Big Rock Brewery Inc. (BR) - Net Assets

Latest as of September 2025: CA$25.83 Million CAD ≈ $18.68 Million USD

Based on the latest financial reports, Big Rock Brewery Inc. (BR) has net assets worth CA$25.83 Million CAD (≈ $18.68 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$47.66 Million ≈ $34.47 Million USD) and total liabilities (CA$21.83 Million ≈ $15.79 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. Explore BR cash flow conversion to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$25.83 Million
% of Total Assets	54.2%
Annual Growth Rate	3.29%
5-Year Change	-73.59%
10-Year Change	-75.5%
Growth Volatility	28.0

Big Rock Brewery Inc. - Net Assets Trend (1991–2024)

This chart illustrates how Big Rock Brewery Inc.'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Big Rock Brewery Inc. market capitalisation.

Annual Net Assets for Big Rock Brewery Inc. (1991–2024)

The table below shows the annual net assets of Big Rock Brewery Inc. from 1991 to 2024. Read Big Rock Brewery Inc. (BR) financial obligations for a breakdown of total debt and financial obligations.

Year	Net Assets	Change
2024-12-31	CA$9.20 Million ≈ $6.65 Million	-59.17%
2023-12-31	CA$22.53 Million ≈ $16.29 Million	-10.62%
2022-12-31	CA$25.20 Million ≈ $18.23 Million	-20.51%
2021-12-31	CA$31.70 Million ≈ $22.93 Million	-8.96%
2020-12-31	CA$34.82 Million ≈ $25.19 Million	-2.95%
2019-12-31	CA$35.88 Million ≈ $25.95 Million	-7.01%
2018-12-31	CA$38.58 Million ≈ $27.91 Million	+4.61%
2017-12-31	CA$36.88 Million ≈ $26.68 Million	-1.04%
2016-12-31	CA$37.27 Million ≈ $26.96 Million	-0.72%
2015-12-31	CA$37.54 Million ≈ $27.16 Million	-2.35%
2014-12-31	CA$38.44 Million ≈ $27.81 Million	+28.32%
2013-12-31	CA$29.96 Million ≈ $21.67 Million	-6.59%
2012-12-31	CA$32.07 Million ≈ $23.20 Million	-1.16%
2011-12-31	CA$32.45 Million ≈ $23.47 Million	+27.99%
2010-12-31	CA$25.35 Million ≈ $18.34 Million	-1.35%
2009-12-31	CA$25.70 Million ≈ $18.59 Million	+2.82%
2008-12-31	CA$25.00 Million ≈ $18.08 Million	-7.92%
2007-12-31	CA$27.15 Million ≈ $19.64 Million	-10.60%
2006-12-31	CA$30.37 Million ≈ $21.97 Million	+1.80%
2005-12-31	CA$29.83 Million ≈ $21.58 Million	+1.05%
2004-12-31	CA$29.52 Million ≈ $21.35 Million	+10.62%
2003-12-31	CA$26.69 Million ≈ $19.30 Million	+7.83%
2002-12-31	CA$24.75 Million ≈ $17.90 Million	+13.61%
2001-12-31	CA$21.78 Million ≈ $15.76 Million	+14.43%
2000-12-31	CA$19.04 Million ≈ $13.77 Million	+14.69%
1999-12-31	CA$16.60 Million ≈ $12.01 Million	+1.22%
1998-12-31	CA$16.40 Million ≈ $11.86 Million	-7.34%
1997-12-31	CA$17.70 Million ≈ $12.80 Million	+1.72%
1996-12-31	CA$17.40 Million ≈ $12.59 Million	+50.25%
1995-12-31	CA$11.58 Million ≈ $8.38 Million	+13.09%
1994-12-31	CA$10.24 Million ≈ $7.41 Million	+21.42%
1993-12-31	CA$8.43 Million ≈ $6.10 Million	+15.71%
1992-12-31	CA$7.29 Million ≈ $5.27 Million	+130.30%
1991-12-31	CA$3.16 Million ≈ $2.29 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Big Rock Brewery 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 19191.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CA$113.91 Million	1238.56%
Other Components	CA$3.19 Million	34.63%
Total Equity	CA$9.20 Million	100.00%

Big Rock Brewery Inc. Competitors by Market Cap

The table below lists competitors of Big Rock Brewery Inc. ranked by their market capitalization.

Company	Market Cap
Rajshree Polypack Limited NSE:RPPL	$12.73 Million
OSR Holdings Inc NASDAQ:OSRH	$12.73 Million
PROBIOTIX HEALTH LS-05 F:X90	$12.74 Million
Lovable Lingerie Limited NSE:LOVABLE	$12.74 Million
Corella Resources Ltd AU:CR9	$12.73 Million
Sable Resources Ltd V:SAE	$12.72 Million
Zenith Exports Limited NSE:ZENITHEXPO	$12.72 Million
Regency Ceramics Limited NSE:REGENCERAM	$12.70 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Big Rock Brewery Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 22,526,000 to 9,197,000, a change of -13,329,000 (-59.2%).
Net loss of 13,467,000 reduced equity.
Share repurchases of 90,000 reduced equity.
New share issuances of 135,000 increased equity.
Other factors increased equity by 93,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-13.47 Million	-146.43%
Share Repurchases	CA$90.00K	-0.98%
Share Issuances	CA$135.00K	+1.47%
Other Changes	CA$93.00K	+1.01%
Total Change	CA$-	-59.17%

Book Value vs Market Value Analysis

This analysis compares Big Rock Brewery 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: 0.55x
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 0.95x to 0.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1991-12-31	CA$0.76	CA$0.72	x
1992-12-31	CA$1.75	CA$0.72	x
1993-12-31	CA$2.02	CA$0.72	x
1994-12-31	CA$2.46	CA$0.72	x
1995-12-31	CA$2.78	CA$0.72	x
1996-12-31	CA$4.18	CA$0.72	x
1997-12-31	CA$3.54	CA$0.72	x
1998-12-31	CA$3.01	CA$0.72	x
1999-12-31	CA$3.43	CA$0.72	x
2000-12-31	CA$4.08	CA$0.72	x
2001-12-31	CA$4.16	CA$0.72	x
2002-12-31	CA$4.53	CA$0.72	x
2004-12-31	CA$5.02	CA$0.72	x
2005-12-31	CA$5.00	CA$0.72	x
2006-12-31	CA$4.99	CA$0.72	x
2007-12-31	CA$4.31	CA$0.72	x
2008-12-31	CA$4.16	CA$0.72	x
2009-12-31	CA$4.27	CA$0.72	x
2010-12-31	CA$4.19	CA$0.72	x
2011-12-31	CA$5.35	CA$0.72	x
2012-12-31	CA$5.28	CA$0.72	x
2013-12-31	CA$4.91	CA$0.72	x
2014-12-31	CA$5.74	CA$0.72	x
2015-12-31	CA$5.46	CA$0.72	x
2016-12-31	CA$5.42	CA$0.72	x
2017-12-31	CA$5.29	CA$0.72	x
2018-12-31	CA$5.53	CA$0.72	x
2019-12-31	CA$5.14	CA$0.72	x
2020-12-31	CA$4.99	CA$0.72	x
2021-12-31	CA$4.58	CA$0.72	x
2022-12-31	CA$3.61	CA$0.72	x
2023-12-31	CA$3.23	CA$0.72	x
2024-12-31	CA$1.31	CA$0.72	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Big Rock Brewery 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): -146.43%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -31.06%
• Asset Turnover: 1.08x
• Equity Multiplier: 4.36x
Recent ROE (-146.43%) is below the historical average (2.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1991	28.57%	16.67%	1.04x	1.64x	CA$587.78K
1992	12.07%	12.50%	0.82x	1.17x	CA$150.81K
1993	14.75%	13.04%	0.91x	1.25x	CA$400.95K
1994	16.44%	7.27%	1.67x	1.36x	CA$659.29K
1995	11.76%	6.17%	0.88x	2.16x	CA$204.37K
1996	2.87%	2.07%	0.74x	1.89x	CA$-1.24 Million
1997	1.69%	1.19%	0.79x	1.81x	CA$-1.47 Million
1998	-3.66%	-2.26%	0.91x	1.78x	CA$-2.24 Million
1999	9.04%	4.73%	1.06x	1.80x	CA$-160.00K
2000	7.10%	4.20%	1.03x	1.65x	CA$-551.20K
2001	5.59%	3.53%	1.04x	1.52x	CA$-960.63K
2002	9.27%	5.83%	1.08x	1.48x	CA$-181.89K
2004	22.92%	17.45%	0.95x	1.39x	CA$3.81 Million
2005	22.19%	16.32%	0.97x	1.40x	CA$3.64 Million
2006	27.60%	21.65%	0.92x	1.39x	CA$5.34 Million
2007	20.14%	15.00%	1.02x	1.32x	CA$2.75 Million
2008	19.82%	13.17%	1.05x	1.44x	CA$2.46 Million
2009	28.91%	16.07%	1.27x	1.41x	CA$4.86 Million
2010	24.13%	13.55%	1.31x	1.36x	CA$3.58 Million
2011	7.81%	5.61%	1.00x	1.39x	CA$-711.90K
2012	12.89%	8.98%	0.99x	1.44x	CA$927.90K
2013	8.52%	6.13%	0.97x	1.42x	CA$-444.80K
2014	1.62%	1.70%	0.76x	1.25x	CA$-3.22 Million
2015	-2.86%	-2.72%	0.77x	1.37x	CA$-4.83 Million
2016	-1.22%	-1.05%	0.78x	1.48x	CA$-4.18 Million
2017	-2.77%	-2.19%	0.89x	1.41x	CA$-4.71 Million
2018	0.93%	0.74%	0.86x	1.47x	CA$-3.50 Million
2019	-8.14%	-6.85%	0.86x	1.39x	CA$-6.51 Million
2020	-1.91%	-1.51%	0.85x	1.49x	CA$-4.15 Million
2021	-10.27%	-7.08%	0.84x	1.73x	CA$-6.43 Million
2022	-28.18%	-15.08%	0.91x	2.05x	CA$-9.62 Million
2023	-13.02%	-6.72%	0.83x	2.34x	CA$-5.19 Million
2024	-146.43%	-31.06%	1.08x	4.36x	CA$-14.39 Million

Industry Comparison

This section compares Big Rock Brewery Inc.'s net assets metrics with peer companies in the Beverages - Brewers industry.

Industry Context

Industry: Beverages - Brewers
Average net assets among peers: $7,069,340,945
Average return on equity (ROE) among peers: 11.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Big Rock Brewery Inc. (BR)	CA$25.83 Million	28.57%	0.85x	$12.73 Million
Molson Coors Canada Inc (TPX-B)	$7.07 Billion	11.05%	0.69x	$316.16 Million

About Big Rock Brewery Inc.

TO:BR Canada Beverages - Brewers

Market Cap

$12.73 Million

CA$17.60 Million CAD

Market Cap Rank

#26276 Global

#1081 in Canada

Share Price

CA$0.72

Change (1 day)

+0.00%

52-Week Range

CA$0.67 - CA$1.20

All Time High

CA$8.20