EnviroTechnologies International Inc
EnviroTechnologies International, Inc. develops and markets various environmentally safe technologies and products primarily in the oil and gas, food, and agriculture industries worldwide. Its food and product processing technologies include Cleaner Answer and Powered Water products that provide nontoxic and anti-microbial solutions for cleaning and sanitizing fruits and vegetables, meats, and fi… Read more
EnviroTechnologies International Inc (ETII) - Net Assets
Latest net assets as of June 2019: $-890.78K USD
Based on the latest financial reports, EnviroTechnologies International Inc (ETII) has net assets worth $-890.78K USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.34 Million) and total liabilities ($2.23 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 | $-890.78K |
| % of Total Assets | -66.46% |
| Annual Growth Rate | 6.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 75.18 |
EnviroTechnologies International Inc - Net Assets Trend (2014–2018)
This chart illustrates how EnviroTechnologies International 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 EnviroTechnologies International Inc (2014–2018)
The table below shows the annual net assets of EnviroTechnologies International Inc from 2014 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $465.25K | -38.10% |
| 2017-12-31 | $751.60K | -25.79% |
| 2016-12-31 | $1.01 Million | +151.11% |
| 2015-12-31 | $403.33K | +13.02% |
| 2014-12-31 | $356.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to EnviroTechnologies International 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 303685900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $325.73K | 70.01% |
| Other Components | $3.30 Million | 710.15% |
| Total Equity | $465.25K | 100.00% |
EnviroTechnologies International Inc Competitors by Market Cap
The table below lists competitors of EnviroTechnologies International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rocky Mountain Ayre Inc
PINK:RMTN
|
$0.90 |
|
Calcol Inc
PINK:CLCL
|
$0.91 |
|
Encompass Holdings Inc
PINK:ECMH
|
$0.91 |
|
Yora International Inc
OTCGREY:YORI
|
$0.91 |
|
Epic Corp. 5% PFD CNV SER A
PINK:EPORP
|
$0.90 |
|
Web Global Holdings Inc
PINK:WEBB
|
$0.90 |
|
Electro Optical Systems Corp
PINK:EOSC
|
$0.90 |
|
Green PolkaDot Box Inc
PINK:GPDB
|
$0.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EnviroTechnologies International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 750,877 to 465,249, a change of -285,628 (-38.0%).
- Net loss of 286,628 reduced equity.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-286.63K | -61.61% |
| Other Changes | $1.00K | +0.21% |
| Total Change | $- | -38.04% |
Book Value vs Market Value Analysis
This analysis compares EnviroTechnologies International 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
- Current price-to-book ratio: 0.05x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.02 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EnviroTechnologies International 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): -61.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.43%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 5.58x
- Recent ROE (-61.61%) is above the historical average (-5100.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -30470.45% | 0.00% | 0.00x | 1.00x | $-306.33K |
| 2014 | -0.55% | -9.18% | 0.04x | 1.58x | $-37.66K |
| 2015 | 2.28% | 41.75% | 0.04x | 1.43x | $-31.15K |
| 2016 | -1.33% | -71.16% | 0.02x | 1.19x | $-114.80K |
| 2017 | -68.77% | -169.75% | 0.11x | 3.53x | $-591.49K |
| 2018 | -61.61% | -64.43% | 0.17x | 5.58x | $-333.15K |
Industry Comparison
This section compares EnviroTechnologies International Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EnviroTechnologies International Inc (ETII) | $-890.78K | -30470.45% | N/A | $0.90 |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |