RiskOn International Inc.
RiskOn International, Inc., through its subsidiaries, owns and operates online gaming platform in the United States. The company owns and operates bitnile.com metaverse platform, a social networking community that allows users to purchase digital and physical products while playing 2D and 3D immersive games. It also offers 3D and 2D sweepstakes gaming, a diverse selection of visually engaging 3D … Read more
RiskOn International Inc. (ROII) - Net Assets
Latest net assets as of March 2024: $-25.34 Million USD
Based on the latest financial reports, RiskOn International Inc. (ROII) has net assets worth $-25.34 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.67 Million) and total liabilities ($36.01 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 | $-25.34 Million |
| % of Total Assets | -237.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | -540.95% |
| 10-Year Change | N/A |
| Growth Volatility | 139.74 |
RiskOn International Inc. - Net Assets Trend (2016–2023)
This chart illustrates how RiskOn International 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 RiskOn International Inc. (2016–2023)
The table below shows the annual net assets of RiskOn International Inc. from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-25.34 Million | -81.74% |
| 2022-12-31 | $-13.94 Million | -163.00% |
| 2021-12-31 | $22.13 Million | +30.00% |
| 2020-12-31 | $17.03 Million | +196.28% |
| 2019-12-31 | $5.75 Million | +237.03% |
| 2018-12-31 | $-4.19 Million | -187.74% |
| 2017-12-31 | $4.78 Million | -12.65% |
| 2016-12-31 | $5.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RiskOn International 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 18532223300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $32.63K | % |
| Other Components | $227.56 Million | % |
| Total Equity | $-19.66 Million | 100.00% |
RiskOn International Inc. Competitors by Market Cap
The table below lists competitors of RiskOn International Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CYBHD
PINK:CYBHD
|
$3.27K |
|
Travel Investment and Seafood Development Corp
VN:DAT
|
$3.27K |
|
L.K. TECHNOLOGY
BE:L5D
|
$3.27K |
|
BioVie Inc. Warrant
NASDAQ:BIVIW
|
$3.28K |
|
Swisstek PLC
CM:PARQN0000
|
$3.26K |
|
INIFY LABORATORIES AB
F:WY60
|
$3.26K |
|
Song Da Industry Trade JSC
VN:STP
|
$3.26K |
|
Sidi Kerir Petrochemicals - SIDPEC
EGX:SKPC
|
$3.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RiskOn International Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -9,613,477 to -19,662,612, a change of -10,049,135.
- Net loss of 33,144,374 reduced equity.
- Share repurchases of 1,305,000 reduced equity.
- New share issuances of 1,655,335 increased equity.
- Other factors increased equity by 22,744,904.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.14 Million | -168.57% |
| Share Repurchases | $1.30 Million | -6.64% |
| Share Issuances | $1.66 Million | +8.42% |
| Other Changes | $22.74 Million | +115.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares RiskOn International 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 |
|---|---|---|---|
| 2016-12-31 | $21.93 | $0.00 | x |
| 2017-12-31 | $15.76 | $0.00 | x |
| 2018-12-31 | $-12.33 | $0.00 | x |
| 2019-12-31 | $13.46 | $0.00 | x |
| 2020-12-31 | $24.86 | $0.00 | x |
| 2021-12-31 | $27.14 | $0.00 | x |
| 2022-12-31 | $-9.86 | $0.00 | x |
| 2023-12-31 | $-1.89 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RiskOn International 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: -9970.48%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-192.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -463.25% | -176.00% | 1.08x | 2.43x | $-25.90 Million |
| 2017 | -700.25% | -5998.57% | 0.04x | 2.60x | $-33.95 Million |
| 2018 | 0.00% | -1290.68% | 0.42x | 0.00x | $-13.29 Million |
| 2019 | -211.22% | -2089.33% | 0.02x | 4.34x | $-12.71 Million |
| 2020 | -122.68% | -138.48% | 0.41x | 2.15x | $-22.59 Million |
| 2021 | -43.66% | -36514.58% | 0.00x | 1.58x | $-12.20 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-68.84 Million |
| 2023 | 0.00% | -9970.48% | 0.03x | 0.00x | $-31.18 Million |
Industry Comparison
This section compares RiskOn International Inc.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RiskOn International Inc. (ROII) | $-25.34 Million | -463.25% | N/A | $3.27K |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |