Loop Energy Inc.
Loop Energy Inc. develops, engages in the manufacture and supply of hydrogen fuel cells to vehicle original equipment manufacturers and power generation system manufacturers in Europe, North America, Australia, China, and rest of the Asia-Pacific. It designs, develops, manufactures, sells, and services hydrogen proton-exchange membrane fuel stacks, modules, and systems for electrification and dec… Read more
Loop Energy Inc. (LPENF) - Net Assets
Latest net assets as of March 2024: $1.26 Million USD
Based on the latest financial reports, Loop Energy Inc. (LPENF) has net assets worth $1.26 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.99 Million) and total liabilities ($16.73 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 | $1.26 Million |
| % of Total Assets | 6.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5365.5 |
Loop Energy Inc. - Net Assets Trend (2018–2023)
This chart illustrates how Loop Energy 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 Loop Energy Inc. (2018–2023)
The table below shows the annual net assets of Loop Energy Inc. from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $6.37 Million | -83.89% |
| 2022-12-31 | $39.51 Million | -47.43% |
| 2021-12-31 | $75.16 Million | +11316.23% |
| 2020-12-31 | $658.32K | +174.81% |
| 2019-12-31 | $-880.02K | +79.35% |
| 2018-12-31 | $-4.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Loop Energy 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 10987272000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $127.67 Million | 2005.84% |
| Other Comprehensive Income | $-179.00K | -2.81% |
| Other Components | $8.31 Million | 130.57% |
| Total Equity | $6.37 Million | 100.00% |
Loop Energy Inc. Competitors by Market Cap
The table below lists competitors of Loop Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GENMAB - Dusseldorf Stock Exchang
DU:GE9
|
$2.15 Million |
|
CIBOX INTER. NOM. EO -02
F:1YH
|
$2.15 Million |
|
Sixty Six Capital Inc
OTCQB:HYHDF
|
$2.15 Million |
|
Klimator AB
ST:KLIMAT
|
$2.15 Million |
|
Can B Corp
NASDAQ:CANB
|
$2.15 Million |
|
OCEAN SKY INTL
F:O3S1
|
$2.15 Million |
|
Purebread Brands Inc.
V:BRED
|
$2.15 Million |
|
Akbar Indomakmur Stimec Tbk
JK:AIMS
|
$2.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Loop Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 39,510,000 to 6,365,000, a change of -33,145,000 (-83.9%).
- Net loss of 34,155,000 reduced equity.
- Other comprehensive income decreased equity by 8,145,000.
- Other factors increased equity by 9,155,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.16 Million | -536.61% |
| Other Comprehensive Income | $-8.14 Million | -127.97% |
| Other Changes | $9.15 Million | +143.83% |
| Total Change | $- | -83.89% |
Book Value vs Market Value Analysis
This analysis compares Loop Energy 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
- Current price-to-book ratio: 0.43x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-0.13 | $0.08 | x |
| 2019-12-31 | $-0.02 | $0.08 | x |
| 2020-12-31 | $0.02 | $0.08 | x |
| 2021-12-31 | $2.41 | $0.08 | x |
| 2022-12-31 | $1.17 | $0.08 | x |
| 2023-12-31 | $0.19 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Loop Energy 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): -536.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1623.34%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 3.45x
- Recent ROE (-536.61%) is below the historical average (-336.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.01 Million |
| 2019 | 0.00% | -916.96% | 0.07x | 0.00x | $-4.20 Million |
| 2020 | -1355.19% | -1633.55% | 0.05x | 15.57x | $-8.99 Million |
| 2021 | -33.29% | -1757.02% | 0.02x | 1.12x | $-32.54 Million |
| 2022 | -94.88% | -1126.41% | 0.06x | 1.40x | $-41.44 Million |
| 2023 | -536.61% | -1623.34% | 0.10x | 3.45x | $-34.79 Million |
Industry Comparison
This section compares Loop Energy Inc.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Loop Energy Inc. (LPENF) | $1.26 Million | 0.00% | 13.30x | $2.15 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |