Aurum Resource and Asset Management Inc
Innovest Global, Inc. engages in the commercial and industrial, energy, and biotechnology and health services sectors. It designs, engineers, tests, and manufactures curtain wall systems; supplies personal protection equipment, apparel, and safety supplies; offers inbound and outbound call services; negotiates and purchases various exterior building products. The company also provides energy serv… Read more
Aurum Resource and Asset Management Inc (IVST) - Net Assets
Latest net assets as of September 2021: $-16.18 Million USD
Based on the latest financial reports, Aurum Resource and Asset Management Inc (IVST) has net assets worth $-16.18 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.04 Million) and total liabilities ($27.22 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 | $-16.18 Million |
| % of Total Assets | -146.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -9678.46% |
| 10-Year Change | N/A |
| Growth Volatility | 2781.89 |
Aurum Resource and Asset Management Inc - Net Assets Trend (2003–2020)
This chart illustrates how Aurum Resource and Asset Management 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 Aurum Resource and Asset Management Inc (2003–2020)
The table below shows the annual net assets of Aurum Resource and Asset Management Inc from 2003 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $-17.92 Million | +6.38% |
| 2019-12-31 | $-19.14 Million | -1116.63% |
| 2018-12-31 | $-1.57 Million | -63150.38% |
| 2017-12-31 | $-2.49K | -101.33% |
| 2016-12-31 | $187.06K | -31.34% |
| 2015-12-31 | $272.44K | -3.13% |
| 2014-12-31 | $281.24K | +337.18% |
| 2013-12-31 | $-118.58K | +89.77% |
| 2011-12-31 | $-1.16 Million | +22.43% |
| 2008-12-31 | $-1.49 Million | -8428.30% |
| 2007-12-31 | $17.94K | -65.30% |
| 2006-12-31 | $51.70K | +104.55% |
| 2005-12-31 | $25.27K | -73.25% |
| 2004-12-31 | $94.47K | +38.50% |
| 2003-12-31 | $68.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aurum Resource and Asset Management 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 38350.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $183.74K | % |
| Other Comprehensive Income | $-183.74K | % |
| Other Components | $11.19 Million | % |
| Total Equity | $-17.92 Million | 100.00% |
Aurum Resource and Asset Management Inc Competitors by Market Cap
The table below lists competitors of Aurum Resource and Asset Management Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cairo Educational Services
EGX:CAED
|
$10.33K |
|
Shaperon Inc.
KO:378800
|
$10.33K |
|
HANG LUNG PROP
MU:AOP
|
$10.33K |
|
USIMINAS PFD-A N1
STU:U1S1
|
$10.33K |
|
JAPAN ASIA INVT
BE:JAN
|
$10.31K |
|
Eagle Eye Solutions Group plc
LSE:EYE
|
$10.31K |
|
VALORA EFFEKTEN HAN
MU:VEH
|
$10.30K |
|
WebComm Technology Co. Ltd.
TWO:6865
|
$10.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aurum Resource and Asset Management Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -19,138,078 to -17,917,273, a change of 1,220,805.
- Net loss of 4,462,025 reduced equity.
- Other comprehensive income decreased equity by 34,641.
- Other factors increased equity by 5,717,471.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.46 Million | -24.9% |
| Other Comprehensive Income | $-34.64K | -0.19% |
| Other Changes | $5.72 Million | +31.91% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Aurum Resource and Asset Management 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 |
|---|---|---|---|
| 2003-12-31 | $72.56 | $0.00 | x |
| 2004-12-31 | $100.50 | $0.00 | x |
| 2005-12-31 | $26.89 | $0.00 | x |
| 2006-12-31 | $55.00 | $0.00 | x |
| 2007-12-31 | $19.09 | $0.00 | x |
| 2008-12-31 | $-1589.55 | $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 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.13 | $0.00 | x |
| 2020-12-31 | $-0.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aurum Resource and Asset Management 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: -59.29%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-588.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -150.60% | -13.31% | 2.49x | 4.55x | $-109.54K |
| 2004 | 17.33% | 1.94% | 2.70x | 3.30x | $6.92K |
| 2005 | -275.40% | -8.46% | 6.92x | 4.71x | $-72.13K |
| 2006 | 56.44% | 2.57% | 7.62x | 2.88x | $24.01K |
| 2007 | -9011.73% | -93.89% | 3.88x | 24.72x | $-1.62 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $272.04K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $80.07K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $115.10K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.22K |
| 2014 | 2.07% | 0.00% | 0.00x | 2.24x | $-22.31K |
| 2015 | -0.64% | 0.00% | 0.00x | 2.31x | $-28.99K |
| 2016 | -45.65% | 0.00% | 0.00x | 3.39x | $-104.09K |
| 2017 | 0.00% | -249.79% | 0.23x | 0.00x | $-124.04K |
| 2018 | 0.00% | -74.85% | 0.51x | 0.00x | $-4.74 Million |
| 2019 | 0.00% | -48.45% | 3.16x | 0.00x | $-17.58 Million |
| 2020 | 0.00% | -59.29% | 0.71x | 0.00x | $-2.67 Million |
Industry Comparison
This section compares Aurum Resource and Asset Management Inc's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aurum Resource and Asset Management Inc (IVST) | $-16.18 Million | -150.60% | N/A | $10.32K |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |