American Cannabis Company Inc
American Cannabis Company, Inc., together with its subsidiary, Hollister & Blacksmith, Inc., provides solutions for businesses operating in the regulated cannabis industry in the United States and Canada. The company offers consulting services for companies associated with the cannabis industry in various stages of development, such as cannabis business planning, license applications, growth stra… Read more
American Cannabis Company Inc (AMMJ) - Net Assets
Latest net assets as of December 2024: $-635.95K USD
Based on the latest financial reports, American Cannabis Company Inc (AMMJ) has net assets worth $-635.95K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.12 Million) and total liabilities ($2.76 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 | $-635.95K |
| % of Total Assets | -29.98% |
| Annual Growth Rate | -24.24% |
| 5-Year Change | -99.82% |
| 10-Year Change | -98.16% |
| Growth Volatility | 178.91 |
American Cannabis Company Inc - Net Assets Trend (1997–2023)
This chart illustrates how American Cannabis Company 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 American Cannabis Company Inc (1997–2023)
The table below shows the annual net assets of American Cannabis Company Inc from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.55K | -99.92% |
| 2022-12-31 | $1.87 Million | -11.77% |
| 2021-12-31 | $2.12 Million | +30.22% |
| 2020-12-31 | $1.63 Million | +84.99% |
| 2019-12-31 | $879.59K | -12.51% |
| 2018-12-31 | $1.01 Million | +28.65% |
| 2017-12-31 | $781.46K | +19.32% |
| 2016-12-31 | $654.93K | +374.97% |
| 2015-12-31 | $137.89K | +63.46% |
| 2014-12-31 | $84.36K | +107.00% |
| 2013-12-31 | $-1.21 Million | -1685.75% |
| 2012-12-31 | $-67.51K | +97.68% |
| 2009-12-31 | $-2.91 Million | +46.95% |
| 2008-12-31 | $-5.49 Million | +3.74% |
| 2007-12-31 | $-5.70 Million | -35.28% |
| 2006-12-31 | $-4.22 Million | -15.09% |
| 2005-12-31 | $-3.66 Million | +13.08% |
| 2004-12-31 | $-4.22 Million | +0.60% |
| 2003-12-31 | $-4.24 Million | -101.91% |
| 2002-12-31 | $-2.10 Million | -35.04% |
| 2001-12-31 | $-1.56 Million | -497.05% |
| 2000-12-31 | $391.70K | -69.40% |
| 1999-12-31 | $1.28 Million | -36.00% |
| 1998-12-31 | $2.00 Million | -5.21% |
| 1997-12-31 | $2.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Cannabis Company 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 321112500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.71K | 110.58% |
| Other Components | $13.74 Million | 886513.61% |
| Total Equity | $1.55K | 100.00% |
American Cannabis Company Inc Competitors by Market Cap
The table below lists competitors of American Cannabis Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENERGY ONE
BE:E8R
|
$92.92K |
|
Woodbridge Ventures II Inc.
V:WOOD-P
|
$92.96K |
|
Development Technologies Corp
PINK:DVTC
|
$92.96K |
|
BIII-UN
NYSE:BIII-UN
|
$92.99K |
|
Inventis Ltd
AU:IVT
|
$92.87K |
|
BCCB
OTCQB:BCCB
|
$92.85K |
|
KANEMATSU CORP
BE:S3K
|
$92.84K |
|
Jesmond Capital Ltd
V:JES-P
|
$92.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Cannabis Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,869,622 to 1,550, a change of -1,868,072 (-99.9%).
- Net loss of 3,660,000 reduced equity.
