Lift & Co Corp
Lift & Co. Corp. operates as a cannabis-focused technology and media company in Canada. The company monetizes a platform of advertising solutions, events, and data insights to cannabis businesses and consumers for making better-informed decisions. It operates a product-comparison resource of federally regulated cannabis products; provides customized marketing solutions and data-backed insights in… Read more
Lift & Co Corp (LFCOF) - Net Assets
Latest net assets as of December 2019: $-4.31 Million USD
Based on the latest financial reports, Lift & Co Corp (LFCOF) has net assets worth $-4.31 Million USD as of December 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.42 Million) and total liabilities ($11.73 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 | $-4.31 Million |
| % of Total Assets | -58.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Lift & Co Corp - Net Assets Trend (2017–2019)
This chart illustrates how Lift & Co Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lift & Co Corp (2017–2019)
The table below shows the annual net assets of Lift & Co Corp from 2017 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-03-31 | $-2.44 Million | -500.35% |
| 2018-03-31 | $609.23K | +310.76% |
| 2017-03-31 | $-289.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lift & Co Corp'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 1394438100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.03 Million | % |
| Other Comprehensive Income | $-8.43K | % |
| Other Components | $1.26 Million | % |
| Total Equity | $-2.44 Million | 100.00% |
Lift & Co Corp Competitors by Market Cap
The table below lists competitors of Lift & Co Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MATSUI SEC - Dusseldorf Stock Exchang
DU:MTW
|
$50.70K |
|
IMPERIAL METALS (L7D.SG)
STU:L7D
|
$50.76K |
|
Ocean Wilsons Holdings Ltd
LSE:OCN
|
$50.77K |
|
ELEKTA -B- FR (EJXB.SG)
STU:EJXB
|
$50.84K |
|
Sebata Holdings Ltd
JSE:SEB
|
$50.69K |
|
NEWFOUNDLAND DISCOV.CORP.
F:M4K
|
$50.61K |
|
SCHWEIZER ELECTR N
BE:SCE
|
$50.60K |
|
Anderson Energy Inc
F:8DA1
|
$50.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lift & Co Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 609,234 to -2,439,038, a change of -3,048,272 (-500.3%).
- Net loss of 7,956,982 reduced equity.
- New share issuances of 6,401,757 increased equity.
- Other comprehensive income decreased equity by 8,427.
- Other factors decreased equity by 1,484,620.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.96 Million | -326.23% |
| Share Issuances | $6.40 Million | +262.47% |
| Other Comprehensive Income | $-8.43K | -0.35% |
| Other Changes | $-1.48 Million | -60.87% |
| Total Change | $- | -500.35% |
Book Value vs Market Value Analysis
This analysis compares Lift & Co Corp'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 |
|---|---|---|---|
| 2018-03-31 | $0.32 | $0.00 | x |
| 2019-03-31 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lift & Co Corp 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: -137.84%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-327.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -133.76% | 0.64x | 0.00x | $-1.33 Million |
| 2018 | -982.77% | -259.31% | 3.75x | 1.01x | $-6.05 Million |
| 2019 | 0.00% | -137.84% | 0.89x | 0.00x | $-7.71 Million |
Industry Comparison
This section compares Lift & Co Corp's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lift & Co Corp (LFCOF) | $-4.31 Million | 0.00% | N/A | $50.69K |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |