Nextgen Food Robotics Corp
Nextgen Food Robotics Corp. operates as multi-division food manufacturer. It operates commissary and ghost kitchen division that offers support and services to food entrepreneurs; and co-pack and private label contract manufacturing division, which uses automated robotic equipment to manufacture food products for the retail sector, as well as offers in-house production of its plant-based brand. T… Read more
Nextgen Food Robotics Corp (NGRBF) - Net Assets
Latest net assets as of January 2024: $2.68 Million USD
Based on the latest financial reports, Nextgen Food Robotics Corp (NGRBF) has net assets worth $2.68 Million USD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.95 Million) and total liabilities ($1.27 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 | $2.68 Million |
| % of Total Assets | 67.85% |
| Annual Growth Rate | -46.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Nextgen Food Robotics Corp - Net Assets Trend (2022–2023)
This chart illustrates how Nextgen Food Robotics 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 Nextgen Food Robotics Corp (2022–2023)
The table below shows the annual net assets of Nextgen Food Robotics Corp from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-04-30 | $2.00 Million | -46.01% |
| 2022-04-30 | $3.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nextgen Food Robotics 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 197811200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $5.59 Million | 279.85% |
| Total Equity | $2.00 Million | 100.00% |
Nextgen Food Robotics Corp Competitors by Market Cap
The table below lists competitors of Nextgen Food Robotics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CICC Fund Management Co Ltd - CICC Xiamen Affordable Rental Housing Infrastructure - Fund
SHG:508058
|
$5.06K |
|
Elite Capital Modaraba 1st
KAR:ELCM
|
$5.06K |
|
NaviFUS Corp.
TWO:6872
|
$5.07K |
|
Shen's Art Printing Co., Ltd.
TWO:8921
|
$5.07K |
|
Tom Tailor Holding SE
HM:TTI
|
$5.05K |
|
Made Tech Group PLC
LSE:MTEC
|
$5.04K |
|
Egyptian Media Production City
EGX:MPRC
|
$5.03K |
|
CHINA TELECOM -H-
MU:ZCH
|
$5.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nextgen Food Robotics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,698,238 to 1,996,799, a change of -1,701,439 (-46.0%).
- Net loss of 1,978,112 reduced equity.
- New share issuances of 2,542,927 increased equity.
- Other factors decreased equity by 2,266,254.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.98 Million | -99.06% |
| Share Issuances | $2.54 Million | +127.35% |
| Other Changes | $-2.27 Million | -113.49% |
| Total Change | $- | -46.01% |
Book Value vs Market Value Analysis
This analysis compares Nextgen Food Robotics 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
- Current price-to-book ratio: 0.41x
- 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.
- The price-to-book ratio has increased from 0.22x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-04-30 | $0.10 | $0.02 | x |
| 2023-04-30 | $0.05 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nextgen Food Robotics 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): -99.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -963.33%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.18x
- Recent ROE (-99.06%) is below the historical average (-67.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -36.79% | 0.00% | 0.00x | 1.29x | $-1.73 Million |
| 2023 | -99.06% | -963.33% | 0.09x | 1.18x | $-2.18 Million |
Industry Comparison
This section compares Nextgen Food Robotics Corp'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 |
|---|---|---|---|---|
| Nextgen Food Robotics Corp (NGRBF) | $2.68 Million | -36.79% | 0.47x | $5.05K |
| 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 |