Location Based Techs
Location Based Technologies, Inc. provides submersible waterproof and virtually indestructible GPS devices. It offers solutions for small businesses, trucking and freight, construction and equipment, logistics, and global tracking. The company also provides mobile Asset Solutions. Location Based Technologies, Inc. is based in Irvine, California.
Location Based Techs (LBAS) - Net Assets
Latest net assets as of November 2024: $-6.76 Million USD
Based on the latest financial reports, Location Based Techs (LBAS) has net assets worth $-6.76 Million USD as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($151.58K) and total liabilities ($6.92 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 | $-6.76 Million |
| % of Total Assets | -4462.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -1536.24% |
| Growth Volatility | 18171.42 |
Location Based Techs - Net Assets Trend (2006–2024)
This chart illustrates how Location Based Techs's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Location Based Techs (2006–2024)
The table below shows the annual net assets of Location Based Techs from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $-6.67 Million | -2.10% |
| 2023-08-31 | $-6.53 Million | -5.41% |
| 2022-08-31 | $-6.20 Million | -0.17% |
| 2020-08-31 | $-6.19 Million | +38.04% |
| 2014-08-31 | $-9.98 Million | -47.70% |
| 2013-08-31 | $-6.76 Million | -921.63% |
| 2012-08-31 | $-661.57K | -114.58% |
| 2011-08-31 | $4.54 Million | +198.38% |
| 2010-08-31 | $-4.61 Million | -1093.16% |
| 2009-08-31 | $464.30K | -62.24% |
| 2008-08-31 | $1.23 Million | +182.62% |
| 2007-08-31 | $-1.49 Million | -42377.70% |
| 2006-08-31 | $3.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Location Based Techs'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 6313896300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $443.78K | % |
| Other Comprehensive Income | $-3.87K | % |
| Other Components | $56.03 Million | % |
| Total Equity | $-6.67 Million | 100.00% |
Location Based Techs Competitors by Market Cap
The table below lists competitors of Location Based Techs ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PORCF
OTCMKTS:PORCF
|
$36.80 |
|
MCNICHOLS NIGERIA PLC
XNSA:MCNICHOLS
|
$36.87 |
|
Prairie Lithium Limited
AU:PL9
|
$36.92 |
|
TATSUTA EL.WIRE
F:3U3
|
$36.95 |
|
DKHH
JK:DKHH
|
$36.53 |
|
GEO JS Tech Group Corp
PINK:GJST
|
$36.53 |
|
ACTIVE BIOTECH (BTPC.SG)
STU:BTPC
|
$36.50 |
|
Octopus Aim VCT 2 PLC
LSE:OSEC
|
$36.47 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Location Based Techs's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -6,531,202 to -6,668,455, a change of -137,253.
- Net loss of 5,870 reduced equity.
- Other comprehensive income increased equity by 440,022.
- Other factors decreased equity by 571,405.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.87K | -0.09% |
| Other Comprehensive Income | $440.02K | +6.6% |
| Other Changes | $-571.40K | -8.57% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Location Based Techs'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 |
|---|---|---|---|
| 2006-08-31 | $0.00 | $0.00 | x |
| 2007-08-31 | $-0.11 | $0.00 | x |
| 2008-08-31 | $0.02 | $0.00 | x |
| 2009-08-31 | $0.01 | $0.00 | x |
| 2010-08-31 | $-0.05 | $0.00 | x |
| 2011-08-31 | $0.04 | $0.00 | x |
| 2012-08-31 | $0.00 | $0.00 | x |
| 2013-08-31 | $-0.03 | $0.00 | x |
| 2014-08-31 | $-0.04 | $0.00 | x |
| 2020-08-31 | $-0.02 | $0.00 | x |
| 2022-08-31 | $-0.01 | $0.00 | x |
| 2023-08-31 | $-0.01 | $0.00 | x |
| 2024-08-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Location Based Techs 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: -4.07%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-225.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -17.67% | 0.00% | 0.00x | 1.19x | $-974.00 |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.36 Million |
| 2008 | -629.03% | -132940.91% | 0.00x | 1.86x | $-7.86 Million |
| 2009 | -2098.24% | -1017.07% | 0.29x | 7.11x | $-9.79 Million |
| 2010 | 0.00% | -13508.63% | 0.05x | 0.00x | $-8.60 Million |
| 2011 | -181.25% | -48457.22% | 0.00x | 2.07x | $-8.68 Million |
| 2012 | 0.00% | -1456.69% | 0.11x | 0.00x | $-8.63 Million |
| 2013 | 0.00% | -576.08% | 0.57x | 0.00x | $-10.37 Million |
| 2014 | 0.00% | -302.06% | 0.73x | 0.00x | $-4.15 Million |
| 2020 | 0.00% | 64.61% | 1.71x | 0.00x | $1.03 Million |
| 2022 | 0.00% | 83.00% | 1.13x | 0.00x | $950.71K |
| 2023 | 0.00% | -156.32% | 1.07x | 0.00x | $318.04K |
| 2024 | 0.00% | -4.07% | 0.94x | 0.00x | $660.98K |
Industry Comparison
This section compares Location Based Techs's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,769,515,738
- Average return on equity (ROE) among peers: -9.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Location Based Techs (LBAS) | $-6.76 Million | -17.67% | N/A | $36.62 |
| Autoscope Technologies Corp (AATC) | $3.70 Million | -10.81% | 0.19x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $36.10 Million | 0.00% | 0.35x | $23.47 Million |
| Applied Energetics (AERG) | $19.21 Million | 0.00% | 4.67x | $135.01 Million |
| Ainos Inc (AIMD) | $6.79 Million | -23.84% | 0.41x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $79.82 Million | -72.78% | 0.32x | $66.41 Million |
| Haber Inc (ASPT) | $-508.35K | 0.00% | 0.00x | $0.94 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.95 |
| AERWINS Technologies Inc. (AWIN) | $-5.03 Million | 0.00% | 0.00x | $92.43 |
| Badger Meter Inc (BMI) | $40.46 Million | 8.31% | 1.44x | $4.32 Billion |