Treasure & Shipwreck Recovery Inc
NAPC Defense, Inc. engages in the defense and security industries in the United States. The company offers weapons systems, tactical platforms such as CornerShot, and other technologies designed for use by military, paramilitary, and law enforcement agencies. NAPC Defense, Inc. is headquartered in Clearwater, Florida.
Treasure & Shipwreck Recovery Inc (BLIS) - Net Assets
Latest net assets as of October 2025: $-1.74 Million USD
Based on the latest financial reports, Treasure & Shipwreck Recovery Inc (BLIS) has net assets worth $-1.74 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($140.43K) and total liabilities ($1.89 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 | $-1.74 Million |
| % of Total Assets | -1242.43% |
| Annual Growth Rate | N/A |
| 5-Year Change | -249.89% |
| 10-Year Change | N/A |
| Growth Volatility | 540.71 |
Treasure & Shipwreck Recovery Inc - Net Assets Trend (2017–2025)
This chart illustrates how Treasure & Shipwreck Recovery 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 Treasure & Shipwreck Recovery Inc (2017–2025)
The table below shows the annual net assets of Treasure & Shipwreck Recovery Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $-1.15 Million | -260.45% |
| 2024-04-30 | $714.67K | +189.43% |
| 2023-04-30 | $-799.12K | +8.25% |
| 2022-04-30 | $-870.94K | -213.85% |
| 2021-04-30 | $765.01K | +15.32% |
| 2020-04-30 | $663.36K | +1569.17% |
| 2019-04-30 | $-45.15K | -1416.38% |
| 2018-04-30 | $3.43K | +56.91% |
| 2017-04-30 | $2.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Treasure & Shipwreck Recovery 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 844666700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $238.27K | % |
| Other Comprehensive Income | $120.43K | % |
| Other Components | $6.94 Million | % |
| Total Equity | $-1.15 Million | 100.00% |
Treasure & Shipwreck Recovery Inc Competitors by Market Cap
The table below lists competitors of Treasure & Shipwreck Recovery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maison Antoine Baud Société Anonyme
PA:MLMAB
|
$2.67 Million |
|
Li-Metal Corp.
OTCQB:LIMFF
|
$2.67 Million |
|
Orapi SA
PA:ORAP
|
$2.67 Million |
|
MCDONALD'S (MDO.SG)
STU:MDO
|
$2.67 Million |
|
Quebec Precious Metals Corporation
OTCQB:CJCFF
|
$2.66 Million |
|
Soup Restaurant Group Limited
F:SR6
|
$2.66 Million |
|
Oculus VisionTech Inc
OTCQB:OVTZ
|
$2.66 Million |
|
Ezagoo Limited
PINK:EZOO
|
$2.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Treasure & Shipwreck Recovery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 714,672 to -1,146,674, a change of -1,861,346 (-260.4%).
- Net loss of 3,376,999 reduced equity.
- Dividend payments of 82,913 reduced retained earnings.
- New share issuances of 95,000 increased equity.
- Other comprehensive income increased equity by 175,030.
- Other factors increased equity by 1,328,536.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.38 Million | -294.5% |
| Dividends Paid | $82.91K | -7.23% |
| Share Issuances | $95.00K | +8.28% |
| Other Comprehensive Income | $175.03K | +15.26% |
| Other Changes | $1.33 Million | +115.86% |
| Total Change | $- | -260.45% |
Book Value vs Market Value Analysis
This analysis compares Treasure & Shipwreck Recovery 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 |
|---|---|---|---|
| 2017-04-30 | $0.01 | $0.01 | x |
| 2018-04-30 | $0.00 | $0.01 | x |
| 2019-04-30 | $-0.01 | $0.01 | x |
| 2020-04-30 | $0.09 | $0.01 | x |
| 2021-04-30 | $0.10 | $0.01 | x |
| 2022-04-30 | $-0.09 | $0.01 | x |
| 2023-04-30 | $-0.02 | $0.01 | x |
| 2024-04-30 | $0.01 | $0.01 | x |
| 2025-04-30 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Treasure & Shipwreck Recovery 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-161.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -37.05% | 0.00% | 0.00x | 4.59x | $-1.03K |
| 2018 | -1150.32% | -259.58% | 0.52x | 8.60x | $-39.80K |
| 2019 | 0.00% | -343.34% | 0.00x | 0.00x | $-44.07K |
| 2020 | -89.28% | 0.00% | 0.00x | 1.19x | $-658.57K |
| 2021 | -73.68% | 0.00% | 0.00x | 1.14x | $-640.14K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.39 Million |
| 2023 | 0.00% | -1107.21% | 0.23x | 0.00x | $-861.21K |
| 2024 | -99.62% | 0.00% | 0.00x | 2.46x | $-783.45K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.26 Million |
Industry Comparison
This section compares Treasure & Shipwreck Recovery Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Treasure & Shipwreck Recovery Inc (BLIS) | $-1.74 Million | -37.05% | N/A | $2.67 Million |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |