Canlan Ice Sports Corp
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in North America. It operates through Ice/Field Sales and Internal Programming; Food and Beverage; Sports Stores; Sponsorship; Space Rental; and Management and Consulting segments. It offers rental of ice or field time, organizes leagues, and tournaments, and lessons and youth camps; res… Read more
Canlan Ice Sports Corp (CNLFF) - Net Assets
Latest net assets as of September 2025: $29.66 Million USD
Based on the latest financial reports, Canlan Ice Sports Corp (CNLFF) has net assets worth $29.66 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 ($87.54 Million) and total liabilities ($57.88 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 | $29.66 Million |
| % of Total Assets | 33.88% |
| Annual Growth Rate | -1.14% |
| 5-Year Change | 17.05% |
| 10-Year Change | 11.64% |
| Growth Volatility | 12.84 |
Canlan Ice Sports Corp - Net Assets Trend (1996–2024)
This chart illustrates how Canlan Ice Sports 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 Canlan Ice Sports Corp (1996–2024)
The table below shows the annual net assets of Canlan Ice Sports Corp from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $48.82 Million | +9.32% |
| 2023-12-31 | $44.66 Million | -4.28% |
| 2022-12-31 | $46.65 Million | +15.43% |
| 2021-12-31 | $40.42 Million | -3.10% |
| 2020-12-31 | $41.71 Million | -13.80% |
| 2019-12-31 | $48.38 Million | -2.89% |
| 2018-12-31 | $49.82 Million | +10.23% |
| 2017-12-31 | $45.20 Million | +3.75% |
| 2016-12-31 | $43.56 Million | -0.37% |
| 2015-12-31 | $43.73 Million | -2.36% |
| 2014-12-31 | $44.78 Million | -0.38% |
| 2013-12-31 | $44.96 Million | +0.06% |
| 2012-12-31 | $44.93 Million | +0.66% |
| 2011-12-31 | $44.63 Million | -4.39% |
| 2010-12-31 | $46.68 Million | +1.10% |
| 2009-12-31 | $46.17 Million | +6.29% |
| 2008-12-31 | $43.44 Million | +9.66% |
| 2007-12-31 | $39.61 Million | +2.08% |
| 2006-12-31 | $38.81 Million | +3.62% |
| 2005-12-31 | $37.45 Million | +2.88% |
| 2004-12-31 | $36.40 Million | +30.78% |
| 2003-12-31 | $27.83 Million | -3.64% |
| 2002-12-31 | $28.88 Million | -6.48% |
| 2001-12-31 | $30.89 Million | -12.18% |
| 2000-12-31 | $35.17 Million | +18.82% |
| 1999-12-31 | $29.60 Million | -20.22% |
| 1998-12-31 | $37.10 Million | -42.84% |
| 1997-12-31 | $64.90 Million | -3.57% |
| 1996-12-31 | $67.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canlan Ice Sports 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 217.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $63.11 Million | 129.27% |
| Other Comprehensive Income | $5.79 Million | 11.87% |
| Other Components | $543.00K | 1.11% |
| Total Equity | $48.82 Million | 100.00% |
Canlan Ice Sports Corp Competitors by Market Cap
The table below lists competitors of Canlan Ice Sports Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Majuperak Holdings Bhd
KLSE:8141
|
$2.38 Million |
|
Khee San Bhd
KLSE:6203
|
$2.38 Million |
|
Golden Lake Exploration Inc
OTCQB:GOLXF
|
$2.38 Million |
|
Park & Bellheimer AG
F:PKB
|
$2.38 Million |
|
Bounty Oil & Gas NL
PINK:BYOGF
|
$2.38 Million |
|
Mekong Fisheries JSC
VN:AAM
|
$2.37 Million |
|
GREEN SHIFT COMMODITIES
F:7WV
|
$2.37 Million |
|
Scinai Immunotherapeutics Ltd
NASDAQ:SCNI
|
$2.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canlan Ice Sports Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,656,000 to 48,818,000, a change of 4,162,000 (9.3%).
- Net income of 2,800,000 contributed positively to equity growth.
- Dividend payments of 1,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,962,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.80 Million | +5.74% |
| Dividends Paid | $1.60 Million | -3.28% |
| Other Comprehensive Income | $2.96 Million | +6.07% |
| Total Change | $- | 9.32% |
Book Value vs Market Value Analysis
This analysis compares Canlan Ice Sports 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: 0.81x
- 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 0.02x to 0.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $121.52 | $2.97 | x |
| 1997-12-31 | $110.35 | $2.97 | x |
| 1998-12-31 | $56.17 | $2.97 | x |
| 1999-12-31 | $48.00 | $2.97 | x |
| 2000-12-31 | $52.02 | $2.97 | x |
| 2001-12-31 | $6.29 | $2.97 | x |
| 2002-12-31 | $5.96 | $2.97 | x |
| 2003-12-31 | $5.64 | $2.97 | x |
| 2004-12-31 | $7.80 | $2.97 | x |
| 2005-12-31 | $2.81 | $2.97 | x |
| 2006-12-31 | $2.91 | $2.97 | x |
| 2007-12-31 | $2.97 | $2.97 | x |
| 2008-12-31 | $3.26 | $2.97 | x |
| 2009-12-31 | $3.46 | $2.97 | x |
| 2010-12-31 | $3.50 | $2.97 | x |
| 2011-12-31 | $3.35 | $2.97 | x |
| 2012-12-31 | $3.37 | $2.97 | x |
| 2013-12-31 | $3.37 | $2.97 | x |
| 2014-12-31 | $3.36 | $2.97 | x |
| 2015-12-31 | $3.28 | $2.97 | x |
| 2016-12-31 | $3.27 | $2.97 | x |
| 2017-12-31 | $3.39 | $2.97 | x |
| 2018-12-31 | $3.74 | $2.97 | x |
| 2019-12-31 | $3.63 | $2.97 | x |
| 2020-12-31 | $3.13 | $2.97 | x |
| 2021-12-31 | $3.03 | $2.97 | x |
| 2022-12-31 | $3.50 | $2.97 | x |
| 2023-12-31 | $3.35 | $2.97 | x |
| 2024-12-31 | $3.66 | $2.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canlan Ice Sports 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): 5.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.98%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.67x
- Recent ROE (5.74%) is above the historical average (-3.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 2.79% | 3.45% | 0.25x | 3.24x | $-4.66 Million |
| 1997 | -15.79% | -12.55% | 0.39x | 3.26x | $-16.17 Million |
| 1998 | -77.62% | -75.48% | 0.22x | 4.68x | $-30.93 Million |
| 1999 | -26.07% | -18.30% | 0.32x | 4.52x | $-10.10 Million |
| 2000 | -14.02% | -11.79% | 0.36x | 3.30x | $-8.10 Million |
| 2001 | -14.90% | -10.98% | 0.37x | 3.64x | $-7.30 Million |
| 2002 | -5.41% | -3.55% | 0.40x | 3.79x | $-4.29 Million |
| 2003 | -5.76% | -3.37% | 0.44x | 3.92x | $-4.15 Million |
| 2004 | 5.34% | 4.21% | 0.45x | 2.79x | $-1.70 Million |
| 2005 | 2.78% | 2.13% | 0.49x | 2.66x | $-2.71 Million |
| 2006 | 3.49% | 2.45% | 0.49x | 2.89x | $-2.53 Million |
| 2007 | 2.03% | 1.29% | 0.57x | 2.77x | $-3.16 Million |
| 2008 | 8.81% | 5.92% | 0.56x | 2.64x | $-516.90K |
| 2009 | 5.92% | 4.07% | 0.59x | 2.45x | $-1.88 Million |
| 2010 | 1.51% | 1.01% | 0.63x | 2.37x | $-3.96 Million |
| 2011 | 6.37% | 3.95% | 0.69x | 2.35x | $-1.62 Million |
| 2012 | 2.88% | 1.78% | 0.71x | 2.29x | $-3.20 Million |
| 2013 | 2.44% | 1.51% | 0.69x | 2.35x | $-3.40 Million |
| 2014 | 2.00% | 1.18% | 0.64x | 2.64x | $-3.58 Million |
| 2015 | -8.24% | -4.53% | 0.66x | 2.76x | $-7.97 Million |
| 2016 | 2.97% | 1.56% | 0.66x | 2.88x | $-3.06 Million |
| 2017 | 7.87% | 4.16% | 0.68x | 2.78x | $-962.80K |
| 2018 | 9.00% | 5.12% | 0.68x | 2.59x | $-499.40K |
| 2019 | 5.06% | 2.77% | 0.63x | 2.92x | $-2.39 Million |
| 2020 | -15.26% | -16.21% | 0.32x | 2.91x | $-10.53 Million |
| 2021 | -2.70% | -2.70% | 0.35x | 2.89x | $-5.13 Million |
| 2022 | 10.14% | 6.42% | 0.61x | 2.61x | $64.90K |
| 2023 | 0.97% | 0.50% | 0.71x | 2.73x | $-4.03 Million |
| 2024 | 5.74% | 2.98% | 0.72x | 2.67x | $-2.08 Million |
Industry Comparison
This section compares Canlan Ice Sports Corp's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canlan Ice Sports Corp (CNLFF) | $29.66 Million | 2.79% | 1.95x | $2.38 Million |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |