Southern ITS International Inc
Southern ITS International, Inc. acquires and invest in companies that generate revenues through capital appreciation, dividends, and/or strategic partnerships. The company builds a direct sales network of e-commerce internet applications, manufacturing, and online sales of various products. Southern ITS International, Inc. company is based in Scottsdale, Arizona.
Southern ITS International Inc (SITS) - Net Assets
Latest net assets as of March 2025: $1.62 Million USD
Based on the latest financial reports, Southern ITS International Inc (SITS) has net assets worth $1.62 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.67 Million) and total liabilities ($13.06 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 | $1.62 Million |
| % of Total Assets | 11.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Southern ITS International Inc - Net Assets Trend (2013–2024)
This chart illustrates how Southern ITS International 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 Southern ITS International Inc (2013–2024)
The table below shows the annual net assets of Southern ITS International Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.39 Million | +118.09% |
| 2023-12-31 | $-7.68 Million | -165.59% |
| 2022-12-31 | $-2.89 Million | -1294.41% |
| 2021-12-31 | $-207.49K | +15.43% |
| 2020-12-31 | $-245.34K | +91.76% |
| 2016-12-31 | $-2.98 Million | +2.16% |
| 2015-12-31 | $-3.04 Million | -50.10% |
| 2014-12-31 | $-2.03 Million | +12.03% |
| 2013-12-31 | $-2.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern ITS International 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 2517547900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $166.27K | 5.28% |
| Other Comprehensive Income | $172.50K | 5.47% |
| Other Components | $35.67 Million | 1131.63% |
| Total Equity | $3.15 Million | 100.00% |
Southern ITS International Inc Competitors by Market Cap
The table below lists competitors of Southern ITS International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spectrumone publ AB
ST:SPEONE
|
$4.16 Million |
|
Kumwell Corporation Public Company Limited
BK:KUMWEL
|
$4.16 Million |
|
AUTO NEJIMA
BC:AUTO-NEJIMA
|
$4.16 Million |
|
Veganz Group AG
F:VEZ
|
$4.16 Million |
|
Spago Nanomedical AB
ST:SPAGO
|
$4.16 Million |
|
Comelf SA
RO:CMF
|
$4.16 Million |
|
Streamplay Studio Ltd
AU:SP8
|
$4.16 Million |
|
Shiva Texyarn Limited
NSE:SHIVATEX
|
$4.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern ITS International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -7,684,258 to 3,151,993, a change of 10,836,251.
- Net loss of 4,325,000 reduced equity.
- Other comprehensive income increased equity by 140,000.
- Other factors increased equity by 15,021,251.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.33 Million | -137.21% |
| Other Comprehensive Income | $140.00K | +4.44% |
| Other Changes | $15.02 Million | +476.56% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Southern ITS International 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: 2.28x
- 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 |
|---|---|---|---|
| 2013-12-31 | $-0.39 | $0.05 | x |
| 2014-12-31 | $-0.11 | $0.05 | x |
| 2016-12-31 | $-0.14 | $0.05 | x |
| 2019-12-31 | $0.00 | $0.05 | x |
| 2020-12-31 | $0.00 | $0.05 | x |
| 2021-12-31 | $0.00 | $0.05 | x |
| 2022-12-31 | $-0.02 | $0.05 | x |
| 2023-12-31 | $-0.08 | $0.05 | x |
| 2024-12-31 | $0.02 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern ITS International 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): -137.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -182.03%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.35x
- Recent ROE (-137.21%) is below the historical average (-13.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -81.25% | 13.19x | 0.00x | $-1.21 Million |
| 2014 | 0.00% | -92.71% | 0.72x | 0.00x | $-268.13K |
| 2015 | 0.00% | -23.06% | 46.66x | 0.00x | $-16.10K |
| 2016 | 0.00% | 11.74% | 4.49x | 0.00x | $363.77K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $4.79K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-69.82K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-123.25K |
| 2022 | 0.00% | -14448.37% | 0.39x | 0.00x | $-12.88 Million |
| 2023 | 0.00% | -1572.30% | 0.69x | 0.00x | $-5.45 Million |
| 2024 | -137.21% | -182.03% | 0.22x | 3.35x | $-4.64 Million |
Industry Comparison
This section compares Southern ITS International Inc's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern ITS International Inc (SITS) | $1.62 Million | 0.00% | 8.07x | $4.16 Million |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |