Scientific Industries Inc
Scientific Industries, Inc. engages in the design, manufacture, and marketing of standard benchtop laboratory equipment, weight and measurement, and bioprocessing products in the United States, Germany, and internationally. The company offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; various mi… Read more
Scientific Industries Inc (SCND) - Net Assets
Latest net assets as of September 2025: $12.46 Million USD
Based on the latest financial reports, Scientific Industries Inc (SCND) has net assets worth $12.46 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 ($14.56 Million) and total liabilities ($2.10 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 | $12.46 Million |
| % of Total Assets | 85.6% |
| Annual Growth Rate | 7.76% |
| 5-Year Change | -22.2% |
| 10-Year Change | 58.59% |
| Growth Volatility | 32.1 |
Scientific Industries Inc - Net Assets Trend (1999–2024)
This chart illustrates how Scientific Industries 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 Scientific Industries Inc (1999–2024)
The table below shows the annual net assets of Scientific Industries Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.12 Million | -34.32% |
| 2023-12-31 | $13.89 Million | -45.68% |
| 2021-12-31 | $25.56 Million | -2.53% |
| 2020-12-31 | $26.22 Million | +123.73% |
| 2019-12-31 | $11.72 Million | +84.86% |
| 2018-12-31 | $6.34 Million | +11.20% |
| 2017-12-31 | $5.70 Million | -2.16% |
| 2016-12-31 | $5.83 Million | -1.75% |
| 2015-12-31 | $5.93 Million | +3.16% |
| 2014-12-31 | $5.75 Million | +1.26% |
| 2013-12-31 | $5.68 Million | +5.23% |
| 2012-12-31 | $5.40 Million | +7.23% |
| 2011-12-31 | $5.03 Million | +9.39% |
| 2010-12-31 | $4.60 Million | +3.37% |
| 2009-12-31 | $4.45 Million | +13.84% |
| 2008-12-31 | $3.91 Million | +5.31% |
| 2007-12-31 | $3.71 Million | +10.64% |
| 2006-12-31 | $3.36 Million | +24.90% |
| 2005-12-31 | $2.69 Million | +10.21% |
| 2004-12-31 | $2.44 Million | +10.87% |
| 2003-12-31 | $2.20 Million | +10.61% |
| 2002-12-31 | $1.99 Million | +3.87% |
| 2001-12-31 | $1.91 Million | +7.53% |
| 2000-12-31 | $1.78 Million | +26.33% |
| 1999-12-31 | $1.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scientific Industries 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 6280.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $43.05 Million | 472.07% |
| Total Equity | $9.12 Million | 100.00% |
Scientific Industries Inc Competitors by Market Cap
The table below lists competitors of Scientific Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carlin Gold Corporation
V:CGD
|
$2.97 Million |
|
Fresh2 Group Ltd
NASDAQ:FRES
|
$2.97 Million |
|
Audeara Ltd
AU:AUA
|
$2.97 Million |
|
IMMO BLOCKCHAIN EO 1
F:QT5
|
$2.97 Million |
|
Volcano Bhd
KLSE:0232
|
$2.97 Million |
|
Future Fintech Group Inc
NASDAQ:FTFT
|
$2.97 Million |
|
Hyzon Motors Inc
NASDAQ:HYZN
|
$2.97 Million |
|
DomaCom Limited
AU:DCL
|
$2.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scientific Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,885,400 to 9,119,400, a change of -4,766,000 (-34.3%).
- Net loss of 6,445,400 reduced equity.
- New share issuances of 716,800 increased equity.
- Other factors increased equity by 962,600.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.45 Million | -70.68% |
| Share Issuances | $716.80K | +7.86% |
| Other Changes | $962.60K | +10.56% |
| Total Change | $- | -34.32% |
Book Value vs Market Value Analysis
This analysis compares Scientific Industries 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.24x to 1.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $3.90 | $0.92 | x |
| 2017-12-31 | $3.82 | $0.92 | x |
| 2018-12-31 | $4.24 | $0.92 | x |
| 2019-12-31 | $4.10 | $0.92 | x |
| 2020-12-31 | $5.88 | $0.92 | x |
| 2021-12-31 | $3.65 | $0.92 | x |
| 2023-12-31 | $1.37 | $0.92 | x |
| 2024-12-31 | $0.87 | $0.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scientific Industries 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): -70.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -60.17%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.27x
- Recent ROE (-70.68%) is below the historical average (-2.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 18.26% | 9.46% | 1.64x | 1.18x | $147.00K |
| 2001 | 4.02% | 2.23% | 1.54x | 1.17x | $-114.40K |
| 2002 | 3.22% | 1.96% | 1.47x | 1.11x | $-134.80K |
| 2003 | 11.32% | 7.05% | 1.43x | 1.12x | $29.10K |
| 2004 | 12.51% | 8.49% | 1.29x | 1.14x | $61.20K |
| 2005 | 11.98% | 9.29% | 1.17x | 1.11x | $53.30K |
| 2006 | 9.30% | 6.39% | 1.18x | 1.23x | $-23.60K |
| 2007 | 10.56% | 5.88% | 1.40x | 1.29x | $20.70K |
| 2008 | 8.18% | 5.34% | 1.24x | 1.24x | $-71.00K |
| 2009 | 12.13% | 7.64% | 1.37x | 1.16x | $94.90K |
| 2010 | 4.96% | 3.88% | 1.17x | 1.09x | $-232.10K |
| 2011 | 1.31% | 1.06% | 1.07x | 1.15x | $-437.30K |
| 2012 | 7.34% | 5.55% | 1.16x | 1.14x | $-143.70K |
| 2013 | -1.33% | -1.11% | 0.96x | 1.25x | $-643.20K |
| 2014 | 0.15% | 0.11% | 1.10x | 1.24x | $-566.34K |
| 2015 | 2.79% | 1.73% | 1.27x | 1.27x | $-427.60K |
| 2016 | -1.25% | -0.89% | 1.19x | 1.17x | $-655.40K |
| 2017 | -2.81% | -1.89% | 1.16x | 1.28x | $-730.72K |
| 2018 | 10.18% | 6.33% | 1.23x | 1.31x | $11.53K |
| 2019 | -6.00% | -8.21% | 0.58x | 1.26x | $-1.88 Million |
| 2020 | -14.00% | -37.57% | 0.34x | 1.11x | $-6.29 Million |
| 2021 | -22.08% | -49.51% | 0.39x | 1.14x | $-8.20 Million |
| 2023 | -65.44% | -81.78% | 0.66x | 1.20x | $-10.48 Million |
| 2024 | -70.68% | -60.17% | 0.93x | 1.27x | $-7.36 Million |
Industry Comparison
This section compares Scientific Industries Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scientific Industries Inc (SCND) | $12.46 Million | 18.26% | 0.17x | $2.97 Million |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |