SofTech Inc
SofTech, Inc. develops, markets, distributes, and supports computer aided design (CAD), and product data management and collaboration computer solutions for the product lifecycle management (PLM) industry primarily in North America, Europe, and Asia. The company offers ProductCenter, a collaborative PLM solution, which manages the engineering data and electronic files of discrete parts designed i… Read more
SofTech Inc (SOFT) - Net Assets
Latest net assets as of November 2016: $1.31 Million USD
Based on the latest financial reports, SofTech Inc (SOFT) has net assets worth $1.31 Million USD as of November 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.58 Million) and total liabilities ($1.27 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 | $1.31 Million |
| % of Total Assets | 50.62% |
| Annual Growth Rate | -23.54% |
| 5-Year Change | -91.6% |
| 10-Year Change | N/A |
| Growth Volatility | 73.87 |
SofTech Inc - Net Assets Trend (2000–2016)
This chart illustrates how SofTech 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 SofTech Inc (2000–2016)
The table below shows the annual net assets of SofTech Inc from 2000 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-05-31 | $120.00K | +121.66% |
| 2015-05-31 | $-554.00K | -164.57% |
| 2014-05-31 | $858.00K | -49.88% |
| 2013-05-31 | $1.71 Million | +19.80% |
| 2012-05-31 | $1.43 Million | +28.62% |
| 2011-05-31 | $1.11 Million | +114.32% |
| 2009-05-31 | $-7.76 Million | +14.80% |
| 2008-05-31 | $-9.10 Million | -4.70% |
| 2007-05-31 | $-8.69 Million | -17.22% |
| 2006-05-31 | $-7.42 Million | -22.09% |
| 2005-05-31 | $-6.08 Million | -32.12% |
| 2004-05-31 | $-4.60 Million | -67.32% |
| 2003-05-31 | $-2.75 Million | -213.70% |
| 2002-05-31 | $-876.00K | -145.46% |
| 2001-05-31 | $1.93 Million | -78.11% |
| 2000-05-31 | $8.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SofTech 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 2807300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2016)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $73.00K | % |
| Other Comprehensive Income | $-278.00K | % |
| Other Components | $27.14 Million | % |
| Total Equity | $-1.14 Million | 100.00% |
SofTech Inc Competitors by Market Cap
The table below lists competitors of SofTech Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spotlight Capital Holdings Inc
PINK:SLCH
|
$24.89 |
|
Levitee Labs Inc
PINK:LVTTF
|
$24.97 |
|
HALDANE MCCALL PLC
XNSA:HMCALL
|
$25.11 |
|
Morgan & Co Multi Sector Exchange Traded Fund Trust
XZIM:MCMS
|
$25.16 |
|
Octopus Titan VCT
LSE:OTV2
|
$24.41 |
|
AUSTIN LAZ & COMPANY PLC
XNSA:AUSTINLAZ
|
$24.33 |
|
Zann Corp
PINK:ZNNC
|
$24.29 |
|
STRATEX INTL (S1Y.SG)
STU:S1Y
|
$24.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SofTech Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from -554,000 to -1,140,000, a change of -586,000.
- Net loss of 673,000 reduced equity.
- Share repurchases of 50,000 reduced equity.
- Other comprehensive income decreased equity by 278,000.
- Other factors increased equity by 415,000.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-673.00K | -59.04% |
| Share Repurchases | $50.00K | -4.39% |
| Other Comprehensive Income | $-278.00K | -24.39% |
| Other Changes | $415.00K | +36.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares SofTech 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 |
|---|---|---|---|
| 2014-05-31 | $0.00 | $0.00 | x |
| 2015-05-31 | $-0.77 | $0.00 | x |
| 2016-05-31 | $-1.26 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SofTech 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: -16.12%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-7.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 31.07% | 6.90% | 0.98x | 4.58x | $301.10K |
| 2013 | 21.03% | 5.66% | 0.82x | 4.51x | $188.80K |
| 2014 | -87.18% | -14.93% | 1.06x | 5.51x | $-833.80K |
| 2015 | 0.00% | -33.46% | 1.20x | 0.00x | $-1.26 Million |
| 2016 | 0.00% | -16.12% | 1.34x | 0.00x | $-559.00K |
Industry Comparison
This section compares SofTech Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SofTech Inc (SOFT) | $1.31 Million | 31.07% | 0.98x | $24.61 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |