Enerteck Corporation
EnerTeck Corporation, through its subsidiary, EnerTeck Chemical Corp., manufactures, markets, and sells fuel borne catalytic engine treatment products for diesel engines in the United States and internationally. The company offers EnerBurn that functions as an engine treatment application by removing carbon deposits from the combustion surfaces of the engine and reducing further carbon deposit bu… Read more
Enerteck Corporation (ETCK) - Net Assets
Latest net assets as of September 2023: $-12.66 Million USD
Based on the latest financial reports, Enerteck Corporation (ETCK) has net assets worth $-12.66 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($320.44K) and total liabilities ($12.98 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 | $-12.66 Million |
| % of Total Assets | -3950.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 302.52 |
Enerteck Corporation - Net Assets Trend (2001–2022)
This chart illustrates how Enerteck 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 Enerteck Corporation (2001–2022)
The table below shows the annual net assets of Enerteck Corporation from 2001 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-11.79 Million | -11.36% |
| 2021-12-31 | $-10.59 Million | -10.44% |
| 2020-12-31 | $-9.59 Million | -13.12% |
| 2019-12-31 | $-8.47 Million | -16.63% |
| 2018-12-31 | $-7.26 Million | +3.53% |
| 2017-12-31 | $-7.53 Million | -12.18% |
| 2016-12-31 | $-6.71 Million | -19.78% |
| 2015-12-31 | $-5.60 Million | +0.07% |
| 2014-12-31 | $-5.61 Million | -25.59% |
| 2013-12-31 | $-4.47 Million | -23.59% |
| 2012-12-31 | $-3.61 Million | -65.71% |
| 2011-12-31 | $-2.18 Million | -32.10% |
| 2010-12-31 | $-1.65 Million | -271.29% |
| 2009-12-31 | $963.75K | -35.98% |
| 2008-12-31 | $1.51 Million | -27.92% |
| 2007-12-31 | $2.09 Million | +6.11% |
| 2006-12-31 | $1.97 Million | -19.28% |
| 2005-12-31 | $2.44 Million | +749.91% |
| 2004-12-31 | $-375.16K | -227.20% |
| 2003-12-31 | $294.93K | +721.53% |
| 2002-12-31 | $35.90K | +335.94% |
| 2001-12-31 | $8.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enerteck 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 decreased by 4113291600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $36.38K | % |
| Other Components | $29.50 Million | % |
| Total Equity | $-11.79 Million | 100.00% |
Enerteck Corporation Competitors by Market Cap
The table below lists competitors of Enerteck Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Faran Sugar Mills Ltd
KAR:FRSM
|
$1.53K |
|
CONVERTIS
BE:LAH1
|
$1.53K |
|
CHINA ORIENTAL GRP
MU:ORG
|
$1.54K |
|
Raya Customer Experience
EGX:RACC
|
$1.54K |
|
Orient Finance PLC
CM:BFNN0000
|
$1.53K |
|
Canada Jetlines Operations Ltd
PINK:CAJTF
|
$1.53K |
|
LOGISTICS DEV.GRP. LS-01
F:9ES
|
$1.53K |
|
ENGENCO
BE:CDF
|
$1.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enerteck Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -10,585,987 to -11,788,335, a change of -1,202,348.
- Net loss of 1,202,348 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.20 Million | -10.2% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Enerteck 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.01 | $0.00 | x |
| 2002-12-31 | $0.00 | $0.00 | x |
| 2003-12-31 | $0.03 | $0.00 | x |
| 2004-12-31 | $-0.04 | $0.00 | x |
| 2005-12-31 | $0.21 | $0.00 | x |
| 2006-12-31 | $0.12 | $0.00 | x |
| 2007-12-31 | $0.12 | $0.00 | x |
| 2008-12-31 | $0.08 | $0.00 | x |
| 2009-12-31 | $0.05 | $0.00 | x |
| 2010-12-31 | $-0.08 | $0.00 | x |
| 2011-12-31 | $-0.10 | $0.00 | x |
| 2012-12-31 | $-0.16 | $0.00 | x |
| 2013-12-31 | $-0.18 | $0.00 | x |
| 2014-12-31 | $-0.22 | $0.00 | x |
| 2015-12-31 | $-0.20 | $0.00 | x |
| 2016-12-31 | $-0.22 | $0.00 | x |
| 2017-12-31 | $-0.24 | $0.00 | x |
| 2018-12-31 | $-0.20 | $0.00 | x |
| 2019-12-31 | $-0.23 | $0.00 | x |
| 2020-12-31 | $-0.26 | $0.00 | x |
| 2021-12-31 | $-0.29 | $0.00 | x |
| 2022-12-31 | $-0.32 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enerteck 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1198.73%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-97.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -253.84% | 0.00% | 0.00x | 1.06x | $-21.73K |
| 2002 | -85.15% | 0.00% | 0.00x | 1.00x | $-17.08K |
| 2003 | -887.42% | -552.63% | 0.59x | 2.73x | $-2.65 Million |
| 2004 | 0.00% | -1038.44% | 1.24x | 0.00x | $-1.83 Million |
| 2005 | -531.56% | -26948.54% | 0.02x | 1.10x | $-13.20 Million |
| 2006 | -32.47% | -99.63% | 0.16x | 2.07x | $-835.86K |
| 2007 | -48.09% | -253.55% | 0.11x | 1.75x | $-1.21 Million |
| 2008 | -101.24% | -567.72% | 0.10x | 1.70x | $-1.67 Million |
| 2009 | -213.10% | -507.94% | 0.18x | 2.30x | $-2.15 Million |
| 2010 | 0.00% | -1194.47% | 0.29x | 0.00x | $-2.60 Million |
| 2011 | 0.00% | -2015.79% | 0.11x | 0.00x | $-2.06 Million |
| 2012 | 0.00% | -1282.99% | 0.20x | 0.00x | $-1.25 Million |
| 2013 | 0.00% | -612.75% | 0.53x | 0.00x | $-1.26 Million |
| 2014 | 0.00% | -694.21% | 0.50x | 0.00x | $-729.61K |
| 2015 | 0.00% | -448.52% | 0.65x | 0.00x | $-694.64K |
| 2016 | 0.00% | -1179.87% | 0.60x | 0.00x | $-1.70 Million |
| 2017 | 0.00% | -402.28% | 0.66x | 0.00x | $-183.45K |
| 2018 | 0.00% | -478.94% | 0.61x | 0.00x | $-205.91K |
| 2019 | 0.00% | -2780.10% | 0.19x | 0.00x | $-593.18K |
| 2020 | 0.00% | -1430.98% | 0.25x | 0.00x | $-407.42K |
| 2021 | 0.00% | -2217.88% | 0.25x | 0.00x | $-428.89K |
| 2022 | 0.00% | -1198.73% | 0.32x | 0.00x | $-23.51K |
Industry Comparison
This section compares Enerteck Corporation's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $6,152,730,030
- Average return on equity (ROE) among peers: 7.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enerteck Corporation (ETCK) | $-12.66 Million | -253.84% | N/A | $1.53K |
| AirBoss of America Corp (ABSSF) | $125.98 Million | 8.11% | 0.98x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $35.57 Million | 18.14% | 0.12x | $0.99 |
| Aimia Inc (AIMFF) | $-294.90 Million | 0.00% | 0.00x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $5.54 Billion | 13.10% | 0.99x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $5.64 Billion | 14.71% | 1.46x | $9.73 Billion |
| Albemarle Corp (ALB) | $4.47 Billion | 8.41% | 1.34x | $19.07 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $45.06 Billion | 14.66% | 1.28x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $68.56 Million | -5.13% | 0.13x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $795.40 Million | 0.08% | 0.51x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $94.90 Million | -0.82% | 1.54x | $212.84 Million |