Mix1 Life Inc
Mix1 Life, Inc. engages in the development, marketing, and distribution of nutritional supplements in the United States. It offers ready-to-drink protein shakes under the mix1 brand name, which are intended to be consumed as a post work out, snack replacement, meal supplement, or a meal replacement. The company was formerly known as Antaga International Corp and changed its name to Mix 1 Life, In… Read more
Mix1 Life Inc (MIXX) - Net Assets
Latest net assets as of May 2016: $12.81 Million USD
Based on the latest financial reports, Mix1 Life Inc (MIXX) has net assets worth $12.81 Million USD as of May 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.97 Million) and total liabilities ($8.16 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 | $12.81 Million |
| % of Total Assets | 61.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.61 |
Mix1 Life Inc - Net Assets Trend (2012–2015)
This chart illustrates how Mix1 Life 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 Mix1 Life Inc (2012–2015)
The table below shows the annual net assets of Mix1 Life Inc from 2012 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-08-31 | $11.51 Million | -40.96% |
| 2014-08-31 | $19.50 Million | -1.74% |
| 2013-08-31 | $19.85 Million | -- |
| 2012-08-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mix1 Life 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 1979039100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.16K | 0.11% |
| Other Components | $31.29 Million | 271.80% |
| Total Equity | $11.51 Million | 100.00% |
Mix1 Life Inc Competitors by Market Cap
The table below lists competitors of Mix1 Life Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amper SA
MU:APR
|
$1.50K |
|
Spirits Time International Inc
PINK:SRSG
|
$1.50K |
|
Arno Therapeutics
OTCGREY:ARNI
|
$1.50K |
|
RENALYTIX SP.ADS/2
F:2O9A
|
$1.50K |
|
ECOFIN US REN.IN. DL -01
F:9FV
|
$1.50K |
|
Resus Energy PLC
CM:HPWRN0000
|
$1.50K |
|
Québec Nickel Corp.
F:7IB0
|
$1.49K |
|
CGX ENERGY (GXCN.SG)
STU:GXCN
|
$1.49K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mix1 Life Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 19,502,439 to 11,513,296, a change of -7,989,143 (-41.0%).
- Net loss of 17,736,766 reduced equity.
- Other factors increased equity by 9,747,623.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.74 Million | -154.05% |
| Other Changes | $9.75 Million | +84.66% |
| Total Change | $- | -40.96% |
Book Value vs Market Value Analysis
This analysis compares Mix1 Life 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 |
|---|---|---|---|
| 2010-08-31 | $0.00 | $0.00 | x |
| 2011-08-31 | $0.00 | $0.00 | x |
| 2012-08-31 | $0.00 | $0.00 | x |
| 2013-08-31 | $3.07 | $0.00 | x |
| 2014-08-31 | $1.95 | $0.00 | x |
| 2015-08-31 | $0.95 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mix1 Life 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): -154.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1151.29%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.98x
- Recent ROE (-154.05%) is below the historical average (-38.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -8.49% | 0.00% | 0.00x | 1.00x | $-4.13K |
| 2011 | -56.96% | 0.00% | 0.00x | 1.00x | $-9.53K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.92K |
| 2013 | -0.17% | 0.00% | 0.00x | 1.00x | $-2.02 Million |
| 2014 | -10.23% | -99576.80% | 0.00x | 1.06x | $-3.95 Million |
| 2015 | -154.05% | -1151.29% | 0.07x | 1.98x | $-18.89 Million |
Industry Comparison
This section compares Mix1 Life Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mix1 Life Inc (MIXX) | $12.81 Million | -8.49% | 0.64x | $1.50K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |