Arch Therapeutics Inc
Arch Therapeutics, Inc., together with its subsidiaries, operates as a biotechnology company in the United States. It develops and markets products based on its AC5 self-assembling technology platform to stop bleeding and control leaking, as well as manages wounds during surgery, trauma, and interventional care or from disease. The company's flagship products include AC5 advanced wound system and… Read more
Arch Therapeutics Inc (ARTH) - Net Assets
Latest net assets as of June 2024: $-12.56 Million USD
Based on the latest financial reports, Arch Therapeutics Inc (ARTH) has net assets worth $-12.56 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 ($1.40 Million) and total liabilities ($13.96 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 | $-12.56 Million |
| % of Total Assets | -898.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1504.27 |
Arch Therapeutics Inc - Net Assets Trend (2013–2023)
This chart illustrates how Arch Therapeutics 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 Arch Therapeutics Inc (2013–2023)
The table below shows the annual net assets of Arch Therapeutics Inc from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-7.51 Million | -79.06% |
| 2022-09-30 | $-4.19 Million | -308.79% |
| 2021-09-30 | $-1.03 Million | +31.64% |
| 2020-09-30 | $-1.50 Million | -85.87% |
| 2019-09-30 | $-807.30K | -159.37% |
| 2018-09-30 | $1.36 Million | -38.93% |
| 2017-09-30 | $2.23 Million | -29.56% |
| 2016-09-30 | $3.16 Million | +105.24% |
| 2015-09-30 | $1.54 Million | +122.35% |
| 2014-09-30 | $-6.89 Million | -3785.48% |
| 2013-09-30 | $187.02K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arch Therapeutics 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 5742373800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $54.55 Million | % |
| Total Equity | $-7.51 Million | 100.00% |
Arch Therapeutics Inc Competitors by Market Cap
The table below lists competitors of Arch Therapeutics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China SXT Pharmaceuticals Inc
NASDAQ:SXTC
|
$924.51K |
|
Minera IRL Limited
PINK:MRLLF
|
$924.54K |
|
BEIERSDORF
BE:BEI
|
$924.64K |
|
Sage Group PLC
LSE:SGE
|
$925.09K |
|
Curiox Biosystems Co. Ltd
KQ:445680
|
$923.20K |
|
Creative Eye Limited
NSE:CREATIVEYE
|
$922.65K |
|
KAWASAKI HEAVY IND
MU:KHE
|
$922.54K |
|
Exceed World Inc
PINK:EXDW
|
$922.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arch Therapeutics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,192,803 to -7,507,732, a change of -3,314,929.
- Net loss of 6,982,836 reduced equity.
- New share issuances of 2,209,839 increased equity.
- Other factors increased equity by 1,458,068.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.98 Million | -93.01% |
| Share Issuances | $2.21 Million | +29.43% |
| Other Changes | $1.46 Million | +19.42% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Arch Therapeutics 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 |
|---|---|---|---|
| 2013-09-30 | $0.00 | $0.22 | x |
| 2014-09-30 | $-0.10 | $0.22 | x |
| 2016-09-30 | $0.02 | $0.22 | x |
| 2017-09-30 | $0.01 | $0.22 | x |
| 2018-09-30 | $0.01 | $0.22 | x |
| 2019-09-30 | $0.00 | $0.22 | x |
| 2020-09-30 | $-0.01 | $0.22 | x |
| 2021-09-30 | $0.00 | $0.22 | x |
| 2022-09-30 | $-3.36 | $0.22 | x |
| 2023-09-30 | $-1.60 | $0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arch Therapeutics 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: -9221.43%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-188.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -991.25% | 0.00% | 0.00x | 8.49x | $-1.87 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.45 Million |
| 2015 | -191.38% | 0.00% | 0.00x | 2.60x | $-3.10 Million |
| 2016 | -189.57% | 0.00% | 0.00x | 1.63x | $-6.31 Million |
| 2017 | -349.82% | 0.00% | 0.00x | 2.74x | $-8.01 Million |
| 2018 | -354.02% | 0.00% | 0.00x | 3.56x | $-4.95 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.47 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.54 Million |
| 2021 | 0.00% | -53960.07% | 0.00x | 0.00x | $-6.14 Million |
| 2022 | 0.00% | -33707.22% | 0.01x | 0.00x | $-4.86 Million |
| 2023 | 0.00% | -9221.43% | 0.04x | 0.00x | $-6.23 Million |
Industry Comparison
This section compares Arch Therapeutics Inc's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $177,595,389
- Average return on equity (ROE) among peers: -116.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arch Therapeutics Inc (ARTH) | $-12.56 Million | -991.25% | N/A | $923.89K |
| Aadi Bioscience Inc (AADI) | $17.44 Million | -122.74% | 0.21x | $17.03 Million |
| America Great Health (AAGH) | $-5.31 Million | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $274.16 Million | -147.88% | 8.55x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $54.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $4.67 Million | -803.57% | 14.26x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $1.23 Billion | 12.85% | 0.25x | $731.78 Million |
| Abeona Therapeutics Inc (ABEO) | $134.04 Million | -42.28% | 0.30x | $193.84 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $-18.59 Million | 0.00% | 0.00x | $102.67 Million |
| Abpro Holdings, Inc. (ABP) | $-14.95 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $179.13 Million | -57.56% | 0.19x | $345.85 Million |