NTG Clarity Networks Inc
NTG Clarity Networks Inc., together with its subsidiaries, provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman. The company offers utility billing solution, trouble ticket management module, and last mile delivery platform for enterprises; network inventory system, workflow manageme… Read more
NTG Clarity Networks Inc (NYWKF) - Net Assets
Latest net assets as of September 2025: $26.97 Million USD
Based on the latest financial reports, NTG Clarity Networks Inc (NYWKF) has net assets worth $26.97 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 ($44.23 Million) and total liabilities ($17.26 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 | $26.97 Million |
| % of Total Assets | 60.97% |
| Annual Growth Rate | 2.92% |
| 5-Year Change | N/A |
| 10-Year Change | 31.37% |
| Growth Volatility | 526.13 |
NTG Clarity Networks Inc - Net Assets Trend (2000–2024)
This chart illustrates how NTG Clarity Networks 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 NTG Clarity Networks Inc (2000–2024)
The table below shows the annual net assets of NTG Clarity Networks Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.60 Million | +489.27% |
| 2023-12-31 | $-3.24 Million | +52.23% |
| 2022-12-31 | $-6.78 Million | +14.42% |
| 2021-12-31 | $-7.92 Million | +36.83% |
| 2020-12-31 | $-12.54 Million | -3.59% |
| 2019-12-31 | $-12.10 Million | -263.40% |
| 2018-12-31 | $-3.33 Million | -8.62% |
| 2017-12-31 | $-3.07 Million | -8.69% |
| 2016-12-31 | $-2.82 Million | -129.41% |
| 2015-12-31 | $9.59 Million | +7.27% |
| 2014-12-31 | $8.94 Million | +23.11% |
| 2013-12-31 | $7.26 Million | +94.98% |
| 2012-12-31 | $3.73 Million | +38.55% |
| 2011-12-31 | $2.69 Million | +2.81% |
| 2010-12-31 | $2.62 Million | +43.84% |
| 2009-12-31 | $1.82 Million | +13.80% |
| 2008-12-31 | $1.60 Million | +50.97% |
| 2007-12-31 | $1.06 Million | +23.71% |
| 2006-12-31 | $855.41K | +39.49% |
| 2005-12-31 | $613.26K | +2096.19% |
| 2004-12-31 | $27.92K | +151.83% |
| 2003-12-31 | $-53.87K | -103.99% |
| 2002-12-31 | $1.35 Million | -64.30% |
| 2001-12-31 | $3.78 Million | -40.24% |
| 2000-12-31 | $6.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NTG Clarity Networks 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 2806.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.46 Million | 146.48% |
| Other Comprehensive Income | $-173.31K | -1.38% |
| Other Components | $3.24 Million | 25.68% |
| Total Equity | $12.60 Million | 100.00% |
NTG Clarity Networks Inc Competitors by Market Cap
The table below lists competitors of NTG Clarity Networks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eternit S.A
SA:ETER3
|
$33.67 Million |
|
Kartal Yenilenebilir Enerji Uretim AS
IS:KARYE
|
$33.67 Million |
|
NEXTSOURCE MAT. DL-001
F:1JWA
|
$33.68 Million |
|
BioXcel Therapeutics Inc
NASDAQ:BTAI
|
$33.68 Million |
|
Hastings Technology Metals Limited
PINK:HSRMF
|
$33.66 Million |
|
Gol Linhas Aéreas Inteligentes S.A
NYSE:GOLLQ
|
$33.65 Million |
|
Voip-Pal.Com Inc
OTCQB:VPLM
|
$33.65 Million |
|
Old Mutual Ltd
JSE:OMU
|
$33.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NTG Clarity Networks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,237,143 to 12,601,184, a change of 15,838,327.
- Net income of 9,812,130 contributed positively to equity growth.
- New share issuances of 5,008,509 increased equity.
- Other comprehensive income increased equity by 43,422.
- Other factors increased equity by 974,266.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.81 Million | +77.87% |
| Share Issuances | $5.01 Million | +39.75% |
| Other Comprehensive Income | $43.42K | +0.34% |
| Other Changes | $974.27K | +7.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NTG Clarity Networks 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: 3.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.81x to 3.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.40 | $1.11 | x |
| 2001-12-31 | $0.21 | $1.11 | x |
| 2002-12-31 | $0.07 | $1.11 | x |
| 2003-12-31 | $0.00 | $1.11 | x |
| 2004-12-31 | $0.00 | $1.11 | x |
| 2005-12-31 | $0.03 | $1.11 | x |
| 2006-12-31 | $0.03 | $1.11 | x |
| 2007-12-31 | $0.04 | $1.11 | x |
| 2008-12-31 | $0.06 | $1.11 | x |
| 2009-12-31 | $0.06 | $1.11 | x |
| 2010-12-31 | $0.09 | $1.11 | x |
| 2011-12-31 | $0.09 | $1.11 | x |
| 2012-12-31 | $0.11 | $1.11 | x |
| 2013-12-31 | $0.21 | $1.11 | x |
| 2014-12-31 | $0.23 | $1.11 | x |
| 2015-12-31 | $0.24 | $1.11 | x |
| 2016-12-31 | $-0.07 | $1.11 | x |
| 2017-12-31 | $-0.06 | $1.11 | x |
| 2018-12-31 | $-0.06 | $1.11 | x |
| 2019-12-31 | $-0.20 | $1.11 | x |
| 2020-12-31 | $-0.61 | $1.11 | x |
| 2021-12-31 | $-0.25 | $1.11 | x |
| 2022-12-31 | $-0.20 | $1.11 | x |
| 2023-12-31 | $-0.08 | $1.11 | x |
| 2024-12-31 | $0.28 | $1.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NTG Clarity Networks 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): 77.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.48%
- • Asset Turnover: 1.98x
- • Equity Multiplier: 2.25x
- Recent ROE (77.87%) is above the historical average (7.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.65% | 2.71% | 1.21x | 1.12x | $-401.54K |
| 2001 | -75.99% | -20.37% | 2.06x | 1.81x | $-3.25 Million |
| 2002 | -196.73% | -21.29% | 5.48x | 1.69x | $-2.79 Million |
| 2003 | 0.00% | -21.98% | 4.31x | 0.00x | $-1.84 Million |
| 2004 | 156.79% | 0.54% | 4.18x | 69.64x | $40.99K |
| 2005 | 49.35% | 5.22% | 3.00x | 3.15x | $241.31K |
| 2006 | 22.77% | 3.70% | 2.37x | 2.60x | $109.27K |
| 2007 | 8.60% | 1.45% | 1.81x | 3.28x | $-14.87K |
| 2008 | 33.76% | 9.83% | 1.41x | 2.43x | $379.65K |
| 2009 | 12.13% | 3.61% | 1.47x | 2.28x | $38.73K |
| 2010 | 25.57% | 10.52% | 1.26x | 1.93x | $407.08K |
| 2011 | 0.04% | 0.02% | 0.95x | 2.02x | $-267.78K |
| 2012 | 20.85% | 15.53% | 0.81x | 1.65x | $404.14K |
| 2013 | 25.66% | 17.63% | 1.03x | 1.41x | $1.14 Million |
| 2014 | 13.89% | 8.01% | 0.96x | 1.81x | $347.70K |
| 2015 | 2.28% | 1.41% | 0.92x | 1.75x | $-740.35K |
| 2016 | 0.00% | -104.65% | 1.35x | 0.00x | $-11.62 Million |
| 2017 | 0.00% | -7.56% | 1.70x | 0.00x | $-779.29K |
| 2018 | 0.00% | -3.02% | 1.48x | 0.00x | $-20.45K |
| 2019 | 0.00% | -102.15% | 3.12x | 0.00x | $-7.60 Million |
| 2020 | 0.00% | -20.65% | 2.49x | 0.00x | $-378.85K |
| 2021 | 0.00% | 11.52% | 1.83x | 0.00x | $2.16 Million |
| 2022 | 0.00% | 7.07% | 2.16x | 0.00x | $1.93 Million |
| 2023 | 0.00% | 6.17% | 2.24x | 0.00x | $2.03 Million |
| 2024 | 77.87% | 17.48% | 1.98x | 2.25x | $8.55 Million |
Industry Comparison
This section compares NTG Clarity Networks Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NTG Clarity Networks Inc (NYWKF) | $26.97 Million | 3.65% | 0.64x | $33.67 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |