Goodfood Market Corp
Goodfood Market Corp. delivers fresh meals and add-ons in Canada. It offers ready-to-eat and ready-to-cook meal kits, which include meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and frozen products, and kitchen essentials. The company is headquartered in Montreal, Canada.
Goodfood Market Corp (GDDFF) - Net Assets
Latest net assets as of May 2025: $-23.25 Million USD
Based on the latest financial reports, Goodfood Market Corp (GDDFF) has net assets worth $-23.25 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.19 Million) and total liabilities ($68.44 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 | $-23.25 Million |
| % of Total Assets | -51.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | -145.31% |
| 10-Year Change | N/A |
| Growth Volatility | 218.05 |
Goodfood Market Corp - Net Assets Trend (2015–2024)
This chart illustrates how Goodfood Market 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 Goodfood Market Corp (2015–2024)
The table below shows the annual net assets of Goodfood Market Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $-26.08 Million | -11.24% |
| 2023-08-31 | $-23.44 Million | -109.72% |
| 2022-08-31 | $-11.18 Million | -111.42% |
| 2021-08-31 | $97.88 Million | +70.05% |
| 2020-08-31 | $57.56 Million | +230.77% |
| 2019-08-31 | $17.40 Million | +5.74% |
| 2018-08-31 | $16.46 Million | +0.64% |
| 2017-08-31 | $16.35 Million | +1408.49% |
| 2016-08-31 | $-1.25 Million | -477.37% |
| 2015-08-31 | $331.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goodfood Market 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 22016793900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $181.73 Million | % |
| Other Comprehensive Income | $5.37 Million | % |
| Other Components | $7.45 Million | % |
| Total Equity | $-26.08 Million | 100.00% |
Goodfood Market Corp Competitors by Market Cap
The table below lists competitors of Goodfood Market Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intense Technologies Limited
NSE:INTENTECH
|
$16.09 Million |
|
Zhulian Corporation Bhd
KLSE:5131
|
$16.10 Million |
|
Bitcoin Depot Inc.
NASDAQ:BTM
|
$16.10 Million |
|
Archer Entertainment Media Communications Inc.
PINK:CBLO
|
$16.10 Million |
|
Multi Medika Internasional
JK:MMIX
|
$16.09 Million |
|
Modern Internasional Tbk
JK:MDRN
|
$16.08 Million |
|
Mao Bao Inc
TW:1732
|
$16.08 Million |
|
Giyani Metals Corp
PINK:CATPF
|
$16.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goodfood Market Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -23,442,000 to -26,078,000, a change of -2,636,000.
- Net loss of 3,433,000 reduced equity.
- Share repurchases of 66,000 reduced equity.
- Other comprehensive income decreased equity by 1.
- Other factors increased equity by 863,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.43 Million | -13.16% |
| Share Repurchases | $66.00K | -0.25% |
| Other Comprehensive Income | $-1.00 | -0.0% |
| Other Changes | $863.00K | +3.31% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Goodfood Market 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-08-31 | $0.30 | $0.23 | x |
| 2016-08-31 | $-1.12 | $0.23 | x |
| 2017-08-31 | $0.53 | $0.23 | x |
| 2018-08-31 | $0.34 | $0.23 | x |
| 2019-08-31 | $0.32 | $0.23 | x |
| 2020-08-31 | $0.98 | $0.23 | x |
| 2021-08-31 | $1.38 | $0.23 | x |
| 2022-08-31 | $-0.15 | $0.23 | x |
| 2023-08-31 | $-0.31 | $0.23 | x |
| 2024-08-31 | $-0.41 | $0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goodfood Market 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.25%
- • Asset Turnover: 2.92x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-30.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -20.98% | -35.65% | 0.51x | 1.16x | $-102.60K |
| 2016 | 0.00% | -44.23% | 3.38x | 0.00x | $-1.11 Million |
| 2017 | -60.34% | -49.84% | 0.93x | 1.30x | $-11.50 Million |
| 2018 | -57.33% | -13.38% | 2.05x | 2.08x | $-11.08 Million |
| 2019 | -125.69% | -13.56% | 2.00x | 4.64x | $-23.61 Million |
| 2020 | -7.19% | -1.45% | 1.75x | 2.83x | $-9.89 Million |
| 2021 | -32.48% | -8.38% | 1.49x | 2.61x | $-41.58 Million |
| 2022 | 0.00% | -45.33% | 2.07x | 0.00x | $-120.64 Million |
| 2023 | 0.00% | -9.77% | 2.92x | 0.00x | $-14.12 Million |
| 2024 | 0.00% | -2.25% | 2.92x | 0.00x | $-825.20K |
Industry Comparison
This section compares Goodfood Market Corp's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $720,821,358
- Average return on equity (ROE) among peers: 24.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goodfood Market Corp (GDDFF) | $-23.25 Million | -20.98% | N/A | $16.09 Million |
| Andersen Group Inc. (ANDG) | $196.25 Million | -14.92% | 1.03x | $281.60K |
| Bright Horizons Family Solutions Inc (BFAM) | $75.28 Million | 12.24% | 0.82x | $4.18 Billion |
| Click Holdings Limited (CLIK) | $121.38 Million | 0.00% | 0.17x | $797.60K |
| Carriage Services Inc (CSV) | $197.66 Million | 18.82% | 3.66x | $638.62 Million |
| CVS Group plc (CVSGF) | $257.00 Million | 16.30% | 1.23x | $947.94 Million |
| Dror Ortho-Design Inc. (DROR) | $-367.99K | 0.00% | 0.00x | $4.09 Million |
| E-Home Household Service Holdings Ltd (EJH) | $8.03 Million | 100.24% | 0.46x | $2.00 Million |
| Eventiko Inc (EVTK) | $-18.48K | 0.00% | 0.00x | $3.58 Million |
| Fu Shou Yuan International Group Limited (FSHUF) | $6.11 Billion | 10.77% | 0.28x | $717.28 Million |
| Frontdoor Inc (FTDR) | $239.00 Million | 98.33% | 7.82x | $4.23 Billion |