Granite Falls Energy LLC
Granite Falls Energy, LLC, together with its subsidiaries, engages in the production and sale of ethanol and its co-products in the continental United States. The company offers wet, modified wet and dried distillers' grains, corn oil, and corn syrup. It also operates a natural gas pipeline. The company markets and sells its products through its third-party marketers to the dairy, beef, swine, an… Read more
Granite Falls Energy LLC (GFGY) - Net Assets
Latest net assets as of July 2022: $99.01 Million USD
Based on the latest financial reports, Granite Falls Energy LLC (GFGY) has net assets worth $99.01 Million USD as of July 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($155.99 Million) and total liabilities ($56.98 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 | $99.01 Million |
| % of Total Assets | 63.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | -32.58% |
| 10-Year Change | 48.27% |
| Growth Volatility | 46.53 |
Granite Falls Energy LLC - Net Assets Trend (2003–2021)
This chart illustrates how Granite Falls Energy LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Granite Falls Energy LLC (2003–2021)
The table below shows the annual net assets of Granite Falls Energy LLC from 2003 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-10-31 | $73.92 Million | +19.44% |
| 2020-10-31 | $61.89 Million | -26.91% |
| 2019-10-31 | $84.68 Million | -12.63% |
| 2018-10-31 | $96.93 Million | -11.60% |
| 2017-10-31 | $109.64 Million | +31.02% |
| 2016-10-31 | $83.68 Million | -1.09% |
| 2015-10-31 | $84.60 Million | -32.84% |
| 2014-10-31 | $125.97 Million | +110.35% |
| 2013-10-31 | $59.89 Million | +20.12% |
| 2012-10-31 | $49.86 Million | +0.19% |
| 2011-10-31 | $49.76 Million | -10.92% |
| 2010-10-31 | $55.86 Million | +7.22% |
| 2009-10-31 | $52.10 Million | +1.14% |
| 2008-10-31 | $51.51 Million | +133923.79% |
| 2007-10-31 | $-38.49K | -100.07% |
| 2006-10-31 | $52.61 Million | +81.48% |
| 2004-10-31 | $28.99 Million | +9771.42% |
| 2003-10-31 | $-299.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Granite Falls Energy LLC'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 grown by 92836500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $73.92 Million | 100.00% |
| Total Equity | $73.92 Million | 100.00% |
Granite Falls Energy LLC Competitors by Market Cap
The table below lists competitors of Granite Falls Energy LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Development & Investment Corp
VN:IDI
|
$60.09 Million |
|
Chin Hin Group Property Bhd
KLSE:7187
|
$60.12 Million |
|
Digital Network S.A.
WAR:DIG
|
$60.12 Million |
|
Rugvista Group AB
ST:RUG
|
$60.13 Million |
|
ARRAIL GROUP LTD.
F:I1D
|
$60.09 Million |
|
BILENDI EO-80
F:830
|
$60.07 Million |
|
Tianjin Songjiang Co Ltd
SHG:600225
|
$60.07 Million |
|
Englewood Lab Inc
KQ:950140
|
$60.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Granite Falls Energy LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 52,111,525 to 73,921,733, a change of 21,810,208 (41.9%).
- Net income of 17,851,693 contributed positively to equity growth.
- Other factors increased equity by 3,958,515.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.85 Million | +24.15% |
| Other Changes | $3.96 Million | +5.36% |
| Total Change | $- | 41.85% |
Book Value vs Market Value Analysis
This analysis compares Granite Falls Energy LLC'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: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-10-31 | $-1.24 | $3000.00 | x |
| 2008-10-31 | $1667.13 | $3000.00 | x |
| 2009-10-31 | $1686.11 | $3000.00 | x |
| 2010-10-31 | $1822.25 | $3000.00 | x |
| 2011-10-31 | $1625.86 | $3000.00 | x |
| 2012-10-31 | $1628.94 | $3000.00 | x |
| 2013-10-31 | $1956.72 | $3000.00 | x |
| 2014-10-31 | $3370.32 | $3000.00 | x |
| 2015-10-31 | $2764.25 | $3000.00 | x |
| 2016-10-31 | $2734.25 | $3000.00 | x |
| 2017-10-31 | $3582.43 | $3000.00 | x |
| 2018-10-31 | $3167.03 | $3000.00 | x |
| 2019-10-31 | $2139.08 | $3000.00 | x |
| 2020-10-31 | $1702.66 | $3000.00 | x |
| 2021-10-31 | $2415.27 | $3000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Granite Falls Energy LLC 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): 24.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.77%
- • Asset Turnover: 2.13x
- • Equity Multiplier: 1.96x
- Recent ROE (24.15%) is above the historical average (11.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-571.84K |
| 2004 | -2.08% | 0.00% | 0.00x | 1.20x | $-3.50 Million |
| 2006 | 66.05% | 37.14% | 1.16x | 1.54x | $29.49 Million |
| 2007 | 0.00% | 16.81% | 1.34x | 0.00x | $15.94 Million |
| 2009 | 2.08% | 1.19% | 1.62x | 1.08x | $-4.12 Million |
| 2010 | 14.97% | 8.78% | 1.59x | 1.07x | $2.78 Million |
| 2011 | 24.70% | 7.85% | 2.47x | 1.27x | $7.32 Million |
| 2012 | 0.32% | 0.09% | 2.87x | 1.23x | $-4.82 Million |
| 2013 | 16.75% | 4.48% | 1.99x | 1.88x | $4.04 Million |
| 2014 | 47.28% | 16.21% | 2.15x | 1.35x | $38.46 Million |
| 2015 | 16.06% | 5.88% | 1.90x | 1.44x | $5.13 Million |
| 2016 | 10.42% | 4.05% | 1.77x | 1.45x | $354.36K |
| 2017 | 13.79% | 7.01% | 1.70x | 1.16x | $4.16 Million |
| 2018 | 3.48% | 1.61% | 1.80x | 1.21x | $-6.32 Million |
| 2019 | -13.97% | -4.38% | 1.97x | 1.62x | $-15.69 Million |
| 2020 | -27.50% | -8.69% | 1.42x | 2.23x | $-19.54 Million |
| 2021 | 24.15% | 5.77% | 2.13x | 1.96x | $10.46 Million |
Industry Comparison
This section compares Granite Falls Energy LLC's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,009,540,578
- Average return on equity (ROE) among peers: -3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Granite Falls Energy LLC (GFGY) | $99.01 Million | 0.00% | 0.58x | $60.09 Million |
| Adams Resources & Energy Inc (AE) | $81.76 Million | -6.81% | 1.58x | $82.94 Million |
| Blue Dolphin Energy Co (BDCO) | $27.97 Million | 56.35% | 1.16x | $3.39 Million |
| Blue Earth Resources Inc (BERI) | $681.30K | -5.13% | 0.08x | $495.36 |
| Crossamerica Partners LP (CAPL) | $94.67 Million | 19.09% | 3.14x | $397.24 Million |
| China HK Power Smart Energy Group Limited (CHNTF) | $94.09 Million | -177.69% | 13.22x | $21.56 Million |
| Clean Energy Fuels Corp (CLNE) | $230.93 Million | -3.85% | 0.08x | $372.45 Million |
| CVR Energy Inc (CVI) | $791.00 Million | 58.53% | 4.21x | $964.91 Million |
| DCC plc (DCCPF) | $2.43 Billion | 10.79% | 1.91x | $6.39 Billion |
| HF Sinclair Corp (DINO) | $5.81 Billion | 12.74% | 0.44x | $10.21 Billion |
| Delek US Energy Inc (DK) | $531.00 Million | 0.13% | 1.30x | $2.44 Billion |