Vegano Foods Inc.
Vegano Foods Inc. engages in the sale and delivery of vegan grocery and household staples in Canada. The company offers meal kits, grocery staples, and gift cards. It sells its products through Vegano marketplace. Vegano Foods Inc. is based in Vancouver, Canada.
Vegano Foods Inc. (VAGNF) - Net Assets
Latest net assets as of December 2023: $320.03K USD
Based on the latest financial reports, Vegano Foods Inc. (VAGNF) has net assets worth $320.03K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($759.01K) and total liabilities ($438.98K). 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 | $320.03K |
| % of Total Assets | 42.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 60.59 |
Vegano Foods Inc. - Net Assets Trend (2020–2022)
This chart illustrates how Vegano 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 Vegano Foods Inc. (2020–2022)
The table below shows the annual net assets of Vegano Foods Inc. from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-612.00K | -147.80% |
| 2021-12-31 | $1.28 Million | -26.62% |
| 2020-12-31 | $1.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vegano 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 943557300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.42 Million | % |
| Other Comprehensive Income | $1.56 Million | % |
| Other Components | $1.00 | % |
| Total Equity | $-612.00K | 100.00% |
Vegano Foods Inc. Competitors by Market Cap
The table below lists competitors of Vegano Foods Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHEKF
OTCGREY:SHEKF
|
$87.61K |
|
Fjordland Exploration Inc
PINK:FEXXF
|
$87.71K |
|
EVOLUTION MIN
MU:WE7
|
$87.72K |
|
Ocean Shore Capital Corp.
V:OCAP-P
|
$87.87K |
|
Aimfinity Investment Corp. I Warrant
NASDAQ:AIMAW
|
$87.55K |
|
Upper Egypt Flour Mills
EGX:UEFM
|
$87.51K |
|
ANTA SPORTS PRODUCT (AS7.SG)
STU:AS7
|
$87.38K |
|
SHIN NIPPON MIOMEDI
MU:YB3
|
$87.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vegano Foods Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,280,268 to -612,000, a change of -1,892,268 (-147.8%).
- Net loss of 4,374,162 reduced equity.
- Share repurchases of 26,000 reduced equity.
- Other comprehensive income increased equity by 1,116,785.
- Other factors increased equity by 1,391,109.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.37 Million | -714.73% |
| Share Repurchases | $26.00K | -4.25% |
| Other Comprehensive Income | $1.12 Million | +182.48% |
| Other Changes | $1.39 Million | +227.31% |
| Total Change | $- | -147.80% |
Book Value vs Market Value Analysis
This analysis compares Vegano 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 |
|---|---|---|---|
| 2020-12-31 | $0.31 | $0.00 | x |
| 2021-12-31 | $0.23 | $0.00 | x |
| 2022-12-31 | $-0.08 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vegano 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: -2739.55%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-125.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -66.04% | -4971.01% | 0.01x | 1.46x | $-1.33 Million |
| 2021 | -309.93% | -973.25% | 0.24x | 1.31x | $-4.10 Million |
| 2022 | 0.00% | -2739.55% | 1.63x | 0.00x | $-4.31 Million |
Industry Comparison
This section compares Vegano Foods Inc.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,768,351,202
- Average return on equity (ROE) among peers: -224.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vegano Foods Inc. (VAGNF) | $320.03K | -66.04% | 1.37x | $87.56K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $18.58 Million |
| The a2 Milk Company Limited (ACOPF) | $58.64 Million | 0.02% | 0.31x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $668.89K | -63.57% | 1.39x | $90.84 |
| Alfa S.A.B. de C.V (ALFFF) | $43.29 Billion | 8.20% | 1.29x | $2.16 Billion |
| Amincor Inc (AMNCB) | $1.83 Million | -1769.92% | 18.32x | $2.21K |
| Armanino Foods New (AMNF) | $5.68 Million | 50.87% | 0.65x | $71.04K |
| Amira Nature Foods Ltd (ANFIF) | $171.84 Million | 17.43% | 1.45x | $128.79 |
| AAK AB (publ.) (ARHUF) | $3.56 Billion | 16.89% | 1.80x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $9.48K | -513.58% | 0.36x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |