South Beach Spirits Inc
South Beach Spirits, Inc. focuses on development, manufacture, marketing, and sale of alcoholic beverages. The company was formerly known as CME Realty, Inc. and changed its name to South Beach Spirits, Inc. in September 2015. South Beach Spirits, Inc. was incorporated in 2012 and is based in West Palm Beach, Florida.
South Beach Spirits Inc (SBES) - Net Assets
Latest net assets as of May 2017: $-1.45 Million USD
Based on the latest financial reports, South Beach Spirits Inc (SBES) has net assets worth $-1.45 Million USD as of May 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.84K) and total liabilities ($1.46 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 | $-1.45 Million |
| % of Total Assets | -78972.46% |
| Annual Growth Rate | 168.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
South Beach Spirits Inc - Net Assets Trend (2013–2018)
This chart illustrates how South Beach Spirits 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 South Beach Spirits Inc (2013–2018)
The table below shows the annual net assets of South Beach Spirits Inc from 2013 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-02-28 | $200.00K | +113.97% |
| 2017-02-28 | $-1.43 Million | -0.20% |
| 2016-02-29 | $-1.43 Million | -13897.97% |
| 2014-02-28 | $-10.21K | -806.86% |
| 2013-02-28 | $1.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to South Beach Spirits 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 502880600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.82 Million | % |
| Other Comprehensive Income | $-4.82 Million | % |
| Other Components | $4.97 Million | % |
| Total Equity | $-70.58K | 100.00% |
South Beach Spirits Inc Competitors by Market Cap
The table below lists competitors of South Beach Spirits Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enerev5 Metals Inc
OTCQB:ENEVF
|
$191.50K |
|
OKUMURA CORP
BE:OKA
|
$191.55K |
|
Alliance Laundry Holdings Inc.
NYSE:ALH
|
$191.55K |
|
ORGANOIDSCIENCES
KQ:476040
|
$191.57K |
|
ConneXionONE Corp.
PINK:CNNN
|
$191.43K |
|
TRANSCOM WW -B- SDR
MU:T5W
|
$191.39K |
|
Capital Point
TA:CPTP
|
$191.24K |
|
ALPHA SYSTEMS
MU:AN5
|
$191.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in South Beach Spirits Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -33,000 to -70,582, a change of -37,582.
- Net loss of 1,145,819 reduced equity.
- Other comprehensive income decreased equity by 1,925,767.
- Other factors increased equity by 3,034,004.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.15 Million | -1623.39% |
| Other Comprehensive Income | $-1.93 Million | -2728.41% |
| Other Changes | $3.03 Million | +4298.55% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares South Beach Spirits 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 |
|---|---|---|---|
| 2014-02-28 | $0.00 | $0.00 | x |
| 2015-02-28 | $0.00 | $0.00 | x |
| 2016-02-29 | $-0.03 | $0.00 | x |
| 2017-02-28 | $-0.02 | $0.00 | x |
| 2018-02-28 | $0.00 | $0.00 | x |
| 2021-02-28 | $0.00 | $0.00 | x |
| 2022-02-28 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently South Beach Spirits 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-148.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1015.72% | 0.00% | 0.00x | 3.46x | $-14.81K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-50.63K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.39K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.90 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $87.59K |
| 2018 | -26.26% | -44.22% | 0.34x | 1.75x | $-72.52K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.14 Million |
Industry Comparison
This section compares South Beach Spirits Inc's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $4,911,435,376
- Average return on equity (ROE) among peers: 16.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| South Beach Spirits Inc (SBES) | $-1.45 Million | -1015.72% | N/A | $191.49K |
| Andrew Peller Limited (ADWPF) | $49.20 Million | 13.21% | 0.52x | $98.78 Million |
| Agencia Comercial Spirits Ltd Class A Ordinary Shares (AGCC) | $1.90 Million | 41.01% | 1.06x | $73.93 Million |
| Aristocrat Group Corp (ASCC) | $-295.72K | 0.00% | 0.00x | $74.46K |
| Australian Vintage Ltd (AUVGF) | $288.24 Million | 3.66% | 0.63x | $16.12 Million |
| Becle SA de CV (BCCLF) | $46.99 Billion | 11.05% | 0.38x | $555.00 Million |
| Brown-Forman Corporation (BF-A) | $818.10 Million | 19.09% | 0.60x | $7.49 Billion |
| Fitvia Corp (BRZV) | $-25.27K | 0.00% | 0.00x | $0.98 |
| Heritage Distilling Holding Company, Inc. Common Stock (CASK) | $-43.42 Million | 0.00% | 0.00x | $14.08 Million |
| China Tontine Wines Group Limited (CATWF) | $970.55 Million | 17.94% | 0.10x | $7.70 Million |
| Corby Spirit and Wine Limited (CBYDF) | $44.80 Million | 62.05% | 1.27x | $169.86 Million |