The Metal Arts Company Inc
The Metal Arts Company, Inc. provides blockchain core technology in South Korea. The company, through its cutting-edge technology, provides ultrahigh speed performance networks with great stability to support a range of B2B and B2C services, including finance, games, social VR, digital contents, entertainment, and others. The Metal Arts Company, Inc. was incorporated in 1976 and is based in New Y… Read more
The Metal Arts Company Inc (MTRT) - Net Assets
Latest net assets as of September 2023: $11.76 Million USD
Based on the latest financial reports, The Metal Arts Company Inc (MTRT) has net assets worth $11.76 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($25.83 Million) and total liabilities ($14.07 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 | $11.76 Million |
| % of Total Assets | 45.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | -101.15% |
| 10-Year Change | N/A |
| Growth Volatility | 81629.34 |
The Metal Arts Company Inc - Net Assets Trend (1997–2023)
This chart illustrates how The Metal Arts Company 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 The Metal Arts Company Inc (1997–2023)
The table below shows the annual net assets of The Metal Arts Company Inc from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-10.49 Million | -250.68% |
| 2022-12-31 | $6.96 Million | -99.44% |
| 2017-12-31 | $1.25 Billion | +24.36% |
| 2016-12-31 | $1.01 Billion | +10.54% |
| 2015-12-31 | $910.50 Million | +232461.11% |
| 2000-12-31 | $391.51K | -19.68% |
| 1999-12-31 | $487.46K | +285.80% |
| 1998-12-31 | $-262.36K | -4322.77% |
| 1997-12-31 | $6.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Metal Arts Company 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 2259865200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.11 Million | % |
| Other Comprehensive Income | $-1.21 Million | % |
| Other Components | $14.96 Million | % |
| Total Equity | $-10.40 Million | 100.00% |
The Metal Arts Company Inc Competitors by Market Cap
The table below lists competitors of The Metal Arts Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xemplar Energy Corp
PINK:XEPRF
|
$94.22 |
|
Nexus Energy Services Inc
PINK:IBGR
|
$94.53 |
|
CAMELOT GHANA LTD.
GSE:CMLT
|
$94.64 |
|
Bluestem Group Inc
PINK:BGRP
|
$94.73 |
|
Lancer Orthodontics Inc
PINK:LANZ
|
$94.09 |
|
Altisource Asset Management Corporation
PINK:AAMCF
|
$94.00 |
|
Auravelle Metals Limited
AU:AUV
|
$93.94 |
|
CN VANADIUM TITANO
MU:CV8S
|
$93.80 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Metal Arts Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,994,575 to -10,399,151, a change of -17,393,726 (-248.7%).
- Net loss of 17,169,598 reduced equity.
- Other comprehensive income decreased equity by 224,128.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.17 Million | -165.11% |
| Other Comprehensive Income | $-224.13K | -2.16% |
| Total Change | $- | -248.67% |
Book Value vs Market Value Analysis
This analysis compares The Metal Arts Company 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 |
|---|---|---|---|
| 1997-12-31 | $-0.02 | $0.01 | x |
| 1998-12-31 | $-0.05 | $0.01 | x |
| 1999-12-31 | $0.06 | $0.01 | x |
| 2000-12-31 | $0.05 | $0.01 | x |
| 2022-12-31 | $0.08 | $0.01 | x |
| 2023-12-31 | $-0.13 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Metal Arts Company 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: -232.76%
- • Asset Turnover: 4.96x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (25.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -8.39% | 1.47x | 0.00x | $-144.02K |
| 1998 | 0.00% | -16.31% | 1.28x | 0.00x | $-196.85K |
| 1999 | 174.43% | 49.65% | 0.94x | 3.74x | $801.54K |
| 2000 | 2.43% | 0.55% | 1.16x | 3.84x | $-29.64K |
| 2015 | 11.85% | 6.00% | 0.60x | 3.27x | $16.85 Million |
| 2016 | 13.25% | 8.14% | 0.57x | 2.84x | $32.75 Million |
| 2017 | 15.59% | 11.64% | 0.56x | 2.37x | $69.93 Million |
| 2022 | 14.00% | 6.19% | 0.75x | 3.03x | $279.60K |
| 2023 | 0.00% | -232.76% | 4.96x | 0.00x | $-16.13 Million |
Industry Comparison
This section compares The Metal Arts Company Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Metal Arts Company Inc (MTRT) | $11.76 Million | 0.00% | 1.20x | $94.19 |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |