Goodfood Market Corp (FOOD) - Net Assets
Based on the latest financial reports, Goodfood Market Corp (FOOD) has net assets worth CA$-29.64 Million CAD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$39.06 Million) and total liabilities (CA$68.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-29.64 Million |
| % of Total Assets | -75.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | -127.86% |
| 10-Year Change | -50395.13% |
| Growth Volatility | 10537.58 |
Goodfood Market Corp - Net Assets Trend (2015–2025)
This chart illustrates how Goodfood Market Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Goodfood Market Corp (2015–2025)
The table below shows the annual net assets of Goodfood Market Corp from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$-27.27 Million | -4.56% |
| 2024-08-31 | CA$-26.08 Million | -11.24% |
| 2023-08-31 | CA$-23.44 Million | -109.72% |
| 2022-08-31 | CA$-11.18 Million | -111.42% |
| 2021-08-31 | CA$97.88 Million | +70.05% |
| 2020-08-31 | CA$57.56 Million | +230.77% |
| 2019-08-31 | CA$17.40 Million | +5.74% |
| 2018-08-31 | CA$16.46 Million | +0.64% |
| 2017-08-31 | CA$16.35 Million | +30061.17% |
| 2016-12-31 | CA$54.21K | +104.34% |
| 2016-08-31 | CA$-1.25 Million | -477.37% |
| 2015-08-31 | CA$331.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goodfood Market 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 22749593900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$188.81 Million | % |
| Other Comprehensive Income | CA$4.60 Million | % |
| Other Components | CA$7.27 Million | % |
| Total Equity | CA$-27.27 Million | 100.00% |
Goodfood Market Corp Competitors by Market Cap
The table below lists competitors of Goodfood Market Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PREDATOR OIL A.GAS HLDGS
F:1EM
|
$14.67 Million |
|
Trematon Capital Investments
JSE:TMT
|
$14.68 Million |
|
CADOGAN ENERGY SOLUTIONS
F:CPD
|
$14.68 Million |
|
Fitters Diversified Bhd
KLSE:9318
|
$14.70 Million |
|
Gullewa Ltd
AU:GUL
|
$14.66 Million |
|
Orex Minerals Inc
V:REX
|
$14.65 Million |
|
BLACKHORSE FPO [BHL]
AU:BHL
|
$14.64 Million |
|
HydrogenPro AS
OL:HYPRO
|
$14.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goodfood Market Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -26,078,000 to -27,267,000, a change of -1,189,000.
- Net loss of 8,095,000 reduced equity.
- Share repurchases of 46,000 reduced equity.
- Other comprehensive income decreased equity by 766,999.
- Other factors increased equity by 7,718,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.10 Million | -29.69% |
| Share Repurchases | CA$46.00K | -0.17% |
| Other Comprehensive Income | CA$-767.00K | -2.81% |
| Other Changes | CA$7.72 Million | +28.31% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Goodfood Market 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-08-31 | CA$3.37 | CA$0.21 | x |
| 2016-08-31 | CA$-1.12 | CA$0.21 | x |
| 2017-08-31 | CA$0.53 | CA$0.21 | x |
| 2018-08-31 | CA$0.34 | CA$0.21 | x |
| 2019-08-31 | CA$0.32 | CA$0.21 | x |
| 2020-08-31 | CA$0.98 | CA$0.21 | x |
| 2021-08-31 | CA$1.38 | CA$0.21 | x |
| 2022-08-31 | CA$-0.15 | CA$0.21 | x |
| 2023-08-31 | CA$-0.31 | CA$0.21 | x |
| 2024-08-31 | CA$-0.34 | CA$0.21 | x |
| 2025-08-31 | CA$-0.31 | CA$0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goodfood Market Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.70%
- • Asset Turnover: 2.89x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-67.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -20.98% | -35.65% | 0.51x | 1.16x | CA$-102.60K |
| 2016 | 0.00% | -44.22% | 3.38x | 0.00x | CA$-1.11 Million |
| 2016 | -510.81% | 0.00% | 0.00x | 2.98x | CA$-282.35K |
| 2017 | -60.34% | -49.84% | 0.93x | 1.30x | CA$-11.50 Million |
| 2018 | -57.33% | -13.38% | 2.05x | 2.08x | CA$-11.08 Million |
| 2019 | -120.32% | -12.98% | 2.00x | 4.64x | CA$-22.68 Million |
| 2020 | -9.28% | -1.87% | 1.75x | 2.83x | CA$-11.10 Million |
| 2021 | -32.48% | -8.38% | 1.49x | 2.61x | CA$-41.58 Million |
| 2022 | 0.00% | -45.33% | 2.07x | 0.00x | CA$-120.64 Million |
| 2023 | 0.00% | -9.77% | 2.92x | 0.00x | CA$-14.12 Million |
| 2024 | 0.00% | -2.25% | 2.92x | 0.00x | CA$-825.20K |
| 2025 | 0.00% | -6.70% | 2.89x | 0.00x | CA$-5.37 Million |
Industry Comparison
This section compares Goodfood Market Corp's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $-6,082,000
- Average return on equity (ROE) among peers: -3.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goodfood Market Corp (FOOD) | CA$-29.64 Million | -20.98% | N/A | $14.66 Million |
| MiniLuxe Holding Corp (MNLX) | $-49.24 Million | 0.00% | 0.00x | $19.34 Million |
| Rumbu Holdings Ltd. (RMB) | $321.42K | -14.41% | 0.06x | $6.58 Million |
| Grey Wolf Animal Health Corp. (WOLF) | $25.09 Million | 2.43% | 0.65x | $38.09 Million |
| White Pine Resources Inc. (WPR) | $-495.33K | 0.00% | 0.00x | $2.63 Million |
About Goodfood Market Corp
Goodfood Market Corp. operates as an online grocery subscription service in Canada. The company delivers fresh meals and add-ons. It offers ready-to-eat and ready-to-cook products, as well as meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and frozen products, and kitchen essentials. The company is headquartered in Montreal, Canada.