Sollensys Corp
Sollensys Corp. engages in the development of commercial blockchain applications for cybersecurity in the United States and Canada. It provides Blockchain Archive Server, a turn-key, off-the-shelf, and blockchain solution that works with virtually various hardware and software combinations used in commerce, without the need to replace or eliminate any part of the client's data security. The compa… Read more
Sollensys Corp (SOLS) - Net Assets
Latest net assets as of March 2023: $-2.47 Million USD
Based on the latest financial reports, Sollensys Corp (SOLS) has net assets worth $-2.47 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.28 Million) and total liabilities ($5.76 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 | $-2.47 Million |
| % of Total Assets | -75.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 161.5 |
Sollensys Corp - Net Assets Trend (2010–2022)
This chart illustrates how Sollensys Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sollensys Corp (2010–2022)
The table below shows the annual net assets of Sollensys Corp from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-2.47 Million | -474.44% |
| 2021-12-31 | $660.67K | +870.27% |
| 2019-12-31 | $-85.77K | 0.00% |
| 2018-12-31 | $-85.77K | -439.68% |
| 2011-12-31 | $-15.89K | -151.44% |
| 2010-12-31 | $30.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sollensys Corp'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 2477256000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $106.51K | % |
| Other Components | $22.20 Million | % |
| Total Equity | $-2.47 Million | 100.00% |
Sollensys Corp Competitors by Market Cap
The table below lists competitors of Sollensys Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tritax EuroBox PLC GBp
LSE:BOXE
|
$8.29K |
|
Post&Telecommunication Equipment
VN:POT
|
$8.29K |
|
GROWTHPOINT PPTYS
F:G5JA
|
$8.30K |
|
Pilot Gold Inc
STU:PGW
|
$8.30K |
|
Legion Capital Corporation
PINK:LGCP
|
$8.28K |
|
VBC
VN:VBC
|
$8.27K |
|
Netcents Technology Inc
PINK:NTTCF
|
$8.26K |
|
ARADEL HOLDINGS PLC
XNSA:ARADEL
|
$8.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sollensys Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 660,669 to -2,473,783, a change of -3,134,452 (-474.4%).
- Net loss of 15,779,956 reduced equity.
- New share issuances of 530,001 increased equity.
- Other factors increased equity by 12,115,503.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.78 Million | -637.89% |
| Share Issuances | $530.00K | +21.42% |
| Other Changes | $12.12 Million | +489.76% |
| Total Change | $- | -474.44% |
Book Value vs Market Value Analysis
This analysis compares Sollensys Corp'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 |
|---|---|---|---|
| 2011-12-31 | $-0.06 | $0.00 | x |
| 2018-12-31 | $-0.25 | $0.00 | x |
| 2019-12-31 | $-0.25 | $0.00 | x |
| 2021-12-31 | $0.01 | $0.00 | x |
| 2022-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sollensys Corp 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: -4580.98%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-150.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -59.39% | 0.00% | 0.00x | 1.23x | $-21.44K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-95.20K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.52K |
| 2021 | -695.46% | -2520.12% | 0.04x | 6.19x | $-4.66 Million |
| 2022 | 0.00% | -4580.98% | 0.10x | 0.00x | $-15.53 Million |
Industry Comparison
This section compares Sollensys Corp'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 |
|---|---|---|---|---|
| Sollensys Corp (SOLS) | $-2.47 Million | -59.39% | N/A | $8.29K |
| 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 |