SMG Industries Inc
SMG Industries Inc. operates as a transportation services company in the United States. It engages in the transportation of infrastructure components, such as bridge beams and power generation transformers; wind energy components; and midstream compressors. The company is also involved in the heavy haul of production equipment, heat exchangers, coolers, construction equipment, and refinery compon… Read more
SMG Industries Inc (SMGI) - Net Assets
Latest net assets as of September 2023: $15.01 Million USD
Based on the latest financial reports, SMG Industries Inc (SMGI) has net assets worth $15.01 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($76.13 Million) and total liabilities ($61.12 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 | $15.01 Million |
| % of Total Assets | 19.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -265.11% |
| Growth Volatility | 166.3 |
SMG Industries Inc - Net Assets Trend (2008–2022)
This chart illustrates how SMG Industries 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 SMG Industries Inc (2008–2022)
The table below shows the annual net assets of SMG Industries Inc from 2008 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-26.52 Million | -64.19% |
| 2021-12-31 | $-16.15 Million | -49.32% |
| 2020-12-31 | $-10.82 Million | -1074.01% |
| 2019-12-31 | $-921.45K | -840.74% |
| 2018-12-31 | $-97.95K | +83.17% |
| 2017-12-31 | $-582.12K | -205.34% |
| 2016-12-31 | $552.60K | -40.60% |
| 2015-12-31 | $930.24K | -79.92% |
| 2014-12-31 | $4.63 Million | -71.16% |
| 2013-12-31 | $16.06 Million | -43.90% |
| 2012-12-31 | $28.64 Million | +14.25% |
| 2011-12-31 | $25.06 Million | +404.65% |
| 2010-12-31 | $4.97 Million | +10.96% |
| 2009-12-31 | $4.48 Million | +65021.60% |
| 2008-12-31 | $-6.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SMG Industries 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 4462588100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $39.18K | % |
| Other Components | $18.08 Million | % |
| Total Equity | $-26.52 Million | 100.00% |
SMG Industries Inc Competitors by Market Cap
The table below lists competitors of SMG Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEVERN TRENT
BE:SVT1
|
$294.49K |
|
MVV ENERGIE N - Dusseldorf Stock Exchang
DU:MVV1
|
$294.72K |
|
SWEDBANK -A- - Dusseldorf Stock Exchang
DU:FRYA
|
$294.74K |
|
Triodos Bank N.V.
AS:TRIO
|
$294.80K |
|
Samsung Leverage ChinaA50 Futures ETN(H)
KO:530023
|
$294.35K |
|
ABM International Limited
NSE:ABMINTLLTD
|
$294.24K |
|
BELLWAY
BE:41B
|
$294.05K |
|
Defense Technologies International Corp
PINK:DTII
|
$294.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SMG Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -16,152,931 to -26,522,138, a change of -10,369,207.
- Net loss of 11,610,240 reduced equity.
- Other factors increased equity by 1,241,033.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.61 Million | -43.78% |
| Other Changes | $1.24 Million | +4.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares SMG Industries 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 |
|---|---|---|---|
| 2008-12-31 | $-0.04 | $0.00 | x |
| 2009-12-31 | $28.88 | $0.00 | x |
| 2010-12-31 | $32.04 | $0.00 | x |
| 2011-12-31 | $5.64 | $0.00 | x |
| 2012-12-31 | $3.25 | $0.00 | x |
| 2013-12-31 | $1.82 | $0.00 | x |
| 2014-12-31 | $0.58 | $0.00 | x |
| 2015-12-31 | $0.50 | $0.00 | x |
| 2016-12-31 | $0.39 | $0.00 | x |
| 2017-12-31 | $-0.17 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.07 | $0.00 | x |
| 2020-12-31 | $-0.61 | $0.00 | x |
| 2021-12-31 | $-0.69 | $0.00 | x |
| 2022-12-31 | $-0.73 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SMG Industries 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: -16.35%
- • Asset Turnover: 3.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.21K |
| 2009 | -7.53% | 0.00% | 0.00x | 1.07x | $-784.90K |
| 2010 | -1.09% | 0.00% | 0.00x | 1.06x | $-550.82K |
| 2011 | -19.04% | 0.00% | 0.00x | 1.01x | $-7.28 Million |
| 2012 | -13.57% | 0.00% | 0.00x | 1.01x | $-6.75 Million |
| 2013 | 6.11% | 10.33% | 0.55x | 1.08x | $-624.33K |
| 2014 | 102.70% | 22.57% | 4.37x | 1.04x | $4.30 Million |
| 2015 | -49.55% | -28.93% | 1.59x | 1.08x | $-553.93K |
| 2016 | -69.91% | -24.09% | 2.53x | 1.15x | $-441.59K |
| 2017 | 0.00% | -29.65% | 2.88x | 0.00x | $-672.87K |
| 2018 | 0.00% | -25.85% | 1.25x | 0.00x | $-1.13 Million |
| 2019 | 0.00% | -61.54% | 1.01x | 0.00x | $-3.89 Million |
| 2020 | 0.00% | -61.66% | 0.97x | 0.00x | $-15.36 Million |
| 2021 | 0.00% | -21.38% | 1.78x | 0.00x | $-9.53 Million |
| 2022 | 0.00% | -16.35% | 3.20x | 0.00x | $-8.96 Million |
Industry Comparison
This section compares SMG Industries Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SMG Industries Inc (SMGI) | $15.01 Million | 0.00% | 4.07x | $294.39K |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |