Rightscorp Inc
Rightscorp, Inc. operates as a technology company that has a patent-pending proprietary method for collecting payments from illegal downloaders of copyrighted content through notifications sent to their Internet service providers (ISP's). The company's technology system monitors peer-to-peer file sharing networks and sends through email to ISP's notifications of copyright infringement by the ISPs… Read more
Rightscorp Inc (RIHT) - Net Assets
Latest net assets as of June 2025: $-3.40 Million USD
Based on the latest financial reports, Rightscorp Inc (RIHT) has net assets worth $-3.40 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.80K) and total liabilities ($3.44 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 | $-3.40 Million |
| % of Total Assets | -10703.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Rightscorp Inc - Net Assets Trend (2013–2024)
This chart illustrates how Rightscorp 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 Rightscorp Inc (2013–2024)
The table below shows the annual net assets of Rightscorp Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.27 Million | -21.61% |
| 2023-12-31 | $-2.69 Million | -0.67% |
| 2022-12-31 | $-2.67 Million | +22.36% |
| 2020-12-31 | $-3.44 Million | -8.76% |
| 2019-12-31 | $-3.16 Million | -51.20% |
| 2016-12-31 | $-2.09 Million | +4.15% |
| 2015-12-31 | $-2.18 Million | -136.40% |
| 2014-12-31 | $-923.22K | +6.24% |
| 2013-12-31 | $-984.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rightscorp 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 1578026200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $234.74K | % |
| Other Components | $12.28 Million | % |
| Total Equity | $-3.27 Million | 100.00% |
Rightscorp Inc Competitors by Market Cap
The table below lists competitors of Rightscorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VIMAB Group AB
ST:VIMAB
|
$1.94 Million |
|
Kings Entertainment Group Inc.
PINK:KENGF
|
$1.94 Million |
|
TechnoDex Bhd
KLSE:0132
|
$1.94 Million |
|
Soco Corporation Ltd
AU:SOC
|
$1.94 Million |
|
NUFORMIX PLC LS -001
F:1RT
|
$1.94 Million |
|
Crypto Co
PINK:CRCW
|
$1.94 Million |
|
ASHDOD REFINERY LTD
TA:ARF
|
$1.94 Million |
|
Netcapital Inc
NASDAQ:NCPL
|
$1.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rightscorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,689,060 to -3,270,133, a change of -581,073.
- Net loss of 618,272 reduced equity.
- Other factors increased equity by 37,199.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-618.27K | -18.91% |
| Other Changes | $37.20K | +1.14% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Rightscorp 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 | $0.00 | $0.02 | x |
| 2011-12-31 | $0.00 | $0.02 | x |
| 2012-12-31 | $0.00 | $0.02 | x |
| 2013-12-31 | $-0.03 | $0.02 | x |
| 2014-12-31 | $-0.01 | $0.02 | x |
| 2015-12-31 | $-0.02 | $0.02 | x |
| 2016-12-31 | $-0.02 | $0.02 | x |
| 2019-12-31 | $-0.02 | $0.02 | x |
| 2020-12-31 | $-0.02 | $0.02 | x |
| 2022-12-31 | $-0.02 | $0.02 | x |
| 2023-12-31 | $-0.01 | $0.02 | x |
| 2024-12-31 | $-0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rightscorp 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: -488.50%
- • Asset Turnover: 11.23x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -9.62% | 0.00% | 0.00x | 1.00x | $-9.40K |
| 2011 | -131.55% | 0.00% | 0.00x | 1.00x | $-29.28K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.66K |
| 2013 | 0.00% | -630.46% | 2.22x | 0.00x | $-1.94 Million |
| 2014 | 0.00% | -306.50% | 0.44x | 0.00x | $-2.76 Million |
| 2015 | 0.00% | -412.70% | 1.91x | 0.00x | $-3.22 Million |
| 2016 | 0.00% | -174.21% | 6.26x | 0.00x | $-1.15 Million |
| 2019 | 0.00% | -178.64% | 207.10x | 0.00x | $29.96K |
| 2020 | 0.00% | -222.41% | 39.84x | 0.00x | $67.03K |
| 2022 | 0.00% | 24.59% | 9.38x | 0.00x | $546.18K |
| 2023 | 0.00% | -140.86% | 1.20x | 0.00x | $-145.58K |
| 2024 | 0.00% | -488.50% | 11.23x | 0.00x | $-291.26K |
Industry Comparison
This section compares Rightscorp Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rightscorp Inc (RIHT) | $-3.40 Million | -9.62% | N/A | $1.94 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |