TrackX Holdings Inc
TrackX Holdings Inc., provides Software-as-a-Solutions for use in the tracking and collaboration solutions in the United States. The company offers RFID, Internet of Things, and other sensor technologies. It serves food, beverage, brewery, automotive, retail, government, financial services, and technology sectors. TrackX Holdings Inc. is headquartered in Denver, Colorado.
TrackX Holdings Inc (TKXHF) - Net Assets
Latest net assets as of June 2022: $-2.15 Million USD
Based on the latest financial reports, TrackX Holdings Inc (TKXHF) has net assets worth $-2.15 Million USD as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.56 Million) and total liabilities ($3.71 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 | $-2.15 Million |
| % of Total Assets | -137.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | -143.09% |
| 10-Year Change | -209.58% |
| Growth Volatility | 266.94 |
TrackX Holdings Inc - Net Assets Trend (2008–2021)
This chart illustrates how TrackX 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 TrackX Holdings Inc (2008–2021)
The table below shows the annual net assets of TrackX Holdings Inc from 2008 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-09-30 | $-1.39 Million | +53.76% |
| 2020-09-30 | $-3.00 Million | +22.11% |
| 2019-09-30 | $-3.85 Million | -836.41% |
| 2018-09-30 | $522.42K | -83.75% |
| 2017-09-30 | $3.22 Million | +200.78% |
| 2016-09-30 | $1.07 Million | +329.30% |
| 2015-09-30 | $-466.23K | -166.59% |
| 2014-09-30 | $700.19K | +33.33% |
| 2013-09-30 | $525.15K | -58.47% |
| 2012-09-30 | $1.26 Million | -21.85% |
| 2011-09-30 | $1.62 Million | -36.01% |
| 2010-09-30 | $2.53 Million | +41.02% |
| 2009-09-30 | $1.79 Million | +65.50% |
| 2008-09-30 | $1.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TrackX 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 1846316500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.79 Million | % |
| Other Comprehensive Income | $2.90 Million | % |
| Total Equity | $-1.39 Million | 100.00% |
TrackX Holdings Inc Competitors by Market Cap
The table below lists competitors of TrackX Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Handsome Corp.
KQ:020000
|
$160.91K |
|
Collingwood Resources Corp.
V:COLL-P
|
$160.95K |
|
Cathedra Bitcoin Inc
OTCQB:CBTTF
|
$160.97K |
|
VIEL + CIE INH. EO 02
F:VIC
|
$161.01K |
|
Wealth Invest AKL TimeInv Sust Opportu P
CO:WEITISOP
|
$160.81K |
|
Douugh Limited
PINK:DOUUF
|
$160.80K |
|
OUTOTEC (M6Q.SG)
STU:M6Q
|
$160.65K |
|
Park Dental Partners, Inc. Common Stock
NASDAQ:PARK
|
$160.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TrackX Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -2,996,661 to -1,385,535, a change of 1,611,126.
- Net loss of 758,723 reduced equity.
- New share issuances of 2,000,000 increased equity.
- Other comprehensive income increased equity by 1,640,167.
- Other factors decreased equity by 1,270,318.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-758.72K | -54.76% |
| Share Issuances | $2.00 Million | +144.35% |
| Other Comprehensive Income | $1.64 Million | +118.38% |
| Other Changes | $-1.27 Million | -91.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares TrackX 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 |
|---|---|---|---|
| 2008-09-30 | $36.57 | $0.00 | x |
| 2009-09-30 | $41.33 | $0.00 | x |
| 2010-09-30 | $30.37 | $0.00 | x |
| 2011-09-30 | $17.00 | $0.00 | x |
| 2012-09-30 | $12.32 | $0.00 | x |
| 2013-09-30 | $3.06 | $0.00 | x |
| 2014-09-30 | $0.77 | $0.00 | x |
| 2015-09-30 | $-0.03 | $0.00 | x |
| 2016-09-30 | $0.04 | $0.00 | x |
| 2017-09-30 | $0.05 | $0.00 | x |
| 2018-09-30 | $0.01 | $0.00 | x |
| 2019-09-30 | $-0.05 | $0.00 | x |
| 2020-09-30 | $-0.03 | $0.00 | x |
| 2021-09-30 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TrackX 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: -21.72%
- • Asset Turnover: 2.13x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-147.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -82.97% | 0.00% | 0.00x | 1.22x | $-1.01 Million |
| 2009 | -74.71% | 0.00% | 0.00x | 1.08x | $-1.52 Million |
| 2010 | -15.30% | 0.00% | 0.00x | 1.04x | $-639.56K |
| 2011 | -81.13% | 0.00% | 0.00x | 1.02x | $-1.47 Million |
| 2012 | -26.53% | 0.00% | 0.00x | 1.13x | $-461.87K |
| 2013 | -358.05% | 0.00% | 0.00x | 2.55x | $-1.93 Million |
| 2014 | -239.72% | -167.72% | 0.85x | 1.69x | $-1.75 Million |
| 2015 | 0.00% | -79.87% | 31.99x | 0.00x | $-1.25 Million |
| 2016 | -401.87% | -307.58% | 0.57x | 2.29x | $-4.40 Million |
| 2017 | -123.59% | -76.87% | 0.94x | 1.71x | $-4.30 Million |
| 2018 | -660.80% | -60.91% | 1.04x | 10.47x | $-3.50 Million |
| 2019 | 0.00% | -62.33% | 2.47x | 0.00x | $-3.53 Million |
| 2020 | 0.00% | 4.68% | 3.87x | 0.00x | $484.92K |
| 2021 | 0.00% | -21.72% | 2.13x | 0.00x | $-620.17K |
Industry Comparison
This section compares TrackX Holdings 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 |
|---|---|---|---|---|
| TrackX Holdings Inc (TKXHF) | $-2.15 Million | -82.97% | N/A | $160.87K |
| 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 |