B2digital Inc
B2Digital, Incorporated operates as a live event sports company in the United States. The operates in two segments, The B2 Fighting Series and The Official B2 Training Facilities. The B2 Fighting Series segment engages in the scheduling, organizing, producing, and marketing live mixed martial arts (MMA) events; selling of live event ticket and pay-per-view tickets; and provision of content media … Read more
B2digital Inc (BTDG) - Net Assets
Latest net assets as of December 2022: $-28.83 Million USD
Based on the latest financial reports, B2digital Inc (BTDG) has net assets worth $-28.83 Million USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($642.94K) and total liabilities ($29.47 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 | $-28.83 Million |
| % of Total Assets | -4483.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | -27024.91% |
| 10-Year Change | -3646.33% |
| Growth Volatility | 196.1 |
B2digital Inc - Net Assets Trend (2001–2022)
This chart illustrates how B2digital 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 B2digital Inc (2001–2022)
The table below shows the annual net assets of B2digital Inc from 2001 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-03-31 | $-10.20 Million | -565.49% |
| 2021-03-31 | $-1.53 Million | -625.44% |
| 2020-03-31 | $-211.37K | -242.11% |
| 2019-03-31 | $148.74K | +292.46% |
| 2018-03-31 | $37.90K | +169.25% |
| 2017-03-31 | $-54.73K | -153.78% |
| 2016-03-31 | $101.76K | +110.90% |
| 2013-03-31 | $-933.33K | -410.22% |
| 2012-03-31 | $300.86K | +4.56% |
| 2011-03-31 | $287.74K | +20.82% |
| 2009-03-31 | $238.16K | +7.24% |
| 2008-03-31 | $222.08K | +113.44% |
| 2007-03-31 | $-1.65 Million | +40.87% |
| 2006-03-31 | $-2.80 Million | -3.50% |
| 2005-03-31 | $-2.70 Million | -353.45% |
| 2004-03-31 | $-595.64K | -137.36% |
| 2003-03-31 | $1.59 Million | +238.46% |
| 2002-03-31 | $-1.15 Million | -82.22% |
| 2001-03-31 | $-631.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to B2digital 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 1910834600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.85K | % |
| Other Components | $10.25 Million | % |
| Total Equity | $-10.20 Million | 100.00% |
B2digital Inc Competitors by Market Cap
The table below lists competitors of B2digital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Balwin Properties Ltd
JSE:BWN
|
$767.27K |
|
Potash America Inc
PINK:PTAM
|
$767.56K |
|
Petro Viking Energy Inc
PINK:PTRVF
|
$767.77K |
|
ASTRAZENECA SP ADS
STU:ZEGA
|
$767.82K |
|
Hepion Pharmaceuticals Inc
NASDAQ:HEPA
|
$766.94K |
|
LATTICE SEMICONDUCT
MU:LTT
|
$766.76K |
|
Metalyst Forgings Limited
NSE:METALFORGE
|
$766.45K |
|
SOLARVEST BIOENER
F:0ZJ
|
$766.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B2digital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -1,533,336 to -10,204,271, a change of -8,670,935.
- Net loss of 12,209,115 reduced equity.
- Share repurchases of 74,700 reduced equity.
- New share issuances of 1,225,000 increased equity.
- Other factors increased equity by 2,387,880.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.21 Million | -119.65% |
| Share Repurchases | $74.70K | -0.73% |
| Share Issuances | $1.23 Million | +12.0% |
| Other Changes | $2.39 Million | +23.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares B2digital 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 |
|---|---|---|---|
| 2001-03-31 | $-52662.75 | $0.00 | x |
| 2002-03-31 | $-4054.77 | $0.00 | x |
| 2003-03-31 | $4731.36 | $0.00 | x |
| 2004-03-31 | $-148910.50 | $0.00 | x |
| 2005-03-31 | $-1422.29 | $0.00 | x |
| 2006-03-31 | $-381.00 | $0.00 | x |
| 2007-03-31 | $-2.80 | $0.00 | x |
| 2012-03-31 | $0.01 | $0.00 | x |
| 2017-03-31 | $0.00 | $0.00 | x |
| 2018-03-31 | $0.00 | $0.00 | x |
| 2019-03-31 | $0.00 | $0.00 | x |
| 2020-03-31 | $0.00 | $0.00 | x |
| 2021-03-31 | $0.00 | $0.00 | x |
| 2022-03-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B2digital 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: -487.92%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-33.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -2292500.00% | 0.00x | 0.00x | $40.27K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-917.43K |
| 2003 | -26.75% | 0.00% | 0.00x | 1.27x | $-585.92K |
| 2004 | 0.00% | -475.17% | 0.28x | 0.00x | $-2.16 Million |
| 2005 | 0.00% | -702.28% | 1.36x | 0.00x | $-4.53 Million |
| 2006 | 0.00% | -266.55% | 3.57x | 0.00x | $-1.08 Million |
| 2007 | 0.00% | -412.80% | 0.58x | 0.00x | $-1.02 Million |
| 2008 | 5.38% | 5.72% | 0.57x | 1.64x | $-10.27K |
| 2009 | 6.76% | 10.64% | 0.40x | 1.58x | $-7.73K |
| 2011 | -34.44% | -232.99% | 0.10x | 1.54x | $-127.88K |
| 2012 | 4.36% | 100.00% | 0.03x | 1.51x | $-16.97K |
| 2013 | 0.00% | -308382.00% | 0.00x | 0.00x | $-60.86K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.99K |
| 2018 | -466.36% | -103.30% | 0.61x | 7.35x | $-180.53K |
| 2019 | -93.40% | -40.07% | 1.00x | 2.34x | $-153.79K |
| 2020 | 0.00% | -236.85% | 0.77x | 0.00x | $-1.39 Million |
| 2021 | 0.00% | -619.64% | 0.33x | 0.00x | $-5.74 Million |
| 2022 | 0.00% | -487.92% | 1.89x | 0.00x | $-11.19 Million |
Industry Comparison
This section compares B2digital Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B2digital Inc (BTDG) | $-28.83 Million | 0.00% | N/A | $767.23K |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |