Alliance Growers Corp
Alliance Growers Corp. engages in acquiring investments in and developing projects in the medical cannabis sector in British Columbia. The company is headquartered in Vancouver, Canada.
Alliance Growers Corp (ALGWF) - Net Assets
Latest net assets as of May 2019: $3.05 Million USD
Based on the latest financial reports, Alliance Growers Corp (ALGWF) has net assets worth $3.05 Million USD as of May 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.47 Million) and total liabilities ($413.13K). 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 | $3.05 Million |
| % of Total Assets | 88.08% |
| Annual Growth Rate | 73.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 769.01 |
Alliance Growers Corp - Net Assets Trend (2014–2018)
This chart illustrates how Alliance Growers Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alliance Growers Corp (2014–2018)
The table below shows the annual net assets of Alliance Growers Corp from 2014 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-08-31 | $2.55 Million | +1431.91% |
| 2017-08-31 | $166.39K | +220.62% |
| 2016-08-31 | $-137.95K | -698.78% |
| 2015-08-31 | $-17.27K | -106.12% |
| 2014-08-31 | $282.29K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alliance Growers Corp'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 778660300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.82 Million | 228.48% |
| Other Components | $4.62 Million | 181.21% |
| Total Equity | $2.55 Million | 100.00% |
Alliance Growers Corp Competitors by Market Cap
The table below lists competitors of Alliance Growers Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRANSGENE
BE:TGNA
|
$8.43K |
|
VinhPhuc Infrastructure Development JSC
VN:IDV
|
$8.43K |
|
SINOPEC ENG -H-
MU:1NS
|
$8.43K |
|
Krung Thai Bank PCL
STU:NVPB
|
$8.44K |
|
CHINA UNICOM (HK)
MU:XCI
|
$8.42K |
|
Joey New York Inc
PINK:JOEY
|
$8.41K |
|
JHDA
LSE:JHDA
|
$8.40K |
|
ARPRF
PINK:ARPRF
|
$8.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alliance Growers Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 166,390 to 2,548,948, a change of 2,382,558 (1431.9%).
- Net loss of 4,688,469 reduced equity.
- Share repurchases of 119,597 reduced equity.
- New share issuances of 1,815,756 increased equity.
- Other factors increased equity by 5,374,868.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.69 Million | -183.94% |
| Share Repurchases | $119.60K | -4.69% |
| Share Issuances | $1.82 Million | +71.24% |
| Other Changes | $5.37 Million | +210.87% |
| Total Change | $- | 1431.91% |
Book Value vs Market Value Analysis
This analysis compares Alliance Growers Corp'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: 0.00x
- 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 |
|---|---|---|---|
| 2017-08-31 | $0.00 | $0.00 | x |
| 2018-08-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alliance Growers Corp 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): -183.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-183.94%) is above the historical average (-279.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -114.20% | 0.00% | 0.00x | 1.06x | $-350.61K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-987.90K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-264.66K |
| 2017 | -1099.86% | 0.00% | 0.00x | 2.94x | $-1.85 Million |
| 2018 | -183.94% | 0.00% | 0.00x | 1.15x | $-4.94 Million |
Industry Comparison
This section compares Alliance Growers Corp's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alliance Growers Corp (ALGWF) | $3.05 Million | -114.20% | 0.14x | $8.42K |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |