Fuse Science Inc
Fuse Science, Inc. operates a cloud-based customer service software platform. The company also produces and sells sports nutrition and performance products. Its products include SkyPorts, a drone support technology and energy demand network that enables long distance flight required for drone-based commerce without the need for drones to return every 15 minutes to recharge; and XTRAX, a remote mo… Read more
Fuse Science Inc (DROP) - Net Assets
Latest net assets as of December 2023: $39.28K USD
Based on the latest financial reports, Fuse Science Inc (DROP) has net assets worth $39.28K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.23K) and total liabilities ($950.00). 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 | $39.28K |
| % of Total Assets | 97.64% |
| Annual Growth Rate | -16.14% |
| 5-Year Change | N/A |
| 10-Year Change | -96.21% |
| Growth Volatility | 176.56 |
Fuse Science Inc - Net Assets Trend (1997–2023)
This chart illustrates how Fuse Science 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 Fuse Science Inc (1997–2023)
The table below shows the annual net assets of Fuse Science Inc from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $36.81K | +103.98% |
| 2021-09-30 | $-924.19K | -11.09% |
| 2015-09-30 | $-831.94K | +63.86% |
| 2014-09-30 | $-2.30 Million | -248.02% |
| 2013-09-30 | $-661.47K | -40.51% |
| 2012-09-30 | $-470.76K | +28.33% |
| 2011-09-30 | $-656.82K | -261.99% |
| 2010-09-30 | $-181.45K | -160.86% |
| 2009-09-30 | $-69.56K | -107.16% |
| 2008-09-30 | $970.88K | +624.00% |
| 2007-09-30 | $-185.28K | +37.16% |
| 2005-09-30 | $-294.83K | -559.16% |
| 2004-09-30 | $64.21K | -90.59% |
| 2003-09-30 | $682.43K | -38.38% |
| 2002-09-30 | $1.11 Million | -54.42% |
| 2001-09-30 | $2.43 Million | +71.23% |
| 2000-09-30 | $1.42 Million | -73.72% |
| 1999-09-30 | $5.40 Million | -6.90% |
| 1998-09-30 | $5.80 Million | +61.95% |
| 1997-09-30 | $3.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fuse Science 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 98.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.61K | 28.82% |
| Common Stock | $8.00K | 21.73% |
| Other Comprehensive Income | $-8.00K | -21.73% |
| Other Components | $26.20K | 71.18% |
| Total Equity | $36.81K | 100.00% |
Fuse Science Inc Competitors by Market Cap
The table below lists competitors of Fuse Science Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHDHD
PINK:CHDHD
|
$29.39 |
|
CHINESE PEOPLE HLDG
MU:KEH
|
$29.49 |
|
Revitus Property Opportunities
XZIM:REV
|
$29.54 |
|
Homeland Security Cp
PINK:HSCC
|
$29.75 |
|
Reno Gold Corporation
PINK:RNGG
|
$29.29 |
|
Natural Harmony Foods Inc
PINK:NHYF
|
$29.20 |
|
Perigee Holdings Inc.
PINK:PEHD
|
$29.17 |
|
Ciptadana Asset Management REIT
JK:XCID
|
$29.09 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuse Science Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2023, total equity changed from 26,200 to 36,808, a change of 10,608 (40.5%).
- Net income of 4,846 contributed positively to equity growth.
- Other comprehensive income decreased equity by 7,274.
- Other factors increased equity by 13,036.
Equity Change Factors (2021 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.85K | +13.17% |
| Other Comprehensive Income | $-7.27K | -19.76% |
| Other Changes | $13.04K | +35.42% |
| Total Change | $- | 40.49% |
Book Value vs Market Value Analysis
This analysis compares Fuse Science 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: 21.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.00x to 21.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-09-30 | $132.65 | $0.00 | x |
| 1998-09-30 | $200.00 | $0.00 | x |
| 1999-09-30 | $120.69 | $0.00 | x |
| 2000-09-30 | $37.34 | $0.00 | x |
| 2001-09-30 | $56.50 | $0.00 | x |
| 2002-09-30 | $25.75 | $0.00 | x |
| 2003-09-30 | $15.51 | $0.00 | x |
| 2004-09-30 | $1.31 | $0.00 | x |
| 2005-09-30 | $-6.02 | $0.00 | x |
| 2006-09-30 | $-0.77 | $0.00 | x |
| 2007-09-30 | $-135.34 | $0.00 | x |
| 2008-09-30 | $50.89 | $0.00 | x |
| 2009-09-30 | $-2.73 | $0.00 | x |
| 2010-09-30 | $-2.16 | $0.00 | x |
| 2011-09-30 | $-15.55 | $0.00 | x |
| 2012-09-30 | $-5.68 | $0.00 | x |
| 2013-09-30 | $-4.05 | $0.00 | x |
| 2014-09-30 | $-9.32 | $0.00 | x |
| 2015-09-30 | $-47.97 | $0.00 | x |
| 2021-09-30 | $0.00 | $0.00 | x |
| 2023-09-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuse Science 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): 13.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 2.15x
- • Equity Multiplier: 1.03x
- Recent ROE (13.17%) is above the historical average (-4586.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 41.21% | 18.85% | 1.46x | 1.50x | $1.12 Million |
| 1998 | 36.21% | 16.41% | 1.58x | 1.40x | $1.52 Million |
| 1999 | 8.57% | 2.11% | 1.17x | 3.46x | $-50.00K |
| 2000 | -478.99% | -679686200.00% | 0.00x | 1.66x | $-6.94 Million |
| 2001 | -12.54% | -9.17% | 1.06x | 1.29x | $-547.60K |
| 2002 | -121.01% | 0.00% | 0.00x | 1.06x | $-1.45 Million |
| 2003 | -77.02% | 0.00% | 0.00x | 2.23x | $-593.84K |
| 2004 | -1024.70% | 0.00% | 0.00x | 4.13x | $-664.38K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-404.01K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-402.87K |
| 2007 | 0.00% | -29476.73% | 0.00x | 0.00x | $-75.21K |
| 2008 | -6.56% | -98.86% | 0.06x | 1.04x | $-160.75K |
| 2009 | 0.00% | -5962.64% | 0.01x | 0.00x | $-146.11K |
| 2010 | 0.00% | -913.05% | 0.13x | 0.00x | $-74.84K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.97 Million |
| 2012 | 0.00% | -10474.99% | 0.13x | 0.00x | $-11.01 Million |
| 2013 | 0.00% | -4389.82% | 0.30x | 0.00x | $-21.31 Million |
| 2014 | 0.00% | -1715.46% | 37.76x | 0.00x | $-7.48 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.45 Million |
| 2021 | -94687.02% | 0.00% | 0.00x | 1.00x | $-24.81 Million |
| 2023 | 13.17% | 5.98% | 2.15x | 1.03x | $1.17K |
Industry Comparison
This section compares Fuse Science Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuse Science Inc (DROP) | $39.28K | 41.21% | 0.02x | $29.34 |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |