Midwest Energy Emiss
Birchtech Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control with solutions that are based on a thorough scientific understanding of actual and probable interacti… Read more
Midwest Energy Emiss (MEEC) - Net Assets
Latest net assets as of September 2024: $1.91 Million USD
Based on the latest financial reports, Midwest Energy Emiss (MEEC) has net assets worth $1.91 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 ($11.65 Million) and total liabilities ($9.74 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 | $1.91 Million |
| % of Total Assets | 16.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Midwest Energy Emiss - Net Assets Trend (2011–2023)
This chart illustrates how Midwest Energy Emiss's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Midwest Energy Emiss (2011–2023)
The table below shows the annual net assets of Midwest Energy Emiss from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-782.90K | +89.44% |
| 2022-12-31 | $-7.42 Million | +19.73% |
| 2021-12-31 | $-9.24 Million | +30.02% |
| 2020-12-31 | $-13.20 Million | -48.79% |
| 2019-12-31 | $-8.87 Million | -2.93% |
| 2018-12-31 | $-8.62 Million | -94.84% |
| 2017-12-31 | $-4.42 Million | +10.99% |
| 2016-12-31 | $-4.97 Million | +61.60% |
| 2015-12-31 | $-12.94 Million | -182.33% |
| 2014-12-31 | $-4.58 Million | +6.54% |
| 2013-12-31 | $-4.91 Million | -26.25% |
| 2012-12-31 | $-3.89 Million | -443.50% |
| 2011-12-31 | $-715.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Midwest Energy Emiss'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 3905569900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $62.01 Million | % |
| Total Equity | $-782.90K | 100.00% |
Midwest Energy Emiss Competitors by Market Cap
The table below lists competitors of Midwest Energy Emiss ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MIRA Pharmaceuticals, Inc. Common Stock
NASDAQ:MIRA
|
$42.28 Million |
|
LHYFE S.A. EO -01
F:F1B
|
$42.28 Million |
|
Tecnotree Oyj
HE:TEM1V
|
$42.29 Million |
|
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS
IS:IHLGM
|
$42.29 Million |
|
Miwon Chemical
KO:134380
|
$42.27 Million |
|
Turnkey Communication Services PCL
BK:TKC
|
$42.27 Million |
|
Vocento
MC:VOC
|
$42.25 Million |
|
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund
BK:QHHR
|
$42.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Midwest Energy Emiss's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -7,416,859 to -782,897, a change of 6,633,962.
- Net income of 5,904,013 contributed positively to equity growth.
- Other factors increased equity by 729,949.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.90 Million | +754.12% |
| Other Changes | $729.95K | +93.24% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Midwest Energy Emiss'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 |
|---|---|---|---|
| 2017-12-31 | $-0.06 | $0.64 | x |
| 2018-12-31 | $-0.11 | $0.64 | x |
| 2019-12-31 | $-0.12 | $0.64 | x |
| 2020-12-31 | $-0.17 | $0.64 | x |
| 2021-12-31 | $-0.10 | $0.64 | x |
| 2022-12-31 | $-0.08 | $0.64 | x |
| 2023-12-31 | $-0.01 | $0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Midwest Energy Emiss 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: 32.91%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -179.23% | 0.16x | 0.00x | $-4.55 Million |
| 2015 | 0.00% | -112.90% | 1.73x | 0.00x | $-12.97 Million |
| 2016 | 0.00% | -52.20% | 2.04x | 0.00x | $-16.39 Million |
| 2017 | 0.00% | -10.56% | 2.28x | 0.00x | $-2.46 Million |
| 2018 | 0.00% | -39.17% | 1.53x | 0.00x | $-3.95 Million |
| 2019 | 0.00% | -53.41% | 1.23x | 0.00x | $-5.21 Million |
| 2020 | 0.00% | -71.41% | 1.11x | 0.00x | $-4.51 Million |
| 2021 | 0.00% | -27.92% | 1.60x | 0.00x | $-2.71 Million |
| 2022 | 0.00% | -7.31% | 2.31x | 0.00x | $-839.79K |
| 2023 | 0.00% | 32.91% | 0.65x | 0.00x | $5.98 Million |
Industry Comparison
This section compares Midwest Energy Emiss'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 |
|---|---|---|---|---|
| Midwest Energy Emiss (MEEC) | $1.91 Million | 0.00% | 5.09x | $42.28 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 | $61.34 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 |