Renovare Environmental Inc
Renovare Environmental, Inc., through its subsidiaries, provides environmental management solutions worldwide. The company's suite of technologies includes on-site biological processing equipment for food waste, patented processing facilities for the conversion of municipal solid waste into renewable fuel, and proprietary real-time data analytics tools to reduce food waste generation. It markets … Read more
Renovare Environmental Inc (RENO) - Net Assets
Latest net assets as of March 2022: $-11.86 Million USD
Based on the latest financial reports, Renovare Environmental Inc (RENO) has net assets worth $-11.86 Million USD as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.84 Million) and total liabilities ($51.70 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 | $-11.86 Million |
| % of Total Assets | -29.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 718.33 |
Renovare Environmental Inc - Net Assets Trend (2013–2021)
This chart illustrates how Renovare Environmental 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 Renovare Environmental Inc (2013–2021)
The table below shows the annual net assets of Renovare Environmental Inc from 2013 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-9.63 Million | -335.85% |
| 2020-12-31 | $4.08 Million | -49.59% |
| 2019-12-31 | $8.10 Million | -25.21% |
| 2018-12-31 | $10.82 Million | +204.15% |
| 2017-12-31 | $-10.39 Million | +9.29% |
| 2016-12-31 | $-11.46 Million | -110.12% |
| 2015-12-31 | $-5.45 Million | -9128.27% |
| 2014-12-31 | $-59.09K | -1771.63% |
| 2013-12-31 | $3.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renovare Environmental 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 9202823100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.05K | % |
| Other Comprehensive Income | $-132.54K | % |
| Other Components | $82.56 Million | % |
| Total Equity | $-9.63 Million | 100.00% |
Renovare Environmental Inc Competitors by Market Cap
The table below lists competitors of Renovare Environmental Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Parkmead Group PLC
LSE:PMG
|
$3.26K |
|
Shahtaj Textile Ltd
KAR:STJT
|
$3.26K |
|
Sidi Kerir Petrochemicals - SIDPEC
EGX:SKPC
|
$3.26K |
|
Song Da Industry Trade JSC
VN:STP
|
$3.26K |
|
AFRIPRISE INVESTMENT PLC
DSE:AFRIPRISE
|
$3.25K |
|
Vallibel One PLC
CM:VONEN0000
|
$3.25K |
|
Minh Hung Quang Tri JSC
VN:GMH
|
$3.25K |
|
Sui Northern Gas Pipelines Ltd
KAR:SNGP
|
$3.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renovare Environmental Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 2,940,511 to -9,625,450, a change of -12,565,961 (-427.3%).
- Net loss of 21,596,998 reduced equity.
- New share issuances of 8,558,669 increased equity.
- Other comprehensive income increased equity by 11,273.
- Other factors increased equity by 461,095.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.60 Million | -224.37% |
| Share Issuances | $8.56 Million | +88.92% |
| Other Comprehensive Income | $11.27K | +0.12% |
| Other Changes | $461.10K | +4.79% |
| Total Change | $- | -427.34% |
Book Value vs Market Value Analysis
This analysis compares Renovare Environmental 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 |
|---|---|---|---|
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $-0.01 | $0.00 | x |
| 2015-12-31 | $-0.75 | $0.00 | x |
| 2016-12-31 | $-1.39 | $0.00 | x |
| 2017-12-31 | $-1.22 | $0.00 | x |
| 2018-12-31 | $0.31 | $0.00 | x |
| 2019-12-31 | $0.18 | $0.00 | x |
| 2020-12-31 | $0.15 | $0.00 | x |
| 2021-12-31 | $-0.35 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renovare Environmental 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: -174.91%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-221.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -881.61% | -5246.63% | 0.05x | 3.26x | $-31.52K |
| 2014 | 0.00% | -2204.82% | 74.87x | 0.00x | $-56.82K |
| 2015 | 0.00% | -330.35% | 0.75x | 0.00x | $-4.46 Million |
| 2016 | 0.00% | -300.67% | 0.88x | 0.00x | $-5.60 Million |
| 2017 | 0.00% | -344.89% | 0.23x | 0.00x | $-7.31 Million |
| 2018 | -347.46% | -436.70% | 0.06x | 13.10x | $-15.09 Million |
| 2019 | -373.73% | -243.64% | 0.07x | 20.55x | $-10.56 Million |
| 2020 | -392.34% | -196.25% | 0.10x | 19.28x | $-11.83 Million |
| 2021 | 0.00% | -174.91% | 0.29x | 0.00x | $-20.63 Million |
Industry Comparison
This section compares Renovare Environmental Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renovare Environmental Inc (RENO) | $-11.86 Million | -881.61% | N/A | $3.26K |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |