Direct Equity International Inc
Direct Equity International, Inc. engages in the business of developing and publishing video games and mobile software applications to gaming, healthcare, and financial sectors. The company was formerly known as Triad Industries, Inc. and changed its name to Direct Equity International, Inc. in May 2006. Direct Equity International, Inc. was incorporated in 1985 and is based in Westlake Village, … Read more
Direct Equity International Inc (DEQI) - Net Assets
Latest net assets as of December 2022: $3.04 Million USD
Based on the latest financial reports, Direct Equity International Inc (DEQI) has net assets worth $3.04 Million USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.31 Million) and total liabilities ($278.37K). 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 | $3.04 Million |
| % of Total Assets | 91.6% |
| Annual Growth Rate | 1.44% |
| 5-Year Change | N/A |
| 10-Year Change | 906.21% |
| Growth Volatility | 67.95 |
Direct Equity International Inc - Net Assets Trend (1999–2022)
This chart illustrates how Direct Equity International 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 Direct Equity International Inc (1999–2022)
The table below shows the annual net assets of Direct Equity International Inc from 1999 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $3.04 Million | +16019.36% |
| 2021-12-31 | $-19.07K | -143.22% |
| 2020-12-31 | $-7.84K | +92.18% |
| 2019-12-31 | $-100.32K | -6.60% |
| 2018-12-31 | $-94.10K | -12.02% |
| 2017-12-31 | $-84.00K | +6.66% |
| 2016-12-31 | $-90.00K | -15.24% |
| 2015-12-31 | $-78.10K | +69.56% |
| 2014-12-31 | $-256.58K | -185.03% |
| 2005-12-31 | $301.76K | -45.98% |
| 2004-12-31 | $558.60K | -28.56% |
| 2003-12-31 | $781.88K | -43.06% |
| 2002-12-31 | $1.37 Million | -60.66% |
| 2001-12-31 | $3.49 Million | +3.61% |
| 2000-12-31 | $3.37 Million | +54.22% |
| 1999-12-31 | $2.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Direct Equity International 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 102358300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $369.09K | 19.02% |
| Common Stock | $1.09 Million | 56.09% |
| Other Components | $482.92K | 24.89% |
| Total Equity | $1.94 Million | 100.00% |
Direct Equity International Inc Competitors by Market Cap
The table below lists competitors of Direct Equity International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Limitless Venture
PINK:LVGI
|
$2.86 |
|
Fernhill Corp
PINK:FERN
|
$2.86 |
|
LEHMAN BROTHERS HOLDINGS CAP TS
PINK:LEHKQ
|
$2.86 |
|
REAC Group Inc
PINK:REAC
|
$2.87 |
|
Amelco Corporation
PINK:AMLC
|
$2.84 |
|
Happy Town Holdings Inc
PINK:HPTN
|
$2.84 |
|
Citron Inc
PINK:CTNI
|
$2.84 |
|
Tarsin Mobile Inc
PINK:TMIX
|
$2.82 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Direct Equity International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -19,073 to 1,940,468, a change of 1,959,541.
- Net income of 493,672 contributed positively to equity growth.
- Other factors increased equity by 1,465,869.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $493.67K | +25.44% |
| Other Changes | $1.47 Million | +75.54% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Direct Equity International 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: 0.15x
- 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 0.00x to 0.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $2.11 | $0.00 | x |
| 2000-12-31 | $2.25 | $0.00 | x |
| 2001-12-31 | $1.81 | $0.00 | x |
| 2002-12-31 | $0.80 | $0.00 | x |
| 2003-12-31 | $0.43 | $0.00 | x |
| 2004-12-31 | $0.29 | $0.00 | x |
| 2005-12-31 | $0.15 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Direct Equity International 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): 25.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.82%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.71x
- Recent ROE (25.44%) is above the historical average (-20.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -31.50% | -71.35% | 0.16x | 2.78x | $-906.44K |
| 2000 | -11.67% | -22.03% | 0.23x | 2.27x | $-729.87K |
| 2001 | -0.79% | -1.42% | 0.36x | 1.56x | $-376.77K |
| 2002 | -102.33% | -215.72% | 0.29x | 1.64x | $-1.54 Million |
| 2003 | -87.61% | -301.53% | 0.26x | 1.11x | $-763.19K |
| 2004 | -33.03% | -198.99% | 0.14x | 1.17x | $-240.35K |
| 2005 | -80.48% | -862.38% | 0.08x | 1.17x | $-273.03K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-128.00K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.44K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.90K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.60K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-688.60 |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $3.84K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $93.24K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.32K |
| 2022 | 25.44% | 30.82% | 0.48x | 1.71x | $299.63K |
Industry Comparison
This section compares Direct Equity International Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Direct Equity International Inc (DEQI) | $3.04 Million | -31.50% | 0.09x | $2.85 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |