NFT Technologies Inc
Stable Infrastructure Inc. invests in digital assets in Canada. It invests in non-fungible tokens (NFTs), metaverse, advise creators, and platforms. The company also develops infrastructure, assets, real estate, and IP in the metaverse; and builds web3 games and assets to the public markets. In addition, it is involved in consulting business; and provision of advisory services in the NFT sector. … Read more
NFT Technologies Inc (NFTFF) - Net Assets
Latest net assets as of September 2023: $791.72K USD
Based on the latest financial reports, NFT Technologies Inc (NFTFF) has net assets worth $791.72K USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.77 Million) and total liabilities ($977.57K). 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 | $791.72K |
| % of Total Assets | 44.75% |
| Annual Growth Rate | -55.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NFT Technologies Inc - Net Assets Trend (2021–2022)
This chart illustrates how NFT 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 NFT Technologies Inc (2021–2022)
The table below shows the annual net assets of NFT Technologies Inc from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.99 Million | -55.74% |
| 2021-12-31 | $4.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NFT 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 1435894100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.95 Million | 702.16% |
| Other Comprehensive Income | $2.42 Million | 121.97% |
| Total Equity | $1.99 Million | 100.00% |
NFT Technologies Inc Competitors by Market Cap
The table below lists competitors of NFT Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MERIDIAN-MARSHALLS HOLDING COMPANY LIMITED
GSE:MMH
|
$62.63 |
|
NexTech FAS Technologies Inc
PINK:NXSL
|
$62.98 |
|
Speed Medical
EGX:SPMD
|
$63.27 |
|
Defentect Group Inc
PINK:DFTC
|
$63.62 |
|
World Oil Group
PINK:MONI
|
$62.25 |
|
Kasten Inc
PINK:KAST
|
$62.24 |
|
Stemsation International Inc
PINK:STSN
|
$62.07 |
|
Bit Brother Limited
PINK:BETSF
|
$62.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NFT Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 4,487,551 to 1,986,364, a change of -2,501,187 (-55.7%).
- Net loss of 8,342,841 reduced equity.
- New share issuances of 2,515,002 increased equity.
- Other comprehensive income increased equity by 1,109,093.
- Other factors increased equity by 2,217,559.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.34 Million | -420.01% |
| Share Issuances | $2.52 Million | +126.61% |
| Other Comprehensive Income | $1.11 Million | +55.84% |
| Other Changes | $2.22 Million | +111.64% |
| Total Change | $- | -55.74% |
Book Value vs Market Value Analysis
This analysis compares NFT 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
- Current price-to-book ratio: 0.29x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 512589.19x to 0.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.06 | $0.01 | x |
| 2022-12-31 | $0.02 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NFT 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): -420.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8793.14%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.14x
- Recent ROE (-420.01%) is below the historical average (-277.03%), 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 | -134.06% | 0.00% | 0.00x | 1.05x | $-6.46 Million |
| 2022 | -420.01% | -8793.14% | 0.04x | 1.14x | $-8.54 Million |
Industry Comparison
This section compares NFT Technologies Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NFT Technologies Inc (NFTFF) | $791.72K | -134.06% | 1.23x | $62.57 |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |