Spectaire Holdings Inc.
Spectaire Holdings Inc. provides solutions that measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. The company offers AireCore, an integrated hardware, software, and data platform for logistics and supply chain players that uses mass spectrometry to directly measure their emissions. It serves the logistics, energy, agriculture, academics, and indoor air indu… Read more
Spectaire Holdings Inc. (SPECW) - Net Assets
Latest net assets as of June 2024: $-21.87 Million USD
Based on the latest financial reports, Spectaire Holdings Inc. (SPECW) has net assets worth $-21.87 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($808.63K) and total liabilities ($22.68 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 | $-21.87 Million |
| % of Total Assets | -2704.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Spectaire Holdings Inc. - Net Assets Trend (2021–2023)
This chart illustrates how Spectaire 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 Spectaire Holdings Inc. (2021–2023)
The table below shows the annual net assets of Spectaire Holdings Inc. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-27.19 Million | -3325.15% |
| 2022-12-31 | $-793.89K | -10.65% |
| 2021-12-31 | $-717.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spectaire 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 decreased by 2647004400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.53K | % |
| Total Equity | $-27.19 Million | 100.00% |
Spectaire Holdings Inc. Competitors by Market Cap
The table below lists competitors of Spectaire Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA LIFE INS -H-
MU:CHL
|
$31.27K |
|
AMERN VANGUARD CORP
BE:AVJ
|
$31.32K |
|
TEMPLETON E.M.I.TR.LS-05
F:1NK0
|
$31.32K |
|
H.W.A. AG - Dusseldorf Stock Exchang
DU:H9W
|
$31.33K |
|
BESCIENT ORD A (SHH) EQSW Exp:
SHG:688671
|
$31.26K |
|
BFF Bank SpA
STU:2BF
|
$31.25K |
|
Voice Mobility International Inc
V:VMY-H
|
$31.24K |
|
Stainless Tankers ASA
OL:STST
|
$31.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spectaire Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -793,893 to -27,192,010, a change of -26,398,117.
- Net income of 8,952,082 contributed positively to equity growth.
- New share issuances of 500,000 increased equity.
- Other factors decreased equity by 35,850,199.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.95 Million | +32.92% |
| Share Issuances | $500.00K | +1.84% |
| Other Changes | $-35.85 Million | -131.84% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Spectaire 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-0.08 | $0.01 | x |
| 2022-12-31 | $-0.26 | $0.01 | x |
| 2023-12-31 | $-2.29 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spectaire 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): 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 below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-344.71K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-336.52K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $11.67 Million |
Industry Comparison
This section compares Spectaire Holdings Inc.'s net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $98,276,595
- Average return on equity (ROE) among peers: -123.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spectaire Holdings Inc. (SPECW) | $-21.87 Million | 0.00% | N/A | $31.26K |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $6.36 Million | -117.00% | 0.09x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $877.84 Million | -23.25% | 0.48x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $1.15 Million | -209.75% | 2.29x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $-269.53K | 0.00% | 0.00x | $1.65K |
| Arq Inc (ARQ) | $108.29 Million | 32.82% | 0.60x | $61.99 Million |
| Active Energy Group PLC (ATGVF) | $2.17 Million | -731.37% | 0.37x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $130.66K | -188.44% | 0.28x | $527.96K |
| Birchtech Corp. (BCHT) | $-782.90K | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $1.57 Million | -1.60% | 3.03x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-13.69 Million | 0.00% | 0.00x | $3.71 Million |