CO2 Gro Inc (GROW) - Net Assets
Based on the latest financial reports, CO2 Gro Inc (GROW) has net assets worth CA$237.38K CAD (≈ $171.72K USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$710.61K ≈ $514.04K USD) and total liabilities (CA$473.23K ≈ $342.33K 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 GROW cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$237.38K |
| % of Total Assets | 33.41% |
| Annual Growth Rate | -2.74% |
| 5-Year Change | 59.41% |
| 10-Year Change | 9.35% |
| Growth Volatility | 163.1 |
CO2 Gro Inc - Net Assets Trend (2011–2022)
This chart illustrates how CO2 Gro Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of CO2 Gro Inc for the complete picture of this company's asset base.
Annual Net Assets for CO2 Gro Inc (2011–2022)
The table below shows the annual net assets of CO2 Gro Inc from 2011 to 2022. For live valuation and market cap data, see GROW market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$921.28K ≈ $666.44K |
+111.43% |
| 2021-12-31 | CA$435.75K ≈ $315.21K |
-57.34% |
| 2020-12-31 | CA$1.02 Million ≈ $738.93K |
+155.35% |
| 2019-12-31 | CA$400.04K ≈ $289.38K |
-30.78% |
| 2018-12-31 | CA$577.93K ≈ $418.07K |
+177.29% |
| 2017-12-31 | CA$-747.72K ≈ $-540.89K |
-403.62% |
| 2016-12-31 | CA$246.27K ≈ $178.15K |
+150.78% |
| 2015-12-31 | CA$-484.93K ≈ $-350.79K |
+13.97% |
| 2014-12-31 | CA$-563.66K ≈ $-407.74K |
-166.91% |
| 2013-12-31 | CA$842.47K ≈ $609.43K |
+23.88% |
| 2012-12-31 | CA$680.05K ≈ $491.94K |
-45.65% |
| 2011-12-31 | CA$1.25 Million ≈ $905.14K |
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Equity Component Analysis
This analysis shows how different components contribute to CO2 Gro 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 2217440200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$19.94 Million | 2164.14% |
| Other Components | CA$4.49 Million | 487.27% |
| Total Equity | CA$921.28K | 100.00% |
CO2 Gro Inc Competitors by Market Cap
The table below lists competitors of CO2 Gro Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infield Minerals Corp
V:INFD
|
$1.41 Million |
|
Moovly Media Inc
V:MVY
|
$1.41 Million |
|
Nexoptic Technology Corp
V:NXO
|
$1.41 Million |
|
Catheter Precision Inc.
NYSE MKT:VTAK
|
$1.41 Million |
|
Beeks Trading Corporation Ltd
LSE:BKS
|
$1.41 Million |
|
Peel Hunt Ltd
LSE:PEEL
|
$1.41 Million |
|
Charles & Colvard Ltd
NASDAQ:CTHR
|
$1.41 Million |
|
Dialight plc
LSE:DIA
|
$1.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CO2 Gro Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 435,745 to 921,278, a change of 485,533 (111.4%).
- Net loss of 1,765,052 reduced equity.
- Other comprehensive income decreased equity by 495,611.
- Other factors increased equity by 2,746,196.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.77 Million | -191.59% |
| Other Comprehensive Income | CA$-495.61K | -53.8% |
| Other Changes | CA$2.75 Million | +298.09% |
| Total Change | CA$- | 111.43% |
Book Value vs Market Value Analysis
This analysis compares CO2 Gro 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: 2.08x
- 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 2.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$1.01 | CA$0.02 | x |
| 2012-12-31 | CA$0.22 | CA$0.02 | x |
| 2013-12-31 | CA$0.21 | CA$0.02 | x |
| 2014-12-31 | CA$-0.11 | CA$0.02 | x |
| 2015-12-31 | CA$-0.08 | CA$0.02 | x |
| 2016-12-31 | CA$0.02 | CA$0.02 | x |
| 2017-12-31 | CA$-0.02 | CA$0.02 | x |
| 2018-12-31 | CA$0.01 | CA$0.02 | x |
| 2019-12-31 | CA$0.01 | CA$0.02 | x |
| 2020-12-31 | CA$0.01 | CA$0.02 | x |
| 2021-12-31 | CA$0.01 | CA$0.02 | x |
| 2022-12-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CO2 Gro Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -191.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -619.67%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.55x
- Recent ROE (-191.59%) is above the historical average (-228.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -95.42% | -34114.11% | 0.00x | 1.21x | CA$-1.32 Million |
| 2012 | -283.19% | 0.00% | 0.00x | 1.36x | CA$-1.99 Million |
| 2013 | -307.60% | 0.00% | 0.00x | 1.68x | CA$-2.68 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.38 Million |
| 2015 | 0.00% | -75966.07% | 0.01x | 0.00x | CA$-1.05 Million |
| 2016 | -792.16% | -24616.56% | 0.01x | 4.19x | CA$-1.98 Million |
| 2017 | 0.00% | -24788.87% | 0.03x | 0.00x | CA$-4.76 Million |
| 2018 | -224.34% | -36235.89% | 0.00x | 2.65x | CA$-1.35 Million |
| 2019 | -368.47% | -13235.35% | 0.02x | 1.77x | CA$-1.51 Million |
| 2020 | -97.35% | -1089.82% | 0.07x | 1.30x | CA$-1.10 Million |
| 2021 | -379.83% | -639.94% | 0.30x | 2.01x | CA$-1.70 Million |
| 2022 | -191.59% | -619.67% | 0.20x | 1.55x | CA$-1.86 Million |
Industry Comparison
This section compares CO2 Gro Inc's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $262,600,564
- Average return on equity (ROE) among peers: -34.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CO2 Gro Inc (GROW) | CA$237.38K | -95.42% | 1.99x | $1.41 Million |
| Itafos Corp (IFOS) | $1.46 Million | -75.11% | 3.87x | $449.58 Million |
| Karnalyte Resources Inc. (KRN) | $21.14 Million | -41.88% | 0.09x | $11.72 Million |
| Verde Agritech PLC (NPK) | $16.81 Million | -28.23% | 0.05x | $38.86 Million |
| Nutrien Ltd (NTR) | $1.01 Billion | 8.79% | 0.11x | $35.75 Billion |
About CO2 Gro Inc
CO2 Gro Inc., together with its subsidiaries, focuses on commercializing patent-licensed CO2 gas infusion technology and patent-pending US PTO CO2 delivery solutions system. The company operates in the United states and Canada. CO2 Gro Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.