Reelcause Inc
Reelcause, Inc. does not have significant operations. The company intends to pursue the direct or indirect acquisition and development of real estate assets, and/or businesses related thereto. The company was formerly known as China Green Energy Industries, Inc. and changed its name to Reelcause, Inc. in December 2014. Reelcause, Inc. is based in Las Vegas, Nevada.
Reelcause Inc (RCIT) - Net Assets
Latest net assets as of June 2023: $-485.18K USD
Based on the latest financial reports, Reelcause Inc (RCIT) has net assets worth $-485.18K USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.00) and total liabilities ($485.20K). 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 | $-485.18K |
| % of Total Assets | -3032381.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -114.53% |
| Growth Volatility | 6180.61 |
Reelcause Inc - Net Assets Trend (2009–2022)
This chart illustrates how Reelcause 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 Reelcause Inc (2009–2022)
The table below shows the annual net assets of Reelcause Inc from 2009 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-541.18K | -4.04% |
| 2021-12-31 | $-520.18K | 0.00% |
| 2020-12-31 | $-520.18K | 0.00% |
| 2019-12-31 | $-520.18K | -29.77% |
| 2018-12-31 | $-400.86K | -257.19% |
| 2017-12-31 | $-112.22K | -227.14% |
| 2016-12-31 | $88.27K | +167.02% |
| 2015-12-31 | $-131.71K | -192.06% |
| 2014-12-31 | $143.06K | -96.16% |
| 2011-12-31 | $3.72 Million | -34.34% |
| 2010-12-31 | $5.67 Million | +15313.16% |
| 2009-12-31 | $36.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reelcause 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 74163000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $97.23K | % |
| Other Comprehensive Income | $-97.23K | % |
| Other Components | $213.33K | % |
| Total Equity | $-541.20K | 100.00% |
Reelcause Inc Competitors by Market Cap
The table below lists competitors of Reelcause Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corning Incorporated
NYSE:GLW
|
$101.10 Billion |
|
T-MOBILE US INC.DL-00001
XETRA:TM5
|
$101.23 Billion |
|
Mitsui & Company Ltd
PINK:MITSY
|
$101.34 Billion |
|
Adobe Systems Incorporated
NASDAQ:ADBE
|
$104.01 Billion |
|
Northrop Grumman Corporation
NYSE:NOC
|
$100.27 Billion |
|
Canadian Natural Resources Ltd
NYSE:CNQ
|
$99.84 Billion |
|
UniCredit S.p.A.
WAR:UCG
|
$99.58 Billion |
|
Air Liquide SA
PA:AI
|
$99.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reelcause Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -520,181 to -541,195, a change of -21,014.
- Net loss of 27,046 reduced equity.
- Other comprehensive income decreased equity by 97,228.
- Other factors increased equity by 103,260.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-27.05K | -5.0% |
| Other Comprehensive Income | $-97.23K | -17.97% |
| Other Changes | $103.26K | +19.08% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Reelcause 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 |
|---|---|---|---|
| 2008-12-31 | $0.67 | $2164.02 | x |
| 2009-12-31 | $0.27 | $2164.02 | x |
| 2010-12-31 | $12.71 | $2164.02 | x |
| 2011-12-31 | $7.90 | $2164.02 | x |
| 2015-12-31 | $0.00 | $2164.02 | x |
| 2016-12-31 | $0.00 | $2164.02 | x |
| 2017-12-31 | $0.00 | $2164.02 | x |
| 2018-12-31 | $-0.01 | $2164.02 | x |
| 2019-12-31 | $-0.01 | $2164.02 | x |
| 2020-12-31 | $-0.01 | $2164.02 | x |
| 2021-12-31 | $-0.01 | $2164.02 | x |
| 2022-12-31 | $-0.01 | $2164.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reelcause 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-19.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -11.99% | 0.00% | 0.00x | 1.00x | $-12.73K |
| 2009 | -73.49% | -0.22% | 323.85x | 1.01x | $-30.73K |
| 2010 | 72.93% | 14.47% | 0.80x | 6.29x | $3.57 Million |
| 2011 | -62.04% | -9.28% | 0.50x | 13.46x | $-2.68 Million |
| 2014 | -103.08% | 0.00% | 0.00x | 1.47x | $-161.77K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-261.59K |
| 2016 | -58.61% | 0.00% | 0.00x | 1.61x | $-60.56K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-189.27K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-248.55K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-67.30K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $51.99K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $27.07K |
Industry Comparison
This section compares Reelcause Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reelcause Inc (RCIT) | $-485.18K | -11.99% | N/A | $100.28 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |