Rritual Superfoods Inc
Aretto Wellness Inc. engages in the development, marketing, sale, and distribution of proprietary dietary and nutritional supplements and beverages in Canada and the United States. The company offers herbs and other extracts, such as fruits, roots, fungi, and vegetables. It provides its products under the Rritual brand name. The company was formerly known as Rritual Superfoods Inc. Aretto Wellnes… Read more
Rritual Superfoods Inc (RRSFF) - Net Assets
Latest net assets as of March 2023: $-1.79 Million USD
Based on the latest financial reports, Rritual Superfoods Inc (RRSFF) has net assets worth $-1.79 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($54.94K) and total liabilities ($1.84 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 | $-1.79 Million |
| % of Total Assets | -3249.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4296909.99 |
Rritual Superfoods Inc - Net Assets Trend (2019–2022)
This chart illustrates how Rritual Superfoods 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 Rritual Superfoods Inc (2019–2022)
The table below shows the annual net assets of Rritual Superfoods Inc from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-06-30 | $-1.58 Million | -165.82% |
| 2021-06-30 | $2.41 Million | +1220.83% |
| 2020-06-30 | $182.31K | +9115650.00% |
| 2019-06-30 | $2.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rritual Superfoods 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 1838636500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.51 Million | % |
| Other Comprehensive Income | $2.29 Million | % |
| Total Equity | $-1.58 Million | 100.00% |
Rritual Superfoods Inc Competitors by Market Cap
The table below lists competitors of Rritual Superfoods Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAFE + GREEN HOLD. DL-01
F:90S1
|
$128.40K |
|
ALTIRA N - Dusseldorf Stock Exchang
DU:A7A
|
$128.50K |
|
Bukit Jalil Global Acquisition 1 Ltd. Warrants
NASDAQ:BUJAW
|
$128.51K |
|
TWOCF
OTCGREY:TWOCF
|
$128.55K |
|
IA Invest Strategic Danske Akt
CO:IAISDKAKT
|
$128.33K |
|
Far Eastern University Inc
PSE:FEU
|
$128.18K |
|
audius SE
XETRA:3ITN
|
$128.03K |
|
Idomoo Ltd
TA:IDMO
|
$127.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rritual Superfoods Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 2,981,914 to -1,584,933, a change of -4,566,847 (-153.2%).
- Net loss of 12,083,359 reduced equity.
- New share issuances of 4,000,000 increased equity.
- Other comprehensive income increased equity by 1,436,774.
- Other factors increased equity by 2,079,738.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.08 Million | -762.39% |
| Share Issuances | $4.00 Million | +252.38% |
| Other Comprehensive Income | $1.44 Million | +90.65% |
| Other Changes | $2.08 Million | +131.22% |
| Total Change | $- | -153.15% |
Book Value vs Market Value Analysis
This analysis compares Rritual Superfoods 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 |
|---|---|---|---|
| 2019-06-30 | $0.00 | $0.01 | x |
| 2020-06-30 | $0.06 | $0.01 | x |
| 2021-06-30 | $0.99 | $0.01 | x |
| 2022-06-30 | $-0.38 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rritual Superfoods 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: -12808.45%
- • Asset Turnover: 2.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-98.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -88.48% | 0.00% | 0.00x | 1.29x | $-179.55K |
| 2021 | -205.96% | -3121.40% | 0.07x | 0.94x | $-6.44 Million |
| 2022 | 0.00% | -12808.45% | 2.52x | 0.00x | $-11.92 Million |
Industry Comparison
This section compares Rritual Superfoods 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 |
|---|---|---|---|---|
| Rritual Superfoods Inc (RRSFF) | $-1.79 Million | -88.48% | N/A | $128.36K |
| 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 |