Avenir Wellness Solutions Inc.
Avenir Wellness Solutions, Inc., together with its subsidiary, The Sera Labs, Inc., engages in the development of nutraceutical formulation and delivery technologies in dosage forms for wellness. The company offers its products in the health, wellness, and beauty sectors under the Seratopical, Seratopical Revolution SeraLabs, and Nutri-Strips brand names. It sells its products to direct-to-consum… Read more
Avenir Wellness Solutions Inc. (AVRW) - Net Assets
Latest net assets as of September 2024: $-12.55 Million USD
Based on the latest financial reports, Avenir Wellness Solutions Inc. (AVRW) has net assets worth $-12.55 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($748.00K) and total liabilities ($13.30 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 | $-12.55 Million |
| % of Total Assets | -1677.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 72.85 |
Avenir Wellness Solutions Inc. - Net Assets Trend (2019–2023)
This chart illustrates how Avenir Wellness Solutions 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 Avenir Wellness Solutions Inc. (2019–2023)
The table below shows the annual net assets of Avenir Wellness Solutions Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-9.89 Million | -39.14% |
| 2022-12-31 | $-7.11 Million | -144.10% |
| 2021-12-31 | $16.11 Million | -24.28% |
| 2020-12-31 | $21.28 Million | +30.34% |
| 2019-12-31 | $16.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avenir Wellness Solutions 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 7276700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $78.00K | % |
| Other Components | $113.44 Million | % |
| Total Equity | $-9.89 Million | 100.00% |
Avenir Wellness Solutions Inc. Competitors by Market Cap
The table below lists competitors of Avenir Wellness Solutions Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sung Bo Chemicals Co. Ltd.
KQ:003080
|
$16.64K |
|
SINGULUS TECHNOLOGI
MU:SNG
|
$16.64K |
|
iVision Tech S.p.A.
F:O42
|
$16.65K |
|
Tuxis Corporation
PINK:TUXS
|
$16.65K |
|
GTI
NYSE:GTI
|
$16.61K |
|
YANTAI NORTH -H- (YNA1.SG)
STU:YNA1
|
$16.61K |
|
HANG LUNG GRP
MU:HLU
|
$16.60K |
|
Abou Kir Fertilizers
EGX:ABUK
|
$16.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avenir Wellness Solutions Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -7,105,000 to -9,886,000, a change of -2,781,000.
- Net loss of 3,444,000 reduced equity.
- Other comprehensive income decreased equity by 308,000.
- Other factors increased equity by 971,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.44 Million | -34.84% |
| Other Comprehensive Income | $-308.00K | -3.12% |
| Other Changes | $971.00K | +9.82% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Avenir Wellness Solutions 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.29 | $0.02 | x |
| 2020-12-31 | $0.45 | $0.02 | x |
| 2021-12-31 | $0.26 | $0.02 | x |
| 2022-12-31 | $-0.10 | $0.02 | x |
| 2023-12-31 | $-0.14 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avenir Wellness Solutions 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.23%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-76.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -158.16% | -3429.05% | 0.02x | 2.40x | $-22.71 Million |
| 2020 | -143.90% | -1492.98% | 0.04x | 2.18x | $-32.75 Million |
| 2021 | -81.88% | -217.06% | 0.15x | 2.52x | $-14.80 Million |
| 2022 | 0.00% | -521.02% | 0.71x | 0.00x | $-24.80 Million |
| 2023 | 0.00% | -79.23% | 1.67x | 0.00x | $-2.46 Million |
Industry Comparison
This section compares Avenir Wellness Solutions Inc.'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 |
|---|---|---|---|---|
| Avenir Wellness Solutions Inc. (AVRW) | $-12.55 Million | -158.16% | N/A | $16.61K |
| 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 |