Americann Inc
AmeriCann, Inc. designs, develops, leases, and operates cannabis cultivation, processing, and manufacturing facilities in the United States. The company's flagship project is the Massachusetts Cannabis Center that is developed on a 52.6 -acre parcel of undeveloped land located in Freetown, Massachusetts. It also provides medical cannabis and adult-use cannabis. The company was formerly known as N… Read more
Americann Inc (ACAN) - Net Assets
Latest net assets as of December 2024: $3.15 Million USD
Based on the latest financial reports, Americann Inc (ACAN) has net assets worth $3.15 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.14 Million) and total liabilities ($6.99 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 | $3.15 Million |
| % of Total Assets | 31.1% |
| Annual Growth Rate | 5.35% |
| 5-Year Change | -24.18% |
| 10-Year Change | 238.64% |
| Growth Volatility | 105.07 |
Americann Inc - Net Assets Trend (2014–2024)
This chart illustrates how Americann 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 Americann Inc (2014–2024)
The table below shows the annual net assets of Americann Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $4.45 Million | -21.98% |
| 2023-09-30 | $5.71 Million | -1.63% |
| 2022-09-30 | $5.80 Million | +5.29% |
| 2021-09-30 | $5.51 Million | -6.18% |
| 2020-09-30 | $5.87 Million | -3.88% |
| 2019-09-30 | $6.11 Million | -10.54% |
| 2018-09-30 | $6.83 Million | +199.01% |
| 2017-09-30 | $2.28 Million | +275.08% |
| 2016-09-30 | $609.02K | -53.69% |
| 2015-09-30 | $1.31 Million | -50.26% |
| 2014-09-30 | $2.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Americann 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 2043777300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.44K | 0.05% |
| Other Components | $25.56 Million | 573.95% |
| Total Equity | $4.45 Million | 100.00% |
Americann Inc Competitors by Market Cap
The table below lists competitors of Americann Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Missfresh Limited
PINK:MFLTY
|
$2.44K |
|
Ekobox
WAR:EBX
|
$2.44K |
|
Atlas Insurance Ltd
KAR:ATIL
|
$2.44K |
|
Janana De Malucho Textile Mills Ltd
KAR:JDMT
|
$2.45K |
|
Atomic Jelly S.A.
WAR:ATJ
|
$2.44K |
|
Molecular Data Inc.
PINK:MKDTY
|
$2.44K |
|
Bosera CMSK Industrial Park
SHE:180101
|
$2.43K |
|
Nozha International Hospital
EGX:NINH
|
$2.43K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Americann Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,707,357 to 4,453,028, a change of -1,254,329 (-22.0%).
- Net loss of 1,254,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.25 Million | -28.16% |
| Other Changes | $-329.00 | -0.01% |
| Total Change | $- | -21.98% |
Book Value vs Market Value Analysis
This analysis compares Americann 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: 0.10x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-09-30 | $-0.06 | $0.02 | x |
| 2012-09-30 | $0.00 | $0.02 | x |
| 2013-09-30 | $0.00 | $0.02 | x |
| 2014-09-30 | $0.17 | $0.02 | x |
| 2015-09-30 | $0.08 | $0.02 | x |
| 2016-09-30 | $0.04 | $0.02 | x |
| 2017-09-30 | $0.12 | $0.02 | x |
| 2018-09-30 | $0.34 | $0.02 | x |
| 2019-09-30 | $0.27 | $0.02 | x |
| 2020-09-30 | $0.25 | $0.02 | x |
| 2021-09-30 | $0.23 | $0.02 | x |
| 2022-09-30 | $0.24 | $0.02 | x |
| 2023-09-30 | $0.23 | $0.02 | x |
| 2024-09-30 | $0.18 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Americann 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): -28.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -98.35%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 3.16x
- Recent ROE (-28.16%) is above the historical average (-59.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 155.28% | 0.00% | 0.00x | 0.00x | $2.34K |
| 2014 | -49.23% | -4337.91% | 0.01x | 1.34x | $-1.57 Million |
| 2015 | -131.48% | -1235.00% | 0.04x | 3.04x | $-1.86 Million |
| 2016 | -363.04% | -3685.00% | 0.01x | 7.18x | $-2.27 Million |
| 2017 | -121.35% | -6930.00% | 0.01x | 2.65x | $-3.00 Million |
| 2018 | -64.90% | 0.00% | 0.00x | 1.38x | $-5.12 Million |
| 2019 | -80.25% | -42407.47% | 0.00x | 1.93x | $-5.52 Million |
| 2020 | -12.07% | -140.81% | 0.03x | 2.53x | $-1.30 Million |
| 2021 | -15.66% | -42.53% | 0.13x | 2.73x | $-1.41 Million |
| 2022 | -2.98% | -5.91% | 0.19x | 2.66x | $-753.21K |
| 2023 | -1.66% | -3.71% | 0.17x | 2.66x | $-665.49K |
| 2024 | -28.16% | -98.35% | 0.09x | 3.16x | $-1.70 Million |
Industry Comparison
This section compares Americann Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $955,892,071
- Average return on equity (ROE) among peers: -5.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Americann Inc (ACAN) | $3.15 Million | 155.28% | 2.22x | $2.44K |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |