Halitron Inc
Halitron, Inc., an equity holding company, focuses on acquiring sales, marketing, and manufacturing businesses and rolls their assets into its infrastructure. It acquires bankrupt, distressed, insolvent companies inexpensively; and profitable companies at a multiple of EBITDA ranging from two to four times. The company also engages in digital marketing services, such as Website development, email… Read more
Halitron Inc (HAON) - Net Assets
Latest net assets as of March 2018: $-4.28 Million USD
Based on the latest financial reports, Halitron Inc (HAON) has net assets worth $-4.28 Million USD as of March 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.97 Million) and total liabilities ($7.25 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 | $-4.28 Million |
| % of Total Assets | -144.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Halitron Inc - Net Assets Trend (2005–2017)
This chart illustrates how Halitron 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 Halitron Inc (2005–2017)
The table below shows the annual net assets of Halitron Inc from 2005 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-12-31 | $-4.33 Million | -26.67% |
| 2016-12-31 | $-3.42 Million | -3732.56% |
| 2015-12-31 | $94.11K | +106.78% |
| 2007-12-31 | $-1.39 Million | -5.90% |
| 2006-12-31 | $-1.31 Million | -44.32% |
| 2005-12-31 | $-907.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Halitron 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 grown by 160571400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $727.94K | % |
| Other Comprehensive Income | $-377.44K | % |
| Total Equity | $-4.33 Million | 100.00% |
Halitron Inc Competitors by Market Cap
The table below lists competitors of Halitron Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hawk Systems Inc
PINK:HWSY
|
$1.00 |
|
China Electronics Holdings Inc
PINK:MSBN
|
$1.00 |
|
Zulu-Tek Inc
PINK:ZULU
|
$1.00 |
|
Vitamin Blue
PINK:VTMB
|
$1.00 |
|
Hemagen Diagnostics Inc
PINK:HMGN
|
$1.00 |
|
Roboserver Systems Corp
PINK:RBSY
|
$1.00 |
|
Associates First Capital Corp
PINK:ASFZ
|
$1.00 |
|
Crumbs Bake Shop Inc
PINK:CRMBQ
|
$1.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halitron Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from -3,418,461 to -4,330,325, a change of -911,864.
- Net loss of 377,000 reduced equity.
- Other comprehensive income decreased equity by 338,456.
- Other factors decreased equity by 196,408.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-377.00K | -8.71% |
| Other Comprehensive Income | $-338.46K | -7.82% |
| Other Changes | $-196.41K | -4.54% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Halitron 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 |
|---|---|---|---|
| 2005-12-31 | $-0.11 | $0.00 | x |
| 2006-12-31 | $-0.15 | $0.00 | x |
| 2007-12-31 | $-0.11 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halitron 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: -52.05%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (19.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.07 Million |
| 2006 | 0.00% | -35370.32% | 0.01x | 0.00x | $-1.12 Million |
| 2007 | 0.00% | -3922033.90% | 0.00x | 0.00x | $-2.17 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.88K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-123.06K |
| 2015 | 155.17% | 12.34% | 1.42x | 8.85x | $136.61K |
| 2016 | 0.00% | -742.61% | 0.09x | 0.00x | $-645.15K |
| 2017 | 0.00% | -52.05% | 0.21x | 0.00x | $56.03K |
Industry Comparison
This section compares Halitron 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 |
|---|---|---|---|---|
| Halitron Inc (HAON) | $-4.28 Million | 0.00% | N/A | $1.00 |
| 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 |