Groove Botanicals Inc
Groove Botanicals, Inc., does not have significant operations. Previously, it was involved in the assembly of a portfolio of early-stage EV battery technologies from Universities in Norway, Sweden, and Finland. The company was formerly known as Avalon Oil & Gas, Inc. and changed its name to Groove Botanicals, Inc. in May 2018. Groove Botanicals, Inc. is headquartered in Minneapolis, Minnesota.
Groove Botanicals Inc (GRVE) - Net Assets
Latest net assets as of September 2025: $-1.29 Million USD
Based on the latest financial reports, Groove Botanicals Inc (GRVE) has net assets worth $-1.29 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 ($8.16K) and total liabilities ($1.30 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 | $-1.29 Million |
| % of Total Assets | -15796.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 75.2 |
Groove Botanicals Inc - Net Assets Trend (1993–2025)
This chart illustrates how Groove Botanicals 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 Groove Botanicals Inc (1993–2025)
The table below shows the annual net assets of Groove Botanicals Inc from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-1.11 Million | -45.93% |
| 2024-03-31 | $-760.56K | -73.53% |
| 2023-03-31 | $-438.30K | +3.66% |
| 2022-03-31 | $-454.94K | +12.94% |
| 2021-03-31 | $-522.53K | +63.45% |
| 2020-03-31 | $-1.43 Million | -8.01% |
| 2019-03-31 | $-1.32 Million | -141.61% |
| 2018-03-31 | $-547.82K | +36.83% |
| 2017-03-31 | $-867.24K | -58.31% |
| 2016-03-31 | $-547.82K | -132.41% |
| 2015-03-31 | $1.69 Million | +39.41% |
| 2014-03-31 | $1.21 Million | +174.23% |
| 2013-03-31 | $442.09K | -24.81% |
| 2012-03-31 | $587.99K | -43.84% |
| 2011-03-31 | $1.05 Million | +10.71% |
| 2010-03-31 | $945.68K | -65.76% |
| 2009-03-31 | $2.76 Million | +12.19% |
| 2008-03-31 | $2.46 Million | -10.85% |
| 2007-03-31 | $2.76 Million | +5123.92% |
| 2006-03-31 | $-54.97K | +87.97% |
| 2005-03-31 | $-457.11K | +30.23% |
| 2004-03-31 | $-655.14K | -24.96% |
| 2003-03-31 | $-524.27K | +68.76% |
| 2002-03-31 | $-1.68 Million | -4.54% |
| 2001-03-31 | $-1.61 Million | -646.66% |
| 2000-03-31 | $-215.00K | -109.77% |
| 1996-03-31 | $2.20 Million | -12.00% |
| 1995-03-31 | $2.50 Million | -53.70% |
| 1994-03-31 | $5.40 Million | +700.00% |
| 1993-03-31 | $-900.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Groove Botanicals 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 3429658100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $59.64K | % |
| Other Components | $34.03 Million | % |
| Total Equity | $-1.11 Million | 100.00% |
Groove Botanicals Inc Competitors by Market Cap
The table below lists competitors of Groove Botanicals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RheinLand Holding AG
DU:RLV
|
$357.90K |
|
FOBANK
CO:FOBANK
|
$358.19K |
|
SWE ORPHAN BIOVITRU
MU:B6E
|
$358.38K |
|
WDCX
BATS:WDCX
|
$358.74K |
|
Direct Digital Holdings Inc
NASDAQ:DRCT
|
$357.19K |
|
Dellia Grp ASA
OL:DELIA
|
$356.75K |
|
Serco Group
LSE:SRP
|
$356.54K |
|
Sempio Co.
KQ:007540
|
$356.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Groove Botanicals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -760,557 to -1,109,861, a change of -349,304.
- Net loss of 349,304 reduced equity.
- Other comprehensive income increased equity by 10.
- Other factors decreased equity by 10.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-349.30K | -31.47% |
| Other Comprehensive Income | $10.00 | +0.0% |
| Other Changes | $-10.00 | -0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Groove Botanicals 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-03-31 | $-966.70 | $0.01 | x |
| 1994-03-31 | $5800.21 | $0.01 | x |
| 1995-03-31 | $2685.28 | $0.01 | x |
| 1996-03-31 | $2363.05 | $0.01 | x |
| 2001-03-31 | $-1724.29 | $0.01 | x |
| 2002-03-31 | $-1538.20 | $0.01 | x |
| 2003-03-31 | $-243.40 | $0.01 | x |
| 2004-03-31 | $-105.04 | $0.01 | x |
| 2005-03-31 | $-58.15 | $0.01 | x |
| 2006-03-31 | $-2.85 | $0.01 | x |
| 2007-03-31 | $75.90 | $0.01 | x |
| 2008-03-31 | $33.54 | $0.01 | x |
| 2009-03-31 | $14.38 | $0.01 | x |
| 2010-03-31 | $2.34 | $0.01 | x |
| 2011-03-31 | $0.87 | $0.01 | x |
| 2012-03-31 | $0.16 | $0.01 | x |
| 2013-03-31 | $0.13 | $0.01 | x |
| 2014-03-31 | $0.12 | $0.01 | x |
| 2015-03-31 | $0.13 | $0.01 | x |
| 2017-03-31 | $-0.05 | $0.01 | x |
| 2018-03-31 | $-0.03 | $0.01 | x |
| 2019-03-31 | $-0.05 | $0.01 | x |
| 2020-03-31 | $-0.05 | $0.01 | x |
| 2021-03-31 | $-0.02 | $0.01 | x |
| 2022-03-31 | $-0.01 | $0.01 | x |
| 2023-03-31 | $-0.01 | $0.01 | x |
| 2024-03-31 | $-0.01 | $0.01 | x |
| 2025-03-31 | $-0.02 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Groove Botanicals 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-46.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | -300.00% | 1.00x | 0.00x | $-810.00K |
| 1994 | -16.67% | -300.00% | 0.05x | 1.06x | $-1.44 Million |
| 1995 | -100.00% | -833.33% | 0.11x | 1.12x | $-2.75 Million |
| 1996 | -172.73% | -422.22% | 0.33x | 1.23x | $-4.02 Million |
| 2001 | 0.00% | -4312.84% | 1.95x | 0.00x | $-5.66 Million |
| 2002 | 0.00% | -2148.70% | 1.60x | 0.00x | $-882.85K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $150.96K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-234.85K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-166.73K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-493.46K |
| 2007 | -124.57% | -6926.02% | 0.02x | 1.08x | $-3.72 Million |
| 2008 | -131.18% | -1292.56% | 0.09x | 1.11x | $-3.48 Million |
| 2009 | -75.49% | -650.17% | 0.08x | 1.54x | $-2.36 Million |
| 2010 | -240.37% | -865.44% | 0.11x | 2.62x | $-2.37 Million |
| 2011 | -125.73% | -700.46% | 0.07x | 2.58x | $-1.42 Million |
| 2012 | -125.37% | -290.35% | 0.10x | 4.45x | $-795.95K |
| 2013 | -169.49% | -458.09% | 0.06x | 5.80x | $-793.52K |
| 2014 | -64.83% | -502.79% | 0.06x | 2.25x | $-907.21K |
| 2015 | 5.94% | 90.89% | 0.04x | 1.63x | $-68.70K |
| 2016 | 0.00% | -4730.20% | 0.14x | 0.00x | $-2.44 Million |
| 2017 | 0.00% | -411.75% | 0.18x | 0.00x | $-134.75K |
| 2018 | 0.00% | -4730.20% | 0.14x | 0.00x | $-2.44 Million |
| 2019 | 0.00% | 39.65% | 0.08x | 0.00x | $157.65K |
| 2020 | 0.00% | -103.00% | 0.03x | 0.00x | $156.57K |
| 2021 | 0.00% | -14629.51% | 0.04x | 0.00x | $-289.35K |
| 2022 | 0.00% | -3607.28% | 0.17x | 0.00x | $-244.96K |
| 2023 | 0.00% | -10231.02% | 0.23x | 0.00x | $-76.90K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-126.03K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-238.32K |
Industry Comparison
This section compares Groove Botanicals Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Groove Botanicals Inc (GRVE) | $-1.29 Million | 0.00% | N/A | $357.83K |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |