Code Green Apparel Corp
Code Green Apparel Corporation engages in Bitcoin mining operations. It is involved in the sale of mined Bitcoin for cash and distributes dividends with respect to holders of capital stock. The company was formerly known as J.D. Hutt Corporation and changed its name to Code Green Apparel Corp. in May 2015. Code Green Apparel Corp. was founded in 2007 and is based in Bee Cave, Texas.
Code Green Apparel Corp (CGAC) - Net Assets
Latest net assets as of September 2017: $-3.11 Million USD
Based on the latest financial reports, Code Green Apparel Corp (CGAC) has net assets worth $-3.11 Million USD as of September 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.48K) and total liabilities ($3.13 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 | $-3.11 Million |
| % of Total Assets | -29733.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Code Green Apparel Corp - Net Assets Trend (2008–2021)
This chart illustrates how Code Green Apparel 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 Code Green Apparel Corp (2008–2021)
The table below shows the annual net assets of Code Green Apparel Corp from 2008 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-1.42 Million | +49.05% |
| 2016-12-31 | $-2.78 Million | -125.02% |
| 2015-12-31 | $-1.24 Million | -19.58% |
| 2014-12-31 | $-1.03 Million | -66.89% |
| 2013-12-31 | $-619.61K | -171.78% |
| 2010-12-31 | $-227.98K | -103.78% |
| 2009-12-31 | $-111.88K | -224.32% |
| 2008-12-31 | $-34.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Code Green Apparel 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 1320454400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.51 Million | % |
| Other Comprehensive Income | $6.00 | % |
| Other Components | $10.11 Million | % |
| Total Equity | $-649.62K | 100.00% |
Code Green Apparel Corp Competitors by Market Cap
The table below lists competitors of Code Green Apparel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bruush Oral Care Inc.
NASDAQ:BRSHF
|
$335.48 |
|
Interact Holdings Group Inc
PINK:IHGP
|
$335.63 |
|
Tern Plc
LSE:TERN
|
$335.79 |
|
Aisha Steel Mills Ltd
KAR:ASL
|
$336.23 |
|
AMBP3F
SA:AMBP3F
|
$334.33 |
|
Loxley PCL
STU:NVAI
|
$334.01 |
|
CHINA WINDPOWER
MU:HK51
|
$333.07 |
|
T.U. Dome Residential Complex Leasehold Property Fund
BK:TU-PF
|
$332.77 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Code Green Apparel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -1,417,529 to -649,618, a change of 767,911.
- Net loss of 137,000 reduced equity.
- Other comprehensive income increased equity by 6.
- Other factors increased equity by 904,905.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-137.00K | -21.09% |
| Other Comprehensive Income | $6.00 | +0.0% |
| Other Changes | $904.90K | +139.3% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Code Green Apparel 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 |
|---|---|---|---|
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $-3.90 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Code Green Apparel 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.05K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-592.30K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.13 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-501.45K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $4.01K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.27 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.66 Million |
| 2016 | 0.00% | -986.96% | 6.16x | 0.00x | $-2.38 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.35 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.04K |
Industry Comparison
This section compares Code Green Apparel Corp'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 |
|---|---|---|---|---|
| Code Green Apparel Corp (CGAC) | $-3.11 Million | 0.00% | N/A | $334.55 |
| 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 |