Astra Veda Corporation
Astra Veda Corporation focuses on inventing, accelerating, and promoting technical innovations, software applications, data security products, and encrypted communication services. It provides various development tools and delivery platforms, including its proprietary practices for partners enhancing and securing existing business platforms. The company was formerly known as WorldFlix, Inc. The c… Read more
Astra Veda Corporation (ASTA) - Net Assets
Latest net assets as of March 2024: $-1.51 Million USD
Based on the latest financial reports, Astra Veda Corporation (ASTA) has net assets worth $-1.51 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($970.35K) and total liabilities ($2.48 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 | $-1.51 Million |
| % of Total Assets | -155.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Astra Veda Corporation - Net Assets Trend (2016–2023)
This chart illustrates how Astra Veda Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Astra Veda Corporation (2016–2023)
The table below shows the annual net assets of Astra Veda Corporation from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.25 Million | -99.49% |
| 2022-12-31 | $-624.42K | -439.50% |
| 2021-12-31 | $-115.74K | +49.08% |
| 2020-12-31 | $-227.28K | +34.97% |
| 2019-12-31 | $-349.48K | -15.99% |
| 2018-12-31 | $-301.31K | +62.30% |
| 2017-12-31 | $-799.20K | -154498.51% |
| 2016-12-31 | $-516.95 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Astra Veda Corporation'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 534845271.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $58.49K | % |
| Other Comprehensive Income | $2.52 Million | % |
| Other Components | $1.53 Million | % |
| Total Equity | $-1.25 Million | 100.00% |
Astra Veda Corporation Competitors by Market Cap
The table below lists competitors of Astra Veda Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Covista Communications Inc
PINK:CVST
|
$2.74 |
|
Bioelectronics Corp
PINK:BIEL
|
$2.75 |
|
Il2m International Corp
PINK:ILIM
|
$2.76 |
|
Maxx Sports TV Inc
PINK:AMXX
|
$2.78 |
|
EQM Technologies & Energy Inc
PINK:EQTE
|
$2.74 |
|
Dragon Capital Grp
PINK:DRGV
|
$2.73 |
|
Stereo Vision Entertainment Inc
PINK:SVSN
|
$2.73 |
|
Anything Tech Media
PINK:EXMT
|
$2.73 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Astra Veda Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -624,425 to -1,245,644, a change of -621,219.
- Net loss of 2,480,720 reduced equity.
- Other comprehensive income increased equity by 2,005,000.
- Other factors decreased equity by 145,499.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.48 Million | -199.15% |
| Other Comprehensive Income | $2.00 Million | +160.96% |
| Other Changes | $-145.50K | -11.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Astra Veda Corporation'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 |
|---|---|---|---|
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Astra Veda Corporation 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: -524.34%
- • Asset Turnover: 0.24x
- • 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 |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-203.91 |
| 2017 | 0.00% | -3339.71% | 0.63x | 0.00x | $-457.77K |
| 2018 | 0.00% | -1735.74% | 0.04x | 0.00x | $-342.20K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-633.90K |
| 2020 | 0.00% | -876.74% | 0.13x | 0.00x | $-415.64K |
| 2021 | 0.00% | 12.24% | 1.29x | 0.00x | $123.11K |
| 2022 | 0.00% | -74.26% | 1.72x | 0.00x | $-446.24K |
| 2023 | 0.00% | -524.34% | 0.24x | 0.00x | $-2.36 Million |
Industry Comparison
This section compares Astra Veda Corporation's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Astra Veda Corporation (ASTA) | $-1.51 Million | 0.00% | N/A | $2.74 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |