GoLogiq Inc
GoLogiq, Inc. provides fintech and mobile solution for digital transformation and consumer data analytics. It offers CreateApp, a mobile app development and publishing platform for small-to-medium sized businesses; AtozGo, a hyper-local app-based delivery platform; AtozPay, an eWallet for mobile top-up, e-commerce purchases, bill payment and microfinance; and Radix, a big data analytics platform.… Read more
GoLogiq Inc (GOLQ) - Net Assets
Latest net assets as of March 2024: $10.19 Million USD
Based on the latest financial reports, GoLogiq Inc (GOLQ) has net assets worth $10.19 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.80 Million) and total liabilities ($1.61 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 | $10.19 Million |
| % of Total Assets | 86.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
GoLogiq Inc - Net Assets Trend (2018–2023)
This chart illustrates how GoLogiq 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 GoLogiq Inc (2018–2023)
The table below shows the annual net assets of GoLogiq Inc from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-2.07 Million | 0.00% |
| 2022-12-31 | $-2.07 Million | -4764.28% |
| 2021-12-31 | $-42.64K | -187.29% |
| 2020-12-31 | $-14.84K | -105.35% |
| 2019-12-31 | $-7.23K | -286.05% |
| 2018-12-31 | $3.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GoLogiq 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 798032800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $40.44K | % |
| Other Comprehensive Income | $-58.00 | % |
| Other Components | $5.87 Million | % |
| Total Equity | $-2.07 Million | 100.00% |
GoLogiq Inc Competitors by Market Cap
The table below lists competitors of GoLogiq Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Imrooz Modaraba
KAR:FIMM
|
$6.32K |
|
GAMMA CIVIC LTD
SEM:GCL
|
$6.32K |
|
PCCW Ltd
MU:TH3B
|
$6.33K |
|
IGI Holdings
KAR:IGIHL
|
$6.34K |
|
Tan De Tech Co., Ltd
TWO:6867
|
$6.31K |
|
CN RAILWAY CONS -H-
MU:4FF
|
$6.31K |
|
CHINA COM CONST -H-
MU:CYY
|
$6.31K |
|
SIVOTA PLC LS -01
F:8ZB
|
$6.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GoLogiq Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -2,074,274 to -2,074,274, a change of 0.
- Net loss of 4,554,322 reduced equity.
- Other factors increased equity by 4,554,322.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.55 Million | -219.56% |
| Other Changes | $4.55 Million | +219.56% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GoLogiq 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 |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $-0.06 | $0.00 | x |
| 2023-12-31 | $-0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GoLogiq 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: -83.50%
- • Asset Turnover: 154.71x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-2.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -15.83% | 0.00% | 0.00x | 1.01x | $-1.00K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.39K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-24.54K |
| 2021 | 0.00% | -0.84% | 9454.33x | 0.00x | $-23.54K |
| 2022 | 0.00% | -83.50% | 154.71x | 0.00x | $-4.35 Million |
| 2023 | 0.00% | -83.50% | 154.71x | 0.00x | $-4.35 Million |
Industry Comparison
This section compares GoLogiq Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GoLogiq Inc (GOLQ) | $10.19 Million | -15.83% | 0.16x | $6.31K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |