Correlate Infrastructure Partners Inc
Correlate Energy Corp., a technology-enabled vertically integrated sales, development, and fulfillment platform, focuses on providing distributed clean and resilient energy solutions in North America. The company also offers consulting services on acquisitions and project development tools in the commercial solar industry. Its central management platform is a SaaS-based building relationship mana… Read more
Correlate Infrastructure Partners Inc (CIPI) - Net Assets
Latest net assets as of September 2024: $-4.64 Million USD
Based on the latest financial reports, Correlate Infrastructure Partners Inc (CIPI) has net assets worth $-4.64 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.27 Million) and total liabilities ($9.91 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 | $-4.64 Million |
| % of Total Assets | -87.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Correlate Infrastructure Partners Inc - Net Assets Trend (2018–2023)
This chart illustrates how Correlate Infrastructure Partners 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 Correlate Infrastructure Partners Inc (2018–2023)
The table below shows the annual net assets of Correlate Infrastructure Partners Inc from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-3.18 Million | -13.33% |
| 2022-12-31 | $-2.81 Million | -748.83% |
| 2021-12-31 | $432.42K | +256.93% |
| 2020-12-31 | $-275.54K | -211.29% |
| 2019-12-31 | $-88.52K | +98.82% |
| 2018-12-31 | $-7.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Correlate Infrastructure Partners 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 grown by 2188158800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $17.88 Million | % |
| Total Equity | $-3.18 Million | 100.00% |
Correlate Infrastructure Partners Inc Competitors by Market Cap
The table below lists competitors of Correlate Infrastructure Partners Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topvision Eye Specialist Berhad
KLSE:0332
|
$1.63 Million |
|
Berto Acquisition Corp. Warrant
NASDAQ:TACOW
|
$1.63 Million |
|
ORACLE
BE:ORC
|
$1.63 Million |
|
RYDER SYSTEM - Dusseldorf Stock Exchang
DU:RYD
|
$1.63 Million |
|
Modern Healthcare Technology Holdings Limited
F:M3L
|
$1.63 Million |
|
Carmat SA
F:CXT
|
$1.62 Million |
|
Novolog Pharm-Up 1966 Ltd
TA:NVLG
|
$1.62 Million |
|
Urban-Gro Inc
NASDAQ:UGRO
|
$1.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Correlate Infrastructure Partners Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -2,805,674 to -3,179,653, a change of -373,979.
- Net loss of 12,788,399 reduced equity.
- Other factors increased equity by 12,414,420.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.79 Million | -402.19% |
| Other Changes | $12.41 Million | +390.43% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Correlate Infrastructure Partners 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 |
|---|---|---|---|
| 2018-12-31 | $-0.51 | $0.03 | x |
| 2019-12-31 | $0.00 | $0.03 | x |
| 2020-12-31 | $-0.01 | $0.03 | x |
| 2021-12-31 | $0.01 | $0.03 | x |
| 2022-12-31 | $-0.08 | $0.03 | x |
| 2023-12-31 | $-0.09 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Correlate Infrastructure Partners 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: -169.09%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -78.05% | 0.36x | 0.00x | $-133.84K |
| 2019 | 0.00% | -465.62% | 12.29x | 0.00x | $-4.15 Million |
| 2020 | 0.00% | -43.16% | 144.79x | 0.00x | $-78.63K |
| 2021 | -20.87% | -91.67% | 0.07x | 3.37x | $-133.49K |
| 2022 | 0.00% | -210.45% | 1.51x | 0.00x | $-6.88 Million |
| 2023 | 0.00% | -169.09% | 1.66x | 0.00x | $-12.47 Million |
Industry Comparison
This section compares Correlate Infrastructure Partners Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Correlate Infrastructure Partners Inc (CIPI) | $-4.64 Million | 0.00% | N/A | $1.63 Million |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |