Ceres Global Ag Corp
Ceres Global Ag Corp. provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics services. The company operates through three segments: Grain, Supply Chain Services, and Seed Retail and Processing. The Grain segment engages in the procurement, and merchandising of specialty grains and oilseeds, such as oats, barley, ry… Read more
Ceres Global Ag Corp (CERGF) - Net Assets
Latest net assets as of March 2025: $153.42 Million USD
Based on the latest financial reports, Ceres Global Ag Corp (CERGF) has net assets worth $153.42 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($295.43 Million) and total liabilities ($142.01 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 | $153.42 Million |
| % of Total Assets | 51.93% |
| Annual Growth Rate | 1.14% |
| 5-Year Change | 4.11% |
| 10-Year Change | -5.42% |
| Growth Volatility | 23.02 |
Ceres Global Ag Corp - Net Assets Trend (2008–2024)
This chart illustrates how Ceres Global Ag 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 Ceres Global Ag Corp (2008–2024)
The table below shows the annual net assets of Ceres Global Ag Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $150.95 Million | +5.82% |
| 2023-06-30 | $142.66 Million | -4.58% |
| 2022-06-30 | $149.50 Million | -4.72% |
| 2021-06-30 | $156.92 Million | +8.23% |
| 2020-06-30 | $144.99 Million | +10.88% |
| 2019-06-30 | $130.76 Million | -11.34% |
| 2018-06-30 | $147.50 Million | -0.85% |
| 2017-06-30 | $148.76 Million | -6.98% |
| 2016-06-30 | $159.92 Million | +0.20% |
| 2016-03-31 | $159.61 Million | -7.53% |
| 2015-06-30 | $172.61 Million | +42.31% |
| 2014-06-30 | $121.29 Million | -14.82% |
| 2013-06-30 | $142.40 Million | -8.87% |
| 2012-06-30 | $156.26 Million | -5.24% |
| 2011-06-30 | $164.89 Million | +34.61% |
| 2010-06-30 | $122.50 Million | +61.74% |
| 2009-06-30 | $75.74 Million | -39.85% |
| 2008-06-30 | $125.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ceres Global Ag 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 2720650433.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $173.38 Million | 114.86% |
| Other Comprehensive Income | $3.21 Million | 2.13% |
| Other Components | $7.01 Million | 4.64% |
| Total Equity | $150.95 Million | 100.00% |
Ceres Global Ag Corp Competitors by Market Cap
The table below lists competitors of Ceres Global Ag Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Farms A/S
CO:FFARMS
|
$28.70 Million |
|
VELA TECHNOL.PLC LS-0001
F:IBNN
|
$28.70 Million |
|
Sareum Hldgs Plc
LSE:SAR
|
$28.71 Million |
|
ClearSign Combustion Corporation
NASDAQ:CLIR
|
$28.71 Million |
|
Artifex Mundi SA
WAR:ART
|
$28.67 Million |
|
Batavia Prosperindo Int
JK:BPII
|
$28.66 Million |
|
Crest Ventures Limited
NSE:CREST
|
$28.66 Million |
|
It's Skin Co Ltd
KO:226320
|
$28.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ceres Global Ag Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 142,658,000 to 150,954,000, a change of 8,296,000 (5.8%).
- Net income of 9,360,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 6,878,000.
