22nd Century Group Inc

NASDAQ:XXII USA Tobacco
Market Cap
$1.86 Million
Market Cap Rank
#35019 Global
#11420 in USA
Share Price
$3.65
Change (1 day)
-1.62%
52-Week Range
$0.44 - $11.31
All Time High
$1348.80
Categories
Companies in USA Tobacco
About

22nd Century Group, Inc., a tobacco products company, manufactures, distributes, and sells proprietary new reduced nicotine tobacco products in the United States. The company offers reduced nicotine content tobacco and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands, as well as … Read more

22nd Century Group Inc (XXII) - Net Assets

Latest net assets as of September 2025: $21.10 Million USD

Based on the latest financial reports, 22nd Century Group Inc (XXII) has net assets worth $21.10 Million USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.37 Million) and total liabilities ($11.26 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 $21.10 Million
% of Total Assets 65.2%
Annual Growth Rate N/A
5-Year Change -90.9%
10-Year Change -65.79%
Growth Volatility 314.02

22nd Century Group Inc - Net Assets Trend (2006–2024)

This chart illustrates how 22nd Century Group 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 22nd Century Group Inc (2006–2024)

The table below shows the annual net assets of 22nd Century Group Inc from 2006 to 2024.

Year Net Assets Change
2024-12-31 $4.01 Million +147.71%
2023-12-31 $-8.41 Million -108.76%
2022-12-31 $95.97 Million +45.25%
2021-12-31 $66.07 Million +49.79%
2020-12-31 $44.11 Million -28.91%
2019-12-31 $62.05 Million -12.95%
2018-12-31 $71.28 Million -5.50%
2017-12-31 $75.43 Million +209.96%
2016-12-31 $24.33 Million +107.48%
2015-12-31 $11.73 Million -22.94%
2014-12-31 $15.22 Million +102.31%
2013-12-31 $7.52 Million +222.70%
2012-12-31 $-6.13 Million -405.81%
2011-12-31 $-1.21 Million -444.55%
2010-12-31 $-222.60K -163.53%
2009-12-31 $-84.47K -191.28%
2008-12-31 $-29.00K -1021.48%
2007-12-31 $3.15K +286.99%
2006-12-31 $-1.68K --

Equity Component Analysis

This analysis shows how different components contribute to 22nd Century Group 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 39380731700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components $397.88 Million 9917.32%
Total Equity $4.01 Million 100.00%

22nd Century Group Inc Competitors by Market Cap

The table below lists competitors of 22nd Century Group Inc ranked by their market capitalization.

Company Market Cap
SOPRA GROUP
BE:OR8
 		$1.53 Million
FOS Capital Ltd
AU:FOS
 		$1.53 Million
VEEVA SYSTEMS-A
STU:VEE
 		$1.53 Million
João Fortes Engenharia S.A.
SA:JFEN3
 		$1.53 Million
ClearOne Inc
NASDAQ:CLRO
 		$1.53 Million
TCI Finance Limited
NSE:TCIFINANCE
 		$1.53 Million
Emico Holdings Bhd
KLSE:9091
 		$1.53 Million
Spartoo SAS
PA:ALSPT
 		$1.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in 22nd Century Group Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from -8,410,000 to 4,012,000, a change of 12,422,000.
  • Net loss of 15,164,000 reduced equity.
  • Dividend payments of 10,303,000 reduced retained earnings.
  • New share issuances of 16,132,000 increased equity.
  • Other factors increased equity by 21,757,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-15.16 Million -377.97%
Dividends Paid $10.30 Million -256.8%
Share Issuances $16.13 Million +402.09%
Other Changes $21.76 Million +542.3%
Total Change $- %

Book Value vs Market Value Analysis

This analysis compares 22nd Century Group 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: 0.05x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 $-0.17 $3.65 x
2007-12-31 $0.09 $3.65 x
2008-12-31 $-0.40 $3.65 x
2009-12-31 $-1.17 $3.65 x
2010-12-31 $-3.08 $3.65 x
2011-12-31 $-11.08 $3.65 x
2012-12-31 $-48.37 $3.65 x
2013-12-31 $41.38 $3.65 x
2014-12-31 $60.89 $3.65 x
2015-12-31 $41.31 $3.65 x
2016-12-31 $73.15 $3.65 x
2017-12-31 $178.94 $3.65 x
2018-12-31 $137.63 $3.65 x
2019-12-31 $118.30 $3.65 x
2020-12-31 $76.26 $3.65 x
2021-12-31 $303091.74 $3.65 x
2022-12-31 $9.22 $3.65 x
2023-12-31 $-9600.46 $3.65 x
2024-12-31 $66.39 $3.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently 22nd Century Group 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): -377.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -127.66%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 5.40x
  • Recent ROE (-377.97%) is below the historical average (-112.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 0.00% 0.00% 0.00x 0.00x $-59.62K
2007 -942.87% 0.00% 0.00x 1.39x $-29.99K
2008 0.00% 0.00% 0.00x 0.00x $-79.25K
2009 0.00% 0.00% 0.00x 0.00x $-47.02K
2010 0.00% 0.00% 0.00x 0.00x $-67.67K
2011 0.00% -133.77% 0.42x 0.00x $-1.23 Million
2012 0.00% -35873.67% 0.01x 0.00x $-6.12 Million
2013 -347.65% -359.33% 0.59x 1.63x $-26.91 Million
2014 -102.47% -2948.13% 0.02x 1.44x $-17.12 Million
2015 -94.06% -129.45% 0.46x 1.57x $-12.20 Million
2016 -47.59% -94.31% 0.44x 1.14x $-14.01 Million
2017 -17.27% -78.49% 0.21x 1.06x $-20.57 Million
2018 -11.18% -30.15% 0.34x 1.08x $-15.09 Million
2019 -42.80% -102.81% 0.37x 1.11x $-32.76 Million
2020 -44.69% -70.12% 0.54x 1.17x $-24.12 Million
2021 -49.35% -105.37% 0.41x 1.15x $-39.22 Million
2022 -62.31% -147.65% 0.35x 1.19x $-69.40 Million
2023 0.00% -437.14% 1.17x 0.00x $-139.93 Million
2024 -377.97% -127.66% 0.55x 5.40x $-15.57 Million

Industry Comparison

This section compares 22nd Century Group Inc's net assets metrics with peer companies in the Tobacco industry.

Industry Context

  • Industry: Tobacco
  • Average net assets among peers: $2,462,665,124,426
  • Average return on equity (ROE) among peers: 12.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
22nd Century Group Inc (XXII) $21.10 Million 0.00% 0.53x $1.53 Million
American Cannabis Company Inc (AMMJ) $2.00 Million -35.50% 0.52x $92.90K
British American Tobacco p.l.c. (BTI) $75.71 Billion 8.80% 1.03x $123.65 Billion
1606 Corp. (CBDW) $-595.05K 0.00% 0.00x $850.32K
Charlie's Holdings Inc. (CHUC) $-1.78 Million 0.00% 0.00x $6.72 Million
Cartel Blue Inc (CRTL) $877.30K -2.10% 0.04x $194.76
Eco-Growth Strategies Inc (ECGS) $-8.24 Million 0.00% 0.00x $1.13K
PT Gudang Garam Tbk (GDNGY) $24.55 Trillion 20.20% 0.59x $1.07 Billion
Globrands Ltd (GLBGF) $55.62 Million 130.79% 3.84x $53.17 Million
Greenlane Holdings Inc (GNLN) $-11.06 Million 0.00% 0.00x $946.10K
Gold Flora Corp (GRAMW) $-23.58 Million 0.00% 0.00x $287.49K