Sortis Holdings Inc
Sortis Holdings, Inc. intends to focus on investment in the fintech space. It also focuses on its brands in hotel and lodging, coffee, food and beverage, and beauty and wellness industries, as well as provides technology-enabled real estate lending products, private equity strategies, and advisory services. The company was formerly known as Merchants Bancorp and changed its name to Sortis Holding… Read more
Sortis Holdings Inc (SOHI) - Net Assets
Latest net assets as of September 2021: $3.71 Million USD
Based on the latest financial reports, Sortis Holdings Inc (SOHI) has net assets worth $3.71 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.31 Million) and total liabilities ($593.82K). 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 | $3.71 Million |
| % of Total Assets | 86.21% |
| Annual Growth Rate | 5.21% |
| 5-Year Change | 792.4% |
| 10-Year Change | 4779.48% |
| Growth Volatility | 55605.95 |
Sortis Holdings Inc - Net Assets Trend (2001–2021)
This chart illustrates how Sortis Holdings 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 Sortis Holdings Inc (2001–2021)
The table below shows the annual net assets of Sortis Holdings Inc from 2001 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $83.43 Million | +2947.59% |
| 2020-12-31 | $2.74 Million | +162.64% |
| 2019-12-31 | $1.04 Million | -82.69% |
| 2018-12-31 | $6.02 Million | -35.59% |
| 2017-12-31 | $9.35 Million | -11.62% |
| 2016-12-31 | $10.58 Million | -34.55% |
| 2015-12-31 | $16.16 Million | +27.70% |
| 2014-12-31 | $12.66 Million | +229885.55% |
| 2013-12-31 | $5.50K | -99.68% |
| 2012-12-31 | $1.71 Million | -93.70% |
| 2007-12-31 | $27.14 Million | +5.51% |
| 2006-12-31 | $25.72 Million | +15.84% |
| 2005-12-31 | $22.20 Million | +23.57% |
| 2004-12-31 | $17.97 Million | +10.86% |
| 2003-12-31 | $16.21 Million | -51.63% |
| 2002-12-31 | $33.51 Million | +10.84% |
| 2001-12-31 | $30.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sortis Holdings 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 grown by 224.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $83.43 Million | 100.00% |
| Common Stock | $44.20 Million | 52.98% |
| Other Comprehensive Income | $83.43 Million | 100.00% |
| Total Equity | $83.43 Million | 100.00% |
Sortis Holdings Inc Competitors by Market Cap
The table below lists competitors of Sortis Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coil Tubing Technology Inc
PINK:CTBG
|
$1.84 |
|
Stem Cell Authority Ltd
PINK:SCAL
|
$1.84 |
|
KS International Holdings Corporation
PINK:KSIH
|
$1.84 |
|
MobiVentures Inc
PINK:MBLV
|
$1.85 |
|
Oct 88 Res Inc
PINK:OCTX
|
$1.84 |
|
RONN Inc.
PINK:RONN
|
$1.84 |
|
Blue Water Ventures International Inc
PINK:BWVI
|
$1.84 |
|
Elliott Opportunity II Corp.
PINK:EOCWF
|
$1.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sortis Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 2,744,395 to 83,427,183, a change of 80,682,788 (2939.9%).
- Net income of 17,439,901 contributed positively to equity growth.
- Other comprehensive income increased equity by 80,689,703.
