Vintage Wine Estates, Inc.
Vintage Wine Estates, Inc. produces and sells wines and spirits in the United States, Canada, and internationally. The company offers its products under the brands Bar Dog, B.R. Cohn, Cameron Hughes, Cherry Pie, Firesteed, Kunde, and others. It also owns and operates hospitality facilities; and provides bottling, fulfillment, and storage services to other companies on a contract basis. The compan… Read more
Vintage Wine Estates, Inc. (VWESQ) - Net Assets
Latest net assets as of March 2024: $85.17 Million USD
Based on the latest financial reports, Vintage Wine Estates, Inc. (VWESQ) has net assets worth $85.17 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($478.63 Million) and total liabilities ($393.47 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 | $85.17 Million |
| % of Total Assets | 17.79% |
| Annual Growth Rate | 16.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 123.46 |
Vintage Wine Estates, Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Vintage Wine Estates, 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 Vintage Wine Estates, Inc. (2020–2023)
The table below shows the annual net assets of Vintage Wine Estates, Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $172.78 Million | -50.60% |
| 2022-06-30 | $349.73 Million | -3.37% |
| 2021-06-30 | $361.94 Million | +231.69% |
| 2020-06-30 | $109.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vintage Wine Estates, 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 1300.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $355.65 Million | 205.17% |
| Total Equity | $173.35 Million | 100.00% |
Vintage Wine Estates, Inc. Competitors by Market Cap
The table below lists competitors of Vintage Wine Estates, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FINCORP INVESTMENT LTD
SEM:FINC
|
$3.29K |
|
ROMIOS GOLD RES
MU:D4R
|
$3.29K |
|
Endocan Corp
PINK:ENDO
|
$3.29K |
|
Baltic International USA Inc
PINK:BISA
|
$3.29K |
|
Beyon 3D Ltd
TA:BYON
|
$3.28K |
|
BioVie Inc. Warrant
NASDAQ:BIVIW
|
$3.28K |
|
L.K. TECHNOLOGY
BE:L5D
|
$3.27K |
|
Travel Investment and Seafood Development Corp
VN:DAT
|
$3.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vintage Wine Estates, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 348,973,000 to 173,347,000, a change of -175,626,000 (-50.3%).
- Net loss of 188,967,000 reduced equity.
- Other factors increased equity by 13,341,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-188.97 Million | -109.01% |
| Other Changes | $13.34 Million | +7.7% |
| Total Change | $- | -50.33% |
Book Value vs Market Value Analysis
This analysis compares Vintage Wine Estates, 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
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $1.79 | $0.00 | x |
| 2021-06-30 | $5.97 | $0.00 | x |
| 2022-06-30 | $5.93 | $0.00 | x |
| 2023-06-30 | $2.92 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vintage Wine Estates, 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): -109.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.72%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 3.24x
- Recent ROE (-109.01%) is below the historical average (-28.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.01% | -5.13% | 0.37x | 4.73x | $-20.55 Million |
| 2021 | 2.74% | 4.47% | 0.30x | 2.06x | $-26.20 Million |
| 2022 | -0.12% | -0.15% | 0.38x | 2.19x | $-35.32 Million |
| 2023 | -109.01% | -66.72% | 0.50x | 3.24x | $-206.30 Million |
Industry Comparison
This section compares Vintage Wine Estates, 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: $2,654,533,832
- Average return on equity (ROE) among peers: 20.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vintage Wine Estates, Inc. (VWESQ) | $85.17 Million | -9.01% | 4.62x | $3.28K |
| Andrew Peller Limited (ADWPF) | $220.25 Million | 13.67% | 1.09x | $98.78 Million |
| Agencia Comercial Spirits Ltd Class A Ordinary Shares (AGCC) | $1.21 Million | 19.76% | 1.23x | $74.90 Million |
| Aristocrat Group Corp (ASCC) | $-358.17K | 0.00% | 0.00x | $74.46K |
| Australian Vintage Ltd (AUVGF) | $13.86 Million | 10.42% | 0.83x | $16.12 Million |
| Becle SA de CV (BCCLF) | $23.65 Billion | 22.45% | 0.63x | $555.00 Million |
| Brown-Forman Corporation (BF-A) | $634.00 Million | 25.24% | 1.18x | $7.60 Billion |
| Fitvia Corp (BRZV) | $-104.27K | 0.00% | 0.00x | $0.99 |
| Heritage Distilling Holding Company, Inc. Common Stock (CASK) | $791.77K | 89.73% | 34.36x | $14.08 Million |
| China Tontine Wines Group Limited (CATWF) | $1.85 Billion | 4.80% | 0.04x | $7.70 Million |
| Corby Spirit and Wine Limited (CBYDF) | $177.28 Million | 14.46% | 0.29x | $169.86 Million |