Megola Inc
Megola, Inc. develops and sells various physical water treatment devices. It has operations in Canada, China, Indonesia, and the United States. The company is based in Point Edward, Canada.
Megola Inc (MGON) - Net Assets
Latest net assets as of March 2024: $519.66K USD
Based on the latest financial reports, Megola Inc (MGON) has net assets worth $519.66K USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($952.93K) and total liabilities ($433.27K). 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 | $519.66K |
| % of Total Assets | 54.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 701.26 |
Megola Inc - Net Assets Trend (2004–2024)
This chart illustrates how Megola 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 Megola Inc (2004–2024)
The table below shows the annual net assets of Megola Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $519.66K | -82.61% |
| 2023-07-31 | $2.99 Million | +336.02% |
| 2023-03-31 | $685.29K | +435.31% |
| 2022-07-31 | $-204.37K | 0.00% |
| 2022-03-31 | $-204.37K | -178.16% |
| 2021-07-31 | $-73.47K | 0.00% |
| 2021-03-31 | $-73.47K | +99.61% |
| 2020-07-31 | $-18.62 Million | 0.00% |
| 2020-03-31 | $-18.62 Million | +60.16% |
| 2019-03-31 | $-46.75 Million | -2135.13% |
| 2014-03-31 | $2.30 Million | 0.00% |
| 2013-03-31 | $2.30 Million | 0.00% |
| 2012-03-31 | $2.30 Million | +1607.70% |
| 2010-03-31 | $-152.35K | -109.82% |
| 2009-03-31 | $1.55 Million | +321.47% |
| 2008-03-31 | $367.97K | -59.18% |
| 2007-03-31 | $901.47K | +656.74% |
| 2006-03-31 | $-161.92K | -165.06% |
| 2005-03-31 | $248.89K | +219.50% |
| 2004-03-31 | $-208.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Megola 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 96810600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $291.88K | 56.17% |
| Other Comprehensive Income | $-291.88K | -56.17% |
| Other Components | $1.79 Million | 344.81% |
| Total Equity | $519.66K | 100.00% |
Megola Inc Competitors by Market Cap
The table below lists competitors of Megola Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GALILEO RES PLC LS-001
F:2GA
|
$52.04 |
|
CeCors Inc
PINK:CEOS
|
$52.44 |
|
OPTION (OINA.SG)
STU:OINA
|
$52.94 |
|
Trafalgar New Homes Plc
LSE:TRAF
|
$53.11 |
|
BATR
JK:BATR
|
$51.70 |
|
Aspire Capital Holding For Financial Investments
EGX:ASPI
|
$51.67 |
|
THUNDELARRA
MU:TJ3
|
$51.43 |
|
Sdcl Energy Efficiency Income Trust PLC
LSE:SEIT
|
$51.43 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megola Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,988,013 to 519,657, a change of -2,468,356 (-82.6%).
- Net loss of 220,638 reduced equity.
- Other comprehensive income decreased equity by 22,000.
- Other factors decreased equity by 2,225,718.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-220.64K | -42.46% |
| Other Comprehensive Income | $-22.00K | -4.23% |
| Other Changes | $-2.23 Million | -428.31% |
| Total Change | $- | -82.61% |
Book Value vs Market Value Analysis
This analysis compares Megola 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: 3.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | $-39.05 | $0.01 | x |
| 2004-03-31 | $-24.53 | $0.01 | x |
| 2005-03-31 | $19.22 | $0.01 | x |
| 2006-03-31 | $-10.98 | $0.01 | x |
| 2007-03-31 | $47.44 | $0.01 | x |
| 2008-03-31 | $11.91 | $0.01 | x |
| 2009-03-31 | $51.79 | $0.01 | x |
| 2010-03-31 | $-1.05 | $0.01 | x |
| 2019-03-31 | $-0.24 | $0.01 | x |
| 2020-03-31 | $0.00 | $0.01 | x |
| 2020-07-31 | $0.00 | $0.01 | x |
| 2021-03-31 | $0.00 | $0.01 | x |
| 2021-07-31 | $0.00 | $0.01 | x |
| 2022-03-31 | $0.00 | $0.01 | x |
| 2022-07-31 | $0.00 | $0.01 | x |
| 2023-03-31 | $0.00 | $0.01 | x |
| 2023-07-31 | $0.01 | $0.01 | x |
| 2024-03-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megola 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): -42.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1166.47%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.83x
- Recent ROE (-42.46%) is below the historical average (-34.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | -461.25% | 0.00x | 0.00x | $-167.03K |
| 2004 | 0.00% | -1006.01% | 1.58x | 0.00x | $-2.22 Million |
| 2005 | -388.97% | -135.76% | 0.91x | 3.14x | $-993.01K |
| 2006 | 0.00% | -108.55% | 2.01x | 0.00x | $-791.20K |
| 2007 | -82.17% | -267.10% | 0.18x | 1.75x | $-830.90K |
| 2008 | -145.90% | -1474.97% | 0.02x | 4.14x | $-573.67K |
| 2009 | -16.65% | -49.94% | 0.29x | 1.14x | $-413.27K |
| 2010 | 0.00% | -580.85% | 1.41x | 0.00x | $-1.94 Million |
| 2012 | 4.74% | 0.00% | 0.00x | 1.09x | $-120.88K |
| 2013 | -18.72% | 0.00% | 0.00x | 1.09x | $-659.70K |
| 2014 | -1.31% | 0.00% | 0.00x | 1.09x | $-259.82K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.90 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $29.99 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $29.99 Million |
| 2021 | 0.00% | 18996.12% | 1.38x | 0.00x | $18.16 Million |
| 2021 | 0.00% | 18996.12% | 1.38x | 0.00x | $18.16 Million |
| 2022 | 0.00% | -905.77% | 0.21x | 0.00x | $-131.02K |
| 2022 | 0.00% | -905.77% | 0.21x | 0.00x | $-131.02K |
| 2023 | -27.31% | -1354.03% | 0.01x | 1.53x | $-255.67K |
| 2023 | -3.66% | -791.72% | 0.00x | 1.11x | $-408.22K |
| 2024 | -42.46% | -1166.47% | 0.02x | 1.83x | $-272.60K |
Industry Comparison
This section compares Megola Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megola Inc (MGON) | $519.66K | 0.00% | 0.83x | $52.01 |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.34 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |