Better Plant Sciences Inc
Better Plant Sciences Inc. offers financial accounting, bookkeeping, compliance, marketing, consulting, and other services. It provides corporate finance, director, and regulatory advisory services; and legal, accounting, and audit services. The company was formerly known as The Yield Growth Corp. and changed its name to Better Plant Sciences Inc. in August 2020. Better Plant Sciences Inc. was in… Read more
Better Plant Sciences Inc (VEGGD) - Net Assets
Latest net assets as of August 2023: $-2.21 Million USD
Based on the latest financial reports, Better Plant Sciences Inc (VEGGD) has net assets worth $-2.21 Million USD as of August 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($191.27K) and total liabilities ($2.41 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 | $-2.21 Million |
| % of Total Assets | -1157.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | -161.06% |
| 10-Year Change | N/A |
| Growth Volatility | 102.06 |
Better Plant Sciences Inc - Net Assets Trend (2017–2022)
This chart illustrates how Better Plant Sciences 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 Better Plant Sciences Inc (2017–2022)
The table below shows the annual net assets of Better Plant Sciences Inc from 2017 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-11-30 | $-811.64K | -155.91% |
| 2021-11-30 | $1.45 Million | -55.74% |
| 2020-11-30 | $3.28 Million | +156.43% |
| 2019-11-30 | $1.28 Million | -3.77% |
| 2018-11-30 | $1.33 Million | -50.98% |
| 2017-11-30 | $2.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Better Plant Sciences 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 4023491200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $28.56 Million | % |
| Other Comprehensive Income | $10.83 Million | % |
| Other Components | $34.04K | % |
| Total Equity | $-811.64K | 100.00% |
Better Plant Sciences Inc Competitors by Market Cap
The table below lists competitors of Better Plant Sciences Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEWPLATINUM
XBOT:NGPT-ETF
|
$198.71K |
|
Skychain Technologies Inc
PINK:SKTCF
|
$198.78K |
|
FERNHEIZWERK NEUK
BE:FHW
|
$198.79K |
|
Lowell Farms Inc
OTCQB:LOWLF
|
$198.86K |
|
CBTO
BATS:CBTO
|
$198.65K |
|
Sydinv Formue Balance Akk A
CO:SYVFBAKKA
|
$198.64K |
|
Dongnam Chemical Co. Ltd.
KQ:023450
|
$198.47K |
|
Thornburg Income Builder Opportunities Trust Common Stock
NASDAQ:TBLD
|
$198.43K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Better Plant Sciences Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,451,718 to -811,645, a change of -2,263,363 (-155.9%).
- Net loss of 2,342,129 reduced equity.
- Other comprehensive income increased equity by 78,766.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.34 Million | -288.57% |
| Other Comprehensive Income | $78.77K | +9.7% |
| Total Change | $- | -155.91% |
Book Value vs Market Value Analysis
This analysis compares Better Plant Sciences 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 |
|---|---|---|---|
| 2015-11-30 | $0.00 | $0.01 | x |
| 2016-11-30 | $0.00 | $0.01 | x |
| 2017-11-30 | $0.31 | $0.01 | x |
| 2018-11-30 | $0.15 | $0.01 | x |
| 2019-11-30 | $0.13 | $0.01 | x |
| 2020-11-30 | $0.28 | $0.01 | x |
| 2021-11-30 | $0.08 | $0.01 | x |
| 2022-11-30 | $-0.04 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Better Plant Sciences 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: -445.13%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-339.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.20 |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $1.30 |
| 2017 | -45.35% | 0.00% | 0.00x | 1.03x | $-1.50 Million |
| 2018 | -730.36% | -317.73% | 1.17x | 1.97x | $-9.84 Million |
| 2019 | -1365.79% | -398.57% | 1.17x | 2.92x | $-16.14 Million |
| 2020 | -238.01% | -802.55% | 0.24x | 1.22x | $-9.49 Million |
| 2021 | -337.04% | -295.19% | 0.49x | 2.31x | $-5.04 Million |
| 2022 | 0.00% | -445.13% | 0.37x | 0.00x | $-2.26 Million |
Industry Comparison
This section compares Better Plant Sciences 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 |
|---|---|---|---|---|
| Better Plant Sciences Inc (VEGGD) | $-2.21 Million | 0.00% | N/A | $198.71K |
| 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 |