Novation Hldgs Inc.
Dragon Life Science Holdings Group, Inc. operates as regional Internet service provider. The company offers Internet access, emails, and related services in the United States. It also provides administrative services; and focuses on teaching children Spanish through learning centers and various after school enrichment programs. The company was founded in 1998 and is headquartered in New York, New… Read more
Novation Hldgs Inc. (NOHO) - Net Assets
Latest net assets as of February 2023: $-1.94 Million USD
Based on the latest financial reports, Novation Hldgs Inc. (NOHO) has net assets worth $-1.94 Million USD as of February 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.00) and total liabilities ($1.94 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 | $-1.94 Million |
| % of Total Assets | -4983466.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Novation Hldgs Inc. - Net Assets Trend (2007–2017)
This chart illustrates how Novation Hldgs 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 Novation Hldgs Inc. (2007–2017)
The table below shows the annual net assets of Novation Hldgs Inc. from 2007 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-08-31 | $-1.09 Million | -17.88% |
| 2016-08-31 | $-925.82K | -41.66% |
| 2015-08-31 | $-653.55K | -284.50% |
| 2013-08-31 | $354.24K | +344.81% |
| 2012-08-31 | $-144.70K | +95.33% |
| 2011-08-31 | $-3.10 Million | -1882.25% |
| 2010-08-31 | $-156.43K | -6.66% |
| 2009-08-31 | $-146.67K | -18.05% |
| 2008-08-31 | $-124.24K | -52.25% |
| 2007-08-31 | $-81.60K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novation Hldgs 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 1597137000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.85 Million | % |
| Other Comprehensive Income | $-11.85 Million | % |
| Other Components | $15.44 Million | % |
| Total Equity | $-739.29K | 100.00% |
Novation Hldgs Inc. Competitors by Market Cap
The table below lists competitors of Novation Hldgs Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioLife Sciences Inc
PINK:BLFE
|
$0.94 |
|
Beard Co
PINK:BRCOQ
|
$0.94 |
|
Infusion Brands International Inc
PINK:INBI
|
$0.94 |
|
Montague International Holding Ltd
PINK:MIHL
|
$0.94 |
|
EPIC Corp
PINK:EPOR
|
$0.94 |
|
RBC Life Sciences Inc
PINK:RBCL
|
$0.94 |
|
Liberty International Holding Corp
PINK:PDPG
|
$0.94 |
|
USA Recycling Industries Inc
PINK:USRI
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novation Hldgs Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -637,537 to -739,292, a change of -101,755.
- Net loss of 264,000 reduced equity.
- Other comprehensive income decreased equity by 11,854,765.
- Other factors increased equity by 12,017,010.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-264.00K | -35.71% |
| Other Comprehensive Income | $-11.85 Million | -1603.53% |
| Other Changes | $12.02 Million | +1625.48% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Novation Hldgs 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 |
|---|---|---|---|
| 2006-08-31 | $-0.03 | $0.00 | x |
| 2007-08-31 | $-0.02 | $0.00 | x |
| 2008-08-31 | $-0.04 | $0.00 | x |
| 2009-08-31 | $-0.04 | $0.00 | x |
| 2010-08-31 | $-0.04 | $0.00 | x |
| 2011-08-31 | $-0.87 | $0.00 | x |
| 2012-08-31 | $-0.01 | $0.00 | x |
| 2013-08-31 | $0.00 | $0.00 | x |
| 2015-08-31 | $0.00 | $0.00 | x |
| 2016-08-31 | $0.00 | $0.00 | x |
| 2017-08-31 | $0.00 | $0.00 | x |
| 2018-08-31 | $0.00 | $0.00 | x |
| 2019-08-31 | $0.00 | $0.00 | x |
| 2020-08-31 | $0.00 | $0.00 | x |
| 2021-08-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novation Hldgs 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 above the historical average (-31.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.47K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.51K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-42.81K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.36K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.72K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.22 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.41 Million |
| 2013 | -479.34% | -656.81% | 0.15x | 4.84x | $-1.73 Million |
| 2015 | 0.00% | 1010.51% | 0.14x | 0.00x | $160.07K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-179.42K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.61K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $41.54K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-81.09K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $19.50K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-190.07K |
Industry Comparison
This section compares Novation Hldgs Inc.'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novation Hldgs Inc. (NOHO) | $-1.94 Million | 0.00% | N/A | $0.94 |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |