Smart Decision Inc
Smart Decision, Inc. engages in developing algorithms for the consumer and business LED lighting and CBD markets. Its algorithms would reduce the confusion of selecting the right LED or CBD products. The company was founded in 2017 and is based in Boca Raton, Florida.
Smart Decision Inc (SDEC) - Net Assets
Latest net assets as of June 2021: $-5.20 Million USD
Based on the latest financial reports, Smart Decision Inc (SDEC) has net assets worth $-5.20 Million USD as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.54K) and total liabilities ($5.24 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 | $-5.20 Million |
| % of Total Assets | -11411.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Smart Decision Inc - Net Assets Trend (2018–2020)
This chart illustrates how Smart Decision 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 Smart Decision Inc (2018–2020)
The table below shows the annual net assets of Smart Decision Inc from 2018 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $-5.13 Million | +78.88% |
| 2019-12-31 | $-24.27 Million | -55756.18% |
| 2018-12-31 | $-43.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smart Decision 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 grown by 5932064800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $59.21 Million | % |
| Common Stock | $10.68K | % |
| Other Comprehensive Income | $-64.35 Million | % |
| Other Components | $1.00 | % |
| Total Equity | $-5.13 Million | 100.00% |
Smart Decision Inc Competitors by Market Cap
The table below lists competitors of Smart Decision Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
In Ovations Hldgs In
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$0.93 |
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Southcorp Capital Inc
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$0.93 |
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Café Serendipity Holdings Inc
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$0.93 |
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Kinbasha Gaming International Inc
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$0.93 |
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RA Global Services Inc
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$0.93 |
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Cache Inc
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$0.93 |
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1st NRG Corp
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$0.93 |
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Bravada Intl Ltd
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$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smart Decision Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -24,271,185 to -5,126,324, a change of 19,144,861.
- Net income of 18,653,735 contributed positively to equity growth.
- Other comprehensive income increased equity by 487,895.
- Other factors increased equity by 3,231.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.65 Million | +363.88% |
| Other Comprehensive Income | $487.89K | +9.52% |
| Other Changes | $3.23K | +0.06% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Smart Decision 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 |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $-0.35 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Decision 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: 220493321.51%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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 | $-93.34K |
| 2019 | 0.00% | 771375.44% | 4.64x | 0.00x | $43.09 Million |
| 2020 | 0.00% | 220493321.51% | 0.00x | 0.00x | $19.17 Million |
Industry Comparison
This section compares Smart Decision Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smart Decision Inc (SDEC) | $-5.20 Million | 0.00% | N/A | $0.93 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |