Better Choice Company Inc (BTTR) - Net Assets
Based on the latest financial reports, Better Choice Company Inc (BTTR) has net assets worth $7.96 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.29 Million) and total liabilities ($7.32 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. Check BTTR financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.96 Million |
| % of Total Assets | 52.09% |
| Annual Growth Rate | 39.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1656.73 |
Better Choice Company Inc - Net Assets Trend (2009–2024)
This chart illustrates how Better Choice Company Inc's net assets have evolved over time, based on quarterly financial data. Also explore Better Choice Company Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Better Choice Company Inc (2009–2024)
The table below shows the annual net assets of Better Choice Company Inc from 2009 to 2024. For live valuation and market cap data, see Better Choice Company Inc (BTTR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.65 Million | +190.40% |
| 2023-12-31 | $2.98 Million | -86.17% |
| 2022-12-31 | $21.53 Million | -62.80% |
| 2021-12-31 | $57.88 Million | +305.95% |
| 2020-12-31 | $-28.10 Million | -904.06% |
| 2019-12-31 | $3.50 Million | +168.12% |
| 2018-12-31 | $-5.13 Million | -93.67% |
| 2018-08-31 | $-2.65 Million | -123.97% |
| 2017-12-31 | $-1.18 Million | -105.96% |
| 2016-12-31 | $-574.32K | -895.79% |
| 2015-12-31 | $-57.67K | -74.66% |
| 2014-12-31 | $-33.02K | +59.13% |
| 2013-12-31 | $-80.79K | -44.64% |
| 2012-12-31 | $-55.86K | -39.82% |
| 2011-12-31 | $-39.95K | -4543.60% |
| 2010-12-31 | $899.00 | -98.52% |
| 2009-12-31 | $60.68K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Better Choice Company 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 32151000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.02% |
| Other Components | $330.16 Million | 3817.72% |
| Total Equity | $8.65 Million | 100.00% |
Better Choice Company Inc Competitors by Market Cap
The table below lists competitors of Better Choice Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rayong Wire Industries Public Company Limited
BK:RWI
|
$5.14 Million |
|
HIGH QUALITY FOOD
F:L24
|
$5.14 Million |
|
ROCCA SA ZY -05
F:82J
|
$5.14 Million |
|
Union Pioneer Public Company Limited
BK:UPF
|
$5.14 Million |
|
Tissue Repair Ltd
AU:TRP
|
$5.13 Million |
|
Antelope Enterprise Holdings Ltd
NASDAQ:AEHL
|
$5.13 Million |
|
Schroder Japan Growth Fund
LSE:SJG
|
$5.13 Million |
|
Mingteng International Corporation Inc. Ordinary Shares
NASDAQ:MTEN
|
$5.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Better Choice Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,978,000 to 8,648,000, a change of 5,670,000 (190.4%).
- Net loss of 168,000 reduced equity.
- Share repurchases of 206,000 reduced equity.
- New share issuances of 4,752,000 increased equity.
- Other factors increased equity by 1,292,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-168.00K | -1.94% |
| Share Repurchases | $206.00K | -2.38% |
| Share Issuances | $4.75 Million | +54.95% |
| Other Changes | $1.29 Million | +14.94% |
| Total Change | $- | 190.40% |
Book Value vs Market Value Analysis
This analysis compares Better Choice Company 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: 3.96x
- 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 0.00x to 3.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $7585.00 | $2.12 | x |
| 2010-12-31 | $112.38 | $2.12 | x |
| 2011-12-31 | $-4438.67 | $2.12 | x |
| 2012-12-31 | $-6206.33 | $2.12 | x |
| 2013-12-31 | $-8976.56 | $2.12 | x |
| 2014-12-31 | $-8.16 | $2.12 | x |
| 2015-12-31 | $-10.53 | $2.12 | x |
| 2016-12-31 | $-55.95 | $2.12 | x |
| 2017-12-31 | $-104.21 | $2.12 | x |
| 2018-08-31 | $0.00 | $2.12 | x |
| 2018-12-31 | $-444.69 | $2.12 | x |
| 2019-12-31 | $27.76 | $2.12 | x |
| 2020-12-31 | $-151.15 | $2.12 | x |
| 2021-12-31 | $116.27 | $2.12 | x |
| 2022-12-31 | $32.27 | $2.12 | x |
| 2023-12-31 | $4.22 | $2.12 | x |
| 2024-12-31 | $0.54 | $2.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Better Choice Company 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): -1.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.48%
- • Asset Turnover: 2.21x
- • Equity Multiplier: 1.83x
- Recent ROE (-1.94%) is above the historical average (-700.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -4273.75% | 0.00% | 0.00x | 25.81x | $-38.51K |
| 2011 | 0.00% | 0.00% | -0.10x | 0.00x | $-36.85K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.32K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-86.09K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.93K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.90K |
| 2016 | 0.00% | -1945335.42% | 0.00x | 0.00x | $-876.33K |
| 2017 | 0.00% | -188416.82% | 0.01x | 0.00x | $-284.92K |
| 2018 | 0.00% | -929022.74% | 0.00x | 0.00x | $-3.90 Million |
| 2019 | -5297.05% | -1188.50% | 0.29x | 15.32x | $-185.48 Million |
| 2020 | 0.00% | -156.92% | 0.83x | 0.00x | $-64.02 Million |
| 2021 | 5.85% | 7.36% | 0.62x | 1.29x | $-2.40 Million |
| 2022 | -182.63% | -71.93% | 1.41x | 1.80x | $-41.47 Million |
| 2023 | -764.61% | -59.00% | 2.31x | 5.62x | $-23.07 Million |
| 2024 | -1.94% | -0.48% | 2.21x | 1.83x | $-1.03 Million |
Industry Comparison
This section compares Better Choice Company Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,577,456,879
- Average return on equity (ROE) among peers: -23.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Better Choice Company Inc (BTTR) | $7.96 Million | -4273.75% | 0.92x | $5.13 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $26.62 Million |
| Agape ATP Corporation Common Stock (ATPC) | $2.56 Million | -5.08% | 0.06x | $2.64 Million |
| B&G Foods Inc (BGS) | $453.22 Million | -9.54% | 5.26x | $341.75 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.34 Million | -202.92% | 4.49x | $47.10 Million |
| Bellring Brands LLC (BRBR) | $-376.20 Million | 0.00% | 0.00x | $1.05 Billion |
| BRC Inc. (BRCC) | $-102.88 Million | 0.00% | 0.00x | $152.11 Million |
| BRF SA ADR (BRFS) | $14.11 Billion | 9.69% | 1.12x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $126.33 Million | 35.67% | 0.40x | $70.16 Million |
| Borealis Foods Inc. (BRLS) | $28.08 Million | -36.04% | 1.04x | $29.83 Million |
About Better Choice Company Inc
Better Choice Company Inc. operates as a pet health and wellness company. The company's products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, and chews. It sells its products under the Halo brand umbrella, including Halo Holist… Read more