DATATRAK International Inc
DATATRAK International, Inc., a technology and services company, provides unified clinical solutions and related services for the clinical trials industry. The company offers DATATRAK ONE Unified Experience, a clinical enterprise solution that allows clinical users and service providers to design, deliver, and manage clinical trials. Its products include UX CTMS 360 for planning and managing tria… Read more
DATATRAK International Inc (DTRK) - Net Assets
Latest net assets as of December 2022: $1.28 Million USD
Based on the latest financial reports, DATATRAK International Inc (DTRK) has net assets worth $1.28 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 ($5.74 Million) and total liabilities ($4.47 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 | $1.28 Million |
| % of Total Assets | 22.25% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | 559.58% |
| 10-Year Change | N/A |
| Growth Volatility | 350.05 |
DATATRAK International Inc - Net Assets Trend (1995–2024)
This chart illustrates how DATATRAK 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 DATATRAK International Inc (1995–2024)
The table below shows the annual net assets of DATATRAK International Inc from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.32 Million | +547.78% |
| 2023-12-31 | $-1.86 Million | -245.37% |
| 2022-12-31 | $1.28 Million | +7.89% |
| 2021-12-31 | $1.19 Million | -6.08% |
| 2020-12-31 | $1.26 Million | +10.07% |
| 2019-12-31 | $1.15 Million | +127.07% |
| 2018-12-31 | $504.83K | +481.87% |
| 2017-12-31 | $86.76K | +104.35% |
| 2016-12-31 | $-2.00 Million | +52.23% |
| 2015-12-31 | $-4.18 Million | -113.85% |
| 2014-12-31 | $-1.95 Million | -54.09% |
| 2013-12-31 | $-1.27 Million | -65994.87% |
| 2012-12-31 | $-1.92K | +99.84% |
| 2011-12-31 | $-1.18 Million | -20.92% |
| 2010-12-31 | $-978.12K | +35.21% |
| 2009-12-31 | $-1.51 Million | -569.73% |
| 2008-12-31 | $321.39K | -98.06% |
| 2007-12-31 | $16.57 Million | -8.27% |
| 2006-12-31 | $18.06 Million | +31.88% |
| 2005-12-31 | $13.70 Million | +35.38% |
| 2004-12-31 | $10.12 Million | +119.91% |
| 2003-12-31 | $4.60 Million | +42.41% |
| 2002-12-31 | $3.23 Million | -43.86% |
| 2001-12-31 | $5.75 Million | -56.08% |
| 2000-12-31 | $13.10 Million | -28.42% |
| 1999-12-31 | $18.31 Million | -35.09% |
| 1998-12-31 | $28.20 Million | -33.49% |
| 1997-12-31 | $42.40 Million | -14.34% |
| 1996-12-31 | $49.50 Million | +1355.88% |
| 1995-12-31 | $3.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DATATRAK 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 decreased by 5299779800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $70.85 Million | 851.35% |
| Total Equity | $8.32 Million | 100.00% |
DATATRAK International Inc Competitors by Market Cap
The table below lists competitors of DATATRAK International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Axtel SAB de CV
STU:4GK
|
$1.17K |
|
Ali Asghar Textile Mills Limited
KAR:AATM
|
$1.17K |
|
Pioneer Oil & Gas
PINK:POGS
|
$1.17K |
|
Aeonian Resources Corp.
V:ALTN
|
$1.17K |
|
Dong A Hotel Group JSC
VN:DAH
|
$1.17K |
|
Sitara Peroxide Ltd
KAR:SPL
|
$1.16K |
|
Pak Elektron Ltd
KAR:PAEL
|
$1.16K |
|
NVPCF
OTCQB:NVPCF
|
$1.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DATATRAK International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,858,525 to 8,322,017, a change of 10,180,542.
- Net income of 11,428,841 contributed positively to equity growth.
- Other factors decreased equity by 1,248,299.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.43 Million | +137.33% |
| Other Changes | $-1.25 Million | -15.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares DATATRAK 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: 0.50x
- 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 0.01x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $10.55 | $0.12 | x |
| 1996-12-31 | $81.72 | $0.12 | x |
| 1997-12-31 | $53.20 | $0.12 | x |
| 1998-12-31 | $35.13 | $0.12 | x |
| 1999-12-31 | $27.67 | $0.12 | x |
| 2000-12-31 | $31.86 | $0.12 | x |
| 2001-12-31 | $13.99 | $0.12 | x |
| 2002-12-31 | $4.93 | $0.12 | x |
| 2003-12-31 | $6.61 | $0.12 | x |
| 2004-12-31 | $11.86 | $0.12 | x |
| 2005-12-31 | $14.44 | $0.12 | x |
| 2006-12-31 | $19.23 | $0.12 | x |
| 2007-12-31 | $15.07 | $0.12 | x |
| 2008-12-31 | $0.28 | $0.12 | x |
| 2009-12-31 | $-1.32 | $0.12 | x |
| 2010-12-31 | $-0.85 | $0.12 | x |
| 2011-12-31 | $-0.99 | $0.12 | x |
| 2012-12-31 | $0.00 | $0.12 | x |
| 2013-12-31 | $-0.94 | $0.12 | x |
| 2014-12-31 | $-1.37 | $0.12 | x |
| 2015-12-31 | $-2.79 | $0.12 | x |
| 2016-12-31 | $-1.09 | $0.12 | x |
| 2017-12-31 | $0.04 | $0.12 | x |
| 2018-12-31 | $0.22 | $0.12 | x |
| 2019-12-31 | $0.48 | $0.12 | x |
| 2020-12-31 | $0.53 | $0.12 | x |
| 2021-12-31 | $0.49 | $0.12 | x |
| 2022-12-31 | $0.47 | $0.12 | x |
| 2023-12-31 | $-0.44 | $0.12 | x |
| 2024-12-31 | $0.24 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DATATRAK 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): 137.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 170.96%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.87x
- Recent ROE (137.33%) is above the historical average (-178.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -23.53% | -7.62% | 1.50x | 2.06x | $-1.14 Million |
| 1996 | 3.23% | 6.23% | 0.48x | 1.08x | $-3.35 Million |
| 1997 | -17.45% | -42.71% | 0.36x | 1.14x | $-11.64 Million |
| 1998 | -50.00% | -106.82% | 0.39x | 1.19x | $-16.92 Million |
| 1999 | 53.09% | 167.26% | 0.30x | 1.06x | $7.89 Million |
| 2000 | -40.32% | -265.01% | 0.14x | 1.11x | $-6.59 Million |
| 2001 | -127.79% | -327.49% | 0.29x | 1.33x | $-7.93 Million |
| 2002 | -197.81% | -135.37% | 0.89x | 1.64x | $-6.71 Million |
| 2003 | -22.79% | -14.87% | 1.11x | 1.39x | $-1.51 Million |
| 2004 | 8.08% | 7.23% | 0.95x | 1.18x | $-194.71K |
| 2005 | 18.53% | 16.13% | 0.98x | 1.18x | $1.17 Million |
| 2006 | -24.86% | -25.38% | 0.65x | 1.51x | $-6.30 Million |
| 2007 | -65.50% | -102.76% | 0.40x | 1.60x | $-12.51 Million |
| 2008 | -5226.30% | -190.31% | 1.90x | 14.46x | $-16.83 Million |
| 2009 | 0.00% | -27.51% | 2.95x | 0.00x | $-1.76 Million |
| 2010 | 0.00% | 1.37% | 2.75x | 0.00x | $198.92K |
| 2011 | 0.00% | -12.70% | 2.16x | 0.00x | $-888.62K |
| 2012 | 0.00% | -15.84% | 1911.89x | 0.00x | $-1.54 Million |
| 2013 | 0.00% | -1.18% | 2.16x | 0.00x | $-2.12K |
| 2014 | 0.00% | -11.74% | 1.78x | 0.00x | $-1.10 Million |
| 2015 | 0.00% | -29.11% | 2.60x | 0.00x | $-2.48 Million |
| 2016 | 0.00% | 11.32% | 1.70x | 0.00x | $1.22 Million |
| 2017 | 253.22% | 2.92% | 1.37x | 63.52x | $211.02K |
| 2018 | 32.01% | 2.17% | 1.41x | 10.45x | $111.09K |
| 2019 | 33.74% | 5.00% | 0.92x | 7.30x | $272.17K |
| 2020 | -7.15% | -1.26% | 0.87x | 6.52x | $-216.36K |
| 2021 | -21.09% | -3.92% | 1.01x | 5.36x | $-368.38K |
| 2022 | -67.55% | -15.00% | 1.03x | 4.37x | $-1.02 Million |
| 2023 | 0.00% | 42.97% | 1.43x | 0.00x | $2.84 Million |
| 2024 | 137.33% | 170.96% | 0.43x | 1.87x | $10.60 Million |
Industry Comparison
This section compares DATATRAK International Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DATATRAK International Inc (DTRK) | $1.28 Million | -23.53% | 3.49x | $1.17K |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |