Plantable Health Inc
Altus Copper Corp. produces and sells plant-based meal products in the United States. It offers reboot program, which combines 12 meal boxes, one-on-one coaching, and access to the Plantable App; and Quickstart program, a one-week program that includes 12 meal boxes, an onboarding call with a plantable coach, and personalized support for up to fourteen days. The company also provides meals-only p… Read more
Plantable Health Inc (PLBLF) - Net Assets
Latest net assets as of June 2023: $61.39K USD
Based on the latest financial reports, Plantable Health Inc (PLBLF) has net assets worth $61.39K USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($282.15K) and total liabilities ($220.76K). 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 | $61.39K |
| % of Total Assets | 21.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Plantable Health Inc - Net Assets Trend (2019–2022)
This chart illustrates how Plantable Health 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 Plantable Health Inc (2019–2022)
The table below shows the annual net assets of Plantable Health Inc from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $397.75K | -87.47% |
| 2021-12-31 | $3.17 Million | +325.42% |
| 2020-12-31 | $-1.41 Million | -36.12% |
| 2019-12-31 | $-1.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plantable Health 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 811625100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.85 Million | 2477.54% |
| Other Comprehensive Income | $1.35 Million | 338.33% |
| Total Equity | $397.75K | 100.00% |
Plantable Health Inc Competitors by Market Cap
The table below lists competitors of Plantable Health Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DIGITAL CHINA
MU:DIN
|
$2.70K |
|
TATEPA COMPANY LTD
DSE:TTP
|
$2.70K |
|
Neo Energy Metals Plc
LSE:NEO
|
$2.71K |
|
Orion Diversified Holding Co. Inc
PINK:OODH
|
$2.71K |
|
SKILW
PINK:SKILW
|
$2.70K |
|
Highcon Systems Ltd
TA:HICN
|
$2.70K |
|
ONGRF
OTCQB:ONGRF
|
$2.70K |
|
Arif Habib Ltd
KAR:AHL
|
$2.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plantable Health Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 3,173,249 to 397,751, a change of -2,775,498 (-87.5%).
- Net loss of 3,023,219 reduced equity.
- Other comprehensive income increased equity by 247,721.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.02 Million | -760.08% |
| Other Comprehensive Income | $247.72K | +62.28% |
| Total Change | $- | -87.47% |
Book Value vs Market Value Analysis
This analysis compares Plantable Health 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: 0.22x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.02 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $0.05 | $0.00 | x |
| 2022-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plantable Health 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): -760.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -251.22%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 1.78x
- Recent ROE (-760.08%) is below the historical average (-226.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -104.79% | 3.16x | 0.00x | $-945.11K |
| 2020 | 0.00% | -42.77% | 2.96x | 0.00x | $-347.24K |
| 2021 | -145.12% | -411.43% | 0.29x | 1.21x | $-4.92 Million |
| 2022 | -760.08% | -251.22% | 1.70x | 1.78x | $-3.06 Million |
Industry Comparison
This section compares Plantable Health 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 |
|---|---|---|---|---|
| Plantable Health Inc (PLBLF) | $61.39K | 0.00% | 3.60x | $2.70K |
| 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 |