Crown Electrokinetics Corp.
Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It operates in two segments, Electrokinetic Film Technology and Fiber Optics. The company offers DynamicTint technology, which allows transition between clear and dark in seconds that can be applied to a wide array of windows, including commercial buildings, automotive sunroofs, residential skylight, and … Read more
Crown Electrokinetics Corp. (CRKN) - Net Assets
Latest net assets as of September 2024: $9.92 Million USD
Based on the latest financial reports, Crown Electrokinetics Corp. (CRKN) has net assets worth $9.92 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.62 Million) and total liabilities ($7.70 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 | $9.92 Million |
| % of Total Assets | 56.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 438.28 |
Crown Electrokinetics Corp. - Net Assets Trend (2016–2023)
This chart illustrates how Crown Electrokinetics Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Crown Electrokinetics Corp. (2016–2023)
The table below shows the annual net assets of Crown Electrokinetics Corp. from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $4.68 Million | +782.45% |
| 2022-12-31 | $530.00K | -94.10% |
| 2021-12-31 | $8.99 Million | +229.13% |
| 2020-12-31 | $-6.96 Million | -105.04% |
| 2019-12-31 | $-3.39 Million | 0.00% |
| 2018-12-31 | $-3.39 Million | -576.56% |
| 2017-12-31 | $-501.75K | -972.12% |
| 2016-12-31 | $-46.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crown Electrokinetics 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 11565658000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.00K | 0.15% |
| Other Components | $121.67 Million | 2601.35% |
| Total Equity | $4.68 Million | 100.00% |
Crown Electrokinetics Corp. Competitors by Market Cap
The table below lists competitors of Crown Electrokinetics Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUNRISE RESOURCES LS-001
F:S4D
|
$1.86 Million |
|
Clearside Biomedical Inc
NASDAQ:CLSD
|
$1.86 Million |
|
Nakoda Group of Industries Limited
NSE:NGIL
|
$1.86 Million |
|
PDZ Holdings Bhd
KLSE:6254
|
$1.86 Million |
|
UNIV HEALTH SERV-B
BE:UHS
|
$1.86 Million |
|
Siamraj Public Company Limited
BK:SR
|
$1.86 Million |
|
Yaprak Sut ve Besi Ciftlikleri Sanayi ve Ticaret AS
IS:YAPRK
|
$1.86 Million |
|
Stuve Gold Corp
V:STUV
|
$1.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crown Electrokinetics Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 530,000 to 4,677,000, a change of 4,147,000 (782.5%).
- Net loss of 28,984,000 reduced equity.
- New share issuances of 15,963,000 increased equity.
- Other factors increased equity by 17,168,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.98 Million | -619.71% |
| Share Issuances | $15.96 Million | +341.31% |
| Other Changes | $17.17 Million | +367.07% |
| Total Change | $- | 782.45% |
Book Value vs Market Value Analysis
This analysis compares Crown Electrokinetics 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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.00 | $2.09 | x |
| 2017-12-31 | $-10.13 | $2.09 | x |
| 2018-12-31 | $-0.41 | $2.09 | x |
| 2019-12-31 | $-0.41 | $2.09 | x |
| 2020-12-31 | $-47.18 | $2.09 | x |
| 2022-12-31 | $2.00 | $2.09 | x |
| 2023-12-31 | $129.22 | $2.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crown Electrokinetics 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): -619.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18943.79%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.04x
- Recent ROE (-619.71%) is below the historical average (-468.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.23 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.16 Million |
| 2018 | 0.00% | -851.00% | 0.75x | 0.00x | $-3.96 Million |
| 2019 | 0.00% | -851.00% | 0.75x | 0.00x | $-3.96 Million |
| 2020 | 0.00% | -40755.13% | 0.26x | 0.00x | $-40.06 Million |
| 2021 | -413.43% | 0.00% | 0.00x | 1.07x | $-38.06 Million |
| 2022 | -2711.32% | -24355.93% | 0.01x | 12.43x | $-14.42 Million |
| 2023 | -619.71% | -18943.79% | 0.02x | 2.04x | $-29.45 Million |
Industry Comparison
This section compares Crown Electrokinetics Corp.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crown Electrokinetics Corp. (CRKN) | $9.92 Million | 0.00% | 0.78x | $1.86 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |