Kona Gold Solutions Inc
NuVibe, Inc., a lifestyle company, develops and sells hemp and cannabidiol (CBD) products in the functional beverage and fitness markets in the United States. It offers hemp energy drinks and CBD energy water; and alkaline waters, beverages for kids, energy drinks, fruit-flavored sodas, low-carb lemonade, healthy aloe juice drinks, snack products, and CBD-infused jellybeans. It sells its products… Read more
Kona Gold Solutions Inc (KGKG) - Net Assets
Latest net assets as of September 2025: $-2.06 Million USD
Based on the latest financial reports, Kona Gold Solutions Inc (KGKG) has net assets worth $-2.06 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 ($177.91K) and total liabilities ($2.24 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 | $-2.06 Million |
| % of Total Assets | -1159.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -574.93% |
| Growth Volatility | 1891.74 |
Kona Gold Solutions Inc - Net Assets Trend (2009–2024)
This chart illustrates how Kona Gold Solutions 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 Kona Gold Solutions Inc (2009–2024)
The table below shows the annual net assets of Kona Gold Solutions Inc from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.25 Million | +49.68% |
| 2023-12-31 | $-4.47 Million | -18.67% |
| 2022-12-31 | $-3.77 Million | +8.71% |
| 2021-12-31 | $-4.12 Million | -44.34% |
| 2020-12-31 | $-2.86 Million | -43.53% |
| 2019-12-31 | $-1.99 Million | -2070.37% |
| 2018-12-31 | $101.05K | +159.05% |
| 2017-12-31 | $-171.11K | -301.90% |
| 2016-12-31 | $-42.58K | -108.99% |
| 2011-12-31 | $473.45K | +3200.20% |
| 2010-12-31 | $14.35K | -63.83% |
| 2009-12-31 | $39.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kona Gold Solutions 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 68195.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $59.89K | % |
| Other Comprehensive Income | $1.39 Million | % |
| Other Components | $22.63 Million | % |
| Total Equity | $-2.25 Million | 100.00% |
Kona Gold Solutions Inc Competitors by Market Cap
The table below lists competitors of Kona Gold Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canadian General Investments Ltd
PINK:CGRIF
|
$244.07K |
|
Essity AB
STU:ESWB
|
$244.14K |
|
Athene Holding Ltd. 7.250% Fixed
NYSE:ATHS
|
$244.16K |
|
Strats SM Trust for Wal Mart Stores Inc Securities Series 2005-4 GIC
NYSE:GJO
|
$244.18K |
|
Harrow Health Inc. 8.625% Senior Notes due 2026
NASDAQ:HROWL
|
$243.96K |
|
CIE DES ALPES (CDA)
F:JCA
|
$243.78K |
|
TOCT
BATS:TOCT
|
$243.61K |
|
AGROB IMMO VZ (AGR3.SG)
STU:AGR3
|
$243.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kona Gold Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,468,467 to -2,248,557, a change of 2,219,910.
- Net loss of 260,299 reduced equity.
- Other comprehensive income decreased equity by 79.
- Other factors increased equity by 2,480,288.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-260.30K | -11.58% |
| Other Comprehensive Income | $-79.00 | -0.0% |
| Other Changes | $2.48 Million | +110.31% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Kona Gold Solutions 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 |
|---|---|---|---|
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kona Gold Solutions 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: -1635.97%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (28.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 104.11% | 54.47% | 0.36x | 5.31x | $37.33K |
| 2010 | -167.97% | -7.15% | 0.80x | 29.29x | $-25.53K |
| 2011 | 27.93% | 20.72% | 1.13x | 1.20x | $84.90K |
| 2012 | 635.81% | 43.81% | 14.51x | 1.00x | $171.76K |
| 2013 | -23.57% | 0.00% | 0.00x | 1.00x | $-37.74K |
| 2016 | 0.00% | -3280.72% | 0.04x | 0.00x | $-139.24K |
| 2017 | 0.00% | -691.82% | 0.00x | 0.00x | $-251.30K |
| 2018 | -180.96% | -86.78% | 1.57x | 1.33x | $-192.96K |
| 2019 | 0.00% | -109.46% | 1.19x | 0.00x | $-1.59 Million |
| 2020 | 0.00% | -343.39% | 0.47x | 0.00x | $-2.84 Million |
| 2021 | 0.00% | -283.21% | 0.82x | 0.00x | $-6.61 Million |
| 2022 | 0.00% | -164.60% | 2.01x | 0.00x | $-6.94 Million |
| 2023 | 0.00% | -138.04% | 10.91x | 0.00x | $-3.82 Million |
| 2024 | 0.00% | -1635.97% | 0.09x | 0.00x | $-35.44K |
Industry Comparison
This section compares Kona Gold Solutions Inc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $91,942,689,968
- Average return on equity (ROE) among peers: -129.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kona Gold Solutions Inc (KGKG) | $-2.06 Million | 104.11% | N/A | $244.04K |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| Signet International Holdings Inc (AQPW) | $129.01K | -179.65% | 2.11x | $740.86K |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |