Siyata Mobile Inc (SYTA) - Net Assets
Based on the latest financial reports, Siyata Mobile Inc (SYTA) has net assets worth $16.83 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.07 Million) and total liabilities ($3.24 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 asset resilience ratio of Siyata Mobile Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.83 Million |
| % of Total Assets | 83.86% |
| Annual Growth Rate | 8.53% |
| 5-Year Change | -81.57% |
| 10-Year Change | -11.52% |
| Growth Volatility | 748.65 |
Siyata Mobile Inc - Net Assets Trend (2001–2024)
This chart illustrates how Siyata Mobile Inc's net assets have evolved over time, based on quarterly financial data. Also explore SYTA total assets for the complete picture of this company's asset base.
Annual Net Assets for Siyata Mobile Inc (2001–2024)
The table below shows the annual net assets of Siyata Mobile Inc from 2001 to 2024. For live valuation and market cap data, see Siyata Mobile Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.92 Million | -59.61% |
| 2023-12-31 | $9.71 Million | +5.05% |
| 2022-12-31 | $9.24 Million | +271.60% |
| 2021-12-31 | $2.49 Million | -88.31% |
| 2020-12-31 | $21.28 Million | +151.68% |
| 2019-12-31 | $8.45 Million | +27.53% |
| 2018-12-31 | $6.63 Million | -43.03% |
| 2017-12-31 | $11.64 Million | +95.79% |
| 2016-12-31 | $5.94 Million | +34.11% |
| 2015-12-31 | $4.43 Million | +3399.68% |
| 2014-12-31 | $126.64K | +155.70% |
| 2013-12-31 | $-227.34K | -123.40% |
| 2012-12-31 | $971.45K | -60.00% |
| 2011-12-31 | $2.43 Million | +127.15% |
| 2010-12-31 | $1.07 Million | +9.35% |
| 2009-12-31 | $977.68K | +993.47% |
| 2008-12-31 | $89.41K | -76.56% |
| 2007-12-31 | $381.42K | -62.85% |
| 2006-12-31 | $1.03 Million | +101.09% |
| 2005-12-31 | $510.50K | +158.03% |
| 2004-12-31 | $197.85K | +1023.29% |
| 2003-12-31 | $-21.43K | -160.38% |
| 2002-12-31 | $35.49K | -94.05% |
| 2001-12-31 | $596.40K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Siyata Mobile 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 11259319075.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $104.92 Million | 2675.56% |
| Other Comprehensive Income | $15.03 Million | 383.20% |
| Total Equity | $3.92 Million | 100.00% |
Siyata Mobile Inc Competitors by Market Cap
The table below lists competitors of Siyata Mobile Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SVOA Public Company Limited
BK:SVOA
|
$38.03 Million |
|
Summa Silver Corp
V:SSVR
|
$38.04 Million |
|
Logah Technology Corp
TW:3593
|
$38.04 Million |
|
Uni Chem
KO:011330
|
$38.05 Million |
|
S. Khonkaen Foods Public Company Limited
BK:SORKON
|
$38.02 Million |
|
AlphaTime Acquisition Corp Ordinary Shares
NASDAQ:ATMC
|
$38.02 Million |
|
Incannex Healthcare Ltd ADR
NASDAQ:IXHL
|
$38.01 Million |
|
Red Metal Ltd
AU:RDM
|
$37.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siyata Mobile Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,707,340 to 3,921,271, a change of -5,786,069 (-59.6%).
- Net loss of 25,270,714 reduced equity.
- Share repurchases of 353,000 reduced equity.
- Other comprehensive income increased equity by 283,301.
- Other factors increased equity by 19,554,344.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-25.27 Million | -644.45% |
| Share Repurchases | $353.00K | -9.0% |
| Other Comprehensive Income | $283.30K | +7.22% |
| Other Changes | $19.55 Million | +498.67% |
| Total Change | $- | -59.61% |
Book Value vs Market Value Analysis
This analysis compares Siyata Mobile 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: 0.03x
- 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 |
|---|---|---|---|
| 2001-12-31 | $59640.40 | $3.07 | x |
| 2002-12-31 | $1144.84 | $3.07 | x |
| 2003-12-31 | $-510.21 | $3.07 | x |
| 2004-12-31 | $1958.88 | $3.07 | x |
| 2005-12-31 | $3426.18 | $3.07 | x |
| 2006-12-31 | $6038.69 | $3.07 | x |
| 2007-12-31 | $446.10 | $3.07 | x |
| 2008-12-31 | $519.83 | $3.07 | x |
| 2009-12-31 | $1175.10 | $3.07 | x |
| 2010-12-31 | $933.71 | $3.07 | x |
| 2011-12-31 | $1465.56 | $3.07 | x |
| 2012-12-31 | $443.99 | $3.07 | x |
| 2013-12-31 | $-104.33 | $3.07 | x |
| 2014-12-31 | $8.27 | $3.07 | x |
| 2015-12-31 | $9848.64 | $3.07 | x |
| 2016-12-31 | $5154.95 | $3.07 | x |
| 2017-12-31 | $8396.00 | $3.07 | x |
| 2018-12-31 | $4032.76 | $3.07 | x |
| 2019-12-31 | $4185.57 | $3.07 | x |
| 2020-12-31 | $5732.50 | $3.07 | x |
| 2021-12-31 | $205.12 | $3.07 | x |
| 2022-12-31 | $176.75 | $3.07 | x |
| 2023-12-31 | $3057.43 | $3.07 | x |
| 2024-12-31 | $95.99 | $3.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siyata Mobile 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): -644.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -217.30%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 3.80x
- Recent ROE (-644.45%) is below the historical average (-243.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -18.22% | 0.00% | 0.00x | 1.02x | $-168.31K |
| 2002 | -1910.53% | 0.00% | 0.00x | 2.57x | $-681.60K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-166.04K |
| 2004 | -71.93% | 0.00% | 0.00x | 1.09x | $-162.10K |
| 2005 | -26.72% | 0.00% | 0.00x | 1.14x | $-187.47K |
| 2006 | -58.44% | 0.00% | 0.00x | 1.18x | $-702.64K |
| 2007 | -220.67% | 0.00% | 0.00x | 2.24x | $-879.83K |
| 2008 | -247.13% | 0.00% | 0.00x | 7.81x | $-229.90K |
| 2009 | -49.21% | 0.00% | 0.00x | 1.03x | $-578.89K |
| 2010 | -29.38% | 0.00% | 0.00x | 1.10x | $-421.00K |
| 2011 | -36.66% | 0.00% | 0.00x | 1.15x | $-1.13 Million |
| 2012 | -157.97% | 0.00% | 0.00x | 1.92x | $-1.63 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.11 Million |
| 2014 | -689.40% | 0.00% | 0.00x | 1.18x | $-885.69K |
| 2015 | -51.15% | -31.73% | 1.13x | 1.42x | $-2.71 Million |
| 2016 | -27.07% | -17.55% | 1.13x | 1.37x | $-2.20 Million |
| 2017 | -34.57% | -28.49% | 0.81x | 1.50x | $-5.19 Million |
| 2018 | -127.66% | -81.07% | 0.80x | 1.97x | $-9.13 Million |
| 2019 | -103.29% | -87.61% | 0.62x | 1.90x | $-9.58 Million |
| 2020 | -72.07% | -256.03% | 0.19x | 1.46x | $-17.46 Million |
| 2021 | -1018.00% | -335.49% | 0.63x | 4.85x | $-25.56 Million |
| 2022 | -107.55% | -153.32% | 0.40x | 1.75x | $-10.86 Million |
| 2023 | -133.22% | -157.07% | 0.53x | 1.60x | $-13.90 Million |
| 2024 | -644.45% | -217.30% | 0.78x | 3.80x | $-25.66 Million |
Industry Comparison
This section compares Siyata Mobile Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $185,684,729
- Average return on equity (ROE) among peers: -257.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siyata Mobile Inc (SYTA) | $16.83 Million | -18.22% | 0.19x | $38.03 Million |
| Applied Opt (AAOI) | $229.11 Million | -81.50% | 1.39x | $2.97 Billion |
| ADTRAN Inc (ADTN) | $479.52 Million | 7.35% | 0.39x | $829.20 Million |
| Airgain Inc (AIRG) | $3.05 Million | 117.49% | 1.86x | $58.36 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $86.24 Million | -73.70% | 0.73x | $138.60K |
| Amplitech Group Inc (AMPG) | $91.07K | -845.48% | 3.88x | $51.62 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $725.26K |
| Ast Spacemobile Inc (ASTS) | $669.15 Million | -44.85% | 0.43x | $19.68 Billion |
| Aviat Networks Inc (AVNW) | $111.90 Million | -45.67% | 1.26x | $274.17 Million |
| Belden Inc (BDC) | $244.90 Million | 16.54% | 1.06x | $4.49 Billion |
| BK Technologies Inc (BKTI) | $32.50 Million | -3.38% | 1.43x | $295.52 Million |
About Siyata Mobile Inc
Siyata Mobile Inc. develops and publishes AI based mobile games worldwide. The company is based in Wilmington, Delaware.