NEXE Innovations Inc
NEXE Innovations Inc. manufactures and sells plant-based single-serve coffee pods for use in single-serve coffee machines in Canada. NEXE Innovations Inc. was founded in 2015 and is headquartered in Surrey, Canada.
NEXE Innovations Inc (NEXNF) - Net Assets
Latest net assets as of November 2025: $29.19 Million USD
Based on the latest financial reports, NEXE Innovations Inc (NEXNF) has net assets worth $29.19 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.04 Million) and total liabilities ($2.85 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 | $29.19 Million |
| % of Total Assets | 91.11% |
| Annual Growth Rate | 209.27% |
| 5-Year Change | 416.82% |
| 10-Year Change | N/A |
| Growth Volatility | 2107.05 |
NEXE Innovations Inc - Net Assets Trend (2019–2024)
This chart illustrates how NEXE Innovations 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 NEXE Innovations Inc (2019–2024)
The table below shows the annual net assets of NEXE Innovations Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | $33.60 Million | -14.93% |
| 2023-05-31 | $39.49 Million | -11.84% |
| 2022-05-31 | $44.79 Million | -14.42% |
| 2021-05-31 | $52.34 Million | +705.14% |
| 2020-05-31 | $6.50 Million | +5387.42% |
| 2019-05-31 | $118.46K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEXE Innovations 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 4406961200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $77.67 Million | 231.20% |
| Total Equity | $33.60 Million | 100.00% |
NEXE Innovations Inc Competitors by Market Cap
The table below lists competitors of NEXE Innovations Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dragonfly GF Co. Ltd
KQ:030350
|
$9.22 Million |
|
Clean Seas Seafood Limited
PINK:CTUNF
|
$9.22 Million |
|
Shinsegae Cons
KO:034300
|
$9.23 Million |
|
SenSen Networks Limited
PINK:SNNSF
|
$9.23 Million |
|
Biocardia Inc
NASDAQ:BCDA
|
$9.22 Million |
|
Nextlink Technology Co., Limited
TWO:6997
|
$9.21 Million |
|
HP Adhesives Limited
NSE:HPAL
|
$9.21 Million |
|
Janfusun Fancyworld
TWO:5701
|
$9.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEXE Innovations Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,490,388 to 33,595,067, a change of -5,895,321 (-14.9%).
- Net loss of 6,530,597 reduced equity.
- Other comprehensive income decreased equity by 2,139,225.
- Other factors increased equity by 2,774,501.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.53 Million | -19.44% |
| Other Comprehensive Income | $-2.14 Million | -6.37% |
| Other Changes | $2.77 Million | +8.26% |
| Total Change | $- | -14.93% |
Book Value vs Market Value Analysis
This analysis compares NEXE Innovations 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: 0.48x
- 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.
- The price-to-book ratio has decreased from 4.18x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-05-31 | $0.04 | $0.16 | x |
| 2020-05-31 | $0.10 | $0.16 | x |
| 2021-05-31 | $1.13 | $0.16 | x |
| 2022-05-31 | $0.46 | $0.16 | x |
| 2023-05-31 | $0.41 | $0.16 | x |
| 2024-05-31 | $0.35 | $0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEXE Innovations 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): -19.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4375.20%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-19.44%) is above the historical average (-20.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -5.52% | 0.00% | 0.00x | 1.05x | $-18.39K |
| 2020 | -33.65% | 0.00% | 0.00x | 1.33x | $-2.84 Million |
| 2021 | -32.82% | -63658.89% | 0.00x | 1.10x | $-22.41 Million |
| 2022 | -18.62% | -30904.59% | 0.00x | 1.10x | $-12.82 Million |
| 2023 | -15.54% | -12333.83% | 0.00x | 1.10x | $-10.09 Million |
| 2024 | -19.44% | -4375.20% | 0.00x | 1.09x | $-9.89 Million |
Industry Comparison
This section compares NEXE Innovations Inc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEXE Innovations Inc (NEXNF) | $29.19 Million | -5.52% | 0.10x | $9.22 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $605.72 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.72 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.11 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.41 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.67 Billion |