Cartel Blue Inc
Cartel Blue, Inc. operates as a hemp apparel company. It also offers hydroponic hemp cigars. The company was formerly known as Revenge Designs Inc. and changed its name to Cartel Blue, Inc. in September 2015. Cartel Blue, Inc. is based in Long Beach, California.
Cartel Blue Inc (CRTL) - Net Assets
Latest net assets as of April 2024: $1.23 Million USD
Based on the latest financial reports, Cartel Blue Inc (CRTL) has net assets worth $1.23 Million USD as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.72 Million) and total liabilities ($488.70K). 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 | $1.23 Million |
| % of Total Assets | 71.64% |
| Annual Growth Rate | 5.41% |
| 5-Year Change | 55.91% |
| 10-Year Change | N/A |
| Growth Volatility | 93.62 |
Cartel Blue Inc - Net Assets Trend (2015–2024)
This chart illustrates how Cartel Blue 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 Cartel Blue Inc (2015–2024)
The table below shows the annual net assets of Cartel Blue Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | $1.41 Million | +105.26% |
| 2023-01-31 | $686.83K | -21.52% |
| 2022-01-31 | $875.15K | -3.22% |
| 2021-01-31 | $904.24K | 0.00% |
| 2020-01-31 | $904.24K | 0.00% |
| 2019-01-31 | $904.24K | 0.00% |
| 2018-01-31 | $904.24K | +264.58% |
| 2017-01-31 | $248.02K | -52.29% |
| 2016-01-31 | $519.80K | -40.75% |
| 2015-01-31 | $877.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cartel Blue 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 51828200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.30K | 0.19% |
| Other Components | $4.28 Million | 622.70% |
| Total Equity | $686.83K | 100.00% |
Cartel Blue Inc Competitors by Market Cap
The table below lists competitors of Cartel Blue Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Misr Financial Investments
EGX:MFIN
|
$195.04 |
|
DGTHD
PINK:DGTHD
|
$195.16 |
|
Acesite Hotel Corp
PSE:ACE
|
$195.77 |
|
NEM INSURANCE PLC
XNSA:NEM
|
$195.82 |
|
Henderson International Income Trust PLC
LSE:HINT
|
$194.70 |
|
CAFCA LIMITED
XZIM:CAFCA
|
$194.37 |
|
JLF INVESTMENT
BE:CP2
|
$194.09 |
|
MoneyOnMobile Inc
PINK:MOMT
|
$194.05 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cartel Blue Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 686,827 to 686,827, a change of 0 (0.0%).
- Net income of 7,877 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,278,208.
- Other factors increased equity by 4,270,331.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.88K | +1.15% |
| Other Comprehensive Income | $-4.28 Million | -622.89% |
| Other Changes | $4.27 Million | +621.75% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Cartel Blue 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: 4.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.24x to 4.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-01-31 | $0.00 | $0.02 | x |
| 2017-01-31 | $0.00 | $0.02 | x |
| 2018-01-31 | $0.01 | $0.02 | x |
| 2019-01-31 | $0.01 | $0.02 | x |
| 2020-01-31 | $0.01 | $0.02 | x |
| 2021-01-31 | $0.01 | $0.02 | x |
| 2022-01-31 | $0.01 | $0.02 | x |
| 2023-01-31 | $0.01 | $0.02 | x |
| 2024-01-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cartel Blue 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): 1.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.12%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.63x
- Recent ROE (1.15%) is above the historical average (-25.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.10% | 0.00% | 0.00x | 1.04x | $-106.18K |
| 2016 | -83.20% | 0.00% | 0.00x | 2.17x | $-484.47K |
| 2017 | -148.21% | 0.00% | 0.00x | 4.77x | $-392.40K |
| 2018 | 65.63% | 116813.58% | 0.00x | 1.31x | $502.99K |
| 2022 | -3.32% | 0.00% | 0.00x | 1.38x | $-116.60K |
| 2023 | -10.44% | -45.05% | 0.13x | 1.80x | $-140.42K |
| 2024 | 1.15% | 8.12% | 0.05x | 2.63x | $-60.81K |
Industry Comparison
This section compares Cartel Blue Inc's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $2,736,294,485,218
- Average return on equity (ROE) among peers: 13.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cartel Blue Inc (CRTL) | $1.23 Million | -2.10% | 0.40x | $194.76 |
| 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 |
| 1606 Corp. (CBDW) | $-595.05K | 0.00% | 0.00x | $850.32K |
| Charlie's Holdings Inc. (CHUC) | $-1.78 Million | 0.00% | 0.00x | $6.72 Million |
| 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 |