Above Food Ingredients Inc. Common Stock Net Assets
Above Food Ingredients Inc. Common Stock net assets. Based on the latest financial reports, Above Food Ingredients Inc. Common Stock (ABVE) has net assets worth $-115.21 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 ($112.35 Million) and total liabilities ($227.56 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. Also explore Above Food Ingredients Inc. Common Stock (ABVE) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-115.21 Million |
| % of Total Assets | -102.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 304954.71 |
Net Assets of Above Food Ingredients Inc. Common Stock (2021–2024)
Net assets of Above Food Ingredients Inc. Common Stock from 2021 to 2024. This chart illustrates how Above Food Ingredients Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Above Food Ingredients Inc. Common Stock to measure how much of total assets are equity-financed.
Annual Net Assets for Above Food Ingredients Inc. Common Stock (2021–2024)
The table below shows the annual net assets of Above Food Ingredients Inc. Common Stock from 2021 to 2024. For live market cap and overall valuation, see ABVE market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | $-46.26 Million | -258.93% |
| 2023-01-31 | $29.11 Million | -85.44% |
| 2022-01-31 | $199.86 Million | +646734.42% |
| 2021-01-31 | $30.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Above Food Ingredients Inc. Common Stock'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 10387923400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Above Food Ingredients Inc. Common Stock Net Assets Breakdown (January 2024)
Above Food Ingredients Inc. Common Stock net assets breakdown by equity component as of January 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $781.00 | % |
| Other Comprehensive Income | $167.72K | % |
| Other Components | $57.45 Million | % |
| Total Equity | $-46.26 Million | 100.00% |
Above Food Ingredients Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Above Food Ingredients Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Castelbajac Co. Ltd
KQ:308100
|
$4.86 Million |
|
Cardio Diagnostics Holdings Inc
NASDAQ:CDIO
|
$4.87 Million |
|
Astrotech Corp
NASDAQ:ASTC
|
$4.87 Million |
|
Gayatri Highways Limited
NSE:GAYAHWS
|
$4.87 Million |
|
ACG Acquisition Co. Ltd.
LSE:ACG
|
$4.86 Million |
|
HYDROTOR SA
WAR:HDR
|
$4.86 Million |
|
Bio Green Med Solution, Inc.
NASDAQ:BGMS
|
$4.86 Million |
|
Ignite Ltd
AU:IGN
|
$4.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Above Food Ingredients Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,106,126 to -46,258,232, a change of -75,364,358 (-258.9%).
- Net loss of 53,312,282 reduced equity.
- Other comprehensive income increased equity by 119,788.
- Other factors decreased equity by 22,171,864.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.31 Million | -115.25% |
| Other Comprehensive Income | $119.79K | +0.26% |
| Other Changes | $-22.17 Million | -47.93% |
| Total Change | $- | -258.93% |
Book Value vs Market Value Analysis
This analysis compares Above Food Ingredients Inc. Common Stock'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 |
|---|---|---|---|
| 2021-01-31 | $0.00 | $0.10 | x |
| 2022-01-31 | $1.26 | $0.10 | x |
| 2023-01-31 | $1.17 | $0.10 | x |
| 2024-01-31 | $-5.38 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Above Food Ingredients Inc. Common Stock 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: -14.47%
- • Asset Turnover: 2.56x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-44.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -3.31% | 0.00% | 0.00x | 8.66x | $-4.11K |
| 2022 | -17.95% | -2.91% | 0.99x | 6.23x | $-9.00 Million |
| 2023 | -156.27% | -11.47% | 13.03x | 1.05x | $-48.40 Million |
| 2024 | 0.00% | -14.47% | 2.56x | 0.00x | $-48.69 Million |
Industry Comparison
This section compares Above Food Ingredients Inc. Common Stock's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $201,173,643
- Average return on equity (ROE) among peers: -30.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Above Food Ingredients Inc. Common Stock (ABVE) | $-115.21 Million | -3.31% | N/A | $4.86 Million |
| Agape ATP Corporation Common Stock (ATPC) | $3.31 Million | -76.20% | 0.43x | $1.49 Million |
| B&G Foods Inc (BGS) | $868.17 Million | -1.31% | 3.42x | $206.66 Million |
| BioHarvest Sciences Inc. Common Stock (BHST) | $45.63K | 0.00% | 0.17x | $33.10 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.21 Million | -177.60% | 0.41x | $27.48 Million |
| Bellring Brands LLC (BRBR) | $-376.20 Million | 0.00% | 0.00x | $1.19 Billion |
| BRC Inc. (BRCC) | $46.51 Million | -36.00% | 4.07x | $216.27 Million |
| BRF SA ADR (BRFS) | $1.22 Billion | 29.52% | 1.97x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $16.40 Million | 23.78% | 0.51x | $49.29 Million |
| Borealis Foods Inc. (BRLS) | $28.08 Million | -36.04% | 1.04x | $24.68 Million |
About Above Food Ingredients Inc. Common Stock
Above Food Ingredients Inc., a regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. It operates through two segments: Disruptive Agriculture and Rudimentary Ingredients, and Consumer Packaged Goods. The Disruptive Agriculture and Rudimentary Ingredients segment engages in the provisi… Read more