Digital Asset Monetary Network Inc
Digital Asset Monetary Network, Inc. operates as a public accelerator-incubator. The company funds disruptive and sustainable innovations, solves problems through digital platforms and other electronic applications. The company aligns with other private accelerators and incubators, to form unique partnerships. These partnerships enhance the vetting process, to ensure that the teams, who are deve… Read more
Digital Asset Monetary Network Inc (DATI) - Net Assets
Latest net assets as of June 2024: $-5.75 Million USD
Based on the latest financial reports, Digital Asset Monetary Network Inc (DATI) has net assets worth $-5.75 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 ($1.78 Million) and total liabilities ($7.53 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 | $-5.75 Million |
| % of Total Assets | -322.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Digital Asset Monetary Network Inc - Net Assets Trend (2014–2023)
This chart illustrates how Digital Asset Monetary Network 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 Digital Asset Monetary Network Inc (2014–2023)
The table below shows the annual net assets of Digital Asset Monetary Network Inc from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-5.69 Million | -64.19% |
| 2022-12-31 | $-3.46 Million | -344.83% |
| 2021-12-31 | $-778.38K | +30.68% |
| 2020-12-31 | $-1.12 Million | -67.18% |
| 2019-12-31 | $-671.69K | +33.75% |
| 2018-12-31 | $-1.01 Million | -100.49% |
| 2017-12-31 | $-505.66K | -83.50% |
| 2016-12-31 | $-275.56K | -35.27% |
| 2015-12-31 | $-203.72K | -41.96% |
| 2014-12-31 | $-143.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Digital Asset Monetary Network 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 1305554800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.16K | % |
| Other Comprehensive Income | $1.33 Million | % |
| Other Components | $6.18 Million | % |
| Total Equity | $-5.80 Million | 100.00% |
Digital Asset Monetary Network Inc Competitors by Market Cap
The table below lists competitors of Digital Asset Monetary Network Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GSPTD
PINK:GSPTD
|
$279.30 |
|
IRPC PCL
STU:TPIG
|
$279.64 |
|
DG Innovate PLC
LSE:DGI
|
$280.16 |
|
HYDROTEC GES.F.WASSERT
HM:HYW
|
$280.50 |
|
BANGKOK LAND -F-
MU:OLJ
|
$279.07 |
|
Sancus Lending Group Ltd
LSE:LEND
|
$278.52 |
|
The Mercantile Investment Trust plc
LSE:MRC
|
$278.10 |
|
PINE TECH HLDGS - Dusseldorf Stock Exchang
DU:PNY
|
$278.09 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Digital Asset Monetary Network Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,462,528 to -5,795,884, a change of -2,333,356.
- Net loss of 3,399,838 reduced equity.
- Other comprehensive income increased equity by 1,177,327.
- Other factors decreased equity by 110,845.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.40 Million | -58.66% |
| Other Comprehensive Income | $1.18 Million | +20.31% |
| Other Changes | $-110.84K | -1.91% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Digital Asset Monetary Network 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.03 | x |
| 2016-12-31 | $0.00 | $0.03 | x |
| 2017-12-31 | $-0.02 | $0.03 | x |
| 2018-12-31 | $-0.04 | $0.03 | x |
| 2019-12-31 | $-0.03 | $0.03 | x |
| 2020-12-31 | $-0.07 | $0.03 | x |
| 2021-12-31 | $-0.04 | $0.03 | x |
| 2022-12-31 | $-0.18 | $0.03 | x |
| 2023-12-31 | $-0.27 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Digital Asset Monetary Network 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: -4903.85%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -76.10% | 1.13x | 0.00x | $-10.18K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-39.85K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-44.29K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.01 Million |
| 2018 | 0.00% | -2340.47% | 0.12x | 0.00x | $-1.94 Million |
| 2019 | 0.00% | -329.61% | 0.18x | 0.00x | $-784.87K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-338.26K |
| 2021 | 0.00% | -1085.30% | 0.01x | 0.00x | $-96.95K |
| 2022 | 0.00% | -1859.64% | 0.10x | 0.00x | $-2.95 Million |
| 2023 | 0.00% | -4903.85% | 0.04x | 0.00x | $-2.82 Million |
Industry Comparison
This section compares Digital Asset Monetary Network Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digital Asset Monetary Network Inc (DATI) | $-5.75 Million | 0.00% | N/A | $279.13 |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |