Glassbox Ltd
Glassbox Ltd provides software-based services for the purpose of analyzing browsing data in digital channels worldwide. The company offers suite of digital experience intelligence tools, such as mobile app analytic, customer journey analysis, session replay, interaction map, funnel analysis, performance analytic, struggle and error analysis, product analytics, voice of customer, and digital recor… Read more
Glassbox Ltd (GLBX) - Net Assets
Latest net assets as of June 2024: ILA19.96 Million ILA
Based on the latest financial reports, Glassbox Ltd (GLBX) has net assets worth ILA19.96 Million ILA as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA50.04 Million) and total liabilities (ILA30.08 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 | ILA19.96 Million |
| % of Total Assets | 39.88% |
| Annual Growth Rate | 26.87% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 115.06 |
Glassbox Ltd - Net Assets Trend (2019–2023)
This chart illustrates how Glassbox Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Glassbox Ltd (2019–2023)
The table below shows the annual net assets of Glassbox Ltd from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ILA23.03 Million | -32.34% |
| 2022-12-31 | ILA34.04 Million | -43.25% |
| 2021-12-31 | ILA59.98 Million | +98.42% |
| 2020-12-31 | ILA30.23 Million | +240.06% |
| 2019-12-31 | ILA8.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glassbox Ltd'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 9694100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA145.19 Million | 630.31% |
| Total Equity | ILA23.03 Million | 100.00% |
Glassbox Ltd Competitors by Market Cap
The table below lists competitors of Glassbox Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Bozza Development Holdings Limited
PINK:CHBOF
|
$1.30 Million |
|
Range International Ltd
AU:RAN
|
$1.31 Million |
|
HUIJING HLDG.CO.LTD HD-01
F:3XU
|
$1.31 Million |
|
Miza III Ventures Inc
V:MIZA-P
|
$1.31 Million |
|
Shield On Service Tbk PT
JK:SOSS
|
$1.30 Million |
|
AcSiP Technology Corp.
TWO:6403
|
$1.30 Million |
|
Skinvisible Inc
OTCQB:SKVI
|
$1.30 Million |
|
OCB Bhd
KLSE:5533
|
$1.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glassbox Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 34,042,000 to 23,034,000, a change of -11,008,000 (-32.3%).
- Net loss of 16,583,000 reduced equity.
- New share issuances of 302,000 increased equity.
- Other factors increased equity by 5,273,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-16.58 Million | -71.99% |
| Share Issuances | ILA302.00K | +1.31% |
| Other Changes | ILA5.27 Million | +22.89% |
| Total Change | ILA- | -32.34% |
Book Value vs Market Value Analysis
This analysis compares Glassbox Ltd'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
- Current price-to-book ratio: 2095.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5243.59x to 2095.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA0.77 | ILA4059.00 | x |
| 2020-12-31 | ILA2.63 | ILA4059.00 | x |
| 2021-12-31 | ILA5.15 | ILA4059.00 | x |
| 2022-12-31 | ILA2.89 | ILA4059.00 | x |
| 2023-12-31 | ILA1.94 | ILA4059.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glassbox Ltd 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): -71.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.11%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 2.52x
- Recent ROE (-71.99%) is below the historical average (-4.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 156.66% | 63.34% | 0.98x | 2.53x | ILA13.04 Million |
| 2020 | 47.01% | 46.02% | 0.52x | 1.95x | ILA11.19 Million |
| 2021 | -55.07% | -89.31% | 0.52x | 1.19x | ILA-39.03 Million |
| 2022 | -98.08% | -72.50% | 0.71x | 1.90x | ILA-36.79 Million |
| 2023 | -71.99% | -34.11% | 0.84x | 2.52x | ILA-18.89 Million |
Industry Comparison
This section compares Glassbox Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $17,640,735
- Average return on equity (ROE) among peers: -26.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glassbox Ltd (GLBX) | ILA19.96 Million | 156.66% | 1.51x | $1.30 Million |
| Axilion Smart Mobility Ltd (AILN) | $7.43 Million | -40.09% | 0.13x | $33.73K |
| Cipia Vision Ltd (CPIA) | $15.88 Million | -81.63% | 0.44x | $83.15K |
| Group 107 Ltd (G107) | $-3.57 Million | 0.00% | 0.00x | $38.05K |
| Orad-M (ORAD) | $37.28 Million | 10.83% | 2.82x | $398.74K |
| Payment Financial Technologies Ltd (PMNT) | $-1.92 Million | 0.00% | 0.00x | $786.90K |
| Pomvom (PMVM) | $48.91 Million | -49.99% | 0.55x | $43.54K |
| Razor Labs Ltd (RZR) | $4.59 Million | 58.77% | 3.78x | $689.26K |
| Shamaym Improve Ltd (SHMM) | $2.05 Million | -142.28% | 1.83x | $39.55K |
| Utron Ltd (UTRN) | $48.12 Million | 2.27% | 1.01x | $284.45K |