- Other factors increased equity by 1,791,928.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.66 Million | -236129.03% |
| Other Changes | $1.79 Million | +115608.26% |
| Total Change | $- | -99.92% |
Book Value vs Market Value Analysis
This analysis compares American Cannabis Company 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: 70.91x
- 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 0.00x to 70.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $879.30 | $0.00 | x |
| 1998-12-31 | $833.68 | $0.00 | x |
| 1999-12-31 | $535.05 | $0.00 | x |
| 2000-12-31 | $29.01 | $0.00 | x |
| 2001-12-31 | $-207.49 | $0.00 | x |
| 2002-12-31 | $-336.22 | $0.00 | x |
| 2003-12-31 | $-341.02 | $0.00 | x |
| 2004-12-31 | $-301.92 | $0.00 | x |
| 2005-12-31 | $-262.44 | $0.00 | x |
| 2006-12-31 | $-290.35 | $0.00 | x |
| 2007-12-31 | $-149.53 | $0.00 | x |
| 2008-12-31 | $-19.02 | $0.00 | x |
| 2009-12-31 | $-9.98 | $0.00 | x |
| 2010-12-31 | $-9.73 | $0.00 | x |
| 2012-12-31 | $-0.81 | $0.00 | x |
| 2013-12-31 | $-0.06 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.01 | $0.00 | x |
| 2017-12-31 | $0.02 | $0.00 | x |
| 2018-12-31 | $0.02 | $0.00 | x |
| 2019-12-31 | $0.02 | $0.00 | x |
| 2020-12-31 | $0.03 | $0.00 | x |
| 2021-12-31 | $0.03 | $0.00 | x |
| 2022-12-31 | $0.02 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Cannabis Company 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): -236129.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -147.82%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1825.21x
- Recent ROE (-236129.03%) is below the historical average (-9457.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -137.74% | -1717.65% | 0.05x | 1.48x | $-3.13 Million |
| 1998 | -35.32% | -1014.29% | 0.02x | 1.51x | $-911.00K |
| 1999 | -161.94% | -2272.41% | 0.03x | 2.22x | $-2.22 Million |
| 2000 | -4216.13% | -3226.50% | 0.07x | 19.46x | $-2.97 Million |
| 2001 | 0.00% | -15067.34% | 0.05x | 0.00x | $-3.08 Million |
| 2002 | 0.00% | -431.78% | 0.33x | 0.00x | $-1.82 Million |
| 2003 | 0.00% | -341.08% | 0.14x | 0.00x | $110.63K |
| 2004 | 0.00% | -510.09% | 0.19x | 0.00x | $57.54K |
| 2005 | 0.00% | -1533.56% | 0.12x | 0.00x | $-421.89K |
| 2006 | 0.00% | -806.46% | 0.55x | 0.00x | $-1.88 Million |
| 2007 | 0.00% | -806.36% | 0.64x | 0.00x | $-1.73 Million |
| 2008 | 0.00% | -2.66% | 149.18x | 0.00x | $503.92K |
| 2009 | 0.00% | -30.95% | 21.28x | 0.00x | $-234.92K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $383.73K |
| 2012 | 0.00% | -8.33% | 3.44x | 0.00x | $-322.25K |
| 2013 | 0.00% | -57.93% | 10.59x | 0.00x | $-4.38 Million |
| 2014 | -4290.00% | -287.45% | 2.68x | 5.57x | $-3.63 Million |
| 2015 | -374.21% | -18.43% | 3.83x | 5.30x | $-529.79K |
| 2016 | -92.22% | -38.69% | 1.59x | 1.50x | $-669.49K |
| 2017 | -190.47% | -60.93% | 1.31x | 2.38x | $-1.57 Million |
| 2018 | -94.60% | -96.81% | 0.77x | 1.27x | $-1.05 Million |
| 2019 | -34.33% | -14.17% | 1.77x | 1.37x | $-389.96K |
| 2020 | -32.69% | -33.89% | 0.83x | 1.16x | $-694.72K |
| 2021 | -67.91% | -59.34% | 0.57x | 1.99x | $-1.65 Million |
| 2022 | -33.86% | -3.37% | 4.07x | 2.47x | $-819.96K |
| 2023 | -236129.03% | -147.82% | 0.88x | 1825.21x | $-3.66 Million |
Industry Comparison
This section compares American Cannabis Company Inc's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $2,736,294,360,473
- Average return on equity (ROE) among peers: 17.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Cannabis Company Inc (AMMJ) | $-635.95K | -137.74% | N/A | $92.90K |
| British American Tobacco p.l.c. (BTI) | $75.71 Billion | 8.80% | 1.03x | $123.65 Billion |
| 1606 Corp. (CBDW) | $-595.05K | 0.00% | 0.00x | $850.32K |
| Charlie's Holdings Inc. (CHUC) | $-1.78 Million | 0.00% | 0.00x | $6.72 Million |
| Cartel Blue Inc (CRTL) | $877.30K | -2.10% | 0.04x | $194.76 |
| Eco-Growth Strategies Inc (ECGS) | $-8.24 Million | 0.00% | 0.00x | $1.13K |
| PT Gudang Garam Tbk (GDNGY) | $24.55 Trillion | 20.20% | 0.59x | $1.07 Billion |
| Globrands Ltd (GLBGF) | $55.62 Million | 130.79% | 3.84x | $53.17 Million |
| Greenlane Holdings Inc (GNLN) | $-11.06 Million | 0.00% | 0.00x | $946.10K |
| Gold Flora Corp (GRAMW) | $-23.58 Million | 0.00% | 0.00x | $287.49K |