Numinus Wellness Inc
Numinus Wellness Inc. provides psychedelic-assisted therapy training, lab testing, and psychotherapy services in Canada and the United States. The company operates through Clinical Research Operations and Practitioner Training segments. It also provides clinical research management services to academic institutions and biotechnology companies. In addition, the company engages in the provision of … Read more
Numinus Wellness Inc (NUMIF) - Net Assets
Latest net assets as of May 2025: $-1.55 Million USD
Based on the latest financial reports, Numinus Wellness Inc (NUMIF) has net assets worth $-1.55 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.29 Million) and total liabilities ($5.84 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 | $-1.55 Million |
| % of Total Assets | -36.27% |
| Annual Growth Rate | -11.89% |
| 5-Year Change | -74.09% |
| 10-Year Change | N/A |
| Growth Volatility | 840.76 |
Numinus Wellness Inc - Net Assets Trend (2019–2024)
This chart illustrates how Numinus Wellness 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 Numinus Wellness Inc (2019–2024)
The table below shows the annual net assets of Numinus Wellness Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $725.43K | -94.84% |
| 2023-08-31 | $14.05 Million | -65.91% |
| 2022-08-31 | $41.21 Million | -32.25% |
| 2021-08-31 | $60.83 Million | +2072.90% |
| 2020-08-31 | $2.80 Million | +104.90% |
| 2019-08-31 | $1.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Numinus Wellness 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 12315561200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $137.23 Million | 18917.71% |
| Total Equity | $725.43K | 100.00% |
Numinus Wellness Inc Competitors by Market Cap
The table below lists competitors of Numinus Wellness Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kali Metals Ltd
AU:KM1
|
$5.26 Million |
|
Global IBO Group Ltd
NASDAQ:GIBO
|
$5.26 Million |
|
Victor Group Holdings Ltd
AU:VIG
|
$5.26 Million |
|
Renrenle Commercial Group Co Ltd
SHE:002336
|
$5.26 Million |
|
JAPAN PRIME REALTY INV.
F:58JA
|
$5.25 Million |
|
ZALEKTA PUBLIC COMPANY LIMITED
BK:ZAA
|
$5.25 Million |
|
One Click Group Ltd
AU:1CG
|
$5.25 Million |
|
PREMIER1 Lithium Ltd
AU:PLC
|
$5.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Numinus Wellness Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,048,706 to 725,430, a change of -13,323,276 (-94.8%).
- Net loss of 19,642,839 reduced equity.
- New share issuances of 5,310,061 increased equity.
- Other factors increased equity by 1,009,502.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.64 Million | -2707.75% |
| Share Issuances | $5.31 Million | +731.99% |
| Other Changes | $1.01 Million | +139.16% |
| Total Change | $- | -94.84% |
Book Value vs Market Value Analysis
This analysis compares Numinus Wellness 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: 7.51x
- 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 0.58x to 7.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-08-31 | $0.03 | $0.02 | x |
| 2021-08-31 | $0.30 | $0.02 | x |
| 2022-08-31 | $0.16 | $0.02 | x |
| 2023-08-31 | $0.05 | $0.02 | x |
| 2024-08-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Numinus Wellness 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): -2707.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -471.23%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 14.85x
- Recent ROE (-2707.75%) is below the historical average (-656.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -532.01% | -6763.12% | 0.03x | 2.25x | $-7.41 Million |
| 2020 | -342.94% | -1089.51% | 0.17x | 1.83x | $-9.88 Million |
| 2021 | -30.86% | -1240.29% | 0.02x | 1.05x | $-24.86 Million |
| 2022 | -108.90% | -691.12% | 0.12x | 1.28x | $-49.00 Million |
| 2023 | -215.37% | -806.23% | 0.15x | 1.73x | $-31.66 Million |
| 2024 | -2707.75% | -471.23% | 0.39x | 14.85x | $-19.72 Million |
Industry Comparison
This section compares Numinus Wellness Inc's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Numinus Wellness Inc (NUMIF) | $-1.55 Million | -532.01% | N/A | $5.26 Million |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |