IGEN Networks Corp
IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. The company provides vehicle tracking and recovery solutions; and direct and secure access to information on the vehicle assets and the driver's behavior. It offers its software services to automotive dealers, financial institutions, government channels, and direct-to-… Read more
IGEN Networks Corp (IGEN) - Net Assets
Latest net assets as of September 2023: $-1.42 Million USD
Based on the latest financial reports, IGEN Networks Corp (IGEN) has net assets worth $-1.42 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 ($33.32K) and total liabilities ($1.45 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 | $-1.42 Million |
| % of Total Assets | -4265.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -450.79% |
| Growth Volatility | 94.35 |
IGEN Networks Corp - Net Assets Trend (2008–2022)
This chart illustrates how IGEN Networks 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 IGEN Networks Corp (2008–2022)
The table below shows the annual net assets of IGEN Networks Corp from 2008 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-839.23K | -37.65% |
| 2021-12-31 | $-609.67K | +30.01% |
| 2020-12-31 | $-871.11K | -5.30% |
| 2019-12-31 | $-827.27K | +6.35% |
| 2018-12-31 | $-883.41K | +36.47% |
| 2017-12-31 | $-1.39 Million | -249.74% |
| 2016-12-31 | $-397.57K | -733.60% |
| 2015-12-31 | $-47.69K | -107.41% |
| 2014-12-31 | $643.45K | +168.96% |
| 2013-12-31 | $239.24K | -26.02% |
| 2012-12-31 | $323.39K | -27.01% |
| 2011-12-31 | $443.05K | -59.44% |
| 2010-12-31 | $1.09 Million | +407.43% |
| 2009-12-31 | $-355.34K | -984.55% |
| 2008-12-31 | $-32.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to IGEN Networks 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 2017014000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.89 Million | % |
| Other Components | $17.44 Million | % |
| Total Equity | $-839.23K | 100.00% |
IGEN Networks Corp Competitors by Market Cap
The table below lists competitors of IGEN Networks Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MGM RESORTS ITL
BE:MGG
|
$305.79K |
|
Adamas One Corp. Common Stock
PINK:JEWL
|
$305.86K |
|
HILG11
SA:HILG11
|
$305.92K |
|
WAERTSILAE - Dusseldorf Stock Exchang
DU:MTA
|
$305.93K |
|
WGELF
OTCGREY:WGELF
|
$305.35K |
|
Ziccum AB
ST:ZICC
|
$305.34K |
|
CHIPOTLE MEXICAN
BE:C9F
|
$305.30K |
|
MITSUI ENGR & SHIP - Dusseldorf Stock Exchang
DU:MU1
|
$305.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IGEN Networks Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -609,668 to -839,225, a change of -229,557.
- Net loss of 907,598 reduced equity.
- Dividend payments of 126,186 reduced retained earnings.
- Share repurchases of 1,250 reduced equity.
- New share issuances of 543,746 increased equity.
- Other factors increased equity by 261,731.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-907.60K | -108.15% |
| Dividends Paid | $126.19K | -15.04% |
| Share Repurchases | $1.25K | -0.15% |
| Share Issuances | $543.75K | +64.79% |
| Other Changes | $261.73K | +31.19% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares IGEN Networks 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 | $0.07 | $0.00 | x |
| 2007-12-31 | $0.02 | $0.00 | x |
| 2008-12-31 | $-0.04 | $0.00 | x |
| 2009-12-31 | $-0.42 | $0.00 | x |
| 2010-12-31 | $0.12 | $0.00 | x |
| 2011-12-31 | $0.04 | $0.00 | x |
| 2012-12-31 | $0.02 | $0.00 | x |
| 2013-12-31 | $0.01 | $0.00 | x |
| 2014-12-31 | $0.03 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2017-12-31 | $-0.04 | $0.00 | x |
| 2018-12-31 | $-0.02 | $0.00 | x |
| 2019-12-31 | $-0.01 | $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 IGEN Networks 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: -285.39%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-81.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -337.82% | 0.00% | 0.00x | 1.00x | $-47.48K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.14K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-287.04K |
| 2010 | -273.10% | 0.00% | 0.00x | 1.62x | $-3.09 Million |
| 2011 | -197.65% | -29684.03% | 0.01x | 1.18x | $-919.98K |
| 2012 | -137.55% | -330.28% | 0.33x | 1.27x | $-477.17K |
| 2013 | -248.25% | -408.56% | 0.25x | 2.44x | $-617.83K |
| 2014 | -116.28% | -103.26% | 0.61x | 1.84x | $-812.57K |
| 2015 | 0.00% | -155.73% | 1.48x | 0.00x | $-1.61 Million |
| 2016 | 0.00% | -73.20% | 1.49x | 0.00x | $-797.00K |
| 2017 | 0.00% | -96.33% | 2.10x | 0.00x | $-1.16 Million |
| 2018 | 0.00% | -96.18% | 1.84x | 0.00x | $-1.06 Million |
| 2019 | 0.00% | -96.95% | 1.36x | 0.00x | $-619.05K |
| 2020 | 0.00% | -819.59% | 0.63x | 0.00x | $-2.93 Million |
| 2021 | 0.00% | -1274.95% | 0.35x | 0.00x | $-3.37 Million |
| 2022 | 0.00% | -285.39% | 0.52x | 0.00x | $-823.68K |
Industry Comparison
This section compares IGEN Networks Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IGEN Networks Corp (IGEN) | $-1.42 Million | -337.82% | N/A | $305.40K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |