VIVO Cannabis Inc
ABC arbitrage SA, together with its subsidiaries, develops arbitrage strategies for liquid assets in Europe, North America, Asia, and internationally. It develops liquidity, statistical, risk, and derivatives arbitrage strategies, as well as provides asset and portfolio management services. The company was incorporated in 1995 and is headquartered in Paris, France.
VIVO Cannabis Inc (ABCCF) - Net Assets
Latest net assets as of June 2025: $174.43 Million USD
Based on the latest financial reports, VIVO Cannabis Inc (ABCCF) has net assets worth $174.43 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($190.36 Million) and total liabilities ($15.93 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 | $174.43 Million |
| % of Total Assets | 91.63% |
| Annual Growth Rate | 38.31% |
| 5-Year Change | 6.56% |
| 10-Year Change | N/A |
| Growth Volatility | 108.33 |
VIVO Cannabis Inc - Net Assets Trend (2014–2024)
This chart illustrates how VIVO Cannabis 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 VIVO Cannabis Inc (2014–2024)
The table below shows the annual net assets of VIVO Cannabis Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $164.13 Million | +5.61% |
| 2023-12-31 | $155.41 Million | -3.86% |
| 2022-12-31 | $161.66 Million | +1.02% |
| 2021-12-31 | $160.02 Million | +3.89% |
| 2020-12-31 | $154.03 Million | +234.61% |
| 2017-12-31 | $46.03 Million | +3161.06% |
| 2016-12-31 | $-1.50 Million | -154.66% |
| 2015-12-31 | $2.75 Million | -57.05% |
| 2014-12-31 | $6.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VIVO Cannabis 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 14021465800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $133.61 Million | 81.40% |
| Other Components | $30.52 Million | 18.60% |
| Total Equity | $164.13 Million | 100.00% |
VIVO Cannabis Inc Competitors by Market Cap
The table below lists competitors of VIVO Cannabis Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARTRYA Ltd
AU:AYA
|
$148.36 Million |
|
AudioCodes Ltd
NASDAQ:AUDC
|
$148.38 Million |
|
Lanzhou Zhuangyuan Pasture Co Ltd
SHE:002910
|
$148.39 Million |
|
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.
IS:AHGAZ
|
$148.40 Million |
|
Albatron Technology Co Ltd
TWO:5386
|
$148.21 Million |
|
Shenyang Cuihua Gold and Silver Jewelry Co Ltd
SHE:002731
|
$148.12 Million |
|
Weihai Baihe Biology Technological Co. Ltd.
SHG:603102
|
$148.11 Million |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
$148.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VIVO Cannabis Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,409,000 to 164,129,000, a change of 8,720,000 (5.6%).
- Net income of 26,845,000 contributed positively to equity growth.
- Dividend payments of 17,785,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.84 Million | +16.36% |
| Dividends Paid | $17.79 Million | -10.84% |
| Other Changes | $-340.00K | -0.21% |
| Total Change | $- | 5.61% |
Book Value vs Market Value Analysis
This analysis compares VIVO Cannabis 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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $2.65 | $4.24 | x |
| 2021-12-31 | $2.70 | $4.24 | x |
| 2022-12-31 | $2.73 | $4.24 | x |
| 2023-12-31 | $2.61 | $4.24 | x |
| 2024-12-31 | $2.77 | $4.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VIVO Cannabis 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): 16.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.21%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.09x
- Recent ROE (16.36%) is above the historical average (-22.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -62.06% | -466112.54% | 0.00x | 1.16x | $-4.62 Million |
| 2015 | -159.99% | -5974.14% | 0.01x | 2.70x | $-4.68 Million |
| 2016 | 0.00% | -942.47% | 0.07x | 0.00x | $-6.08 Million |
| 2017 | -63.55% | -3156.62% | 0.01x | 1.87x | $-33.86 Million |
| 2020 | 22.78% | 50.80% | 0.40x | 1.12x | $19.69 Million |
| 2021 | 17.52% | 43.59% | 0.35x | 1.16x | $12.04 Million |
| 2022 | 18.03% | 47.50% | 0.33x | 1.16x | $12.98 Million |
| 2023 | 10.60% | 41.46% | 0.23x | 1.11x | $940.10K |
| 2024 | 16.36% | 52.21% | 0.29x | 1.09x | $10.43 Million |
Industry Comparison
This section compares VIVO Cannabis Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $326,750,937
- Average return on equity (ROE) among peers: -28.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VIVO Cannabis Inc (ABCCF) | $174.43 Million | -62.06% | 0.09x | $148.26 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |