Signature Devices
Signature Devices, Inc., operates as a software and hardware development company. The company focuses on mobile applications and the Internet of Things (IoT) business. It offers Morpheus media servers and players; Tazerwear's AI Software; Truck IT's beacon platform with Knoton's hardware; and various other infrastructures and software products. The company is based in Sheridan, Wyoming.
Signature Devices (SDVI) - Net Assets
Latest net assets as of September 2021: $704.21K USD
Based on the latest financial reports, Signature Devices (SDVI) has net assets worth $704.21K USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($733.32K) and total liabilities ($29.11K). 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 | $704.21K |
| % of Total Assets | 96.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | 13.84% |
| 10-Year Change | 290.3% |
| Growth Volatility | 162.59 |
Signature Devices - Net Assets Trend (2007–2021)
This chart illustrates how Signature Devices's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Signature Devices (2007–2021)
The table below shows the annual net assets of Signature Devices from 2007 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $825.19K | 0.00% |
| 2020-12-31 | $825.19K | -44.43% |
| 2019-12-31 | $1.49 Million | +60.28% |
| 2018-12-31 | $926.53K | +27.82% |
| 2017-12-31 | $724.85K | +16.07% |
| 2016-12-31 | $624.48K | +211.69% |
| 2015-12-31 | $-559.10K | -174.89% |
| 2012-12-31 | $746.51K | -32.96% |
| 2010-12-31 | $1.11 Million | +426.69% |
| 2009-12-31 | $211.42K | +209.86% |
| 2008-12-31 | $68.23K | +148.10% |
| 2007-12-31 | $-141.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Signature Devices'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 515715400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $56.47K | 6.84% |
| Other Components | $12.50 Million | 1514.56% |
| Total Equity | $825.19K | 100.00% |
Signature Devices Competitors by Market Cap
The table below lists competitors of Signature Devices ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WMD Holdings Group Inc
PINK:WMDH
|
$0.90 |
|
Fuelstream Inc
PINK:FLST
|
$0.90 |
|
Mid-Atlantic Home Health Network Inc
PINK:MAHN
|
$0.90 |
|
China Industrial Waste Management Inc
PINK:CIWT
|
$0.90 |
|
Farm Lands of Africa Inc
PINK:FLAF
|
$0.90 |
|
Cass Saddle Agriculture Exchange Traded Fund
XZIM:CSAG
|
$0.86 |
|
Unbound Group plc
LSE:UBG
|
$0.82 |
|
United Paragon Mining Corp
PSE:UPM
|
$0.70 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Signature Devices's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 825,193 to 825,193, a change of 0 (0.0%).
- Net loss of 677,000 reduced equity.
- Other factors increased equity by 677,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-677.00K | -82.04% |
| Other Changes | $677.00K | +82.04% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Signature Devices'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: 0.68x
- 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 |
|---|---|---|---|
| 2007-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Signature Devices 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): -82.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5700.57%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.04x
- Recent ROE (-82.04%) is above the historical average (-379.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | -764.33% | 7.36x | 0.00x | $-5.57 Million |
| 2008 | -4412.24% | -795.67% | 1.44x | 3.85x | $-3.02 Million |
| 2009 | 127.51% | 17.29% | 5.76x | 1.28x | $248.45K |
| 2010 | -66.89% | -185.45% | 0.26x | 1.37x | $-856.25K |
| 2012 | -76.91% | -442.95% | 0.08x | 2.25x | $-648.80K |
| 2015 | 0.00% | 35.66% | 0.07x | 0.00x | $56.45K |
| 2016 | -0.63% | -104.50% | 0.00x | 1.94x | $-66.37K |
| 2017 | -2.87% | -12.43% | 0.10x | 2.38x | $-78.15K |
| 2018 | 1.56% | 3.88% | 0.21x | 1.92x | $-78.20K |
| 2019 | 37.26% | 126.78% | 0.29x | 1.02x | $404.76K |
| 2020 | -82.08% | -5703.02% | 0.01x | 1.04x | $-759.81K |
| 2021 | -82.04% | -5700.57% | 0.01x | 1.04x | $-759.52K |
Industry Comparison
This section compares Signature Devices's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Signature Devices (SDVI) | $704.21K | 0.00% | 0.04x | $0.90 |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |