Electronic Tele-Communications Inc
Electronic Tele-Communications, Inc. designs, manufactures, markets, leases, and sells digital voice information systems and related services to the telecommunications industry and other businesses. Its equipment provides a range of audio and computer information, and call handling capabilities through telephone networks, computer networks, and the Internet. The company's digital voice informatio… Read more
Electronic Tele-Communications Inc (ETCIA) - Net Assets
Latest net assets as of December 2024: $-552.83K USD
Based on the latest financial reports, Electronic Tele-Communications Inc (ETCIA) has net assets worth $-552.83K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($138.35K) and total liabilities ($691.18K). 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 | $-552.83K |
| % of Total Assets | -399.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.38 |
Electronic Tele-Communications Inc - Net Assets Trend (1985–2024)
This chart illustrates how Electronic Tele-Communications 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 Electronic Tele-Communications Inc (1985–2024)
The table below shows the annual net assets of Electronic Tele-Communications Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-552.83K | -1.56% |
| 2023-12-31 | $-544.35K | +1.50% |
| 2022-12-31 | $-552.65K | -1.54% |
| 2021-12-31 | $-544.27K | -8.08% |
| 2020-12-31 | $-503.57K | -7.02% |
| 2019-12-31 | $-470.54K | +1.82% |
| 2018-12-31 | $-479.25K | +6.54% |
| 2017-12-31 | $-512.79K | +7.33% |
| 2016-12-31 | $-553.34K | +26.48% |
| 2015-12-31 | $-752.59K | -62.73% |
| 2014-12-31 | $-462.47K | -44.05% |
| 2013-12-31 | $-321.06K | +27.85% |
| 2012-12-31 | $-445.00K | +29.25% |
| 2009-12-31 | $-629.00K | -120.70% |
| 2008-12-31 | $-285.00K | -5.56% |
| 2007-12-31 | $-270.00K | -86.81% |
| 2006-12-31 | $-144.53K | -165.65% |
| 2005-12-31 | $220.16K | -86.73% |
| 2004-12-31 | $1.66 Million | -1.86% |
| 2003-12-31 | $1.69 Million | -29.76% |
| 2002-12-31 | $2.41 Million | -21.18% |
| 2001-12-31 | $3.05 Million | -41.55% |
| 2000-12-31 | $5.22 Million | -8.38% |
| 1999-12-31 | $5.70 Million | -5.00% |
| 1998-12-31 | $6.00 Million | +1.69% |
| 1997-12-31 | $5.90 Million | -13.24% |
| 1996-12-31 | $6.80 Million | 0.00% |
| 1995-12-31 | $6.80 Million | -6.85% |
| 1994-12-31 | $7.30 Million | +10.61% |
| 1993-12-31 | $6.60 Million | +15.79% |
| 1992-12-31 | $5.70 Million | -18.57% |
| 1991-12-31 | $7.00 Million | +20.69% |
| 1990-12-31 | $5.80 Million | +16.00% |
| 1989-12-31 | $5.00 Million | 0.00% |
| 1988-12-31 | $5.00 Million | -1.96% |
| 1987-12-31 | $5.10 Million | 0.00% |
| 1986-12-31 | $5.10 Million | +27.50% |
| 1985-12-31 | $4.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electronic Tele-Communications 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 344.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.09K | % |
| Other Components | $3.34 Million | % |
| Total Equity | $-552.83K | 100.00% |
Electronic Tele-Communications Inc Competitors by Market Cap
The table below lists competitors of Electronic Tele-Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
El Orouba Securities Brokerage
EGX:EOSB
|
$219.54 |
|
ACME Printing and Packaging PLC
CM:ACMEN0000
|
$219.84 |
|
Sabien Technology Group Plc
LSE:SNT
|
$220.05 |
|
PT Trimitra Trans Persada Tbk
JK:BLOG
|
$220.77 |
|
Odyssean Investment Trust PLC
LSE:OIT
|
$219.06 |
|
Roof Renovation S.A.
WAR:RRH
|
$218.83 |
|
Orchasp Limited
NSE:ORCHASP
|
$218.82 |
|
NEWERA RES
BE:N7U
|
$218.80 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electronic Tele-Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -544,351 to -552,831, a change of -8,480.
- Net loss of 8,480 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.48K | -1.53% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Electronic Tele-Communications 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.96 | $0.02 | x |
| 1986-12-31 | $2.38 | $0.02 | x |
| 1987-12-31 | $2.22 | $0.02 | x |
| 1988-12-31 | $2.18 | $0.02 | x |
| 1989-12-31 | $2.50 | $0.02 | x |
| 1990-12-31 | $2.64 | $0.02 | x |
| 1991-12-31 | $3.50 | $0.02 | x |
| 1992-12-31 | $2.22 | $0.02 | x |
| 1993-12-31 | $2.82 | $0.02 | x |
| 1994-12-31 | $2.92 | $0.02 | x |
| 1995-12-31 | $2.72 | $0.02 | x |
| 1996-12-31 | $2.72 | $0.02 | x |
| 1997-12-31 | $2.11 | $0.02 | x |
| 1998-12-31 | $1.80 | $0.02 | x |
| 1999-12-31 | $2.47 | $0.02 | x |
| 2000-12-31 | $2.04 | $0.02 | x |
| 2001-12-31 | $1.21 | $0.02 | x |
| 2002-12-31 | $0.94 | $0.02 | x |
| 2003-12-31 | $0.68 | $0.02 | x |
| 2004-12-31 | $0.53 | $0.02 | x |
| 2005-12-31 | $0.09 | $0.02 | x |
| 2006-12-31 | $-0.06 | $0.02 | x |
| 2013-12-31 | $-0.15 | $0.02 | x |
| 2014-12-31 | $-0.18 | $0.02 | x |
| 2015-12-31 | $-0.30 | $0.02 | x |
| 2016-12-31 | $-0.22 | $0.02 | x |
| 2017-12-31 | $-0.20 | $0.02 | x |
| 2018-12-31 | $-0.19 | $0.02 | x |
| 2019-12-31 | $-0.19 | $0.02 | x |
| 2020-12-31 | $-0.20 | $0.02 | x |
| 2021-12-31 | $-0.22 | $0.02 | x |
| 2022-12-31 | $-0.22 | $0.02 | x |
| 2023-12-31 | $-0.22 | $0.02 | x |
| 2024-12-31 | $-0.22 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electronic Tele-Communications 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.18%
- • Asset Turnover: 1.93x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-21.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 22.50% | 19.15% | 1.00x | 1.18x | $500.00K |
| 1986 | 23.53% | 21.43% | 1.04x | 1.06x | $690.00K |
| 1987 | 1.96% | 3.23% | 0.57x | 1.06x | $-410.00K |
| 1989 | 4.00% | 2.02% | 1.15x | 1.72x | $-300.00K |
| 1990 | 15.52% | 6.87% | 1.47x | 1.53x | $320.00K |
| 1991 | 2.86% | 1.12% | 1.34x | 1.91x | $-500.00K |
| 1992 | -14.04% | -4.91% | 1.52x | 1.88x | $-1.37 Million |
| 1993 | 16.67% | 6.51% | 1.86x | 1.38x | $440.00K |
| 1994 | 13.70% | 6.13% | 1.75x | 1.27x | $270.00K |
| 1995 | -2.94% | -1.55% | 1.59x | 1.19x | $-880.00K |
| 1996 | 4.41% | 2.33% | 1.59x | 1.19x | $-380.00K |
| 1997 | -11.86% | -6.03% | 1.63x | 1.20x | $-1.29 Million |
| 1998 | 3.33% | 1.53% | 1.56x | 1.40x | $-400.00K |
| 1999 | -1.75% | -0.93% | 1.61x | 1.18x | $-670.00K |
| 2000 | -9.82% | -4.90% | 1.53x | 1.31x | $-1.03 Million |
| 2001 | -71.09% | -45.09% | 1.15x | 1.38x | $-2.48 Million |
| 2002 | -23.52% | -14.22% | 1.12x | 1.48x | $-806.40K |
| 2003 | -42.36% | -23.65% | 1.11x | 1.62x | $-884.85K |
| 2004 | -1.89% | -0.85% | 1.43x | 1.55x | $-197.21K |
| 2005 | -653.33% | -53.49% | 2.21x | 5.53x | $-1.46 Million |
| 2006 | 0.00% | -15.70% | 2.60x | 0.00x | $-350.24K |
| 2013 | 0.00% | 8.60% | 3.11x | 0.00x | $184.04K |
| 2014 | 0.00% | -6.58% | 3.97x | 0.00x | $-50.89K |
| 2015 | 0.00% | -34.63% | 3.13x | 0.00x | $-214.86K |
| 2016 | 0.00% | 20.84% | 3.10x | 0.00x | $254.59K |
| 2017 | 0.00% | 6.90% | 2.24x | 0.00x | $91.83K |
| 2018 | 0.00% | 5.92% | 2.43x | 0.00x | $81.46K |
| 2019 | 0.00% | 1.65% | 2.36x | 0.00x | $55.76K |
| 2020 | 0.00% | -8.24% | 2.27x | 0.00x | $17.33K |
| 2021 | 0.00% | -10.98% | 2.17x | 0.00x | $13.72K |
| 2022 | 0.00% | -2.36% | 2.09x | 0.00x | $46.89K |
| 2023 | 0.00% | 2.76% | 2.11x | 0.00x | $62.73K |
| 2024 | 0.00% | -3.18% | 1.93x | 0.00x | $46.80K |
Industry Comparison
This section compares Electronic Tele-Communications Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electronic Tele-Communications Inc (ETCIA) | $-552.83K | 22.50% | N/A | $219.14 |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |