Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd. focuses on developing communications systems for critical applications in the blue-chip resource, defense, and government sectors. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.
Critical Infrastructure Technologies Ltd. (CITLF) - Net Assets
Latest net assets as of March 2024: $2.16 Million USD
Based on the latest financial reports, Critical Infrastructure Technologies Ltd. (CITLF) has net assets worth $2.16 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.27 Million) and total liabilities ($2.11 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 | $2.16 Million |
| % of Total Assets | 50.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Critical Infrastructure Technologies Ltd. - Net Assets Trend (2021–2023)
This chart illustrates how Critical Infrastructure Technologies Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Critical Infrastructure Technologies Ltd. (2021–2023)
The table below shows the annual net assets of Critical Infrastructure Technologies Ltd. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $2.39 Million | +192.59% |
| 2022-06-30 | $815.83K | +455.78% |
| 2021-06-30 | $-229.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Critical Infrastructure Technologies Ltd.'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 1223462700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $14.86 Million | 622.48% |
| Total Equity | $2.39 Million | 100.00% |
Critical Infrastructure Technologies Ltd. Competitors by Market Cap
The table below lists competitors of Critical Infrastructure Technologies Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Treasure Island Royalty Trust
PINK:TISDZ
|
$0.90 |
|
Green PolkaDot Box Inc
PINK:GPDB
|
$0.90 |
|
Electro Optical Systems Corp
PINK:EOSC
|
$0.90 |
|
Web Global Holdings Inc
PINK:WEBB
|
$0.90 |
|
AmeriStar Network Inc
PINK:AMWK
|
$0.90 |
|
Renovate Neighborhoods Inc
PINK:RNVT
|
$0.90 |
|
Legends Business Grp
PINK:LGBS
|
$0.90 |
|
1812 Brewing Company Inc
PINK:KEGS
|
$0.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Critical Infrastructure Technologies Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 815,833 to 2,387,023, a change of 1,571,190 (192.6%).
- Net loss of 12,022,516 reduced equity.
- New share issuances of 667,300 increased equity.
- Other factors increased equity by 12,926,406.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.02 Million | -503.66% |
| Share Issuances | $667.30K | +27.96% |
| Other Changes | $12.93 Million | +541.53% |
| Total Change | $- | 192.59% |
Book Value vs Market Value Analysis
This analysis compares Critical Infrastructure Technologies Ltd.'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: 0.00x
- 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 |
|---|---|---|---|
| 2021-06-30 | $0.00 | $0.00 | x |
| 2022-06-30 | $0.01 | $0.00 | x |
| 2023-06-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Critical Infrastructure Technologies Ltd. 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): -503.66%
- 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: 1.74x
- Recent ROE (-503.66%) is below the historical average (-264.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -26.00% | 0.00% | 0.00x | 3.02x | $-293.69K |
| 2023 | -503.66% | 0.00% | 0.00x | 1.74x | $-12.26 Million |
Industry Comparison
This section compares Critical Infrastructure Technologies Ltd.'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Critical Infrastructure Technologies Ltd. (CITLF) | $2.16 Million | -26.00% | 0.97x | $0.90 |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |