ARHT Media Inc
ARHT Media Inc., together with its subsidiaries, provides a network of capture and display products worldwide. Its products include Capsule, a live hologram interaction tool with 3d animations; ARHT Show Window Max, holographic screen used as LCD Displays; ARHT Screen, a multiple size holographic displays; ARHT Virtual Global Stage, which allows multiple presenters to interact with one another on… Read more
ARHT Media Inc (ARHTF) - Net Assets
Latest net assets as of June 2024: $-5.01 Million USD
Based on the latest financial reports, ARHT Media Inc (ARHTF) has net assets worth $-5.01 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 ($2.99 Million) and total liabilities ($8.00 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 | $-5.01 Million |
| % of Total Assets | -167.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 708.64 |
ARHT Media Inc - Net Assets Trend (2013–2023)
This chart illustrates how ARHT Media 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 ARHT Media Inc (2013–2023)
The table below shows the annual net assets of ARHT Media Inc from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-2.60 Million | -133.22% |
| 2022-12-31 | $7.84 Million | +112.53% |
| 2021-12-31 | $3.69 Million | +343.09% |
| 2020-12-31 | $-1.52 Million | -140.39% |
| 2019-12-31 | $-631.07K | -10.68% |
| 2018-12-31 | $-570.17K | +84.12% |
| 2017-12-31 | $-3.59 Million | -274.15% |
| 2016-12-31 | $-959.73K | -1668.57% |
| 2015-12-31 | $61.19K | +148.18% |
| 2014-12-31 | $-126.99K | -122.86% |
| 2014-01-31 | $555.55K | +137.36% |
| 2013-12-31 | $-1.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ARHT Media 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 5606144600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $56.08 Million | % |
| Total Equity | $-2.60 Million | 100.00% |
ARHT Media Inc Competitors by Market Cap
The table below lists competitors of ARHT Media Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HIKARI TSUSHIN
MU:HIK
|
$2.35 Million |
|
Wästbygg Gruppen AB (publ)
ST:WBGR-B
|
$2.35 Million |
|
Duta Anggada Realty Tbk
JK:DART
|
$2.35 Million |
|
Lanesborough Real Estate Investment Trust
V:LRT-UN
|
$2.35 Million |
|
Arcadia Biosciences Inc
NASDAQ:RKDA
|
$2.35 Million |
|
AKS Corporation Public Company Limited
BK:AKS
|
$2.35 Million |
|
XP Chemistries AB
ST:XPC
|
$2.35 Million |
|
Nl Development Public Company Limited
BK:NL
|
$2.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ARHT Media Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,837,397 to -2,603,551, a change of -10,440,948 (-133.2%).
- Net loss of 11,260,781 reduced equity.
- Other factors increased equity by 819,833.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.26 Million | -432.52% |
| Other Changes | $819.83K | +31.49% |
| Total Change | $- | -133.22% |
Book Value vs Market Value Analysis
This analysis compares ARHT Media 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $-0.31 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $-0.01 | $0.01 | x |
| 2020-12-31 | $-0.02 | $0.01 | x |
| 2021-12-31 | $0.03 | $0.01 | x |
| 2022-12-31 | $0.04 | $0.01 | x |
| 2023-12-31 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARHT Media 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: -228.86%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-835.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-211.65K |
| 2014 | -866.81% | 0.00% | 0.00x | 1.20x | $-4.87 Million |
| 2014 | 0.00% | -94850.85% | 0.02x | 0.00x | $-7.43 Million |
| 2015 | -8913.95% | -3305.46% | 0.13x | 20.09x | $-5.46 Million |
| 2016 | 0.00% | -549.29% | 0.44x | 0.00x | $-5.96 Million |
| 2017 | 0.00% | -149.64% | 2.88x | 0.00x | $-5.65 Million |
| 2018 | 0.00% | -364.12% | 1.07x | 0.00x | $-6.31 Million |
| 2019 | 0.00% | -114.86% | 1.82x | 0.00x | $-3.71 Million |
| 2020 | 0.00% | -166.55% | 0.96x | 0.00x | $-3.54 Million |
| 2021 | -145.25% | -112.56% | 0.71x | 1.81x | $-5.72 Million |
| 2022 | -96.66% | -100.86% | 0.66x | 1.44x | $-8.36 Million |
| 2023 | 0.00% | -228.86% | 1.42x | 0.00x | $-11.00 Million |
Industry Comparison
This section compares ARHT Media 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 |
|---|---|---|---|---|
| ARHT Media Inc (ARHTF) | $-5.01 Million | 0.00% | N/A | $2.35 Million |
| 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 |