Global Food and Ingredients Ltd
Global Food and Ingredients Ltd., a plant-based food and ingredients company, supplies plant-based high protein ingredients in North America, Asia, Europe, South America, and internationally. The company provides peas, edibles beans, lentils, chickpeas, organic pulses, canary seeds, flax seeds, and pea hull fibers; pet food ingredients; pea protein inputs; and specialty crop, as well as pea, lent… Read more
Global Food and Ingredients Ltd (PEASF) - Net Assets
Latest net assets as of December 2023: $9.44 Million USD
Based on the latest financial reports, Global Food and Ingredients Ltd (PEASF) has net assets worth $9.44 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 ($60.95 Million) and total liabilities ($51.51 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 | $9.44 Million |
| % of Total Assets | 15.49% |
| Annual Growth Rate | 41.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 87.21 |
Global Food and Ingredients Ltd - Net Assets Trend (2020–2023)
This chart illustrates how Global Food and Ingredients Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Food and Ingredients Ltd (2020–2023)
The table below shows the annual net assets of Global Food and Ingredients Ltd from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | $14.30 Million | +132.71% |
| 2022-03-31 | $6.14 Million | -49.43% |
| 2021-03-31 | $12.15 Million | +138.32% |
| 2020-03-31 | $5.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Food and Ingredients Ltd'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 449.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.06 Million | 147.30% |
| Other Comprehensive Income | $284.35K | 1.99% |
| Other Components | $6.92 Million | 48.43% |
| Total Equity | $14.30 Million | 100.00% |
Global Food and Ingredients Ltd Competitors by Market Cap
The table below lists competitors of Global Food and Ingredients Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leader Steel Holdings Bhd
KLSE:9881
|
$3.20 Million |
|
BoomBit S.A
WAR:BBT
|
$3.20 Million |
|
Aeris Environmental Ltd
AU:AEI
|
$3.20 Million |
|
Alumil Rom Industry SA
RO:ALU
|
$3.20 Million |
|
InTiCa Systems AG
F:IS7
|
$3.19 Million |
|
Ameriwest Lithium Inc
PINK:AWLIF
|
$3.19 Million |
|
Llama Group S.A.
PA:ALLAM
|
$3.19 Million |
|
Matching Maximize Solution Public Company Limited
BK:MATCH
|
$3.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Food and Ingredients Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,144,417 to 14,298,754, a change of 8,154,337 (132.7%).
- Net loss of 10,405,430 reduced equity.
- New share issuances of 3,265,024 increased equity.
- Other comprehensive income increased equity by 370,128.
- Other factors increased equity by 14,924,615.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.41 Million | -72.77% |
| Share Issuances | $3.27 Million | +22.83% |
| Other Comprehensive Income | $370.13K | +2.59% |
| Other Changes | $14.92 Million | +104.38% |
| Total Change | $- | 132.71% |
Book Value vs Market Value Analysis
This analysis compares Global Food and Ingredients Ltd'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: 0.48x
- 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 decreased from 1.80x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | $0.06 | $0.11 | x |
| 2021-03-31 | $0.04 | $0.11 | x |
| 2022-03-31 | $0.09 | $0.11 | x |
| 2023-03-31 | $0.23 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Food and Ingredients Ltd 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): -72.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.44%
- • Asset Turnover: 2.07x
- • Equity Multiplier: 4.16x
- Recent ROE (-72.77%) is below the historical average (11.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 100.63% | 27.67% | 0.51x | 7.11x | $3.63 Million |
| 2021 | 90.90% | 4.15% | 1.40x | 15.65x | $2.27 Million |
| 2022 | -71.02% | -3.51% | 1.79x | 11.34x | $-4.98 Million |
| 2023 | -72.77% | -8.44% | 2.07x | 4.16x | $-11.84 Million |
Industry Comparison
This section compares Global Food and Ingredients Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Food and Ingredients Ltd (PEASF) | $9.44 Million | 100.63% | 5.46x | $3.19 Million |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |