Smartmetric Inc
SmartMetric, Inc. operates as a multidisciplinary electronic, and system design and manufacturing company in the United States. It offers Biometric Card or SmartMetric Biometric Datacard, a fingerprint sensor-activated card with a finger sensor onboard the card and a built-in rechargeable battery for portable biometric identification. The company was incorporated in 2002 and is headquartered in L… Read more
Smartmetric Inc (SMME) - Net Assets
Latest net assets as of March 2025: $-3.06 Million USD
Based on the latest financial reports, Smartmetric Inc (SMME) has net assets worth $-3.06 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 ($7.35K) and total liabilities ($3.07 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 | $-3.06 Million |
| % of Total Assets | -41671.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 122.47 |
Smartmetric Inc - Net Assets Trend (2005–2024)
This chart illustrates how Smartmetric 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 Smartmetric Inc (2005–2024)
The table below shows the annual net assets of Smartmetric Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-3.04 Million | -10.86% |
| 2023-06-30 | $-2.74 Million | -19.11% |
| 2022-06-30 | $-2.30 Million | +6.34% |
| 2021-06-30 | $-2.46 Million | -25.25% |
| 2020-06-30 | $-1.96 Million | +2.15% |
| 2019-06-30 | $-2.00 Million | -31.08% |
| 2018-06-30 | $-1.53 Million | -14.03% |
| 2017-06-30 | $-1.34 Million | +36.92% |
| 2016-06-30 | $-2.13 Million | -118.08% |
| 2015-06-30 | $-974.91K | -157.66% |
| 2014-06-30 | $-378.37K | -136.28% |
| 2013-06-30 | $1.04 Million | +108.67% |
| 2012-06-30 | $499.81K | +281.75% |
| 2011-06-30 | $-275.00K | +67.95% |
| 2010-06-30 | $-857.93K | -101.94% |
| 2009-06-30 | $-424.84K | -278.35% |
| 2008-06-30 | $-112.29K | +77.03% |
| 2007-06-30 | $-488.86K | -91.96% |
| 2005-06-30 | $-254.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smartmetric 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 3181848500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.46 Million | % |
| Other Components | $25.62 Million | % |
| Total Equity | $-3.04 Million | 100.00% |
Smartmetric Inc Competitors by Market Cap
The table below lists competitors of Smartmetric Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanshow Technology Co., Ltd.
SHE:301275
|
$57.35K |
|
HOCHSCHILD MINING
BE:H3M
|
$57.36K |
|
Hydaway Ventures Corp.
V:HIDE-P
|
$57.44K |
|
Metal Sky Star Acquisition Corporation Warrant
NASDAQ:MSSAW
|
$57.50K |
|
ALLIED PROP.REAL EST. UTS
F:5G8
|
$57.26K |
|
IVGAF
OTCGREY:IVGAF
|
$57.20K |
|
Sebang Co. Ltd. Pfd. Series 1
KQ:004365
|
$57.19K |
|
Lenskart Solutions Ltd
NSE:LENSKART
|
$57.18K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartmetric Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,740,856 to -3,038,554, a change of -297,698.
- Net loss of 681,000 reduced equity.
- New share issuances of 401,167 increased equity.
- Other comprehensive income increased equity by 15,728.
- Other factors decreased equity by 33,593.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-681.00K | -22.41% |
| Share Issuances | $401.17K | +13.2% |
| Other Comprehensive Income | $15.73K | +0.52% |
| Other Changes | $-33.59K | -1.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Smartmetric 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 |
|---|---|---|---|
| 2005-06-30 | $0.00 | $0.00 | x |
| 2007-06-30 | $-0.01 | $0.00 | x |
| 2008-06-30 | $0.00 | $0.00 | x |
| 2009-06-30 | $-0.01 | $0.00 | x |
| 2010-06-30 | $-0.01 | $0.00 | x |
| 2011-06-30 | $0.00 | $0.00 | x |
| 2012-06-30 | $0.00 | $0.00 | x |
| 2013-06-30 | $0.01 | $0.00 | x |
| 2014-06-30 | $0.00 | $0.00 | x |
| 2015-06-30 | $-0.01 | $0.00 | x |
| 2016-06-30 | $-0.01 | $0.00 | x |
| 2017-06-30 | $-0.01 | $0.00 | x |
| 2018-06-30 | $-0.01 | $0.00 | x |
| 2019-06-30 | $-0.01 | $0.00 | x |
| 2020-06-30 | $-0.01 | $0.00 | x |
| 2021-06-30 | $-0.01 | $0.00 | x |
| 2022-06-30 | $0.00 | $0.00 | x |
| 2023-06-30 | $0.00 | $0.00 | x |
| 2024-06-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartmetric 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-52.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-232.53K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.00 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.39 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.06 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.53 Million |
| 2011 | 0.00% | -5434.00% | 0.03x | 0.00x | $-1.86 Million |
| 2012 | -542.21% | -1357.80% | 0.12x | 3.29x | $-2.76 Million |
| 2013 | -449.49% | 0.00% | 0.00x | 1.54x | $-4.79 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.31 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.62 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.01 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-951.97K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.49 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-728.68K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-667.51K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-758.55K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.98 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-660.91K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-377.14K |
Industry Comparison
This section compares Smartmetric Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartmetric Inc (SMME) | $-3.06 Million | 0.00% | N/A | $57.35K |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |