Humbl Inc
HUMBL, Inc., a digital commerce company, operates a platform connects consumers, business, and governments in the digital economy in North America. It operates in two segments, Consumer and Commercial. The company offers HUMBL Wallet, that enables users to have full control of their online identity, digital assets, and digital keys; HUMBL Search Engine that allows customers to search for articles… Read more
Humbl Inc (HMBL) - Net Assets
Latest net assets as of September 2024: $-2.04 Million USD
Based on the latest financial reports, Humbl Inc (HMBL) has net assets worth $-2.04 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 ($3.53 Million) and total liabilities ($5.57 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 | $-2.04 Million |
| % of Total Assets | -57.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Humbl Inc - Net Assets Trend (2020–2022)
This chart illustrates how Humbl 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 Humbl Inc (2020–2022)
The table below shows the annual net assets of Humbl Inc from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-35.29 Million | -114.42% |
| 2021-12-31 | $-16.46 Million | -1154.47% |
| 2020-12-31 | $1.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Humbl 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 9822394200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.82K | % |
| Other Components | $63.91 Million | % |
| Total Equity | $-35.29 Million | 100.00% |
Humbl Inc Competitors by Market Cap
The table below lists competitors of Humbl Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Resonance Health Ltd
AU:RHT
|
$6.64 Million |
|
PT Bank CIMB Niaga Tbk
MU:NKX
|
$6.64 Million |
|
hGears AG
XETRA:HGEA
|
$6.64 Million |
|
Talon Metals Corp
PINK:TLOFF
|
$6.64 Million |
|
Xylo Technologies Ltd.
NASDAQ:XYLO
|
$6.64 Million |
|
NGX Limited
PINK:NGXLF
|
$6.63 Million |
|
South Star Mining Corp
V:STS
|
$6.63 Million |
|
Pancolour Ink Co., Ltd.
TWO:4765
|
$6.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Humbl Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -16,458,500 to -35,289,568, a change of -18,831,068.
- Net loss of 48,567,938 reduced equity.
- Share repurchases of 50,000 reduced equity.
- New share issuances of 1,190,000 increased equity.
- Other factors increased equity by 28,596,870.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-48.57 Million | -137.63% |
| Share Repurchases | $50.00K | -0.14% |
| Share Issuances | $1.19 Million | +3.37% |
| Other Changes | $28.60 Million | +81.03% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Humbl 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 |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
| 2022-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Humbl 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: -1754.28%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-15.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -45.70% | 0.00% | 0.00x | 1.16x | $-869.35K |
| 2021 | 0.00% | -1983.55% | 0.23x | 0.00x | $-48.01 Million |
| 2022 | 0.00% | -1754.28% | 0.72x | 0.00x | $-45.04 Million |
Industry Comparison
This section compares Humbl 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 |
|---|---|---|---|---|
| Humbl Inc (HMBL) | $-2.04 Million | -45.70% | N/A | $6.64 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 |