Carsmartt Inc
Related Blocks, Inc., through its subsidiaries, engages in the technology, construction, real estate, and import/export businesses in the United States. The company undertakes commercial and residential projects; and provides repair/restoration services. It is also involved in the Fintech, crypto, blockchain, and software businesses. The company was formerly known as Smartt, Inc. and changed its … Read more
Carsmartt Inc (CRSM) - Net Assets
Latest net assets as of December 2024: $2.03 Million USD
Based on the latest financial reports, Carsmartt Inc (CRSM) has net assets worth $2.03 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.18 Million) and total liabilities ($148.80K). 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 | $2.03 Million |
| % of Total Assets | 93.18% |
| Annual Growth Rate | 31.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 57.91 |
Carsmartt Inc - Net Assets Trend (2007–2024)
This chart illustrates how Carsmartt 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 Carsmartt Inc (2007–2024)
The table below shows the annual net assets of Carsmartt Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.03 Million | +0.36% |
| 2023-12-31 | $2.02 Million | +3.73% |
| 2022-12-31 | $1.95 Million | +3.55% |
| 2021-12-31 | $1.88 Million | +9333.23% |
| 2020-12-31 | $-20.41K | +99.68% |
| 2018-12-31 | $-6.46 Million | -112773.28% |
| 2016-12-31 | $-5.72K | -131.16% |
| 2007-12-31 | $18.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carsmartt 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 3449200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.96K | 0.29% |
| Other Components | $2.10 Million | 103.29% |
| Total Equity | $2.03 Million | 100.00% |
Carsmartt Inc Competitors by Market Cap
The table below lists competitors of Carsmartt Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LHRREIT
BK:LHRREIT
|
$1.15K |
|
CNTRD
OTCQB:CNTRD
|
$1.15K |
|
WINHA INTERNATIONAL GROUP LTD
PINK:WINH
|
$1.15K |
|
GCL-POLY ENERGY
BE:3GY
|
$1.15K |
|
QUBICGAMES S.A. ZY -10
F:QA7
|
$1.15K |
|
SUNAC CHINA HLDGS (SCNR.SG)
STU:SCNR
|
$1.14K |
|
W.H.Ireland Group
LSE:WHI
|
$1.14K |
|
Eco-Growth Strategies Inc
PINK:ECGS
|
$1.14K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carsmartt Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,024,563 to 2,031,870, a change of 7,307 (0.4%).
- Net income of 7,306 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,963.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.31K | +0.36% |
| Other Comprehensive Income | $5.96K | +0.29% |
| Other Changes | $-5.96K | -0.29% |
| Total Change | $- | 0.36% |
Book Value vs Market Value Analysis
This analysis compares Carsmartt 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: 0.56x
- 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.
- The price-to-book ratio has increased from 0.09x to 0.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.02 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $-0.02 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carsmartt 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): 0.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.48%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.07x
- Recent ROE (0.36%) is above the historical average (-75.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -208.03% | -0.95% | 97.83x | 2.23x | $-40.06K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-372.95K |
| 2018 | 0.00% | 4.31% | 2.48x | 0.00x | $1.46 Million |
| 2019 | -477.15% | -467.35% | 1.02x | 1.00x | $-172.41K |
| 2020 | 0.00% | -765.59% | 0.15x | 0.00x | $-79.72K |
| 2021 | 1.64% | 62.21% | 0.02x | 1.09x | $-157.65K |
| 2022 | 3.43% | 28.17% | 0.11x | 1.08x | $-128.27K |
| 2023 | 3.60% | 57.06% | 0.06x | 1.07x | $-129.58K |
| 2024 | 0.36% | 21.48% | 0.02x | 1.07x | $-195.88K |
Industry Comparison
This section compares Carsmartt Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carsmartt Inc (CRSM) | $2.03 Million | -208.03% | 0.07x | $1.15K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |