Devmar Equities Inc
DevMar Equities, Inc. engages in the real estate acquisition and development of multifamily/mixed-use and hospitality projects in urban locations with a focus in Florida. The company was formerly known as La Cortez Energy, Inc. and changed its name to DevMar Equities, Inc. in February 2019. DevMar Equities, Inc. was incorporated in 2006 and is based in Birmingham, Michigan.
Devmar Equities Inc (DEVM) - Net Assets
Latest net assets as of March 2022: $-97.88K USD
Based on the latest financial reports, Devmar Equities Inc (DEVM) has net assets worth $-97.88K USD as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($357.00) and total liabilities ($98.23K). 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 | $-97.88K |
| % of Total Assets | -27416.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | -100.7% |
| 10-Year Change | N/A |
| Growth Volatility | 58.26 |
Devmar Equities Inc - Net Assets Trend (2006–2021)
This chart illustrates how Devmar Equities 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 Devmar Equities Inc (2006–2021)
The table below shows the annual net assets of Devmar Equities Inc from 2006 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-95.15K | -28.64% |
| 2020-12-31 | $-73.97K | -6.40% |
| 2019-12-31 | $-69.52K | -202.86% |
| 2018-12-31 | $-22.95K | -100.17% |
| 2011-12-31 | $13.58 Million | -34.34% |
| 2010-12-31 | $20.68 Million | +963.52% |
| 2009-12-31 | $-2.39 Million | -135.07% |
| 2008-12-31 | $6.83 Million | +48613.85% |
| 2007-12-31 | $-14.07K | -195.35% |
| 2006-12-31 | $14.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Devmar Equities 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 3960232500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $51.93K | % |
| Other Comprehensive Income | $-95.15K | % |
| Other Components | $39.56 Million | % |
| Total Equity | $-95.15K | 100.00% |
Devmar Equities Inc Competitors by Market Cap
The table below lists competitors of Devmar Equities Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Water Ventures International Inc
PINK:BWVI
|
$1.94 |
|
Benchmark Energy Corporation
PINK:GPLL
|
$1.94 |
|
Bowmo Inc
PINK:BOMO
|
$1.94 |
|
Big Buck Brewery & Steakhouse Inc
PINK:BBUCQ
|
$1.94 |
|
Amaru Inc
PINK:AMRU
|
$1.93 |
|
Curtis Mathes Corp
PINK:CMCZ
|
$1.93 |
|
1st Prestige Wealth Management Inc
PINK:FPWM
|
$1.93 |
|
Zevotek Inc
PINK:ZVTK
|
$1.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Devmar Equities Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -73,969 to -95,152, a change of -21,183.
- Net loss of 21,183 reduced equity.
- Other comprehensive income decreased equity by 21,183.
- Other factors increased equity by 21,183.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.18K | -22.26% |
| Other Comprehensive Income | $-21.18K | -22.26% |
| Other Changes | $21.18K | +22.26% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Devmar Equities 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 |
|---|---|---|---|
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.39 | $0.00 | x |
| 2009-12-31 | $-0.11 | $0.00 | x |
| 2010-12-31 | $0.49 | $0.00 | x |
| 2011-12-31 | $0.29 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Devmar Equities 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 (-23.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -89.69% | 0.00% | 0.00x | 1.38x | $-14.72K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.43K |
| 2008 | -37.79% | 0.00% | 0.00x | 1.02x | $-3.26 Million |
| 2009 | 0.00% | -5342.74% | 0.02x | 0.00x | $-9.90 Million |
| 2010 | -20.79% | -822.03% | 0.02x | 1.44x | $-6.37 Million |
| 2011 | -57.27% | -296.22% | 0.16x | 1.19x | $-9.13 Million |
| 2018 | -28.79% | 0.00% | 0.00x | 1.01x | $-11.18K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-62.31K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $2.95K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.67K |
Industry Comparison
This section compares Devmar Equities Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-56,363,212
- Average return on equity (ROE) among peers: -7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Devmar Equities Inc (DEVM) | $-97.88K | -89.69% | N/A | $1.94 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $5.32 Million | -71.85% | 3.84x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-185.37K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-181.19K | 0.00% | 0.00x | $14.73K |
| ACRO Biomedical Co Ltd (ACBM) | $-14.79K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-1.02K | 0.00% | 0.00x | $3.15K |