Clear Blue Technologies International Inc
Clear Blue Technologies International Inc., a smart off-grid company, develops and sells off-grid power and hybrid smart solutions to the power, control, monitor, manage, and service solar and hybrid powered systems in Canada, the United States, the Middle East, Africa, and internationally. Its products are used in streetlights, security systems, telecommunications systems, emergency power, and I… Read more
Clear Blue Technologies International Inc (CBUTF) - Net Assets
Latest net assets as of September 2025: $-5.37 Million USD
Based on the latest financial reports, Clear Blue Technologies International Inc (CBUTF) has net assets worth $-5.37 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.95 Million) and total liabilities ($11.32 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 | $-5.37 Million |
| % of Total Assets | -90.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | -460.08% |
| 10-Year Change | N/A |
| Growth Volatility | 3128.78 |
Clear Blue Technologies International Inc - Net Assets Trend (2016–2024)
This chart illustrates how Clear Blue Technologies International 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 Clear Blue Technologies International Inc (2016–2024)
The table below shows the annual net assets of Clear Blue Technologies International Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.48 Million | +1.15% |
| 2023-12-31 | $-4.54 Million | -63.26% |
| 2022-12-31 | $-2.78 Million | -1190.73% |
| 2021-12-31 | $-215.24K | -117.29% |
| 2020-12-31 | $1.25 Million | +638.69% |
| 2019-12-31 | $-231.16K | -111.88% |
| 2018-12-31 | $1.95 Million | +7117.24% |
| 2017-12-31 | $26.95K | -95.85% |
| 2016-12-31 | $649.81K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clear Blue Technologies International 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 4405538600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.25 Million | % |
| Other Comprehensive Income | $12.33 Million | % |
| Total Equity | $-4.48 Million | 100.00% |
Clear Blue Technologies International Inc Competitors by Market Cap
The table below lists competitors of Clear Blue Technologies International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crown LNG Holdings Limited Warrants
NASDAQ:CGBSW
|
$834.21K |
|
Era Graharealty PT Tbk
JK:IPAC
|
$834.38K |
|
DECKERS OUTDOOR
BE:DO2
|
$834.57K |
|
EN Shoham Business Ltd
TA:SHOM
|
$834.58K |
|
Colossus Resources Corp.
V:CLUS
|
$833.27K |
|
CAWRF
PINK:CAWRF
|
$831.87K |
|
MSTEV
OTCGREY:MSTEV
|
$830.95K |
|
SHAREHOLD VAL BET.
BE:SVE
|
$830.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clear Blue Technologies International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,535,741 to -4,483,796, a change of 51,945.
- Net loss of 11,026,174 reduced equity.
- Other comprehensive income increased equity by 4,933,668.
- Other factors increased equity by 6,144,451.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.03 Million | -245.91% |
| Other Comprehensive Income | $4.93 Million | +110.03% |
| Other Changes | $6.14 Million | +137.04% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Clear Blue Technologies International 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 |
|---|---|---|---|
| 2016-12-31 | $0.02 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.07 | $0.01 | x |
| 2019-12-31 | $-0.01 | $0.01 | x |
| 2020-12-31 | $0.03 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $-0.03 | $0.01 | x |
| 2023-12-31 | $-0.04 | $0.01 | x |
| 2024-12-31 | $-0.22 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clear Blue Technologies International 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: -399.75%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1506.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.31% | -0.18% | 0.45x | 3.87x | $-66.98K |
| 2017 | -12830.90% | -150.62% | 0.61x | 138.81x | $-3.46 Million |
| 2018 | -416.37% | -214.24% | 0.84x | 2.31x | $-8.29 Million |
| 2019 | 0.00% | -128.47% | 0.75x | 0.00x | $-5.08 Million |
| 2020 | -307.11% | -95.04% | 0.48x | 6.74x | $-3.95 Million |
| 2021 | 0.00% | -41.86% | 0.73x | 0.00x | $-3.39 Million |
| 2022 | 0.00% | -217.94% | 0.24x | 0.00x | $-5.47 Million |
| 2023 | 0.00% | -72.06% | 0.45x | 0.00x | $-3.44 Million |
| 2024 | 0.00% | -399.75% | 0.47x | 0.00x | $-10.58 Million |
Industry Comparison
This section compares Clear Blue Technologies International Inc's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $471,849,045
- Average return on equity (ROE) among peers: 1.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clear Blue Technologies International Inc (CBUTF) | $-5.37 Million | -0.31% | N/A | $834.08K |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |