Snoogoo Corp
Snoogoo Corp. does not have significant operations. It intends to acquire a company either active in the green energy sector or one whose focus is on an aspect of sustainability. The company was formerly known as Casey Container Corp. and changed its name to Snoogoo Corp. in February 2015. Snoogoo Corp. was incorporated in 2006 and is based in Scottsdale, Arizona.
Snoogoo Corp (SGOO) - Net Assets
Latest net assets as of September 2022: $-724.85K USD
Based on the latest financial reports, Snoogoo Corp (SGOO) has net assets worth $-724.85K USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.04K) and total liabilities ($725.89K). 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 | $-724.85K |
| % of Total Assets | -69899.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 65.2 |
Snoogoo Corp - Net Assets Trend (2007–2022)
This chart illustrates how Snoogoo Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Snoogoo Corp (2007–2022)
The table below shows the annual net assets of Snoogoo Corp from 2007 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-594.96K | 0.00% |
| 2021-12-31 | $-594.96K | -13.71% |
| 2020-12-31 | $-523.22K | 0.00% |
| 2019-12-31 | $-523.22K | -0.21% |
| 2018-12-31 | $-522.10K | +5.27% |
| 2017-12-31 | $-551.13K | -17.13% |
| 2016-12-31 | $-470.51K | 0.00% |
| 2015-12-31 | $-470.51K | +46.69% |
| 2014-12-31 | $-882.56K | -20.35% |
| 2013-12-31 | $-733.34K | +45.83% |
| 2012-12-31 | $-1.35 Million | -206.10% |
| 2011-12-31 | $-442.26K | -361.10% |
| 2010-12-31 | $-95.91K | -1138.08% |
| 2009-12-31 | $-7.75K | -182.27% |
| 2008-12-31 | $9.42K | -51.88% |
| 2007-12-31 | $19.57K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Snoogoo Corp'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 650323200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $201.87K | % |
| Other Components | $5.74 Million | % |
| Total Equity | $-594.96K | 100.00% |
Snoogoo Corp Competitors by Market Cap
The table below lists competitors of Snoogoo Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medican Enterprises
PINK:MDCN
|
$0.96 |
|
SFLMaven Corp
PINK:SFLM
|
$0.96 |
|
Avix Technologies Inc
PINK:AVIX
|
$0.96 |
|
Artificial Life Inc
PINK:ALIF
|
$0.96 |
|
Canopus BioPharma Incorporated
PINK:CBIA
|
$0.96 |
|
Nexity Financial Corporation
PINK:NXTYQ
|
$0.96 |
|
Greyson International Inc
PINK:GYSN
|
$0.96 |
|
Newron Sport
PINK:NSPT
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Snoogoo Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -594,959 to -594,959, a change of 0.
- Net loss of 277,709 reduced equity.
- Other factors increased equity by 277,709.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-277.71K | -46.68% |
| Other Changes | $277.71K | +46.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Snoogoo Corp'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 |
|---|---|---|---|
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $-0.01 | $0.00 | x |
| 2012-12-31 | $-0.02 | $0.00 | x |
| 2013-12-31 | $-0.01 | $0.00 | x |
| 2014-12-31 | $-0.01 | $0.00 | x |
| 2015-12-31 | $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 |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Snoogoo Corp 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-16.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -139.34% | 0.00% | 0.00x | 1.28x | $-29.22K |
| 2008 | -107.79% | 0.00% | 0.00x | 1.56x | $-11.09K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.24K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-349.41K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-847.16K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.24 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-542.76K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-192.45K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.53 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.53 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-243.80 |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $33.54K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $51.21K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.24K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-218.21K |
Industry Comparison
This section compares Snoogoo Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Snoogoo Corp (SGOO) | $-724.85K | -139.34% | N/A | $0.96 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |