HyperBlock Inc
HyperBlock Inc., a crypto-asset company, owns and operates cryptocurrency data centers in North America. Its product offerings include cryptocurrency mining, Mining-as-a-Service, server hosting, and server hardware. HyperBlock Inc. was formerly known as HyperBlock Technologies Corp. and changed its name to HyperBlock Inc. in July 2018. The company was founded in 2017 and is based in Toronto, Cana… Read more
HyperBlock Inc (HYBOF) - Net Assets
Latest net assets as of September 2019: $6.99 Million USD
Based on the latest financial reports, HyperBlock Inc (HYBOF) has net assets worth $6.99 Million USD as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.53 Million) and total liabilities ($17.54 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 | $6.99 Million |
| % of Total Assets | 28.49% |
| Annual Growth Rate | -36.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
HyperBlock Inc - Net Assets Trend (2017–2018)
This chart illustrates how HyperBlock 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 HyperBlock Inc (2017–2018)
The table below shows the annual net assets of HyperBlock Inc from 2017 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $8.00 Million | -36.94% |
| 2017-12-31 | $12.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HyperBlock 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 18134.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $51.37 Million | 642.44% |
| Other Comprehensive Income | $452.06K | 5.65% |
| Total Equity | $8.00 Million | 100.00% |
HyperBlock Inc Competitors by Market Cap
The table below lists competitors of HyperBlock Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NESTLE NIGERIA PLC
XNSA:NESTLE
|
$19.11K |
|
Bens Creek Group Plc
PINK:BENCF
|
$19.11K |
|
Teleservice Holding AG
MU:TH51
|
$19.13K |
|
Logica Ventures Corp
V:LOG-P
|
$19.14K |
|
GEELY AUTOMOBILE - Dusseldorf Stock Exchang
DU:GRU
|
$19.08K |
|
Inspire Veterinary Partners, Inc. Class A Common Stock
NASDAQ:IVP
|
$19.03K |
|
114920
KO:114920
|
$19.01K |
|
Instant Group AG
F:CCB
|
$18.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HyperBlock Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 12,679,088 to 7,995,768, a change of -4,683,320 (-36.9%).
- Net loss of 44,067,450 reduced equity.
- New share issuances of 12,918,725 increased equity.
- Other comprehensive income increased equity by 488,705.
- Other factors increased equity by 25,976,700.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-44.07 Million | -551.13% |
| Share Issuances | $12.92 Million | +161.57% |
| Other Comprehensive Income | $488.70K | +6.11% |
| Other Changes | $25.98 Million | +324.88% |
| Total Change | $- | -36.94% |
Book Value vs Market Value Analysis
This analysis compares HyperBlock 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: 0.00x
- 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 |
|---|---|---|---|
| 2017-12-31 | $0.05 | $0.00 | x |
| 2018-12-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HyperBlock 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): -551.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -398.83%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 3.35x
- Recent ROE (-551.13%) is below the historical average (-274.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.92% | 67.19% | 0.03x | 1.04x | $-1.02 Million |
| 2018 | -551.13% | -398.83% | 0.41x | 3.35x | $-44.87 Million |
Industry Comparison
This section compares HyperBlock 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 |
|---|---|---|---|---|
| HyperBlock Inc (HYBOF) | $6.99 Million | 1.92% | 2.51x | $19.11K |
| 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 |