Meganet Corp
Meganet Corporation invents, develops, and markets data security, intelligence/counter-intelligence, and military operational devices. It provides encrypted products that protect data in biometric USB storage devices, computer files, email, chat, file transfer protocol, and others, as well as digital signature applications and an electronic file shredder that allows for the secure shredding of co… Read more
Meganet Corp (MGNT) - Net Assets
Latest net assets as of June 2017: $-2.24 Million USD
Based on the latest financial reports, Meganet Corp (MGNT) has net assets worth $-2.24 Million USD as of June 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.35K) and total liabilities ($2.24 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 | $-2.24 Million |
| % of Total Assets | -51481.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Meganet Corp - Net Assets Trend (2014–2017)
This chart illustrates how Meganet Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meganet Corp (2014–2017)
The table below shows the annual net assets of Meganet Corp from 2014 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-03-31 | $-2.17 Million | -15.49% |
| 2016-03-31 | $-1.88 Million | -19.12% |
| 2015-03-31 | $-1.58 Million | -37.42% |
| 2014-03-31 | $-1.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meganet Corp'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 123322100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $100.00K | % |
| Other Comprehensive Income | $3.10 Million | % |
| Total Equity | $-2.17 Million | 100.00% |
Meganet Corp Competitors by Market Cap
The table below lists competitors of Meganet Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elaia Investment Spain Socimi SA
MC:YEIS
|
$9.29K |
|
EGIDE (EGID.SG)
STU:EGID
|
$9.29K |
|
MB Securities JSC
VN:MBS
|
$9.30K |
|
CAVELL TOURISTIC INVESTMENTS LTD
SEM:CAVT
|
$9.30K |
|
Organic Agricultural Company Limited
PINK:OGAA
|
$9.27K |
|
Gadoon Textile Mills Ltd
KAR:GADT
|
$9.25K |
|
Third Millennium Industries Inc
PINK:TMLL
|
$9.24K |
|
ARC GROUP WORLDWIDE (ZZ7B.SG)
STU:ZZ7B
|
$9.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meganet Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from -1,880,321 to -2,171,649, a change of -291,328.
- Net loss of 369,653 reduced equity.
- Other comprehensive income increased equity by 78,325.
- Other factors decreased equity by 0.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-369.65K | -17.02% |
| Other Comprehensive Income | $78.33K | +3.61% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Meganet Corp'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 |
|---|---|---|---|
| 2016-03-31 | $0.00 | $0.00 | x |
| 2017-03-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meganet Corp 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: -308044.17%
- • Asset Turnover: 0.73x
- • 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 |
|---|---|---|---|---|---|
| 2014 | 0.00% | -4667.39% | 0.19x | 0.00x | $-794.39K |
| 2015 | 0.00% | -3969.02% | 0.22x | 0.00x | $-331.49K |
| 2016 | 0.00% | -452.95% | 4.19x | 0.00x | $-186.19K |
| 2017 | 0.00% | -308044.17% | 0.73x | 0.00x | $-152.49K |
Industry Comparison
This section compares Meganet Corp's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $15,303,325,457
- Average return on equity (ROE) among peers: -13.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meganet Corp (MGNT) | $-2.24 Million | 0.00% | N/A | $9.28K |
| Airborne Security & Protective Services Inc (ABPR) | $-726.53K | 0.00% | 0.00x | $0.95 |
| ADT Inc (ADT) | $702.90 Million | -10.36% | 2.30x | $3.11 Billion |
| Aether Global Innovations Corp. (AETHF) | $-152.09K | 0.00% | 0.00x | $93.45K |
| Ameriguard Security Services Inc. (AGSS) | $-3.12 Million | 0.00% | 0.00x | $2.10 Million |
| Allegion PLC (ALLE) | $-55.70 Million | 0.00% | 0.00x | $12.39 Billion |
| Avante Logixx Inc (ALXXF) | $13.51 Million | -22.42% | 0.86x | $10.92 Million |
| ANTVF (ANTVF) | $254.48 Million | 4.87% | 0.92x | $55.07 Million |
| ASSA ABLOY AB (publ) (ASAZF) | $101.46 Billion | 14.45% | 1.05x | $29.24 Billion |
| Assa Abloy AB (ASAZY) | $50.66 Billion | 17.04% | 0.96x | $13.04 Billion |
| ATWEC Technologies Inc (ATWT) | $1.23 Million | -134.54% | 1.72x | $9.69 |