Currency Exchange International Corp
Currency Exchange International, Corp., together with its subsidiary, Exchange Bank of Canada, provides foreign exchange technology and processing services in Canada and the United States. The company offers financial institutions, international wire payments, foreign check clearing, foreign bank note exchange, and foreign draft issuance solutions; corporations, hedging and risk management, and i… Read more
Currency Exchange International Corp (CURN) - Net Assets
Latest net assets as of January 2025: $79.45 Million USD
Based on the latest financial reports, Currency Exchange International Corp (CURN) has net assets worth $79.45 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($123.12 Million) and total liabilities ($43.67 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 | $79.45 Million |
| % of Total Assets | 64.53% |
| Annual Growth Rate | 26.96% |
| 5-Year Change | 36.34% |
| 10-Year Change | 67.37% |
| Growth Volatility | 44.44 |
Currency Exchange International Corp - Net Assets Trend (2008–2024)
This chart illustrates how Currency Exchange International 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 Currency Exchange International Corp (2008–2024)
The table below shows the annual net assets of Currency Exchange International Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $79.39 Million | +0.20% |
| 2023-10-31 | $79.23 Million | +14.32% |
| 2022-10-31 | $69.31 Million | +19.46% |
| 2021-10-31 | $58.02 Million | -0.37% |
| 2020-10-31 | $58.23 Million | -12.21% |
| 2019-10-31 | $66.33 Million | +5.75% |
| 2018-10-31 | $62.72 Million | +11.03% |
| 2017-10-31 | $56.49 Million | +11.31% |
| 2016-10-31 | $50.75 Million | +6.99% |
| 2015-10-31 | $47.44 Million | +43.64% |
| 2014-10-31 | $33.03 Million | +10.78% |
| 2013-10-31 | $29.81 Million | +83.72% |
| 2012-10-31 | $16.23 Million | +163.45% |
| 2011-10-31 | $6.16 Million | +84.21% |
| 2010-10-31 | $3.34 Million | +68.65% |
| 2009-10-31 | $1.98 Million | +13.82% |
| 2008-10-31 | $1.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Currency Exchange International 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 grown by 4518788900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $45.18 Million | 56.91% |
| Common Stock | $6.33 Million | 7.98% |
| Other Comprehensive Income | $-6.52 Million | -8.22% |
| Other Components | $34.40 Million | 43.33% |
| Total Equity | $79.39 Million | 100.00% |
Currency Exchange International Corp Competitors by Market Cap
The table below lists competitors of Currency Exchange International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Botetourt
PINK:BORTP
|
$58.52 Million |
|
CTCBIO Inc
KQ:060590
|
$58.53 Million |
|
RS Public Company Limited
BK:RS-R
|
$58.53 Million |
|
AS Tallinna Vesi
F:A1T
|
$58.54 Million |
|
Hoang Quan Consulting Trading Service Real Estate Corp
VN:HQC
|
$58.51 Million |
|
Patriot One Technologies Inc
F:0PL
|
$58.49 Million |
|
Zen Voce
TWO:3581
|
$58.49 Million |
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
$58.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Currency Exchange International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,232,981 to 79,392,355, a change of 159,374 (0.2%).
- Net income of 2,473,849 contributed positively to equity growth.
- Share repurchases of 2,749,308 reduced equity.
- Other comprehensive income decreased equity by 3,776,779.
- Other factors increased equity by 4,211,612.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.47 Million | +3.12% |
| Share Repurchases | $2.75 Million | -3.46% |
| Other Comprehensive Income | $-3.78 Million | -4.76% |
| Other Changes | $4.21 Million | +5.3% |
| Total Change | $- | 0.20% |
Book Value vs Market Value Analysis
This analysis compares Currency Exchange International 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
- Current price-to-book ratio: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 31.89x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-10-31 | $0.45 | $14.34 | x |
| 2009-10-31 | $0.51 | $14.34 | x |
| 2011-10-31 | $2.73 | $14.34 | x |
| 2012-10-31 | $4.96 | $14.34 | x |
| 2014-10-31 | $5.99 | $14.34 | x |
| 2015-10-31 | $7.82 | $14.34 | x |
| 2016-10-31 | $8.09 | $14.34 | x |
| 2017-10-31 | $9.01 | $14.34 | x |
| 2018-10-31 | $9.89 | $14.34 | x |
| 2019-10-31 | $10.34 | $14.34 | x |
| 2020-10-31 | $9.08 | $14.34 | x |
| 2021-10-31 | $9.04 | $14.34 | x |
| 2022-10-31 | $10.44 | $14.34 | x |
| 2023-10-31 | $11.83 | $14.34 | x |
| 2024-10-31 | $12.10 | $14.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Currency Exchange International 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): 3.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.90%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.65x
- Recent ROE (3.12%) is below the historical average (7.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 2.17% | 1.58% | 0.78x | 1.77x | $-136.32K |
| 2009 | 10.87% | 5.75% | 0.95x | 1.99x | $17.22K |
| 2010 | 3.87% | 3.79% | 0.68x | 1.50x | $-205.13K |
| 2011 | 24.19% | 17.15% | 0.88x | 1.61x | $873.75K |
| 2012 | 16.75% | 22.07% | 0.68x | 1.12x | $1.09 Million |
| 2013 | 8.87% | 16.52% | 0.47x | 1.13x | $-335.23K |
| 2014 | 10.35% | 15.54% | 0.55x | 1.20x | $116.61K |
| 2015 | 7.61% | 14.99% | 0.46x | 1.10x | $-1.14 Million |
| 2016 | 7.18% | 13.58% | 0.43x | 1.23x | $-1.43 Million |
| 2017 | 6.76% | 11.77% | 0.51x | 1.13x | $-1.83 Million |
| 2018 | 6.74% | 10.81% | 0.53x | 1.17x | $-2.04 Million |
| 2019 | 4.41% | 7.00% | 0.51x | 1.25x | $-3.71 Million |
| 2020 | -14.64% | -34.08% | 0.29x | 1.47x | $-14.35 Million |
| 2021 | -1.95% | -3.74% | 0.30x | 1.77x | $-6.93 Million |
| 2022 | 17.00% | 17.78% | 0.53x | 1.81x | $4.85 Million |
| 2023 | 12.87% | 12.44% | 0.62x | 1.67x | $2.27 Million |
| 2024 | 3.12% | 2.90% | 0.65x | 1.65x | $-5.47 Million |
Industry Comparison
This section compares Currency Exchange International Corp's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Currency Exchange International Corp (CURN) | $79.45 Million | 2.17% | 0.55x | $58.51 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |