Simply Better Brands Corp.
TRUBAR Inc. operates as a consumer products company with diversified assets in the plant-based and wellness consumer product categories in Canada. The company offers protein and nutritious bars under the Tru and TRUBAR brands through online in the U.S. and Canada, as well as through retailers; and skin care products under the No BS brand. The company was formerly known as Simply Better Brands Cor… Read more
Simply Better Brands Corp. (SBBCF) - Net Assets
Latest net assets as of September 2025: $5.93 Million USD
Based on the latest financial reports, Simply Better Brands Corp. (SBBCF) has net assets worth $5.93 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 ($32.67 Million) and total liabilities ($26.75 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 | $5.93 Million |
| % of Total Assets | 18.14% |
| Annual Growth Rate | -11.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 250.45 |
Simply Better Brands Corp. - Net Assets Trend (2019–2024)
This chart illustrates how Simply Better Brands 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 Simply Better Brands Corp. (2019–2024)
The table below shows the annual net assets of Simply Better Brands Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.28 Million | +116.76% |
| 2023-12-31 | $-7.64 Million | -168.58% |
| 2022-12-31 | $11.14 Million | +642.16% |
| 2021-12-31 | $-2.05 Million | +85.01% |
| 2020-12-31 | $-13.71 Million | -669.48% |
| 2019-12-31 | $2.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Simply Better Brands 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 5511.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $66.94 Million | 4054.29% |
| Total Equity | $1.65 Million | 100.00% |
Simply Better Brands Corp. Competitors by Market Cap
The table below lists competitors of Simply Better Brands Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grazziotin S.A
SA:CGRA3
|
$60.47 Million |
|
Yesco Holdings Co. Ltd
KO:015360
|
$60.49 Million |
|
Daejoo Inc
KQ:003310
|
$60.49 Million |
|
Syncom Formulations (India) Limited
NSE:SYNCOMF
|
$60.50 Million |
|
Thermador Groupe SA
PA:THEP
|
$60.45 Million |
|
TK Chemical Corporation
KQ:104480
|
$60.43 Million |
|
Talisker Resources Ltd
OTCQX:TSKFF
|
$60.43 Million |
|
PYRUM INNOV.AG NA O.N.
F:PYR
|
$60.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simply Better Brands Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,626,709 to 1,650,974, a change of 5,277,683.
- Net loss of 377,013 reduced equity.
- New share issuances of 2,718,262 increased equity.
- Other factors increased equity by 2,936,434.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-377.01K | -22.84% |
| Share Issuances | $2.72 Million | +164.65% |
| Other Changes | $2.94 Million | +177.86% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Simply Better Brands 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: 41.50x
- 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 12.21x to 41.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.06 | $0.70 | x |
| 2020-12-31 | $-0.69 | $0.70 | x |
| 2021-12-31 | $-0.02 | $0.70 | x |
| 2022-12-31 | $0.30 | $0.70 | x |
| 2023-12-31 | $-0.05 | $0.70 | x |
| 2024-12-31 | $0.02 | $0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simply Better Brands 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): -22.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.83%
- • Asset Turnover: 1.76x
- • Equity Multiplier: 15.58x
- Recent ROE (-22.84%) is below the historical average (19.82%), 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 | 239.81% | 11.43% | 6.81x | 3.08x | $2.77 Million |
| 2020 | 0.00% | -15.98% | 1.14x | 0.00x | $-756.76K |
| 2021 | 0.00% | -82.07% | 0.72x | 0.00x | $-12.76 Million |
| 2022 | -98.06% | -18.88% | 1.79x | 2.91x | $-13.61 Million |
| 2023 | 0.00% | -90.60% | 1.37x | 0.00x | $-23.89 Million |
| 2024 | -22.84% | -0.83% | 1.76x | 15.58x | $-542.11K |
Industry Comparison
This section compares Simply Better Brands Corp.'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 |
|---|---|---|---|---|
| Simply Better Brands Corp. (SBBCF) | $5.93 Million | 239.81% | 4.51x | $60.46 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 |