Netcoins Holdings Inc
Roxmore Resources Inc., an investment company, engages in investing in life sciences, mining, industrial, and technology industries. The company holds a 100% interest in the Carlyle's Newton Gold Project, located approximately 100 km west of the city of Williams Lake in central British Columbia, Canada, Converse Gold Project, an undeveloped gold deposit located within the Battle Mountain trend., … Read more
Netcoins Holdings Inc (GARLF) - Net Assets
Latest net assets as of September 2025: $26.31 Million USD
Based on the latest financial reports, Netcoins Holdings Inc (GARLF) has net assets worth $26.31 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.87 Million) and total liabilities ($7.56 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 | $26.31 Million |
| % of Total Assets | 77.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | 556.14% |
| 10-Year Change | N/A |
| Growth Volatility | 710.82 |
Netcoins Holdings Inc - Net Assets Trend (2009–2024)
This chart illustrates how Netcoins Holdings 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 Netcoins Holdings Inc (2009–2024)
The table below shows the annual net assets of Netcoins Holdings Inc from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.21 Million | +2048.16% |
| 2023-12-31 | $754.81K | -69.47% |
| 2022-12-31 | $2.47 Million | +43.70% |
| 2021-12-31 | $1.72 Million | -30.39% |
| 2020-12-31 | $2.47 Million | +35.69% |
| 2019-12-31 | $1.82 Million | -64.58% |
| 2018-12-31 | $5.14 Million | -53.87% |
| 2017-12-31 | $11.15 Million | +5169.33% |
| 2016-12-31 | $-219.86K | -77.71% |
| 2015-12-31 | $-123.72K | -361.39% |
| 2014-12-31 | $47.33K | +221.31% |
| 2013-12-31 | $-39.02K | +94.33% |
| 2012-12-31 | $-688.22K | -5.07% |
| 2011-12-31 | $-655.04K | -4.60% |
| 2010-12-31 | $-626.26K | +1.09% |
| 2009-12-31 | $-633.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Netcoins Holdings 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 3073116500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.36 Million | 181.08% |
| Other Comprehensive Income | $19.46 Million | 120.02% |
| Other Components | $760.51K | 4.69% |
| Total Equity | $16.21 Million | 100.00% |
Netcoins Holdings Inc Competitors by Market Cap
The table below lists competitors of Netcoins Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Visi Media Asia Tbk
STU:4VM
|
$4.70 Million |
|
aXichem AB
ST:AXIC-A
|
$4.70 Million |
|
Antilles Gold Limited
PINK:ANTMF
|
$4.70 Million |
|
Brait SE
JSE:BAT
|
$4.70 Million |
|
Au Gold Corp
V:AUGC
|
$4.70 Million |
|
Intrasense
PA:ALINS
|
$4.69 Million |
|
Duketon Mining Ltd
AU:DKM
|
$4.69 Million |
|
Arts-Way Manufacturing Co Inc
NASDAQ:ARTW
|
$4.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netcoins Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 754,812 to 16,214,571, a change of 15,459,759 (2048.2%).
- Net loss of 4,366,000 reduced equity.
- New share issuances of 4,350,000 increased equity.
- Other comprehensive income increased equity by 14,297,849.
- Other factors increased equity by 1,177,910.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.37 Million | -26.93% |
| Share Issuances | $4.35 Million | +26.83% |
| Other Comprehensive Income | $14.30 Million | +88.18% |
| Other Changes | $1.18 Million | +7.26% |
| Total Change | $- | 2048.16% |
Book Value vs Market Value Analysis
This analysis compares Netcoins Holdings 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: 0.04x
- 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 |
|---|---|---|---|
| 2009-12-31 | $-10731.36 | $0.10 | x |
| 2010-12-31 | $-10614.53 | $0.10 | x |
| 2011-12-31 | $-11102.36 | $0.10 | x |
| 2012-12-31 | $-11664.69 | $0.10 | x |
| 2013-12-31 | $-269.08 | $0.10 | x |
| 2014-12-31 | $111.11 | $0.10 | x |
| 2015-12-31 | $-274.32 | $0.10 | x |
| 2016-12-31 | $-4.70 | $0.10 | x |
| 2017-12-31 | $142.12 | $0.10 | x |
| 2018-12-31 | $55.78 | $0.10 | x |
| 2019-12-31 | $15.62 | $0.10 | x |
| 2020-12-31 | $20.97 | $0.10 | x |
| 2021-12-31 | $14.76 | $0.10 | x |
| 2022-12-31 | $5.19 | $0.10 | x |
| 2023-12-31 | $1.44 | $0.10 | x |
| 2024-12-31 | $2.32 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netcoins Holdings 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): -26.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-26.93%) is above the historical average (-55.73%), indicating improving 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 | $32.77K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $69.52K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $36.72K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $35.64K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $258.08K |
| 2014 | -79.55% | 0.00% | 0.00x | 2.18x | $-42.38K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-183.63K |
| 2016 | 0.00% | -78.65% | 28.43x | 0.00x | $-74.15K |
| 2017 | -17.81% | -14.03% | 1.23x | 1.03x | $-3.10 Million |
| 2018 | -430.76% | -37.84% | 9.79x | 1.16x | $-22.66 Million |
| 2019 | -55.35% | -2.31% | 19.27x | 1.24x | $-1.19 Million |
| 2020 | 26.30% | 1.49% | 14.13x | 1.25x | $402.88K |
| 2021 | -43.65% | 0.00% | 0.00x | 1.26x | $-922.97K |
| 2022 | -36.46% | 0.00% | 0.00x | 1.10x | $-1.15 Million |
| 2023 | -227.47% | 0.00% | 0.00x | 1.64x | $-1.79 Million |
| 2024 | -26.93% | 0.00% | 0.00x | 1.06x | $-5.99 Million |
Industry Comparison
This section compares Netcoins Holdings Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netcoins Holdings Inc (GARLF) | $26.31 Million | 0.00% | 0.29x | $4.70 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |