Presto Automation Inc. (PRST) - Net Assets
Based on the latest financial reports, Presto Automation Inc. (PRST) has net assets worth $-58.17 Million USD as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.43 Million) and total liabilities ($78.60 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. Check tangible net worth ratio of Presto Automation Inc. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-58.17 Million |
| % of Total Assets | -284.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Presto Automation Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Presto Automation Inc.'s net assets have evolved over time, based on quarterly financial data. See Presto Automation Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Presto Automation Inc. (2020–2023)
The table below shows the annual net assets of Presto Automation Inc. from 2020 to 2023. For live valuation and market cap data, see PRST market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-45.23 Million | +63.07% |
| 2022-06-30 | $-122.46 Million | -74.89% |
| 2021-06-30 | $-70.02 Million | -233.74% |
| 2020-06-30 | $-20.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Presto Automation 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 14059600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00K | % |
| Other Components | $190.03 Million | % |
| Total Equity | $-45.23 Million | 100.00% |
Presto Automation Inc. Competitors by Market Cap
The table below lists competitors of Presto Automation Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
4by4 Inc
KQ:389140
|
$42.05K |
|
Indus Gas Limited
LSE:INDI
|
$42.30K |
|
BP PLC
F:BPE
|
$42.70K |
|
GREENHAWK RESOURCES INC.
F:2V70
|
$43.10K |
|
London & Associated Properties
LSE:LAS
|
$41.53K |
|
Hamak Gold Ltd
LSE:HAMA
|
$41.26K |
|
KCR Residential Reit PLC
LSE:KCR
|
$41.07K |
|
Ascent Resources plc
LSE:AST
|
$40.50K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Presto Automation Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -122,459,000 to -45,227,000, a change of 77,232,000.
- Net loss of 34,480,000 reduced equity.
- New share issuances of 9,846,000 increased equity.
- Other factors increased equity by 101,866,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.48 Million | -76.24% |
| Share Issuances | $9.85 Million | +21.77% |
| Other Changes | $101.87 Million | +225.23% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Presto Automation 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $-0.41 | $0.00 | x |
| 2021-06-30 | $-3.63 | $0.00 | x |
| 2022-06-30 | $-5.68 | $0.00 | x |
| 2023-06-30 | $-0.97 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Presto Automation 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -131.93%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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 | 0.00% | -110.69% | 0.41x | 0.00x | $-21.71 Million |
| 2021 | 0.00% | -166.50% | 0.43x | 0.00x | $-42.80 Million |
| 2022 | 0.00% | -185.54% | 0.99x | 0.00x | $-44.07 Million |
| 2023 | 0.00% | -131.93% | 0.56x | 0.00x | $-29.96 Million |
Industry Comparison
This section compares Presto Automation Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Presto Automation Inc. (PRST) | $-58.17 Million | 0.00% | N/A | $41.85K |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About Presto Automation Inc.
Presto Automation Inc. engages in the provision of artificial intelligence (AI) and automation solutions to the restaurant enterprise technology industry in the United States. The company offers Presto Voice, an AI solution to quick service restaurants that completes complex orders, including large orders with multiple menu modifications and add-ons, with limited on-site restaurant staff interven… Read more