Aquarius AI Inc
P2Earn Inc. operates as an industrial scale technology infrastructure company in Canada. The company serves cryptocurrencies, blockchains, and enterprise level technology projects, including podcast creation and distribution. It provides carbon neutral and energy efficient infrastructure to cryptocurrencies comprising Bitcoin; builds blockchain solutions that provides gaming systems with cryptocu… Read more
Aquarius AI Inc (GOOLF) - Net Assets
Latest net assets as of September 2024: $-1.09 Million USD
Based on the latest financial reports, Aquarius AI Inc (GOOLF) has net assets worth $-1.09 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($79.26K) and total liabilities ($1.17 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 | $-1.09 Million |
| % of Total Assets | -1377.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -322.8% |
| Growth Volatility | 231.45 |
Aquarius AI Inc - Net Assets Trend (2013–2023)
This chart illustrates how Aquarius AI 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 Aquarius AI Inc (2013–2023)
The table below shows the annual net assets of Aquarius AI Inc from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.22 Million | -125.37% |
| 2022-12-31 | $4.82 Million | +357.68% |
| 2021-12-31 | $-1.87 Million | +47.05% |
| 2020-12-31 | $-3.53 Million | +76.47% |
| 2019-12-31 | $-15.02 Million | -297.23% |
| 2018-12-31 | $7.62 Million | +436.73% |
| 2017-12-31 | $-2.26 Million | -649.17% |
| 2016-12-31 | $411.85K | -19.18% |
| 2015-12-31 | $509.60K | -7.21% |
| 2014-12-31 | $549.20K | -9.75% |
| 2013-12-31 | $608.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aquarius AI 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 3483038700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.96 Million | % |
| Other Comprehensive Income | $-221.96K | % |
| Other Components | $1.86 Million | % |
| Total Equity | $-1.24 Million | 100.00% |
Aquarius AI Inc Competitors by Market Cap
The table below lists competitors of Aquarius AI Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MGI Digital Graphic Technology SA
STU:2EI
|
$90.44K |
|
FLOWERS FOODS
BE:FWF
|
$90.45K |
|
ASAHI GROUP HD
BE:ABW
|
$90.51K |
|
JOBY-WS
NYSE:JOBY-WS
|
$90.58K |
|
GENERALE DE SANTE
BE:GD6
|
$90.28K |
|
Hays plc
LSE:HAS
|
$90.26K |
|
Advanced Info Service PCL
STU:AISF
|
$90.22K |
|
NEW GOLD - Dusseldorf Stock Exchang
DU:32N
|
$90.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aquarius AI Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,807,214 to -1,239,667, a change of -6,046,881 (-125.8%).
- Net loss of 7,489,000 reduced equity.
- New share issuances of 910,982 increased equity.
- Other comprehensive income decreased equity by 1,860,949.
- Other factors increased equity by 2,392,086.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.49 Million | -604.11% |
| Share Issuances | $910.98K | +73.49% |
| Other Comprehensive Income | $-1.86 Million | -150.12% |
| Other Changes | $2.39 Million | +192.96% |
| Total Change | $- | -125.79% |
Book Value vs Market Value Analysis
This analysis compares Aquarius AI 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 |
|---|---|---|---|
| 2013-12-31 | $6.05 | $0.00 | x |
| 2014-12-31 | $0.43 | $0.00 | x |
| 2015-12-31 | $1.02 | $0.00 | x |
| 2016-12-31 | $0.10 | $0.00 | x |
| 2017-12-31 | $-0.85 | $0.00 | x |
| 2018-12-31 | $1.04 | $0.00 | x |
| 2019-12-31 | $-1.79 | $0.00 | x |
| 2020-12-31 | $-0.19 | $0.00 | x |
| 2021-12-31 | $-0.03 | $0.00 | x |
| 2022-12-31 | $0.03 | $0.00 | x |
| 2023-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aquarius AI 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: -2921.00%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -16.18% | 0.00% | 0.00x | 1.02x | $-159.29K |
| 2014 | -10.80% | 0.00% | 0.00x | 1.09x | $-114.25K |
| 2015 | -10.60% | -27.06% | 0.36x | 1.08x | $-104.97K |
| 2016 | -23.73% | -3.80% | 5.07x | 1.23x | $-138.93K |
| 2017 | 0.00% | 14.36% | 0.99x | 0.00x | $1.62 Million |
| 2018 | -71.71% | -27.12% | 0.44x | 6.05x | $-6.20 Million |
| 2019 | 0.00% | -297.85% | 9.98x | 0.00x | $-23.39 Million |
| 2020 | 0.00% | 0.00% | -1.54x | 0.00x | $10.30 Million |
| 2021 | 0.00% | -1859.37% | 0.06x | 0.00x | $-2.73 Million |
| 2022 | 65.51% | 1421.13% | 0.03x | 1.33x | $2.67 Million |
| 2023 | 0.00% | -2921.00% | 1.06x | 0.00x | $-7.37 Million |
Industry Comparison
This section compares Aquarius AI Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aquarius AI Inc (GOOLF) | $-1.09 Million | -16.18% | N/A | $90.29K |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |