good natured Products Inc
good natured Products Inc., an earth-friendly product company, develops an assortment of plant-based products in Canada and the United States. It operates through Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services segments. The company offers bakery packaging products for cupcakes and muffins, cookies, brownies and bars, donuts, danishes and rolls, cakes, pies … Read more
good natured Products Inc (GDNPF) - Net Assets
Latest net assets as of June 2024: $9.10 Million USD
Based on the latest financial reports, good natured Products Inc (GDNPF) has net assets worth $9.10 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.90 Million) and total liabilities ($76.80 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 | $9.10 Million |
| % of Total Assets | 10.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 516.93 |
good natured Products Inc - Net Assets Trend (2018–2023)
This chart illustrates how good natured Products 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 good natured Products Inc (2018–2023)
The table below shows the annual net assets of good natured Products Inc from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $8.74 Million | -53.90% |
| 2022-12-31 | $18.95 Million | -10.16% |
| 2021-12-31 | $21.09 Million | +1063.90% |
| 2020-12-31 | $1.81 Million | +139.04% |
| 2019-12-31 | $-4.64 Million | -68.79% |
| 2018-12-31 | $-2.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to good natured Products 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 5041920800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $67.18 Million | 769.02% |
| Other Comprehensive Income | $1.31 Million | 14.95% |
| Other Components | $10.06 Million | 115.12% |
| Total Equity | $8.74 Million | 100.00% |
good natured Products Inc Competitors by Market Cap
The table below lists competitors of good natured Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMX Gold & Silver Corp
PINK:CXXMF
|
$1.46 Million |
|
8COMMON Ltd
AU:8CO
|
$1.47 Million |
|
Bls Invest Danske Aktier Kl
CO:BLKDA
|
$1.47 Million |
|
iWallet Corporation
PINK:IWAL
|
$1.47 Million |
|
Star Combo Pharma Ltd
AU:S66
|
$1.46 Million |
|
GATX (GAX.SG)
STU:GAX
|
$1.46 Million |
|
Yunhong Green CTI Ltd.
NASDAQ:YHGJ
|
$1.46 Million |
|
Kaushalya Infrastructure Development Corporation Limited
NSE:KAUSHALYA
|
$1.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in good natured Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 18,950,000 to 8,736,000, a change of -10,214,000 (-53.9%).
- Net loss of 15,481,000 reduced equity.
- New share issuances of 4,444,000 increased equity.
- Other comprehensive income decreased equity by 963,000.
- Other factors increased equity by 1,786,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.48 Million | -177.21% |
| Share Issuances | $4.44 Million | +50.87% |
| Other Comprehensive Income | $-963.00K | -11.02% |
| Other Changes | $1.79 Million | +20.44% |
| Total Change | $- | -53.90% |
Book Value vs Market Value Analysis
This analysis compares good natured Products 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: 0.16x
- 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 |
|---|---|---|---|
| 2018-12-31 | $-0.03 | $0.01 | x |
| 2019-12-31 | $-0.04 | $0.01 | x |
| 2020-12-31 | $0.01 | $0.01 | x |
| 2021-12-31 | $0.10 | $0.01 | x |
| 2022-12-31 | $0.08 | $0.01 | x |
| 2023-12-31 | $0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently good natured Products 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): -177.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.21%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 10.99x
- Recent ROE (-177.21%) is below the historical average (-115.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -60.87% | 1.01x | 0.00x | $-2.83 Million |
| 2019 | 0.00% | -34.40% | 0.82x | 0.00x | $-3.01 Million |
| 2020 | -396.59% | -43.00% | 0.32x | 28.68x | $-7.37 Million |
| 2021 | -60.19% | -20.77% | 0.68x | 4.29x | $-14.80 Million |
| 2022 | -61.12% | -11.47% | 0.97x | 5.51x | $-13.48 Million |
| 2023 | -177.21% | -20.21% | 0.80x | 10.99x | $-16.35 Million |
Industry Comparison
This section compares good natured Products Inc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| good natured Products Inc (GDNPF) | $9.10 Million | 0.00% | 8.44x | $1.46 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $605.72 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.72 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.11 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.41 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.67 Billion |