Coresource Strategies Inc
NUGL Inc. develops and operates a search engine and multi-media platform for the marijuana industry. The platform includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores, and brands. The company offers NUGL Magazine, which covers the cannabis industry's news and how it affects the community. It also provides NUGL TV, a bi-weekly series, airin… Read more
Coresource Strategies Inc (NUGL) - Net Assets
Latest net assets as of March 2025: $1.72 Million USD
Based on the latest financial reports, Coresource Strategies Inc (NUGL) has net assets worth $1.72 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.97 Million) and total liabilities ($2.25 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 | $1.72 Million |
| % of Total Assets | 43.42% |
| Annual Growth Rate | 10.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 82.36 |
Coresource Strategies Inc - Net Assets Trend (2003–2024)
This chart illustrates how Coresource Strategies 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 Coresource Strategies Inc (2003–2024)
The table below shows the annual net assets of Coresource Strategies Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.74 Million | +28.29% |
| 2023-12-31 | $1.36 Million | -24.30% |
| 2022-12-31 | $1.79 Million | -32.10% |
| 2021-12-31 | $2.64 Million | +7707.71% |
| 2020-12-31 | $-34.68K | -141.27% |
| 2019-12-31 | $84.02K | +114.94% |
| 2018-12-31 | $-562.50K | -2657.62% |
| 2017-12-31 | $-20.40K | -210.31% |
| 2015-12-31 | $18.49K | +107.99% |
| 2014-12-31 | $-231.32K | 0.00% |
| 2013-12-31 | $-231.32K | -78.25% |
| 2011-12-31 | $-129.77K | +84.21% |
| 2010-12-31 | $-821.94K | -97.68% |
| 2009-12-31 | $-415.78K | +63.84% |
| 2008-12-31 | $-1.15 Million | -16.95% |
| 2007-12-31 | $-983.20K | -156.33% |
| 2006-12-31 | $-383.57K | -441.26% |
| 2005-12-31 | $-70.87K | -135.15% |
| 2003-12-31 | $201.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coresource Strategies 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 230245.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $999.78K | 57.47% |
| Other Components | $9.03 Million | 519.08% |
| Total Equity | $1.74 Million | 100.00% |
Coresource Strategies Inc Competitors by Market Cap
The table below lists competitors of Coresource Strategies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CORNERSTONE INSURANCE CO. PLC
XNSA:CORNERST
|
$36.23 |
|
Octopus Aim VCT 2 PLC
LSE:OSEC
|
$36.47 |
|
ACTIVE BIOTECH (BTPC.SG)
STU:BTPC
|
$36.50 |
|
GEO JS Tech Group Corp
PINK:GJST
|
$36.53 |
|
American Sierra Gold Corp
PINK:AMNP
|
$36.02 |
|
Webis Holdings plc
LSE:WEB
|
$35.89 |
|
Stratex Oil & Gas
PINK:STTX
|
$35.52 |
|
InterCare DX Inc
PINK:ICCO
|
$35.18 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coresource Strategies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,355,933 to 1,739,532, a change of 383,599 (28.3%).
- Net loss of 212,000 reduced equity.
- Other factors increased equity by 595,599.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-212.00K | -12.19% |
| Other Changes | $595.60K | +34.24% |
| Total Change | $- | 28.29% |
Book Value vs Market Value Analysis
This analysis compares Coresource Strategies 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: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $-22678.88 | $0.00 | x |
| 2009-12-31 | $-5994.58 | $0.00 | x |
| 2010-12-31 | $-0.03 | $0.00 | x |
| 2011-12-31 | $-1.44 | $0.00 | x |
| 2013-12-31 | $-1.16 | $0.00 | x |
| 2014-12-31 | $-1.16 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coresource Strategies 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): -12.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.13%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.26x
- Recent ROE (-12.19%) is above the historical average (-67.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 49.13% | 66.62% | 0.74x | 1.00x | $71.45K |
| 2003 | 9.44% | 0.00% | 0.00x | 1.49x | $-1.13K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-26.51 Million |
| 2005 | 0.00% | -20127.18% | 1.87x | 0.00x | $-4.77 Million |
| 2006 | 0.00% | -377.42% | 0.09x | 0.00x | $-525.71K |
| 2007 | 0.00% | -758.07% | 0.17x | 0.00x | $-2.22 Million |
| 2008 | 0.00% | -2975.54% | 0.02x | 0.00x | $-830.20K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-134.14K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-350.81K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $328.50K |
| 2015 | -234.85% | 0.00% | 0.00x | 17.79x | $-45.28K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.09K |
| 2018 | 0.00% | -728.31% | 21.14x | 0.00x | $-471.64K |
| 2019 | -858.09% | -175.59% | 1.17x | 4.19x | $-729.40K |
| 2020 | 0.00% | -326.69% | 0.45x | 0.00x | $-397.98K |
| 2021 | -28.51% | -42.29% | 0.32x | 2.11x | $-1.02 Million |
| 2022 | -148.72% | -119.52% | 0.54x | 2.32x | $-2.84 Million |
| 2023 | -61.14% | -35.53% | 0.61x | 2.82x | $-964.59K |
| 2024 | -12.19% | -7.13% | 0.76x | 2.26x | $-385.95K |
Industry Comparison
This section compares Coresource Strategies Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $13,674,603,475
- Average return on equity (ROE) among peers: -6.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coresource Strategies Inc (NUGL) | $1.72 Million | 49.13% | 1.30x | $36.04 |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $1.06 Billion | 3.39% | 0.72x | $212.73 Million |
| ApartmentLove Inc (APMLF) | $-121.80K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $2.51 Million | 22.60% | 0.12x | $28.14 Million |
| Autohome Inc (ATHM) | $23.81 Billion | 10.75% | 0.19x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $617.00 |
| BDCTF (BDCTF) | $7.45 Million | -105.68% | 3.56x | $12.72 Million |
| Baidu Inc (BIDU) | $97.74 Billion | 11.90% | 0.86x | $41.50 Billion |