Nate's Food Co
Nate's Food Co. engages in the Bitcoin mining activities. It operates application-specific integrated circuit computers designed for cryptocurrency mining. The company is also focusing on licensing its food products comprising a ready-to-use pre-mixed pancake and waffle batter delivered in a pressurized can. Nate's Food Co. is headquartered in Huntington Beach, California.
Nate's Food Co (NHMD) - Net Assets
Latest net assets as of November 2023: $-1.35 Million USD
Based on the latest financial reports, Nate's Food Co (NHMD) has net assets worth $-1.35 Million USD as of November 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($278.04K) and total liabilities ($1.63 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 | $-1.35 Million |
| % of Total Assets | -485.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 80.1 |
Nate's Food Co - Net Assets Trend (2007–2023)
This chart illustrates how Nate's Food Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nate's Food Co (2007–2023)
The table below shows the annual net assets of Nate's Food Co from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-05-31 | $-1.11 Million | -21.94% |
| 2022-05-31 | $-912.86K | +32.09% |
| 2021-05-31 | $-1.34 Million | +45.95% |
| 2020-05-31 | $-2.49 Million | -204.09% |
| 2019-05-31 | $-817.87K | -55.79% |
| 2018-05-31 | $-524.97K | 0.00% |
| 2017-05-31 | $-524.97K | +78.31% |
| 2016-05-31 | $-2.42 Million | -632.07% |
| 2015-05-31 | $-330.56K | -9767.55% |
| 2014-05-31 | $-3.35K | -241.23% |
| 2008-05-31 | $2.37K | -81.02% |
| 2007-05-31 | $12.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nate's Food Co'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 513031000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.21 Million | % |
| Other Components | $834.27K | % |
| Total Equity | $-1.11 Million | 100.00% |
Nate's Food Co Competitors by Market Cap
The table below lists competitors of Nate's Food Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capitan Investment Ltd
V:CAI
|
$283.50K |
|
Albaraka Turk Katilim Bankasi AS
IS:ALBRK
|
$283.95K |
|
Evome Medical Technologies Inc.
V:EVMT
|
$284.04K |
|
TAKEDA PHARMA (TKD.SG)
STU:TKD
|
$284.05K |
|
Neste Corp
STU:NEF
|
$283.30K |
|
SUMITOMO HEAVY IND
MU:SSM1
|
$283.12K |
|
Lån & Spar Invest Globale Akt Basis Akk
CO:LSIGAA
|
$283.07K |
|
DAIWA HOUSE IND
MU:DWH
|
$282.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nate's Food Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -912,858 to -1,113,117, a change of -200,259.
- Net loss of 251,000 reduced equity.
- Dividend payments of 6,733 reduced retained earnings.
- Other factors increased equity by 57,474.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-251.00K | -22.55% |
| Dividends Paid | $6.73K | -0.6% |
| Other Changes | $57.47K | +5.16% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nate's Food Co'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 |
|---|---|---|---|
| 2007-05-31 | $0.00 | $0.00 | x |
| 2008-05-31 | $0.00 | $0.00 | x |
| 2009-05-31 | $0.00 | $0.00 | x |
| 2010-05-31 | $0.00 | $0.00 | x |
| 2014-05-31 | $0.00 | $0.00 | x |
| 2015-05-31 | $0.00 | $0.00 | x |
| 2016-05-31 | $-0.02 | $0.00 | x |
| 2017-05-31 | $0.00 | $0.00 | x |
| 2018-05-31 | $0.00 | $0.00 | x |
| 2019-05-31 | $0.00 | $0.00 | x |
| 2020-05-31 | $0.00 | $0.00 | x |
| 2021-05-31 | $0.00 | $0.00 | x |
| 2022-05-31 | $0.00 | $0.00 | x |
| 2023-05-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nate's Food Co 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: -997.30%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-82.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -200.80% | 0.00% | 0.00x | 1.21x | $-26.35K |
| 2008 | -953.96% | 0.00% | 0.00x | 1.00x | $-11.43K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.48K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.99K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.66K |
| 2015 | 0.00% | -30305.31% | 0.05x | 0.00x | $-1.18 Million |
| 2016 | 0.00% | -9948.72% | 0.07x | 0.00x | $-2.67 Million |
| 2017 | 0.00% | 11560.57% | 6.17x | 0.00x | $571.10K |
| 2018 | 0.00% | 11560.57% | 6.17x | 0.00x | $571.10K |
| 2019 | 0.00% | -18156.68% | 0.46x | 0.00x | $-509.21K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.06 Million |
| 2021 | 0.00% | 65011.04% | 2.86x | 0.00x | $1.28 Million |
| 2022 | 0.00% | 170.86% | 1.22x | 0.00x | $211.56K |
| 2023 | 0.00% | -997.30% | 0.18x | 0.00x | $-139.69K |
Industry Comparison
This section compares Nate's Food Co's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nate's Food Co (NHMD) | $-1.35 Million | -200.80% | N/A | $283.41K |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |