Mission Ready Solutions Inc
Mission Ready Solutions Inc. provides government contracting solutions to law enforcement, firefighters, first responders, military, and other governmental agencies in Canada and the United States. The company was formerly known as Mission Ready Services Inc. and changed its name to Mission Ready Solutions Inc. in June 2018. Mission Ready Solutions Inc. is headquartered in Vancouver, Canada.
Mission Ready Solutions Inc (MSNVF) - Net Assets
Latest net assets as of March 2023: $-9.61 Million USD
Based on the latest financial reports, Mission Ready Solutions Inc (MSNVF) has net assets worth $-9.61 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.16 Million) and total liabilities ($11.77 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 | $-9.61 Million |
| % of Total Assets | -444.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2824.25% |
| 10-Year Change | -639.15% |
| Growth Volatility | 485.07 |
Mission Ready Solutions Inc - Net Assets Trend (2010–2022)
This chart illustrates how Mission Ready Solutions 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 Mission Ready Solutions Inc (2010–2022)
The table below shows the annual net assets of Mission Ready Solutions Inc from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-8.97 Million | -180.17% |
| 2021-12-31 | $11.19 Million | +65.27% |
| 2020-12-31 | $6.77 Million | +13.83% |
| 2019-12-31 | $5.95 Million | +1706.42% |
| 2018-12-31 | $329.26K | -91.43% |
| 2017-12-31 | $3.84 Million | +316.01% |
| 2016-12-31 | $923.37K | -79.24% |
| 2015-12-31 | $4.45 Million | +48.84% |
| 2014-12-31 | $2.99 Million | +79.64% |
| 2013-12-31 | $1.66 Million | -29.14% |
| 2012-12-31 | $2.35 Million | +305.20% |
| 2011-12-31 | $579.45K | +490.88% |
| 2010-12-31 | $98.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mission Ready Solutions 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 5644968900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.80 Million | % |
| Other Comprehensive Income | $465.53K | % |
| Other Components | $8.22 Million | % |
| Total Equity | $-8.97 Million | 100.00% |
Mission Ready Solutions Inc Competitors by Market Cap
The table below lists competitors of Mission Ready Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIRST HORIZON NATL - Dusseldorf Stock Exchang
DU:FT2
|
$174.86K |
|
PUBLIC POWER
MU:PU8
|
$174.92K |
|
PACIFIC METAL CO
MU:PYV
|
$174.93K |
|
El Capitan Prec Mtls
PINK:ECPN
|
$175.10K |
|
BORALEX -A- (B3H.SG)
STU:B3H
|
$174.32K |
|
Southern Company (The) Series 2
NYSE:SOJE
|
$174.04K |
|
Eaton Vance Municipal Income Term Closed Fund
NYSE:ETX
|
$173.81K |
|
PIMCO ENERGY+TACT.CR.OPPS
F:3VZ
|
$173.67K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mission Ready Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 11,188,758 to -8,969,762, a change of -20,158,520 (-180.2%).
- Net loss of 22,501,862 reduced equity.
- New share issuances of 876,630 increased equity.
- Other comprehensive income decreased equity by 396,546.
- Other factors increased equity by 1,863,258.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.50 Million | -250.86% |
| Share Issuances | $876.63K | +9.77% |
| Other Comprehensive Income | $-396.55K | -4.42% |
| Other Changes | $1.86 Million | +20.77% |
| Total Change | $- | -180.17% |
Book Value vs Market Value Analysis
This analysis compares Mission Ready Solutions 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 |
|---|---|---|---|
| 2012-12-31 | $0.89 | $0.00 | x |
| 2013-12-31 | $0.07 | $0.00 | x |
| 2014-12-31 | $0.08 | $0.00 | x |
| 2015-12-31 | $0.08 | $0.00 | x |
| 2016-12-31 | $0.01 | $0.00 | x |
| 2017-12-31 | $0.04 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.04 | $0.00 | x |
| 2020-12-31 | $0.04 | $0.00 | x |
| 2021-12-31 | $0.06 | $0.00 | x |
| 2022-12-31 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mission Ready Solutions 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: -407.47%
- • Asset Turnover: 2.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-235.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -43.56% | -49.02% | 0.51x | 1.73x | $-1.26 Million |
| 2013 | -182.91% | -105.87% | 0.73x | 2.37x | $-3.21 Million |
| 2014 | -152.56% | -105.13% | 0.86x | 1.68x | $-4.86 Million |
| 2015 | -27.48% | -14.34% | 1.52x | 1.26x | $-1.67 Million |
| 2016 | -392.36% | -80.75% | 1.46x | 3.33x | $-3.72 Million |
| 2017 | -160.62% | -177.35% | 0.65x | 1.40x | $-6.55 Million |
| 2018 | -1477.55% | -157.87% | 1.15x | 8.16x | $-4.90 Million |
| 2019 | -125.05% | -35.09% | 0.77x | 4.60x | $-8.03 Million |
| 2020 | -19.80% | -1.28% | 3.11x | 4.99x | $-2.02 Million |
| 2021 | -6.65% | -0.81% | 2.95x | 2.78x | $-1.86 Million |
| 2022 | 0.00% | -407.47% | 2.05x | 0.00x | $-21.60 Million |
Industry Comparison
This section compares Mission Ready Solutions Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mission Ready Solutions Inc (MSNVF) | $-9.61 Million | -43.56% | N/A | $174.68K |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |