Logicquest Technology Inc
Coyni, Inc. does not have significant operations. The company is seeking investment opportunities. Previously, it operated as a broadband network service provider that offers internet connectivity to corporate clients on a subscription basis. The company was formerly known as Logicquest Technology, Inc. and changed its name to Coyni, Inc. in June 2023. The company is based in San Diego, Californi… Read more
Logicquest Technology Inc (LOGQ) - Net Assets
Latest net assets as of September 2024: $-15.72K USD
Based on the latest financial reports, Logicquest Technology Inc (LOGQ) has net assets worth $-15.72K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($15.72K). 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 | $-15.72K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Logicquest Technology Inc - Net Assets Trend (1999–2023)
This chart illustrates how Logicquest Technology 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 Logicquest Technology Inc (1999–2023)
The table below shows the annual net assets of Logicquest Technology Inc from 1999 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-156.84K | -451.25% |
| 2022-12-31 | $-28.45K | +99.56% |
| 2021-12-31 | $-6.51 Million | -6.60% |
| 2020-12-31 | $-6.11 Million | -7.19% |
| 2019-12-31 | $-5.70 Million | -7.62% |
| 2018-12-31 | $-5.30 Million | -11.82% |
| 2017-12-31 | $-4.74 Million | -12.55% |
| 2016-12-31 | $-4.21 Million | -13.40% |
| 2015-12-31 | $-3.71 Million | -33.37% |
| 2013-12-31 | $-2.78 Million | -24.99% |
| 2012-12-31 | $-2.23 Million | -31.13% |
| 2011-12-31 | $-1.70 Million | -14.37% |
| 2010-12-31 | $-1.48 Million | -12.16% |
| 2009-12-31 | $-1.32 Million | +2.29% |
| 2008-12-31 | $-1.35 Million | -27.21% |
| 2007-12-31 | $-1.06 Million | -0.32% |
| 2006-12-31 | $-1.06 Million | -49.25% |
| 2005-12-31 | $-711.05K | +39.11% |
| 2004-12-31 | $-1.17 Million | -2.40% |
| 2003-12-31 | $-1.14 Million | -141.44% |
| 2002-12-31 | $-472.33K | -9.67% |
| 2001-12-31 | $-430.69K | -1.77% |
| 2000-12-31 | $-423.19K | -350.19% |
| 1999-12-31 | $-94.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Logicquest Technology 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 2315762600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $101.30K | % |
| Other Components | $29.32 Million | % |
| Total Equity | $-156.84K | 100.00% |
Logicquest Technology Inc Competitors by Market Cap
The table below lists competitors of Logicquest Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
$8.35 Million |
|
Britania PCL
BK:BRI
|
$8.35 Million |
|
Edgewater Wireless Systems Inc
PINK:KPIFF
|
$8.35 Million |
|
Ark Mines Ltd
AU:AHK
|
$8.35 Million |
|
K.M.Sugar Mills Limited
NSE:KMSUGAR
|
$8.34 Million |
|
Serstech AB
ST:SERT
|
$8.34 Million |
|
FELIX Group Holdings Ltd
AU:FLX
|
$8.34 Million |
|
Nantai International Inc
PINK:NTAI
|
$8.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Logicquest Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -28,451 to -156,837, a change of -128,386.
- Net loss of 350,088 reduced equity.
- Other factors increased equity by 221,702.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-350.09K | -223.22% |
| Other Changes | $221.70K | +141.36% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Logicquest Technology 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 |
|---|---|---|---|
| 1999-12-31 | $0.00 | $0.49 | x |
| 2000-12-31 | $-40.84 | $0.49 | x |
| 2001-12-31 | $-43.73 | $0.49 | x |
| 2002-12-31 | $-24.07 | $0.49 | x |
| 2003-12-31 | $-18.48 | $0.49 | x |
| 2004-12-31 | $-10.80 | $0.49 | x |
| 2005-12-31 | $-3.09 | $0.49 | x |
| 2006-12-31 | $-2.40 | $0.49 | x |
| 2007-12-31 | $-1.53 | $0.49 | x |
| 2008-12-31 | $-1.12 | $0.49 | x |
| 2009-12-31 | $-1.02 | $0.49 | x |
| 2010-12-31 | $-1.14 | $0.49 | x |
| 2011-12-31 | $-1.30 | $0.49 | x |
| 2012-12-31 | $-0.97 | $0.49 | x |
| 2013-12-31 | $-1.21 | $0.49 | x |
| 2014-12-31 | $-1.40 | $0.49 | x |
| 2015-12-31 | $-1.61 | $0.49 | x |
| 2016-12-31 | $-1.83 | $0.49 | x |
| 2017-12-31 | $-2.06 | $0.49 | x |
| 2018-12-31 | $-2.30 | $0.49 | x |
| 2019-12-31 | $-2.48 | $0.49 | x |
| 2020-12-31 | $-2.65 | $0.49 | x |
| 2021-12-31 | $-2.83 | $0.49 | x |
| 2022-12-31 | $-0.01 | $0.49 | x |
| 2023-12-31 | $0.00 | $0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Logicquest Technology 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 below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -252535.90% | 0.03x | 0.00x | $-6.41 Million |
| 2000 | 0.00% | -3396.47% | 0.56x | 0.00x | $-3.43 Million |
| 2001 | 0.00% | -185.29% | 0.66x | 0.00x | $-1.17 Million |
| 2002 | 0.00% | -169.77% | 1.57x | 0.00x | $-2.90 Million |
| 2003 | 0.00% | -113.80% | 2.90x | 0.00x | $-2.43 Million |
| 2004 | 0.00% | -57.70% | 2.39x | 0.00x | $-523.43K |
| 2005 | 0.00% | -167.06% | 3.81x | 0.00x | $-4.09 Million |
| 2006 | 0.00% | -247.89% | 5.38x | 0.00x | $-9.09 Million |
| 2007 | 0.00% | -87.85% | 10.85x | 0.00x | $-5.02 Million |
| 2008 | 0.00% | -40.40% | 7.65x | 0.00x | $-1.66 Million |
| 2009 | 0.00% | -90.98% | 2.19x | 0.00x | $-187.45K |
| 2010 | 0.00% | -86.72% | 8.73x | 0.00x | $-97.19K |
| 2011 | 0.00% | -212.48% | 14.76x | 0.00x | $-303.56K |
| 2012 | 0.00% | -368.65% | 8.22x | 0.00x | $-305.80K |
| 2013 | 0.00% | -553.66% | 6.76x | 0.00x | $-278.01K |
| 2014 | 0.00% | -1328.15% | 0.00x | 0.00x | $-163.56K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-115.36K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-76.47K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-54.66K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.35K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-154.03K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-119.91K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.46K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-224.25K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-334.40K |
Industry Comparison
This section compares Logicquest Technology Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Logicquest Technology Inc (LOGQ) | $-15.72K | 0.00% | N/A | $8.35 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |