Mass Megawatts Wind Power, Inc.
Mass Megawatts Wind Power, Inc. engages in developing solar power systems for commercial and residential electric users in the United States. The company provides solar tracking systems to adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. It intends to build, patent, and operate wind energy generated power plants utilizing proprietary MultiAxi… Read more
Mass Megawatts Wind Power, Inc. (MMMWD) - Net Assets
Latest net assets as of January 2024: $-413.31K USD
Based on the latest financial reports, Mass Megawatts Wind Power, Inc. (MMMWD) has net assets worth $-413.31K USD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.25K) and total liabilities ($416.55K). 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 | $-413.31K |
| % of Total Assets | -12736.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Mass Megawatts Wind Power, Inc. - Net Assets Trend (2021–2023)
This chart illustrates how Mass Megawatts Wind Power, 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 Mass Megawatts Wind Power, Inc. (2021–2023)
The table below shows the annual net assets of Mass Megawatts Wind Power, Inc. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-04-30 | $-269.88K | -1420.96% |
| 2022-04-30 | $-17.74K | +68.81% |
| 2021-04-30 | $-56.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mass Megawatts Wind Power, 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 63252800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $8.62 Million | % |
| Total Equity | $-269.88K | 100.00% |
Mass Megawatts Wind Power, Inc. Competitors by Market Cap
The table below lists competitors of Mass Megawatts Wind Power, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Captor Capital Corp
STU:NMVA
|
$3.63K |
|
Bemax Inc
PINK:BMXC
|
$3.63K |
|
AIC Resources Limited
MU:HLS
|
$3.64K |
|
LONKING HLDGS
MU:C9IB
|
$3.64K |
|
VLA
VN:VLA
|
$3.63K |
|
Glory Star New Media Group Holdings Limited
NASDAQ:GSMGW
|
$3.63K |
|
alpha-En Corporation
PINK:ALPE
|
$3.62K |
|
Soochow Suzhou Industrial Park
SHG:508027
|
$3.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mass Megawatts Wind Power, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -17,744 to -269,880, a change of -252,136.
- Net loss of 347,174 reduced equity.
- New share issuances of 92,138 increased equity.
- Other factors increased equity by 2,900.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-347.17K | -128.64% |
| Share Issuances | $92.14K | +34.14% |
| Other Changes | $2.90K | +1.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Mass Megawatts Wind Power, 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 |
|---|---|---|---|
| 2022-04-30 | $0.00 | $0.39 | x |
| 2023-04-30 | $0.00 | $0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mass Megawatts Wind Power, 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 |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-278.83K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-283.58K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-320.19K |
Industry Comparison
This section compares Mass Megawatts Wind Power, Inc.'s net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mass Megawatts Wind Power, Inc. (MMMWD) | $-413.31K | 0.00% | N/A | $3.63K |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |