Danavation Technologies Corp
Danavation Technologies Corp., an Internet of Things technology company, provides micro e-paper displays and software in North America. The company's Digital Smart Labels enable companies across the grocery, retail, wine and spirits, pharmacy, warehousing, and health care sectors to automate labeling, price, product, and promotions in real time. Danavation Technologies Corp. was founded in 2018 a… Read more
Danavation Technologies Corp (DVNCF) - Net Assets
Latest net assets as of January 2024: $-7.20 Million USD
Based on the latest financial reports, Danavation Technologies Corp (DVNCF) has net assets worth $-7.20 Million USD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.49 Million) and total liabilities ($9.69 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 | $-7.20 Million |
| % of Total Assets | -288.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 769.9 |
Danavation Technologies Corp - Net Assets Trend (2019–2023)
This chart illustrates how Danavation Technologies Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Danavation Technologies Corp (2019–2023)
The table below shows the annual net assets of Danavation Technologies Corp from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-07-31 | $-5.19 Million | -15.19% |
| 2022-07-31 | $-4.51 Million | -1678.12% |
| 2021-07-31 | $285.52K | -52.45% |
| 2020-07-31 | $600.45K | -37.49% |
| 2019-07-31 | $960.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Danavation Technologies Corp'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 139028300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $13.26 Million | % |
| Total Equity | $-5.19 Million | 100.00% |
Danavation Technologies Corp Competitors by Market Cap
The table below lists competitors of Danavation Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Automotive Finco Corp
PINK:RMIAF
|
$220.00K |
|
Nordea Invest Klima og Miljø KL 1
CO:NDIKMKL1
|
$220.16K |
|
BankInvest EM Aktier A
CO:BAIEMMAA
|
$220.21K |
|
MultiMetaVerse Holdings Limited
NASDAQ:MMV
|
$220.22K |
|
LINEPAY
TWO:7722
|
$219.92K |
|
S2S
STU:S2S
|
$219.77K |
|
Prominence Energy Limited
F:RSX
|
$219.62K |
|
Coroware Inc
PINK:COWI
|
$219.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Danavation Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,505,876 to -5,190,202, a change of -684,326.
- Net loss of 4,555,604 reduced equity.
- New share issuances of 2,768,506 increased equity.
- Other factors increased equity by 1,102,772.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.56 Million | -87.77% |
| Share Issuances | $2.77 Million | +53.34% |
| Other Changes | $1.10 Million | +21.25% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Danavation Technologies Corp'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 |
|---|---|---|---|
| 2019-07-31 | $0.01 | $0.00 | x |
| 2020-07-31 | $0.01 | $0.00 | x |
| 2021-07-31 | $0.00 | $0.00 | x |
| 2022-07-31 | $-0.04 | $0.00 | x |
| 2023-07-31 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Danavation Technologies Corp 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: -218.98%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-576.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -783.20% | 0.00% | 0.00x | 1.20x | $-7.62 Million |
| 2020 | -59.97% | 0.00% | 0.00x | 1.12x | $-420.15K |
| 2021 | -2038.41% | -3069.11% | 0.05x | 13.19x | $-5.85 Million |
| 2022 | 0.00% | -535.28% | 0.33x | 0.00x | $-5.73 Million |
| 2023 | 0.00% | -218.98% | 0.74x | 0.00x | $-4.04 Million |
Industry Comparison
This section compares Danavation Technologies Corp'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 |
|---|---|---|---|---|
| Danavation Technologies Corp (DVNCF) | $-7.20 Million | -783.20% | N/A | $219.94K |
| 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 |