Data Storage Corp
Data Storage Corporation provides enterprise cloud and business continuity solutions in the United States and internationally. The company operates through three segments: CloudFirst, CloudFirst Europe, and Nexxis. It offers fully managed cloud hosting services for IBM Power systems, such as IBM i and AIX, as well as x86 environments; cloud solutions, including migration services to ensure seamle… Read more
Data Storage Corp (DTST) - Net Assets
Latest net assets as of September 2025: $39.26 Million USD
Based on the latest financial reports, Data Storage Corp (DTST) has net assets worth $39.26 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 ($47.68 Million) and total liabilities ($8.41 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 | $39.26 Million |
| % of Total Assets | 82.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1002.16% |
| 10-Year Change | N/A |
| Growth Volatility | 342.8 |
Data Storage Corp - Net Assets Trend (2007–2024)
This chart illustrates how Data Storage 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 Data Storage Corp (2007–2024)
The table below shows the annual net assets of Data Storage Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.17 Million | +7.18% |
| 2023-12-31 | $19.75 Million | +4.26% |
| 2022-12-31 | $18.95 Million | -16.22% |
| 2021-12-31 | $22.61 Million | +1077.26% |
| 2020-12-31 | $1.92 Million | +11.16% |
| 2019-12-31 | $1.73 Million | -2.72% |
| 2018-12-31 | $1.78 Million | +12.52% |
| 2017-12-31 | $1.58 Million | -8.76% |
| 2016-12-31 | $1.73 Million | +198.84% |
| 2015-12-31 | $-1.75 Million | -61.08% |
| 2014-12-31 | $-1.09 Million | -126.62% |
| 2013-12-31 | $-479.57K | -489.45% |
| 2012-12-31 | $123.14K | -89.20% |
| 2011-12-31 | $1.14 Million | +92.94% |
| 2010-12-31 | $590.75K | +947.00% |
| 2009-12-31 | $-69.75K | -112.16% |
| 2008-12-31 | $573.68K | +140.51% |
| 2007-12-31 | $-1.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Data Storage 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 1575238700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.04K | 0.03% |
| Other Comprehensive Income | $-23.21K | -0.11% |
| Other Components | $40.42 Million | 188.70% |
| Total Equity | $21.42 Million | 100.00% |
Data Storage Corp Competitors by Market Cap
The table below lists competitors of Data Storage Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliance Entertainment Holding Corporation Class A Common Stock
NASDAQ:AENT
|
$22.03 Million |
|
Acrinova AB
ST:ACRI-A
|
$22.03 Million |
|
Imotrust SA
RO:ARCV
|
$22.03 Million |
|
Precision Optics Corporation, Inc. Common stock
NASDAQ:POCI
|
$22.03 Million |
|
Williams Grand Prix Holdings PLC
F:WGF1
|
$22.02 Million |
|
Metalpha Technology Holding Limited
NASDAQ:MATH
|
$22.02 Million |
|
Snow Lake Resources Ltd
NASDAQ:LITM
|
$22.01 Million |
|
Leatt Corp
OTCQB:LEAT
|
$22.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Data Storage Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,991,363 to 21,419,055, a change of 1,427,692 (7.1%).
- Net income of 523,214 contributed positively to equity growth.
- Other comprehensive income decreased equity by 23,214.
- Other factors increased equity by 927,692.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $523.21K | +2.44% |
| Other Comprehensive Income | $-23.21K | -0.11% |
| Other Changes | $927.69K | +4.33% |
| Total Change | $- | 7.14% |
Book Value vs Market Value Analysis
This analysis compares Data Storage 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $-43.90 | $4.02 | x |
| 2008-12-31 | $5.02 | $4.02 | x |
| 2009-12-31 | $-0.22 | $4.02 | x |
| 2010-12-31 | $1.52 | $4.02 | x |
| 2011-12-31 | $2.10 | $4.02 | x |
| 2012-12-31 | $0.16 | $4.02 | x |
| 2013-12-31 | $-0.58 | $4.02 | x |
| 2014-12-31 | $-1.20 | $4.02 | x |
| 2015-12-31 | $-1.91 | $4.02 | x |
| 2016-12-31 | $1.30 | $4.02 | x |
| 2017-12-31 | $0.49 | $4.02 | x |
| 2018-12-31 | $0.55 | $4.02 | x |
| 2019-12-31 | $0.56 | $4.02 | x |
| 2020-12-31 | $0.60 | $4.02 | x |
| 2021-12-31 | $3.58 | $4.02 | x |
| 2022-12-31 | $2.82 | $4.02 | x |
| 2023-12-31 | $2.77 | $4.02 | x |
| 2024-12-31 | $2.92 | $4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Data Storage 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): 2.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.06%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.18x
- Recent ROE (2.44%) is above the historical average (-144.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | -36.59% | 1.42x | 0.00x | $-102.89K |
| 2008 | -93.77% | -85.43% | 0.72x | 1.53x | $-595.33K |
| 2009 | 0.00% | -179.44% | 0.85x | 0.00x | $-1.04 Million |
| 2010 | -304.52% | -71.55% | 0.52x | 8.14x | $-1.86 Million |
| 2011 | -245.98% | -71.15% | 0.74x | 4.66x | $-2.92 Million |
| 2012 | -1874.30% | -57.44% | 0.76x | 43.20x | $-2.32 Million |
| 2013 | 0.00% | -21.52% | 1.00x | 0.00x | $-936.80K |
| 2014 | 0.00% | -16.45% | 1.06x | 0.00x | $-551.57K |
| 2015 | 0.00% | -17.40% | 1.18x | 0.00x | $-519.28K |
| 2016 | -51.63% | -20.37% | 0.75x | 3.38x | $-1.07 Million |
| 2017 | -11.63% | -2.23% | 1.29x | 4.04x | $-342.40K |
| 2018 | 14.40% | 2.92% | 1.45x | 3.41x | $79.40K |
| 2019 | -5.99% | -1.27% | 1.16x | 4.09x | $-287.21K |
| 2020 | -16.15% | -3.49% | 1.20x | 3.85x | $-527.15K |
| 2021 | 1.18% | 1.80% | 0.56x | 1.16x | $-2.00 Million |
| 2022 | -22.81% | -18.25% | 0.99x | 1.26x | $-6.27 Million |
| 2023 | 1.91% | 1.53% | 1.07x | 1.17x | $-1.62 Million |
| 2024 | 2.44% | 2.06% | 1.00x | 1.18x | $-1.62 Million |
Industry Comparison
This section compares Data Storage Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Data Storage Corp (DTST) | $39.26 Million | 0.00% | 0.21x | $22.02 Million |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |