Ceres Global Ag Corp (CRP) - Net Assets
Based on the latest financial reports, Ceres Global Ag Corp (CRP) has net assets worth CA$153.42 Million CAD (≈ $110.98 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$295.43 Million ≈ $213.71 Million USD) and total liabilities (CA$142.01 Million ≈ $102.73 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 Ceres Global Ag Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$153.42 Million |
| % of Total Assets | 51.93% |
| Annual Growth Rate | 1.14% |
| 5-Year Change | 4.11% |
| 10-Year Change | -1.71% |
| Growth Volatility | 23.12 |
Ceres Global Ag Corp - Net Assets Trend (2008–2024)
This chart illustrates how Ceres Global Ag Corp's net assets have evolved over time, based on quarterly financial data. Also explore CRP current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Ceres Global Ag Corp (2008–2024)
The table below shows the annual net assets of Ceres Global Ag Corp from 2008 to 2024. For live valuation and market cap data, see Ceres Global Ag Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$150.95 Million ≈ $109.20 Million |
+5.82% |
| 2023-06-30 | CA$142.66 Million ≈ $103.20 Million |
-4.58% |
| 2022-06-30 | CA$149.50 Million ≈ $108.15 Million |
-4.72% |
| 2021-06-30 | CA$156.92 Million ≈ $113.51 Million |
+8.23% |
| 2020-06-30 | CA$144.99 Million ≈ $104.88 Million |
+10.88% |
| 2019-06-30 | CA$130.76 Million ≈ $94.59 Million |
-11.34% |
| 2018-06-30 | CA$147.50 Million ≈ $106.70 Million |
-0.85% |
| 2017-06-30 | CA$148.76 Million ≈ $107.61 Million |
-6.98% |
| 2016-06-30 | CA$159.92 Million ≈ $115.69 Million |
+4.13% |
| 2016-03-31 | CA$153.59 Million ≈ $111.10 Million |
-11.02% |
| 2015-06-30 | CA$172.61 Million ≈ $124.86 Million |
+42.31% |
| 2014-06-30 | CA$121.29 Million ≈ $87.74 Million |
-14.82% |
| 2013-06-30 | CA$142.40 Million ≈ $103.01 Million |
-8.87% |
| 2012-06-30 | CA$156.26 Million ≈ $113.03 Million |
-5.24% |
| 2011-06-30 | CA$164.89 Million ≈ $119.28 Million |
+34.61% |
| 2010-06-30 | CA$122.50 Million ≈ $88.61 Million |
+61.74% |
| 2009-06-30 | CA$75.74 Million ≈ $54.79 Million |
-39.85% |
| 2008-06-30 | CA$125.91 Million ≈ $91.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ceres Global Ag Corp'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 2720650433.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$173.38 Million | 114.86% |
| Other Comprehensive Income | CA$9.00 Million | 5.96% |
| Other Components | CA$1.22 Million | 0.81% |
| Total Equity | CA$150.95 Million | 100.00% |
Ceres Global Ag Corp Competitors by Market Cap
The table below lists competitors of Ceres Global Ag Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kelly Partners Group Holdings Ltd
AU:KPG
|
$137.75 Million |
|
First Farms A/S
CO:FFARMS
|
$137.79 Million |
|
Federal Agricultural Mortgage Corporation
NYSE:AGM-A
|
$137.84 Million |
|
Harbin Bank Co. Ltd
F:5H6
|
$137.86 Million |
|
1-800 FLOWERS.COM Inc
NASDAQ:FLWS
|
$137.63 Million |
|
Softstar Entertainment
TWO:6111
|
$137.62 Million |
|
Sangoma Technologies Corp
TO:STC
|
$137.60 Million |
|
Hansol Paper Co Ltd
KO:213500
|
$137.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ceres Global Ag Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 142,658,000 to 150,954,000, a change of 8,296,000 (5.8%).
- Net income of 9,360,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,088,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$9.36 Million | +6.2% |
| Other Comprehensive Income | CA$-1.09 Million | -0.72% |
| Other Changes | CA$24.00K | +0.02% |
| Total Change | CA$- | 5.82% |
Book Value vs Market Value Analysis
This analysis compares Ceres Global Ag Corp'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: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.42x to 1.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | CA$14.66 | CA$6.11 | x |
| 2009-06-30 | CA$5.87 | CA$6.11 | x |
| 2010-06-30 | CA$9.65 | CA$6.11 | x |
| 2011-06-30 | CA$11.16 | CA$6.11 | x |
| 2012-06-30 | CA$10.46 | CA$6.11 | x |
| 2013-06-30 | CA$9.89 | CA$6.11 | x |
| 2014-06-30 | CA$8.51 | CA$6.11 | x |
| 2015-06-30 | CA$9.40 | CA$6.11 | x |
| 2016-06-30 | CA$5.91 | CA$6.11 | x |
| 2017-06-30 | CA$5.40 | CA$6.11 | x |
| 2018-06-30 | CA$5.28 | CA$6.11 | x |
| 2019-06-30 | CA$4.68 | CA$6.11 | x |
| 2020-06-30 | CA$4.56 | CA$6.11 | x |
| 2021-06-30 | CA$4.80 | CA$6.11 | x |
| 2022-06-30 | CA$4.86 | CA$6.11 | x |
| 2023-06-30 | CA$4.59 | CA$6.11 | x |
| 2024-06-30 | CA$4.72 | CA$6.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ceres Global Ag Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 3.55x
- • Equity Multiplier: 1.72x
- Recent ROE (6.20%) is above the historical average (-3.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -4.32% | -526.51% | 0.01x | 1.07x | CA$-18.03 Million |
| 2009 | -44.94% | -1691.72% | 0.02x | 1.20x | CA$-41.61 Million |
| 2010 | 25.43% | 1001.38% | 0.02x | 1.26x | CA$18.90 Million |
| 2011 | 15.32% | 16.62% | 0.48x | 1.94x | CA$8.78 Million |
| 2012 | -2.44% | -2.06% | 0.63x | 1.88x | CA$-19.44 Million |
| 2013 | -7.93% | -5.15% | 0.75x | 2.04x | CA$-25.53 Million |
| 2014 | -14.37% | -8.29% | 1.00x | 1.73x | CA$-29.56 Million |
| 2015 | -0.63% | -0.72% | 0.62x | 1.41x | CA$-18.35 Million |
| 2016 | -6.67% | -3.89% | 1.02x | 1.69x | CA$-25.61 Million |
| 2016 | -6.67% | -3.89% | 1.02x | 1.69x | CA$-26.67 Million |
| 2017 | -9.18% | -2.58% | 2.06x | 1.72x | CA$-28.53 Million |
| 2018 | -0.38% | -0.14% | 2.19x | 1.27x | CA$-15.31 Million |
| 2019 | -12.58% | -3.75% | 2.06x | 1.63x | CA$-29.52 Million |
| 2020 | 2.99% | 0.75% | 2.28x | 1.76x | CA$-10.16 Million |
| 2021 | 7.68% | 1.61% | 2.21x | 2.16x | CA$-3.65 Million |
| 2022 | -5.37% | -0.76% | 3.18x | 2.23x | CA$-22.97 Million |
| 2023 | -5.55% | -0.76% | 3.93x | 1.85x | CA$-22.18 Million |
| 2024 | 6.20% | 1.02% | 3.55x | 1.72x | CA$-5.74 Million |
Industry Comparison
This section compares Ceres Global Ag Corp's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $54,038,498
- Average return on equity (ROE) among peers: -0.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ceres Global Ag Corp (CRP) | CA$153.42 Million | -4.32% | 0.93x | $137.69 Million |
| Century Global Commodities Corp (CNT) | $144.45 Million | -4.29% | 0.03x | $2.99 Million |
| Eastwood Bio-Medical Canada Inc (EBM) | $-144.32K | 0.00% | 0.00x | $37.37 Million |
| Colabor Group Inc. (GCL) | $85.76 Million | 3.83% | 0.54x | $2.95 Million |
| Organto Foods Incorporated (OGO) | $-13.91 Million | 0.00% | 0.00x | $89.44 Million |
About Ceres Global Ag Corp
Ceres Global Ag Corp. provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics services. The company operates through three segments: Grain, Supply Chain Services, and Seed Retail and Processing. The Grain segment engages in the procurement, and merchandising of specialty grains and oilseeds, such as oats, barley, ry… Read more