The Planting Hope Company Inc
The Planting Hope Company Inc. operates as a foodtech company in the United States, Canada, and internationally. The company offers plant-based milk products under the Hope and Sesame brand name; veggie chips under the Mozaics brand name; single serving dip cups and snack olives under the Veggicopia brand name; and plant-based rice products under the RightRice brand name. It sells its products th… Read more
The Planting Hope Company Inc (MYLKF) - Net Assets
Latest net assets as of September 2023: $-3.82 Million USD
Based on the latest financial reports, The Planting Hope Company Inc (MYLKF) has net assets worth $-3.82 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.86 Million) and total liabilities ($11.69 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 | $-3.82 Million |
| % of Total Assets | -48.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
The Planting Hope Company Inc - Net Assets Trend (2020–2022)
This chart illustrates how The Planting Hope Company 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 The Planting Hope Company Inc (2020–2022)
The table below shows the annual net assets of The Planting Hope Company Inc from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.64 Million | +138.23% |
| 2021-12-31 | $-4.29 Million | -36.89% |
| 2020-12-31 | $-3.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Planting Hope Company 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 2540615400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.29 Million | 2092.56% |
| Other Comprehensive Income | $4.14 Million | 252.62% |
| Other Components | $766.97K | 46.80% |
| Total Equity | $1.64 Million | 100.00% |
The Planting Hope Company Inc Competitors by Market Cap
The table below lists competitors of The Planting Hope Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fitness Champs Holdings Limited Common Stock
NASDAQ:FCHL
|
$1.13 Million |
|
NT Minerals Ltd
AU:NTM
|
$1.13 Million |
|
BT Wealth Industries Public Company Limited
BK:BTW
|
$1.13 Million |
|
Chaoda Modern Agriculture Holdings Ltd
PINK:CMGHF
|
$1.13 Million |
|
Unfold.vc ASI S.A.
WAR:UNF
|
$1.13 Million |
|
Minco Capital Corp
OTCQB:MGHCF
|
$1.13 Million |
|
Ionic Rare Earths Limited
PINK:IXRRF
|
$1.13 Million |
|
Powerdyne International Inc
PINK:PWDY
|
$1.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Planting Hope Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -4,286,746 to 1,638,774, a change of 5,925,520.
- Net loss of 7,805,766 reduced equity.
- New share issuances of 13,574,554 increased equity.
- Other comprehensive income increased equity by 4,148,801.
- Other factors decreased equity by 3,992,069.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.81 Million | -476.32% |
| Share Issuances | $13.57 Million | +828.34% |
| Other Comprehensive Income | $4.15 Million | +253.16% |
| Other Changes | $-3.99 Million | -243.6% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares The Planting Hope Company 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: 0.86x
- 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 |
|---|---|---|---|
| 2020-12-31 | $-0.04 | $0.02 | x |
| 2021-12-31 | $-0.05 | $0.02 | x |
| 2022-12-31 | $0.02 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Planting Hope Company 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): -476.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -86.92%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 6.01x
- Recent ROE (-476.32%) is below the historical average (-158.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -256.73% | 1.64x | 0.00x | $-2.22 Million |
| 2021 | 0.00% | -758.22% | 0.31x | 0.00x | $-17.17 Million |
| 2022 | -476.32% | -86.92% | 0.91x | 6.01x | $-7.97 Million |
Industry Comparison
This section compares The Planting Hope Company Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,768,351,202
- Average return on equity (ROE) among peers: -224.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Planting Hope Company Inc (MYLKF) | $-3.82 Million | 0.00% | N/A | $1.13 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $18.58 Million |
| The a2 Milk Company Limited (ACOPF) | $58.64 Million | 0.02% | 0.31x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $668.89K | -63.57% | 1.39x | $90.84 |
| Alfa S.A.B. de C.V (ALFFF) | $43.29 Billion | 8.20% | 1.29x | $2.16 Billion |
| Amincor Inc (AMNCB) | $1.83 Million | -1769.92% | 18.32x | $2.21K |
| Armanino Foods New (AMNF) | $5.68 Million | 50.87% | 0.65x | $71.04K |
| Amira Nature Foods Ltd (ANFIF) | $171.84 Million | 17.43% | 1.45x | $128.79 |
| AAK AB (publ.) (ARHUF) | $3.56 Billion | 16.89% | 1.80x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $9.48K | -513.58% | 0.36x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |