Clearwave Telecommunications Inc
Clearwave Telecommunications, Inc. provides voice and telecommunication services including VoIP, calling cards, and direct SMS messaging. Clearwave Telecommunications, Inc. was formerly known as Limitless Communications, Inc. and changed its name to Clearwave Telecommunications, Inc. in July 2015. The company is based in Dallas, Texas.
Clearwave Telecommunications Inc (CWTC) - Net Assets
Latest net assets as of September 2015: $-46.53K USD
Based on the latest financial reports, Clearwave Telecommunications Inc (CWTC) has net assets worth $-46.53K USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.50K) and total liabilities ($84.03K). 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 | $-46.53K |
| % of Total Assets | -124.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.96 |
Clearwave Telecommunications Inc - Net Assets Trend (2001–2015)
This chart illustrates how Clearwave Telecommunications 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 Clearwave Telecommunications Inc (2001–2015)
The table below shows the annual net assets of Clearwave Telecommunications Inc from 2001 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-06-30 | $-262.53K | +83.79% |
| 2012-06-30 | $-1.62 Million | +14.29% |
| 2011-06-30 | $-1.89 Million | +9.28% |
| 2010-06-30 | $-2.08 Million | -14.46% |
| 2009-06-30 | $-1.82 Million | +33.80% |
| 2008-06-30 | $-2.75 Million | -7.47% |
| 2007-06-30 | $-2.56 Million | +0.40% |
| 2006-06-30 | $-2.57 Million | -239.28% |
| 2005-06-30 | $-756.94K | +3.92% |
| 2004-06-30 | $-787.86K | -380.68% |
| 2003-06-30 | $-163.90K | -122.44% |
| 2002-06-30 | $730.54K | -86.52% |
| 2001-06-30 | $5.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clearwave Telecommunications 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 grown by 564518600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.86K | % |
| Other Components | $511.09K | % |
| Total Equity | $-262.53K | 100.00% |
Clearwave Telecommunications Inc Competitors by Market Cap
The table below lists competitors of Clearwave Telecommunications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rushnet Inc
PINK:RSHN
|
$1.90 |
|
CTGX Mining Inc
PINK:CHCX
|
$1.90 |
|
Auri Inc
PINK:AURI
|
$1.91 |
|
Ecom Products Group Corporation
PINK:EPGC
|
$1.91 |
|
Democrasoft Holdings Inc
PINK:DEMO
|
$1.90 |
|
Blue Diamond Ventures Inc
PINK:BLDV
|
$1.90 |
|
Saguaro Holdings Corp
PINK:SGUJ
|
$1.90 |
|
Triple P N.V
PINK:TPPPF
|
$1.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clearwave Telecommunications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2015, total equity changed from -1,619,524 to -262,526, a change of 1,356,998.
- Net loss of 636,540 reduced equity.
- Other factors increased equity by 1,993,538.
Equity Change Factors (2012 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-636.54K | -242.47% |
| Other Changes | $1.99 Million | +759.37% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Clearwave Telecommunications 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 |
|---|---|---|---|
| 2001-06-30 | $231.67 | $0.00 | x |
| 2002-06-30 | $31.40 | $0.00 | x |
| 2003-06-30 | $-4.70 | $0.00 | x |
| 2004-06-30 | $-17.10 | $0.00 | x |
| 2005-06-30 | $-6.56 | $0.00 | x |
| 2006-06-30 | $-21.16 | $0.00 | x |
| 2007-06-30 | $-18.64 | $0.00 | x |
| 2008-06-30 | $-16.26 | $0.00 | x |
| 2009-06-30 | $-10.58 | $0.00 | x |
| 2010-06-30 | $-12.03 | $0.00 | x |
| 2011-06-30 | $-10.92 | $0.00 | x |
| 2012-06-30 | $-9.06 | $0.00 | x |
| 2015-06-30 | $-8.96 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clearwave Telecommunications 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-65.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -88.90% | -382.77% | 0.21x | 1.08x | $-5.26 Million |
| 2002 | -762.89% | -626.93% | 0.51x | 2.40x | $-5.65 Million |
| 2003 | 0.00% | -510.64% | 6.24x | 0.00x | $-4.38 Million |
| 2004 | 0.00% | -504.49% | 2.20x | 0.00x | $-934.00K |
| 2005 | 0.00% | -473.97% | 1.80x | 0.00x | $-2.09 Million |
| 2006 | 0.00% | -409.88% | 3.91x | 0.00x | $-2.71 Million |
| 2007 | 0.00% | -133.46% | 3.58x | 0.00x | $-1.18 Million |
| 2008 | 0.00% | -87.04% | 4.88x | 0.00x | $-994.09K |
| 2009 | 0.00% | 39.76% | 9.80x | 0.00x | $968.50K |
| 2010 | 0.00% | 25.20% | 8.90x | 0.00x | $693.71K |
| 2011 | 0.00% | 10.70% | 10.30x | 0.00x | $382.34K |
| 2012 | 0.00% | 18.02% | 4.89x | 0.00x | $432.07K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-610.29K |
Industry Comparison
This section compares Clearwave Telecommunications Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clearwave Telecommunications Inc (CWTC) | $-46.53K | -88.90% | N/A | $1.90 |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |