Ether Capital Corporation
Purpose Ether Staking Corp. ETF is an exchange traded fund launched and managed by Purpose Investments Inc. The fund invests in currency markets. It seeks to invest in ether. Purpose Ether Staking Corp. ETF was formed on December 11, 2009 and is domiciled in Canada.
Ether Capital Corporation (DTSRF) - Net Assets
Latest net assets as of June 2025: $92.89 Million USD
Based on the latest financial reports, Ether Capital Corporation (DTSRF) has net assets worth $92.89 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($93.20 Million) and total liabilities ($309.67K). 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 | $92.89 Million |
| % of Total Assets | 99.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | 309.11% |
| 10-Year Change | 90785.95% |
| Growth Volatility | 208.81 |
Ether Capital Corporation - Net Assets Trend (2009–2024)
This chart illustrates how Ether Capital Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ether Capital Corporation (2009–2024)
The table below shows the annual net assets of Ether Capital Corporation from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $138.79 Million | +3.13% |
| 2023-12-31 | $134.58 Million | +77.94% |
| 2022-12-31 | $75.63 Million | -62.96% |
| 2021-12-31 | $204.18 Million | +501.86% |
| 2020-12-31 | $33.93 Million | +276.70% |
| 2019-12-31 | $9.01 Million | -1.34% |
| 2018-12-31 | $9.13 Million | +10017.33% |
| 2017-12-31 | $-92.05K | +78.00% |
| 2016-12-31 | $-418.31K | -373.92% |
| 2015-12-31 | $152.71K | +169.02% |
| 2014-12-31 | $-221.26K | -111.44% |
| 2013-12-31 | $1.93 Million | +15.12% |
| 2012-12-31 | $1.68 Million | +16.41% |
| 2011-12-31 | $1.44 Million | +42.56% |
| 2010-12-31 | $1.01 Million | +292.42% |
| 2009-12-31 | $-525.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ether Capital Corporation'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 376776000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $138.79 Million | 100.00% |
| Total Equity | $138.79 Million | 100.00% |
Ether Capital Corporation Competitors by Market Cap
The table below lists competitors of Ether Capital Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marti Technologies Inc.
NYSE:MRT
|
$64.76 Million |
|
Anson Resources Limited
OTCQB:ANSNF
|
$64.78 Million |
|
Young Poong Precision Corporation
KQ:036560
|
$64.81 Million |
|
LET co. Ltd
KQ:297890
|
$64.81 Million |
|
AS HARJU ELEKTER EO 063
F:HD8
|
$64.73 Million |
|
Nyxoah
NASDAQ:NYXH
|
$64.72 Million |
|
BINHO
IS:BINHO
|
$64.70 Million |
|
Senao International Co Ltd
TW:2450
|
$64.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ether Capital Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 134,578,405 to 138,794,659, a change of 4,216,254 (3.1%).
- Net loss of 543,897 reduced equity.
- Share repurchases of 87,173,174 reduced equity.
- Other comprehensive income decreased equity by 68,742,693.
- Other factors increased equity by 160,676,018.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-543.90K | -0.39% |
| Share Repurchases | $87.17 Million | -62.81% |
| Other Comprehensive Income | $-68.74 Million | -49.53% |
| Other Changes | $160.68 Million | +115.77% |
| Total Change | $- | 3.13% |
Book Value vs Market Value Analysis
This analysis compares Ether Capital Corporation'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: 0.55x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $-18.78 | $2.60 | x |
| 2011-12-31 | $0.03 | $2.60 | x |
| 2012-12-31 | $0.13 | $2.60 | x |
| 2013-12-31 | $0.10 | $2.60 | x |
| 2014-12-31 | $0.00 | $2.60 | x |
| 2015-12-31 | $0.02 | $2.60 | x |
| 2016-12-31 | $-0.12 | $2.60 | x |
| 2017-12-31 | $0.01 | $2.60 | x |
| 2018-12-31 | $0.53 | $2.60 | x |
| 2019-12-31 | $0.40 | $2.60 | x |
| 2020-12-31 | $1.46 | $2.60 | x |
| 2021-12-31 | $6.16 | $2.60 | x |
| 2022-12-31 | $2.24 | $2.60 | x |
| 2023-12-31 | $3.91 | $2.60 | x |
| 2024-12-31 | $4.69 | $2.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ether Capital Corporation 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): -0.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.29%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (-0.39%) is above the historical average (-144.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | -7610.73% | 0.03x | 0.00x | $-1.17 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 1.64x | $-101.20K |
| 2011 | -86.44% | -48.04% | 1.40x | 1.28x | $-1.39 Million |
| 2012 | -117.12% | -120.77% | 0.68x | 1.42x | $-2.14 Million |
| 2013 | -104.91% | -198.73% | 0.36x | 1.46x | $-2.22 Million |
| 2014 | 0.00% | -1705.46% | 0.57x | 0.00x | $-5.82 Million |
| 2015 | -1026.17% | -2646.26% | 0.41x | 0.96x | $-3.23 Million |
| 2016 | 0.00% | -99233.22% | 0.03x | 0.00x | $-550.65K |
| 2017 | -535.90% | 0.00% | 0.00x | 0.12x | $-367.62K |
| 2018 | -385.95% | 0.00% | 0.00x | 1.10x | $-36.14 Million |
| 2019 | -81.48% | -8235.31% | 0.01x | 1.04x | $-8.24 Million |
| 2020 | 66.12% | 3195457.12% | 0.00x | 1.00x | $19.04 Million |
| 2021 | -2.88% | -390.75% | 0.01x | 1.08x | $-26.29 Million |
| 2022 | -77.19% | -1581.96% | 0.05x | 1.01x | $-65.94 Million |
| 2023 | 46.08% | 1205.94% | 0.04x | 1.05x | $48.56 Million |
| 2024 | -0.39% | -32.29% | 0.01x | 1.00x | $-14.42 Million |
Industry Comparison
This section compares Ether Capital Corporation's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ether Capital Corporation (DTSRF) | $92.89 Million | 0.00% | 0.00x | $64.75 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |