Veridetx Corp
WebSafety Inc., a software company, develops mobile apps for Android and iOS mobile operating systems. The company's WebSafety app allows parents to monitor their children's mobile device activities that include downloaded apps, websites visited, social media, GPS tracking, and curfew blocking. It also offers DriveSafety app, which disables mobile device from texting and performing other related … Read more
Veridetx Corp (WBSI) - Net Assets
Latest net assets as of September 2014: $-1.51 Million USD
Based on the latest financial reports, Veridetx Corp (WBSI) has net assets worth $-1.51 Million USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.18K) and total liabilities ($1.53 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 | $-1.51 Million |
| % of Total Assets | -7499.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Veridetx Corp - Net Assets Trend (2010–2013)
This chart illustrates how Veridetx 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 Veridetx Corp (2010–2013)
The table below shows the annual net assets of Veridetx Corp from 2010 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $-1.04 Million | +23.30% |
| 2012-12-31 | $-1.35 Million | +23.80% |
| 2011-12-31 | $-1.77 Million | -111.43% |
| 2010-12-31 | $-837.77K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veridetx 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 603645700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.93K | % |
| Other Components | $12.38 Million | % |
| Total Equity | $-1.64 Million | 100.00% |
Veridetx Corp Competitors by Market Cap
The table below lists competitors of Veridetx Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
US Financial 15 Split Corp
TO:FTU
|
$2.57K |
|
Mega Fortris Berhad
KLSE:5327
|
$2.57K |
|
Biopower Operations Corp
PINK:BOPO
|
$2.57K |
|
PRECISION AIR SERVICES PLC
DSE:PAL
|
$2.57K |
|
Prestwick Capital Corporation Limited
V:PWIK-P
|
$2.56K |
|
Samcrete Misr Preferred Shares
EGX:SMCSA
|
$2.56K |
|
Pricer AB
STU:PRRB
|
$2.55K |
|
0749116 B.C. Ltd.
V:TRR
|
$2.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veridetx Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from -1,351,740 to -1,637,293, a change of -285,553.
- Net loss of 907,757 reduced equity.
- Other factors increased equity by 622,204.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-907.76K | -55.44% |
| Other Changes | $622.20K | +38.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Veridetx 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Veridetx 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: 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 |
|---|---|---|---|---|---|
| 2010 | 0.00% | -1759.53% | 1.94x | 0.00x | $-5.36 Million |
| 2011 | 0.00% | -6054.92% | 1.20x | 0.00x | $-3.81 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.01 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-744.03K |
Industry Comparison
This section compares Veridetx Corp's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $-9,848,766
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veridetx Corp (WBSI) | $-1.51 Million | 0.00% | N/A | $2.56K |
| Creatd Inc (CRTD) | $-9.85 Million | 0.00% | 0.00x | $5.71 Million |