Quisitive Technology Solutions Inc
Quisitive Technology Solutions, Inc., through its subsidiaries, provides Microsoft solutions primarily in North America and South Asia. It offers a suite of Microsoft software products, tools, and services comprising Microsoft Azure, Microsoft Dynamics, Microsoft 365, Microsoft Fabric, Microsoft Copilot, Azure OpenAI, Microsoft Teams, SharePoint, Azure Synapse, SQL Server, System Center, Microsof… Read more
Quisitive Technology Solutions Inc (QUISF) - Net Assets
Latest net assets as of September 2024: $95.14 Million USD
Based on the latest financial reports, Quisitive Technology Solutions Inc (QUISF) has net assets worth $95.14 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 ($149.31 Million) and total liabilities ($54.17 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 | $95.14 Million |
| % of Total Assets | 63.72% |
| Annual Growth Rate | 139.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 341.53 |
Quisitive Technology Solutions Inc - Net Assets Trend (2017–2023)
This chart illustrates how Quisitive Technology Solutions 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 Quisitive Technology Solutions Inc (2017–2023)
The table below shows the annual net assets of Quisitive Technology Solutions Inc from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $117.51 Million | -41.36% |
| 2022-12-31 | $200.41 Million | -0.15% |
| 2021-12-31 | $200.70 Million | +647.19% |
| 2020-12-31 | $26.86 Million | +2121.70% |
| 2019-12-31 | $-1.33 Million | -129.60% |
| 2018-12-31 | $4.49 Million | +622.14% |
| 2017-12-31 | $621.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quisitive Technology Solutions 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 13974357159.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $257.49 Million | 219.12% |
| Total Equity | $117.51 Million | 100.00% |
Quisitive Technology Solutions Inc Competitors by Market Cap
The table below lists competitors of Quisitive Technology Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuling Motors Holdings Limited
PINK:WLMTF
|
$65.39 Million |
|
AimCore Technology Co Ltd
TWO:3615
|
$65.41 Million |
|
Apex Biotechnology Corp
TW:1733
|
$65.42 Million |
|
Pensana Plc
PINK:PNSPF
|
$65.43 Million |
|
DSK Co. Ltd
KQ:109740
|
$65.38 Million |
|
Titanium Oyj
HE:TITAN
|
$65.37 Million |
|
DouYu International Holdings
NASDAQ:DOYU
|
$65.36 Million |
|
Dredging Corporation of India Limited
NSE:DREDGECORP
|
$65.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quisitive Technology Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 201,532,000 to 117,514,000, a change of -84,018,000 (-41.7%).
- Net loss of 91,202,000 reduced equity.
- Other factors increased equity by 7,184,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-91.20 Million | -77.61% |
| Other Changes | $7.18 Million | +6.11% |
| Total Change | $- | -41.69% |
Book Value vs Market Value Analysis
This analysis compares Quisitive Technology Solutions 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: 0.86x
- 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.
- The price-to-book ratio has decreased from 4.08x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.06 | $0.25 | x |
| 2018-12-31 | $0.05 | $0.25 | x |
| 2019-12-31 | $-0.01 | $0.25 | x |
| 2020-12-31 | $0.14 | $0.25 | x |
| 2021-12-31 | $0.56 | $0.25 | x |
| 2022-12-31 | $0.55 | $0.25 | x |
| 2023-12-31 | $0.29 | $0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quisitive Technology Solutions 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): -77.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -75.23%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.00x
- Recent ROE (-77.61%) is below the historical average (-40.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -6.71% | 0.00% | 0.00x | 1.03x | $-103.89K |
| 2018 | -148.21% | -52.30% | 0.95x | 2.98x | $-7.04 Million |
| 2019 | 0.00% | -39.44% | 0.47x | 0.00x | $-7.18 Million |
| 2020 | -38.32% | -20.47% | 0.78x | 2.41x | $-12.85 Million |
| 2021 | -8.12% | -16.88% | 0.28x | 1.70x | $-36.41 Million |
| 2022 | -4.15% | -6.08% | 0.42x | 1.63x | $-28.53 Million |
| 2023 | -77.61% | -75.23% | 0.52x | 2.00x | $-102.95 Million |
Industry Comparison
This section compares Quisitive Technology Solutions Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quisitive Technology Solutions Inc (QUISF) | $95.14 Million | -6.71% | 0.57x | $65.39 Million |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |