NanoTech Gaming Inc
NanoTech Gaming, Inc. develops gaming products in the United States. It creates gaming experiences using patent pending math models and non-traditional designs in the land-based casino and arcade gaming markets. It offers gaming products to traditional players and gamblers. The company was formerly known as High Velocity Enterprises, Inc. and changed its name to NanoTech Gaming, Inc. in April 201… Read more
NanoTech Gaming Inc (NTGL) - Net Assets
Latest net assets as of December 2015: $394.92K USD
Based on the latest financial reports, NanoTech Gaming Inc (NTGL) has net assets worth $394.92K USD as of December 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($748.37K) and total liabilities ($353.45K). 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 | $394.92K |
| % of Total Assets | 52.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 49.49 |
NanoTech Gaming Inc - Net Assets Trend (1998–2015)
This chart illustrates how NanoTech Gaming 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 NanoTech Gaming Inc (1998–2015)
The table below shows the annual net assets of NanoTech Gaming Inc from 1998 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $394.92K | +576.20% |
| 2014-12-31 | $-82.93K | -106.11% |
| 2013-12-31 | $1.36 Million | -7.13% |
| 2012-12-31 | $1.46 Million | +7937.69% |
| 1999-12-31 | $-18.63K | +96.27% |
| 1998-12-31 | $-500.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NanoTech Gaming 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 grown by 66113900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $181.66K | 46.00% |
| Other Components | $701.29K | 177.58% |
| Total Equity | $394.92K | 100.00% |
NanoTech Gaming Inc Competitors by Market Cap
The table below lists competitors of NanoTech Gaming Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPO Networks Inc
PINK:SPOI
|
$0.99 |
|
Black Dragon Resource Companies Inc
PINK:BDGR
|
$0.99 |
|
Diamond Discov Intl
PINK:DMDD
|
$0.99 |
|
Technology Solutions Co
PINK:TSCC
|
$0.99 |
|
Mediag3 Inc.
PINK:MDGC
|
$0.99 |
|
Greenbelt Resources Corp
PINK:GRCO
|
$0.99 |
|
Dominion Resources Black Warrior Trust
PINK:DOMR
|
$0.99 |
|
Digitcom Corp
OTCGREY:DGIV
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NanoTech Gaming Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from -82,932 to 394,921, a change of 477,853.
- Net loss of 328,448 reduced equity.
- Other factors increased equity by 806,301.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-328.45K | -83.17% |
| Other Changes | $806.30K | +204.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NanoTech Gaming 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: 0.05x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.00 | $0.00 | x |
| 1999-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $753.22 | $0.00 | x |
| 2013-12-31 | $699.54 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NanoTech Gaming 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): -83.17%
- 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: 1.89x
- Recent ROE (-83.17%) is below the historical average (-16.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | -80.47% | 0.93x | 0.00x | $-250.87K |
| 1999 | 0.00% | -241.21% | 0.38x | 0.00x | $-852.10K |
| 2012 | -5.20% | -4.77% | 1.06x | 1.03x | $-222.04K |
| 2013 | -7.67% | -6.81% | 1.03x | 1.09x | $-239.71K |
| 2014 | 0.00% | 10.52% | 0.03x | 0.00x | $8.61K |
| 2015 | -83.17% | 0.00% | 0.00x | 1.89x | $-367.94K |
Industry Comparison
This section compares NanoTech Gaming Inc's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $801,162,083
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NanoTech Gaming Inc (NTGL) | $394.92K | 0.00% | 0.89x | $0.99 |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |
| Betsson AB (publ) (BTSNY) | $759.20 Million | 23.35% | 0.58x | $1.39 Billion |