Coin Citadel
Coin Citadel, a digital currency and blockchain investment company, focuses on building, operating, and supporting blockchain technologies. The company engages in cryptocurrency mining activities; and development of exchange and mining pool platforms. The company was formerly known as Global New Energy Industries Inc. and changed its name to Coin Citadel in November 2014. Coin Citadel was incorpo… Read more
Coin Citadel (CCTL) - Net Assets
Latest net assets as of June 2024: $-6.19K USD
Based on the latest financial reports, Coin Citadel (CCTL) has net assets worth $-6.19K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.00K) and total liabilities ($71.19K). 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 | $-6.19K |
| % of Total Assets | -9.52% |
| Annual Growth Rate | -20.04% |
| 5-Year Change | -87.87% |
| 10-Year Change | N/A |
| Growth Volatility | 567.84 |
Coin Citadel - Net Assets Trend (2000–2023)
This chart illustrates how Coin Citadel's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Coin Citadel (2000–2023)
The table below shows the annual net assets of Coin Citadel from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $5.67K | -10.88% |
| 2022-12-31 | $6.37K | -88.89% |
| 2021-12-31 | $57.30K | +1239.61% |
| 2020-12-31 | $4.28K | -90.85% |
| 2019-12-31 | $46.77K | +134.41% |
| 2018-12-31 | $-135.92K | +52.68% |
| 2015-12-31 | $-287.27K | +4.27% |
| 2014-12-31 | $-300.08K | -133.34% |
| 2013-12-31 | $-128.60K | +97.55% |
| 2009-12-31 | $-5.24 Million | -640.01% |
| 2001-12-31 | $970.85K | -0.13% |
| 2000-12-31 | $972.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coin Citadel'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 grown by 56440800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $149.97K | 2642.57% |
| Common Stock | $373.73K | 6585.62% |
| Other Comprehensive Income | $-373.74K | -6585.64% |
| Total Equity | $5.67K | 100.00% |
Coin Citadel Competitors by Market Cap
The table below lists competitors of Coin Citadel ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coin Citadel's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,368 to 5,675, a change of -693 (-10.9%).
- Net loss of 693 reduced equity.
- Other comprehensive income decreased equity by 229,193.
- Other factors increased equity by 229,193.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-693.00 | -12.21% |
| Other Comprehensive Income | $-229.19K | -4038.64% |
| Other Changes | $229.19K | +4038.64% |
| Total Change | $- | -10.88% |
Book Value vs Market Value Analysis
This analysis compares Coin Citadel'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: 65.86x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coin Citadel 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): -12.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.51%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 13.54x
- Recent ROE (-12.21%) is above the historical average (-155.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -27.62% | -10.11% | 2.12x | 1.29x | $-365.66K |
| 2001 | -65.08% | -24.98% | 1.87x | 1.39x | $-728.95K |
| 2009 | 0.00% | -10.22% | 0.03x | 0.00x | $519.14K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.44K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-205.47K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-99.46K |
| 2018 | 0.00% | 124.33% | 1.61x | 0.00x | $121.44K |
| 2019 | 0.00% | 387.22% | 0.13x | 0.00x | $107.28K |
| 2020 | -116.18% | -25.06% | 0.00x | 1304.32x | $-5.40K |
| 2021 | 92.54% | 45.63% | 0.02x | 97.21x | $47.29K |
| 2022 | -1741.94% | -1066.61% | 0.13x | 12.18x | $-111.56K |
| 2023 | -12.21% | -6.51% | 0.14x | 13.54x | $-1.26K |
Industry Comparison
This section compares Coin Citadel's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coin Citadel (CCTL) | $-6.19K | -27.62% | N/A | $0.99 |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |