Eat Well Investment Group Inc
Eat Well Investment Group Inc. engages in processing, distributing, and marketing plant-based food ingredients in Canada. Its product portfolio includes pulses, crispy puff style snacks, and organic baby food. The company was formerly known as Rockshield Capital Corp. and changed its name to Eat Well Investment Group Inc. in August 2021. Eat Well Investment Group Inc. was incorporated in 2007 and… Read more
Eat Well Investment Group Inc (EWGFF) - Net Assets
Latest net assets as of August 2022: $12.88 Million USD
Based on the latest financial reports, Eat Well Investment Group Inc (EWGFF) has net assets worth $12.88 Million USD as of August 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.91 Million) and total liabilities ($51.03 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 | $12.88 Million |
| % of Total Assets | 20.15% |
| Annual Growth Rate | 44.86% |
| 5-Year Change | 137.89% |
| 10-Year Change | 310.73% |
| Growth Volatility | 976.28 |
Eat Well Investment Group Inc - Net Assets Trend (2007–2022)
This chart illustrates how Eat Well Investment Group 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 Eat Well Investment Group Inc (2007–2022)
The table below shows the annual net assets of Eat Well Investment Group Inc from 2007 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-11-30 | $25.72 Million | +244.10% |
| 2021-11-30 | $7.47 Million | +48.43% |
| 2020-11-30 | $5.04 Million | -15.19% |
| 2019-11-30 | $5.94 Million | -45.08% |
| 2018-11-30 | $10.81 Million | +24.76% |
| 2017-11-30 | $8.66 Million | +26.72% |
| 2016-11-30 | $6.84 Million | +7.01% |
| 2015-11-30 | $6.39 Million | -41.18% |
| 2014-11-30 | $10.86 Million | +73.49% |
| 2013-11-30 | $6.26 Million | -66.35% |
| 2012-11-30 | $18.61 Million | -15.27% |
| 2011-11-30 | $21.96 Million | +3791.96% |
| 2010-11-30 | $564.23K | +1258.36% |
| 2009-11-30 | $-48.71K | -127.26% |
| 2008-11-30 | $178.66K | +80.32% |
| 2007-11-30 | $99.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eat Well Investment Group 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 8133294600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $55.19 Million | 218.25% |
| Other Comprehensive Income | $41.84 Million | 165.46% |
| Other Components | $9.60 Million | 37.96% |
| Total Equity | $25.29 Million | 100.00% |
Eat Well Investment Group Inc Competitors by Market Cap
The table below lists competitors of Eat Well Investment Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EMPYREAN ENERGY LS-002
F:E1E
|
$1.87 Million |
|
Triboron International AB (publ)
ST:TRIBO-B
|
$1.87 Million |
|
T-MOBILE US (TM5.SG)
STU:TM5
|
$1.87 Million |
|
Mistral Patrimonio Inmobiliario SOCIMI SA
MC:YMPI
|
$1.87 Million |
|
Luokung Technology Corp
NASDAQ:LKCO
|
$1.87 Million |
|
Graphano Energy Ltd
PINK:GELEF
|
$1.87 Million |
|
Spey Resources Corp
PINK:SPEYF
|
$1.87 Million |
|
Solidx AB (publ)
F:6OK
|
$1.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eat Well Investment Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 7,473,694 to 25,288,312, a change of 17,814,618 (238.4%).
- Net income of 12,017,000 contributed positively to equity growth.
- Share repurchases of 201,606 reduced equity.
- New share issuances of 40,000 increased equity.
- Other comprehensive income decreased equity by 10,926,113.
- Other factors increased equity by 16,885,337.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.02 Million | +47.52% |
| Share Repurchases | $201.61K | -0.8% |
| Share Issuances | $40.00K | +0.16% |
| Other Comprehensive Income | $-10.93 Million | -43.21% |
| Other Changes | $16.89 Million | +66.77% |
| Total Change | $- | 238.36% |
Book Value vs Market Value Analysis
This analysis compares Eat Well Investment Group 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: 0.27x
- 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 |
|---|---|---|---|
| 2007-11-30 | $0.23 | $0.04 | x |
| 2008-11-30 | $0.05 | $0.04 | x |
| 2009-11-30 | $-0.01 | $0.04 | x |
| 2010-11-30 | $0.10 | $0.04 | x |
| 2011-11-30 | $1.02 | $0.04 | x |
| 2012-11-30 | $0.61 | $0.04 | x |
| 2013-11-30 | $0.21 | $0.04 | x |
| 2014-11-30 | $0.29 | $0.04 | x |
| 2015-11-30 | $0.14 | $0.04 | x |
| 2016-11-30 | $0.15 | $0.04 | x |
| 2017-11-30 | $0.19 | $0.04 | x |
| 2018-11-30 | $0.23 | $0.04 | x |
| 2019-11-30 | $0.13 | $0.04 | x |
| 2020-11-30 | $0.11 | $0.04 | x |
| 2021-11-30 | $0.08 | $0.04 | x |
| 2022-11-30 | $0.15 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eat Well Investment Group 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): 47.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.97%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 3.32x
- Recent ROE (47.52%) is above the historical average (-82.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -11.02% | 0.00% | 0.00x | 1.11x | $-20.83K |
| 2008 | -29.84% | 0.00% | 0.00x | 1.09x | $-71.19K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-237.50K |
| 2010 | -119.61% | 0.00% | 0.00x | 1.48x | $-731.28K |
| 2011 | -19.84% | 0.00% | 0.00x | 1.02x | $-6.55 Million |
| 2012 | -19.40% | 0.00% | 0.00x | 1.02x | $-5.47 Million |
| 2013 | -197.16% | 0.00% | 0.00x | 1.01x | $-12.97 Million |
| 2014 | 31.33% | 0.00% | 0.00x | 1.02x | $2.32 Million |
| 2015 | -70.00% | 0.00% | 0.00x | 1.01x | $-5.11 Million |
| 2016 | 6.55% | 0.00% | 0.00x | 1.00x | $-236.09K |
| 2017 | 20.60% | 0.00% | 0.00x | 1.01x | $918.35K |
| 2018 | 10.33% | 0.00% | 0.00x | 1.00x | $35.94K |
| 2019 | -81.94% | -12245.92% | 0.01x | 1.01x | $-5.46 Million |
| 2020 | -18.60% | 0.00% | -0.19x | 1.00x | $-1.44 Million |
| 2021 | -862.65% | 0.00% | -0.01x | 6.74x | $-65.22 Million |
| 2022 | 47.52% | 20.97% | 0.68x | 3.32x | $9.49 Million |
Industry Comparison
This section compares Eat Well Investment Group Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eat Well Investment Group Inc (EWGFF) | $12.88 Million | -11.02% | 3.96x | $1.87 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |