SecureTech Innovations Inc
SecureTech Innovations, Inc., an emerging company, engages in developing and marketing advanced security and safety devices, products, and technologies in the United States. The company provides Top Kontrol, an anti-theft and anti-carjacking system that can safely stop a carjacking without any action by the driver. The company was formerly known as Securetech, Inc. and is changed its name to Secu… Read more
SecureTech Innovations Inc (SCTH) - Net Assets
Latest net assets as of September 2025: $10.96 Million USD
Based on the latest financial reports, SecureTech Innovations Inc (SCTH) has net assets worth $10.96 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.45 Million) and total liabilities ($4.49 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 | $10.96 Million |
| % of Total Assets | 70.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | -423.64% |
| 10-Year Change | N/A |
| Growth Volatility | 87.15 |
SecureTech Innovations Inc - Net Assets Trend (2018–2024)
This chart illustrates how SecureTech Innovations 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 SecureTech Innovations Inc (2018–2024)
The table below shows the annual net assets of SecureTech Innovations Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-440.04K | -195.59% |
| 2023-12-31 | $-148.87K | -184.87% |
| 2022-12-31 | $175.42K | -29.97% |
| 2021-12-31 | $250.50K | +84.24% |
| 2020-12-31 | $135.97K | +1.08% |
| 2019-12-31 | $134.51K | -31.30% |
| 2018-12-31 | $195.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SecureTech Innovations 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 166174400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $78.09K | % |
| Other Components | $1.20 Million | % |
| Total Equity | $-440.04K | 100.00% |
SecureTech Innovations Inc Competitors by Market Cap
The table below lists competitors of SecureTech Innovations Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EXCL.NETW. (PROM.)EO 1
F:97K
|
$52.72 Million |
|
Compagnie Du Mont-Blanc
PA:MLCMB
|
$52.72 Million |
|
Perusahaan Sadur Timah Malaysia Perstima Bhd
KLSE:5436
|
$52.74 Million |
|
Banco Alfa de Investimento S.A
SA:BRIV3
|
$52.75 Million |
|
Terra Metals Ltd
AU:TM1
|
$52.68 Million |
|
Odyssey Marine Exploration Inc
NASDAQ:OMEX
|
$52.68 Million |
|
Pioneer Natural Resources Company
F:PNK
|
$52.66 Million |
|
Thuan Duc JSC
VN:TDP
|
$52.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SecureTech Innovations Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -148,871 to -440,042, a change of -291,171.
- Net loss of 409,440 reduced equity.
- New share issuances of 15,000 increased equity.
- Other comprehensive income increased equity by 79,863.
- Other factors increased equity by 23,406.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-409.44K | -93.05% |
| Share Issuances | $15.00K | +3.41% |
| Other Comprehensive Income | $79.86K | +18.15% |
| Other Changes | $23.41K | +5.32% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares SecureTech Innovations 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 |
|---|---|---|---|
| 2017-12-31 | $0.00 | $3.35 | x |
| 2018-12-31 | $0.00 | $3.35 | x |
| 2019-12-31 | $0.00 | $3.35 | x |
| 2020-12-31 | $0.00 | $3.35 | x |
| 2021-12-31 | $0.00 | $3.35 | x |
| 2022-12-31 | $0.00 | $3.35 | x |
| 2023-12-31 | $0.00 | $3.35 | x |
| 2024-12-31 | $-0.01 | $3.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SecureTech Innovations 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: -2876.29%
- • Asset Turnover: 3.94x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-66.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -33.94% | 0.00% | 0.00x | 1.00x | $-68.39K |
| 2018 | -86.04% | 0.00% | 0.00x | 1.00x | $-188.05K |
| 2019 | -45.56% | -908.08% | 0.05x | 1.00x | $-74.74K |
| 2020 | -47.39% | -317.98% | 0.15x | 1.02x | $-78.04K |
| 2021 | -43.40% | -342.80% | 0.12x | 1.01x | $-133.76K |
| 2022 | -273.40% | -1024.70% | 0.23x | 1.15x | $-497.13K |
| 2023 | 0.00% | -767.26% | 1.98x | 0.00x | $-353.58K |
| 2024 | 0.00% | -2876.29% | 3.94x | 0.00x | $-365.44K |
Industry Comparison
This section compares SecureTech Innovations Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SecureTech Innovations Inc (SCTH) | $10.96 Million | -33.94% | 0.41x | $52.71 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |