Koios Beverage Corp

PINK:FITSF USA Packaged Foods
Market Cap
$859.01K
Market Cap Rank
#37573 Global
#12235 in USA
Share Price
$0.45
Change (1 day)
+0.00%
52-Week Range
$0.01 - $0.45
All Time High
$558.00
About

Koios Beverage Corp., together with its subsidiaries, produces, markets, and sells functional beverages in the United States and internationally. The company offers nootropic beverages under the KOIOS brand; and functional beverages under the Fit Soda brand. It sells its products through a network of retail locations, as well as online. The company was formerly known as Super Nova Petroleum Corp.… Read more

Koios Beverage Corp (FITSF) - Net Assets

Latest net assets as of February 2024: $-1.92 Million USD

Based on the latest financial reports, Koios Beverage Corp (FITSF) has net assets worth $-1.92 Million USD as of February 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($351.10K) and total liabilities ($2.27 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 $-1.92 Million
% of Total Assets -545.47%
Annual Growth Rate -13.08%
5-Year Change -96.09%
10-Year Change N/A
Growth Volatility 361.64

Koios Beverage Corp - Net Assets Trend (2011–2023)

This chart illustrates how Koios Beverage 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 Koios Beverage Corp (2011–2023)

The table below shows the annual net assets of Koios Beverage Corp from 2011 to 2023.

Year Net Assets Change
2023-05-31 $123.66K -86.48%
2022-05-31 $914.66K +341.89%
2021-05-31 $206.99K -65.24%
2020-05-31 $595.40K -81.16%
2019-05-31 $3.16 Million +1022.70%
2018-05-31 $281.52K +168.58%
2017-05-31 $-410.47K +41.50%
2016-05-31 $-701.71K -18.30%
2015-05-31 $-593.17K -689.25%
2014-05-31 $-75.16K -106.44%
2013-05-31 $1.17 Million +60.33%
2012-05-31 $727.50K +9.47%
2011-05-31 $664.57K --

Equity Component Analysis

This analysis shows how different components contribute to Koios Beverage 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 4472434734.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (May 2023)

Component Amount Percentage
Common Stock $32.72 Million 26459.05%
Other Comprehensive Income $5.28 Million 4271.89%
Other Components $7.10 Million 5738.22%
Total Equity $123.66K 100.00%

Koios Beverage Corp Competitors by Market Cap

The table below lists competitors of Koios Beverage Corp ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Koios Beverage Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 914,661 to 123,655, a change of -791,006 (-86.5%).
  • Net loss of 8,082,000 reduced equity.
  • New share issuances of 1,525,177 increased equity.
  • Other comprehensive income increased equity by 443,956.
  • Other factors increased equity by 5,321,861.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income $-8.08 Million -6535.93%
Share Issuances $1.53 Million +1233.41%
Other Comprehensive Income $443.96K +359.03%
Other Changes $5.32 Million +4303.8%
Total Change $- -86.48%

Book Value vs Market Value Analysis

This analysis compares Koios Beverage 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: 514.38x
  • 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 95.71x to 514.38x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-05-31 $0.00 $0.45 x
2012-05-31 $0.01 $0.45 x
2013-05-31 $0.01 $0.45 x
2014-05-31 $0.00 $0.45 x
2015-05-31 $0.00 $0.45 x
2016-05-31 $-0.01 $0.45 x
2017-05-31 $0.00 $0.45 x
2018-05-31 $0.00 $0.45 x
2019-05-31 $0.02 $0.45 x
2020-05-31 $0.00 $0.45 x
2021-05-31 $0.00 $0.45 x
2022-05-31 $0.01 $0.45 x
2023-05-31 $0.00 $0.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Koios Beverage 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): -6535.93%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -649.16%
  • • Asset Turnover: 0.52x
  • • Equity Multiplier: 19.26x
  • Recent ROE (-6535.93%) is below the historical average (-921.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 -7.33% 0.00% 0.00x 1.14x $-115.17K
2012 -24.41% 0.00% 0.00x 1.18x $-250.30K
2013 -61.42% 0.00% 0.00x 1.27x $-833.09K
2014 0.00% 0.00% 0.00x 0.00x $-1.73 Million
2015 0.00% 0.00% 0.00x 0.00x $-729.26K
2016 0.00% 0.00% 0.00x 0.00x $-98.73K
2017 0.00% -165.56% 166.52x 0.00x $-460.71K
2018 -1426.73% -9340762.79% 0.00x 3.28x $-4.04 Million
2019 -98.90% -1289.39% 0.07x 1.18x $-3.44 Million
2020 -503.70% -344.11% 0.61x 2.40x $-3.06 Million
2021 -1005.38% -324.67% 0.41x 7.52x $-2.10 Million
2022 -2313.43% -1761.87% 0.48x 2.74x $-21.25 Million
2023 -6535.93% -649.16% 0.52x 19.26x $-8.09 Million

Industry Comparison

This section compares Koios Beverage Corp's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $4,768,351,202
  • Average return on equity (ROE) among peers: -224.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Koios Beverage Corp (FITSF) $-1.92 Million -7.33% N/A $482.55K
Above Food Ingredients Inc. Common Stock (ABVE) $-46.26 Million 0.00% 0.00x $18.58 Million
The a2 Milk Company Limited (ACOPF) $58.64 Million 0.02% 0.31x $3.91 Billion
Ayujoy Herbals Ltd (AJOY) $668.89K -63.57% 1.39x $90.84
Alfa S.A.B. de C.V (ALFFF) $43.29 Billion 8.20% 1.29x $2.16 Billion
Amincor Inc (AMNCB) $1.83 Million -1769.92% 18.32x $2.21K
Armanino Foods New (AMNF) $5.68 Million 50.87% 0.65x $71.04K
Amira Nature Foods Ltd (ANFIF) $171.84 Million 17.43% 1.45x $128.79
AAK AB (publ.) (ARHUF) $3.56 Billion 16.89% 1.80x $5.07 Billion
Artisan Consumer Goods Inc (ARRT) $9.48K -513.58% 0.36x $279.39K
ARYZTA AG (ARZTF) $632.10 Million 9.58% 2.04x $53.13 Million