ShinyBud Corp
Shiny Health & Wellness Corp. operates as a cannabis and pharmacy retailer in Canada. It sells cannabis and accessories, as well as pharmaceutical products and services. The company was formerly known as ShinyBud Corp. The company is headquartered in Kitchener, Canada.
ShinyBud Corp (SNYB) - Total Assets
Latest total assets as of October 2023: CA$11.25 Million CAD
Based on the latest financial reports, ShinyBud Corp (SNYB) holds total assets worth CA$11.25 Million CAD as of October 2023.
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.
ShinyBud Corp - Total Assets Trend (2022–2023)
This chart illustrates how ShinyBud Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ShinyBud Corp - Asset Composition Analysis
Current Asset Composition (January 2023)
ShinyBud Corp's total assets of CA$11.25 Million consist of 11.1% current assets and 88.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.3% |
| Accounts Receivable | CA$402.61K | 1.8% |
| Inventory | CA$1.19 Million | 5.3% |
| Property, Plant & Equipment | CA$11.49 Million | 50.7% |
| Intangible Assets | CA$1.05 Million | 4.6% |
| Goodwill | CA$7.18 Million | 31.7% |
Asset Composition Trend (2022–2023)
This chart illustrates how ShinyBud Corp'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: ShinyBud Corp's current assets represent 11.1% of total assets in 2023, a decrease from 20.0% in 2022.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2023, down from 12.7% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, a decrease from 36.0% in 2022.
- Asset Diversification: The largest asset category is property, plant & equipment at 50.7% of total assets.
ShinyBud Corp Competitors by Total Assets
Key competitors of ShinyBud Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
China | CN¥12.68 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
China | CN¥15.84 Billion |
|
Luyan Pharma Co Ltd
SHE:002788
|
China | CN¥13.04 Billion |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
China | CN¥1.43 Billion |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
China | CN¥1.75 Billion |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥9.84 Billion |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
China | CN¥6.56 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
China | CN¥5.26 Billion |
ShinyBud Corp - 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
Strong asset utilization - ShinyBud Corp generates 1.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ShinyBud Corp is currently not profitable relative to its asset base.
ShinyBud Corp - 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 | 0.28 | 0.58 | 0.86 |
| Quick Ratio | 0.23 | 0.40 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-7.43 Million | CA$ -2.19 Million | CA$ -1.14 Million |
ShinyBud Corp - Advanced Valuation Insights
This section examines the relationship between ShinyBud Corp'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 | 0.98 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -36.3% |
| Total Assets | CA$22.65 Million |
| Market Capitalization | $280.55K USD |
Valuation Analysis
Below Book Valuation: The market values ShinyBud Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ShinyBud Corp's assets decreased by 36.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ShinyBud Corp (2022–2023)
The table below shows the annual total assets of ShinyBud Corp from 2022 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-01-31 | CA$22.65 Million | -36.35% |
| 2022-01-31 | CA$35.58 Million | -- |