KORGW
KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions in the United States and internationally. The company offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. Its products include IoT connectivity-as-a-service; connectivity enab… Read more
KORGW (KORGW) - Net Assets
Latest net assets as of March 2025: $-114.90 Million USD
Based on the latest financial reports, KORGW (KORGW) has net assets worth $-114.90 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($445.13 Million) and total liabilities ($560.03 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 | $-114.90 Million |
| % of Total Assets | -25.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 612.93 |
KORGW - Net Assets Trend (2020–2024)
This chart illustrates how KORGW's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KORGW (2020–2024)
The table below shows the annual net assets of KORGW from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-99.60 Million | -369.39% |
| 2023-09-30 | $36.97 Million | -79.54% |
| 2022-09-30 | $180.67 Million | -32.46% |
| 2021-09-30 | $267.52 Million | +1223.32% |
| 2020-09-30 | $20.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KORGW'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 44763000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $461.76 Million | % |
| Total Equity | $-99.60 Million | 100.00% |
KORGW Competitors by Market Cap
The table below lists competitors of KORGW ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Helix Exploration PLC
LSE:HEX
|
$6.21K |
|
80 Mile Plc
LSE:80M
|
$6.22K |
|
Reliance Weaving Mills Ltd
KAR:REWM
|
$6.22K |
|
Smart for Life, Inc. Common Stock
NASDAQ:SMFL
|
$6.23K |
|
Lee Hedges PLC
CM:SHAWN0000
|
$6.20K |
|
Danang Education Investment And Development JSC
VN:DAD
|
$6.19K |
|
Faisal Islamic Bank of Egypt - In EGP
EGX:FAIT
|
$6.19K |
|
COMPAGNIE DES VILLAGES DE L
SEM:COVI
|
$6.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KORGW's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,973,000 to -99,600,000, a change of -136,573,000 (-369.4%).
- Net loss of 146,076,000 reduced equity.
- Share repurchases of 431,000 reduced equity.
- Other factors increased equity by 9,934,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-146.08 Million | -146.66% |
| Share Repurchases | $431.00K | -0.43% |
| Other Changes | $9.93 Million | +9.97% |
| Total Change | $- | -369.39% |
Book Value vs Market Value Analysis
This analysis compares KORGW'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 |
|---|---|---|---|
| 2020-09-30 | $1.41 | $0.00 | x |
| 2021-09-30 | $18.57 | $0.00 | x |
| 2022-09-30 | $11.84 | $0.00 | x |
| 2023-09-30 | $2.24 | $0.00 | x |
| 2024-09-30 | $-5.86 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KORGW 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: -51.06%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-138.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -174.12% | -16.47% | 0.31x | 34.63x | $-37.22 Million |
| 2021 | -9.26% | -9.97% | 0.33x | 2.84x | $-51.53 Million |
| 2022 | -58.78% | -39.56% | 0.39x | 3.81x | $-124.27 Million |
| 2023 | -451.79% | -60.39% | 0.47x | 15.88x | $-170.74 Million |
| 2024 | 0.00% | -51.06% | 0.63x | 0.00x | $-136.12 Million |
Industry Comparison
This section compares KORGW's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KORGW (KORGW) | $-114.90 Million | -174.12% | N/A | $6.20K |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |