On4 Communications Inc
On4 Communications, Inc., a development stage company, provides wireless communications services to telecommunication companies, consumers, and businesses. Its platform comprises global positioning system (GPS) device management, location-based services (LBS) capabilities, and the broadcasting of proprietary and non-proprietary content. The company intends to deliver LBS through two-way communica… Read more
On4 Communications Inc (ONCI) - Net Assets
Latest net assets as of January 2025: $-5.96 Million USD
Based on the latest financial reports, On4 Communications Inc (ONCI) has net assets worth $-5.96 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.59K) and total liabilities ($5.96 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 | $-5.96 Million |
| % of Total Assets | -230104.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 406.84 |
On4 Communications Inc - Net Assets Trend (2005–2024)
This chart illustrates how On4 Communications 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 On4 Communications Inc (2005–2024)
The table below shows the annual net assets of On4 Communications Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $-5.82 Million | -9.30% |
| 2023-10-31 | $-5.33 Million | -108.50% |
| 2022-10-31 | $-2.56 Million | -34.28% |
| 2021-10-31 | $-1.90 Million | -19.37% |
| 2020-10-31 | $-1.59 Million | -129.02% |
| 2019-10-31 | $5.49 Million | +62.14% |
| 2018-10-31 | $3.39 Million | +442.12% |
| 2017-10-31 | $-990.32K | +63.37% |
| 2016-10-31 | $-2.70 Million | -45.66% |
| 2013-10-31 | $-1.86 Million | -6.98% |
| 2012-10-31 | $-1.73 Million | -12.23% |
| 2011-10-31 | $-1.55 Million | +0.05% |
| 2010-10-31 | $-1.55 Million | +11.27% |
| 2009-10-31 | $-1.74 Million | -315.72% |
| 2008-10-31 | $-419.28K | -73.78% |
| 2007-10-31 | $-241.27K | -524.64% |
| 2006-10-31 | $-38.62K | -880.46% |
| 2005-10-31 | $4.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to On4 Communications 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 2529157400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $848.78K | % |
| Other Components | $18.68 Million | % |
| Total Equity | $-5.82 Million | 100.00% |
On4 Communications Inc Competitors by Market Cap
The table below lists competitors of On4 Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crumbs Bake Shop Inc
PINK:CRMBQ
|
$0.91 |
|
WeedHire International Inc
PINK:WDHR
|
$0.91 |
|
Eatware Inc
PINK:CHSH
|
$0.91 |
|
Liberty International Holding Corp
PINK:PDPG
|
$0.91 |
|
Extreme Biodiesel In
PINK:XTRM
|
$0.91 |
|
Alliance Media Holdings Inc
PINK:ADTR
|
$0.91 |
|
Banco Espirito Santo S.A.
PINK:BKESY
|
$0.91 |
|
Towne Bancorp Inc
PINK:TWNE
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in On4 Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -5,328,012 to -5,823,263, a change of -495,251.
- Net loss of 515,000 reduced equity.
- Other factors increased equity by 19,749.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-515.00K | -8.84% |
| Other Changes | $19.75K | +0.34% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares On4 Communications 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 |
|---|---|---|---|
| 2005-10-31 | $8.62 | $0.00 | x |
| 2006-10-31 | $-67.29 | $0.00 | x |
| 2007-10-31 | $-420.33 | $0.00 | x |
| 2008-10-31 | $-730.45 | $0.00 | x |
| 2009-10-31 | $-19.58 | $0.00 | x |
| 2010-10-31 | $-9.92 | $0.00 | x |
| 2011-10-31 | $-10.44 | $0.00 | x |
| 2012-10-31 | $-10.78 | $0.00 | x |
| 2013-10-31 | $-2.59 | $0.00 | x |
| 2014-10-31 | $-0.12 | $0.00 | x |
| 2015-10-31 | $-0.01 | $0.00 | x |
| 2016-10-31 | $0.00 | $0.00 | x |
| 2017-10-31 | $0.00 | $0.00 | x |
| 2018-10-31 | $0.00 | $0.00 | x |
| 2019-10-31 | $0.00 | $0.00 | x |
| 2020-10-31 | $0.00 | $0.00 | x |
| 2021-10-31 | $0.00 | $0.00 | x |
| 2022-10-31 | $0.00 | $0.00 | x |
| 2023-10-31 | $0.00 | $0.00 | x |
| 2024-10-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently On4 Communications 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: -3961.54%
- • Asset Turnover: 2.46x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-40.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -888.42% | 0.00% | 0.00x | 5.70x | $-44.46K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.83K |
| 2007 | 0.00% | -116517.60% | 0.01x | 0.00x | $-393.01K |
| 2008 | 0.00% | -30499.47% | 0.01x | 0.00x | $-189.87K |
| 2009 | 0.00% | -28916.67% | 0.01x | 0.00x | $-5.25 Million |
| 2010 | 0.00% | -1180.19% | 18.30x | 0.00x | $-2.25 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $159.03K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-733.52K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-725.41K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-574.35K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $41.59K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-208.13K |
| 2017 | 0.00% | 32.31% | 0.44x | 0.00x | $641.45K |
| 2018 | 47.79% | 35.57% | 0.56x | 2.39x | $1.28 Million |
| 2019 | 29.27% | 29.06% | 0.49x | 2.07x | $1.06 Million |
| 2020 | 0.00% | -281.17% | 0.56x | 0.00x | $-6.96 Million |
| 2021 | 0.00% | -290.69% | 0.09x | 0.00x | $-1.01 Million |
| 2022 | 0.00% | -124.20% | 0.12x | 0.00x | $-382.46K |
| 2023 | 0.00% | -4284.00% | 0.03x | 0.00x | $-2.32 Million |
| 2024 | 0.00% | -3961.54% | 2.46x | 0.00x | $67.33K |
Industry Comparison
This section compares On4 Communications Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| On4 Communications Inc (ONCI) | $-5.96 Million | -888.42% | N/A | $0.91 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |