RIT Technologies Ltd
RiT Technologies Ltd. provides intelligent infrastructure management (IIM) and indoor optical wireless technology solutions worldwide. The company's IIM products enhance security and network utilization for data centers, communication rooms, and work space environments. Its enterprise solutions include PatchView hardware, which is offered in a cross connect topology; CenterMind data center manage… Read more
RIT Technologies Ltd (RITT) - Net Assets
Latest net assets as of September 2015: $6.45 Million USD
Based on the latest financial reports, RIT Technologies Ltd (RITT) has net assets worth $6.45 Million USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.91 Million) and total liabilities ($7.46 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 | $6.45 Million |
| % of Total Assets | 46.37% |
| Annual Growth Rate | -9.32% |
| 5-Year Change | 34.05% |
| 10-Year Change | -68.6% |
| Growth Volatility | 67.42 |
RIT Technologies Ltd - Net Assets Trend (1997–2014)
This chart illustrates how RIT Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RIT Technologies Ltd (1997–2014)
The table below shows the annual net assets of RIT Technologies Ltd from 1997 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-12-31 | $3.93 Million | -47.11% |
| 2013-12-31 | $7.43 Million | +224.41% |
| 2012-12-31 | $2.29 Million | -54.52% |
| 2011-12-31 | $5.04 Million | +71.78% |
| 2010-12-31 | $2.93 Million | -4.28% |
| 2009-12-31 | $3.06 Million | -67.33% |
| 2008-12-31 | $9.37 Million | +48.31% |
| 2007-12-31 | $6.32 Million | -43.41% |
| 2006-12-31 | $11.17 Million | -10.74% |
| 2005-12-31 | $12.51 Million | +20.31% |
| 2004-12-31 | $10.40 Million | +57.39% |
| 2003-12-31 | $6.61 Million | -50.81% |
| 2002-12-31 | $13.43 Million | -33.74% |
| 2001-12-31 | $20.27 Million | +11.00% |
| 2000-12-31 | $18.27 Million | +18.45% |
| 1999-12-31 | $15.42 Million | -23.44% |
| 1998-12-31 | $20.14 Million | -2.74% |
| 1997-12-31 | $20.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RIT Technologies Ltd'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 6927494200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 0.7% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.38 Million | 86.13% |
| Treasury Stock | $27.00K | 0.69% |
| Other Components | $72.24 Million | 1838.61% |
| Total Equity | $3.93 Million | 100.00% |
RIT Technologies Ltd Competitors by Market Cap
The table below lists competitors of RIT Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
X-Factor Communications Holdings Inc
PINK:XFCH
|
$0.95 |
|
RBID.com Inc
PINK:RBDC
|
$0.95 |
|
Transwitch Cp New
PINK:TXCCQ
|
$0.95 |
|
Airborne Security & Protective Services Inc
PINK:ABPR
|
$0.95 |
|
Family Room Entertainment Corporation
PINK:FMYR
|
$0.95 |
|
Secured Services Inc
PINK:SSVC
|
$0.95 |
|
Bedford Energy Inc
PINK:BFDE
|
$0.95 |
|
iConsumer Corp
PINK:RWRDP
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RIT Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from 7,429,000 to 3,929,000, a change of -3,500,000 (-47.1%).
- Net loss of 9,399,000 reduced equity.
- Other factors increased equity by 5,899,000.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.40 Million | -239.22% |
| Other Changes | $5.90 Million | +150.14% |
| Total Change | $- | -47.11% |
Book Value vs Market Value Analysis
This analysis compares RIT Technologies Ltd'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
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $22.08 | $0.00 | x |
| 1998-12-31 | $20.00 | $0.00 | x |
| 1999-12-31 | $14.26 | $0.00 | x |
| 2000-12-31 | $15.46 | $0.00 | x |
| 2001-12-31 | $17.79 | $0.00 | x |
| 2002-12-31 | $12.06 | $0.00 | x |
| 2003-12-31 | $5.93 | $0.00 | x |
| 2004-12-31 | $7.55 | $0.00 | x |
| 2005-12-31 | $6.47 | $0.00 | x |
| 2006-12-31 | $6.11 | $0.00 | x |
| 2007-12-31 | $3.45 | $0.00 | x |
| 2008-12-31 | $4.55 | $0.00 | x |
| 2009-12-31 | $1.18 | $0.00 | x |
| 2010-12-31 | $0.92 | $0.00 | x |
| 2011-12-31 | $1.15 | $0.00 | x |
| 2012-12-31 | $0.39 | $0.00 | x |
| 2013-12-31 | $0.81 | $0.00 | x |
| 2014-12-31 | $0.29 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RIT Technologies Ltd 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): -239.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -142.00%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.21x
- Recent ROE (-239.22%) is below the historical average (-86.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -0.90% | -0.94% | 0.72x | 1.32x | $-2.26 Million |
| 1998 | -3.60% | -2.73% | 0.96x | 1.37x | $-2.74 Million |
| 1999 | -31.97% | -21.43% | 1.01x | 1.48x | $-6.47 Million |
| 2000 | 13.98% | 6.61% | 1.15x | 1.84x | $726.23K |
| 2001 | 8.82% | 4.56% | 1.32x | 1.47x | $-239.74K |
| 2002 | -51.43% | -37.50% | 0.93x | 1.47x | $-8.25 Million |
| 2003 | -103.16% | -44.88% | 1.09x | 2.11x | $-7.48 Million |
| 2004 | -28.61% | -16.14% | 0.83x | 2.14x | $-4.01 Million |
| 2005 | 11.21% | 5.04% | 1.34x | 1.66x | $151.80K |
| 2006 | -15.42% | -6.86% | 1.15x | 1.95x | $-2.84 Million |
| 2007 | -83.89% | -22.69% | 1.58x | 2.34x | $-5.93 Million |
| 2008 | -12.99% | -5.40% | 1.34x | 1.80x | $-2.16 Million |
| 2009 | -210.65% | -74.52% | 0.91x | 3.12x | $-6.76 Million |
| 2010 | -118.94% | -30.58% | 1.18x | 3.30x | $-3.78 Million |
| 2011 | -76.60% | -28.11% | 1.31x | 2.09x | $-4.36 Million |
| 2012 | -485.02% | -131.66% | 0.87x | 4.22x | $-11.34 Million |
| 2013 | -128.25% | -85.23% | 0.77x | 1.96x | $-10.27 Million |
| 2014 | -239.22% | -142.00% | 0.76x | 2.21x | $-9.79 Million |
Industry Comparison
This section compares RIT Technologies Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RIT Technologies Ltd (RITT) | $6.45 Million | -0.90% | 1.16x | $0.95 |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |