Emerge Commerce Ltd (ECOM) - Net Assets
Based on the latest financial reports, Emerge Commerce Ltd (ECOM) has net assets worth CA$-7.58 Million CAD (≈ $-5.48 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$11.13 Million ≈ $8.05 Million USD) and total liabilities (CA$18.71 Million ≈ $13.53 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Emerge Commerce Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-7.58 Million |
| % of Total Assets | -68.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | -148.87% |
| 10-Year Change | N/A |
| Growth Volatility | 174.73 |
Emerge Commerce Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Emerge Commerce Ltd's net assets have evolved over time, based on quarterly financial data. See ECOM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Emerge Commerce Ltd (2019–2024)
The table below shows the annual net assets of Emerge Commerce Ltd from 2019 to 2024. For live valuation and market cap data, see Emerge Commerce Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-8.83 Million ≈ $-6.39 Million |
+10.47% |
| 2023-12-31 | CA$-9.87 Million ≈ $-7.14 Million |
-197.54% |
| 2022-12-31 | CA$10.11 Million ≈ $7.32 Million |
-62.54% |
| 2021-12-31 | CA$27.00 Million ≈ $19.53 Million |
+49.40% |
| 2020-12-31 | CA$18.07 Million ≈ $13.08 Million |
+279.15% |
| 2019-12-31 | CA$4.77 Million ≈ $3.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Emerge Commerce Ltd'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 4589502500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$48.26 Million | % |
| Total Equity | CA$-8.83 Million | 100.00% |
Emerge Commerce Ltd Competitors by Market Cap
The table below lists competitors of Emerge Commerce Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REMAK SA
WAR:RMK
|
$9.58 Million |
|
KYM Holdings Bhd
KLSE:8362
|
$9.58 Million |
|
Entero Therapeutics, Inc.
NASDAQ:ENTO
|
$9.58 Million |
|
CoinSmart Financial Inc
NEO:SMRT
|
$9.59 Million |
|
Ryukil C&S Ltd
KQ:191410
|
$9.57 Million |
|
Prismaflex Intl
PA:ALPRI
|
$9.56 Million |
|
ECP Emerging Growth Ltd
AU:ECP
|
$9.56 Million |
|
Adaptimmune Therapeutics Plc
NASDAQ:ADAP
|
$9.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Emerge Commerce Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -9,866,028 to -8,833,344, a change of 1,032,684.
- Net loss of 505,740 reduced equity.
- Other factors increased equity by 1,538,424.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-505.74K | -5.73% |
| Other Changes | CA$1.54 Million | +17.42% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Emerge Commerce Ltd'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 |
|---|---|---|---|
| 2019-12-31 | CA$0.06 | CA$0.08 | x |
| 2020-12-31 | CA$0.20 | CA$0.08 | x |
| 2021-12-31 | CA$0.26 | CA$0.08 | x |
| 2022-12-31 | CA$0.10 | CA$0.08 | x |
| 2023-12-31 | CA$-0.08 | CA$0.08 | x |
| 2024-12-31 | CA$-0.06 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Emerge Commerce Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.48%
- • Asset Turnover: 2.62x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-41.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -29.39% | -33.68% | 0.14x | 6.10x | CA$-1.88 Million |
| 2020 | -24.51% | -48.13% | 0.21x | 2.40x | CA$-6.24 Million |
| 2021 | -24.29% | -18.84% | 0.43x | 2.97x | CA$-9.26 Million |
| 2022 | -171.86% | -29.89% | 0.97x | 5.91x | CA$-18.39 Million |
| 2023 | 0.00% | -108.55% | 0.85x | 0.00x | CA$-20.27 Million |
| 2024 | 0.00% | -2.48% | 2.62x | 0.00x | CA$377.59K |
Industry Comparison
This section compares Emerge Commerce Ltd's net assets metrics with peer companies in the Internet Retail industry.
No peer company data available for comparison.
About Emerge Commerce Ltd
EMERGE Commerce Ltd. owns and operates a portfolio of e-commerce marketplaces in Canada and the United States. The company's e-commerce brands include truLOCAL.ca, UnderPar.com, JustGolfStuff.ca, and CarnivoreClub.co. Its marketplace and subscription e-commerce sites provide access to meat and grocery, and golf experiences and products. The company is based in Toronto, Canada.