Golden Growers Cooperative
Golden Growers Cooperative operates as an agricultural cooperative association primarily in Minnesota, North Dakota, and South Dakota. It designs and constructs its corn wet-milling facility, which processes corn into high fructose corn syrup and related co-products located in Wahpeton, North Dakota. The company facilitates its members by delivering corn to the corn wet-milling facility. It proce… Read more
Golden Growers Cooperative (GGROU) - Net Assets
Latest net assets as of September 2025: $18.53 Million USD
Based on the latest financial reports, Golden Growers Cooperative (GGROU) has net assets worth $18.53 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.10 Million) and total liabilities ($3.57 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 | $18.53 Million |
| % of Total Assets | 83.84% |
| Annual Growth Rate | -5.82% |
| 5-Year Change | -4.12% |
| 10-Year Change | -12.92% |
| Growth Volatility | 8.64 |
Golden Growers Cooperative - Net Assets Trend (2010–2024)
This chart illustrates how Golden Growers Cooperative's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Golden Growers Cooperative (2010–2024)
The table below shows the annual net assets of Golden Growers Cooperative from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.70 Million | -6.47% |
| 2023-12-31 | $26.40 Million | -4.52% |
| 2022-12-31 | $27.65 Million | -0.34% |
| 2021-12-31 | $27.75 Million | +7.72% |
| 2020-12-31 | $25.76 Million | -2.35% |
| 2019-12-31 | $26.38 Million | +2.10% |
| 2018-12-31 | $25.84 Million | -1.56% |
| 2017-12-31 | $26.25 Million | +11.14% |
| 2016-12-31 | $23.62 Million | -16.73% |
| 2015-12-31 | $28.36 Million | -16.72% |
| 2014-12-31 | $34.05 Million | -11.36% |
| 2013-12-31 | $38.42 Million | -10.50% |
| 2012-12-31 | $42.92 Million | -8.14% |
| 2011-12-31 | $46.72 Million | -18.28% |
| 2010-12-31 | $57.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Growers Cooperative'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.73 Million | 100.15% |
| Other Comprehensive Income | $-36.00K | -0.15% |
| Total Equity | $24.70 Million | 100.00% |
Golden Growers Cooperative Competitors by Market Cap
The table below lists competitors of Golden Growers Cooperative ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANPARIO PLC LS -23
F:KI9A
|
$76.25 Million |
|
Salasar Techno Engineering Limited
NSE:SALASAR
|
$76.25 Million |
|
THESSALO.PORT AUTH.NA EO3
F:03P
|
$76.27 Million |
|
Hecto Innovation Co. Ltd.
KQ:214180
|
$76.28 Million |
|
Ve Wong Corp
TW:1203
|
$76.18 Million |
|
Servotronics Inc
NYSE MKT:SVT
|
$76.14 Million |
|
Taj GVK Hotels & Resorts Limited
NSE:TAJGVK
|
$76.11 Million |
|
Siyaram Silk Mills Limited
NSE:SIYSIL
|
$76.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Growers Cooperative's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,403,000 to 24,696,000, a change of -1,707,000 (-6.5%).
- Net income of 6,041,000 contributed positively to equity growth.
- Dividend payments of 7,745,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.04 Million | +24.46% |
| Dividends Paid | $7.75 Million | -31.36% |
| Other Comprehensive Income | $-3.00K | -0.01% |
| Total Change | $- | -6.47% |
Book Value vs Market Value Analysis
This analysis compares Golden Growers Cooperative'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: 3.23x
- 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 1.39x to 3.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $3.69 | $5.15 | x |
| 2011-12-31 | $3.02 | $5.15 | x |
| 2012-12-31 | $2.77 | $5.15 | x |
| 2013-12-31 | $2.48 | $5.15 | x |
| 2014-12-31 | $2.20 | $5.15 | x |
| 2015-12-31 | $1.83 | $5.15 | x |
| 2016-12-31 | $1.52 | $5.15 | x |
| 2017-12-31 | $1.69 | $5.15 | x |
| 2018-12-31 | $1.67 | $5.15 | x |
| 2019-12-31 | $1.70 | $5.15 | x |
| 2020-12-31 | $1.66 | $5.15 | x |
| 2021-12-31 | $1.79 | $5.15 | x |
| 2022-12-31 | $1.79 | $5.15 | x |
| 2023-12-31 | $1.70 | $5.15 | x |
| 2024-12-31 | $1.59 | $5.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Growers Cooperative 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): 24.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.74%
- • Asset Turnover: 2.49x
- • Equity Multiplier: 1.01x
- Recent ROE (24.46%) is above the historical average (18.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 10.32% | 0.00% | 0.00x | 1.00x | $182.10K |
| 2011 | 11.42% | 6.72% | 1.70x | 1.00x | $665.60K |
| 2012 | 13.09% | 6.05% | 2.16x | 1.00x | $1.33 Million |
| 2013 | 12.95% | 6.00% | 2.16x | 1.00x | $1.13 Million |
| 2014 | 15.39% | 7.81% | 1.96x | 1.01x | $1.84 Million |
| 2015 | 15.81% | 7.96% | 1.97x | 1.01x | $1.65 Million |
| 2016 | 20.12% | 9.11% | 2.19x | 1.01x | $2.39 Million |
| 2017 | 34.98% | 18.40% | 1.88x | 1.01x | $6.56 Million |
| 2018 | 24.85% | 12.82% | 1.92x | 1.01x | $3.84 Million |
| 2019 | -1.61% | -0.78% | 2.04x | 1.01x | $-3.06 Million |
| 2020 | 21.64% | 11.03% | 1.95x | 1.01x | $3.00 Million |
| 2021 | 28.94% | 8.97% | 3.20x | 1.01x | $5.26 Million |
| 2022 | 24.16% | 6.22% | 3.86x | 1.01x | $3.91 Million |
| 2023 | 20.19% | 6.06% | 3.28x | 1.02x | $2.69 Million |
| 2024 | 24.46% | 9.74% | 2.49x | 1.01x | $3.57 Million |
Industry Comparison
This section compares Golden Growers Cooperative'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 |
|---|---|---|---|---|
| Golden Growers Cooperative (GGROU) | $18.53 Million | 10.32% | 0.19x | $76.22 Million |
| 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 |