Clubhouse Media Group Inc
Clubhouse Media Group, Inc. owns and creates a monetization platform worldwide. The company owns and operates HoneyDrip.com, a digital platform that allows creators to connect with fans and sell exclusive photo and video content. It also provides managed services, including custom content, influencer marketing, amplification, and other campaign management services. Clubhouse Media Group, Inc. is … Read more
Clubhouse Media Group Inc (CMGR) - Net Assets
Latest net assets as of June 2024: $-9.42 Million USD
Based on the latest financial reports, Clubhouse Media Group Inc (CMGR) has net assets worth $-9.42 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($590.31K) and total liabilities ($10.01 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 | $-9.42 Million |
| % of Total Assets | -1595.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 59.12 |
Clubhouse Media Group Inc - Net Assets Trend (2005–2023)
This chart illustrates how Clubhouse Media Group 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 Clubhouse Media Group Inc (2005–2023)
The table below shows the annual net assets of Clubhouse Media Group Inc from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-7.19 Million | +6.35% |
| 2022-12-31 | $-7.68 Million | +16.08% |
| 2021-12-31 | $-9.15 Million | -292.35% |
| 2020-12-31 | $-2.33 Million | -4943.33% |
| 2019-12-31 | $-46.24K | -3030.74% |
| 2018-12-31 | $-1.48K | -200.20% |
| 2017-12-31 | $-492.00 | +99.99% |
| 2016-12-31 | $-6.16 Million | -114.49% |
| 2015-12-31 | $-2.87 Million | -19.53% |
| 2014-12-31 | $-2.40 Million | -20.56% |
| 2013-12-31 | $-1.99 Million | -64.96% |
| 2012-12-31 | $-1.21 Million | -23319.30% |
| 2011-12-31 | $-5.16K | -102.55% |
| 2010-12-31 | $202.08K | +10.49% |
| 2009-12-31 | $182.90K | -62.54% |
| 2008-12-31 | $488.25K | -4.08% |
| 2007-12-31 | $509.00K | +19.33% |
| 2006-12-31 | $426.56K | +81.28% |
| 2005-12-31 | $235.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clubhouse Media Group 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 3505390100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.37K | % |
| Other Components | $27.66 Million | % |
| Total Equity | $-7.51 Million | 100.00% |
Clubhouse Media Group Inc Competitors by Market Cap
The table below lists competitors of Clubhouse Media Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alkame Holdings Inc
PINK:ALKM
|
$549.92K |
|
Fuse Medical Inc
PINK:FZMD
|
$550.43K |
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
$550.65K |
|
Ace Integrated Solutions Limited
NSE:ACEINTEG
|
$550.71K |
|
The Ether Fund
OTCGREY:QETHF
|
$549.37K |
|
Taurus Gold Corp.
PINK:TARGF
|
$548.99K |
|
Barakah Offshore Petroleum Bhd
KLSE:7251
|
$548.68K |
|
Ludan Engineering Co. Ltd
TA:LUDN
|
$548.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clubhouse Media Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -8,063,402 to -7,505,691, a change of 557,711.
- Net loss of 2,369,920 reduced equity.
- Other factors increased equity by 2,927,631.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.37 Million | -31.57% |
| Other Changes | $2.93 Million | +39.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Clubhouse Media Group 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 |
|---|---|---|---|
| 2005-12-31 | $0.02 | $0.00 | x |
| 2006-12-31 | $0.03 | $0.00 | x |
| 2007-12-31 | $0.03 | $0.00 | x |
| 2008-12-31 | $0.03 | $0.00 | x |
| 2009-12-31 | $0.01 | $0.00 | x |
| 2010-12-31 | $0.01 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $-0.08 | $0.00 | x |
| 2013-12-31 | $-0.13 | $0.00 | x |
| 2014-12-31 | $-0.15 | $0.00 | x |
| 2015-12-31 | $-0.18 | $0.00 | x |
| 2016-12-31 | $-0.39 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $-0.03 | $0.00 | x |
| 2021-12-31 | $-0.10 | $0.00 | x |
| 2022-12-31 | $-0.01 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clubhouse Media Group 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: -158.51%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-9.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -6.93% | -1.20% | 1.02x | 5.69x | $-39.83K |
| 2006 | 43.19% | 11.05% | 1.21x | 3.24x | $141.59K |
| 2007 | 9.82% | 2.15% | 0.54x | 8.46x | $-900.00 |
| 2008 | -27.00% | -5.06% | 0.49x | 10.96x | $-180.63K |
| 2009 | -166.29% | -16.36% | 0.32x | 32.18x | $-322.43K |
| 2010 | -27.83% | -2.93% | 0.28x | 33.87x | $-76.44K |
| 2011 | 0.00% | -8.13% | 0.22x | 0.00x | $-217.63K |
| 2012 | 0.00% | -43.44% | 0.20x | 0.00x | $-1.08 Million |
| 2013 | 0.00% | -30.70% | 0.15x | 0.00x | $-530.30K |
| 2014 | 0.00% | -18.32% | 0.15x | 0.00x | $-221.60K |
| 2015 | 0.00% | -24.78% | 0.14x | 0.00x | $-301.23K |
| 2016 | 0.00% | -188.25% | 0.23x | 0.00x | $-3.02 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $6.16 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-837.30 |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $3.64K |
| 2020 | 0.00% | -255.12% | 1.89x | 0.00x | $-2.34 Million |
| 2021 | 0.00% | -522.96% | 2.80x | 0.00x | $-21.33 Million |
| 2022 | 0.00% | -119.77% | 5.05x | 0.00x | $-6.72 Million |
| 2023 | 0.00% | -158.51% | 1.86x | 0.00x | $-1.62 Million |
Industry Comparison
This section compares Clubhouse Media Group Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clubhouse Media Group Inc (CMGR) | $-9.42 Million | -6.93% | N/A | $549.68K |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |