Tower One Wireless Corp
Tower One Wireless Corp. owns, develops, and operates build-to-suit multitenant communications towers in Argentina, Colombia, Mexico, the United States, and internationally. It primarily engages in the leasing of space on communications sites to mobile network operators. The company also provides tower-related services, including site acquisition, zoning and permitting, structural analysis, and c… Read more
Tower One Wireless Corp (1P3N) - Net Assets
Latest net assets as of September 2022: €-8.94 Million EUR
Based on the latest financial reports, Tower One Wireless Corp (1P3N) has net assets worth €-8.94 Million EUR as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€41.49 Million) and total liabilities (€50.43 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 | €-8.94 Million |
| % of Total Assets | -21.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | -712.78% |
| 10-Year Change | N/A |
| Growth Volatility | 2240.2 |
Tower One Wireless Corp - Net Assets Trend (2016–2021)
This chart illustrates how Tower One Wireless 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 Tower One Wireless Corp (2016–2021)
The table below shows the annual net assets of Tower One Wireless Corp from 2016 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | €-14.80 Million | -29.31% |
| 2020-12-31 | €-11.44 Million | -37.84% |
| 2019-12-31 | €-8.30 Million | -4764.32% |
| 2018-12-31 | €177.99K | -92.63% |
| 2017-12-31 | €2.41 Million | +64.45% |
| 2016-12-31 | €1.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tower One Wireless 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 3193422400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €20.27 Million | % |
| Total Equity | €-11.97 Million | 100.00% |
Tower One Wireless Corp Competitors by Market Cap
The table below lists competitors of Tower One Wireless Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tokyo Plast International Limited
NSE:TOKYOPLAST
|
$1.64 Million |
|
TechCom Inc
PINK:TCRI
|
$1.64 Million |
|
PFEIFFER VACU TECH - Dusseldorf Stock Exchang
DU:PFV
|
$1.64 Million |
|
AURUBIS (NDA.SG)
STU:NDA
|
$1.64 Million |
|
Inca Minerals Ltd
AU:ICG
|
$1.64 Million |
|
Sirona Biochem Corp
PINK:SRBCF
|
$1.63 Million |
|
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
|
$1.63 Million |
|
Kula Gold Ltd
AU:KGD
|
$1.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tower One Wireless Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -6,911,132 to -11,972,386, a change of -5,061,254.
- Net loss of 4,185,480 reduced equity.
- New share issuances of 6,066 increased equity.
- Other factors decreased equity by 881,840.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.19 Million | -34.96% |
| Share Issuances | €6.07K | +0.05% |
| Other Changes | €-881.84K | -7.37% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Tower One Wireless 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.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.03 | €0.03 | x |
| 2018-12-31 | €0.00 | €0.03 | x |
| 2019-12-31 | €-0.05 | €0.03 | x |
| 2020-12-31 | €-0.07 | €0.03 | x |
| 2021-12-31 | €-0.10 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tower One Wireless 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: -39.16%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-76.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -30.80% | 0.00% | 0.00x | 1.10x | €-599.14K |
| 2017 | -430.38% | -4779.87% | 0.04x | 2.38x | €-9.81 Million |
| 2018 | 0.00% | -571.26% | 0.12x | 0.00x | €-8.87 Million |
| 2019 | 0.00% | -91.94% | 0.34x | 0.00x | €-4.48 Million |
| 2020 | 0.00% | -25.91% | 0.82x | 0.00x | €-1.67 Million |
| 2021 | 0.00% | -39.16% | 0.49x | 0.00x | €-2.99 Million |
Industry Comparison
This section compares Tower One Wireless Corp's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $7,365,509,667
- Average return on equity (ROE) among peers: 11.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tower One Wireless Corp (1P3N) | €-8.94 Million | -30.80% | N/A | $1.64 Million |
| 1&1 AG (1U1) | $233.67 Million | 0.00% | 0.65x | $515.31 Million |
| Bahnhof AB (publ) (3B7) | $468.65 Million | 32.08% | 1.27x | $113.53 Million |
| Liberty Global Ltd. (3O41) | $25.60 Billion | 52.45% | 0.83x | $2.82 Billion |
| Hutchison Telecommunications Hong Kong Holdings Limited (4C6) | $11.96 Billion | 3.59% | 0.21x | $224.90 Million |
| 53N (53N) | $784.29 Million | 10.78% | 3.30x | $937.43 Million |
| BLUE LABEL (5TP) | $5.11 Billion | 12.66% | 1.96x | $374.98 Million |
| Pentanet Limited (83K) | $31.16 Million | -24.29% | 0.54x | $3.44 Million |
| APT Satellite Holdings Limited (AY8) | $5.30 Billion | 9.52% | 0.38x | $137.02 Million |
| TELUS (BCZ) | $16.80 Billion | 5.91% | 2.45x | $17.77 Billion |