Big Rock Brewery Inc
Big Rock Brewery Inc. produces, markets, and distributes craft beers, ciders, and other alcoholic and non-alcoholic beverages primarily in Canada. It operates in two segments, Wholesale and Retail. The company offers a selection of beer, ciders, and ready-to-drink beverages under the Big Rock, Tree Brewing, Pacer, Rock Creek Cider, Dukes Cider, AGD, Shaftebury, Bow Valley, White Peaks, and Cottag… Read more
Big Rock Brewery Inc (BRBMF) - Net Assets
Latest net assets as of September 2025: $18.54 Million USD
Based on the latest financial reports, Big Rock Brewery Inc (BRBMF) has net assets worth $18.54 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 ($34.22 Million) and total liabilities ($15.67 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 | $18.54 Million |
| % of Total Assets | 54.2% |
| Annual Growth Rate | 3.29% |
| 5-Year Change | -73.59% |
| 10-Year Change | -75.5% |
| Growth Volatility | 28.01 |
Big Rock Brewery Inc - Net Assets Trend (1991–2024)
This chart illustrates how Big Rock Brewery 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 Big Rock Brewery Inc (1991–2024)
The table below shows the annual net assets of Big Rock Brewery Inc from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.20 Million | -59.17% |
| 2023-12-31 | $22.53 Million | -10.62% |
| 2022-12-31 | $25.20 Million | -20.51% |
| 2021-12-31 | $31.70 Million | -8.96% |
| 2020-12-31 | $34.82 Million | -2.95% |
| 2019-12-31 | $35.88 Million | -7.01% |
| 2018-12-31 | $38.58 Million | +4.61% |
| 2017-12-31 | $36.88 Million | -1.04% |
| 2016-12-31 | $37.27 Million | -0.72% |
| 2015-12-31 | $37.54 Million | -2.35% |
| 2014-12-31 | $38.44 Million | +28.32% |
| 2013-12-31 | $29.96 Million | -6.59% |
| 2012-12-31 | $32.07 Million | -1.16% |
| 2011-12-31 | $32.45 Million | +27.99% |
| 2010-12-31 | $25.35 Million | -1.35% |
| 2009-12-31 | $25.70 Million | +2.82% |
| 2008-12-31 | $25.00 Million | -7.92% |
| 2007-12-31 | $27.15 Million | -10.60% |
| 2006-12-31 | $30.37 Million | +1.80% |
| 2005-12-31 | $29.83 Million | +1.05% |
| 2004-12-31 | $29.52 Million | +10.62% |
| 2003-12-31 | $26.69 Million | +6.49% |
| 2002-12-31 | $25.06 Million | +15.04% |
| 2001-12-31 | $21.78 Million | +14.43% |
| 2000-12-31 | $19.04 Million | +14.69% |
| 1999-12-31 | $16.60 Million | +1.22% |
| 1998-12-31 | $16.40 Million | -7.34% |
| 1997-12-31 | $17.70 Million | +1.72% |
| 1996-12-31 | $17.40 Million | +50.25% |
| 1995-12-31 | $11.58 Million | +13.09% |
| 1994-12-31 | $10.24 Million | +21.42% |
| 1993-12-31 | $8.43 Million | +15.71% |
| 1992-12-31 | $7.29 Million | +130.30% |
| 1991-12-31 | $3.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Big Rock Brewery 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 19191.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $113.91 Million | 1238.56% |
| Other Components | $3.19 Million | 34.63% |
| Total Equity | $9.20 Million | 100.00% |
Big Rock Brewery Inc Competitors by Market Cap
The table below lists competitors of Big Rock Brewery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aarvi Encon Limited
NSE:AARVI
|
$5.77 Million |
|
Webstar Technology Group Inc
PINK:WBSR
|
$5.78 Million |
|
Stonehenge Inter Public Company Limited
BK:STI
|
$5.78 Million |
|
Asiamet Resources Ltd
PINK:KMGLF
|
$5.78 Million |
|
Tae Won Mulsan
KO:001420
|
$5.77 Million |
|
ASTON BAY HLDGS LTD O.N.
F:6AY
|
$5.77 Million |
|
Solution Financial Inc
PINK:SLNFF
|
$5.77 Million |
|
QWAMPLIFY EO 1
F:6WR
|
$5.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Big Rock Brewery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,526,000 to 9,197,000, a change of -13,329,000 (-59.2%).
- Net loss of 13,467,000 reduced equity.
- New share issuances of 135,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.47 Million | -146.43% |
| Share Issuances | $135.00K | +1.47% |
| Other Changes | $3.00K | +0.03% |
| Total Change | $- | -59.17% |
Book Value vs Market Value Analysis
This analysis compares Big Rock Brewery 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: 0.64x
- 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.
- The price-to-book ratio has decreased from 1.03x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $0.76 | $0.78 | x |
| 1992-12-31 | $1.75 | $0.78 | x |
| 1993-12-31 | $2.02 | $0.78 | x |
| 1994-12-31 | $2.46 | $0.78 | x |
| 1995-12-31 | $2.78 | $0.78 | x |
| 1996-12-31 | $4.18 | $0.78 | x |
| 1997-12-31 | $3.54 | $0.78 | x |
| 1998-12-31 | $3.01 | $0.78 | x |
| 1999-12-31 | $3.43 | $0.78 | x |
| 2000-12-31 | $4.08 | $0.78 | x |
| 2001-12-31 | $4.16 | $0.78 | x |
| 2002-12-31 | $4.59 | $0.78 | x |
| 2004-12-31 | $5.02 | $0.78 | x |
| 2005-12-31 | $5.00 | $0.78 | x |
| 2006-12-31 | $4.99 | $0.78 | x |
| 2007-12-31 | $4.31 | $0.78 | x |
| 2008-12-31 | $4.16 | $0.78 | x |
| 2009-12-31 | $4.27 | $0.78 | x |
| 2010-12-31 | $4.19 | $0.78 | x |
| 2011-12-31 | $5.35 | $0.78 | x |
| 2012-12-31 | $5.28 | $0.78 | x |
| 2013-12-31 | $4.91 | $0.78 | x |
| 2014-12-31 | $5.74 | $0.78 | x |
| 2015-12-31 | $5.46 | $0.78 | x |
| 2016-12-31 | $5.42 | $0.78 | x |
| 2017-12-31 | $5.29 | $0.78 | x |
| 2018-12-31 | $5.53 | $0.78 | x |
| 2019-12-31 | $5.14 | $0.78 | x |
| 2020-12-31 | $4.99 | $0.78 | x |
| 2021-12-31 | $4.58 | $0.78 | x |
| 2022-12-31 | $3.61 | $0.78 | x |
| 2023-12-31 | $3.23 | $0.78 | x |
| 2024-12-31 | $1.22 | $0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Big Rock Brewery 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): -146.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.06%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 4.36x
- Recent ROE (-146.43%) is below the historical average (3.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 28.57% | 16.67% | 1.04x | 1.64x | $587.78K |
| 1992 | 12.07% | 12.50% | 0.82x | 1.17x | $150.81K |
| 1993 | 14.75% | 13.04% | 0.91x | 1.25x | $400.95K |
| 1994 | 16.44% | 7.27% | 1.67x | 1.36x | $659.29K |
| 1995 | 11.76% | 6.17% | 0.88x | 2.16x | $204.37K |
| 1996 | 2.87% | 2.07% | 0.74x | 1.89x | $-1.24 Million |
| 1997 | 1.69% | 1.19% | 0.79x | 1.81x | $-1.47 Million |
| 1998 | -3.66% | -2.26% | 0.91x | 1.78x | $-2.24 Million |
| 1999 | 9.04% | 4.73% | 1.06x | 1.80x | $-160.00K |
| 2000 | 7.10% | 4.20% | 1.03x | 1.65x | $-551.20K |
| 2001 | 5.59% | 3.53% | 1.04x | 1.52x | $-960.63K |
| 2002 | 9.15% | 5.83% | 1.10x | 1.43x | $-213.05K |
| 2003 | 13.16% | 15.98% | 0.54x | 1.53x | $844.07K |
| 2004 | 22.92% | 17.45% | 0.95x | 1.39x | $3.81 Million |
| 2005 | 22.19% | 16.32% | 0.97x | 1.40x | $3.64 Million |
| 2006 | 27.60% | 21.65% | 0.92x | 1.39x | $5.34 Million |
| 2007 | 20.14% | 15.00% | 1.02x | 1.32x | $2.75 Million |
| 2008 | 19.82% | 13.17% | 1.05x | 1.44x | $2.46 Million |
| 2009 | 28.91% | 16.07% | 1.27x | 1.41x | $4.86 Million |
| 2010 | 24.13% | 13.55% | 1.31x | 1.36x | $3.58 Million |
| 2011 | 7.81% | 5.61% | 1.00x | 1.39x | $-711.90K |
| 2012 | 12.89% | 8.98% | 0.99x | 1.44x | $927.90K |
| 2013 | 8.52% | 6.13% | 0.97x | 1.42x | $-444.80K |
| 2014 | 1.62% | 1.70% | 0.76x | 1.25x | $-3.22 Million |
| 2015 | -2.86% | -2.72% | 0.77x | 1.37x | $-4.83 Million |
| 2016 | -1.22% | -1.05% | 0.78x | 1.48x | $-4.18 Million |
| 2017 | -2.77% | -2.19% | 0.89x | 1.41x | $-4.71 Million |
| 2018 | 0.93% | 0.74% | 0.86x | 1.47x | $-3.50 Million |
| 2019 | -8.14% | -6.85% | 0.86x | 1.39x | $-6.51 Million |
| 2020 | -1.91% | -1.51% | 0.85x | 1.49x | $-4.15 Million |
| 2021 | -10.27% | -7.08% | 0.84x | 1.73x | $-6.43 Million |
| 2022 | -28.18% | -15.08% | 0.91x | 2.05x | $-9.62 Million |
| 2023 | -13.02% | -6.72% | 0.83x | 2.34x | $-5.19 Million |
| 2024 | -146.43% | -31.06% | 1.08x | 4.36x | $-14.39 Million |
Industry Comparison
This section compares Big Rock Brewery Inc's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $85,071,914,045
- Average return on equity (ROE) among peers: 7.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Big Rock Brewery Inc (BRBMF) | $18.54 Million | 28.57% | 0.85x | $5.77 Million |
| Asahi Group Holdings Ltd (ASBRF) | $577.70 Billion | 8.25% | 1.48x | $15.32 Billion |
| Budweiser Brewing Company APAC Limited (BDWBY) | $80.89 Billion | 5.53% | 0.63x | $7.10 Billion |
| Anheuser-Busch InBev SA/NV (BUDFF) | $24.43 Billion | 7.89% | 3.63x | $56.52 Billion |
| Carlsberg A/S (CABJF) | $47.23 Billion | -6.20% | 1.64x | $11.67 Billion |
| C&C Group plc (CCGPY) | $384.50 Million | 54.15% | 1.42x | $663.00 Million |
| China Resources Beer Holdings Co Ltd (CRHKF) | $19.31 Billion | -17.32% | 1.21x | $5.79 Billion |
| Entertainment Arts Research Inc (EARI) | $146.29K | 0.00% | 2.48x | $0.94 |
| Fomento Economico Mexicano (FMX) | $15.70 Billion | 10.67% | 0.85x | $37.66 Billion |
| Heineken N.V (HINKF) | $0.00 | 0.00% | 0.00x | $45.23 Billion |