- Other factors increased equity by 5,814,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.36 Million | +6.2% |
| Other Comprehensive Income | $-6.88 Million | -4.56% |
| Other Changes | $5.81 Million | +3.85% |
| Total Change | $- | 5.82% |
Book Value vs Market Value Analysis
This analysis compares Ceres Global Ag 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
- Current price-to-book ratio: 0.42x
- 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 increased from 0.20x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | $9.77 | $2.00 | x |
| 2009-06-30 | $5.87 | $2.00 | x |
| 2010-06-30 | $9.65 | $2.00 | x |
| 2011-06-30 | $11.16 | $2.00 | x |
| 2012-06-30 | $10.46 | $2.00 | x |
| 2013-06-30 | $9.89 | $2.00 | x |
| 2014-06-30 | $8.51 | $2.00 | x |
| 2015-06-30 | $9.40 | $2.00 | x |
| 2016-06-30 | $5.91 | $2.00 | x |
| 2017-06-30 | $5.40 | $2.00 | x |
| 2018-06-30 | $5.28 | $2.00 | x |
| 2019-06-30 | $4.68 | $2.00 | x |
| 2020-06-30 | $4.56 | $2.00 | x |
| 2021-06-30 | $4.80 | $2.00 | x |
| 2022-06-30 | $4.86 | $2.00 | x |
| 2023-06-30 | $4.59 | $2.00 | x |
| 2024-06-30 | $4.72 | $2.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ceres Global Ag 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 3.55x
- • Equity Multiplier: 1.72x
- Recent ROE (6.20%) is above the historical average (-3.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -4.32% | -694.45% | 0.01x | 1.07x | $-18.03 Million |
| 2009 | -44.94% | -1691.70% | 0.02x | 1.20x | $-41.61 Million |
| 2010 | 25.43% | 1001.51% | 0.02x | 1.26x | $18.90 Million |
| 2011 | 16.03% | 17.40% | 0.48x | 1.94x | $9.95 Million |
| 2012 | -2.44% | -2.06% | 0.63x | 1.88x | $-19.44 Million |
| 2013 | -7.93% | -5.15% | 0.75x | 2.04x | $-25.53 Million |
| 2014 | -14.37% | -8.29% | 1.00x | 1.73x | $-29.56 Million |
| 2015 | -0.63% | -0.72% | 0.62x | 1.41x | $-18.35 Million |
| 2016 | 0.00% | 0.00% | 1.02x | 1.69x | $-15.96 Million |
| 2016 | -6.67% | -3.89% | 1.02x | 1.69x | $-26.67 Million |
| 2017 | -9.18% | -2.58% | 2.06x | 1.72x | $-28.53 Million |
| 2018 | -0.38% | -0.14% | 2.19x | 1.27x | $-15.31 Million |
| 2019 | -12.90% | -3.85% | 2.06x | 1.63x | $-29.95 Million |
| 2020 | 2.99% | 0.75% | 2.28x | 1.76x | $-10.16 Million |
| 2021 | 7.68% | 1.61% | 2.21x | 2.16x | $-3.65 Million |
| 2022 | -5.90% | -0.83% | 3.18x | 2.23x | $-23.77 Million |
| 2023 | -5.55% | -0.76% | 3.93x | 1.85x | $-22.18 Million |
| 2024 | 6.20% | 1.02% | 3.55x | 1.72x | $-5.74 Million |
Industry Comparison
This section compares Ceres Global Ag Corp's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $3,253,840,960
- Average return on equity (ROE) among peers: 8.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ceres Global Ag Corp (CERGF) | $153.42 Million | -4.32% | 0.93x | $28.68 Million |
| Asian Citrus Holdings Limited (ACITF) | $-186.47 Million | 0.00% | 0.00x | $2.98 Million |
| Amsterdam Commodities NV (ACNFF) | $407.10 Million | 9.76% | 0.84x | $397.21 Million |
| AiXin Life International Inc (AIXN) | $-74.82K | 0.00% | 0.00x | $360.40K |
| The Andersons Inc (ANDE) | $89.84 Million | 11.22% | 3.82x | $2.24 Billion |
| Mission Produce Inc (AVO) | $313.45 Million | 23.10% | 0.98x | $484.25 Million |
| Bid Corporation Limited (BPPPF) | $26.79 Billion | 13.23% | 1.31x | $7.96 Billion |
| Bunzl plc (BZLFF) | $1.31 Billion | 20.26% | 2.48x | $8.90 Billion |
| Century Global Commodities Corp (CEUMF) | $21.67 Million | -12.45% | 0.12x | $844.53K |
| The Chefs Warehouse Inc (CHEF) | $537.65 Million | 10.32% | 2.46x | $2.29 Billion |