MicroSalt PLC
MicroSalt plc develops and sells low sodium salt and snack food products in the United Kingdom and internationally. It offers saltshaker and potato chip products under the MicroSalt and SaltMe! brands. The company was incorporated in 2016 and is based in London, the United Kingdom. MicroSalt plc is a subsidiary of Tekcapital Europe Limited.
MicroSalt PLC (SALT) - Net Assets
Latest net assets as of December 2024: GBX-1.55 Million GBX
Based on the latest financial reports, MicroSalt PLC (SALT) has net assets worth GBX-1.55 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.54 Million) and total liabilities (GBX4.09 Million). 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 | GBX-1.55 Million |
| % of Total Assets | -60.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1908.49 |
MicroSalt PLC - Net Assets Trend (2020–2024)
This chart illustrates how MicroSalt 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 MicroSalt PLC (2020–2024)
The table below shows the annual net assets of MicroSalt PLC from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX-1.55 Million | +22.39% |
| 2023-12-31 | GBX-2.00 Million | -701.20% |
| 2022-12-31 | GBX332.00K | +168.31% |
| 2021-12-31 | GBX-486.00K | -4518.18% |
| 2020-12-31 | GBX11.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to MicroSalt 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 861400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX99.00K | % |
| Other Comprehensive Income | GBX1.94 Million | % |
| Other Components | GBX6.18 Million | % |
| Total Equity | GBX-1.55 Million | 100.00% |
MicroSalt PLC Competitors by Market Cap
The table below lists competitors of MicroSalt PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vortex Energy Corp.
OTCQB:VTECF
|
$3.48K |
|
A Luzon Real Estate & Finance Ltd
TA:LZNR
|
$3.48K |
|
PRI HEALTH CARE (PGZ.SG)
STU:PGZ
|
$3.48K |
|
Al Baraka Bank Egypt
EGX:SAUD
|
$3.48K |
|
National Silk and Rayon Mills Limited
KAR:NSRM
|
$3.47K |
|
XCF Global, Inc. Class A Common Stock
NASDAQ:SAFX
|
$3.47K |
|
ALLTAINER AB O.N.
F:70H
|
$3.47K |
|
Ayfie International AS
OL:AIX
|
$3.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MicroSalt PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,996,000 to -1,549,000, a change of 447,000.
- Net loss of 6,131,000 reduced equity.
- Other comprehensive income increased equity by 369,000.
- Other factors increased equity by 6,209,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-6.13 Million | -395.8% |
| Other Comprehensive Income | GBX369.00K | +23.82% |
| Other Changes | GBX6.21 Million | +400.84% |
| Total Change | GBX- | % |
Book Value vs Market Value Analysis
This analysis compares MicroSalt 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | GBX0.00 | GBX52.50 | x |
| 2021-12-31 | GBX-0.07 | GBX52.50 | x |
| 2022-12-31 | GBX0.01 | GBX52.50 | x |
| 2023-12-31 | GBX-0.22 | GBX52.50 | x |
| 2024-12-31 | GBX-0.13 | GBX52.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MicroSalt 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -817.47%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1604.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -4894.12% | -6933.33% | 0.09x | 8.12x | GBX-833.70K |
| 2021 | 0.00% | -2748.48% | 0.08x | 0.00x | GBX-828.40K |
| 2022 | -3129.03% | -304.08% | 0.96x | 10.76x | GBX-1.95 Million |
| 2023 | 0.00% | -606.10% | 0.25x | 0.00x | GBX-3.28 Million |
| 2024 | 0.00% | -817.47% | 0.29x | 0.00x | GBX-5.98 Million |
Industry Comparison
This section compares MicroSalt PLC's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $68,323,584
- Average return on equity (ROE) among peers: -3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MicroSalt PLC (SALT) | GBX-1.55 Million | -4894.12% | N/A | $3.48K |
| Anpario Plc (ANP) | $33.15 Million | 12.07% | 0.15x | $11.75K |
| Applied Nutrition Plc (APN) | $48.02 Million | 38.84% | 0.24x | $77.41K |
| Benchmark Holdings Plc (BMK) | $279.60 Million | -4.14% | 0.72x | $16.51K |
| Carr's Group plc (CARR) | $21.37 Million | 13.66% | 1.34x | $8.72K |
| Fevara plc (FVA) | $110.09 Million | 8.75% | 0.84x | $141.81 |
| Greencore Group (GNC) | $134.90 Million | -20.93% | 5.22x | $143.86K |
| Ocean Harvest Technology Group PLC (OHT) | $5.11 Million | -66.62% | 0.08x | $153.13 |
| Premier Foods PLC (PFD) | $-18.00 Million | 0.00% | 0.00x | $202.13K |
| Science in Sport plc (SIS) | $674.14K | -14.42% | 3.59x | $9.38K |