taiwan | NT$6.96 Billion |
Oceansix Future Paths Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Oceansix Future Paths Ltd. generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Oceansix Future Paths Ltd. is currently not profitable relative to its asset base.
Oceansix Future Paths Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.67 | 0.60 | 0.92 |
| Quick Ratio | 0.62 | 0.55 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-841.00K | CA$ -771.00K | CA$ -168.00K |
Oceansix Future Paths Ltd. - Advanced Valuation Insights
This section examines the relationship between Oceansix Future Paths 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 | 1.20 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -32.3% |
| Total Assets | CA$5.58 Million |
| Market Capitalization | $349.78K USD |
Valuation Analysis
Below Book Valuation: The market values Oceansix Future Paths Ltd.'s assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Oceansix Future Paths Ltd.'s assets decreased by 32.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Oceansix Future Paths Ltd. (2020–2023)
The table below shows the annual total assets of Oceansix Future Paths Ltd. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$5.58 Million | -32.27% |
| 2022-12-31 | CA$8.24 Million | -14.15% |
| 2021-12-31 | CA$9.60 Million | +72.67% |
| 2020-12-31 | CA$5.56 Million | -- |