Industry Source Consulting Inc
Industry Source Consulting, Inc. focuses on providing various management services to the legal cannabis industry in the United States and Canada. The company was formerly known as Vega Biofuels, Inc. Industry Source Consulting, Inc. was founded in 1986 and is based in Norcross, Georgia.
Industry Source Consulting Inc (INSO) - Net Assets
Latest net assets as of June 2023: $-565.16K USD
Based on the latest financial reports, Industry Source Consulting Inc (INSO) has net assets worth $-565.16K USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.45 Million) and total liabilities ($7.02 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 | $-565.16K |
| % of Total Assets | -8.76% |
| Annual Growth Rate | 0.08% |
| 5-Year Change | 87276.96% |
| 10-Year Change | N/A |
| Growth Volatility | 81375.7 |
Industry Source Consulting Inc - Net Assets Trend (2010–2022)
This chart illustrates how Industry Source Consulting 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 Industry Source Consulting Inc (2010–2022)
The table below shows the annual net assets of Industry Source Consulting Inc from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $384.01K | -62.98% |
| 2021-12-31 | $1.04 Million | +5024.45% |
| 2020-12-31 | $20.24K | -97.90% |
| 2019-12-31 | $964.02K | +219250.38% |
| 2015-12-31 | $439.49 | -99.89% |
| 2011-12-31 | $393.48K | +3.45% |
| 2010-12-31 | $380.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Industry Source Consulting 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 525479900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.44K | 2.72% |
| Other Comprehensive Income | $-10.44K | -2.72% |
| Other Components | $8.10 Million | 2109.87% |
| Total Equity | $384.01K | 100.00% |
Industry Source Consulting Inc Competitors by Market Cap
The table below lists competitors of Industry Source Consulting Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DMSLQ
OTCQB:DMSLQ
|
$0.97 |
|
Pao Group Inc
PINK:PAOG
|
$0.97 |
|
NeoMedia Technologies Inc
PINK:NEOM
|
$0.97 |
|
Terme Bancorp Inc
PINK:TMEB
|
$0.97 |
|
Strattner Financial Group Corp
PINK:SCNG
|
$0.97 |
|
Enseco Energy Services Corp
OTCGREY:ENSRF
|
$0.97 |
|
Railpower Technologies Corp
PINK:RLPHQ
|
$0.97 |
|
Internetarray
PINK:INAR
|
$0.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Industry Source Consulting Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,037,188 to 384,013, a change of -653,175 (-63.0%).
- Net loss of 32,277 reduced equity.
- Other comprehensive income decreased equity by 10,439.
- Other factors decreased equity by 610,459.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-32.28K | -8.41% |
| Other Comprehensive Income | $-10.44K | -2.72% |
| Other Changes | $-610.46K | -158.97% |
| Total Change | $- | -62.98% |
Book Value vs Market Value Analysis
This analysis compares Industry Source Consulting 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: 0.03x
- 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 |
|---|---|---|---|
| 2010-12-31 | $0.20 | $0.00 | x |
| 2011-12-31 | $0.20 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.50 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.01 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Industry Source Consulting 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): -8.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1013.72%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 17.81x
- Recent ROE (-8.41%) is above the historical average (-854.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -35.48% | 0.00% | 0.00x | 1.31x | $-172.98K |
| 2011 | -136.25% | 0.00% | 0.00x | 1.32x | $-575.31K |
| 2015 | -51.66% | -368.83% | 0.11x | 1.32x | $-271.00 |
| 2019 | -200.12% | -992.39% | 0.18x | 1.12x | $-2.03 Million |
| 2020 | -5535.58% | -2035.61% | 0.11x | 24.75x | $-1.12 Million |
| 2021 | -11.14% | -78.97% | 0.08x | 1.68x | $-219.26K |
| 2022 | -8.41% | -1013.72% | 0.00x | 17.81x | $-70.68K |
Industry Comparison
This section compares Industry Source Consulting Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Industry Source Consulting Inc (INSO) | $-565.16K | -35.48% | N/A | $0.97 |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |