USCorp
USCorp, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold, silver, and other non-ferrous metals and minerals. It owns interests in the Twin Peaks project comprising 276 unpatented lode and placer mining claims covering an area of 5,520 acres located in the Eureka Mining Distric… Read more
USCorp (USCS) - Net Assets
Latest net assets as of June 2023: $-22.93K USD
Based on the latest financial reports, USCorp (USCS) has net assets worth $-22.93K USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.83K) and total liabilities ($24.76K). 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 | $-22.93K |
| % of Total Assets | -1253.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 181.26 |
USCorp - Net Assets Trend (1999–2022)
This chart illustrates how USCorp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for USCorp (1999–2022)
The table below shows the annual net assets of USCorp from 1999 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | $-11.25K | +99.62% |
| 2014-09-30 | $-2.98 Million | +4.27% |
| 2013-09-30 | $-3.11 Million | -73.95% |
| 2012-09-30 | $-1.79 Million | +41.60% |
| 2011-09-30 | $-3.06 Million | -1.37% |
| 2010-09-30 | $-3.02 Million | -19.69% |
| 2009-09-30 | $-2.53 Million | -62.74% |
| 2008-09-30 | $-1.55 Million | +55.45% |
| 2007-09-30 | $-3.48 Million | -260.82% |
| 2006-09-30 | $-965.68K | -364.76% |
| 2005-09-30 | $-207.78K | -108.89% |
| 2004-09-30 | $2.34 Million | -6.79% |
| 2003-09-30 | $2.51 Million | +316.36% |
| 1999-09-30 | $601.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to USCorp'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 2845767500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.90 Million | % |
| Other Comprehensive Income | $-9.90 Million | % |
| Other Components | $29.84 Million | % |
| Total Equity | $-11.25K | 100.00% |
USCorp Competitors by Market Cap
The table below lists competitors of USCorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PacificHealth Laboratories Inc
PINK:PHLI
|
$0.92 |
|
SheerVision Inc
PINK:SVSO
|
$0.92 |
|
China Clean Energy
PINK:CCGY
|
$0.92 |
|
Radium Resources Corp
PINK:RADR
|
$0.92 |
|
ComF5 International Inc
PINK:CMFV
|
$0.92 |
|
Ijj Corporation
PINK:IJJP
|
$0.92 |
|
KAL Energy Inc
PINK:KALG
|
$0.92 |
|
Cannlabs Inc
PINK:CANL
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in USCorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 900,694 to -11,250, a change of -911,944 (-101.2%).
- Net loss of 9,011,250 reduced equity.
- Other comprehensive income decreased equity by 9,900,694.
- Other factors increased equity by 18,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.01 Million | -80100.0% |
| Other Comprehensive Income | $-9.90 Million | -88006.17% |
| Other Changes | $18.00 Million | +160000.0% |
| Total Change | $- | -101.25% |
Book Value vs Market Value Analysis
This analysis compares USCorp'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 |
|---|---|---|---|
| 1999-09-30 | $1.00 | $0.00 | x |
| 2000-09-30 | $-3.35 | $0.00 | x |
| 2002-09-30 | $0.19 | $0.00 | x |
| 2003-09-30 | $0.10 | $0.00 | x |
| 2004-09-30 | $0.09 | $0.00 | x |
| 2005-09-30 | $-0.01 | $0.00 | x |
| 2006-09-30 | $-0.03 | $0.00 | x |
| 2007-09-30 | $-0.10 | $0.00 | x |
| 2008-09-30 | $-0.03 | $0.00 | x |
| 2009-09-30 | $-0.04 | $0.00 | x |
| 2010-09-30 | $-0.03 | $0.00 | x |
| 2011-09-30 | $-0.02 | $0.00 | x |
| 2012-09-30 | $-0.01 | $0.00 | x |
| 2013-09-30 | $-0.01 | $0.00 | x |
| 2014-09-30 | $0.00 | $0.00 | x |
| 2019-09-30 | $0.00 | $0.00 | x |
| 2020-09-30 | $0.00 | $0.00 | x |
| 2021-09-30 | $0.00 | $0.00 | x |
| 2022-09-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently USCorp 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 above the historical average (-4.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -4.44% | -2670500.00% | 0.00x | 1.07x | $-86.90K |
| 2000 | 0.00% | -62469900.00% | 0.00x | 0.00x | $-423.44K |
| 2002 | -5.80% | 0.00% | 0.00x | 1.00x | $-387.28K |
| 2003 | -13.51% | 0.00% | 0.00x | 1.01x | $-589.34K |
| 2004 | -41.27% | 0.00% | 0.00x | 1.06x | $-1.20 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-607.56K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-740.98K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.83 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.83 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.04 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.42 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.78 Million |
| 2012 | 0.00% | -2226421.13% | 0.00x | 0.00x | $-5.72 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.96 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $243.86K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.01 Million |
Industry Comparison
This section compares USCorp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| USCorp (USCS) | $-22.93K | -4.44% | N/A | $0.92 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |