Kubient Inc
Kubient, Inc. develops a cloud-based software platform for digital advertising industry. It develops Audience Marketplace, a platform for real-time trading of digital, programmatic advertising. The company's platform allows advertisers and publishers the ability to use machine learning during programmatic advertising inventory auction. The company was incorporated in 2017 and is based in New York… Read more
Kubient Inc (KBNT) - Net Assets
Latest net assets as of March 2023: $10.45 Million USD
Based on the latest financial reports, Kubient Inc (KBNT) has net assets worth $10.45 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.25 Million) and total liabilities ($1.80 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 | $10.45 Million |
| % of Total Assets | 85.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.82 |
Kubient Inc - Net Assets Trend (2018–2022)
This chart illustrates how Kubient 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 Kubient Inc (2018–2022)
The table below shows the annual net assets of Kubient Inc from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $12.80 Million | -49.69% |
| 2021-12-31 | $25.45 Million | +3.96% |
| 2020-12-31 | $24.48 Million | +585.68% |
| 2019-12-31 | $-5.04 Million | -224.58% |
| 2018-12-31 | $-1.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kubient 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 3593013000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $145.00 | 0.00% |
| Other Components | $53.00 Million | 413.96% |
| Total Equity | $12.80 Million | 100.00% |
Kubient Inc Competitors by Market Cap
The table below lists competitors of Kubient Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENL LIMITED
SEM:ENLG
|
$1.10K |
|
EXULTANT FPO [10X]
AU:10X
|
$1.10K |
|
CENTUM INVESTMENT COMPANY PLC
XNAI:CENTUM
|
$1.10K |
|
EXCELSIOR MNG (3XS.SG)
STU:3XS
|
$1.11K |
|
Silver Scott Mines Inc
PINK:SILS
|
$1.10K |
|
ADDvise Group AB BTA B
ST:ADDV-BTA-B
|
$1.10K |
|
AVLL3F
SA:AVLL3F
|
$1.10K |
|
International Biotechnology Trust plc
LSE:IBT
|
$1.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kubient Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 25,450,260 to 12,804,438, a change of -12,645,822 (-49.7%).
- Net loss of 13,619,884 reduced equity.
- Other factors increased equity by 974,062.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.62 Million | -106.37% |
| Other Changes | $974.06K | +7.61% |
| Total Change | $- | -49.69% |
Book Value vs Market Value Analysis
This analysis compares Kubient 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: 0.00x
- 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 |
|---|---|---|---|
| 2018-12-31 | $-0.20 | $0.00 | x |
| 2019-12-31 | $-0.66 | $0.00 | x |
| 2020-12-31 | $4.72 | $0.00 | x |
| 2021-12-31 | $1.86 | $0.00 | x |
| 2022-12-31 | $0.89 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kubient 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): -106.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -566.69%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.19x
- Recent ROE (-106.37%) is below the historical average (-35.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -3504.07% | 0.28x | 0.00x | $-3.57 Million |
| 2019 | 0.00% | -2789.29% | 0.38x | 0.00x | $-4.45 Million |
| 2020 | -31.27% | -263.99% | 0.11x | 1.12x | $-10.10 Million |
| 2021 | -40.47% | -376.23% | 0.09x | 1.24x | $-12.85 Million |
| 2022 | -106.37% | -566.69% | 0.16x | 1.19x | $-14.90 Million |
Industry Comparison
This section compares Kubient Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kubient Inc (KBNT) | $10.45 Million | 0.00% | 0.17x | $1.10K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |