GD Entertainment & Technology Inc
GD Entertainment & Technology, Inc., a blockchain-oriented company, focuses on building and managing a cryptocurrency mining colocation and mining facility. It offers smart investing in mining, providing a range of services related to mining, including supply of equipment and mining pool services. The company is based in Fort Lee, New Jersey.
GD Entertainment & Technology Inc (GDET) - Net Assets
Latest net assets as of August 2019: $-2.13 Million USD
Based on the latest financial reports, GD Entertainment & Technology Inc (GDET) has net assets worth $-2.13 Million USD as of August 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($598.94K) and total liabilities ($2.73 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 | $-2.13 Million |
| % of Total Assets | -356.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | -226.85% |
| 10-Year Change | N/A |
| Growth Volatility | 93.33 |
GD Entertainment & Technology Inc - Net Assets Trend (2001–2021)
This chart illustrates how GD Entertainment & Technology 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 GD Entertainment & Technology Inc (2001–2021)
The table below shows the annual net assets of GD Entertainment & Technology Inc from 2001 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-05-31 | $-2.56 Million | +9.07% |
| 2020-05-31 | $-2.82 Million | -50.68% |
| 2019-05-31 | $-1.87 Million | -46.63% |
| 2018-05-31 | $-1.28 Million | -163.14% |
| 2017-05-31 | $2.02 Million | -1.23% |
| 2016-05-31 | $2.05 Million | +57.58% |
| 2015-05-31 | $1.30 Million | +208.18% |
| 2014-05-31 | $-1.20 Million | -3.62% |
| 2013-05-31 | $-1.16 Million | +51.63% |
| 2005-05-31 | $-2.39 Million | -116.33% |
| 2004-05-31 | $-1.11 Million | -77.18% |
| 2001-05-31 | $-624.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GD Entertainment & Technology 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 1843009300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.31 Million | % |
| Other Comprehensive Income | $-657.00K | % |
| Other Components | $15.54 Million | % |
| Total Equity | $-2.56 Million | 100.00% |
GD Entertainment & Technology Inc Competitors by Market Cap
The table below lists competitors of GD Entertainment & Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medical Cannabis Pay
PINK:REFG
|
$0.95 |
|
Autoco.com Inc
PINK:AOOO
|
$0.95 |
|
Sky440 Inc
PINK:SKYF
|
$0.95 |
|
Digitiliti Inc
PINK:DIGI
|
$0.95 |
|
Islet Holdings Inc
PINK:ISHI
|
$0.95 |
|
Speed Commerce Inc
PINK:SPDC
|
$0.95 |
|
American Metal & Technology Inc
PINK:AMGY
|
$0.95 |
|
Eagle Ford Oil & Gas Corp
PINK:ECCE
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GD Entertainment & Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -2,819,499 to -2,563,812, a change of 255,687.
- Net loss of 139,389 reduced equity.
- Other comprehensive income increased equity by 15,000.
- Other factors increased equity by 380,076.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-139.39K | -5.44% |
| Other Comprehensive Income | $15.00K | +0.59% |
| Other Changes | $380.08K | +14.82% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GD Entertainment & Technology 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 |
|---|---|---|---|
| 2019-05-31 | $0.00 | $0.00 | x |
| 2020-05-31 | $0.00 | $0.00 | x |
| 2021-05-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GD Entertainment & Technology 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: -2345.83%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-297.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -94.04% | 1.09x | 0.00x | $-966.97K |
| 2004 | 0.00% | -16.76% | 1.80x | 0.00x | $-135.23K |
| 2005 | 0.00% | -222.95% | 1.14x | 0.00x | $-2.07 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $78.16K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $78.06K |
| 2015 | -52.77% | 0.00% | 0.00x | 2.66x | $-815.18K |
| 2016 | -3508.93% | 0.00% | 0.00x | 15.65x | $-7.55 Million |
| 2017 | -13.24% | 0.00% | 0.00x | 17.68x | $-44.05K |
| 2018 | 0.00% | -44168.96% | 0.05x | 0.00x | $-2.99 Million |
| 2019 | 0.00% | -2827.08% | 0.07x | 0.00x | $-947.08K |
| 2020 | 0.00% | -2300.93% | 0.12x | 0.00x | $-745.60K |
| 2021 | 0.00% | -2345.83% | 0.02x | 0.00x | $116.99K |
Industry Comparison
This section compares GD Entertainment & Technology Inc's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $306,169,570
- Average return on equity (ROE) among peers: 458.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GD Entertainment & Technology Inc (GDET) | $-2.13 Million | 0.00% | N/A | $0.95 |
| Andersen Group Inc. (ANDG) | $177.50 Million | 66.86% | 1.08x | $242.88K |
| Bright Horizons Family Solutions Inc (BFAM) | $145.51 Million | 13.75% | 0.70x | $4.17 Billion |
| Click Holdings Limited (CLIK) | $403.31K | 199.02% | 3.08x | $871.85K |
| Carriage Services Inc (CSV) | $202.10 Million | 4.70% | 1.31x | $653.20 Million |
| CVS Group plc (CVSGF) | $257.00 Million | 16.30% | 1.23x | $947.94 Million |
| Dror Ortho-Design Inc. (DROR) | $-374.60K | 0.00% | 0.00x | $4.09 Million |
| E-Home Household Service Holdings Ltd (EJH) | $64.27 Million | 9.97% | 0.16x | $2.03 Million |
| Eventiko Inc (EVTK) | $-14.26K | 0.00% | 0.00x | $3.58 Million |
| Fu Shou Yuan International Group Limited (FSHUF) | $2.21 Billion | 10.41% | 0.33x | $717.28 Million |
| Frontdoor Inc (FTDR) | $3.00 Million | 4266.67% | 355.33x | $4.51 Billion |