Real Brands Inc
Real Brands, Inc. produces and sells hemp cannabinoids oil and related products. It also distributes popping boba drink. The company was founded in 2011 and is based in North Providence, Rhode Island.
Real Brands Inc (RLBD) - Net Assets
Latest net assets as of March 2024: $-1.44 Million USD
Based on the latest financial reports, Real Brands Inc (RLBD) has net assets worth $-1.44 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.20 Million) and total liabilities ($2.64 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 | $-1.44 Million |
| % of Total Assets | -119.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | -336.47% |
| 10-Year Change | N/A |
| Growth Volatility | 1429.11 |
Real Brands Inc - Net Assets Trend (2002–2023)
This chart illustrates how Real Brands 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 Real Brands Inc (2002–2023)
The table below shows the annual net assets of Real Brands Inc from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.30 Million | -73.17% |
| 2022-12-31 | $-752.89K | -6199.85% |
| 2021-12-31 | $-11.95K | -101.72% |
| 2020-12-31 | $695.68K | +26.17% |
| 2019-12-31 | $551.37K | +557.20% |
| 2018-12-31 | $-120.60K | +86.12% |
| 2017-12-31 | $-869.00K | -0.57% |
| 2016-12-31 | $-864.11K | -42.13% |
| 2015-12-31 | $-607.95K | +51.95% |
| 2014-12-31 | $-1.27 Million | -47.75% |
| 2013-12-31 | $-856.34K | -32.32% |
| 2012-12-31 | $-647.19K | +79.60% |
| 2007-12-31 | $-3.17 Million | -3649.14% |
| 2006-12-31 | $89.40K | -98.47% |
| 2005-12-31 | $5.83 Million | +1371.49% |
| 2004-12-31 | $396.00K | -7.43% |
| 2003-12-31 | $427.77K | -92.44% |
| 2002-12-31 | $5.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Real Brands 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 1377084500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.69 Million | % |
| Other Comprehensive Income | $96.40K | % |
| Other Components | $9.82 Million | % |
| Total Equity | $-1.30 Million | 100.00% |
Real Brands Inc Competitors by Market Cap
The table below lists competitors of Real Brands Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aether Global Innovations Corp.
PINK:AETHF
|
$93.45K |
|
Dongbu Securities Co. Ltd.
KQ:016610
|
$93.50K |
|
United Breweries Co Inc
STU:CVU
|
$93.51K |
|
MCEM11
SA:MCEM11
|
$93.52K |
|
AUSTEVOLL SEAFOOD (Z85.SG)
STU:Z85
|
$93.41K |
|
HEXAGON -B- - Dusseldorf Stock Exchang
DU:HXGB
|
$93.37K |
|
Yulong Eco-Materials Ltd
PINK:YECO
|
$93.35K |
|
MOAR3F
SA:MOAR3F
|
$93.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Real Brands Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -752,895 to -1,303,807, a change of -550,912.
- Net loss of 1,332,000 reduced equity.
- New share issuances of 100,000 increased equity.
- Other factors increased equity by 681,088.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.33 Million | -102.16% |
| Share Issuances | $100.00K | +7.67% |
| Other Changes | $681.09K | +52.24% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Real Brands 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 |
|---|---|---|---|
| 2002-12-31 | $12594.04 | $0.00 | x |
| 2003-12-31 | $295.62 | $0.00 | x |
| 2004-12-31 | $273.67 | $0.00 | x |
| 2005-12-31 | $47.45 | $0.00 | x |
| 2006-12-31 | $0.31 | $0.00 | x |
| 2007-12-31 | $-3.61 | $0.00 | x |
| 2013-12-31 | $-0.09 | $0.00 | x |
| 2014-12-31 | $-0.07 | $0.00 | x |
| 2015-12-31 | $-0.02 | $0.00 | x |
| 2016-12-31 | $-0.02 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.01 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Real Brands 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: -2203.36%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-250.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -2.41% | 0.00% | 0.00x | 1.07x | $-701.53K |
| 2003 | -1223.21% | 0.00% | 0.00x | 1.31x | $-5.28 Million |
| 2004 | -652.27% | 0.00% | 0.00x | 1.32x | $-2.62 Million |
| 2005 | -17.83% | 0.00% | 0.00x | 1.03x | $-1.62 Million |
| 2006 | -1342.34% | -962.32% | 0.08x | 17.63x | $-1.21 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.24 Million |
| 2012 | 0.00% | -21.40% | 2388.35x | 0.00x | $8.50K |
| 2013 | 0.00% | -1625.96% | 0.34x | 0.00x | $-1.35 Million |
| 2014 | 0.00% | -61397.56% | 0.01x | 0.00x | $-1.68 Million |
| 2015 | 0.00% | -10894.71% | 0.18x | 0.00x | $-5.11 Million |
| 2016 | 0.00% | -1414.24% | 0.17x | 0.00x | $-525.59K |
| 2017 | 0.00% | -8220.00% | 0.02x | 0.00x | $-324.10K |
| 2018 | 0.00% | -6064.12% | 0.02x | 0.00x | $-929.94K |
| 2019 | -370.17% | -315.65% | 0.64x | 1.83x | $-2.10 Million |
| 2020 | -901.71% | -25518.67% | 0.01x | 3.05x | $-6.34 Million |
| 2021 | 0.00% | -51006.33% | 0.00x | 0.00x | $-2.83 Million |
| 2022 | 0.00% | -8137.47% | 0.01x | 0.00x | $-830.65K |
| 2023 | 0.00% | -2203.36% | 0.05x | 0.00x | $-1.20 Million |
Industry Comparison
This section compares Real Brands Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $439,452,927
- Average return on equity (ROE) among peers: -31.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Real Brands Inc (RLBD) | $-1.44 Million | -2.41% | N/A | $93.44K |
| Ascend Wellness Holdings Inc (AAWH) | $71.80 Million | -118.37% | 11.54x | $48.90 Million |
| AB Science S.A (ABSCF) | $-21.01 Million | 0.00% | 0.00x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $-294.68K | 0.00% | 0.00x | $603.58K |
| Aurora Cannabis Inc (ACB) | $521.74 Million | -156.52% | 0.78x | $195.20 Million |
| Acreage Holdings Inc (ACRDF) | $494.79 Million | -30.37% | 0.40x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $29.91 Million | 0.00% | 0.07x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.72 Million | -18.78% | 0.11x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $20.08 Million | -10.91% | 0.33x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $21.19 Million | 12.93% | 1.96x | $1.85 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.25 Billion | 5.19% | 0.72x | $85.61 Million |