RetinalGenix Technologies Inc
RetinalGeniX Technologies Inc., an ophthalmic research and development company, focuses on developing technologies to screen, monitor, diagnose, and treat ophthalmic, optical, and sight-threatening disorders. Its products include the Retinal Imaging Screening Device, a portable retinal imaging system providing a wide field of view without requiring pupil dilation; and RetinalCam, an in-home/remot… Read more
RetinalGenix Technologies Inc (RTGN) - Net Assets
Latest net assets as of September 2025: $-2.17 Million USD
Based on the latest financial reports, RetinalGenix Technologies Inc (RTGN) has net assets worth $-2.17 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.00K) and total liabilities ($2.18 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 | $-2.17 Million |
| % of Total Assets | -31034.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
RetinalGenix Technologies Inc - Net Assets Trend (2020–2024)
This chart illustrates how RetinalGenix Technologies 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 RetinalGenix Technologies Inc (2020–2024)
The table below shows the annual net assets of RetinalGenix Technologies Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.46 Million | -4.05% |
| 2023-12-31 | $-1.41 Million | -31.48% |
| 2022-12-31 | $-1.07 Million | -130.07% |
| 2021-12-31 | $-464.68K | -478.27% |
| 2020-12-31 | $-80.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RetinalGenix Technologies 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 1250500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $13.97 Million | % |
| Total Equity | $-1.46 Million | 100.00% |
RetinalGenix Technologies Inc Competitors by Market Cap
The table below lists competitors of RetinalGenix Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AFFLUENT MEDICAL SAS EO 1
F:0JZ
|
$30.29 Million |
|
Camil Alimentos S.A
SA:CAML3
|
$30.31 Million |
|
AleAnna, Inc. Class A Common Stock
NASDAQ:ANNA
|
$30.32 Million |
|
DE&T Co. Ltd
KQ:079810
|
$30.32 Million |
|
Bellavista Resources Ltd
AU:BVR
|
$30.26 Million |
|
Tune Protect Group Bhd
KLSE:5230
|
$30.25 Million |
|
Sandfire Resources America Inc
OTCQB:SRAFF
|
$30.24 Million |
|
Flag Ship Acquisition Corp. Unit
NASDAQ:FSHPU
|
$30.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RetinalGenix Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,405,657 to -1,462,610, a change of -56,953.
- Net loss of 4,320,827 reduced equity.
- New share issuances of 503,088 increased equity.
- Other factors increased equity by 3,760,786.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.32 Million | -295.42% |
| Share Issuances | $503.09K | +34.4% |
| Other Changes | $3.76 Million | +257.13% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares RetinalGenix Technologies 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 | $-0.01 | $5.02 | x |
| 2021-12-31 | $-0.03 | $5.02 | x |
| 2022-12-31 | $-0.06 | $5.02 | x |
| 2023-12-31 | $-0.08 | $5.02 | x |
| 2024-12-31 | $-0.08 | $5.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RetinalGenix Technologies 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: 0.00%
- • Asset Turnover: 0.00x
- • 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 |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.07 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.13 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.81 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.95 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.17 Million |
Industry Comparison
This section compares RetinalGenix Technologies Inc's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $694,749,556
- Average return on equity (ROE) among peers: -25.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RetinalGenix Technologies Inc (RTGN) | $-2.17 Million | 0.00% | N/A | $30.27 Million |
| Advanced Biomedical Technologies Inc (ABMT) | $-4.46 Million | 0.00% | 0.00x | $14.18K |
| Abbott Laboratories (ABT) | $4.82 Billion | 39.04% | 1.31x | $191.37 Billion |
| Acarix AB (publ) (ACIXF) | $1.93 Million | -127.02% | 0.21x | $26.42 Million |
| Adagio Medical Holdings, Inc Common Stock (ADGM) | $-72.62 Million | 0.00% | 0.00x | $4.05 Million |
| Adm Tronics Unltd (ADMT) | $-12.69K | 0.00% | 0.00x | $3.17 Million |
| Aethlon Medical Inc (AEMD) | $-3.07 Million | 0.00% | 0.00x | $2.79 Million |
| Acutus Medical Inc (AFIB) | $126.58 Million | -80.56% | 0.52x | $732.88K |
| Adapthealth Corp (AHCO) | $2.07 Billion | 7.56% | 1.54x | $914.25 Million |
| Allied Healthcare Products Inc. (AHPIQ) | $8.88 Million | -33.95% | 1.22x | $726.24 |
| 20/20 Biolabs, Inc. Common Stock (AIDX) | $3.39 Million | -59.65% | 0.38x | $9.18 Million |