Lifeist Wellness Inc (LFST) - Net Assets
Based on the latest financial reports, Lifeist Wellness Inc (LFST) has net assets worth CA$1.29 Million CAD (≈ $932.08K USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.00 Million ≈ $1.44 Million USD) and total liabilities (CA$708.54K ≈ $512.54K 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 LFST tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.29 Million |
| % of Total Assets | 64.52% |
| Annual Growth Rate | -37.08% |
| 5-Year Change | -85.95% |
| 10-Year Change | N/A |
| Growth Volatility | 30.33 |
Lifeist Wellness Inc - Net Assets Trend (2018–2024)
This chart illustrates how Lifeist Wellness Inc's net assets have evolved over time, based on quarterly financial data. See LFST defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lifeist Wellness Inc (2018–2024)
The table below shows the annual net assets of Lifeist Wellness Inc from 2018 to 2024. For live valuation and market cap data, see LFST stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$4.07 Million ≈ $2.95 Million |
+17.75% |
| 2023-11-30 | CA$3.46 Million ≈ $2.50 Million |
-74.12% |
| 2022-11-30 | CA$13.36 Million ≈ $9.67 Million |
-48.72% |
| 2021-11-30 | CA$26.06 Million ≈ $18.85 Million |
-10.09% |
| 2020-11-30 | CA$28.99 Million ≈ $20.97 Million |
-48.03% |
| 2019-11-30 | CA$55.78 Million ≈ $40.35 Million |
-15.10% |
| 2018-11-30 | CA$65.70 Million ≈ $47.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lifeist Wellness 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 14886287400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$216.02 Million | 5304.39% |
| Total Equity | CA$4.07 Million | 100.00% |
Lifeist Wellness Inc Competitors by Market Cap
The table below lists competitors of Lifeist Wellness Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hydro Exploitations SA
PA:MLHYE
|
$1.33 Million |
|
Univa Foods Limited
NSE:UNIVAFOODS
|
$1.33 Million |
|
LIQUID AVATAR TECHNO.INC.
F:4T5
|
$1.33 Million |
|
India Capital Growth Fund
LSE:IGC
|
$1.33 Million |
|
MUZHU MINING LTD
F:Y33
|
$1.32 Million |
|
CJ Seafood Corp. Pfd. Series 1
KO:011155
|
$1.32 Million |
|
Nextgen
TA:NXGN
|
$1.32 Million |
|
Arctic Blue Beverages AB
ST:ARCTIC
|
$1.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lifeist Wellness Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,458,456 to 4,072,488, a change of 614,032 (17.8%).
- Net loss of 1,445,558 reduced equity.
- Other factors increased equity by 2,059,590.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.45 Million | -35.5% |
| Other Changes | CA$2.06 Million | +50.57% |
| Total Change | CA$- | 17.75% |
Book Value vs Market Value Analysis
This analysis compares Lifeist Wellness 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: 0.51x
- 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.
- The price-to-book ratio has increased from 0.24x to 0.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-11-30 | CA$0.23 | CA$0.06 | x |
| 2019-11-30 | CA$0.17 | CA$0.06 | x |
| 2020-11-30 | CA$0.09 | CA$0.06 | x |
| 2021-11-30 | CA$0.06 | CA$0.06 | x |
| 2022-11-30 | CA$0.64 | CA$0.06 | x |
| 2023-11-30 | CA$0.12 | CA$0.06 | x |
| 2024-11-30 | CA$0.11 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lifeist Wellness Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -245.51%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.26x
- Recent ROE (-35.50%) is above the historical average (-126.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -35.34% | -125.11% | 0.26x | 1.08x | CA$-29.79 Million |
| 2019 | -113.08% | -386.57% | 0.24x | 1.21x | CA$-68.75 Million |
| 2020 | -89.73% | -104.56% | 0.64x | 1.34x | CA$-29.17 Million |
| 2021 | -91.32% | -104.30% | 0.60x | 1.46x | CA$-26.41 Million |
| 2022 | -115.50% | -69.94% | 1.07x | 1.55x | CA$-16.77 Million |
| 2023 | -408.44% | -1034.86% | 0.10x | 3.87x | CA$-14.47 Million |
| 2024 | -35.50% | -245.51% | 0.11x | 1.26x | CA$-1.85 Million |
Industry Comparison
This section compares Lifeist Wellness Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $185,660,030
- Average return on equity (ROE) among peers: -28.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lifeist Wellness Inc (LFST) | CA$1.29 Million | -35.34% | 0.55x | $1.33 Million |
| Astron Connect Inc (AST) | $1.84 Million | -70.73% | 0.38x | $656.93K |
| Else Nutrition Holdings Inc (BABY) | $3.66 Million | -147.02% | 0.24x | $676.57K |
| BioNeutra Global Corp (BGA) | $-1.03 Million | 0.00% | 0.00x | $1.01 Million |
| Burcon NutraScience Corporation (BU) | $5.79 Million | -113.60% | 0.16x | $20.57 Million |
| Canyon Creek Food Company Ltd (CYF) | $-27.10 Million | 0.00% | 0.00x | $702.98K |
| High Liner Foods Incorporated (HLF) | $200.52 Million | 14.75% | 2.46x | $307.04 Million |
| Inter Rock Minerals Inc (IRO) | $5.57 Million | 29.32% | 2.38x | $16.48 Million |
| Jamieson Wellness Inc (JWEL) | $240.72 Million | 11.08% | 1.28x | $1.12 Billion |
| Maple Leaf Foods Inc. (MFI) | $1.24 Billion | 16.69% | 1.42x | $2.77 Billion |
About Lifeist Wellness Inc
Lifeist Wellness Inc. operates as a wellness company in North America. It offers cannabis and cannabis related products; and supplies hardware, including vaporizers, glassware and accessories, and nutraceutical products, as well as engages in the biosciences and consumer wellness business. The company was formerly known as Namaste Technologies Inc. and changed its name to Lifeist Wellness Inc. in… Read more