Zevotek Inc
Zevotek, Inc., a development stage company, focuses on developing, manufacturing, marketing, selling, and distributing plumbing valves that reduce water use in the home. The company intends to offer Gung H2O, a patented plumbing valve that is installed in the traditional gravity toilet tank of a non-low flow toilet to regulate the amount of water used to fill and flush a toilet. It also develops … Read more
Zevotek Inc (ZVTK) - Net Assets
Latest net assets as of March 2021: $-2.24 Million USD
Based on the latest financial reports, Zevotek Inc (ZVTK) has net assets worth $-2.24 Million USD as of March 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($255.76K) and total liabilities ($2.50 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 | $-2.24 Million |
| % of Total Assets | -876.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Zevotek Inc - Net Assets Trend (2006–2020)
This chart illustrates how Zevotek 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 Zevotek Inc (2006–2020)
The table below shows the annual net assets of Zevotek Inc from 2006 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-06-30 | $-2.24 Million | +6.67% |
| 2019-06-30 | $-2.40 Million | +20.94% |
| 2018-06-30 | $-3.03 Million | -2.64% |
| 2017-06-30 | $-2.95 Million | -2.94% |
| 2016-06-30 | $-2.87 Million | -15.92% |
| 2012-06-30 | $-2.47 Million | -129.71% |
| 2011-06-30 | $-1.08 Million | +25.94% |
| 2010-06-30 | $-1.45 Million | -2.60% |
| 2009-06-30 | $-1.42 Million | -8.13% |
| 2008-06-30 | $-1.31 Million | -171.07% |
| 2007-06-30 | $-483.57K | -264.50% |
| 2006-06-30 | $293.97K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zevotek 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 852925000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $773.28K | % |
| Other Comprehensive Income | $206.90K | % |
| Other Components | $5.77 Million | % |
| Total Equity | $-2.24 Million | 100.00% |
Zevotek Inc Competitors by Market Cap
The table below lists competitors of Zevotek Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Icon Media Holdings Inc
PINK:ICNM
|
$1.88 |
|
HAZ Holdings Inc
PINK:HAZH
|
$1.89 |
|
Tarsier Ltd
PINK:TAER
|
$1.89 |
|
Body Basics Inc
PINK:ZCBD
|
$1.89 |
|
Xinliwang International Holdings Company Ltd
PINK:XLWH
|
$1.88 |
|
Silverton Adventures
PINK:SVAD
|
$1.88 |
|
Crown Cap Ventures Ltd
PINK:CCVL
|
$1.87 |
|
MHHC Enterprises Inc
OTCQB:MHHC
|
$1.87 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zevotek Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -2,395,521 to -2,235,787, a change of 159,734.
- Net loss of 37,035 reduced equity.
- Other comprehensive income increased equity by 977,419.
- Other factors decreased equity by 780,650.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-37.03K | -1.66% |
| Other Comprehensive Income | $977.42K | +43.72% |
| Other Changes | $-780.65K | -34.92% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Zevotek 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 |
|---|---|---|---|
| 2006-06-30 | $8165.78 | $0.00 | x |
| 2007-06-30 | $-13432.42 | $0.00 | x |
| 2008-06-30 | $-36410.97 | $0.00 | x |
| 2009-06-30 | $-805.36 | $0.00 | x |
| 2010-06-30 | $-83.59 | $0.00 | x |
| 2011-06-30 | $-11.45 | $0.00 | x |
| 2012-06-30 | $-8.17 | $0.00 | x |
| 2016-06-30 | $-8.55 | $0.00 | x |
| 2017-06-30 | $-8.80 | $0.00 | x |
| 2018-06-30 | $-9.03 | $0.00 | x |
| 2019-06-30 | $-0.15 | $0.00 | x |
| 2020-06-30 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zevotek 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: -308.62%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -154.48% | -775.10% | 0.18x | 1.13x | $-483.53K |
| 2007 | 0.00% | -97.41% | 61.18x | 0.00x | $-802.87K |
| 2008 | 0.00% | -749.93% | 7.36x | 0.00x | $-1.92 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-331.83K |
| 2010 | 0.00% | -763.64% | 0.62x | 0.00x | $-1.27 Million |
| 2011 | 0.00% | -8774.18% | 0.11x | 0.00x | $-1.26 Million |
| 2012 | 0.00% | -30285.52% | 34.74x | 0.00x | $-2.18 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $212.44K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $220.87K |
| 2018 | 0.00% | -1146.98% | 0.27x | 0.00x | $234.18K |
| 2019 | 0.00% | -367.09% | 0.02x | 0.00x | $195.50K |
| 2020 | 0.00% | -308.63% | 0.02x | 0.00x | $186.54K |
Industry Comparison
This section compares Zevotek Inc's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zevotek Inc (ZVTK) | $-2.24 Million | -154.48% | N/A | $1.88 |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |