Kanabo Group PLC
Kanabo Group Plc, a digital health company, engages in the research, development and commercialization of cannabis-derived formulations and therapeutic inhalation devices. It operates through Primary Care and Secondary Care segments. The company offers The GP Service, an online telehealth platform, that provides patients with video consultations, online prescriptions, and primary care services; a… Read more
Kanabo Group PLC (KNB) - Net Assets
Latest net assets as of June 2024: GBX5.91 Million GBX
Based on the latest financial reports, Kanabo Group PLC (KNB) has net assets worth GBX5.91 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.86 Million) and total liabilities (GBX953.00K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX5.91 Million |
| % of Total Assets | 86.11% |
| Annual Growth Rate | 39.28% |
| 5-Year Change | 1013.06% |
| 10-Year Change | N/A |
| Growth Volatility | 226.86 |
Kanabo Group PLC - Net Assets Trend (2017–2023)
This chart illustrates how Kanabo Group PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kanabo Group PLC (2017–2023)
The table below shows the annual net assets of Kanabo Group PLC from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX7.50 Million | -39.72% |
| 2022-12-31 | GBX12.45 Million | +140.07% |
| 2021-12-31 | GBX5.18 Million | +602.44% |
| 2020-12-31 | GBX738.00K | +9.50% |
| 2019-12-31 | GBX674.00K | -35.00% |
| 2018-12-31 | GBX1.04 Million | +0.88% |
| 2017-12-31 | GBX1.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kanabo Group PLC'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 2053300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX15.81 Million | 210.45% |
| Other Comprehensive Income | GBX2.65 Million | 35.23% |
| Other Components | GBX9.78 Million | 130.15% |
| Total Equity | GBX7.51 Million | 100.00% |
Kanabo Group PLC Competitors by Market Cap
The table below lists competitors of Kanabo Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARIANA RESOURCES
BE:4A6
|
$173.61 |
|
MINING PROJECTS GRP
BE:YAJ
|
$174.21 |
|
AFRICA CLEAN ENERGY ENERGY SOLUTIONS LIMITED -(USD)
SEM:ACES
|
$174.35 |
|
Tpi Polene PCL
STU:NVP6
|
$174.38 |
|
WPP SCANGROUP PLC
XNAI:SG
|
$172.60 |
|
Zoglo's Food Corp.
F:G8I
|
$172.44 |
|
GEMXX Corp
PINK:GEMZ
|
$172.15 |
|
Discovery World Corp
PSE:DWC
|
$171.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kanabo Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,448,000 to 7,513,000, a change of -4,935,000 (-39.6%).
- Net loss of 7,987,000 reduced equity.
- New share issuances of 2,740,000 increased equity.
- Other comprehensive income decreased equity by 9,554,000.
- Other factors increased equity by 9,866,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-7.99 Million | -106.31% |
| Share Issuances | GBX2.74 Million | +36.47% |
| Other Comprehensive Income | GBX-9.55 Million | -127.17% |
| Other Changes | GBX9.87 Million | +131.32% |
| Total Change | GBX- | -39.64% |
Book Value vs Market Value Analysis
This analysis compares Kanabo Group PLC'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: 16.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.24x to 16.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | GBX0.07 | GBX0.23 | x |
| 2018-12-31 | GBX0.04 | GBX0.23 | x |
| 2019-12-31 | GBX0.02 | GBX0.23 | x |
| 2020-12-31 | GBX0.03 | GBX0.23 | x |
| 2021-12-31 | GBX0.02 | GBX0.23 | x |
| 2022-12-31 | GBX0.03 | GBX0.23 | x |
| 2023-12-31 | GBX0.01 | GBX0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kanabo Group PLC 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): -106.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -892.40%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.11x
- Recent ROE (-106.31%) is below the historical average (-61.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -18.48% | 0.00% | 0.00x | 1.06x | GBX-292.80K |
| 2018 | -15.14% | 0.00% | 0.00x | 1.02x | GBX-260.70K |
| 2019 | -53.56% | 0.00% | 0.00x | 1.05x | GBX-428.40K |
| 2020 | -14.36% | -176.67% | 0.08x | 1.07x | GBX-179.80K |
| 2021 | -155.63% | -11052.05% | 0.01x | 1.08x | GBX-8.59 Million |
| 2022 | -64.24% | -1326.20% | 0.04x | 1.16x | GBX-9.24 Million |
| 2023 | -106.31% | -892.40% | 0.11x | 1.11x | GBX-8.74 Million |
Industry Comparison
This section compares Kanabo Group PLC's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $567,522,639
- Average return on equity (ROE) among peers: -20.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kanabo Group PLC (KNB) | GBX5.91 Million | -18.48% | 0.16x | $173.13 |
| Rhoen Klinikum AG (0NQH) | $1.22 Billion | 2.31% | 0.36x | $59.52 Million |
| One Health Group Plc (OHGR) | $4.97 Million | 14.26% | 1.23x | $275.73 |
| Spire Healthcare Group Plc (SPI) | $1.04 Billion | 1.62% | 0.67x | $98.16K |
| Totally PLC (TLY) | $2.45 Million | -98.77% | 0.28x | $57.39 |