Happy Belly Food Group Inc.
Happy Belly Food Group Inc. operates as a multi-branded restaurant company that engages in acquiring and scaling emerging food brands across Canada. It operates through Consumer Product Goods and Quick Restaurant Services segments. The company produces and sells breakfast cereal and related food products under the Holy Crap brand; and snack food products under the Lumber Heads brand through retai… Read more
Happy Belly Food Group Inc. (HBFGF) - Net Assets
Latest net assets as of September 2025: $3.37 Million USD
Based on the latest financial reports, Happy Belly Food Group Inc. (HBFGF) has net assets worth $3.37 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 ($15.52 Million) and total liabilities ($12.15 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 | $3.37 Million |
| % of Total Assets | 21.72% |
| Annual Growth Rate | -14.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 58.43 |
Happy Belly Food Group Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Happy Belly Food 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 Happy Belly Food Group Inc. (2020–2024)
The table below shows the annual net assets of Happy Belly Food Group Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.43 Million | +533.75% |
| 2023-12-31 | $-560.35K | -171.23% |
| 2022-12-31 | $786.71K | -74.42% |
| 2021-12-31 | $3.07 Million | -31.55% |
| 2020-12-31 | $4.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Happy Belly Food 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 3355331800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $52.76 Million | 2423.75% |
| Total Equity | $2.18 Million | 100.00% |
Happy Belly Food Group Inc. Competitors by Market Cap
The table below lists competitors of Happy Belly Food Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioHarvest Sciences Inc. Common Stock
OTCQB:BHST
|
$95.65 Million |
|
Financiere Moncey S.A.
PA:FMONC
|
$95.66 Million |
|
Arsan Tekstil Ticaret ve Sanayi AS
IS:ARSAN
|
$95.66 Million |
|
Xplora Technologies As
OL:XPLRA
|
$95.72 Million |
|
Dohome Public Company Limited
BK:DOHOME
|
$95.62 Million |
|
CBRAIN AS DK -25
F:C6F
|
$95.61 Million |
|
FABRYKA FARB I LAK. ZY 1
F:695
|
$95.58 Million |
|
Wendt (India) Limited
NSE:WENDT
|
$95.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Happy Belly Food Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -723,223 to 2,176,961, a change of 2,900,184.
- Net loss of 2,356,632 reduced equity.
- Other factors increased equity by 5,256,816.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.36 Million | -108.25% |
| Other Changes | $5.26 Million | +241.47% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Happy Belly Food 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: 46.93x
- 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 12.15x to 46.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.07 | $0.81 | x |
| 2021-12-31 | $0.03 | $0.81 | x |
| 2022-12-31 | $0.01 | $0.81 | x |
| 2023-12-31 | $-0.01 | $0.81 | x |
| 2024-12-31 | $0.02 | $0.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Happy Belly Food 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): -108.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.99%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 4.29x
- Recent ROE (-108.25%) is above the historical average (-291.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -97.50% | 0.00% | 0.00x | 1.18x | $-4.83 Million |
| 2021 | -871.03% | -2209.10% | 0.33x | 1.20x | $-26.88 Million |
| 2022 | -382.83% | -100.31% | 0.64x | 5.98x | $-2.81 Million |
| 2023 | 0.00% | -35.52% | 0.92x | 0.00x | $-1.85 Million |
| 2024 | -108.25% | -25.99% | 0.97x | 4.29x | $-2.57 Million |
Industry Comparison
This section compares Happy Belly Food Group 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 |
|---|---|---|---|---|
| Happy Belly Food Group Inc. (HBFGF) | $3.37 Million | -97.50% | 3.60x | $95.65 Million |
| 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 |