Mcig Inc
BOTS, Inc. focuses on developing and servicing blockchain and robotics solutions. The company offers decentralized finance applications, cybersecurity, crypto generation, mining, equipment repair, and backup on Bitcoin mining equipment. The company also offers a Bitcoin ATM kiosk; Bidgood is a cloud-based, high-speed algorithmic Binance futures trading platform; GhostDrive is a digital vault that… Read more
Mcig Inc (BTZI) - Net Assets
Latest net assets as of January 2022: $6.91 Million USD
Based on the latest financial reports, Mcig Inc (BTZI) has net assets worth $6.91 Million USD as of January 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.52 Million) and total liabilities ($608.84K). 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 | $6.91 Million |
| % of Total Assets | 91.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | 8.3% |
| 10-Year Change | N/A |
| Growth Volatility | 1156.61 |
Mcig Inc - Net Assets Trend (2012–2022)
This chart illustrates how Mcig 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 Mcig Inc (2012–2022)
The table below shows the annual net assets of Mcig Inc from 2012 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-04-30 | $6.17 Million | +3183.31% |
| 2021-04-30 | $187.99K | -93.45% |
| 2020-04-30 | $2.87 Million | 0.00% |
| 2019-04-30 | $2.87 Million | -49.67% |
| 2018-04-30 | $5.70 Million | +6.59% |
| 2017-04-30 | $5.35 Million | +1855.22% |
| 2016-04-30 | $273.47K | -60.22% |
| 2015-04-30 | $687.43K | -34.02% |
| 2014-04-30 | $1.04 Million | +595.89% |
| 2013-04-30 | $-210.09K | -103.39% |
| 2012-04-30 | $-103.29K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mcig 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 2102283100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $77.59K | 1.26% |
| Other Components | $27.27 Million | 441.83% |
| Total Equity | $6.17 Million | 100.00% |
Mcig Inc Competitors by Market Cap
The table below lists competitors of Mcig Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZhongDe Waste Technology AG
F:ZEF
|
$1.56 Million |
|
Regal Rexnord Corp
STU:RB8
|
$1.56 Million |
|
TomCo Energy Plc
PINK:TMCGF
|
$1.56 Million |
|
MERIT GROUP PLC LS -28
F:HXP0
|
$1.56 Million |
|
DANAHER (DAP.SG)
STU:DAP
|
$1.56 Million |
|
OREGE EO-25
F:4ZF
|
$1.56 Million |
|
Security National Corporation
PINK:SNLC
|
$1.56 Million |
|
MoneyHero Limited Warrants
NASDAQ:MNYWW
|
$1.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mcig Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 202,237 to 6,172,231, a change of 5,969,994 (2952.0%).
- Net loss of 8,026,463 reduced equity.
- Other factors increased equity by 13,996,457.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.03 Million | -130.04% |
| Other Changes | $14.00 Million | +226.76% |
| Total Change | $- | 2951.98% |
Book Value vs Market Value Analysis
This analysis compares Mcig 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: 0.59x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-04-30 | $0.00 | $0.00 | x |
| 2013-04-30 | $0.00 | $0.00 | x |
| 2014-04-30 | $0.00 | $0.00 | x |
| 2015-04-30 | $0.00 | $0.00 | x |
| 2016-04-30 | $0.00 | $0.00 | x |
| 2017-04-30 | $0.01 | $0.00 | x |
| 2018-04-30 | $0.01 | $0.00 | x |
| 2019-04-30 | $0.01 | $0.00 | x |
| 2020-04-30 | $0.01 | $0.00 | x |
| 2021-04-30 | $0.00 | $0.00 | x |
| 2022-04-30 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mcig 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): -130.04%
- 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: 1.10x
- Recent ROE (-130.04%) is above the historical average (-308.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-120.06K |
| 2013 | 0.00% | -213.59% | 2.95x | 0.00x | $-85.79K |
| 2014 | -11.67% | -32.85% | 0.31x | 1.13x | $-225.75K |
| 2015 | -708.36% | -954.87% | 0.73x | 1.02x | $-4.94 Million |
| 2016 | -478.14% | -80.74% | 4.93x | 1.20x | $-1.42 Million |
| 2017 | 28.56% | 31.97% | 0.68x | 1.31x | $992.37K |
| 2018 | -18.48% | -15.21% | 0.90x | 1.34x | $-1.66 Million |
| 2019 | -75.04% | -132.03% | 0.41x | 1.38x | $-3.46 Million |
| 2020 | -75.04% | -132.03% | 0.41x | 1.38x | $-3.46 Million |
| 2021 | -1920.51% | -3377380.87% | 0.00x | 4.53x | $-3.90 Million |
| 2022 | -130.04% | 0.00% | 0.00x | 1.10x | $-8.64 Million |
Industry Comparison
This section compares Mcig Inc'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 |
|---|---|---|---|---|
| Mcig Inc (BTZI) | $6.91 Million | 0.00% | 0.09x | $1.56 Million |
| 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 |