Earth Alive Clean Technologies Inc
Earth Alive Clean Technologies Inc. develops, manufactures, and distributes microbial technology-based products in Canada, the United States, Central and South America, Europe, Africa, and Asia. It operates in two segments, Infrastructure & Maintenance, and Agriculture. The Infrastructure & Maintenance segment offers ea1, an organic and biodegradable product to control dust. The Agriculture segme… Read more
Earth Alive Clean Technologies Inc (EAC) - Net Assets
Latest net assets as of March 2024: CA$5.56 Million CAD
Based on the latest financial reports, Earth Alive Clean Technologies Inc (EAC) has net assets worth CA$5.56 Million CAD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.86 Million) and total liabilities (CA$4.30 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$5.56 Million |
| % of Total Assets | 56.35% |
| Annual Growth Rate | 13.82% |
| 5-Year Change | 111.83% |
| 10-Year Change | N/A |
| Growth Volatility | 110.11 |
Earth Alive Clean Technologies Inc - Net Assets Trend (2016–2023)
This chart illustrates how Earth Alive Clean Technologies 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 Earth Alive Clean Technologies Inc (2016–2023)
The table below shows the annual net assets of Earth Alive Clean Technologies Inc from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$5.68 Million | -15.38% |
| 2022-12-31 | CA$6.72 Million | +42.55% |
| 2021-12-31 | CA$4.71 Million | +215.72% |
| 2020-12-31 | CA$1.49 Million | -44.38% |
| 2019-12-31 | CA$2.68 Million | +222.26% |
| 2018-12-31 | CA$-2.19 Million | -1070.37% |
| 2017-12-31 | CA$-187.51K | -108.16% |
| 2016-12-31 | CA$2.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Earth Alive Clean Technologies 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 2166056300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$35.84 Million | 630.67% |
| Total Equity | CA$5.68 Million | 100.00% |
Earth Alive Clean Technologies Inc Competitors by Market Cap
The table below lists competitors of Earth Alive Clean Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Muza S.A
WAR:MZA
|
$1.43 Million |
|
AmeraMex International Inc
PINK:AMMX
|
$1.43 Million |
|
TCTM Kids IT Education Inc.
NASDAQ:VSA
|
$1.43 Million |
|
Webac Holding AG
F:RKB
|
$1.43 Million |
|
Rallye SA
PA:RAL
|
$1.43 Million |
|
Eat Beyond Global Holdings Inc
PINK:EATBF
|
$1.43 Million |
|
MACDONALD MNS EXPL. A
F:3M7
|
$1.43 Million |
|
ATMA Participações S.A.
SA:ATMP3
|
$1.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Earth Alive Clean Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,716,207 to 5,683,229, a change of -1,032,978 (-15.4%).
- Net loss of 4,474,644 reduced equity.
- New share issuances of 3,419,705 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.47 Million | -78.73% |
| Share Issuances | CA$3.42 Million | +60.17% |
| Other Changes | CA$21.96K | +0.39% |
| Total Change | CA$- | -15.38% |
Book Value vs Market Value Analysis
This analysis compares Earth Alive Clean Technologies 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: 0.46x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.00 | CA$0.01 | x |
| 2018-12-31 | CA$-0.02 | CA$0.01 | x |
| 2019-12-31 | CA$0.01 | CA$0.01 | x |
| 2020-12-31 | CA$0.01 | CA$0.01 | x |
| 2021-12-31 | CA$0.02 | CA$0.01 | x |
| 2022-12-31 | CA$0.02 | CA$0.01 | x |
| 2023-12-31 | CA$0.01 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Earth Alive Clean Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -78.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -193.34%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.23x
- Recent ROE (-78.73%) is below the historical average (-60.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -103.88% | -249.21% | 0.38x | 1.10x | CA$-2.62 Million |
| 2017 | 0.00% | -701.29% | 0.27x | 0.00x | CA$-3.13 Million |
| 2018 | 0.00% | -245.18% | 1.21x | 0.00x | CA$-3.29 Million |
| 2019 | -99.22% | -122.22% | 0.66x | 1.24x | CA$-2.93 Million |
| 2020 | -94.85% | -50.92% | 1.49x | 1.25x | CA$-1.56 Million |
| 2021 | -49.42% | -65.23% | 0.66x | 1.14x | CA$-2.80 Million |
| 2022 | -61.28% | -177.95% | 0.25x | 1.36x | CA$-4.79 Million |
| 2023 | -78.73% | -193.34% | 0.33x | 1.23x | CA$-5.04 Million |
Industry Comparison
This section compares Earth Alive Clean Technologies Inc's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $26,981,000
- Average return on equity (ROE) among peers: -4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Earth Alive Clean Technologies Inc (EAC) | CA$5.56 Million | -103.88% | 0.77x | $1.43 Million |
| Verde Agritech PLC (NPK) | $26.98 Million | -4.34% | 0.01x | $33.00 Million |