Avant Brands Inc (AVNT) - Net Assets
Based on the latest financial reports, Avant Brands Inc (AVNT) has net assets worth CA$24.80 Million CAD (≈ $17.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$49.24 Million ≈ $35.62 Million USD) and total liabilities (CA$24.44 Million ≈ $17.68 Million USD). 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. Check AVNT financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$24.80 Million |
| % of Total Assets | 50.36% |
| Annual Growth Rate | 54.81% |
| 5-Year Change | -48.2% |
| 10-Year Change | N/A |
| Growth Volatility | 7278.44 |
Avant Brands Inc - Net Assets Trend (2012–2025)
This chart illustrates how Avant Brands Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Avant Brands Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Avant Brands Inc (2012–2025)
The table below shows the annual net assets of Avant Brands Inc from 2012 to 2025. For live valuation and market cap data, see AVNT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$24.80 Million ≈ $17.94 Million |
-24.52% |
| 2024-12-31 | CA$32.85 Million ≈ $23.77 Million |
-33.39% |
| 2023-12-31 | CA$49.33 Million ≈ $35.68 Million |
+2.25% |
| 2022-12-31 | CA$48.24 Million ≈ $34.90 Million |
+0.77% |
| 2021-12-31 | CA$47.87 Million ≈ $34.63 Million |
+68.45% |
| 2020-12-31 | CA$28.42 Million ≈ $20.56 Million |
-21.94% |
| 2019-12-31 | CA$36.41 Million ≈ $26.34 Million |
+11.71% |
| 2018-12-31 | CA$32.59 Million ≈ $23.58 Million |
+24222.38% |
| 2017-12-31 | CA$134.00K ≈ $96.94K |
+132.37% |
| 2016-12-31 | CA$-413.99K ≈ $-299.48K |
-99.58% |
| 2015-12-31 | CA$-207.43K ≈ $-150.05K |
+57.75% |
| 2014-12-31 | CA$-490.96K ≈ $-355.15K |
-408.33% |
| 2013-12-31 | CA$159.23K ≈ $115.19K |
+88.25% |
| 2012-12-31 | CA$84.59K ≈ $61.19K |
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Equity Component Analysis
This analysis shows how different components contribute to Avant Brands 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 9787458700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$110.91 Million | 447.24% |
| Other Components | CA$11.78 Million | 47.50% |
| Total Equity | CA$24.80 Million | 100.00% |
Avant Brands Inc Competitors by Market Cap
The table below lists competitors of Avant Brands Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paranovus Entertainment Technology Ltd.
NASDAQ:PAVS
|
$4.13 Million |
|
Invibes Advertising NV
PA:ALINV
|
$4.13 Million |
|
Agereh Technologies Inc
V:AUTO
|
$4.14 Million |
|
Sultan Resources Ltd
AU:SLZ
|
$4.14 Million |
|
Kineta, Inc.
NASDAQ:KANT
|
$4.12 Million |
|
Jaya Swarasa Agung PT
JK:TAYS
|
$4.12 Million |
|
DEFSEC Technologies Inc.
NASDAQ:DFSC
|
$4.12 Million |
|
Grupo Vasconia S.A.B
MX:VASCONI
|
$4.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avant Brands Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,855,000 to 24,799,000, a change of -8,056,000 (-24.5%).
- Net loss of 9,880,000 reduced equity.
- Other factors increased equity by 1,824,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.88 Million | -39.84% |
| Other Changes | CA$1.82 Million | +7.36% |
| Total Change | CA$- | -24.52% |
Book Value vs Market Value Analysis
This analysis compares Avant Brands 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: 0.23x
- 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.
- The price-to-book ratio has decreased from 0.84x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CA$0.60 | CA$0.50 | x |
| 2013-12-31 | CA$1.12 | CA$0.50 | x |
| 2014-12-31 | CA$-5.99 | CA$0.50 | x |
| 2015-12-31 | CA$-1.51 | CA$0.50 | x |
| 2016-12-31 | CA$-2.81 | CA$0.50 | x |
| 2017-12-31 | CA$0.27 | CA$0.50 | x |
| 2018-12-31 | CA$0.43 | CA$0.50 | x |
| 2019-12-31 | CA$10.86 | CA$0.50 | x |
| 2020-12-31 | CA$6.33 | CA$0.50 | x |
| 2021-12-31 | CA$7.89 | CA$0.50 | x |
| 2022-12-31 | CA$6.55 | CA$0.50 | x |
| 2023-12-31 | CA$5.90 | CA$0.50 | x |
| 2024-12-31 | CA$3.35 | CA$0.50 | x |
| 2025-12-31 | CA$2.22 | CA$0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avant Brands Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -39.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.52%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.99x
- Recent ROE (-39.84%) is below the historical average (-28.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -18.22% | 0.00% | 0.00x | 1.47x | CA$-23.87K |
| 2013 | -104.98% | 0.00% | 0.00x | 1.08x | CA$-183.08K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-601.09K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$71.98K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-165.60K |
| 2017 | -18.26% | 0.00% | 0.00x | 1.33x | CA$-37.87K |
| 2018 | -32.30% | -18228.41% | 0.00x | 1.24x | CA$-13.79 Million |
| 2019 | -26.83% | -413.77% | 0.05x | 1.24x | CA$-13.41 Million |
| 2020 | -35.79% | -128.63% | 0.19x | 1.44x | CA$-13.01 Million |
| 2021 | -23.47% | -118.27% | 0.19x | 1.06x | CA$-16.02 Million |
| 2022 | -17.17% | -37.43% | 0.30x | 1.53x | CA$-11.93 Million |
| 2023 | -10.28% | -19.25% | 0.32x | 1.67x | CA$-10.00 Million |
| 2024 | -68.65% | -62.99% | 0.60x | 1.81x | CA$-25.84 Million |
| 2025 | -39.84% | -27.52% | 0.73x | 1.99x | CA$-12.36 Million |
Industry Comparison
This section compares Avant Brands 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: $239,418,071
- Average return on equity (ROE) among peers: -102.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avant Brands Inc (AVNT) | CA$24.80 Million | -18.22% | 0.99x | $4.13 Million |
| Aurora Cannabis Inc (ACB) | $694.20K | -56.68% | 0.04x | $193.63 Million |
| Amotiv Limited (AOV) | $746.87 Million | -2.25% | 0.27x | $553.67 Million |
| Aequus Pharmaceuticals Inc (AQS) | $2.92 Million | -82.54% | 0.25x | $479.73K |
| Avicanna Inc (AVCN) | $3.46 Million | -426.03% | 4.09x | $13.17 Million |
| Bausch Health Companies Inc (BHC) | $1.28 Billion | 15.87% | 0.69x | $2.06 Billion |
| CanadaBis Capital Inc (CANB) | $317.23K | -43.61% | 0.10x | $1.53 Million |
| Cannabist Company Holdings Inc (CBST) | $65.35 Million | -268.87% | 11.60x | $12.59 Million |
| Cipher Pharmaceuticals Inc (CPH) | $28.01 Million | 11.57% | 0.66x | $326.62 Million |
| Cardiol Therapeutics Inc Class A (CRDL) | $22.27 Million | -71.36% | 0.11x | $148.65 Million |
About Avant Brands Inc
Avant Brands Inc. cultivates, produces, markets, and sells cannabis products in Canada. The company offers recreational cannabis products under the BLK MKT, Tenzo, Cognoscente, Treehugger, Pristine, and Flowr brands. It also provides medical cannabis products under the GreenTec brand. The company distributes cannabis through medical and recreational sales channels, as well as an e-commerce websit… Read more