Red Oak Hereford Farms Inc
Red Oak Hereford Farms, Inc. through its subsidiaries, Red Oak Farms, Inc. and My Favorite Jerky, LLC markets branded fresh beef and processed beef products. Its products are distributed to retail supermarkets, and food service and direct sales markets located throughout the United States. The company, through its wholly owned subsidiary, Midland Cattle Company, Inc., buys and sells feeder cattle… Read more
Red Oak Hereford Farms Inc (HERF) - Net Assets
Latest net assets as of June 2024: $-102.94K USD
Based on the latest financial reports, Red Oak Hereford Farms Inc (HERF) has net assets worth $-102.94K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.81K) and total liabilities ($105.74K). 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 | $-102.94K |
| % of Total Assets | -3668.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | -105.04% |
| 10-Year Change | N/A |
| Growth Volatility | 193.39 |
Red Oak Hereford Farms Inc - Net Assets Trend (1996–2023)
This chart illustrates how Red Oak Hereford Farms 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 Red Oak Hereford Farms Inc (1996–2023)
The table below shows the annual net assets of Red Oak Hereford Farms Inc from 1996 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-85.92K | -19.38% |
| 2022-12-31 | $-71.97K | +98.00% |
| 1999-12-31 | $-3.60 Million | -8.21% |
| 1998-12-31 | $-3.33 Million | -295.58% |
| 1997-12-31 | $1.70 Million | +91.20% |
| 1996-12-31 | $890.74K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Oak Hereford Farms 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 1854219300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.36K | % |
| Other Components | $18.42 Million | % |
| Total Equity | $-85.92K | 100.00% |
Red Oak Hereford Farms Inc Competitors by Market Cap
The table below lists competitors of Red Oak Hereford Farms Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Value & Income Trust
LSE:VIP
|
$226.51 |
|
T M M Inc New
PINK:TMMI
|
$226.54 |
|
Top End Energy Ltd
AU:TEE
|
$226.78 |
|
EMPEROR INTL HLDGS
MU:EM3A
|
$226.78 |
|
Cape Lambert Resources Limited
STU:HM5
|
$225.39 |
|
Oracle Commodity Holding Corp.
OTCGREY:ORLCF
|
$224.61 |
|
Blackrock North American Income Trust PLC
LSE:BRSA
|
$223.60 |
|
Engage XR Holdings PLC
LSE:EXR
|
$223.50 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Oak Hereford Farms Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -71,975 to -85,919, a change of -13,944.
- Net loss of 13,944 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.94K | -16.23% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Red Oak Hereford Farms 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 |
|---|---|---|---|
| 1998-12-31 | $-0.22 | $0.03 | x |
| 1999-12-31 | $-0.22 | $0.03 | x |
| 2022-12-31 | $0.00 | $0.03 | x |
| 2023-12-31 | $0.00 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Oak Hereford Farms 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 (-98.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -326.46% | -2.36% | 20.61x | 6.72x | $-3.00 Million |
| 1997 | -264.15% | -4.27% | 17.63x | 3.51x | $-4.67 Million |
| 1998 | 0.00% | -9.56% | 23.15x | 0.00x | $-6.25 Million |
| 1999 | 0.00% | -5.06% | 11.82x | 0.00x | $-3.28 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-64.78K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.35K |
Industry Comparison
This section compares Red Oak Hereford Farms Inc'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 |
|---|---|---|---|---|
| Red Oak Hereford Farms Inc (HERF) | $-102.94K | -326.46% | N/A | $226.33 |
| 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 |