Binovi Technologies Corp
Binovi Technologies Corp. engages in the development, manufacturing, and commercialization of visual and neuro-cognitive processing products, and hardware and software for diagnosing and remediating visual perception disorders in Canada, the United States, and internationally. The company's products include Binovi Touch, a tool for vision therapy and vision training; Binovi Pro, which allows doct… Read more
Binovi Technologies Corp (BNVIF) - Net Assets
Latest net assets as of February 2022: $-2.32 Million USD
Based on the latest financial reports, Binovi Technologies Corp (BNVIF) has net assets worth $-2.32 Million USD as of February 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.08 Million) and total liabilities ($3.41 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 | $-2.32 Million |
| % of Total Assets | -214.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | -307.46% |
| 10-Year Change | -514.7% |
| Growth Volatility | 240.68 |
Binovi Technologies Corp - Net Assets Trend (2012–2022)
This chart illustrates how Binovi Technologies 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 Binovi Technologies Corp (2012–2022)
The table below shows the annual net assets of Binovi Technologies Corp from 2012 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-02-28 | $-2.32 Million | -123.52% |
| 2021-02-28 | $9.88 Million | +612.14% |
| 2020-02-29 | $1.39 Million | -62.48% |
| 2019-02-28 | $3.70 Million | +230.07% |
| 2018-02-28 | $1.12 Million | -42.97% |
| 2017-02-28 | $1.96 Million | -13.72% |
| 2016-02-29 | $2.28 Million | +954.56% |
| 2015-02-28 | $-266.29K | -267.32% |
| 2014-02-28 | $159.15K | -71.59% |
| 2013-02-28 | $560.23K | +102.83% |
| 2012-02-29 | $276.20K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Binovi Technologies 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 5059181800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $44.83 Million | % |
| Other Comprehensive Income | $3.51 Million | % |
| Total Equity | $-2.32 Million | 100.00% |
Binovi Technologies Corp Competitors by Market Cap
The table below lists competitors of Binovi Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gatron Industries Ltd
KAR:GATI
|
$2.50K |
|
Vietnam Medicinal Materials JSC
VN:DVM
|
$2.51K |
|
Interloop Ltd
KAR:ILP
|
$2.51K |
|
Flowscape Technology AB
ST:FLOWS
|
$2.51K |
|
Enerya Enerji Anonim Sirketi
IS:ENERY
|
$2.50K |
|
Angiang Port JSC
VN:CAG
|
$2.50K |
|
Naos Emerging Opportunities Company Ltd
AU:NCC
|
$2.50K |
|
Ironbark Capital Ltd
AU:IBC
|
$2.50K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Binovi Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 9,876,657 to -2,323,236, a change of -12,199,893 (-123.5%).
- Net loss of 16,380,085 reduced equity.
- New share issuances of 1,487,000 increased equity.
- Other comprehensive income decreased equity by 324,347.
- Other factors increased equity by 3,017,539.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.38 Million | -705.05% |
| Share Issuances | $1.49 Million | +64.01% |
| Other Comprehensive Income | $-324.35K | -13.96% |
| Other Changes | $3.02 Million | +129.89% |
| Total Change | $- | -123.52% |
Book Value vs Market Value Analysis
This analysis compares Binovi Technologies 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 |
|---|---|---|---|
| 2013-02-28 | $4.32 | $0.00 | x |
| 2014-02-28 | $1.11 | $0.00 | x |
| 2015-02-28 | $-1.58 | $0.00 | x |
| 2016-02-29 | $5.07 | $0.00 | x |
| 2017-02-28 | $3.56 | $0.00 | x |
| 2018-02-28 | $1.68 | $0.00 | x |
| 2019-02-28 | $3.68 | $0.00 | x |
| 2020-02-29 | $0.76 | $0.00 | x |
| 2021-02-28 | $1.18 | $0.00 | x |
| 2022-02-28 | $-0.13 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Binovi Technologies 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: -8790.19%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-187.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -26.07% | 0.00% | 0.00x | 1.04x | $-202.06K |
| 2014 | -440.28% | 0.00% | 0.00x | 1.72x | $-716.61K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-839.34K |
| 2016 | -168.90% | -5683.26% | 0.03x | 1.14x | $-4.07 Million |
| 2017 | -220.82% | -4468.87% | 0.04x | 1.15x | $-4.53 Million |
| 2018 | -242.25% | -2743.35% | 0.06x | 1.50x | $-2.82 Million |
| 2019 | -129.13% | -715.89% | 0.14x | 1.33x | $-5.14 Million |
| 2020 | -554.41% | -1118.89% | 0.20x | 2.50x | $-7.83 Million |
| 2021 | -92.59% | -1255.33% | 0.06x | 1.24x | $-10.13 Million |
| 2022 | 0.00% | -8790.19% | 0.17x | 0.00x | $-16.15 Million |
Industry Comparison
This section compares Binovi Technologies Corp's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Binovi Technologies Corp (BNVIF) | $-2.32 Million | -26.07% | N/A | $2.50K |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |