Smart Card Marketing Systems Inc
Smart Card Marketing Systems Inc. operates as a fintech and paytech solutions provider that offers ecommerce, cloud, and mobility applications to the global banking, telecom, and retail markets. The company provides business intelligence and digital transformation strategies with a proprietary portfolio of applications and wireframes for banking, enterprises, retail e-wallets, digital ID, blockch… Read more
Smart Card Marketing Systems Inc (SMKG) - Net Assets
Latest net assets as of June 2023: $-1.70 Million USD
Based on the latest financial reports, Smart Card Marketing Systems Inc (SMKG) has net assets worth $-1.70 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.37 Million) and total liabilities ($4.07 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 | $-1.70 Million |
| % of Total Assets | -71.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -115.02% |
| Growth Volatility | 924.4 |
Smart Card Marketing Systems Inc - Net Assets Trend (1998–2021)
This chart illustrates how Smart Card Marketing Systems 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 Smart Card Marketing Systems Inc (1998–2021)
The table below shows the annual net assets of Smart Card Marketing Systems Inc from 1998 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-2.26 Million | -63.24% |
| 2020-12-31 | $-1.38 Million | +53.58% |
| 2018-12-31 | $-2.98 Million | -15.93% |
| 2017-12-31 | $-2.57 Million | +12.28% |
| 2016-12-31 | $-2.93 Million | -2462.18% |
| 2008-12-31 | $123.97K | -67.95% |
| 2007-12-31 | $386.83K | +3.37% |
| 2006-12-31 | $374.20K | +166.48% |
| 2005-12-31 | $140.43K | -99.07% |
| 1999-12-31 | $15.02 Million | +36.08% |
| 1998-12-31 | $11.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smart Card Marketing Systems 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 768211100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $472.37K | % |
| Other Components | $5.69 Million | % |
| Total Equity | $-2.26 Million | 100.00% |
Smart Card Marketing Systems Inc Competitors by Market Cap
The table below lists competitors of Smart Card Marketing Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trivium Real Estate Socimi SA
MC:YTRI
|
$250.85K |
|
VEECO INSTRUMENTS - Dusseldorf Stock Exchang
DU:VEO
|
$250.91K |
|
Gladstone Capital Corporation 7.75% Notes due 2028
NASDAQ:GLADZ
|
$250.96K |
|
BlackRock Utility & Infrastructure Trust
NYSE:BUI
|
$250.98K |
|
SKAGEN - m²
CO:SKIM2
|
$250.74K |
|
Atlanticus Holdings Corporation 9.25% Senior Notes due 2029
NASDAQ:ATLCZ
|
$250.66K |
|
Horizon Technology Finance Corporation
NYSE:HTFB
|
$250.28K |
|
Wealth Inv WCM US SmallCapAkt
CO:WEIWCMUSSCA
|
$250.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smart Card Marketing Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -1,382,299 to -2,256,428, a change of -874,129.
- Net loss of 988,941 reduced equity.
- Other factors increased equity by 114,812.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-988.94K | -43.83% |
| Other Changes | $114.81K | +5.09% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Smart Card Marketing Systems 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 |
|---|---|---|---|
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Card Marketing Systems 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: -243.93%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-54.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -6.60% | -32.97% | 0.17x | 1.16x | $-1.83 Million |
| 1999 | -76.08% | -35.33% | 1.29x | 1.67x | $-11.48 Million |
| 2005 | -37.72% | -5.66% | 5.45x | 1.22x | $-67.01K |
| 2006 | -121.38% | -188.77% | 0.60x | 1.07x | $-491.63K |
| 2007 | -86.61% | -332.68% | 0.21x | 1.23x | $-373.72K |
| 2008 | -267.10% | -236.04% | 0.26x | 4.40x | $-343.52K |
| 2016 | 0.00% | -784.46% | 1.81x | 0.00x | $-277.23K |
| 2017 | 0.00% | -579.90% | 0.25x | 0.00x | $-295.39K |
| 2018 | 0.00% | -802.01% | 0.07x | 0.00x | $-191.51K |
| 2020 | 0.00% | -386.92% | 0.20x | 0.00x | $-1.60 Million |
| 2021 | 0.00% | -243.93% | 0.23x | 0.00x | $-763.30K |
Industry Comparison
This section compares Smart Card Marketing Systems Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smart Card Marketing Systems Inc (SMKG) | $-1.70 Million | -6.60% | N/A | $250.76K |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |