Widepoint C
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe. It offers TMaaS solutions through a secure federal government certified proprietary portal and through a secure enterprise portal that provides customers with the ability to manage, analyze, and protect communications assets, as well as deploy ident… Read more
Widepoint C (WYY) - Net Assets
Latest net assets as of September 2025: $12.16 Million USD
Based on the latest financial reports, Widepoint C (WYY) has net assets worth $12.16 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 ($70.58 Million) and total liabilities ($58.42 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 | $12.16 Million |
| % of Total Assets | 17.23% |
| Annual Growth Rate | 1.3% |
| 5-Year Change | -66.51% |
| 10-Year Change | -57.81% |
| Growth Volatility | 63.21 |
Widepoint C - Net Assets Trend (1997–2024)
This chart illustrates how Widepoint C's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Widepoint C (1997–2024)
The table below shows the annual net assets of Widepoint C from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.58 Million | -7.48% |
| 2023-12-31 | $14.68 Million | -17.32% |
| 2022-12-31 | $17.75 Million | -57.41% |
| 2021-12-31 | $41.68 Million | +2.77% |
| 2020-12-31 | $40.55 Million | +62.60% |
| 2019-12-31 | $24.94 Million | +2.14% |
| 2018-12-31 | $24.42 Million | -3.15% |
| 2017-12-31 | $25.21 Million | -10.84% |
| 2016-12-31 | $28.28 Million | -12.16% |
| 2015-12-31 | $32.19 Million | -12.48% |
| 2014-12-31 | $36.78 Million | +63.35% |
| 2013-12-31 | $22.52 Million | -5.94% |
| 2012-12-31 | $23.94 Million | +4.82% |
| 2011-12-31 | $22.84 Million | +3.72% |
| 2010-12-31 | $22.02 Million | +48.97% |
| 2009-12-31 | $14.78 Million | +16.37% |
| 2008-12-31 | $12.70 Million | +70.17% |
| 2007-12-31 | $7.46 Million | -3.98% |
| 2006-12-31 | $7.77 Million | +2.40% |
| 2005-12-31 | $7.59 Million | +274.82% |
| 2004-12-31 | $2.03 Million | +72.44% |
| 2003-12-31 | $1.17 Million | -26.30% |
| 2002-12-31 | $1.59 Million | -1.11% |
| 2001-12-31 | $1.61 Million | -80.81% |
| 2000-12-31 | $8.40 Million | -43.26% |
| 1999-12-31 | $14.80 Million | -6.33% |
| 1998-12-31 | $15.80 Million | +64.95% |
| 1997-12-31 | $9.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Widepoint C'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 6336877200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.49K | 0.07% |
| Other Comprehensive Income | $-450.94K | -3.32% |
| Other Components | $103.10 Million | 759.23% |
| Total Equity | $13.58 Million | 100.00% |
Widepoint C Competitors by Market Cap
The table below lists competitors of Widepoint C ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MIRA Pharmaceuticals, Inc. Common Stock
NASDAQ:MIRA
|
$38.79 Million |
|
Pappajack Bhd
KLSE:0242
|
$38.79 Million |
|
Lumbee Guaranty Bank
OTCQX:LUMB
|
$38.80 Million |
|
Shin Nippon Biomedical Laboratories, Ltd.
PINK:SBLOF
|
$38.82 Million |
|
IMPACT Silver Corp.
PINK:ISVLF
|
$38.78 Million |
|
NEW STRATUS ENERGY
F:80N
|
$38.77 Million |
|
InnoTec TSS AG
F:TSS
|
$38.76 Million |
|
Footway Group AB Pfd.
ST:FOOT-PREF
|
$38.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Widepoint C's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,677,429 to 13,579,969, a change of -1,097,460 (-7.5%).
- Net loss of 1,934,279 reduced equity.
- Other comprehensive income decreased equity by 116,046.
- Other factors increased equity by 952,865.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.93 Million | -14.24% |
| Other Comprehensive Income | $-116.05K | -0.85% |
| Other Changes | $952.87K | +7.02% |
| Total Change | $- | -7.48% |
Book Value vs Market Value Analysis
This analysis compares Widepoint C'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: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.49x to 3.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $9.58 | $4.73 | x |
| 1998-12-31 | $14.85 | $4.73 | x |
| 1999-12-31 | $11.43 | $4.73 | x |
| 2000-12-31 | $6.47 | $4.73 | x |
| 2001-12-31 | $1.24 | $4.73 | x |
| 2002-12-31 | $1.12 | $4.73 | x |
| 2003-12-31 | $0.75 | $4.73 | x |
| 2004-12-31 | $1.22 | $4.73 | x |
| 2005-12-31 | $1.44 | $4.73 | x |
| 2006-12-31 | $1.71 | $4.73 | x |
| 2007-12-31 | $1.42 | $4.73 | x |
| 2008-12-31 | $2.24 | $4.73 | x |
| 2009-12-31 | $2.44 | $4.73 | x |
| 2010-12-31 | $3.50 | $4.73 | x |
| 2011-12-31 | $3.56 | $4.73 | x |
| 2012-12-31 | $3.75 | $4.73 | x |
| 2013-12-31 | $3.53 | $4.73 | x |
| 2014-12-31 | $5.03 | $4.73 | x |
| 2015-12-31 | $3.91 | $4.73 | x |
| 2016-12-31 | $3.42 | $4.73 | x |
| 2017-12-31 | $3.04 | $4.73 | x |
| 2018-12-31 | $2.93 | $4.73 | x |
| 2019-12-31 | $2.97 | $4.73 | x |
| 2020-12-31 | $4.71 | $4.73 | x |
| 2021-12-31 | $4.55 | $4.73 | x |
| 2022-12-31 | $2.03 | $4.73 | x |
| 2023-12-31 | $1.66 | $4.73 | x |
| 2024-12-31 | $1.46 | $4.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Widepoint C 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): -14.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.36%
- • Asset Turnover: 1.99x
- • Equity Multiplier: 5.27x
- Recent ROE (-14.24%) is above the historical average (-36.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -148.32% | -996.71% | 0.12x | 1.24x | $-15.16 Million |
| 1998 | -1.90% | -3.03% | 0.57x | 1.10x | $-1.88 Million |
| 1999 | -7.43% | -4.04% | 1.30x | 1.42x | $-2.58 Million |
| 2000 | -78.52% | -50.97% | 1.34x | 1.15x | $-7.43 Million |
| 2001 | -421.17% | -114.98% | 2.69x | 1.36x | $-6.95 Million |
| 2002 | -3.74% | -1.71% | 1.82x | 1.21x | $-218.95K |
| 2003 | -24.79% | -8.84% | 2.25x | 1.25x | $-408.52K |
| 2004 | -30.76% | -11.24% | 0.56x | 4.90x | $-825.46K |
| 2005 | -98.09% | -56.13% | 1.24x | 1.41x | $-8.20 Million |
| 2006 | -5.59% | -2.42% | 1.32x | 1.75x | $-1.21 Million |
| 2007 | -6.93% | -3.66% | 1.25x | 1.51x | $-1.26 Million |
| 2008 | -8.59% | -3.08% | 1.50x | 1.86x | $-2.36 Million |
| 2009 | 9.54% | 3.25% | 1.62x | 1.81x | $-67.41K |
| 2010 | 28.98% | 12.56% | 1.48x | 1.56x | $4.18 Million |
| 2011 | 1.08% | 0.60% | 0.98x | 1.85x | $-2.04 Million |
| 2012 | 3.48% | 1.49% | 1.41x | 1.65x | $-1.56 Million |
| 2013 | -7.53% | -3.62% | 1.30x | 1.60x | $-3.95 Million |
| 2014 | -22.84% | -15.76% | 0.99x | 1.47x | $-12.08 Million |
| 2015 | -16.98% | -7.72% | 1.39x | 1.58x | $-8.69 Million |
| 2016 | -14.62% | -5.27% | 1.66x | 1.67x | $-6.96 Million |
| 2017 | -14.02% | -4.66% | 1.65x | 1.82x | $-6.05 Million |
| 2018 | -5.97% | -1.74% | 1.78x | 1.93x | $-3.90 Million |
| 2019 | 0.91% | 0.22% | 1.58x | 2.58x | $-2.27 Million |
| 2020 | 25.46% | 5.72% | 1.78x | 2.50x | $6.27 Million |
| 2021 | 0.82% | 0.39% | 1.08x | 1.93x | $-3.83 Million |
| 2022 | -132.87% | -25.06% | 1.84x | 2.88x | $-25.36 Million |
| 2023 | -27.57% | -3.82% | 2.07x | 3.50x | $-5.51 Million |
| 2024 | -14.24% | -1.36% | 1.99x | 5.27x | $-3.29 Million |
Industry Comparison
This section compares Widepoint C's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,044,912,317
- Average return on equity (ROE) among peers: -2.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Widepoint C (WYY) | $12.16 Million | -148.32% | 4.80x | $38.78 Million |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $119.84 Billion |
| adesso SE (ADSGF) | $59.74 Million | 20.96% | 2.07x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $167.17K | -37.78% | 4.15x | $68.04 |
| Atos SE (AEXAF) | $3.80 Billion | -26.63% | 3.31x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $127.37 Million | -13.61% | 1.02x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $-155.90 Million | 0.00% | 0.00x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $3.80 Billion | 29.31% | 1.74x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.58 Million | 0.00% | 0.00x | $6.29 Billion |
| Amper S.A. (APMRF) | $65.48 Million | -7.22% | 4.48x | $216.95 Million |