CannAssist International Corp
Electronic Servitor Publication Network, Inc., a digital engagement company, provides digital activation and engagement solutions to companies that seek to optimize their digital customer engagement strategies. Its managed services are powered by tech stack - the Digital Engagement Engine, which provides interaction management, content provisioning, and a workflow. The company was formerly known … Read more
CannAssist International Corp (XESP) - Net Assets
Latest net assets as of December 2023: $-2.80 Million USD
Based on the latest financial reports, CannAssist International Corp (XESP) has net assets worth $-2.80 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.43K) and total liabilities ($2.83 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 | $-2.80 Million |
| % of Total Assets | -9854.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
CannAssist International Corp - Net Assets Trend (2018–2023)
This chart illustrates how CannAssist International Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CannAssist International Corp (2018–2023)
The table below shows the annual net assets of CannAssist International Corp from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-2.80 Million | -1968.67% |
| 2022-12-31 | $-135.44K | -271.29% |
| 2021-12-31 | $-36.48K | +53.23% |
| 2020-12-31 | $-78.00K | -25.10% |
| 2019-12-31 | $-62.35K | -276.01% |
| 2018-12-31 | $35.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to CannAssist International Corp'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 35552.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $4.39 Million | % |
| Total Equity | $-2.80 Million | 100.00% |
CannAssist International Corp Competitors by Market Cap
The table below lists competitors of CannAssist International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARCADIS (HIJ2.SG)
STU:HIJ2
|
$279.22K |
|
Massachusetts Business Development Corp
PINK:MBDC
|
$279.24K |
|
Bridgepoint Group Plc
LSE:BPT
|
$279.39K |
|
Artisan Consumer Goods Inc
PINK:ARRT
|
$279.39K |
|
UNITED INTERNET N - Dusseldorf Stock Exchang
DU:UTDI
|
$278.92K |
|
Seach Medical Group Ltd
TA:SEMG
|
$278.78K |
|
Lottery.com, Inc. Warrants
NASDAQ:LTRYW
|
$278.66K |
|
Shoal Point Energy Ltd
PINK:SHPNF
|
$278.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CannAssist International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -135,439 to -2,801,789, a change of -2,666,350.
- Net loss of 830,602 reduced equity.
- Other factors decreased equity by 1,835,748.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-830.60K | -29.65% |
| Other Changes | $-1.84 Million | -65.52% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares CannAssist International Corp'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 |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $-0.01 | $0.01 | x |
| 2023-12-31 | $-0.05 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CannAssist International Corp 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: -1384.34%
- • Asset Turnover: 2.11x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (11.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 71.66% | 3.41% | 3.63x | 5.80x | $21.84K |
| 2019 | 0.00% | -64.51% | 4.99x | 0.00x | $-436.57K |
| 2020 | 0.00% | -255.82% | 4.42x | 0.00x | $-2.90 Million |
| 2021 | 0.00% | -275.30% | 0.00x | 0.00x | $-2.58 Million |
| 2022 | 0.00% | -1987.78% | 1.31x | 0.00x | $-433.71K |
| 2023 | 0.00% | -1384.34% | 2.11x | 0.00x | $-550.42K |
Industry Comparison
This section compares CannAssist International Corp's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CannAssist International Corp (XESP) | $-2.80 Million | 71.66% | N/A | $279.11K |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |