Plantify Foods Inc.
Plantify Foods, Inc. engages in the development, production, and sale of plant-based food products in Israel, Europe, and the United States. It offers dips, spreads, and salads; stews; veggie nuggets and balls; and soups, as well as white label products. The company was founded in 2017 and is headquartered in Vancouver, Canada.
Plantify Foods Inc. (PTFY) - Total Assets
Latest total assets as of September 2025: CA$36.00K CAD
Based on the latest financial reports, Plantify Foods Inc. (PTFY) holds total assets worth CA$36.00K 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.
Plantify Foods Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Plantify Foods Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Plantify Foods Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Plantify Foods Inc.'s total assets of CA$36.00K consist of 94.3% current assets and 5.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 92.8% |
| Accounts Receivable | CA$3.00K | 0.4% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Plantify Foods 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: Plantify Foods Inc.'s current assets represent 94.3% of total assets in 2024, an increase from 51.6% in 2020.
- Cash Position: Cash and equivalents constituted 92.8% of total assets in 2024, up from 13.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Plantify Foods Inc. Competitors by Total Assets
Key competitors of Plantify Foods Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Plantify Foods 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
Moderate asset utilization - Plantify Foods Inc. generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Plantify Foods Inc. is currently not profitable relative to its asset base.
Plantify Foods 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 | 0.03 | 0.02 | 0.17 |
| Quick Ratio | 0.03 | 0.02 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.35 Million | CA$ -3.09 Million | CA$ -1.67 Million |
Plantify Foods Inc. - Advanced Valuation Insights
This section examines the relationship between Plantify Foods 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 | 5.63 |
| Latest Market Cap to Assets Ratio | 0.78 |
| Asset Growth Rate (YoY) | -69.7% |
| Total Assets | CA$724.00K |
| Market Capitalization | $563.41K USD |
Valuation Analysis
Below Book Valuation: The market values Plantify Foods Inc.'s assets below their book value (0.78 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Plantify Foods Inc.'s assets decreased by 69.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Plantify Foods Inc. (2020–2024)
The table below shows the annual total assets of Plantify Foods Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$724.00K | -69.67% |
| 2023-12-31 | CA$2.39 Million | +26.10% |
| 2022-12-31 | CA$1.89 Million | +135.74% |
| 2021-12-31 | CA$803.00K | +60.60% |
| 2020-12-31 | CA$500.00K | -- |