Startech Labs Inc
Startech Labs, Inc., through its subsidiary, engages in the creation and development of utility/entertainment applications for Google's Android and Apple's iOS platforms in the United States. The company develops customized web solutions for commercial and retail applications; and fare aggregators and travel metasearch engines. It also owns and operates international online travel and hospitality… Read more
Startech Labs Inc (LAAB) - Net Assets
Latest net assets as of February 2025: $-422.41K USD
Based on the latest financial reports, Startech Labs Inc (LAAB) has net assets worth $-422.41K USD as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($422.41K). 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 | $-422.41K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.06 |
Startech Labs Inc - Net Assets Trend (2014–2024)
This chart illustrates how Startech Labs 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 Startech Labs Inc (2014–2024)
The table below shows the annual net assets of Startech Labs Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | $-373.71K | -21.09% |
| 2023-05-31 | $-308.61K | -24.76% |
| 2022-05-31 | $-247.37K | -31.77% |
| 2021-05-31 | $-187.74K | -32.32% |
| 2020-05-31 | $-141.88K | -65.74% |
| 2019-05-31 | $-85.61K | -83.14% |
| 2018-05-31 | $-46.74K | -316.86% |
| 2017-05-31 | $-11.21K | -356.12% |
| 2016-05-31 | $4.38K | +190.59% |
| 2015-05-31 | $-4.83K | -270.00% |
| 2014-05-31 | $2.84K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Startech Labs 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 3908858300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $60.65K | % |
| Other Components | $38.65 Million | % |
| Total Equity | $-373.71K | 100.00% |
Startech Labs Inc Competitors by Market Cap
The table below lists competitors of Startech Labs Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Richmond Minerals Inc
PINK:RMDFF
|
$71.83K |
|
TF1 - Dusseldorf Stock Exchang
DU:FSE
|
$71.94K |
|
JRSIS Health Care Corporation
PINK:JRSS
|
$71.95K |
|
2028 Investment Grade Bond Trust
TO:IGBT-UN
|
$72.00K |
|
RICOH (RIC1.SG)
STU:RIC1
|
$71.81K |
|
TAKARA HOLDINGS - Dusseldorf Stock Exchang
DU:TAX
|
$71.69K |
|
A S CREATION TAP N
BE:ACWN
|
$71.54K |
|
OLYMPUS - Dusseldorf Stock Exchang
DU:OLY1
|
$71.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Startech Labs Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -308,612 to -373,713, a change of -65,101.
- Net loss of 65,101 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-65.10K | -17.42% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Startech Labs 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 |
|---|---|---|---|
| 2013-05-31 | $0.09 | $0.01 | x |
| 2014-05-31 | $0.02 | $0.01 | x |
| 2015-05-31 | $-0.04 | $0.01 | x |
| 2016-05-31 | $0.03 | $0.01 | x |
| 2017-05-31 | $-0.08 | $0.01 | x |
| 2018-05-31 | $-0.32 | $0.01 | x |
| 2019-05-31 | $-0.58 | $0.01 | x |
| 2020-05-31 | $-0.01 | $0.01 | x |
| 2021-05-31 | $0.00 | $0.01 | x |
| 2022-05-31 | $0.00 | $0.01 | x |
| 2023-05-31 | $-0.01 | $0.01 | x |
| 2024-05-31 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Startech Labs 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-82.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -43.24% | 0.00% | 0.00x | 1.00x | $-5.91K |
| 2014 | -290.43% | 0.00% | 0.00x | 2.15x | $-8.54K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.19K |
| 2016 | -655.30% | 0.00% | 0.00x | 3.41x | $-29.13K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.47K |
| 2018 | 0.00% | -765.54% | 1.99x | 0.00x | $-47.07K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.30K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.78 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-118.62K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-34.90K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.38K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.73K |
Industry Comparison
This section compares Startech Labs Inc'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 |
|---|---|---|---|---|
| Startech Labs Inc (LAAB) | $-422.41K | -43.24% | N/A | $71.82K |
| 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 |