Infinite Networks Corporation
Infinite Networks Corporation offers marketing services for power generation technology. The company was formerly known as Infinite Coffee Company and changed its name to Infinite Networks Corporation April 2004. Infinite Networks Corporation was incorporated in 1993 and is based in Las Vegas, Nevada.
Infinite Networks Corporation (INNX) - Net Assets
Latest net assets as of February 2023: $-12.35 USD
Based on the latest financial reports, Infinite Networks Corporation (INNX) has net assets worth $-12.35 USD as of February 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($647.46) and total liabilities ($659.81). 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 | $-12.35 |
| % of Total Assets | -1.91% |
| Annual Growth Rate | -34.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.27 |
Infinite Networks Corporation - Net Assets Trend (1998–2022)
This chart illustrates how Infinite Networks Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Infinite Networks Corporation (1998–2022)
The table below shows the annual net assets of Infinite Networks Corporation from 1998 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $116.44 | 0.00% |
| 2022-11-30 | $116.44 | -68.96% |
| 2021-12-31 | $375.10 | 0.00% |
| 2021-11-30 | $375.10 | +100.06% |
| 1999-11-30 | $-643.76K | -121.95% |
| 1998-11-30 | $2.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Infinite Networks Corporation'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 93455500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.29K | 4547.08% |
| Other Comprehensive Income | $38.49K | 33058.23% |
| Total Equity | $116.44 | 100.00% |
Infinite Networks Corporation Competitors by Market Cap
The table below lists competitors of Infinite Networks Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northamerican Energy Group Corporation
PINK:NNYR
|
$0.95 |
|
American Silver Mining Co
PINK:ASLM
|
$0.95 |
|
Golden Band Resources Inc
PINK:GBRIF
|
$0.95 |
|
Opus Magnum Ameris Inc
PINK:OPUS
|
$0.95 |
|
Now Corp
PINK:NWPN
|
$0.95 |
|
Apparel Manufacturing Associates Inc
PINK:APPM
|
$0.95 |
|
Haber Inc
PINK:ASPT
|
$0.95 |
|
PSH Group Holding Inc
PINK:GLHD
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Infinite Networks Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2022, total equity changed from 116 to 116, a change of 0 (0.0%).
Equity Change Factors (2022 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Infinite Networks Corporation'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: 634.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-11-30 | $0.00 | $0.00 | x |
| 1999-11-30 | $0.00 | $0.00 | x |
| 2020-11-30 | $0.00 | $0.00 | x |
| 2021-11-30 | $0.00 | $0.00 | x |
| 2022-11-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Infinite Networks Corporation 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): -174.34%
- 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: 5.43x
- Recent ROE (-174.34%) is below the historical average (-59.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -30.59% | 0.00% | 0.00x | 1.35x | $-1.19 Million |
| 1999 | 0.00% | -47940.60% | 0.05x | 0.00x | $-4.71 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-200.40 |
| 2021 | -90.11% | 0.00% | 0.00x | 2.07x | $-375.51 |
| 2022 | -174.34% | 0.00% | 0.00x | 5.43x | $-214.64 |
Industry Comparison
This section compares Infinite Networks Corporation'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 |
|---|---|---|---|---|
| Infinite Networks Corporation (INNX) | $-12.35 | -30.59% | N/A | $0.95 |
| 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 |