Puissant Industries Inc
Puissant Industries, Inc. explores, develops, and produces oil and natural gas properties focusing on the onshore United States. The company holds oil and gas interests in the Raccoon Mountain, Wofford, Woodbine, and Rockholds Fields located in Clay and Whitley counties in Kentucky. It has 39 wells with an area of approximately 4,685 acres available for drilling and exploration. The company was f… Read more
Puissant Industries Inc (PSSS) - Net Assets
Latest net assets as of December 2023: $-125.10K USD
Based on the latest financial reports, Puissant Industries Inc (PSSS) has net assets worth $-125.10K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.04K) and total liabilities ($127.14K). 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 | $-125.10K |
| % of Total Assets | -6132.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | -104.29% |
| 10-Year Change | -103.7% |
| Growth Volatility | 118.21 |
Puissant Industries Inc - Net Assets Trend (2010–2023)
This chart illustrates how Puissant Industries 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 Puissant Industries Inc (2010–2023)
The table below shows the annual net assets of Puissant Industries Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-125.10K | -104.52% |
| 2022-12-31 | $2.77 Million | -0.40% |
| 2021-12-31 | $2.78 Million | -1.83% |
| 2020-12-31 | $2.83 Million | -2.98% |
| 2019-12-31 | $2.92 Million | -6.23% |
| 2018-12-31 | $3.11 Million | -11.36% |
| 2017-12-31 | $3.51 Million | +9.57% |
| 2016-12-31 | $3.20 Million | -1.13% |
| 2015-12-31 | $3.24 Million | -4.28% |
| 2014-12-31 | $3.38 Million | +402.77% |
| 2013-12-31 | $673.11K | +5.14% |
| 2012-12-31 | $640.18K | +67.73% |
| 2011-12-31 | $381.68K | +257.80% |
| 2010-12-31 | $-241.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Puissant Industries 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 34474800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $99.63K | % |
| Total Equity | $-125.10K | 100.00% |
Puissant Industries Inc Competitors by Market Cap
The table below lists competitors of Puissant Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nyle International Corp
OTCGREY:NYLE
|
$3.72 |
|
Hear Atlast Holdings Inc
PINK:HRAL
|
$3.73 |
|
Livewire Ergogenics
PINK:LVVV
|
$3.74 |
|
Allstar Health Brands Inc
PINK:ALST
|
$3.74 |
|
AMALGAMATED REGIONAL TRADING (ART) HOLDINGS LIMITED
XZIM:ARTD
|
$3.54 |
|
STACO INSURANCE PLC
XNSA:STACO
|
$3.04 |
|
Unisource Corporate Corporation
PINK:USRC
|
$3.00 |
|
First Class Metals PLC
LSE:FCM
|
$2.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Puissant Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,766,895 to -125,096, a change of -2,891,991 (-104.5%).
- Net income of 99,629 contributed positively to equity growth.
- Other factors decreased equity by 2,991,620.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $99.63K | +79.64% |
| Other Changes | $-2.99 Million | -2391.46% |
| Total Change | $- | -104.52% |
Book Value vs Market Value Analysis
This analysis compares Puissant Industries 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 |
|---|---|---|---|
| 2010-12-31 | $-4.10 | $0.00 | x |
| 2011-12-31 | $0.06 | $0.00 | x |
| 2012-12-31 | $0.09 | $0.00 | x |
| 2013-12-31 | $0.07 | $0.00 | x |
| 2014-12-31 | $0.24 | $0.00 | x |
| 2015-12-31 | $0.23 | $0.00 | x |
| 2016-12-31 | $0.23 | $0.00 | x |
| 2017-12-31 | $0.16 | $0.00 | x |
| 2018-12-31 | $0.14 | $0.00 | x |
| 2019-12-31 | $0.13 | $0.00 | x |
| 2020-12-31 | $0.11 | $0.00 | x |
| 2021-12-31 | $0.10 | $0.00 | x |
| 2022-12-31 | $0.10 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Puissant Industries 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: 98.22%
- • Asset Turnover: 49.72x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-220.93K |
| 2011 | 9.87% | 11.48% | 0.70x | 1.22x | $-509.10 |
| 2012 | -6.89% | -10.02% | 0.59x | 1.17x | $-108.12K |
| 2013 | -31.35% | -44.65% | 0.61x | 1.16x | $-278.31K |
| 2014 | 63.53% | 305.30% | 0.20x | 1.04x | $1.81 Million |
| 2015 | -5.49% | -49.62% | 0.11x | 1.04x | $-501.93K |
| 2016 | -1.14% | -5.51% | 0.19x | 1.08x | $-356.77K |
| 2017 | -25.87% | -116.43% | 0.21x | 1.08x | $-1.26 Million |
| 2018 | -15.98% | -38.56% | 0.39x | 1.07x | $-808.09K |
| 2019 | -6.65% | -25.11% | 0.24x | 1.10x | $-485.70K |
| 2020 | -4.67% | -167.16% | 0.03x | 1.07x | $-415.03K |
| 2021 | -1.87% | -77.13% | 0.02x | 1.08x | $-329.65K |
| 2022 | -0.95% | -25.30% | 0.03x | 1.07x | $-302.84K |
| 2023 | 0.00% | 98.22% | 49.72x | 0.00x | $112.14K |
Industry Comparison
This section compares Puissant Industries Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $131,214,049
- Average return on equity (ROE) among peers: -2225.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Puissant Industries Inc (PSSS) | $-125.10K | 0.00% | N/A | $3.71 |
| Armada Mercantile Ltd (AAMTF) | $-177.83K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.25 Billion | 17.41% | 1.10x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-853.22K | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $-4.83 Million | 0.00% | 0.00x | $199.05 Million |
| Abits Group Inc. (ABTS) | $11.31 Million | -111.43% | 0.09x | $4.44 Million |
| Argentex Group PLC (AGXTF) | $28.70 Million | 20.56% | 2.22x | $4.51 Million |
| Sphere 3D Corp (ANY) | $1.37 Million | -6.53% | 0.28x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $158.00K | -22172.78% | 479.63x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $28.26 Million | -5.07% | 0.10x | $1.38 Million |