Halo Collective Inc
Halo Collective Inc., together with its subsidiaries, engages in the cultivation, manufacture, transportation, and distribution of cannabis and cannabis extracts in Canada and the United States. The company offers concentrates, such as shatter, sauce, live resin, badder, hash, rosin, and THC-A crystals; and oils in both in raw and distillated form in various strains and flavors, as well as strain… Read more
Halo Collective Inc (HCANF) - Net Assets
Latest net assets as of June 2023: $19.74 Million USD
Based on the latest financial reports, Halo Collective Inc (HCANF) has net assets worth $19.74 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.19 Million) and total liabilities ($24.46 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 | $19.74 Million |
| % of Total Assets | 44.66% |
| Annual Growth Rate | 17.61% |
| 5-Year Change | 99.47% |
| 10-Year Change | 752.24% |
| Growth Volatility | 593.06 |
Halo Collective Inc - Net Assets Trend (1999–2022)
This chart illustrates how Halo Collective 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 Halo Collective Inc (1999–2022)
The table below shows the annual net assets of Halo Collective Inc from 1999 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $29.43 Million | -55.71% |
| 2021-12-31 | $66.46 Million | +11.47% |
| 2020-12-31 | $59.62 Million | +145.43% |
| 2019-12-31 | $24.29 Million | +64.63% |
| 2018-12-31 | $14.76 Million | +2737.01% |
| 2017-12-31 | $520.13K | -52.33% |
| 2016-12-31 | $1.09 Million | +0.00% |
| 2015-12-31 | $1.09 Million | -64.58% |
| 2014-12-31 | $3.08 Million | -10.82% |
| 2013-12-31 | $3.45 Million | -91.60% |
| 2012-12-31 | $41.14 Million | -3.25% |
| 2011-12-31 | $42.52 Million | -10.92% |
| 2010-12-31 | $47.73 Million | +239.95% |
| 2009-12-31 | $14.04 Million | +56.60% |
| 2008-12-31 | $8.97 Million | -39.98% |
| 2007-12-31 | $14.94 Million | +51.65% |
| 2006-12-31 | $9.85 Million | -15.26% |
| 2005-12-31 | $11.63 Million | +1105.79% |
| 2004-12-31 | $964.15K | +123.11% |
| 2003-12-31 | $432.14K | +18.76% |
| 2002-12-31 | $363.89K | -3.02% |
| 2001-12-31 | $375.21K | -7.69% |
| 2000-12-31 | $406.46K | -42.35% |
| 1999-12-31 | $705.09K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Halo Collective 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 26144735392.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $277.82 Million | 852.75% |
| Other Comprehensive Income | $17.71 Million | 54.36% |
| Total Equity | $32.58 Million | 100.00% |
Halo Collective Inc Competitors by Market Cap
The table below lists competitors of Halo Collective Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RANI3F
SA:RANI3F
|
$14.93K |
|
HiDeep Inc.
KO:365590
|
$14.93K |
|
United Alloy-Tech Company
TWO:3162
|
$14.96K |
|
HighCom Global Security Inc
PINK:HCGS
|
$14.96K |
|
CATHEDRAL EGY
BE:T80
|
$14.92K |
|
Kiwoom No.7 Special Purpose Acquisition Co.
KO:433530
|
$14.91K |
|
AUSDRILL
BE:FWG
|
$14.88K |
|
SANY HEAVY EQUIP
MU:YXS
|
$14.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halo Collective Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 68,752,384 to 32,579,136, a change of -36,173,248 (-52.6%).
- Net loss of 83,869,000 reduced equity.
- New share issuances of 7,905,601 increased equity.
- Other comprehensive income decreased equity by 2,622,336.
- Other factors increased equity by 42,412,487.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-83.87 Million | -257.43% |
| Share Issuances | $7.91 Million | +24.27% |
| Other Comprehensive Income | $-2.62 Million | -8.05% |
| Other Changes | $42.41 Million | +130.18% |
| Total Change | $- | -52.61% |
Book Value vs Market Value Analysis
This analysis compares Halo Collective 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: 0.00x
- 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 |
|---|---|---|---|
| 1999-12-31 | $1401.76 | $0.00 | x |
| 2000-12-31 | $58065.43 | $0.00 | x |
| 2001-12-31 | $53601.43 | $0.00 | x |
| 2002-12-31 | $723.44 | $0.00 | x |
| 2003-12-31 | $30867.14 | $0.00 | x |
| 2004-12-31 | $37082.62 | $0.00 | x |
| 2005-12-31 | $5054.61 | $0.00 | x |
| 2006-12-31 | $147029.45 | $0.00 | x |
| 2007-12-31 | $2814.51 | $0.00 | x |
| 2008-12-31 | $1376.86 | $0.00 | x |
| 2009-12-31 | $1292.98 | $0.00 | x |
| 2010-12-31 | $2620.51 | $0.00 | x |
| 2011-12-31 | $1448.94 | $0.00 | x |
| 2012-12-31 | $1292.97 | $0.00 | x |
| 2013-12-31 | $4983.70 | $0.00 | x |
| 2014-12-31 | $4444.65 | $0.00 | x |
| 2015-12-31 | $1227.12 | $0.00 | x |
| 2016-12-31 | $1227.12 | $0.00 | x |
| 2017-12-31 | $634.10 | $0.00 | x |
| 2018-12-31 | $2360.98 | $0.00 | x |
| 2019-12-31 | $61.82 | $0.00 | x |
| 2020-12-31 | $52.67 | $0.00 | x |
| 2021-12-31 | $59.84 | $0.00 | x |
| 2022-12-31 | $4.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halo Collective 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): -257.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -341.78%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.75x
- Recent ROE (-257.43%) is below the historical average (-97.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -35.05% | 0.00% | 0.00x | 1.01x | $-317.66K |
| 2000 | -69.76% | -794.63% | 0.09x | 1.02x | $-324.20K |
| 2001 | -8.11% | -225.01% | 0.04x | 1.01x | $-67.97K |
| 2002 | -16.09% | -1858.50% | 0.01x | 1.03x | $-94.93K |
| 2003 | -102.69% | -9774.56% | 0.01x | 1.04x | $-486.98K |
| 2004 | -67.33% | -7651.75% | 0.01x | 1.02x | $-745.59K |
| 2005 | -29.80% | 0.00% | 0.00x | 1.26x | $-4.63 Million |
| 2006 | -41.53% | 0.00% | 0.00x | 1.23x | $-5.08 Million |
| 2007 | -17.02% | 0.00% | 0.00x | 1.24x | $-4.04 Million |
| 2008 | -60.75% | 0.00% | 0.00x | 1.07x | $-6.34 Million |
| 2009 | -3.50% | 0.00% | 0.00x | 1.02x | $-1.90 Million |
| 2010 | -10.17% | 0.00% | 0.00x | 1.07x | $-9.63 Million |
| 2011 | -8.61% | 0.00% | 0.00x | 1.04x | $-7.91 Million |
| 2012 | -8.19% | 0.00% | 0.00x | 1.05x | $-7.48 Million |
| 2013 | -1173.72% | 0.00% | 0.00x | 3.21x | $-40.88 Million |
| 2014 | 3.63% | 0.00% | 0.00x | 1.39x | $-196.28K |
| 2015 | 121.98% | 0.00% | 0.00x | 1.11x | $1.23 Million |
| 2016 | 26.62% | 5.77% | 4.16x | 1.11x | $182.99K |
| 2017 | -167.55% | -9.52% | 0.98x | 17.98x | $-1.01 Million |
| 2018 | -92.96% | -125.88% | 0.56x | 1.31x | $-15.19 Million |
| 2019 | -113.69% | -98.11% | 0.67x | 1.73x | $-30.05 Million |
| 2020 | -69.08% | -190.31% | 0.25x | 1.47x | $-47.15 Million |
| 2021 | -137.61% | -261.51% | 0.35x | 1.52x | $-101.49 Million |
| 2022 | -257.43% | -341.78% | 0.43x | 1.75x | $-87.13 Million |
Industry Comparison
This section compares Halo Collective Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Halo Collective Inc (HCANF) | $19.74 Million | -35.05% | 1.24x | $14.93K |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |