BLENDER BITES LTD. (JL4) - Net Assets
Based on the latest financial reports, BLENDER BITES LTD. (JL4) has net assets worth €4.32 Million EUR (≈ $5.05 Million USD) as of July 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.89 Million ≈ $10.39 Million USD) and total liabilities (€4.56 Million ≈ $5.34 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read JL4 current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.32 Million |
| % of Total Assets | 48.63% |
| Annual Growth Rate | -16.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 117.15 |
BLENDER BITES LTD. - Net Assets Trend (2021–2023)
This chart illustrates how BLENDER BITES LTD.'s net assets have evolved over time, based on quarterly financial data. Also explore BLENDER BITES LTD. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for BLENDER BITES LTD. (2021–2023)
The table below shows the annual net assets of BLENDER BITES LTD. from 2021 to 2023. For live valuation and market cap data, see JL4 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | €2.55 Million ≈ $2.98 Million |
+160.78% |
| 2022-10-31 | €976.79K ≈ $1.14 Million |
-73.51% |
| 2021-10-31 | €3.69 Million ≈ $4.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BLENDER BITES LTD.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1311704700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €31.96 Million | 1254.74% |
| Total Equity | €2.55 Million | 100.00% |
BLENDER BITES LTD. Competitors by Market Cap
The table below lists competitors of BLENDER BITES LTD. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Real Estate Investors PLC
LSE:RLE
|
$659.49K |
|
Clean Power Hydrogen PLC
LSE:CPH2
|
$659.67K |
|
Oxford Metrics plc
LSE:OMG
|
$659.69K |
|
Van Elle Holdings PLC
LSE:VANL
|
$662.19K |
|
Astron Connect Inc
V:AST
|
$656.93K |
|
DETALION GAMES SA ZY -10
F:9XJ
|
$655.84K |
|
Smalto SA
PA:MLSML
|
$654.82K |
|
Dynatronics Corporation
NASDAQ:DYNT
|
$653.18K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BLENDER BITES LTD.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 976,795 to 2,547,310, a change of 1,570,515 (160.8%).
- Net loss of 8,484,105 reduced equity.
- New share issuances of 4,783,642 increased equity.
- Other factors increased equity by 5,270,978.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-8.48 Million | -333.06% |
| Share Issuances | €4.78 Million | +187.79% |
| Other Changes | €5.27 Million | +206.92% |
| Total Change | €- | 160.78% |
Book Value vs Market Value Analysis
This analysis compares BLENDER BITES LTD.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.16x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.06x to 0.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | €1.00 | €0.06 | x |
| 2022-10-31 | €0.24 | €0.06 | x |
| 2023-10-31 | €0.38 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BLENDER BITES LTD. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -333.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -254.09%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.79x
- Recent ROE (-333.06%) is above the historical average (-413.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -432.58% | -1693.74% | 0.21x | 1.21x | €-16.32 Million |
| 2022 | -474.30% | -120.49% | 2.19x | 1.80x | €-4.73 Million |
| 2023 | -333.06% | -254.09% | 0.73x | 1.79x | €-8.74 Million |
Industry Comparison
This section compares BLENDER BITES LTD.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,338,602,179
- Average return on equity (ROE) among peers: -14.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BLENDER BITES LTD. (JL4) | €4.32 Million | -432.58% | 1.06x | $657.29K |
| COFCO Joycome Foods Limited (0M7) | $4.77 Billion | -13.15% | 1.15x | $749.96 Million |
| Nomad Foods Limited (0NH) | $1.90 Billion | 1.91% | 1.48x | $1.38 Billion |
| DaChan Food (Asia) Limited (3DS) | $2.43 Billion | 2.42% | 0.60x | $67.72 Million |
| JATCORP LTD. (3J2) | $10.44 Million | -42.89% | 1.52x | $8.34 Million |
| PSYCHED WELLNESS LTD (5U9) | $6.20 Million | -72.49% | 0.03x | $2.29 Million |
| BOOSH PLANT-BASED BRANDS (77I) | $-178.46K | 0.00% | 0.00x | $118.63K |
| ELEMENT NUTR.SCIENCES (93X) | $-4.87 Million | 0.00% | 0.00x | $2.73 Million |
| Danone SA (BSND) | $16.22 Billion | 5.43% | 1.74x | $42.57 Billion |
| China Yurun Food Group Limited (C7Y) | $7.91 Billion | -24.20% | 1.42x | $19.18 Million |
| DAVIDsTEA Inc (DAT) | $133.45 Million | -2.75% | 0.31x | $17.53 Million |
About BLENDER BITES LTD.
Blender Bites Limited engages in the manufacture and distribution of natural and organic frozen smoothie products in Canada and the United States. It offers smoothie pucks, including Green D-Tox, Power Berry, Daily Defen-C, Tropical Glow, Liquid Sunshine, and Superberry Sport. The company also provides frappe pucks, such as Mindful Mocha, Caramel Collagen, and Vanilla Bean-Bio. The company was fo… Read more