Powertap Hydrogen Capital Corp
Powertap Hydrogen Capital Corp. focuses on installing hydrogen production and dispensing fueling infrastructure in the United States. Its PowerTap technology converts natural gas and water into hydrogen directly at the point of use. The company markets its blue hydrogen product with focus on the refueling needs of the automotive and long-haul trucking markets. The company was formerly known as Cl… Read more
Powertap Hydrogen Capital Corp (MOTNF) - Net Assets
Latest net assets as of March 2024: $-3.86 Million USD
Based on the latest financial reports, Powertap Hydrogen Capital Corp (MOTNF) has net assets worth $-3.86 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 ($262.62K) and total liabilities ($4.12 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 | $-3.86 Million |
| % of Total Assets | -1468.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | -101.99% |
| 10-Year Change | -11141.78% |
| Growth Volatility | 548.77 |
Powertap Hydrogen Capital Corp - Net Assets Trend (1997–2023)
This chart illustrates how Powertap Hydrogen Capital 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 Powertap Hydrogen Capital Corp (1997–2023)
The table below shows the annual net assets of Powertap Hydrogen Capital Corp from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-2.20 Million | -118.37% |
| 2022-06-30 | $11.98 Million | -90.24% |
| 2021-06-30 | $122.70 Million | +2253.85% |
| 2020-06-30 | $5.21 Million | -95.29% |
| 2019-06-30 | $110.67 Million | +34069.59% |
| 2018-06-30 | $-325.79K | -185.15% |
| 2017-06-30 | $382.60K | +403.44% |
| 2016-06-30 | $-126.08K | +47.68% |
| 2015-06-30 | $-241.00K | -1309.80% |
| 2014-06-30 | $19.92K | -92.86% |
| 2013-06-30 | $279.03K | -95.09% |
| 2012-06-30 | $5.68 Million | -68.01% |
| 2011-06-30 | $17.77 Million | +70.05% |
| 2010-06-30 | $10.45 Million | +35.95% |
| 2009-06-30 | $7.68 Million | -71.34% |
| 2008-06-30 | $26.81 Million | +20.13% |
| 2007-06-30 | $22.32 Million | +0.01% |
| 2006-06-30 | $22.31 Million | +81.30% |
| 2005-06-30 | $12.31 Million | +11.07% |
| 2004-06-30 | $11.08 Million | -83.55% |
| 2003-06-30 | $67.36 Million | -9.72% |
| 2002-06-30 | $74.61 Million | +74.13% |
| 2001-06-30 | $42.85 Million | -2.73% |
| 2000-06-30 | $44.05 Million | +25.23% |
| 1999-06-30 | $35.18 Million | -1.40% |
| 1998-06-30 | $35.68 Million | +149.44% |
| 1997-06-30 | $14.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Powertap Hydrogen Capital 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 39526523110.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $375.75 Million | % |
| Other Comprehensive Income | $6.02 Million | % |
| Other Components | $14.90 Million | % |
| Total Equity | $-2.20 Million | 100.00% |
Powertap Hydrogen Capital Corp Competitors by Market Cap
The table below lists competitors of Powertap Hydrogen Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amincor Inc
PINK:AMNCB
|
$2.24K |
|
BK NEGARA INDO -B-
MU:BKE1
|
$2.24K |
|
Tali Resources Ltd
AU:TR2
|
$2.24K |
|
RenovaCare Inc
PINK:RCAR
|
$2.25K |
|
Habib Sugar Mills Ltd
KAR:HABSM
|
$2.24K |
|
Cicc Fund Management Co. Ltd. - CICC Hubei Science & Technological Investment Optics Valley Fund
SHG:508019
|
$2.24K |
|
Delta Insurance
EGX:DEIN
|
$2.23K |
|
Facilities By ADF PLC
LSE:ADF
|
$2.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powertap Hydrogen Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 11,975,943 to -2,199,632, a change of -14,175,575 (-118.4%).
- Net loss of 21,012,000 reduced equity.
- New share issuances of 1,000,000 increased equity.
- Other comprehensive income decreased equity by 1,207.
- Other factors increased equity by 5,837,632.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.01 Million | -955.25% |
| Share Issuances | $1.00 Million | +45.46% |
| Other Comprehensive Income | $-1.21K | -0.05% |
| Other Changes | $5.84 Million | +265.39% |
| Total Change | $- | -118.37% |
Book Value vs Market Value Analysis
This analysis compares Powertap Hydrogen Capital 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 |
|---|---|---|---|
| 1997-06-30 | $10016.18 | $0.00 | x |
| 1998-06-30 | $14688.41 | $0.00 | x |
| 1999-06-30 | $8205.80 | $0.00 | x |
| 2000-06-30 | $8751.38 | $0.00 | x |
| 2001-06-30 | $8265.88 | $0.00 | x |
| 2002-06-30 | $12840.69 | $0.00 | x |
| 2003-06-30 | $11716.26 | $0.00 | x |
| 2004-06-30 | $1934.59 | $0.00 | x |
| 2005-06-30 | $1476.11 | $0.00 | x |
| 2006-06-30 | $2018.86 | $0.00 | x |
| 2007-06-30 | $1016.64 | $0.00 | x |
| 2008-06-30 | $1203.03 | $0.00 | x |
| 2009-06-30 | $318.92 | $0.00 | x |
| 2010-06-30 | $433.58 | $0.00 | x |
| 2011-06-30 | $694.84 | $0.00 | x |
| 2012-06-30 | $207.38 | $0.00 | x |
| 2013-06-30 | $10.18 | $0.00 | x |
| 2014-06-30 | $0.73 | $0.00 | x |
| 2015-06-30 | $-8.79 | $0.00 | x |
| 2016-06-30 | $-4.50 | $0.00 | x |
| 2017-06-30 | $7.93 | $0.00 | x |
| 2018-06-30 | $-7.45 | $0.00 | x |
| 2019-06-30 | $0.60 | $0.00 | x |
| 2020-06-30 | $0.11 | $0.00 | x |
| 2021-06-30 | $0.59 | $0.00 | x |
| 2022-06-30 | $0.03 | $0.00 | x |
| 2023-06-30 | $-0.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powertap Hydrogen Capital 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-281.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -2.80% | -400.00% | 0.01x | 1.01x | $-1.83 Million |
| 1998 | 4.76% | 425.01% | 0.01x | 1.03x | $-1.87 Million |
| 1999 | -5.93% | -161.00% | 0.03x | 1.05x | $-5.60 Million |
| 2000 | 38.98% | 1498.66% | 0.02x | 1.20x | $12.77 Million |
| 2001 | -2.71% | 0.00% | 0.00x | 1.01x | $-5.45 Million |
| 2002 | 38.08% | 0.00% | 0.00x | 1.04x | $20.42 Million |
| 2003 | 3.73% | 48.01% | 0.08x | 1.01x | $-4.21 Million |
| 2004 | -27.68% | -192.71% | 0.14x | 1.02x | $-4.18 Million |
| 2005 | 4.47% | 115.55% | 0.04x | 1.02x | $-680.62K |
| 2006 | 2.28% | 437.53% | 0.01x | 1.01x | $-1.72 Million |
| 2007 | 2.88% | 266.62% | 0.01x | 1.01x | $-1.59 Million |
| 2008 | -59.57% | -9955.77% | 0.01x | 1.17x | $-18.65 Million |
| 2009 | -245.98% | -147847.56% | 0.00x | 1.66x | $-19.67 Million |
| 2010 | -20.13% | 0.00% | -0.11x | 1.08x | $-3.15 Million |
| 2011 | 33.64% | 83.29% | 0.39x | 1.03x | $4.20 Million |
| 2012 | -208.52% | 0.00% | -1.79x | 1.10x | $-12.42 Million |
| 2013 | -2528.44% | 0.00% | -17.23x | 1.33x | $-7.08 Million |
| 2014 | -1295.18% | 0.00% | -0.57x | 3.71x | $-259.99K |
| 2015 | 0.00% | -7205.16% | 0.02x | 0.00x | $-253.06K |
| 2016 | 0.00% | 0.00% | -0.10x | 0.00x | $-1.46 Million |
| 2017 | 103.31% | 45.24% | 0.50x | 4.54x | $357.02K |
| 2018 | 0.00% | -1364.77% | 0.04x | 0.00x | $-675.81K |
| 2019 | 9.26% | 37175.20% | 0.00x | 1.09x | $-823.63K |
| 2020 | -1572.28% | -1223.99% | 1.21x | 1.06x | $-82.48 Million |
| 2021 | -47.15% | 0.00% | -0.01x | 1.01x | $-70.13 Million |
| 2022 | -1832.80% | 0.00% | 0.00x | 1.07x | $-220.69 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-20.79 Million |
Industry Comparison
This section compares Powertap Hydrogen Capital Corp'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 |
|---|---|---|---|---|
| Powertap Hydrogen Capital Corp (MOTNF) | $-3.86 Million | -2.80% | N/A | $2.24K |
| 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 |