Lassonde Industries Inc (LAS-A) - Net Assets
Based on the latest financial reports, Lassonde Industries Inc (LAS-A) has net assets worth CA$1.20 Billion 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$2.29 Billion) and total liabilities (CA$1.09 Billion). 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$1.20 Billion |
| % of Total Assets | 52.52% |
| Annual Growth Rate | 11.13% |
| 5-Year Change | 46.51% |
| 10-Year Change | 114.78% |
| Growth Volatility | 8.13 |
Lassonde Industries Inc - Net Assets Trend (1993–2024)
This chart illustrates how Lassonde Industries 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 Lassonde Industries Inc (1993–2024)
The table below shows the annual net assets of Lassonde Industries Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.17 Billion | +17.06% |
| 2023-12-31 | CA$995.90 Million | +6.22% |
| 2022-12-31 | CA$937.57 Million | +8.33% |
| 2021-12-31 | CA$865.51 Million | +8.77% |
| 2020-12-31 | CA$795.73 Million | +8.29% |
| 2019-12-31 | CA$734.82 Million | +1.74% |
| 2018-12-31 | CA$722.25 Million | +15.57% |
| 2017-12-31 | CA$624.96 Million | +6.73% |
| 2016-12-31 | CA$585.58 Million | +7.88% |
| 2015-12-31 | CA$542.80 Million | +26.01% |
| 2014-12-31 | CA$430.76 Million | +18.97% |
| 2013-12-31 | CA$362.07 Million | +17.48% |
| 2012-12-31 | CA$308.20 Million | +10.37% |
| 2011-12-31 | CA$279.25 Million | +35.61% |
| 2010-12-31 | CA$205.92 Million | +13.13% |
| 2009-12-31 | CA$182.02 Million | +5.46% |
| 2008-12-31 | CA$172.59 Million | +21.60% |
| 2007-12-31 | CA$141.93 Million | +13.93% |
| 2006-12-31 | CA$124.57 Million | +5.31% |
| 2005-12-31 | CA$118.30 Million | +13.09% |
| 2004-12-31 | CA$104.60 Million | +9.56% |
| 2003-12-31 | CA$95.48 Million | +13.01% |
| 2002-12-31 | CA$84.49 Million | -13.50% |
| 2001-12-31 | CA$97.67 Million | +9.19% |
| 2000-12-31 | CA$89.45 Million | +9.09% |
| 1999-12-31 | CA$82.00 Million | +5.94% |
| 1998-12-31 | CA$77.40 Million | +7.80% |
| 1997-12-31 | CA$71.80 Million | +18.68% |
| 1996-12-31 | CA$60.50 Million | +10.00% |
| 1995-12-31 | CA$55.00 Million | +11.34% |
| 1994-12-31 | CA$49.40 Million | +11.76% |
| 1993-12-31 | CA$44.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lassonde Industries 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 grown by 3433.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$883.35 Million | 82.55% |
| Common Stock | CA$46.66 Million | 4.36% |
| Other Comprehensive Income | CA$138.67 Million | 12.96% |
| Other Components | CA$1.36 Million | 0.13% |
| Total Equity | CA$1.07 Billion | 100.00% |
Lassonde Industries Inc Competitors by Market Cap
The table below lists competitors of Lassonde Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
$510.84 Million |
|
First Mining Gold Corp
TO:FF
|
$510.85 Million |
|
GHCL Limited
NSE:GHCL
|
$510.89 Million |
|
PVA TePla AG
XETRA:TPE
|
$510.97 Million |
|
Kearny Financial Corp
NASDAQ:KRNY
|
$510.61 Million |
|
Solus Advanced Materials Co Ltd
KO:336370
|
$510.55 Million |
|
FORUM ENERGY TECH. DL-01
F:1FE1
|
$510.30 Million |
|
CoinShares International Ltd
ST:CS
|
$509.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lassonde Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 922,570,000 to 1,070,041,000, a change of 147,471,000 (16.0%).
- Net income of 114,124,000 contributed positively to equity growth.
- Dividend payments of 27,286,000 reduced retained earnings.
- Other comprehensive income increased equity by 64,894,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$114.12 Million | +10.67% |
| Dividends Paid | CA$27.29 Million | -2.55% |
| Other Comprehensive Income | CA$64.89 Million | +6.06% |
| Other Changes | CA$-4.26 Million | -0.4% |
| Total Change | CA$- | 15.98% |
Book Value vs Market Value Analysis
This analysis compares Lassonde Industries 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: 1.47x
- 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 34.94x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$6.58 | CA$230.01 | x |
| 1994-12-31 | CA$7.34 | CA$230.01 | x |
| 1995-12-31 | CA$8.29 | CA$230.01 | x |
| 1996-12-31 | CA$9.00 | CA$230.01 | x |
| 1997-12-31 | CA$10.01 | CA$230.01 | x |
| 1998-12-31 | CA$10.47 | CA$230.01 | x |
| 1999-12-31 | CA$11.32 | CA$230.01 | x |
| 2000-12-31 | CA$12.26 | CA$230.01 | x |
| 2001-12-31 | CA$13.48 | CA$230.01 | x |
| 2002-12-31 | CA$12.62 | CA$230.01 | x |
| 2003-12-31 | CA$14.17 | CA$230.01 | x |
| 2004-12-31 | CA$15.35 | CA$230.01 | x |
| 2005-12-31 | CA$17.36 | CA$230.01 | x |
| 2006-12-31 | CA$18.29 | CA$230.01 | x |
| 2007-12-31 | CA$21.21 | CA$230.01 | x |
| 2008-12-31 | CA$25.90 | CA$230.01 | x |
| 2009-12-31 | CA$27.50 | CA$230.01 | x |
| 2010-12-31 | CA$31.29 | CA$230.01 | x |
| 2011-12-31 | CA$39.03 | CA$230.01 | x |
| 2012-12-31 | CA$41.63 | CA$230.01 | x |
| 2013-12-31 | CA$49.01 | CA$230.01 | x |
| 2014-12-31 | CA$57.05 | CA$230.01 | x |
| 2015-12-31 | CA$71.70 | CA$230.01 | x |
| 2016-12-31 | CA$77.53 | CA$230.01 | x |
| 2017-12-31 | CA$82.94 | CA$230.01 | x |
| 2018-12-31 | CA$95.65 | CA$230.01 | x |
| 2019-12-31 | CA$98.06 | CA$230.01 | x |
| 2020-12-31 | CA$106.67 | CA$230.01 | x |
| 2021-12-31 | CA$116.60 | CA$230.01 | x |
| 2022-12-31 | CA$127.59 | CA$230.01 | x |
| 2023-12-31 | CA$135.23 | CA$230.01 | x |
| 2024-12-31 | CA$156.85 | CA$230.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lassonde Industries 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): 10.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.39%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 2.13x
- Recent ROE (10.67%) is below the historical average (11.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 10.63% | 3.72% | 1.55x | 1.84x | CA$280.00K |
| 1994 | 14.17% | 5.13% | 1.65x | 1.67x | CA$2.06 Million |
| 1995 | 13.27% | 4.82% | 1.54x | 1.79x | CA$1.80 Million |
| 1996 | 12.89% | 4.88% | 1.41x | 1.87x | CA$1.75 Million |
| 1997 | 11.79% | 4.97% | 1.24x | 1.91x | CA$1.20 Million |
| 1998 | 8.31% | 3.23% | 1.33x | 1.93x | CA$-1.20 Million |
| 1999 | 9.54% | 3.52% | 1.37x | 1.97x | CA$-350.00K |
| 2000 | 10.63% | 3.70% | 1.49x | 1.93x | CA$517.98K |
| 2001 | 10.42% | 3.57% | 1.57x | 1.86x | CA$381.60K |
| 2002 | -2.26% | -0.83% | 1.31x | 2.08x | CA$-10.36 Million |
| 2003 | 14.27% | 5.50% | 1.55x | 1.67x | CA$4.08 Million |
| 2004 | 11.46% | 4.58% | 1.33x | 1.88x | CA$1.53 Million |
| 2005 | 14.46% | 5.29% | 1.54x | 1.77x | CA$5.27 Million |
| 2006 | 11.04% | 3.89% | 1.57x | 1.80x | CA$1.29 Million |
| 2007 | 16.44% | 5.82% | 1.40x | 2.01x | CA$9.14 Million |
| 2008 | 16.83% | 5.75% | 1.61x | 1.82x | CA$11.80 Million |
| 2009 | 16.81% | 5.84% | 1.52x | 1.90x | CA$12.40 Million |
| 2010 | 15.42% | 5.92% | 1.43x | 1.82x | CA$11.16 Million |
| 2011 | 13.12% | 4.53% | 0.95x | 3.04x | CA$8.20 Million |
| 2012 | 15.11% | 4.30% | 1.28x | 2.75x | CA$14.86 Million |
| 2013 | 13.12% | 4.32% | 1.31x | 2.33x | CA$10.69 Million |
| 2014 | 11.35% | 3.83% | 1.16x | 2.55x | CA$5.37 Million |
| 2015 | 11.37% | 3.93% | 1.27x | 2.28x | CA$6.88 Million |
| 2016 | 12.58% | 4.51% | 1.37x | 2.04x | CA$13.98 Million |
| 2017 | 15.52% | 5.89% | 1.45x | 1.82x | CA$31.99 Million |
| 2018 | 9.93% | 4.16% | 1.21x | 1.97x | CA$-447.30K |
| 2019 | 10.57% | 4.29% | 1.28x | 1.92x | CA$3.90 Million |
| 2020 | 13.22% | 4.94% | 1.43x | 1.87x | CA$23.85 Million |
| 2021 | 9.59% | 4.09% | 1.33x | 1.76x | CA$-3.33 Million |
| 2022 | 6.15% | 2.51% | 1.34x | 1.83x | CA$-33.78 Million |
| 2023 | 9.49% | 3.78% | 1.39x | 1.81x | CA$-4.73 Million |
| 2024 | 10.67% | 4.39% | 1.14x | 2.13x | CA$7.12 Million |
Industry Comparison
This section compares Lassonde Industries Inc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $21,377,121
- Average return on equity (ROE) among peers: -112.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lassonde Industries Inc (LAS-A) | CA$1.20 Billion | 10.63% | 0.90x | $510.64 Million |
| Flow Beverage Corp (FLOW) | $10.45 Million | -0.91% | 7.61x | $2.92 Million |
| Guru Organic Energy Corp (GURU) | $72.55 Million | -13.57% | 0.17x | $95.82 Million |
| Hill Street Beverage Company Inc (HILL) | $1.63 Million | -128.95% | 1.75x | $403.71K |
| Yerbae Brands Corp. (YERB-U) | $881.81K | -305.54% | 0.46x | $5.04 Million |
About Lassonde Industries Inc
Lassonde Industries Inc., together with its subsidiaries, develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, frozen juice concentrates, and specialty food products in Canada, the United States, and internationally. The company also manufactures and markets cranberry sauces, as well as selected wines, ciders, and other selected alcoholic beverages; and sau… Read more