- Other factors decreased equity by 17,446,816.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.44 Million | +20.9% |
| Other Comprehensive Income | $80.69 Million | +96.72% |
| Other Changes | $-17.45 Million | -20.91% |
| Total Change | $- | 2939.91% |
Book Value vs Market Value Analysis
This analysis compares Sortis Holdings 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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $3.13 | $0.00 | x |
| 2002-12-31 | $3.46 | $0.00 | x |
| 2003-12-31 | $3.71 | $0.00 | x |
| 2004-12-31 | $5.06 | $0.00 | x |
| 2005-12-31 | $5.77 | $0.00 | x |
| 2006-12-31 | $5.51 | $0.00 | x |
| 2007-12-31 | $5.77 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.58 | $0.00 | x |
| 2014-12-31 | $0.88 | $0.00 | x |
| 2015-12-31 | $1.07 | $0.00 | x |
| 2016-12-31 | $0.87 | $0.00 | x |
| 2017-12-31 | $0.80 | $0.00 | x |
| 2018-12-31 | $0.57 | $0.00 | x |
| 2019-12-31 | $0.10 | $0.00 | x |
| 2020-12-31 | $0.20 | $0.00 | x |
| 2021-12-31 | $66212050.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sortis Holdings 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): 20.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10258.77%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (20.90%) is above the historical average (-23.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 14.57% | 35.40% | 0.04x | 10.09x | $1.38 Million |
| 2002 | 14.24% | 48.50% | 0.03x | 9.51x | $1.42 Million |
| 2003 | 12.16% | 17.52% | 0.07x | 10.60x | $349.68K |
| 2004 | 10.44% | 12.90% | 0.07x | 11.66x | $79.01K |
| 2005 | 8.25% | 13.79% | 0.05x | 11.35x | $-388.55K |
| 2006 | 13.28% | 15.01% | 0.08x | 10.83x | $841.93K |
| 2007 | 7.63% | 8.60% | 0.08x | 11.02x | $-643.40K |
| 2012 | -12.60% | -3.07% | 0.04x | 99.45x | $-386.33K |
| 2013 | 31.55% | 26.84% | 0.04x | 31.45x | $1.19K |
| 2014 | 36.17% | 53.01% | 0.05x | 12.87x | $3.31 Million |
| 2015 | 22.42% | 37.56% | 0.05x | 10.86x | $2.01 Million |
| 2016 | -54.11% | -64.17% | 0.06x | 13.90x | $-6.78 Million |
| 2017 | 4.47% | 6.49% | 0.52x | 1.31x | $-509.57K |
| 2018 | -53.28% | -45.12% | 0.94x | 1.25x | $-3.81 Million |
| 2019 | -478.56% | -215.57% | 1.84x | 1.20x | $-5.06 Million |
| 2020 | -2.21% | 0.00% | 0.00x | 1.28x | $-335.04K |
| 2021 | 20.90% | 10258.77% | 0.00x | 1.25x | $9.10 Million |
Industry Comparison
This section compares Sortis Holdings Inc's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $854,818,960
- Average return on equity (ROE) among peers: -13.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sortis Holdings Inc (SOHI) | $3.71 Million | 14.57% | 0.16x | $1.84 |
| Atrium Mortgage Investment Corporation (AMIVF) | $482.21 Million | 10.68% | 0.82x | $339.62 Million |
| AVVAA World Health Care Products Inc (AVVH) | $-41.07K | 0.00% | 0.00x | $16.78 |
| Better Home & Finance Holding Company (BETR) | $15.42 Million | 64.09% | 22.39x | $351.94 Million |
| Eastside Distilling, Inc. (BLNE) | $1.58 Million | -256.44% | 0.29x | $50.97 Million |
| Dominion Lending Centres Inc (BRLGF) | $157.84 Million | -4.27% | 1.04x | $184.06 Million |
| CNFinance Holdings Ltd (CNF) | $6.11 Billion | 1.07% | 1.36x | $38.54 Million |
| Mr. Cooper Group Inc (COOP) | $882.60 Million | 10.81% | 9.17x | $13.29 Billion |
| Dominion Resources Black Warrior Trust (DOMR) | $11.00 Million | 38.58% | 0.01x | $0.99 |
| DVL Inc (DVLN) | $7.57 Million | 6.67% | 5.00x | $18.05 Million |
| ECN Capital Corp. (ECNNF) | $879.03 Million | -1.68% | 0.96x | $1.32 Billion |