Green Rise Capital Corp (GRF) - Net Assets
Based on the latest financial reports, Green Rise Capital Corp (GRF) has net assets worth CA$5.08 Million CAD (≈ $3.67 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$53.83 Million ≈ $38.94 Million USD) and total liabilities (CA$48.75 Million ≈ $35.27 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. Read GRF current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.08 Million |
| % of Total Assets | 9.43% |
| Annual Growth Rate | 24.5% |
| 5-Year Change | -72.31% |
| 10-Year Change | N/A |
| Growth Volatility | 737.7 |
Green Rise Capital Corp - Net Assets Trend (2017–2024)
This chart illustrates how Green Rise Capital Corp's net assets have evolved over time, based on quarterly financial data. Also explore GRF total assets for the complete picture of this company's asset base.
Annual Net Assets for Green Rise Capital Corp (2017–2024)
The table below shows the annual net assets of Green Rise Capital Corp from 2017 to 2024. For live valuation and market cap data, see Green Rise Capital Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.20 Million ≈ $1.59 Million |
+40.88% |
| 2023-12-31 | CA$1.56 Million ≈ $1.13 Million |
-54.76% |
| 2022-12-31 | CA$3.46 Million ≈ $2.50 Million |
-29.00% |
| 2021-12-31 | CA$4.87 Million ≈ $3.52 Million |
-38.81% |
| 2020-12-31 | CA$7.95 Million ≈ $5.75 Million |
-9.32% |
| 2019-12-31 | CA$8.77 Million ≈ $6.34 Million |
+2088.88% |
| 2018-12-31 | CA$400.62K ≈ $289.80K |
-15.62% |
| 2017-12-31 | CA$474.78K ≈ $343.45K |
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Equity Component Analysis
This analysis shows how different components contribute to Green Rise Capital Corp'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 472528700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.10 Million | 322.34% |
| Total Equity | CA$2.20 Million | 100.00% |
Green Rise Capital Corp Competitors by Market Cap
The table below lists competitors of Green Rise Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REVOLVE RENEW.POWER CORP.
F:PM7
|
$8.28 Million |
|
Lease IT Public Company Limited
BK:LIT
|
$8.28 Million |
|
VVC Exploration Corp.
V:VVC
|
$8.29 Million |
|
Accuracy Shipping Limited
NSE:ACCURACY
|
$8.29 Million |
|
Readcloud Ltd
AU:RCL
|
$8.26 Million |
|
Grizzly Discoveries Inc
V:GZD
|
$8.26 Million |
|
Peppermint Innovation Ltd
AU:PIL
|
$8.25 Million |
|
SECUREKLOUD TECHNOLOGIES LIMITED
NSE:SECURKLOUD
|
$8.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Rise Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,563,000 to 2,202,000, a change of 639,000 (40.9%).
- Net income of 55,000 contributed positively to equity growth.
- New share issuances of 300,000 increased equity.
- Other factors increased equity by 284,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$55.00K | +2.5% |
| Share Issuances | CA$300.00K | +13.62% |
| Other Changes | CA$284.00K | +12.9% |
| Total Change | CA$- | 40.88% |
Book Value vs Market Value Analysis
This analysis compares Green Rise Capital Corp'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: 5.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.75x to 5.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.04 | CA$0.24 | x |
| 2018-12-31 | CA$0.04 | CA$0.24 | x |
| 2019-12-31 | CA$0.15 | CA$0.24 | x |
| 2020-12-31 | CA$0.18 | CA$0.24 | x |
| 2021-12-31 | CA$0.11 | CA$0.24 | x |
| 2022-12-31 | CA$0.07 | CA$0.24 | x |
| 2023-12-31 | CA$0.03 | CA$0.24 | x |
| 2024-12-31 | CA$0.05 | CA$0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Rise Capital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.18%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 23.17x
- Recent ROE (2.50%) is above the historical average (-40.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -18.85% | 0.00% | 0.00x | 1.15x | CA$-115.59K |
| 2019 | -25.49% | -17.02% | 0.41x | 3.64x | CA$-3.11 Million |
| 2020 | 10.88% | 5.83% | 0.46x | 4.04x | CA$69.80K |
| 2021 | -70.18% | -19.28% | 0.41x | 8.98x | CA$-3.90 Million |
| 2022 | -51.17% | -7.67% | 0.41x | 16.15x | CA$-2.11 Million |
| 2023 | -131.35% | -7.76% | 0.49x | 34.60x | CA$-2.21 Million |
| 2024 | 2.50% | 0.18% | 0.59x | 23.17x | CA$-165.20K |
Industry Comparison
This section compares Green Rise Capital Corp's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $11,957,356
- Average return on equity (ROE) among peers: -38.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Green Rise Capital Corp (GRF) | CA$5.08 Million | -18.85% | 9.60x | $8.27 Million |
| Imperial Ginseng Products Ltd (IGP) | $17.34 Million | 16.83% | 0.07x | $442.86K |
| Pond Technologies Holdings Inc (POND) | $6.58 Million | -93.02% | 0.09x | $619.16K |
About Green Rise Capital Corp
Green Rise Foods Inc. grows and sells greenhouse grown fresh produce in North America. It produces and sells tomatoes under the Sweet Peppers, MiMi Gourmet Tomatoes, Zima, XL Beef, Wild Wonders, Honey Bombs, and Mini Kumato brand names. The company was formerly known as Green Rise Capital Corporation and changed its name to Green Rise Foods Inc. in October 2020. Green Rise Foods Inc. is based in … Read more