Emergence Global Enterprises Inc
Emergence Global Enterprises Inc. develops and distributes natural health foods, supplements, and sports nutrition specialty supplements in North America. The company was formerly known as Velocity Data Inc. and changed its name to Emergence Global Enterprises Inc. in February 2020. Emergence Global Enterprises Inc. was incorporated in 2011 and is based in Vancouver, Canada.
Emergence Global Enterprises Inc (ELOAF) - Net Assets
Latest net assets as of July 2022: $4.24 Million USD
Based on the latest financial reports, Emergence Global Enterprises Inc (ELOAF) has net assets worth $4.24 Million USD as of July 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.31 Million) and total liabilities ($3.07 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 | $4.24 Million |
| % of Total Assets | 58.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Emergence Global Enterprises Inc - Net Assets Trend (2017–2021)
This chart illustrates how Emergence Global Enterprises 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 Emergence Global Enterprises Inc (2017–2021)
The table below shows the annual net assets of Emergence Global Enterprises Inc from 2017 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-10-31 | $2.82 Million | +399.84% |
| 2020-10-31 | $-939.76K | +87.15% |
| 2019-10-31 | $-7.31 Million | -5.55% |
| 2018-10-31 | $-6.93 Million | -4.49% |
| 2017-10-31 | $-6.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Emergence Global Enterprises 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 grown by 512359500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.82 Million | 171.05% |
| Other Components | $402.28K | 14.28% |
| Total Equity | $2.82 Million | 100.00% |
Emergence Global Enterprises Inc Competitors by Market Cap
The table below lists competitors of Emergence Global Enterprises Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EUIG
BATS:EUIG
|
$482.31K |
|
Koios Beverage Corp
PINK:FITSF
|
$482.55K |
|
SKYWORKS SOLUTIONS - Dusseldorf Stock Exchang
DU:AWM
|
$482.73K |
|
VFUCF
PINK:VFUCF
|
$482.76K |
|
PURANIUM ENERGY LTD.
F:2DK
|
$482.09K |
|
ProShares Ultra Top QQQ
NASDAQ:QQUP
|
$481.56K |
|
ON SEMICONDUCTOR (XS4.SG)
STU:XS4
|
$481.42K |
|
NEWGOLD COMMODITY
SEM:NGLD
|
$481.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Emergence Global Enterprises Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -939,762 to 2,817,760, a change of 3,757,522.
- Net loss of 282,640 reduced equity.
- Other factors increased equity by 4,040,162.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-282.64K | -10.03% |
| Other Changes | $4.04 Million | +143.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Emergence Global Enterprises 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: 0.06x
- 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 |
|---|---|---|---|
| 2017-10-31 | $-0.68 | $0.01 | x |
| 2018-10-31 | $-0.43 | $0.01 | x |
| 2019-10-31 | $-0.45 | $0.01 | x |
| 2020-10-31 | $-0.06 | $0.01 | x |
| 2021-10-31 | $0.14 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Emergence Global Enterprises 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): -10.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.68%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.79x
- Recent ROE (-10.03%) is below the historical average (-2.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -52.89% | 97.04x | 0.00x | $-48.79K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $128.31K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $347.63K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $6.45 Million |
| 2021 | -10.03% | -14.68% | 0.38x | 1.79x | $-564.42K |
Industry Comparison
This section compares Emergence Global Enterprises 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 |
|---|---|---|---|---|
| Emergence Global Enterprises Inc (ELOAF) | $4.24 Million | 0.00% | 0.72x | $482.15K |
| 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 |