Mastermind Inc
Mastermind, Inc., an involvement marketing service agency, designs, creates, and develops branding and marketing campaigns for corporate clients. Its programs cover various forms, such as creating and managing digital content, designing campaign Websites/landing pages, social media and viral campaigns, mobile marketing initiatives, and brand communications. The company customers comprise of sport… Read more
Mastermind Inc (MMND) - Net Assets
Latest net assets as of September 2024: $2.46 Million USD
Based on the latest financial reports, Mastermind Inc (MMND) has net assets worth $2.46 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 ($2.82 Million) and total liabilities ($357.84K). 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 | $2.46 Million |
| % of Total Assets | 87.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | 149.63% |
| 10-Year Change | N/A |
| Growth Volatility | 37.98 |
Mastermind Inc - Net Assets Trend (2014–2023)
This chart illustrates how Mastermind 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 Mastermind Inc (2014–2023)
The table below shows the annual net assets of Mastermind Inc from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.58 Million | -4.23% |
| 2022-12-31 | $2.69 Million | +33.44% |
| 2021-12-31 | $2.02 Million | +71.86% |
| 2020-12-31 | $1.17 Million | +13.66% |
| 2019-12-31 | $1.03 Million | -42.18% |
| 2018-12-31 | $1.79 Million | +3410.41% |
| 2017-12-31 | $-54.00K | -35.00% |
| 2016-12-31 | $-40.00K | -33.33% |
| 2015-12-31 | $-30.00K | -66.67% |
| 2014-12-31 | $-18.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mastermind 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 1447698600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.48 Million | 96.23% |
| Other Components | $97.37K | 3.77% |
| Total Equity | $2.58 Million | 100.00% |
Mastermind Inc Competitors by Market Cap
The table below lists competitors of Mastermind Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NewAmsterdam Pharma Co NV
DU:KH6
|
$263.49K |
|
Lottomatica Group SpA
NYSE:LOTMY
|
$263.50K |
|
EZGO Technologies Ltd
NASDAQ:EZGO
|
$263.57K |
|
Yaacobi Brothers Group YSB Ltd
TA:YAAC
|
$263.63K |
|
Permex Petroleum Corporation
PINK:OILCF
|
$263.31K |
|
Koshidaka Holdings Company Ltd
OTCGREY:KSHDF
|
$263.31K |
|
EVN (EVN.SG)
STU:EVN
|
$263.23K |
|
CABOT OIL & GAS (XCQ.SG)
STU:XCQ
|
$263.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mastermind Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,694,334 to 2,580,357, a change of -113,977 (-4.2%).
- Net income of 389,301 contributed positively to equity growth.
- Other factors decreased equity by 503,278.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $389.30K | +15.09% |
| Other Changes | $-503.28K | -19.5% |
| Total Change | $- | -4.23% |
Book Value vs Market Value Analysis
This analysis compares Mastermind 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
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $-0.01 | $0.05 | x |
| 2018-12-31 | $0.05 | $0.05 | x |
| 2019-12-31 | $0.03 | $0.05 | x |
| 2020-12-31 | $0.03 | $0.05 | x |
| 2021-12-31 | $0.06 | $0.05 | x |
| 2022-12-31 | $0.08 | $0.05 | x |
| 2023-12-31 | $0.07 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mastermind 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): 15.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.27%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.22x
- Recent ROE (15.09%) is above the historical average (6.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-100.20K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.90 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.00K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-56.60K |
| 2018 | 51.18% | 17.50% | 2.45x | 1.19x | $736.16K |
| 2019 | -72.94% | -19.07% | 2.68x | 1.43x | $-857.31K |
| 2020 | 12.02% | 3.88% | 1.57x | 1.97x | $23.69K |
| 2021 | 38.00% | 20.05% | 1.38x | 1.37x | $565.36K |
| 2022 | 25.56% | 15.17% | 1.29x | 1.31x | $419.29K |
| 2023 | 15.09% | 8.27% | 1.50x | 1.22x | $131.27K |
Industry Comparison
This section compares Mastermind Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mastermind Inc (MMND) | $2.46 Million | 0.00% | 0.15x | $263.43K |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |