Sunset Island Group Inc
Sunset Island Group, Inc., through its subsidiary, VBF Brands, grows, cultivates, manufactures, and distributes cannabis in the United States. It also sells clones. The company is based in Salinas, California.
Sunset Island Group Inc (SIGO) - Net Assets
Latest net assets as of April 2020: $-2.43 Million USD
Based on the latest financial reports, Sunset Island Group Inc (SIGO) has net assets worth $-2.43 Million USD as of April 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($66.24K) and total liabilities ($2.50 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 | $-2.43 Million |
| % of Total Assets | -3674.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sunset Island Group Inc - Net Assets Trend (2016–2021)
This chart illustrates how Sunset Island Group 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 Sunset Island Group Inc (2016–2021)
The table below shows the annual net assets of Sunset Island Group Inc from 2016 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-10-31 | $-9.05 Million | -18.88% |
| 2020-10-31 | $-7.61 Million | -6.53% |
| 2019-10-31 | $-7.15 Million | -97.12% |
| 2018-10-31 | $-3.62 Million | -889.62% |
| 2017-10-31 | $-366.27K | -37860.31% |
| 2016-10-31 | $970.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunset Island Group 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 957673400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $593.00 | % |
| Other Comprehensive Income | $537.22K | % |
| Total Equity | $-9.05 Million | 100.00% |
Sunset Island Group Inc Competitors by Market Cap
The table below lists competitors of Sunset Island Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Majestic Capital Ltd
PINK:MAJCQ
|
$0.94 |
|
WSB Financial Group Inc
PINK:WSFGQ
|
$0.94 |
|
LMWW Holdings Inc
OTCGREY:LMWW
|
$0.94 |
|
Williston Holding Company Inc
PINK:WHCA
|
$0.94 |
|
Scient Inc
PINK:SCNTQ
|
$0.94 |
|
North American DataCom Inc
PINK:NADA
|
$0.94 |
|
MEDirect Latino Inc
OTCGREY:MLTO
|
$0.94 |
|
Rightsmile Inc.
PINK:RIGH
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunset Island Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -7,612,042 to -9,049,081, a change of -1,437,039.
- Net loss of 1,437,039 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.44 Million | -15.88% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sunset Island Group 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 |
|---|---|---|---|
| 2016-10-31 | $0.00 | $0.00 | x |
| 2017-10-31 | $-0.08 | $0.00 | x |
| 2018-10-31 | $-0.67 | $0.00 | x |
| 2019-10-31 | $-1.33 | $0.00 | x |
| 2020-10-31 | $-1.31 | $0.00 | x |
| 2021-10-31 | $-1.53 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunset Island Group 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: -49.50%
- • Asset Turnover: 1.97x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-172.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1034.02% | 0.00% | 0.00x | 1.00x | $-10.13K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-654.06K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.96 Million |
| 2019 | 0.00% | -1406.27% | 0.44x | 0.00x | $-2.81 Million |
| 2020 | 0.00% | -34.82% | 2.62x | 0.00x | $252.33K |
| 2021 | 0.00% | -49.50% | 1.97x | 0.00x | $-532.13K |
Industry Comparison
This section compares Sunset Island Group 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: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunset Island Group Inc (SIGO) | $-2.43 Million | -1034.02% | N/A | $0.94 |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |