United Resource Holdings Group Inc
United Resource Holdings Group, Inc. engages in the exploration, mining, and milling operations in the United States. It is also involved in the procurement and acceleration of equity positions in small and mid-sized companies. The company was incorporated in 2004 and is based in Henderson, Nevada.
United Resource Holdings Group Inc (URHG) - Net Assets
Latest net assets as of March 2023: $2.95 Million USD
Based on the latest financial reports, United Resource Holdings Group Inc (URHG) has net assets worth $2.95 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 ($3.15 Million) and total liabilities ($199.00K). 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 | $2.95 Million |
| % of Total Assets | 93.69% |
| Annual Growth Rate | -16.21% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 106.77 |
United Resource Holdings Group Inc - Net Assets Trend (2013–2022)
This chart illustrates how United Resource Holdings Group 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 United Resource Holdings Group Inc (2013–2022)
The table below shows the annual net assets of United Resource Holdings Group Inc from 2013 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $3.01 Million | +150.98% |
| 2021-12-31 | $1.20 Million | +190.71% |
| 2020-12-31 | $-1.32 Million | +10.66% |
| 2019-12-31 | $-1.48 Million | +68.41% |
| 2018-12-31 | $-4.69 Million | -436.04% |
| 2017-12-31 | $-874.89K | -109.83% |
| 2016-12-31 | $8.90 Million | +136.85% |
| 2015-12-31 | $3.76 Million | -73.28% |
| 2014-12-31 | $14.06 Million | -5.06% |
| 2013-12-31 | $14.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Resource Holdings Group 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 364493200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $199.98K | 6.64% |
| Other Comprehensive Income | $-199.98K | -6.64% |
| Other Components | $10.48 Million | 347.66% |
| Total Equity | $3.01 Million | 100.00% |
United Resource Holdings Group Inc Competitors by Market Cap
The table below lists competitors of United Resource Holdings Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JPO Solutions Inc
PINK:MOPN
|
$0.99 |
|
International Card Establishment Inc
PINK:ICRD
|
$0.99 |
|
Buzz Technologies Inc
PINK:BZTG
|
$0.99 |
|
Foodfest Intl 2000
PINK:FDFT
|
$0.99 |
|
Placer Creek Mining
OTCGREY:PRCK
|
$0.99 |
|
Baristas Coffee Company Inc
PINK:BCCI
|
$0.99 |
|
Southern Home Medicl
PINK:SHOM
|
$0.99 |
|
Powerlock Intl Corp
PINK:PWLK
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Resource Holdings Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,200,714 to 3,013,604, a change of 1,812,890 (151.0%).
- Net loss of 1,462,341 reduced equity.
- Other comprehensive income decreased equity by 199,982.
- Other factors increased equity by 3,475,213.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.46 Million | -48.52% |
| Other Comprehensive Income | $-199.98K | -6.64% |
| Other Changes | $3.48 Million | +115.32% |
| Total Change | $- | 150.98% |
Book Value vs Market Value Analysis
This analysis compares United Resource Holdings Group 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: 0.01x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.02 | $0.00 | x |
| 2016-12-31 | $0.06 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $-0.03 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $-0.01 | $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 United Resource Holdings Group 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): -48.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.42x
- • Equity Multiplier: 1.07x
- Recent ROE (-48.52%) is below the historical average (-41.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -9.18% | 0.00% | 0.00x | 1.14x | $-2.84 Million |
| 2014 | -6.60% | -3645.61% | 0.00x | 1.33x | $-2.33 Million |
| 2015 | -384.68% | -24765.61% | 0.01x | 1.89x | $-12.85 Million |
| 2016 | -13.03% | -6549.39% | 0.00x | 1.54x | $-2.05 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-602.68K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-123.18K |
| 2019 | 0.00% | -1721.45% | 0.02x | 0.00x | $-196.14K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-150.98K |
| 2021 | 46.06% | 53.18% | 0.57x | 1.53x | $432.98K |
| 2022 | -48.52% | 0.00% | -0.42x | 1.07x | $-1.76 Million |
Industry Comparison
This section compares United Resource Holdings Group Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Resource Holdings Group Inc (URHG) | $2.95 Million | -9.18% | 0.07x | $0.99 |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |