Xtreme One Entertainment, Inc.
Xtreme One Entertainment, Inc. engages in the live sports and event marketing businesses. The company is involved in the promotion and staging of mixed martial arts (MMA) fights under the Xtreme Fighting Championships name. The company was formerly known as CannaGrow Holdings, Inc. and changed its name to Xtreme One Entertainment, Inc. in December 2023. Xtreme One Entertainment, Inc. was incorpor… Read more
Xtreme One Entertainment, Inc. (XONI) - Net Assets
Latest net assets as of December 2023: $-1.84 Million USD
Based on the latest financial reports, Xtreme One Entertainment, Inc. (XONI) has net assets worth $-1.84 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($595.35K) and total liabilities ($2.43 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 | $-1.84 Million |
| % of Total Assets | -308.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Xtreme One Entertainment, Inc. - Net Assets Trend (2015–2023)
This chart illustrates how Xtreme One Entertainment, 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 Xtreme One Entertainment, Inc. (2015–2023)
The table below shows the annual net assets of Xtreme One Entertainment, Inc. from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.84 Million | -118.01% |
| 2022-12-31 | $-841.78K | -2.58% |
| 2021-12-31 | $-820.62K | +75.16% |
| 2020-12-31 | $-3.30 Million | -11.09% |
| 2019-12-31 | $-2.97 Million | -4.82% |
| 2018-12-31 | $-2.84 Million | -4.95% |
| 2017-12-31 | $-2.70 Million | +10.61% |
| 2016-12-31 | $-3.02 Million | -9.83% |
| 2015-12-31 | $-2.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xtreme One Entertainment, 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 grown by 50962200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $132.07K | % |
| Other Comprehensive Income | $-132.07K | % |
| Other Components | $8.13 Million | % |
| Total Equity | $-1.84 Million | 100.00% |
Xtreme One Entertainment, Inc. Competitors by Market Cap
The table below lists competitors of Xtreme One Entertainment, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CUSTODIAN INVESTMENT PLC
XNSA:CUSTODIAN
|
$477.55 |
|
Good2Go4 Corp.
V:GFOR-P
|
$477.60 |
|
PXP Energy Corp
PSE:PXP
|
$477.62 |
|
SocialPlay USA Inc
PINK:SPLY
|
$478.80 |
|
IDT INTL
MU:IIN
|
$477.14 |
|
Santeon Group Inc
PINK:SANT
|
$476.80 |
|
Werth Holz SA
WAR:WHH
|
$476.62 |
|
Bionoid Pharma Inc
PINK:BINP
|
$476.50 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xtreme One Entertainment, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -841,781 to -1,835,183, a change of -993,402.
- Net loss of 1,402,171 reduced equity.
- Other comprehensive income decreased equity by 7,799,151.
- Other factors increased equity by 8,207,920.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.40 Million | -76.4% |
| Other Comprehensive Income | $-7.80 Million | -424.98% |
| Other Changes | $8.21 Million | +447.25% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Xtreme One Entertainment, 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 |
|---|---|---|---|
| 2015-12-31 | $-0.03 | $0.05 | x |
| 2016-12-31 | $-0.03 | $0.05 | x |
| 2017-12-31 | $-0.03 | $0.05 | x |
| 2018-12-31 | $-0.03 | $0.05 | x |
| 2019-12-31 | $-0.03 | $0.05 | x |
| 2020-12-31 | $-0.03 | $0.05 | x |
| 2021-12-31 | $-0.01 | $0.05 | x |
| 2022-12-31 | $-0.01 | $0.05 | x |
| 2023-12-31 | $-0.02 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xtreme One Entertainment, 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: -3115.94%
- • Asset Turnover: 0.08x
- • 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 |
|---|---|---|---|---|---|
| 2015 | 0.00% | 515.58% | 0.13x | 0.00x | $472.45K |
| 2016 | 0.00% | -116.66% | 0.44x | 0.00x | $31.81K |
| 2017 | 0.00% | 25.91% | 0.70x | 0.00x | $591.18K |
| 2018 | 0.00% | -15.70% | 0.34x | 0.00x | $149.95K |
| 2019 | 0.00% | -25.90% | 0.30x | 0.00x | $35.55K |
| 2020 | 0.00% | -32.63% | 0.23x | 0.00x | $466.40 |
| 2021 | 0.00% | 389.44% | 21.25x | 0.00x | $2.57 Million |
| 2022 | 0.00% | -35.27% | 0.67x | 0.00x | $63.02K |
| 2023 | 0.00% | -3115.94% | 0.08x | 0.00x | $-1.22 Million |
Industry Comparison
This section compares Xtreme One Entertainment, Inc.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xtreme One Entertainment, Inc. (XONI) | $-1.84 Million | 0.00% | N/A | $477.20 |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |