Eqonex Limited
Eqonex Limited operates as a digital assets financial services company. It operates through three divisions: Custody, Asset Management, and Brokerage. The company provides Digivault, a custody solution; Bletchley Park, a digital asset investment solution for institutional and professional investors; and EQONEX Investment products that issues securitized products. It also operates an over-the-coun… Read more
Eqonex Limited (EQOSQ) - Net Assets
Latest net assets as of March 2022: $4.10 Million USD
Based on the latest financial reports, Eqonex Limited (EQOSQ) has net assets worth $4.10 Million USD as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.28 Million) and total liabilities ($57.18 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 | $4.10 Million |
| % of Total Assets | 6.69% |
| Annual Growth Rate | -20.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 59.07 |
Eqonex Limited - Net Assets Trend (2018–2022)
This chart illustrates how Eqonex Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eqonex Limited (2018–2022)
The table below shows the annual net assets of Eqonex Limited from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-03-31 | $4.10 Million | -93.29% |
| 2021-03-31 | $61.08 Million | +1680.21% |
| 2020-03-31 | $-3.87 Million | -200.34% |
| 2019-03-31 | $3.85 Million | -62.50% |
| 2018-03-31 | $10.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eqonex Limited'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 26361526400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $365.79 Million | 8925.71% |
| Other Comprehensive Income | $-129.71 Million | -3164.94% |
| Other Components | $31.91 Million | 778.64% |
| Total Equity | $4.10 Million | 100.00% |
Eqonex Limited Competitors by Market Cap
The table below lists competitors of Eqonex Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Commercial Credit and Finance PLC
CM:COCRN0000
|
$4.39K |
|
MARWEST APARTMENT REIT
F:L2B
|
$4.40K |
|
Angling Direct PLC
LSE:ANG
|
$4.40K |
|
PORTSERCO
VN:PRC
|
$4.40K |
|
Hung Hau Agricultural Corp
VN:SJ1
|
$4.39K |
|
Parx Plastics NV
PA:MLPRX
|
$4.39K |
|
JG Summit Holdings Inc
PSE:JGS
|
$4.39K |
|
Creativeforge Games SA
WAR:CFG
|
$4.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eqonex Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 61,826,001 to 4,098,206, a change of -57,727,795 (-93.4%).
- Net loss of 74,995,788 reduced equity.
- Other comprehensive income decreased equity by 337,568.
- Other factors increased equity by 17,605,561.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-75.00 Million | -1829.97% |
| Other Comprehensive Income | $-337.57K | -8.24% |
| Other Changes | $17.61 Million | +429.59% |
| Total Change | $- | -93.37% |
Book Value vs Market Value Analysis
This analysis compares Eqonex Limited'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: 0.00x
- 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 |
|---|---|---|---|
| 2018-03-31 | $1.53 | $0.00 | x |
| 2019-03-31 | $0.12 | $0.00 | x |
| 2020-03-31 | $-3.39 | $0.00 | x |
| 2021-03-31 | $2.35 | $0.00 | x |
| 2022-03-31 | $0.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eqonex Limited 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): -1829.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1416.43%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 14.95x
- Recent ROE (-1829.97%) is below the historical average (-321.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -3.70% | 0.00% | 0.00x | 1.11x | $-1.41 Million |
| 2019 | 429.47% | 1769.37% | 0.04x | 5.48x | $16.42 Million |
| 2020 | 0.00% | -11668.72% | 0.02x | 0.00x | $-57.35 Million |
| 2021 | -202.72% | -43599.61% | 0.00x | 1.64x | $-131.52 Million |
| 2022 | -1829.97% | -1416.43% | 0.09x | 14.95x | $-75.41 Million |
Industry Comparison
This section compares Eqonex Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eqonex Limited (EQOSQ) | $4.10 Million | -3.70% | 13.95x | $4.39K |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |