In terms of working capital, LQR House Inc. maintains a healthy position.
The total current assets of the company are valued at $15074136.
This represents a growth rate of 2655.668% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $7064348, exhibiting a growth rate of 93281.996% year-on-year.
The receivables, another significant portion of the current assets, are valued at $172493.
The year-on-year growth rate for receivables is -68.025%.
The inventory, which forms a critical part of the assets, is valued at $1.
This represents a healthy year-on-year growth of -100.000%
On the liabilities side, the company's current liabilities total $469727.
This reflects a growth rate of -20.482% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
Cash and investments
7.06
0.01
1.12
Receavebles
0.17
0.54
0.22
Inventory
0.00
0.31
0.12
Other
7.84
0.31
0.12
Total Current Assets
15.07
0.55
1.33
Acc Payable
0.27
0.29
0.07
Short Term Debt
0.01
0.00
0.00
Other Current Liab
0.20
0.30
0.03
Current Liabilities
0.47
0.59
0.10
Capital Structure
When examining the capital structure of LQR House Inc., it is clear that the company manages a robust portfolio.
The value of their total assets clocks in at $15092538.
When juxtaposed with the previous year, this marks a growth rate of 473.783%, showcasing the company's ability to steadily grow its asset base.
Turning to liabilities, the company has total liabilities amounting to $472261.
Compared to the prior year, this reflects a growth rate of -20.053%.
The long-term debt forms a sizable part of these liabilities, coming in at $2534.
On the asset side, the cash and equivalent reserves are worth $7064348.
The year-on-year growth of these reserves is 93281.996%.
The company's common stock, another important asset, holds a value of $482, growing at a rate of -47.609% from the previous year.
Finally, the company's retained earnings stand at $-19552625, marking a growth rate of 413.880% year-over-year.
These earnings represent the profits that LQR House Inc. has chosen to reinvest in the business rather than distribute as dividends.
Total Assets
$15.09
Total liabilities
$472,261.00
Long term debt
$0.00
Cash and eqv
$7,064,348.00
Goodwill
$0.00
Retained earnings
-$19,552,625.00
Common stock
$0.05
Enterprise Value
-$0.78
Net earnings per share (EPS)
LQR House Inc. has an EPS of $-2.94, which signifies the profit allocated per share of common stock. With a growth rate of -280.539% this year, it indicates the company's increasing profitability and potential for share value growth. This trend signals robust financial performance and future potential.
Years
Q1
Q2
Q3
Q4
Total
2023
-0.0289
-0.32
-0.47
-2.12
-2.94
2022
-0.0629
-0.049
-0.0404
-0.62
-0.77
Brief information
LQR House Inc. (LQR) stock split history
Understanding the historical stock splits of LQR House Inc. (LQR) provides insights into its past financial decisions and investor sentiment. A stock split occurs when a company increases its share count by dividing its existing shares. The most recent split took place on March 04, 2024 with a ratio of 1:1. Throughout its history, the company has undergone 2 stock splits. Below, we delve deeper into this history, highlighting past financial strategies.
