Netcents Technology Inc
NetCents Technology Inc. provides software development services to the payment processing industries in Canada and Europe. Its platform allows clients and merchants to manage electronic payments. The company provides cryptocurrency e-commerce payments, in-store payments, and instant settlements, as well as card and exchange services. It also allows users to purchase digital currency, such as Bitc… Read more
Netcents Technology Inc (NTTCF) - Net Assets
Latest net assets as of July 2020: $1.05 Million USD
Based on the latest financial reports, Netcents Technology Inc (NTTCF) has net assets worth $1.05 Million USD as of July 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.35 Million) and total liabilities ($7.30 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 | $1.05 Million |
| % of Total Assets | 12.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Netcents Technology Inc - Net Assets Trend (2013–2020)
This chart illustrates how Netcents Technology 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 Netcents Technology Inc (2013–2020)
The table below shows the annual net assets of Netcents Technology Inc from 2013 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-10-31 | $1.25 Million | +155.02% |
| 2019-10-31 | $-2.28 Million | -677.59% |
| 2018-10-31 | $-293.10K | +79.17% |
| 2017-10-31 | $-1.41 Million | -11.81% |
| 2016-10-31 | $-1.26 Million | -80.81% |
| 2015-10-31 | $-696.03K | +37.43% |
| 2014-10-31 | $-1.11 Million | -19.99% |
| 2013-10-31 | $-927.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Netcents Technology 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 4745477500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $36.22 Million | 2888.12% |
| Other Comprehensive Income | $-2.15 Million | -171.28% |
| Other Components | $17.01 Million | 1356.31% |
| Total Equity | $1.25 Million | 100.00% |
Netcents Technology Inc Competitors by Market Cap
The table below lists competitors of Netcents Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VBC
VN:VBC
|
$8.27K |
|
Legion Capital Corporation
PINK:LGCP
|
$8.28K |
|
Sollensys Corp
PINK:SOLS
|
$8.29K |
|
Tritax EuroBox PLC GBp
LSE:BOXE
|
$8.29K |
|
ARADEL HOLDINGS PLC
XNSA:ARADEL
|
$8.25K |
|
WOODPECKER.CO ZY -10
F:8FG
|
$8.25K |
|
Tay Ninh Cable Car Tour Co.
VN:TCT
|
$8.25K |
|
FAR EAST ORCHARD
MU:O5P
|
$8.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netcents Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -2,279,111 to 1,253,998, a change of 3,533,109.
- Net loss of 21,185,271 reduced equity.
- Other comprehensive income decreased equity by 342,520.
- Other factors increased equity by 25,060,900.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.19 Million | -1689.42% |
| Other Comprehensive Income | $-342.52K | -27.31% |
| Other Changes | $25.06 Million | +1998.48% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Netcents Technology 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: 0.01x
- 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 |
|---|---|---|---|
| 2015-10-31 | $-0.04 | $0.00 | x |
| 2016-10-31 | $-0.06 | $0.00 | x |
| 2017-10-31 | $-0.05 | $0.00 | x |
| 2018-10-31 | $-0.01 | $0.00 | x |
| 2019-10-31 | $-0.05 | $0.00 | x |
| 2020-10-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netcents Technology 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): -1689.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7803.28%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 5.31x
- Recent ROE (-1689.42%) is below the historical average (-211.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-189.00K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-299.07K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.68 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.78 Million |
| 2017 | 0.00% | -2955.15% | 0.15x | 0.00x | $-2.64 Million |
| 2018 | 0.00% | -10941.79% | 0.02x | 0.00x | $-13.16 Million |
| 2019 | 0.00% | -7482.66% | 0.02x | 0.00x | $-6.44 Million |
| 2020 | -1689.42% | -7803.28% | 0.04x | 5.31x | $-21.31 Million |
Industry Comparison
This section compares Netcents Technology Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netcents Technology Inc (NTTCF) | $1.05 Million | 0.00% | 6.98x | $8.26K |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |