EVO Transportation & Energy Services Inc
EVO Transportation & Energy Services, Inc., through its subsidiaries, operates as a truckload carrier in the United States. The company offers mail transportation and delivery services through trailers, tractors, straight trucks, and other vehicles; and freight and brokerage services. It serves the government and corporate customers. The company was formerly known as Minn Shares, Inc. and changed… Read more
EVO Transportation & Energy Services Inc (EVOA) - Net Assets
Latest net assets as of September 2023: $-15.68 Million USD
Based on the latest financial reports, EVO Transportation & Energy Services Inc (EVOA) has net assets worth $-15.68 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 ($125.72 Million) and total liabilities ($141.40 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 | $-15.68 Million |
| % of Total Assets | -12.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
EVO Transportation & Energy Services Inc - Net Assets Trend (2009–2023)
This chart illustrates how EVO Transportation & Energy Services 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 EVO Transportation & Energy Services Inc (2009–2023)
The table below shows the annual net assets of EVO Transportation & Energy Services Inc from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-15.68 Million | 0.00% |
| 2022-12-31 | $-15.68 Million | +62.72% |
| 2021-12-31 | $-42.06 Million | +28.83% |
| 2020-12-31 | $-59.10 Million | -430.89% |
| 2019-12-31 | $-11.13 Million | -11.03% |
| 2018-12-31 | $-10.03 Million | +21.52% |
| 2017-12-31 | $-12.78 Million | -218.18% |
| 2016-12-31 | $-4.02 Million | -535.90% |
| 2015-12-31 | $-631.41K | -98.01% |
| 2014-12-31 | $-318.89K | -19.45% |
| 2013-12-31 | $-266.95K | -30.49% |
| 2012-12-31 | $-204.58K | -33.68% |
| 2011-12-31 | $-153.04K | -9837.47% |
| 2009-12-31 | $-1.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to EVO Transportation & Energy Services 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 10501043900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $43.00K | % |
| Other Comprehensive Income | $3.47K | % |
| Other Components | $89.86 Million | % |
| Total Equity | $-15.68 Million | 100.00% |
EVO Transportation & Energy Services Inc Competitors by Market Cap
The table below lists competitors of EVO Transportation & Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SMC Global Securities Limited
NSE:SMCGLOBAL
|
$37.78 Million |
|
AKITA Drilling Ltd
PINK:AKTAF
|
$37.79 Million |
|
Onde SA
WAR:OND
|
$37.80 Million |
|
Topower Co Ltd
TWO:3226
|
$37.80 Million |
|
Loyalty Founder Enterprise Co Ltd
TWO:5465
|
$37.77 Million |
|
Mitchell Services Ltd
AU:MSV
|
$37.76 Million |
|
Eyenovia Inc
NASDAQ:EYEN
|
$37.75 Million |
|
Madison Pacific Properties Inc.
TO:MPC
|
$37.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EVO Transportation & Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -15,681,000 to -15,681,000, a change of 0.
- Net loss of 18,226,000 reduced equity.
- Other comprehensive income increased equity by 3,474.
- Other factors increased equity by 18,222,526.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.23 Million | -116.23% |
| Other Comprehensive Income | $3.47K | +0.02% |
| Other Changes | $18.22 Million | +116.21% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares EVO Transportation & Energy Services 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 |
|---|---|---|---|
| 2009-12-31 | $-0.08 | $0.10 | x |
| 2010-12-31 | $-3.12 | $0.10 | x |
| 2011-12-31 | $-6.42 | $0.10 | x |
| 2012-12-31 | $-8.59 | $0.10 | x |
| 2013-12-31 | $-11.20 | $0.10 | x |
| 2014-12-31 | $-13.38 | $0.10 | x |
| 2015-12-31 | $-16.35 | $0.10 | x |
| 2016-12-31 | $-12.66 | $0.10 | x |
| 2017-12-31 | $-32.20 | $0.10 | x |
| 2018-12-31 | $-5.26 | $0.10 | x |
| 2019-12-31 | $-0.78 | $0.10 | x |
| 2020-12-31 | $-4.56 | $0.10 | x |
| 2021-12-31 | $-1.26 | $0.10 | x |
| 2022-12-31 | $-0.04 | $0.10 | x |
| 2023-12-31 | $-0.09 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EVO Transportation & Energy Services 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: -5.89%
- • Asset Turnover: 2.46x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.70K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-78.48K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-64.51K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.09K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.67K |
| 2014 | 0.00% | -43277.50% | 0.01x | 0.00x | $-20.04K |
| 2015 | 0.00% | -1396.21% | 1.24x | 0.00x | $-341.76K |
| 2016 | 0.00% | -607.49% | 0.38x | 0.00x | $-2.53 Million |
| 2017 | 0.00% | -436.88% | 0.22x | 0.00x | $-7.88 Million |
| 2018 | 0.00% | -25.69% | 1.13x | 0.00x | $-5.57 Million |
| 2019 | 0.00% | -18.26% | 1.60x | 0.00x | $-31.60 Million |
| 2020 | 0.00% | -20.43% | 1.61x | 0.00x | $-40.94 Million |
| 2021 | 0.00% | 4.69% | 2.40x | 0.00x | $18.46 Million |
| 2022 | 0.00% | -5.89% | 2.46x | 0.00x | $-16.66 Million |
| 2023 | 0.00% | -5.89% | 2.46x | 0.00x | $-16.66 Million |
Industry Comparison
This section compares EVO Transportation & Energy Services Inc's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $306,491,330
- Average return on equity (ROE) among peers: -68.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EVO Transportation & Energy Services Inc (EVOA) | $-15.68 Million | 0.00% | N/A | $37.78 Million |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.88 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $367.33 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.63 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.27 Billion |
| Link Reservations Inc (LRSV) | $-162.49K | 0.00% | 0.00x | $9.26 |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |