MTEMQ
Molecular Templates, Inc., a clinical stage biopharmaceutical company, focuses on the discovery and development of biologic therapeutics for the treatment of cancer and other serious diseases in the United States. The company develops therapies through its proprietary biologic drug platform technology (ETB). It is also developing MT- 8421, an ETB candidate that is in Phase I clinical trial for th… Read more
MTEMQ (MTEMQ) - Net Assets
Latest net assets as of June 2024: $7.11 Million USD
Based on the latest financial reports, MTEMQ (MTEMQ) has net assets worth $7.11 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.70 Million) and total liabilities ($19.59 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 | $7.11 Million |
| % of Total Assets | 26.64% |
| Annual Growth Rate | -58.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 66.85 |
MTEMQ - Net Assets Trend (2020–2023)
This chart illustrates how MTEMQ's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MTEMQ (2020–2023)
The table below shows the annual net assets of MTEMQ from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $4.21 Million | +127.84% |
| 2022-12-31 | $-15.13 Million | -123.05% |
| 2021-12-31 | $65.66 Million | +10.65% |
| 2020-12-31 | $59.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MTEMQ'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 18385100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $457.10 Million | 10852.42% |
| Total Equity | $4.21 Million | 100.00% |
MTEMQ Competitors by Market Cap
The table below lists competitors of MTEMQ ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
StarTronix International Inc
OTCGREY:STNX
|
$0.97 |
|
Kiley Group Inc.
PINK:KGRI
|
$0.97 |
|
GainClients Inc
PINK:GCLT
|
$0.97 |
|
Sun Tzu Corporation
PINK:STZU
|
$0.97 |
|
SES Solar Inc
PINK:SESI
|
$0.97 |
|
Nexis International Industries Inc
PINK:NXSI
|
$0.97 |
|
Media Way Corp
PINK:MDAW
|
$0.97 |
|
Protek Capital Inc.
PINK:PRPM
|
$0.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MTEMQ's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -15,132,000 to 4,212,000, a change of 19,344,000.
- Net loss of 8,124,000 reduced equity.
- New share issuances of 18,383,000 increased equity.
- Other factors increased equity by 9,085,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.12 Million | -192.88% |
| Share Issuances | $18.38 Million | +436.44% |
| Other Changes | $9.09 Million | +215.69% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares MTEMQ'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 |
|---|---|---|---|
| 2020-12-31 | $17.81 | $0.00 | x |
| 2021-12-31 | $17.49 | $0.00 | x |
| 2022-12-31 | $-4.03 | $0.00 | x |
| 2023-12-31 | $0.78 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MTEMQ 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): -192.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.44%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 8.40x
- Recent ROE (-192.88%) is below the historical average (-124.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -176.80% | -671.03% | 0.11x | 2.36x | $-110.85 Million |
| 2021 | -126.42% | -214.51% | 0.20x | 2.93x | $-89.58 Million |
| 2022 | 0.00% | -469.36% | 0.20x | 0.00x | $-91.20 Million |
| 2023 | -192.88% | -15.44% | 1.49x | 8.40x | $-8.55 Million |
Industry Comparison
This section compares MTEMQ's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $59,082,939
- Average return on equity (ROE) among peers: -341.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MTEMQ (MTEMQ) | $7.11 Million | -176.80% | 2.75x | $0.97 |
| Aadi Bioscience Inc (AADI) | $-124.24K | 0.00% | 0.00x | $17.03 Million |
| America Great Health (AAGH) | $-992.37K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $70.63 Million | -1310.51% | 34.40x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $59.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $196.01 Million | -75.37% | 0.67x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $10.25 Million | -21.57% | 1.29x | $738.02 Million |
| Abeona Therapeutics Inc (ABEO) | $489.00K | -1919.02% | 38.85x | $202.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $188.78 Million | -22.70% | 0.04x | $108.65 Million |
| Abpro Holdings, Inc. (ABP) | $-22.46 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $176.18 Million | -62.76% | 0.23x | $345.85 Million |