TRUBAR Inc.
TRUBAR Inc. operates as a consumer products company with diversified assets in the plant-based and wellness consumer product categories in Canada. The company offers protein and nutritious bars under the Tru and TRUBAR brands through online in the U.S. and Canada, as well as through retailers; and skin care products under the No BS brand. The company was formerly known as Simply Better Brands Cor… Read more
TRUBAR Inc. (TRBR) - Net Assets
Latest net assets as of March 2025: CA$7.07 Million CAD
Based on the latest financial reports, TRUBAR Inc. (TRBR) has net assets worth CA$7.07 Million CAD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$20.44 Million) and total liabilities (CA$13.36 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$7.07 Million |
| % of Total Assets | 34.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
TRUBAR Inc. - Net Assets Trend (2021–2024)
This chart illustrates how TRUBAR 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 TRUBAR Inc. (2021–2024)
The table below shows the annual net assets of TRUBAR Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.28 Million | +116.76% |
| 2023-12-31 | CA$-7.64 Million | -168.58% |
| 2022-12-31 | CA$11.14 Million | +642.16% |
| 2021-12-31 | CA$-2.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TRUBAR 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 3801484800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$66.94 Million | 4054.29% |
| Total Equity | CA$1.65 Million | 100.00% |
TRUBAR Inc. Competitors by Market Cap
The table below lists competitors of TRUBAR Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Euroapi SAS
PA:EAPI
|
$65.19 Million |
|
Freedom Bank of Virginia
OTCQX:FDVA
|
$65.19 Million |
|
AS HARJU ELEKTER EO 063
F:HD8
|
$65.20 Million |
|
Columbus Acquisition Corp Ordinary Shares
NASDAQ:COLA
|
$65.20 Million |
|
United Radiant Technology
TWO:5315
|
$65.18 Million |
|
Killbuck Bancshares Inc
PINK:KLIB
|
$65.17 Million |
|
Antony Waste Handling Cell Limited
NSE:AWHCL
|
$65.17 Million |
|
Community Heritage Financial Inc
PINK:CMHF
|
$65.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRUBAR Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,626,709 to 1,650,974, a change of 5,277,683.
- Net loss of 377,013 reduced equity.
- New share issuances of 2,718,262 increased equity.
- Other factors increased equity by 2,936,434.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-377.01K | -22.84% |
| Share Issuances | CA$2.72 Million | +164.65% |
| Other Changes | CA$2.94 Million | +177.86% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares TRUBAR 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: 93.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$-0.02 | CA$1.64 | x |
| 2022-12-31 | CA$0.30 | CA$1.64 | x |
| 2023-12-31 | CA$-0.05 | CA$1.64 | x |
| 2024-12-31 | CA$0.02 | CA$1.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRUBAR Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.83%
- • Asset Turnover: 1.76x
- • Equity Multiplier: 15.58x
- Recent ROE (-22.84%) is above the historical average (-30.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -82.07% | 0.72x | 0.00x | CA$-12.76 Million |
| 2022 | -98.06% | -18.88% | 1.79x | 2.91x | CA$-13.61 Million |
| 2023 | 0.00% | -90.60% | 1.37x | 0.00x | CA$-23.89 Million |
| 2024 | -22.84% | -0.83% | 1.76x | 15.58x | CA$-542.11K |
Industry Comparison
This section compares TRUBAR Inc.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $559,988
- Average return on equity (ROE) among peers: -24.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TRUBAR Inc. (TRBR) | CA$7.07 Million | 0.00% | 1.89x | $65.18 Million |
| Astron Connect Inc (AST) | $908.51K | -40.89% | 0.24x | $617.16K |
| Canyon Creek Food Company Ltd (CYF) | $-11.06 Million | 0.00% | 0.00x | $388.32K |
| Eshbal Functional Food Inc. (ESBL) | $2.57 Million | 12.20% | 3.13x | $2.78 Million |
| The Fresh Factory B.C. Ltd. (FRSH) | $9.83 Million | -68.13% | 0.42x | $49.26K |