NuRAN Wireless Inc
Nuran Wireless Inc., together with its subsidiaries, engages in the research, development, manufacture, marketing, and operation of digital electronic circuits and wireless telecommunication products in Canada, Europe, Africa, Marshall Island, and internationally. It operates through Direct Sales and Network as a Service (NaaS) segments. The company offers GSM LiteCell, a GSM base station for rur… Read more
NuRAN Wireless Inc (NRRWF) - Net Assets
Latest net assets as of September 2025: $-4.67 Million USD
Based on the latest financial reports, NuRAN Wireless Inc (NRRWF) has net assets worth $-4.67 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.53 Million) and total liabilities ($31.20 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 | $-4.67 Million |
| % of Total Assets | -17.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 187.82 |
NuRAN Wireless Inc - Net Assets Trend (2014–2024)
This chart illustrates how NuRAN Wireless 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 NuRAN Wireless Inc (2014–2024)
The table below shows the annual net assets of NuRAN Wireless Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-11.42 Million | -120.93% |
| 2023-12-31 | $-5.17 Million | -223.42% |
| 2022-12-31 | $4.19 Million | +313.13% |
| 2020-12-31 | $-1.96 Million | -356.84% |
| 2019-12-31 | $-430.05K | -519.02% |
| 2018-12-31 | $102.63K | -46.80% |
| 2017-12-31 | $192.92K | -72.45% |
| 2016-12-31 | $700.29K | +113.37% |
| 2015-12-31 | $-5.24 Million | -4.37% |
| 2014-12-31 | $-5.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NuRAN Wireless 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 5970944400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $54.99 Million | % |
| Other Comprehensive Income | $-1.15 Million | % |
| Other Components | $7.53 Million | % |
| Total Equity | $-11.42 Million | 100.00% |
NuRAN Wireless Inc Competitors by Market Cap
The table below lists competitors of NuRAN Wireless Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coplus Inc.
TW:2254
|
$18.83K |
|
Jammin Java Corp
PINK:JAMN
|
$18.84K |
|
El-Nile Co. For Pharmaceuticals And Chemical Industries
EGX:NIPH
|
$18.84K |
|
Lloyds Banking Group plc 9.25% NON-CUM IRR PRF SHS GBP0.25
PINK:LLOBF
|
$18.85K |
|
Samara Asset Group
F:SRAG
|
$18.78K |
|
Tribal Group plc
LSE:TRB
|
$18.77K |
|
ALPA4F
SA:ALPA4F
|
$18.76K |
|
Jacksam Corporation
PINK:JKSM
|
$18.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NuRAN Wireless Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -5,167,684 to -11,417,055, a change of -6,249,371.
- Net loss of 8,755,860 reduced equity.
- Other comprehensive income decreased equity by 1,148,311.
- Other factors increased equity by 3,654,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.76 Million | -76.69% |
| Other Comprehensive Income | $-1.15 Million | -10.06% |
| Other Changes | $3.65 Million | +32.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NuRAN Wireless 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 |
|---|---|---|---|
| 2014-12-31 | $-2081.20 | $0.05 | x |
| 2015-12-31 | $-1058.19 | $0.05 | x |
| 2016-12-31 | $91.39 | $0.05 | x |
| 2017-12-31 | $13.63 | $0.05 | x |
| 2018-12-31 | $6.45 | $0.05 | x |
| 2019-12-31 | $-20.73 | $0.05 | x |
| 2020-12-31 | $-84.46 | $0.05 | x |
| 2022-12-31 | $37.58 | $0.05 | x |
| 2023-12-31 | $-0.12 | $0.05 | x |
| 2024-12-31 | $-0.21 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NuRAN Wireless 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: -200.62%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-513.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -62.37% | 1.19x | 0.00x | $-2.99 Million |
| 2015 | 0.00% | -21.36% | 1.95x | 0.00x | $-1.14 Million |
| 2016 | -456.34% | -62.37% | 1.12x | 6.54x | $-3.27 Million |
| 2017 | -1038.61% | -33.29% | 0.80x | 38.98x | $-2.02 Million |
| 2018 | -3407.32% | -83.88% | 0.55x | 73.56x | $-3.51 Million |
| 2019 | 0.00% | -167.23% | 0.24x | 0.00x | $-3.51 Million |
| 2020 | 0.00% | -48.20% | 0.49x | 0.00x | $-1.70 Million |
| 2022 | -236.25% | -203.04% | 0.26x | 4.47x | $-10.31 Million |
| 2023 | 0.00% | -385.18% | 0.16x | 0.00x | $-11.81 Million |
| 2024 | 0.00% | -200.62% | 0.18x | 0.00x | $-7.61 Million |
Industry Comparison
This section compares NuRAN Wireless Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NuRAN Wireless Inc (NRRWF) | $-4.67 Million | 0.00% | N/A | $18.78K |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |