Boat Rocker Media Inc
Boat Rocker Media Inc. engages in streamer, production studio, and rights business. Its studio creates and distributes a slate of programming in various content genres for streaming and broadcasting platform. It also operates free streaming and pay TV channels under various media brands, including Love Nature, Cottage Life, Smithsonian Channel Canada, BBC Earth Canada, HauntTV, Homeful, Total Cri… Read more
Boat Rocker Media Inc (BRMI) - Net Assets
Latest net assets as of March 2025: CA$96.05 Million CAD
Based on the latest financial reports, Boat Rocker Media Inc (BRMI) has net assets worth CA$96.05 Million CAD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$269.28 Million) and total liabilities (CA$173.23 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 | CA$96.05 Million |
| % of Total Assets | 35.67% |
| Annual Growth Rate | 19.19% |
| 5-Year Change | 275.37% |
| 10-Year Change | N/A |
| Growth Volatility | 130.65 |
Boat Rocker Media Inc - Net Assets Trend (2018–2024)
This chart illustrates how Boat Rocker Media 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 Boat Rocker Media Inc (2018–2024)
The table below shows the annual net assets of Boat Rocker Media Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$223.96 Million | -3.47% |
| 2023-12-31 | CA$232.01 Million | -11.33% |
| 2022-12-31 | CA$261.65 Million | -0.81% |
| 2021-12-31 | CA$263.78 Million | +342.11% |
| 2020-12-31 | CA$59.66 Million | -21.91% |
| 2019-12-31 | CA$76.41 Million | -2.19% |
| 2018-12-31 | CA$78.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boat Rocker Media 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 392.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$317.73 Million | 142.02% |
| Other Components | CA$30.79 Million | 13.76% |
| Total Equity | CA$223.72 Million | 100.00% |
Boat Rocker Media Inc Competitors by Market Cap
The table below lists competitors of Boat Rocker Media Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veridis Environment Ltd
TA:VRDS
|
$13.31 Million |
|
System and Application Technologies Co. Ltd
KQ:060540
|
$13.31 Million |
|
Bank Dinar Indonesia Tbk PT
JK:DNAR
|
$13.31 Million |
|
Enex Co.Ltd
KO:011090
|
$13.31 Million |
|
JR HOLDING SA BC ZY -10
F:8JA
|
$13.30 Million |
|
Eastern Star Real Estate Public Company Limited
BK:ESTAR
|
$13.29 Million |
|
Pantera Silver Corp.
PINK:PNTRF
|
$13.29 Million |
|
BasicNet S.p.A.
LSE:0N6O
|
$13.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boat Rocker Media Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 202,082,000 to 223,720,000, a change of 21,638,000 (10.7%).
- Net loss of 20,444,000 reduced equity.
- Other comprehensive income increased equity by 27,696,000.
- Other factors increased equity by 14,386,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-20.44 Million | -9.14% |
| Other Comprehensive Income | CA$27.70 Million | +12.38% |
| Other Changes | CA$14.39 Million | +6.43% |
| Total Change | CA$- | 10.71% |
Book Value vs Market Value Analysis
This analysis compares Boat Rocker Media 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 0.67x 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 |
|---|---|---|---|
| 2018-12-31 | CA$1.32 | CA$0.89 | x |
| 2019-12-31 | CA$0.82 | CA$0.89 | x |
| 2020-12-31 | CA$0.56 | CA$0.89 | x |
| 2021-12-31 | CA$4.69 | CA$0.89 | x |
| 2022-12-31 | CA$4.12 | CA$0.89 | x |
| 2023-12-31 | CA$3.59 | CA$0.89 | x |
| 2024-12-31 | CA$3.94 | CA$0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boat Rocker Media 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): -9.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.57%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.89x
- Recent ROE (-9.14%) is above the historical average (-28.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 12.61% | 5.68% | 0.42x | 5.33x | CA$1.94 Million |
| 2019 | -40.26% | -7.98% | 0.47x | 10.67x | CA$-24.32 Million |
| 2020 | -140.69% | -19.40% | 0.34x | 21.22x | CA$-47.12 Million |
| 2021 | -5.14% | -2.08% | 0.96x | 2.57x | CA$-35.59 Million |
| 2022 | 0.77% | 0.59% | 0.38x | 3.44x | CA$-21.38 Million |
| 2023 | -15.89% | -6.75% | 0.79x | 2.99x | CA$-52.32 Million |
| 2024 | -9.14% | -10.57% | 0.46x | 1.89x | CA$-42.82 Million |
Industry Comparison
This section compares Boat Rocker Media Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $66,075,056
- Average return on equity (ROE) among peers: -5.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boat Rocker Media Inc (BRMI) | CA$96.05 Million | 12.61% | 1.80x | $13.30 Million |
| Blue Ant Media Corporation (BAMI) | $202.08 Million | -15.89% | 1.99x | $37.92K |
| Sparx Technology Inc (SPRX) | $-1.06 Million | 0.00% | 0.00x | $254.49K |
| TGS Esports Inc (TGS) | $-2.80 Million | 0.00% | 0.00x | $5.29 Million |