EcoLogix Resource Group Inc
Ecologix Resource Group, Inc., a natural resource company, focuses on harvesting and marketing timber. The company engages in harvesting various species of hardwood. It also involves in the production of alternative energy solutions, such as ethanol and biodiesel. The company was formerly known as Battery Control Corp. and changed its name to Ecologix Resource Group, Inc. on July 14, 2009. Ecolog… Read more
EcoLogix Resource Group Inc (EXRG) - Net Assets
Latest net assets as of September 2010: $-9.11 Million USD
Based on the latest financial reports, EcoLogix Resource Group Inc (EXRG) has net assets worth $-9.11 Million USD as of September 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.23 Million) and total liabilities ($11.34 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 | $-9.11 Million |
| % of Total Assets | -409.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
EcoLogix Resource Group Inc - Net Assets Trend (2007–2009)
This chart illustrates how EcoLogix Resource Group 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 EcoLogix Resource Group Inc (2007–2009)
The table below shows the annual net assets of EcoLogix Resource Group Inc from 2007 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $-2.83 Million | -8597.62% |
| 2008-12-31 | $-32.59K | -558.30% |
| 2007-12-31 | $-4.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to EcoLogix Resource Group 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 371116400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.10K | % |
| Other Comprehensive Income | $-17.46K | % |
| Other Components | $849.27K | % |
| Total Equity | $-2.83 Million | 100.00% |
EcoLogix Resource Group Inc Competitors by Market Cap
The table below lists competitors of EcoLogix Resource Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vasamed Inc
PINK:VSMD
|
$0.93 |
|
Interact-TV Inc
PINK:ITVI
|
$0.93 |
|
LEEP Inc
PINK:LPPI
|
$0.93 |
|
Transtech Industries Inc
PINK:TRTI
|
$0.93 |
|
Kinbasha Gaming International Inc
PINK:KNBA
|
$0.93 |
|
Café Serendipity Holdings Inc
PINK:CAFS
|
$0.93 |
|
Southcorp Capital Inc
PINK:STHC
|
$0.93 |
|
In Ovations Hldgs In
PINK:INOH
|
$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EcoLogix Resource Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from -32,586 to -2,834,205, a change of -2,801,619.
- Net loss of 3,630,262 reduced equity.
- Share repurchases of 50,000 reduced equity.
- Other comprehensive income decreased equity by 17,460.
- Other factors increased equity by 896,103.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.63 Million | -128.09% |
| Share Repurchases | $50.00K | -1.76% |
| Other Comprehensive Income | $-17.46K | -0.62% |
| Other Changes | $896.10K | +31.62% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares EcoLogix Resource Group 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 |
|---|---|---|---|
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EcoLogix Resource Group 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: -2829.78%
- • Asset Turnover: 0.06x
- • 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 |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.46K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-77.64K |
| 2009 | 0.00% | -2829.78% | 0.06x | 0.00x | $-3.35 Million |
Industry Comparison
This section compares EcoLogix Resource Group Inc's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $357,757,905
- Average return on equity (ROE) among peers: 5.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EcoLogix Resource Group Inc (EXRG) | $-9.11 Million | 0.00% | N/A | $0.93 |
| Acadian Timber Corp (ACAZF) | $182.19 Million | 3.98% | 0.63x | $105.02 Million |
| Accsys Technologies PLC (ACSYF) | $41.13 Million | -20.08% | 0.30x | $87.44 Million |
| Arma Services Inc (ARMV) | $262.71K | -3.68% | 0.16x | $2.45K |
| Boise Cascad Llc (BCC) | $2.15 Billion | 17.49% | 0.57x | $2.67 Billion |
| Biomass Secure Power Inc (BMSPF) | $-2.95 Million | 0.00% | 0.00x | $171.40K |
| Blue Star Opportunities Corp (BSTO) | $5.97 Million | 4.18% | 0.15x | $127.34 |
| Canfor Corporation (CFPZF) | $678.90 Million | -8.38% | 2.00x | $526.98 Million |
| Conifex Timber Inc (CFXTF) | $116.33 Million | 8.21% | 0.95x | $2.04 Million |
| China Bozza Development Holdings Limited (CHBOF) | $46.72 Million | 48.61% | 3.40x | $1.30 Million |