Decibel Cannabis Company Inc (DB) - Net Assets
Based on the latest financial reports, Decibel Cannabis Company Inc (DB) has net assets worth CA$63.58 Million CAD (≈ $45.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$146.43 Million ≈ $105.93 Million USD) and total liabilities (CA$82.85 Million ≈ $59.93 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 Decibel Cannabis Company Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$63.58 Million |
| % of Total Assets | 43.42% |
| Annual Growth Rate | 20.98% |
| 5-Year Change | 93.58% |
| 10-Year Change | N/A |
| Growth Volatility | 128.62 |
Decibel Cannabis Company Inc - Net Assets Trend (1998–2024)
This chart illustrates how Decibel Cannabis Company Inc's net assets have evolved over time, based on quarterly financial data. Also explore Decibel Cannabis Company Inc (DB) total assets for the complete picture of this company's asset base.
Annual Net Assets for Decibel Cannabis Company Inc (1998–2024)
The table below shows the annual net assets of Decibel Cannabis Company Inc from 1998 to 2024. For live valuation and market cap data, see market cap of Decibel Cannabis Company Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$64.72 Million ≈ $46.81 Million |
+40.09% |
| 2023-12-31 | CA$46.20 Million ≈ $33.42 Million |
-2.15% |
| 2022-12-31 | CA$47.21 Million ≈ $34.15 Million |
-6.95% |
| 2021-12-31 | CA$50.73 Million ≈ $36.70 Million |
+51.76% |
| 2020-12-31 | CA$33.43 Million ≈ $24.18 Million |
-16.18% |
| 2019-12-31 | CA$39.88 Million ≈ $28.85 Million |
-57.13% |
| 2018-12-31 | CA$93.03 Million ≈ $67.29 Million |
+121659.43% |
| 2017-12-31 | CA$-76.53K ≈ $-55.36K |
-35.62% |
| 2016-12-31 | CA$-56.43K ≈ $-40.82K |
-91.70% |
| 2015-12-31 | CA$-29.43K ≈ $-21.29K |
-126.01% |
| 2014-12-31 | CA$113.18K ≈ $81.87K |
-86.89% |
| 2013-12-31 | CA$863.51K ≈ $624.65K |
-43.96% |
| 2012-12-31 | CA$1.54 Million ≈ $1.11 Million |
-49.44% |
| 2011-12-31 | CA$3.05 Million ≈ $2.20 Million |
+51.68% |
| 2010-12-31 | CA$2.01 Million ≈ $1.45 Million |
+127.90% |
| 2009-12-31 | CA$881.48K ≈ $637.65K |
-88.26% |
| 2008-12-31 | CA$7.51 Million ≈ $5.43 Million |
+9.83% |
| 2007-12-31 | CA$6.84 Million ≈ $4.95 Million |
+90.55% |
| 2006-12-31 | CA$3.59 Million ≈ $2.60 Million |
-7.04% |
| 2005-12-31 | CA$3.86 Million ≈ $2.79 Million |
+543.72% |
| 2004-12-31 | CA$599.71K ≈ $433.82K |
+9.59% |
| 2003-12-31 | CA$547.20K ≈ $395.84K |
-12.36% |
| 2002-12-31 | CA$624.35K ≈ $451.65K |
-9.51% |
| 2001-12-31 | CA$689.93K ≈ $499.09K |
-6.17% |
| 2000-12-31 | CA$735.27K ≈ $531.88K |
+156.73% |
| 1999-12-31 | CA$286.40K ≈ $207.18K |
-37.43% |
| 1998-12-31 | CA$457.75K ≈ $331.13K |
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Equity Component Analysis
This analysis shows how different components contribute to Decibel Cannabis Company 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 1471800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$79.43 Million | 122.74% |
| Total Equity | CA$64.72 Million | 100.00% |
Decibel Cannabis Company Inc Competitors by Market Cap
The table below lists competitors of Decibel Cannabis Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metagenomi, Inc. Common Stock
NASDAQ:MGX
|
$52.19 Million |
|
Annovis Bio Inc
NYSE:ANVS
|
$52.23 Million |
|
Yooshin Engineering Corporation
KQ:054930
|
$52.25 Million |
|
Supra Boga Lestari Tbk
JK:RANC
|
$52.25 Million |
|
Ultimovacs ASA
OL:ULTI
|
$52.14 Million |
|
Samhyun Steel Co. Ltd
KQ:017480
|
$52.12 Million |
|
Societe de Tayninh SA
PA:TAYN
|
$52.09 Million |
|
Kwang Ming Silk Mill Co Ltd
TWO:4420
|
$52.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Decibel Cannabis Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,196,000 to 64,715,000, a change of 18,519,000 (40.1%).
- Net income of 9,463,000 contributed positively to equity growth.
- Other factors increased equity by 9,056,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$9.46 Million | +14.62% |
| Other Changes | CA$9.06 Million | +13.99% |
| Total Change | CA$- | 40.09% |
Book Value vs Market Value Analysis
This analysis compares Decibel Cannabis Company 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: 1.11x
- 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 0.02x to 1.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CA$5.69 | CA$0.13 | x |
| 2000-12-31 | CA$7.45 | CA$0.13 | x |
| 2001-12-31 | CA$7.73 | CA$0.13 | x |
| 2002-12-31 | CA$3.85 | CA$0.13 | x |
| 2003-12-31 | CA$3.37 | CA$0.13 | x |
| 2004-12-31 | CA$3.68 | CA$0.13 | x |
| 2005-12-31 | CA$13.34 | CA$0.13 | x |
| 2006-12-31 | CA$7.60 | CA$0.13 | x |
| 2007-12-31 | CA$11.20 | CA$0.13 | x |
| 2008-12-31 | CA$9.92 | CA$0.13 | x |
| 2009-12-31 | CA$0.98 | CA$0.13 | x |
| 2010-12-31 | CA$2.24 | CA$0.13 | x |
| 2011-12-31 | CA$3.40 | CA$0.13 | x |
| 2012-12-31 | CA$1.72 | CA$0.13 | x |
| 2013-12-31 | CA$0.96 | CA$0.13 | x |
| 2014-12-31 | CA$0.13 | CA$0.13 | x |
| 2015-12-31 | CA$-0.03 | CA$0.13 | x |
| 2016-12-31 | CA$-0.06 | CA$0.13 | x |
| 2017-12-31 | CA$-0.08 | CA$0.13 | x |
| 2018-12-31 | CA$2.41 | CA$0.13 | x |
| 2019-12-31 | CA$0.61 | CA$0.13 | x |
| 2020-12-31 | CA$0.10 | CA$0.13 | x |
| 2021-12-31 | CA$0.14 | CA$0.13 | x |
| 2022-12-31 | CA$0.12 | CA$0.13 | x |
| 2023-12-31 | CA$0.11 | CA$0.13 | x |
| 2024-12-31 | CA$0.11 | CA$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Decibel Cannabis Company Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.23%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.35x
- Recent ROE (14.62%) is above the historical average (-75.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -307.14% | 0.00% | 0.00x | 1.23x | CA$-1.45 Million |
| 1999 | -66.11% | 0.00% | 0.00x | 1.68x | CA$-217.99K |
| 2000 | -8.83% | 0.00% | 0.00x | 1.01x | CA$-138.45K |
| 2001 | -6.57% | 0.00% | 0.00x | 1.01x | CA$-114.33K |
| 2002 | -10.50% | 0.00% | 0.00x | 1.02x | CA$-128.02K |
| 2003 | -14.10% | 0.00% | 0.00x | 1.01x | CA$-131.87K |
| 2004 | -28.50% | 0.00% | 0.00x | 1.29x | CA$-230.90K |
| 2005 | -10.90% | 0.00% | 0.00x | 1.42x | CA$-806.83K |
| 2006 | -32.33% | 0.00% | 0.00x | 1.43x | CA$-1.52 Million |
| 2007 | 8.56% | 0.00% | 0.00x | 1.27x | CA$-98.43K |
| 2008 | -6.94% | 0.00% | 0.00x | 1.22x | CA$-1.27 Million |
| 2009 | -747.05% | 0.00% | 0.00x | 2.20x | CA$-6.67 Million |
| 2010 | 56.12% | 0.00% | 0.00x | 1.08x | CA$926.55K |
| 2011 | 34.07% | 0.00% | 0.00x | 1.02x | CA$733.55K |
| 2012 | -96.87% | 0.00% | 0.00x | 1.05x | CA$-1.65 Million |
| 2013 | -77.30% | 0.00% | 0.00x | 1.16x | CA$-753.83K |
| 2014 | -660.43% | 0.00% | 0.00x | 1.24x | CA$-758.81K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-538.73K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-21.35K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-12.45K |
| 2018 | -15.48% | 0.00% | 0.00x | 2.32x | CA$-11.81 Million |
| 2019 | -16.37% | -104.75% | 0.07x | 2.22x | CA$-10.52 Million |
| 2020 | -27.55% | -30.77% | 0.34x | 2.65x | CA$-12.55 Million |
| 2021 | 3.44% | 3.32% | 0.42x | 2.48x | CA$-3.33 Million |
| 2022 | -9.45% | -5.62% | 0.56x | 2.98x | CA$-9.18 Million |
| 2023 | -3.83% | -1.67% | 0.74x | 3.10x | CA$-6.39 Million |
| 2024 | 14.62% | 10.23% | 0.61x | 2.35x | CA$2.99 Million |
Industry Comparison
This section compares Decibel Cannabis Company Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $107,805,152
- Average return on equity (ROE) among peers: -33.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Decibel Cannabis Company Inc (DB) | CA$63.58 Million | -307.14% | 1.30x | $52.16 Million |
| Aurora Cannabis Inc (ACB) | $1.37 Million | -23.49% | 0.01x | $193.63 Million |
| Amotiv Limited (AOV) | $991.21 Million | 1.74% | 0.01x | $553.67 Million |
| Aequus Pharmaceuticals Inc (AQS) | $1.68 Million | -166.73% | 0.19x | $479.73K |
| Avicanna Inc (AVCN) | $29.88 Million | -74.35% | 0.51x | $13.17 Million |
| Avant Brands Inc (AVNT) | $47.87 Million | -23.47% | 0.06x | $4.13 Million |
| Bausch Health Companies Inc (BHC) | $-322.00 Million | 0.00% | 0.00x | $2.06 Billion |
| CanadaBis Capital Inc (CANB) | $7.34 Million | 60.52% | 2.13x | $1.53 Million |
| Cannabist Company Holdings Inc (CBST) | $286.95 Million | -35.14% | 1.54x | $12.59 Million |
| Cipher Pharmaceuticals Inc (CPH) | $11.47 Million | 0.49% | 0.41x | $326.62 Million |
| Cardiol Therapeutics Inc Class A (CRDL) | $22.27 Million | -71.36% | 0.11x | $148.65 Million |
About Decibel Cannabis Company Inc
Decibel Cannabis Company Inc., an integrated cannabis company, engages in the cannabis cultivation in Canada. It is involved in the extraction, processing, and manufacturing of vape cartridges and glass tube packaging for pre-rolls. The company also engages in the business-to-business cannabis product sales in the provinces of Saskatchewan and Alberta; and e-commerce end-user customers in the pro… Read more