Idglobal Corp
ID Global Corporation, a diversified holdings company, offers a range of business consulting services. The company was formerly known as Utah-Idaho Consolidated Uranium, Inc. and changed its name to ID Global Corporation in March 2006. ID Global Corporation was incorporated in 1954 and is based in Bannockburn, Illinois.
Idglobal Corp (IDGC) - Net Assets
Latest net assets as of September 2023: $-1.29 Million USD
Based on the latest financial reports, Idglobal Corp (IDGC) has net assets worth $-1.29 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($312.17K) and total liabilities ($1.60 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 | $-1.29 Million |
| % of Total Assets | -413.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 424.91 |
Idglobal Corp - Net Assets Trend (2006–2022)
This chart illustrates how Idglobal Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Idglobal Corp (2006–2022)
The table below shows the annual net assets of Idglobal Corp from 2006 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-967.76K | -160.80% |
| 2021-12-31 | $1.59 Million | -16.41% |
| 2020-12-31 | $1.90 Million | +215.48% |
| 2018-12-31 | $-1.65 Million | +7.11% |
| 2017-12-31 | $-1.78 Million | -2.93% |
| 2016-12-31 | $-1.72 Million | -4.39% |
| 2015-12-31 | $-1.65 Million | +42.39% |
| 2014-12-31 | $-2.87 Million | -1042.81% |
| 2007-12-31 | $304.16K | -32.93% |
| 2006-12-31 | $453.48K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Idglobal Corp'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 1257399500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $247.81K | % |
| Other Comprehensive Income | $12.27 Million | % |
| Total Equity | $-967.76K | 100.00% |
Idglobal Corp Competitors by Market Cap
The table below lists competitors of Idglobal Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Response Genetics Inc
PINK:RGDXQ
|
$0.99 |
|
ZipLink Inc
PINK:ZIPL
|
$0.99 |
|
Fitvia Corp
PINK:BRZV
|
$0.99 |
|
Universal Tracking Solutions Inc
PINK:UTRK
|
$0.99 |
|
Foodfest Intl 2000
PINK:FDFT
|
$0.99 |
|
Buzz Technologies Inc
PINK:BZTG
|
$0.99 |
|
International Card Establishment Inc
PINK:ICRD
|
$0.99 |
|
JPO Solutions Inc
PINK:MOPN
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Idglobal Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,541,517 to -967,763, a change of -2,509,280 (-162.8%).
- Net loss of 596,320 reduced equity.
- Other comprehensive income decreased equity by 1,912,965.
- Other factors increased equity by 5.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-596.32K | -61.62% |
| Other Comprehensive Income | $-1.91 Million | -197.67% |
| Other Changes | $5.00 | +0.0% |
| Total Change | $- | -162.78% |
Book Value vs Market Value Analysis
This analysis compares Idglobal Corp'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 |
|---|---|---|---|
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Idglobal Corp 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: -361.30%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-60.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -102.39% | -124.46% | 0.70x | 1.18x | $-509.65K |
| 2007 | -423.74% | -216.08% | 1.50x | 1.31x | $-1.32 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-304.54K |
| 2015 | 0.00% | 37.84% | 0.13x | 0.00x | $216.89K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $104.32K |
| 2017 | -2.84% | -78.80% | 0.03x | 1.43x | $-227.98K |
| 2018 | 0.00% | 8.73% | 0.24x | 0.00x | $240.46K |
| 2020 | -13.68% | -173.91% | 0.03x | 2.48x | $-451.59K |
| 2021 | -64.26% | -210.20% | 0.09x | 3.23x | $-1.14 Million |
| 2022 | 0.00% | -361.30% | 0.31x | 0.00x | $-499.54K |
Industry Comparison
This section compares Idglobal Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Idglobal Corp (IDGC) | $-1.29 Million | -102.39% | N/A | $0.99 |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |