The Limestone Boat Company Limited
The Limestone Boat Company Limited designs, manufactures, and distributes recreational and commercial powerboats. It sells its products under the Limestone, Boca Bay, and Aquasport brands. The company is headquartered in Collingwood, Canada.
The Limestone Boat Company Limited (LMSBF) - Net Assets
Latest net assets as of December 2023: $-20.76 Million USD
Based on the latest financial reports, The Limestone Boat Company Limited (LMSBF) has net assets worth $-20.76 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.45 Million) and total liabilities ($25.20 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 | $-20.76 Million |
| % of Total Assets | -466.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 972.13 |
The Limestone Boat Company Limited - Net Assets Trend (2019–2023)
This chart illustrates how The Limestone Boat Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Limestone Boat Company Limited (2019–2023)
The table below shows the annual net assets of The Limestone Boat Company Limited from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | $-16.67 Million | -2132.20% |
| 2022-03-31 | $820.28K | +275.15% |
| 2021-03-31 | $218.66K | -63.99% |
| 2020-03-31 | $607.18K | +75.40% |
| 2019-03-31 | $346.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Limestone Boat Company Limited'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 3146802600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.80 Million | % |
| Other Comprehensive Income | $-63.20K | % |
| Other Components | $3.10 Million | % |
| Total Equity | $-16.67 Million | 100.00% |
The Limestone Boat Company Limited Competitors by Market Cap
The table below lists competitors of The Limestone Boat Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EIENDOMSSPAR
OL:EISP
|
$476.31K |
|
Black Sea Property A/S
OL:BSP
|
$476.55K |
|
Lisi SA
STU:LI3
|
$476.60K |
|
Global Energy Metals Corp
OTCQB:GBLEF
|
$476.75K |
|
BANK PEKAO
MU:BP1
|
$475.94K |
|
Nexpe Participações S.A.
SA:NEXP3
|
$475.79K |
|
NEE-P-T
NYSE:NEE-P-T
|
$475.69K |
|
ROYAL CANADIAN MINT CDN GLD RES
TO:MNT-U
|
$475.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Limestone Boat Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 820,283 to -16,669,827, a change of -17,490,110 (-2132.2%).
- Net loss of 14,046,181 reduced equity.
- New share issuances of 2,604,320 increased equity.
- Other comprehensive income increased equity by 72,873.
- Other factors decreased equity by 6,121,122.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.05 Million | -84.26% |
| Share Issuances | $2.60 Million | +15.62% |
| Other Comprehensive Income | $72.87K | +0.44% |
| Other Changes | $-6.12 Million | -36.72% |
| Total Change | $- | -2132.20% |
Book Value vs Market Value Analysis
This analysis compares The Limestone Boat Company Limited'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 |
|---|---|---|---|
| 2019-03-31 | $0.03 | $0.00 | x |
| 2020-03-31 | $0.05 | $0.00 | x |
| 2021-03-31 | $0.00 | $0.00 | x |
| 2022-03-31 | $0.01 | $0.00 | x |
| 2023-03-31 | $-0.14 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Limestone Boat Company Limited 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: -143.64%
- • Asset Turnover: 2.72x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-471.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -13.39% | 0.00% | 0.00x | 1.15x | $-80.95K |
| 2020 | -29.23% | 0.00% | 0.00x | 1.12x | $-238.21K |
| 2021 | -740.31% | -126.91% | 1.04x | 5.59x | $-1.64 Million |
| 2022 | -1574.53% | -197.08% | 0.36x | 22.33x | $-13.00 Million |
| 2023 | 0.00% | -143.64% | 2.72x | 0.00x | $-12.38 Million |
Industry Comparison
This section compares The Limestone Boat Company Limited's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Limestone Boat Company Limited (LMSBF) | $-20.76 Million | -13.39% | N/A | $476.25K |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |