RTCORE Inc
RTCORE Inc provides software solutions. It engages in the development of Real Time Core Processing System, a cloud-native software to displace the monolithic systems plaguing industries worldwide. The company was formerly known as iSocialy, Inc. and changed its name to RTCORE Inc in September 2020. RTCORE Inc is headquartered in Charlotte, North Carolina.
RTCORE Inc (RTME) - Net Assets
Latest net assets as of : $- USD
Based on the latest financial reports, RTCORE Inc (RTME) has net assets worth $- USD as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($-) and total liabilities ($-). 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 | $- |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
RTCORE Inc - Net Assets Trend (2018–2021)
This chart illustrates how RTCORE 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 RTCORE Inc (2018–2021)
The table below shows the annual net assets of RTCORE Inc from 2018 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $99.67 Million | +1500.84% |
| 2020-12-31 | $6.23 Million | +778.82% |
| 2018-12-31 | $-917.22K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RTCORE 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 4708800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.50K | 0.01% |
| Other Comprehensive Income | $100.63 Million | 100.96% |
| Total Equity | $99.67 Million | 100.00% |
RTCORE Inc Competitors by Market Cap
The table below lists competitors of RTCORE Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
We Can Medicines Co., Ltd.
TWO:6929
|
$9.09K |
|
PTT NVDR
MU:NVA3
|
$9.09K |
|
QuantumKore Inc
PINK:SBOX
|
$9.10K |
|
Delta Sugar
EGX:SUGR
|
$9.10K |
|
QRT
WAR:QRT
|
$9.07K |
|
MATD3F
SA:MATD3F
|
$9.06K |
|
ilShinbiobase Co. Ltd
KO:068330
|
$9.06K |
|
ITV (IJ7.SG)
STU:IJ7
|
$9.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RTCORE Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 6,226,289 to 99,673,078, a change of 93,446,789 (1500.8%).
- Net loss of 116,950 reduced equity.
- Other comprehensive income increased equity by 93,563,740.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-116.95K | -0.12% |
| Other Comprehensive Income | $93.56 Million | +93.87% |
| Other Changes | $-1.00 | -0.0% |
| Total Change | $- | 1500.84% |
Book Value vs Market Value Analysis
This analysis compares RTCORE 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
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-0.01 | $1.00 | x |
| 2020-12-31 | $0.06 | $1.00 | x |
| 2021-12-31 | $0.80 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RTCORE 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): -0.12%
- 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: 1.00x
- Recent ROE (-0.12%) is below the historical average (0.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-159.71K |
| 2020 | 1.57% | 0.00% | 0.00x | 1.00x | $-525.00K |
| 2021 | -0.12% | 0.00% | 0.00x | 1.00x | $-10.08 Million |
Industry Comparison
This section compares RTCORE Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,166,100,419
- Average return on equity (ROE) among peers: -60.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RTCORE Inc (RTME) | $- | 0.00% | N/A | $9.07K |
| Abaxx Technologies Inc (ABXXF) | $-1.66 Million | 0.00% | 0.00x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $494.24K | -556.36% | 1.94x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $4.65 Billion | 15.57% | 0.23x | $100.66 Billion |
| Adcore Inc (ADCOF) | $-3.18 | 0.00% | 0.00x | $3.03 Million |
| ADEIA CORP (ADEA) | $446.70 Million | -41.54% | 0.09x | $2.48 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 20.87% | 4.70x | $83.68 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-23.08 Million | 0.00% | 0.00x | $0.98 |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $48.56 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.96 |