Gen 2 Technologies Inc
Gen 2 Technologies Inc. does not have significant operations. Previously, it was engaged in the development and sale of blind repair kits. The company was founded in 1998 and is based in Henderson, Nevada.
Gen 2 Technologies Inc (MNIZ) - Net Assets
Latest net assets as of January 2025: $-3.53 Million USD
Based on the latest financial reports, Gen 2 Technologies Inc (MNIZ) has net assets worth $-3.53 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.20K) and total liabilities ($3.53 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 | $-3.53 Million |
| % of Total Assets | -56896.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Gen 2 Technologies Inc - Net Assets Trend (2011–2024)
This chart illustrates how Gen 2 Technologies 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 Gen 2 Technologies Inc (2011–2024)
The table below shows the annual net assets of Gen 2 Technologies Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | $-4.29 Million | -37.17% |
| 2023-04-30 | $-3.13 Million | +6.76% |
| 2022-04-30 | $-3.36 Million | -5.20% |
| 2021-04-30 | $-3.19 Million | +10.51% |
| 2020-04-30 | $-3.57 Million | -74.66% |
| 2019-04-30 | $-2.04 Million | +54.42% |
| 2018-04-30 | $-4.48 Million | -44.30% |
| 2017-04-30 | $-3.10 Million | -758.16% |
| 2016-04-30 | $-361.77K | -24.52% |
| 2015-04-30 | $-290.54K | -25.86% |
| 2014-04-30 | $-230.85K | -51.06% |
| 2013-04-30 | $-152.82K | -68.85% |
| 2012-04-30 | $-90.51K | -245.18% |
| 2011-04-30 | $-26.22K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gen 2 Technologies 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 775617300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $828.00 | % |
| Other Components | $3.49 Million | % |
| Total Equity | $-4.29 Million | 100.00% |
Gen 2 Technologies Inc Competitors by Market Cap
The table below lists competitors of Gen 2 Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duality SA
WAR:DUA
|
$2.74K |
|
CONSTANCE HOTELS SERVICES LTD
SEM:CHSL
|
$2.74K |
|
Dialog Finance PLC
CM:CALFN0000
|
$2.74K |
|
Japan Food Tech Holdings, Inc.
PINK:JFTH
|
$2.74K |
|
Maple Leaf Cement Factory Ltd
KAR:MLCF
|
$2.72K |
|
Cordia Corporation
PINK:CORG
|
$2.72K |
|
TTTND
PINK:TTTND
|
$2.72K |
|
Sunf Pu Technology Co., Ltd.
TWO:5488
|
$2.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gen 2 Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,130,674 to -4,294,333, a change of -1,163,659.
- Net loss of 1,159,000 reduced equity.
- Other factors decreased equity by 4,659.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.16 Million | -26.99% |
| Other Changes | $-4.66K | -0.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Gen 2 Technologies 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 |
|---|---|---|---|
| 2011-04-30 | $-609.77 | $0.28 | x |
| 2012-04-30 | $-2104.81 | $0.28 | x |
| 2013-04-30 | $-3554.02 | $0.28 | x |
| 2014-04-30 | $-5368.65 | $0.28 | x |
| 2015-04-30 | $-6756.74 | $0.28 | x |
| 2016-04-30 | $-8413.21 | $0.28 | x |
| 2017-04-30 | $-62091.00 | $0.28 | x |
| 2018-04-30 | $-59589.04 | $0.28 | x |
| 2019-04-30 | $-11772.29 | $0.28 | x |
| 2020-04-30 | $-1942.60 | $0.28 | x |
| 2021-04-30 | $-4.56 | $0.28 | x |
| 2022-04-30 | $-3.51 | $0.28 | x |
| 2023-04-30 | $-3.78 | $0.28 | x |
| 2024-04-30 | $-5.18 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gen 2 Technologies 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 |
|---|---|---|---|---|---|
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.22K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-71.49K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-64.83K |
| 2014 | 0.00% | -1114.70% | 0.29x | 0.00x | $-54.94K |
| 2015 | 0.00% | -53292.86% | 0.01x | 0.00x | $-30.63K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.05K |
| 2017 | 0.00% | -19844.58% | 0.14x | 0.00x | $-662.13K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.57 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $2.26 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.66 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.97 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $169.77K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $540.11K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-729.57K |
Industry Comparison
This section compares Gen 2 Technologies Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $461,004,694
- Average return on equity (ROE) among peers: -112.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gen 2 Technologies Inc (MNIZ) | $-3.53 Million | 0.00% | N/A | $2.73K |
| Aferian Plc (AOECF) | $78.88 Million | -22.09% | 0.59x | $3.61 Million |
| TV Azteca S.A.B. de C.V (AZTEF) | $3.48 Billion | -18.61% | 7.05x | $89.58K |
| Beasley Broadcast Group Inc (BBGI) | $47.53 Million | -64.28% | 4.57x | $2.28 Million |
| Cumulus Media Inc Class A (CMLS) | $512.74 Million | 38.24% | 6.55x | $1.82 Million |
| Curiositystream Inc. (CURI) | $72.65 Million | -67.31% | 0.39x | $138.54 Million |
| Emmis Communications Corp (EMMS) | $-6.51 Million | 0.00% | 0.00x | $26.80 Million |
| Freedom Holdings Inc (FHLD) | $268.93K | -415.05% | 9.21x | $894.13K |
| Fubotv Inc (FUBO) | $283.82 Million | -101.28% | 3.34x | $409.09 Million |
| Granite Broadcasting Corporation (GRRP) | $26.99 Million | -302.20% | 16.49x | $1.99K |
| Gray Television Inc (GTN-A) | $117.11 Million | -172.51% | 9.92x | $894.19 Million |