1606 Corp.
1606 Corp., an AI chatbot company, engages in building and merchandising chatbots for the cannabidiol industry and public companies. It offers ChatCBDW, a proprietary bot designed to drive sales, educate audiences on products, and provide analytics on customer preferences and behavior, as well as contributing to inventory management. The company was founded in 2019 and is headquartered in Phoenix… Read more
1606 Corp. (CBDW) - Net Assets
Latest net assets as of September 2025: $-2.89 Million USD
Based on the latest financial reports, 1606 Corp. (CBDW) has net assets worth $-2.89 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 ($14.60K) and total liabilities ($2.90 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 | $-2.89 Million |
| % of Total Assets | -19787.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
1606 Corp. - Net Assets Trend (2021–2024)
This chart illustrates how 1606 Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 1606 Corp. (2021–2024)
The table below shows the annual net assets of 1606 Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.20 Million | -55.17% |
| 2023-12-31 | $-1.41 Million | -137.78% |
| 2022-12-31 | $-595.05K | -173.57% |
| 2021-12-31 | $-217.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to 1606 Corp.'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 663573900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.27K | % |
| Other Components | $4.73 Million | % |
| Total Equity | $-2.20 Million | 100.00% |
1606 Corp. Competitors by Market Cap
The table below lists competitors of 1606 Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Therma Bright Inc
OTCQB:TBRIF
|
$851.27K |
|
INCYTE
BE:ICY
|
$851.44K |
|
Tres-Or Resources Ltd
PINK:TRSFF
|
$851.51K |
|
JLT Mobile Computers AB (publ)
ST:JLT
|
$851.70K |
|
Star Pacific Tbk
JK:LPLI
|
$850.31K |
|
Murano Global Investments PLC Ordinary Shares
NASDAQ:MRNO
|
$849.95K |
|
ESTEE LAUDER-A
BE:ELAA
|
$849.59K |
|
Intrepid Capital Corporation
PINK:ITPC
|
$848.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 1606 Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,414,907 to -2,195,492, a change of -780,585.
- Net loss of 4,514,971 reduced equity.
- New share issuances of 371,070 increased equity.
- Other factors increased equity by 3,363,316.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.51 Million | -205.65% |
| Share Issuances | $371.07K | +16.9% |
| Other Changes | $3.36 Million | +153.19% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares 1606 Corp.'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 |
|---|---|---|---|
| 2021-12-31 | $-0.01 | $0.01 | x |
| 2022-12-31 | $-0.02 | $0.01 | x |
| 2023-12-31 | $-0.03 | $0.01 | x |
| 2024-12-31 | $-0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 1606 Corp. 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: -62751.51%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -884.27% | 0.83x | 0.00x | $-279.51K |
| 2022 | 0.00% | -3872.90% | 0.06x | 0.00x | $-480.53K |
| 2023 | 0.00% | -98610.92% | 0.01x | 0.00x | $-1.44 Million |
| 2024 | 0.00% | -62751.51% | 0.71x | 0.00x | $-4.30 Million |
Industry Comparison
This section compares 1606 Corp.'s net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $2,736,294,648,812
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 1606 Corp. (CBDW) | $-2.89 Million | 0.00% | N/A | $850.32K |
| American Cannabis Company Inc (AMMJ) | $2.00 Million | -35.50% | 0.52x | $92.90K |
| British American Tobacco p.l.c. (BTI) | $75.71 Billion | 8.80% | 1.03x | $123.65 Billion |
| 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 |