Pennexx Foods Inc
Pennexx Foods, Inc. prepares case-ready meat for distribution to food retailers in the central and northeastern United States. The company cuts, packages, processes, and delivers case-ready beef, pork, lamb, and veal. Pennexx delivers products through independent trucking fleets. Pennexx' products are sold at approximately 900 retail locations. The company sells regularly to fewer than 15 superma… Read more
Pennexx Foods Inc (PNNX) - Net Assets
Latest net assets as of March 2025: $-1.55 Million USD
Based on the latest financial reports, Pennexx Foods Inc (PNNX) has net assets worth $-1.55 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($963.00) and total liabilities ($1.55 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 | $-1.55 Million |
| % of Total Assets | -160783.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 511766.5 |
Pennexx Foods Inc - Net Assets Trend (1999–2024)
This chart illustrates how Pennexx Foods 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 Pennexx Foods Inc (1999–2024)
The table below shows the annual net assets of Pennexx Foods Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.45 Million | +35.46% |
| 2023-12-31 | $-2.24 Million | -43.49% |
| 2022-12-31 | $-1.56 Million | -68.52% |
| 2021-12-31 | $-928.37K | -74.12% |
| 2020-12-31 | $-533.17K | -119.53% |
| 2019-12-31 | $-242.87K | -21.35% |
| 2018-12-31 | $-200.14K | -6.76% |
| 2017-12-31 | $-187.47K | -5.56% |
| 2016-12-31 | $-177.61K | +0.56% |
| 2015-12-31 | $-178.60K | +90.72% |
| 2002-12-31 | $-1.93 Million | -149.63% |
| 2001-12-31 | $3.88 Million | +1023383.38% |
| 2000-12-31 | $379.00 | +100.35% |
| 1999-12-31 | $-109.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pennexx Foods 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 4189629100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $576.35K | % |
| Other Comprehensive Income | $2.70K | % |
| Other Components | $40.40 Million | % |
| Total Equity | $-1.45 Million | 100.00% |
Pennexx Foods Inc Competitors by Market Cap
The table below lists competitors of Pennexx Foods Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pardus Ventures Inc.
V:PDVN-P
|
$100.82 |
|
Resqunit AB
ST:RESQ
|
$100.99 |
|
INTILAND DEV
MU:DIIA
|
$101.04 |
|
SINO-OCEAN LAND
MU:3SD
|
$101.05 |
|
Bluefield Solar Income Fund
LSE:BSIF
|
$100.72 |
|
BlockQuarry Corp
PINK:BLQC
|
$100.16 |
|
PHSC PLC
LSE:PHSC
|
$100.07 |
|
Net One Systems Co. Ltd
PINK:NONEY
|
$100.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pennexx Foods Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,244,771 to -1,448,885, a change of 795,886.
- Net loss of 532,126 reduced equity.
- Other factors increased equity by 1,328,012.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-532.13K | -36.73% |
| Other Changes | $1.33 Million | +91.66% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Pennexx Foods 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.21 | $0.01 | x |
| 2002-12-31 | $-0.08 | $0.01 | x |
| 2015-12-31 | $0.00 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $-0.01 | $0.01 | x |
| 2020-12-31 | $-0.01 | $0.01 | x |
| 2021-12-31 | $-0.02 | $0.01 | x |
| 2022-12-31 | $-0.03 | $0.01 | x |
| 2023-12-31 | $-0.04 | $0.01 | x |
| 2024-12-31 | $-0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pennexx Foods 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -182861.17%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-93362.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -222.89% | 0.45x | 0.00x | $-1.26 Million |
| 2000 | -1307011.87% | -36.44% | 2.95x | 12170.53x | $-4.95 Million |
| 2001 | -69.25% | -6.35% | 4.38x | 2.49x | $-3.07 Million |
| 2002 | 0.00% | -18.06% | 1.68x | 0.00x | $-8.60 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $10.63K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $11.47K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $11.91K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $12.98K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.44K |
| 2020 | 0.00% | -3198.99% | 1.40x | 0.00x | $-592.01K |
| 2021 | 0.00% | -478.34% | 10.95x | 0.00x | $-2.12 Million |
| 2022 | 0.00% | -1118.70% | 22.08x | 0.00x | $-2.49 Million |
| 2023 | 0.00% | -2859.13% | 1.58x | 0.00x | $-506.89K |
| 2024 | 0.00% | -182861.17% | 0.29x | 0.00x | $-387.24K |
Industry Comparison
This section compares Pennexx Foods Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pennexx Foods Inc (PNNX) | $-1.55 Million | 0.00% | N/A | $100.75 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |