Ventura Cannabis & Wellness Corporation
Ventura Cannabis & Wellness Corporation operates as a vertically integrated cannabis product company in California. The company was formerly known as BLVD Centers Corporation and changed its name to Ventura Cannabis & Wellness Corporation in February 2019. The company was incorporated in 2013 and is headquartered in Los Angeles, California.
Ventura Cannabis & Wellness Corporation (CVHIF) - Net Assets
Latest net assets as of May 2020: $5.66K USD
Based on the latest financial reports, Ventura Cannabis & Wellness Corporation (CVHIF) has net assets worth $5.66K USD as of May 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.58K) and total liabilities ($4.92K). 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 | $5.66K |
| % of Total Assets | 53.5% |
| Annual Growth Rate | 65.31% |
| 5-Year Change | -80.02% |
| 10-Year Change | N/A |
| Growth Volatility | 542.26 |
Ventura Cannabis & Wellness Corporation - Net Assets Trend (2014–2020)
This chart illustrates how Ventura Cannabis & Wellness Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ventura Cannabis & Wellness Corporation (2014–2020)
The table below shows the annual net assets of Ventura Cannabis & Wellness Corporation from 2014 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-02-29 | $6.19 Million | -12.90% |
| 2019-02-28 | $7.11 Million | -17.51% |
| 2018-02-28 | $8.61 Million | -29.32% |
| 2017-02-28 | $12.19 Million | -60.66% |
| 2016-02-29 | $30.98 Million | +1419.63% |
| 2015-02-28 | $2.04 Million | +572.58% |
| 2014-02-28 | $303.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ventura Cannabis & Wellness Corporation'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 3222650100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $44.98 Million | 731.43% |
| Other Comprehensive Income | $2.75 Million | 44.64% |
| Total Equity | $6.15 Million | 100.00% |
Ventura Cannabis & Wellness Corporation Competitors by Market Cap
The table below lists competitors of Ventura Cannabis & Wellness Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KBT
WAR:KBT
|
$3.70K |
|
South Books & Educational Equipment JSC
VN:SMN
|
$3.71K |
|
Kossen Co Ltd
KO:009730
|
$3.71K |
|
Three Sixty Solar Ltd.
PINK:VSOLF
|
$3.72K |
|
Hotel Sigiriya PLC
CM:HSIGN0000
|
$3.70K |
|
Green Development & Services Investment JSC
VN:GIC
|
$3.70K |
|
CTLHD
OTCQX:CTLHD
|
$3.70K |
|
UET UTD ELECTR
BE:CFC
|
$3.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ventura Cannabis & Wellness Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 7,105,542 to 6,148,917, a change of -956,625 (-13.5%).
- Net loss of 1,727,000 reduced equity.
- Other comprehensive income increased equity by 678,941.
- Other factors increased equity by 91,434.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.73 Million | -28.09% |
| Other Comprehensive Income | $678.94K | +11.04% |
| Other Changes | $91.43K | +1.49% |
| Total Change | $- | -13.46% |
Book Value vs Market Value Analysis
This analysis compares Ventura Cannabis & Wellness Corporation'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-02-28 | $0.45 | $0.00 | x |
| 2015-02-28 | $0.30 | $0.00 | x |
| 2016-02-29 | $1.32 | $0.00 | x |
| 2017-02-28 | $0.39 | $0.00 | x |
| 2018-02-28 | $0.27 | $0.00 | x |
| 2019-02-28 | $0.20 | $0.00 | x |
| 2020-02-29 | $0.17 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ventura Cannabis & Wellness Corporation 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): -28.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.25%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.96x
- Recent ROE (-28.09%) is above the historical average (-58.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -32.78% | 0.00% | 0.00x | 1.18x | $-129.65K |
| 2015 | -92.33% | -274.97% | 0.25x | 1.32x | $-2.09 Million |
| 2016 | -1.61% | -3.71% | 0.40x | 1.09x | $-3.60 Million |
| 2017 | -182.93% | -99.55% | 1.17x | 1.57x | $-23.51 Million |
| 2018 | -28.84% | -10.20% | 1.26x | 2.25x | $-3.35 Million |
| 2019 | -41.57% | -12.03% | 1.55x | 2.24x | $-3.66 Million |
| 2020 | -28.09% | -16.25% | 0.88x | 1.96x | $-2.34 Million |
Industry Comparison
This section compares Ventura Cannabis & Wellness Corporation's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ventura Cannabis & Wellness Corporation (CVHIF) | $5.66K | -32.78% | 0.87x | $3.70K |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |