Future Farm Technologies Inc
Future Farm Technologies Inc., together with its subsidiaries, engages in indoor plant growth technology; and production of wholesale and retail cannabis products in North America. The company manufactures and distributes LED lighting bulbs, fixtures, lamps, retrofits, and other products for the commercial and residential applications through its Website, LEDCanada.com; and packaging for LED ligh… Read more
Future Farm Technologies Inc (FFRMF) - Net Assets
Latest net assets as of November 2019: $-984.55K USD
Based on the latest financial reports, Future Farm Technologies Inc (FFRMF) has net assets worth $-984.55K USD as of November 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.57 Million) and total liabilities ($8.56 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 | $-984.55K |
| % of Total Assets | -13.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1148.75% |
| 10-Year Change | N/A |
| Growth Volatility | 6132.99 |
Future Farm Technologies Inc - Net Assets Trend (2014–2019)
This chart illustrates how Future Farm Technologies 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 Future Farm Technologies Inc (2014–2019)
The table below shows the annual net assets of Future Farm Technologies Inc from 2014 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-02-28 | $2.96 Million | +38.77% |
| 2018-02-28 | $2.13 Million | -49.17% |
| 2017-02-28 | $4.20 Million | +14130.50% |
| 2016-02-29 | $29.49K | -87.56% |
| 2015-02-28 | $237.07K | +151.42% |
| 2014-02-28 | $-461.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Future Farm Technologies 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 2827447300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.25 Million | 977.16% |
| Other Comprehensive Income | $7.29 Million | 243.50% |
| Total Equity | $2.99 Million | 100.00% |
Future Farm Technologies Inc Competitors by Market Cap
The table below lists competitors of Future Farm Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RIO GRANDE RESOURCES LTD.
F:488
|
$1.71K |
|
Smithson Investment Trust PLC
LSE:SSON
|
$1.71K |
|
450 PLC
LSE:450
|
$1.71K |
|
O Bank No. 1 REIT
TW:01009T
|
$1.72K |
|
Sanasa Development Bank PLC
CM:SDBN0000
|
$1.71K |
|
Panther Tyres Ltd.
KAR:PTL
|
$1.70K |
|
Volcan Compania Minera S.A.A. Series B
LIM:VOLCABC1
|
$1.70K |
|
GAGE ROADS
BE:GRH
|
$1.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Future Farm Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 1,937,745 to 2,993,183, a change of 1,055,438 (54.5%).
- Net loss of 6,971,823 reduced equity.
- Other comprehensive income increased equity by 2,264,649.
- Other factors increased equity by 5,762,612.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.97 Million | -232.92% |
| Other Comprehensive Income | $2.26 Million | +75.66% |
| Other Changes | $5.76 Million | +192.52% |
| Total Change | $- | 54.47% |
Book Value vs Market Value Analysis
This analysis compares Future Farm Technologies 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: 0.00x
- 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 |
|---|---|---|---|
| 2016-02-29 | $0.00 | $0.00 | x |
| 2017-02-28 | $0.09 | $0.00 | x |
| 2018-02-28 | $0.02 | $0.00 | x |
| 2019-02-28 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Future Farm Technologies 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): -232.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -257.52%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.54x
- Recent ROE (-232.92%) is above the historical average (-398.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-78.43K |
| 2015 | -166.62% | 0.00% | 0.00x | 1.19x | $-418.69K |
| 2016 | -1047.97% | -6283.18% | 0.03x | 4.79x | $-311.98K |
| 2017 | -99.44% | -2772.11% | 0.03x | 1.34x | $-4.34 Million |
| 2018 | -844.12% | -3866.66% | 0.05x | 4.40x | $-16.55 Million |
| 2019 | -232.92% | -257.52% | 0.36x | 2.54x | $-7.27 Million |
Industry Comparison
This section compares Future Farm Technologies Inc's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Future Farm Technologies Inc (FFRMF) | $-984.55K | 0.00% | N/A | $1.71K |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |