Eyecity.Com Inc
EyeCity.com, Inc. operates as a natural resource exploration company. It purchases rights to small scale mining concessions with the intent on developing and assessing the extent of mineralization in the concession areas. The company was incorporated in 1977 and is based in Lake Mary, Florida.
Eyecity.Com Inc (ICTY) - Net Assets
Latest net assets as of March 2025: $-1.38 Million USD
Based on the latest financial reports, Eyecity.Com Inc (ICTY) has net assets worth $-1.38 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($348.00K) and total liabilities ($1.73 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 | $-1.38 Million |
| % of Total Assets | -397.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Eyecity.Com Inc - Net Assets Trend (1999–2024)
This chart illustrates how Eyecity.Com 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 Eyecity.Com Inc (1999–2024)
The table below shows the annual net assets of Eyecity.Com Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.33 Million | +6.96% |
| 2016-12-31 | $-1.43 Million | 0.00% |
| 2015-12-31 | $-1.43 Million | -29.76% |
| 2011-12-31 | $-1.10 Million | -52.13% |
| 2010-12-31 | $-725.86K | -83.27% |
| 2009-12-31 | $-396.06K | +71.04% |
| 2001-12-31 | $-1.37 Million | -236.96% |
| 2000-12-31 | $-405.91K | -120.51% |
| 1999-12-31 | $1.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eyecity.Com 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 366393500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $723.30K | % |
| Other Components | $353.38K | % |
| Total Equity | $-1.33 Million | 100.00% |
Eyecity.Com Inc Competitors by Market Cap
The table below lists competitors of Eyecity.Com Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Green Inc
PINK:ERBB
|
$2.91 |
|
FirsTime Design Ltd
PINK:FTDL
|
$2.91 |
|
Superhero Scramble Inc
PINK:WNRC
|
$2.91 |
|
zvelo Inc
PINK:ZVLO
|
$2.92 |
|
Highland Surprise Consolidated Mining Co
PINK:HSCM
|
$2.90 |
|
Legacy Technology Holdings Inc
PINK:LTHO
|
$2.89 |
|
Arkose Energy Corp
PINK:RKOS
|
$2.89 |
|
REAC Group Inc
PINK:REAC
|
$2.87 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eyecity.Com Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from -944,486 to -1,333,191, a change of -388,705.
- Net loss of 196,858 reduced equity.
- Other comprehensive income increased equity by 855,297.
- Other factors decreased equity by 1,047,144.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-196.86K | -14.77% |
| Other Comprehensive Income | $855.30K | +64.15% |
| Other Changes | $-1.05 Million | -78.54% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Eyecity.Com 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 |
|---|---|---|---|
| 1999-12-31 | $0.27 | $0.00 | x |
| 2000-12-31 | $-0.04 | $0.00 | x |
| 2001-12-31 | $-0.06 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eyecity.Com 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-18.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -208.67% | -156.91% | 0.50x | 2.64x | $-4.33 Million |
| 2000 | 0.00% | -215.70% | 0.70x | 0.00x | $-5.45 Million |
| 2001 | 0.00% | -614.13% | 0.41x | 0.00x | $-1.03 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-551.70K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-396.12K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-309.65K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-145.73K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-117.07K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-119.66K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-97.67K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.54K |
Industry Comparison
This section compares Eyecity.Com Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eyecity.Com Inc (ICTY) | $-1.38 Million | -208.67% | N/A | $2.90 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |