WB Burgers Asia Inc
WB Burgers Asia, Inc., through its subsidiary, operates Wayback burger restaurants in Japan. It licenses affiliated and unaffiliated franchisees to establish and operate Wayback Burgers restaurants. The company was formerly known as Business Solutions Plus, Inc. and changed its name to WB Burgers Asia, Inc. in July 2021. WB Burgers Asia, Inc. was incorporated in 2019 and is based in Tokyo, Japan.… Read more
WB Burgers Asia Inc (WBBAD) - Net Assets
Latest net assets as of April 2024: $455.93K USD
Based on the latest financial reports, WB Burgers Asia Inc (WBBAD) has net assets worth $455.93K USD as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.17 Million) and total liabilities ($713.83K). 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 | $455.93K |
| % of Total Assets | 38.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
WB Burgers Asia Inc - Net Assets Trend (2020–2023)
This chart illustrates how WB Burgers Asia 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 WB Burgers Asia Inc (2020–2023)
The table below shows the annual net assets of WB Burgers Asia Inc from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | $846.17K | -74.17% |
| 2022-10-31 | $3.28 Million | +31140.07% |
| 2021-10-31 | $-10.55K | -- |
| 2020-10-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to WB Burgers Asia 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 568532600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $6.53 Million | 772.14% |
| Total Equity | $846.17K | 100.00% |
WB Burgers Asia Inc Competitors by Market Cap
The table below lists competitors of WB Burgers Asia Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ECD Automotive Design Inc
NASDAQ:ECDA
|
$4.78K |
|
Advanced Innergy Holdings Ltd
AU:AIH
|
$4.79K |
|
KC Green Holdings Co. Ltd.
KQ:009440
|
$4.79K |
|
Lloyds Enterprises Limited
NSE:LLOYDSENT
|
$4.79K |
|
Janashakthi Insurance Company PLC
CM:JINSN0000
|
$4.77K |
|
Euro-Tax.pl S.A.
WAR:ETX
|
$4.77K |
|
H2K2
STU:H2K2
|
$4.76K |
|
THB
VN:THB
|
$4.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WB Burgers Asia Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,275,348 to 846,167, a change of -2,429,181 (-74.2%).
- Net loss of 3,921,665 reduced equity.
- New share issuances of 1,637,774 increased equity.
- Other factors decreased equity by 145,290.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.92 Million | -463.46% |
| Share Issuances | $1.64 Million | +193.55% |
| Other Changes | $-145.29K | -17.17% |
| Total Change | $- | -74.17% |
Book Value vs Market Value Analysis
This analysis compares WB Burgers Asia 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: 6.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-10-31 | $0.00 | $0.49 | x |
| 2021-10-31 | $0.00 | $0.49 | x |
| 2022-10-31 | $0.32 | $0.49 | x |
| 2023-10-31 | $0.08 | $0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WB Burgers Asia 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): -463.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -674.06%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.49x
- Recent ROE (-463.46%) is below the historical average (-170.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-195.02K |
| 2022 | -47.86% | -866.92% | 0.05x | 1.15x | $-1.90 Million |
| 2023 | -463.46% | -674.06% | 0.46x | 1.49x | $-4.01 Million |
Industry Comparison
This section compares WB Burgers Asia Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WB Burgers Asia Inc (WBBAD) | $455.93K | 0.00% | 1.57x | $4.77K |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |