K-Bro Linen Inc.
K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. The company engages in the processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, tablecloths, surgical gowns, drapes, and other linens. It also provi… Read more
K-Bro Linen Inc. (KBL) - Net Assets
Latest net assets as of September 2025: CA$277.80 Million CAD
Based on the latest financial reports, K-Bro Linen Inc. (KBL) has net assets worth CA$277.80 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$718.56 Million) and total liabilities (CA$440.76 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$277.80 Million |
| % of Total Assets | 38.66% |
| Annual Growth Rate | 8.88% |
| 5-Year Change | -0.05% |
| 10-Year Change | 67.27% |
| Growth Volatility | 21.13 |
K-Bro Linen Inc. - Net Assets Trend (2005–2024)
This chart illustrates how K-Bro Linen 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 K-Bro Linen Inc. (2005–2024)
The table below shows the annual net assets of K-Bro Linen Inc. from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$189.41 Million | +8.59% |
| 2023-12-31 | CA$174.43 Million | -1.20% |
| 2022-12-31 | CA$176.54 Million | -5.29% |
| 2021-12-31 | CA$186.40 Million | -1.64% |
| 2020-12-31 | CA$189.50 Million | -3.34% |
| 2019-12-31 | CA$196.05 Million | -1.31% |
| 2018-12-31 | CA$198.66 Million | -1.45% |
| 2017-12-31 | CA$201.59 Million | +72.78% |
| 2016-12-31 | CA$116.67 Million | +3.03% |
| 2015-12-31 | CA$113.24 Million | +3.47% |
| 2014-12-31 | CA$109.44 Million | +53.89% |
| 2013-12-31 | CA$71.12 Million | +5.07% |
| 2012-12-31 | CA$67.69 Million | +7.55% |
| 2011-12-31 | CA$62.93 Million | -1.22% |
| 2010-12-31 | CA$63.71 Million | -0.13% |
| 2009-12-31 | CA$63.79 Million | -0.11% |
| 2008-12-31 | CA$63.86 Million | +32.38% |
| 2007-12-31 | CA$48.24 Million | -3.83% |
| 2006-12-31 | CA$50.16 Million | +33.36% |
| 2005-12-31 | CA$37.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to K-Bro Linen 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 2073608300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$206.01 Million | 108.76% |
| Other Comprehensive Income | CA$6.87 Million | 3.63% |
| Total Equity | CA$189.41 Million | 100.00% |
K-Bro Linen Inc. Competitors by Market Cap
The table below lists competitors of K-Bro Linen Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu WELLE Environmental Co Ltd
SHE:300190
|
$305.70 Million |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
$305.74 Million |
|
B GRIMM POWER PCL-NVDR
BK:BGRIM-R
|
$305.79 Million |
|
Taihe Technologies
SHE:300801
|
$305.83 Million |
|
Volex plc
PINK:VLXGF
|
$305.63 Million |
|
Aurisco Pharmaceutical Co Ltd
SHG:605116
|
$305.60 Million |
|
Flytech Technology Co Ltd
TW:6206
|
$305.48 Million |
|
Shenzhen Sosen Electronics Co.Ltd.
SHE:301002
|
$305.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K-Bro Linen Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,431,000 to 189,411,000, a change of 14,980,000 (8.6%).
- Net income of 18,708,000 contributed positively to equity growth.
- Dividend payments of 12,699,000 reduced retained earnings.
- Share repurchases of 3,950,000 reduced equity.
- Other comprehensive income increased equity by 7,034,000.
- Other factors increased equity by 5,887,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$18.71 Million | +9.88% |
| Dividends Paid | CA$12.70 Million | -6.7% |
| Share Repurchases | CA$3.95 Million | -2.09% |
| Other Comprehensive Income | CA$7.03 Million | +3.71% |
| Other Changes | CA$5.89 Million | +3.11% |
| Total Change | CA$- | 8.59% |
Book Value vs Market Value Analysis
This analysis compares K-Bro Linen 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: 1.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.19x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$8.52 | CA$35.67 | x |
| 2006-12-31 | CA$9.60 | CA$35.67 | x |
| 2007-12-31 | CA$8.77 | CA$35.67 | x |
| 2008-12-31 | CA$9.46 | CA$35.67 | x |
| 2009-12-31 | CA$9.11 | CA$35.67 | x |
| 2010-12-31 | CA$9.11 | CA$35.67 | x |
| 2011-12-31 | CA$9.02 | CA$35.67 | x |
| 2012-12-31 | CA$9.68 | CA$35.67 | x |
| 2013-12-31 | CA$10.08 | CA$35.67 | x |
| 2014-12-31 | CA$15.39 | CA$35.67 | x |
| 2015-12-31 | CA$14.28 | CA$35.67 | x |
| 2016-12-31 | CA$14.61 | CA$35.67 | x |
| 2017-12-31 | CA$22.12 | CA$35.67 | x |
| 2018-12-31 | CA$18.92 | CA$35.67 | x |
| 2019-12-31 | CA$18.55 | CA$35.67 | x |
| 2020-12-31 | CA$17.83 | CA$35.67 | x |
| 2021-12-31 | CA$17.44 | CA$35.67 | x |
| 2022-12-31 | CA$16.45 | CA$35.67 | x |
| 2023-12-31 | CA$16.25 | CA$35.67 | x |
| 2024-12-31 | CA$17.93 | CA$35.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K-Bro Linen Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.01%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.31x
- Recent ROE (9.88%) is above the historical average (8.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.18% | 7.18% | 0.82x | 1.55x | CA$-309.52K |
| 2006 | 7.73% | 5.96% | 0.87x | 1.50x | CA$-1.14 Million |
| 2007 | 8.53% | 5.55% | 0.89x | 1.73x | CA$-710.09K |
| 2008 | 7.54% | 5.66% | 0.99x | 1.35x | CA$-1.57 Million |
| 2009 | 12.23% | 8.91% | 1.06x | 1.30x | CA$1.42 Million |
| 2010 | 12.22% | 7.48% | 1.13x | 1.45x | CA$1.41 Million |
| 2011 | 12.60% | 6.78% | 1.28x | 1.45x | CA$1.63 Million |
| 2012 | 16.47% | 8.83% | 1.33x | 1.40x | CA$4.38 Million |
| 2013 | 14.53% | 7.88% | 1.17x | 1.58x | CA$3.22 Million |
| 2014 | 11.15% | 8.94% | 1.03x | 1.21x | CA$1.25 Million |
| 2015 | 10.66% | 8.35% | 1.01x | 1.26x | CA$744.00K |
| 2016 | 9.88% | 7.25% | 0.95x | 1.44x | CA$-140.20K |
| 2017 | 2.84% | 3.35% | 0.58x | 1.46x | CA$-14.44 Million |
| 2018 | 3.11% | 2.58% | 0.74x | 1.62x | CA$-13.70 Million |
| 2019 | 5.56% | 4.32% | 0.72x | 1.80x | CA$-8.70 Million |
| 2020 | 2.00% | 1.92% | 0.61x | 1.71x | CA$-15.17 Million |
| 2021 | 4.66% | 3.88% | 0.67x | 1.78x | CA$-9.95 Million |
| 2022 | 2.21% | 1.41% | 0.85x | 1.85x | CA$-13.75 Million |
| 2023 | 10.09% | 5.49% | 0.88x | 2.09x | CA$163.90K |
| 2024 | 9.88% | 5.01% | 0.85x | 2.31x | CA$-233.10K |
Industry Comparison
This section compares K-Bro Linen Inc.'s net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $2,056,696,232
- Average return on equity (ROE) among peers: -5.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K-Bro Linen Inc. (KBL) | CA$277.80 Million | 9.18% | 1.59x | $305.68 Million |
| Calian Technologies Ltd (CGY) | $99.71 Million | 16.12% | 0.52x | $606.23 Million |
| GDI Integrated (GDI) | $13.72 Million | -39.17% | 0.04x | $357.25 Million |
| Ritchie Bros Auctioneers (RBA) | $6.06 Billion | 7.20% | 1.00x | $17.27 Billion |