Hash Labs Inc
Coro Global Inc. develops and commercializes financial technology products in the United States and the District of Columbia. It offers Coro, a mobile application that allows customers to send, receive, and exchange the United States dollars and gold; and Financial Crime Risk Management, an integrated anti-money laundering/know your customer onboarding and transaction monitoring solution that pro… Read more
Hash Labs Inc (CGLO) - Net Assets
Latest net assets as of June 2021: $237.74K USD
Based on the latest financial reports, Hash Labs Inc (CGLO) has net assets worth $237.74K USD as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.03 Million) and total liabilities ($793.60K). 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 | $237.74K |
| % of Total Assets | 23.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | 84.1% |
| Growth Volatility | 1294.21 |
Hash Labs Inc - Net Assets Trend (2000–2020)
This chart illustrates how Hash Labs 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 Hash Labs Inc (2000–2020)
The table below shows the annual net assets of Hash Labs Inc from 2000 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $302.01K | +97.03% |
| 2019-12-31 | $153.29K | +132.30% |
| 2018-12-31 | $-474.62K | +48.60% |
| 2017-12-31 | $-923.38K | -116.01% |
| 2016-12-31 | $-427.48K | -11238.99% |
| 2015-12-31 | $-3.77K | -102.24% |
| 2014-12-31 | $168.48K | +132.21% |
| 2013-12-31 | $-523.08K | +90.01% |
| 2012-12-31 | $-5.24 Million | -3291.63% |
| 2011-12-31 | $164.04K | -39.81% |
| 2010-12-31 | $272.56K | +145.43% |
| 2009-12-31 | $-599.95K | -277.47% |
| 2008-12-31 | $-158.94K | -219.75% |
| 2007-12-31 | $132.72K | +107.60% |
| 2006-12-31 | $-1.75 Million | -235.69% |
| 2005-12-31 | $-519.90K | -18.16% |
| 2003-12-31 | $-440.00K | -51.72% |
| 2002-12-31 | $-290.00K | -52.63% |
| 2001-12-31 | $-190.00K | -26.67% |
| 2000-12-31 | $-150.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hash Labs 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 4458421200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.51K | 0.83% |
| Other Components | $44.94 Million | 14881.38% |
| Total Equity | $302.01K | 100.00% |
Hash Labs Inc Competitors by Market Cap
The table below lists competitors of Hash Labs Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dryden Gold Corp.
V:DRY
|
$2.13K |
|
Lanka Milk Foods PLC
CM:LMFN0000
|
$2.13K |
|
ELLIPTIC LABORATOR.NK001
F:EIP
|
$2.13K |
|
Standard Chartered Bank Pakistan Ltd
KAR:SCBPL
|
$2.13K |
|
UNGA GROUP LTD
XNAI:UNGA
|
$2.13K |
|
Bolan Casting Ltd
KAR:BCL
|
$2.13K |
|
CHINA SUNSHINE PAPE
BE:5CS
|
$2.13K |
|
Lexington Gold Ltd
LSE:LEX
|
$2.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hash Labs Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 153,286 to 302,013, a change of 148,727 (97.0%).
- Net loss of 5,518,000 reduced equity.
- New share issuances of 3,685,000 increased equity.
- Other comprehensive income increased equity by 2,242.
- Other factors increased equity by 1,979,485.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.52 Million | -1827.07% |
| Share Issuances | $3.69 Million | +1220.15% |
| Other Comprehensive Income | $2.24K | +0.74% |
| Other Changes | $1.98 Million | +655.43% |
| Total Change | $- | 97.03% |
Book Value vs Market Value Analysis
This analysis compares Hash Labs 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: 0.02x
- 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 |
|---|---|---|---|
| 1999-12-31 | $-10000.00 | $0.00 | x |
| 2000-12-31 | $-150000.00 | $0.00 | x |
| 2001-12-31 | $-190000.00 | $0.00 | x |
| 2002-12-31 | $-290000.00 | $0.00 | x |
| 2003-12-31 | $-440000.00 | $0.00 | x |
| 2004-12-31 | $-570000.00 | $0.00 | x |
| 2005-12-31 | $-519905.00 | $0.00 | x |
| 2006-12-31 | $-1745260.00 | $0.00 | x |
| 2007-12-31 | $74.27 | $0.00 | x |
| 2008-12-31 | $-15893.70 | $0.00 | x |
| 2009-12-31 | $-8218.44 | $0.00 | x |
| 2010-12-31 | $1584.66 | $0.00 | x |
| 2011-12-31 | $832.72 | $0.00 | x |
| 2012-12-31 | $-2691.88 | $0.00 | x |
| 2013-12-31 | $-98.55 | $0.00 | x |
| 2014-12-31 | $8.36 | $0.00 | x |
| 2015-12-31 | $-0.03 | $0.00 | x |
| 2016-12-31 | $-2.97 | $0.00 | x |
| 2017-12-31 | $-6.10 | $0.00 | x |
| 2018-12-31 | $-0.03 | $0.00 | x |
| 2019-12-31 | $0.01 | $0.00 | x |
| 2020-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hash Labs 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): -1827.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -795100.86%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.27x
- Recent ROE (-1827.07%) is below the historical average (-459.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -33.33% | 0.00x | 0.00x | $-29.00K |
| 2000 | 0.00% | -740.00% | 1.67x | 0.00x | $-355.00K |
| 2001 | 0.00% | -4800.00% | 0.04x | 0.00x | $-461.00K |
| 2002 | 0.00% | -594.12% | 0.36x | 0.00x | $-981.00K |
| 2003 | 0.00% | -63.27% | 1.02x | 0.00x | $-266.00K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-103.00K |
| 2005 | 0.00% | -6256.88% | 0.02x | 0.00x | $-411.21K |
| 2006 | 0.00% | -9659.74% | 0.23x | 0.00x | $-3.43 Million |
| 2007 | -3135.05% | -9278.21% | 0.03x | 11.12x | $-4.17 Million |
| 2008 | 0.00% | -3714.02% | 0.55x | 0.00x | $-1.96 Million |
| 2009 | 0.00% | -15175.54% | 0.15x | 0.00x | $-2.10 Million |
| 2010 | -914.29% | -1861.52% | 0.22x | 2.20x | $-2.52 Million |
| 2011 | -1267.34% | -419.62% | 1.40x | 2.16x | $-2.10 Million |
| 2012 | 0.00% | -29.08% | 0.07x | 0.00x | $512.17K |
| 2013 | 0.00% | 3562.87% | 0.07x | 0.00x | $1.48 Million |
| 2014 | 202.73% | 449.48% | 0.22x | 2.01x | $324.71K |
| 2015 | 0.00% | -2563.95% | 0.98x | 0.00x | $-1.16 Million |
| 2016 | 0.00% | -1279.12% | 2.06x | 0.00x | $-380.96K |
| 2017 | 0.00% | -3131.10% | 7.44x | 0.00x | $-1.22 Million |
| 2018 | 0.00% | -62050.89% | 0.03x | 0.00x | $-3.98 Million |
| 2019 | -3164.27% | 0.00% | 0.00x | 3.18x | $-4.87 Million |
| 2020 | -1827.07% | -795100.86% | 0.00x | 3.27x | $-5.55 Million |
Industry Comparison
This section compares Hash Labs Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hash Labs Inc (CGLO) | $237.74K | 0.00% | 3.34x | $2.13K |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |