COMSovereign Holding Corp

PINK:COMS USA Communication Equipment
Market Cap
$2.70K
Market Cap Rank
#46900 Global
#14564 in USA
Share Price
$0.00
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.00
All Time High
$1920.00
Categories
Companies in USA Communication Equipment Technology AI & Machine Learning
About

COMSovereign Holding Corp. provides various solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company offers packet microwave solutions that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations; harmony enhanced MC; fastback intelligent backhaul radi… Read more

COMSovereign Holding Corp (COMS) - Net Assets

Latest net assets as of December 2023: $-17.46 Million USD

Based on the latest financial reports, COMSovereign Holding Corp (COMS) has net assets worth $-17.46 Million USD as of December 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.29 Million) and total liabilities ($37.75 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 $-17.46 Million
% of Total Assets -86.07%
Annual Growth Rate N/A
5-Year Change -114.57%
10-Year Change -1071.88%
Growth Volatility 2574.24

COMSovereign Holding Corp - Net Assets Trend (2007–2023)

This chart illustrates how COMSovereign Holding 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 COMSovereign Holding Corp (2007–2023)

The table below shows the annual net assets of COMSovereign Holding Corp from 2007 to 2023.

Year Net Assets Change
2023-12-31 $-15.00 Million -131.15%
2022-12-31 $48.15 Million 0.00%
2021-12-31 $48.15 Million -48.53%
2020-12-31 $93.55 Million -9.13%
2019-12-31 $102.95 Million +9507.11%
2018-12-31 $1.07 Million +146.51%
2017-12-31 $-2.30 Million -262.54%
2016-12-31 $1.42 Million -66.63%
2015-12-31 $4.25 Million +175.18%
2014-12-31 $1.54 Million +501.61%
2013-12-31 $256.56K -37.13%
2012-12-31 $408.07K +129.33%
2011-12-31 $-1.39 Million -1020.93%
2010-12-31 $151.07K +127.79%
2009-12-31 $-543.71K -168.55%
2008-12-31 $793.18K +1223.48%
2007-12-31 $59.93K --

Equity Component Analysis

This analysis shows how different components contribute to COMSovereign Holding 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 29223940600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Other Comprehensive Income $23.00K %
Other Components $282.53 Million %
Total Equity $-15.00 Million 100.00%

COMSovereign Holding Corp Competitors by Market Cap

The table below lists competitors of COMSovereign Holding Corp ranked by their market capitalization.

Company Market Cap
HOTELEST LTD
SEM:HTLS
 		$2.68K
ECGI Holdings Inc
PINK:ECGI
 		$2.68K
Cirata plc
LSE:CRTA
 		$2.69K
ORIENTAL WATCH
BE:OWT
 		$2.69K
Shoe Zone PLC
LSE:SHOE
 		$2.67K
Lanka Ventures PLC
CM:LVENN0000
 		$2.67K
Colombo Fort Land & Building PLC
CM:CFLBN0000
 		$2.67K
American Picture House Corp
OTCQB:APHP
 		$2.66K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in COMSovereign Holding Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 48,151,000 to -15,001,000, a change of -63,152,000 (-131.2%).
  • Net loss of 79,713,000 reduced equity.
  • Dividend payments of 246,000 reduced retained earnings.
  • Other factors increased equity by 16,807,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income $-79.71 Million -531.38%
Dividends Paid $246.00K -1.64%
Other Changes $16.81 Million +112.04%
Total Change $- -131.15%

Book Value vs Market Value Analysis

This analysis compares COMSovereign Holding 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
2007-12-31 $1498.28 $0.00 x
2008-12-31 $19829.40 $0.00 x
2009-12-31 $-6712.47 $0.00 x
2010-12-31 $932.56 $0.00 x
2011-12-31 $-6921.87 $0.00 x
2012-12-31 $1378.60 $0.00 x
2013-12-31 $817.08 $0.00 x
2014-12-31 $1173.77 $0.00 x
2015-12-31 $626.37 $0.00 x
2016-12-31 $61.45 $0.00 x
2017-12-31 $-77.17 $0.00 x
2018-12-31 $33.67 $0.00 x
2019-12-31 $2.41 $0.00 x
2020-12-31 $206.53 $0.00 x
2021-12-31 $59.86 $0.00 x
2022-12-31 $68.34 $0.00 x
2023-12-31 $-13.44 $0.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently COMSovereign Holding 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: -806.98%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-323.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -1116.54% -28.80% 1.70x 22.79x $-675.15K
2008 -132.36% -38.91% 1.74x 1.96x $-1.13 Million
2009 0.00% -194.35% 0.57x 0.00x $-1.80 Million
2010 -1273.24% -301.57% 0.43x 9.79x $-1.94 Million
2011 0.00% -150.35% 0.70x 0.00x $-2.40 Million
2012 -435.23% -59.43% 1.57x 4.65x $-1.82 Million
2013 -93.81% -16.55% 1.19x 4.76x $-266.34K
2014 -137.58% -247.48% 0.50x 1.11x $-2.28 Million
2015 -211.33% -1901.03% 0.10x 1.09x $-9.40 Million
2016 -602.06% -581.12% 0.33x 3.17x $-8.68 Million
2017 0.00% -1836.75% 0.18x 0.00x $-10.09 Million
2018 -790.92% -311.28% 0.77x 3.32x $-8.58 Million
2019 -26.76% -584.55% 0.04x 1.17x $-37.84 Million
2020 -39.64% -393.36% 0.07x 1.40x $-46.44 Million
2021 -317.85% -1210.83% 0.14x 1.84x $-157.86 Million
2022 -317.85% -1688.54% 0.10x 1.84x $-157.86 Million
2023 0.00% -806.98% 0.40x 0.00x $-78.21 Million

Industry Comparison

This section compares COMSovereign Holding Corp'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
COMSovereign Holding Corp (COMS) $-17.46 Million -1116.54% N/A $2.67K
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