Cytta Corp
Cytta Corp. develops, markets, and distributes various video streaming products and services. Its products include CyttaComp a secure video compression technology, which delivers video streaming for airborne intelligence, surveillance, and reconnaissance applications; CyttaCOMMS incident command system, a SaaS based online platform which is designed to deliver communications composed of multiple … Read more
Cytta Corp (CYCA) - Net Assets
Latest net assets as of December 2024: $-924.59K USD
Based on the latest financial reports, Cytta Corp (CYCA) has net assets worth $-924.59K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.79 Million) and total liabilities ($2.71 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 | $-924.59K |
| % of Total Assets | -51.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | -123.75% |
| 10-Year Change | N/A |
| Growth Volatility | 708.55 |
Cytta Corp - Net Assets Trend (2010–2024)
This chart illustrates how Cytta Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cytta Corp (2010–2024)
The table below shows the annual net assets of Cytta Corp from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-237.44K | +8.80% |
| 2023-09-30 | $-260.36K | -156.38% |
| 2022-09-30 | $461.79K | -46.69% |
| 2021-09-30 | $866.24K | -13.37% |
| 2020-09-30 | $999.91K | -88.19% |
| 2017-09-30 | $8.47 Million | +1.48% |
| 2016-09-30 | $8.34 Million | +12.55% |
| 2015-09-30 | $7.41 Million | +3307.31% |
| 2013-09-30 | $-231.13K | +60.67% |
| 2012-09-30 | $-587.74K | -212.37% |
| 2011-09-30 | $-188.15K | -2067.31% |
| 2010-09-30 | $9.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cytta Corp'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 3637695600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $36.63 Million | % |
| Total Equity | $-237.44K | 100.00% |
Cytta Corp Competitors by Market Cap
The table below lists competitors of Cytta Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KPN Property Fund
BK:KPNPF
|
$6.42 Million |
|
Locality Planning Energy Holdings Ltd
AU:LPE
|
$6.43 Million |
|
Mastermyne Group Ltd
AU:MYE
|
$6.43 Million |
|
JAS Asset PCL
BK:J
|
$6.43 Million |
|
Synergy CHC Corp. Common Stock
NASDAQ:SNYR
|
$6.42 Million |
|
A.S. Création Tapeten AG
F:ACWN
|
$6.42 Million |
|
SG Blocks Inc
NASDAQ:SGBX
|
$6.42 Million |
|
PTRB
KLSE:0260
|
$6.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cytta Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -260,359 to -237,444, a change of 22,915.
- Net loss of 4,264,412 reduced equity.
- Other factors increased equity by 4,287,327.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.26 Million | -1795.97% |
| Other Changes | $4.29 Million | +1805.62% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Cytta Corp'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 |
|---|---|---|---|
| 2010-09-30 | $0.00 | $0.02 | x |
| 2011-09-30 | $0.00 | $0.02 | x |
| 2012-09-30 | $0.00 | $0.02 | x |
| 2013-09-30 | $0.00 | $0.02 | x |
| 2021-09-30 | $0.00 | $0.02 | x |
| 2022-09-30 | $0.00 | $0.02 | x |
| 2023-09-30 | $0.00 | $0.02 | x |
| 2024-09-30 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cytta Corp 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: -94933.48%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-353.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -2693.04% | 0.00% | 0.00x | 7.51x | $-258.52K |
| 2011 | 0.00% | -49142.98% | 0.02x | 0.00x | $-1.06 Million |
| 2012 | 0.00% | -3892.42% | 0.46x | 0.00x | $-1.53 Million |
| 2013 | 0.00% | -80657.93% | 0.01x | 0.00x | $-2.23 Million |
| 2015 | -10.13% | -21466.09% | 0.00x | 1.08x | $-1.49 Million |
| 2016 | -5.70% | 0.00% | 0.00x | 1.01x | $-1.31 Million |
| 2017 | -6.02% | 0.00% | 0.00x | 1.06x | $-1.36 Million |
| 2020 | -126.70% | -2611.35% | 0.03x | 1.58x | $-1.37 Million |
| 2021 | -299.40% | -2740.83% | 0.07x | 1.47x | $-2.68 Million |
| 2022 | -1104.42% | -83759.27% | 0.01x | 1.97x | $-5.15 Million |
| 2023 | 0.00% | -15730.64% | 0.01x | 0.00x | $-4.70 Million |
| 2024 | 0.00% | -94933.48% | 0.00x | 0.00x | $-4.24 Million |
Industry Comparison
This section compares Cytta Corp'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 |
|---|---|---|---|---|
| Cytta Corp (CYCA) | $-924.59K | -2693.04% | N/A | $6.42 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 |