Stryve Foods Inc
Stryve Foods, Inc. engages in the manufacture, marketing, and sale of healthy snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands; and human-grade air-dried pet treats marketed under the Two Tails and Primal Paws brand names. It also produces charcuterie slabs,… Read more
Stryve Foods Inc (SNAX) - Net Assets
Latest net assets as of September 2024: $-6.38 Million USD
Based on the latest financial reports, Stryve Foods Inc (SNAX) has net assets worth $-6.38 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.46 Million) and total liabilities ($37.83 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 | $-6.38 Million |
| % of Total Assets | -20.27% |
| Annual Growth Rate | 103.05% |
| 5-Year Change | -98.56% |
| 10-Year Change | N/A |
| Growth Volatility | 55.95 |
Stryve Foods Inc - Net Assets Trend (2016–2023)
This chart illustrates how Stryve Foods Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stryve Foods Inc (2016–2023)
The table below shows the annual net assets of Stryve Foods Inc from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.59 Million | -90.32% |
| 2022-12-31 | $16.44 Million | -0.04% |
| 2021-12-31 | $16.44 Million | +276.10% |
| 2020-12-31 | $-9.34 Million | -108.45% |
| 2019-12-31 | $110.50 Million | +2764773.48% |
| 2018-12-31 | $-4.00K | -137.10% |
| 2017-12-31 | $10.78K | -3.79% |
| 2016-12-31 | $11.20K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stryve Foods Inc'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 13627879900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $262.00 | 0.02% |
| Other Components | $137.88 Million | 8663.98% |
| Total Equity | $1.59 Million | 100.00% |
Stryve Foods Inc Competitors by Market Cap
The table below lists competitors of Stryve Foods Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TAISEI (TKK1.SG)
STU:TKK1
|
$929.51K |
|
LINDSAY
BE:LMF
|
$929.76K |
|
Lucky Minerals Inc
OTCQB:LKMNF
|
$930.00K |
|
Melati Ehsan Holdings Bhd
KLSE:5129
|
$930.05K |
|
Widgie Nickel Limited
PINK:WDGNF
|
$927.33K |
|
Helport AI Limited Warrants
NASDAQ:HPAIW
|
$927.12K |
|
PMPG Polskie Media S.A.
WAR:PGM
|
$927.10K |
|
UNITED OIL+GAS PLC LS-01
F:1UO
|
$926.93K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stryve Foods Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 16,436,000 to 1,591,460, a change of -14,844,540 (-90.3%).
- Net loss of 19,040,984 reduced equity.
- Share repurchases of 2,318 reduced equity.
- New share issuances of 1,016,088 increased equity.
- Other factors increased equity by 3,182,674.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.04 Million | -1196.45% |
| Share Repurchases | $2.32K | -0.15% |
| Share Issuances | $1.02 Million | +63.85% |
| Other Changes | $3.18 Million | +199.98% |
| Total Change | $- | -90.32% |
Book Value vs Market Value Analysis
This analysis compares Stryve Foods Inc'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: 0.63x
- 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 decreased from 101.57x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.00 | $0.46 | x |
| 2017-12-31 | $0.00 | $0.46 | x |
| 2018-12-31 | $0.00 | $0.46 | x |
| 2019-12-31 | $32.06 | $0.46 | x |
| 2020-12-31 | $-7.46 | $0.46 | x |
| 2021-12-31 | $12.25 | $0.46 | x |
| 2022-12-31 | $7.70 | $0.46 | x |
| 2023-12-31 | $0.72 | $0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stryve Foods Inc 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): -1196.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -107.51%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 20.55x
- Recent ROE (-1196.45%) is below the historical average (-215.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -123.23% | 0.00% | 0.00x | 3.20x | $-14.92K |
| 2017 | -3.94% | 0.00% | 0.00x | 3.33x | $-1.50K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.37K |
| 2019 | -0.27% | -2.75% | 0.10x | 1.00x | $-11.35 Million |
| 2020 | 0.00% | -122.78% | 0.65x | 0.00x | $-19.94 Million |
| 2021 | -194.56% | -106.34% | 0.82x | 2.24x | $-33.63 Million |
| 2022 | -201.63% | -110.67% | 0.76x | 2.41x | $-34.78 Million |
| 2023 | -1196.45% | -107.51% | 0.54x | 20.55x | $-19.20 Million |
Industry Comparison
This section compares Stryve Foods Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stryve Foods Inc (SNAX) | $-6.38 Million | -123.23% | N/A | $927.78K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |