Go Green Global Tech
Go Green Global Technologies Corp. focuses on non-chemical water treatment and fuel combustion applications in the United States. The company develops fuel, water, and maritime solutions under the Sonical name. Its products are used in industrial, automotive, transportation, maritime, and railway industries. Go Green Global Technologies Corp. is based in Danbury, Connecticut.
Go Green Global Tech (GOGR) - Net Assets
Latest net assets as of March 2024: $-1.58 Million USD
Based on the latest financial reports, Go Green Global Tech (GOGR) has net assets worth $-1.58 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.54K) and total liabilities ($1.60 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 | $-1.58 Million |
| % of Total Assets | -11687.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1105.78% |
| 10-Year Change | N/A |
| Growth Volatility | 74.17 |
Go Green Global Tech - Net Assets Trend (2006–2023)
This chart illustrates how Go Green Global Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Go Green Global Tech (2006–2023)
The table below shows the annual net assets of Go Green Global Tech from 2006 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.79 Million | -162930.26% |
| 2022-12-31 | $-1.10K | +55.10% |
| 2021-12-31 | $-2.45K | -100.93% |
| 2014-12-31 | $262.60K | +47.40% |
| 2013-12-31 | $178.15K | +1368.00% |
| 2012-12-31 | $-14.05K | +48.00% |
| 2007-12-31 | $-27.02K | -191.61% |
| 2006-12-31 | $-9.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Go Green Global Tech'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 917593900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $89.10K | % |
| Other Comprehensive Income | $-89.10K | % |
| Other Components | $7.39 Million | % |
| Total Equity | $-1.79 Million | 100.00% |
Go Green Global Tech Competitors by Market Cap
The table below lists competitors of Go Green Global Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Getty Copper Inc
PINK:GTCDF
|
$1.60 Million |
|
Ever Shine Textile Industry
JK:ESTI
|
$1.60 Million |
|
Khaitan (India) Limited
NSE:KHAITANLTD
|
$1.60 Million |
|
AWY0
F:AWY0
|
$1.60 Million |
|
Michman Basad Ltd
TA:MCMN
|
$1.60 Million |
|
Mobile Global Esports Inc.
NASDAQ:MGAM
|
$1.60 Million |
|
Bluejay Diagnostics Inc
NASDAQ:BJDX
|
$1.60 Million |
|
SIMPSON MANUFACTRNG
MU:TWL
|
$1.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Go Green Global Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -1,099 to -1,791,833, a change of -1,790,734.
- Other comprehensive income decreased equity by 89,102.
- Other factors decreased equity by 1,701,632.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Other Comprehensive Income | $-89.10K | -4.97% |
| Other Changes | $-1.70 Million | -94.97% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Go Green Global Tech'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 |
|---|---|---|---|
| 2005-12-31 | $0.00 | $0.04 | x |
| 2006-12-31 | $0.00 | $0.04 | x |
| 2007-12-31 | $-0.01 | $0.04 | x |
| 2021-12-31 | $-0.04 | $0.04 | x |
| 2022-12-31 | $-0.02 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Go Green Global Tech 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-32.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.24K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.96K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.05K |
| 2012 | 0.00% | -2446.73% | 0.06x | 0.00x | $-343.78K |
| 2013 | -228.71% | -455.52% | 0.19x | 2.65x | $-425.26K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-302.53 |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.03K |
Industry Comparison
This section compares Go Green Global Tech's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Go Green Global Tech (GOGR) | $-1.58 Million | 0.00% | N/A | $1.60 Million |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |