EcoSynthetix Inc (ECO) - Net Assets
Based on the latest financial reports, EcoSynthetix Inc (ECO) has net assets worth CA$38.53 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$43.19 Million) and total liabilities (CA$4.66 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 | CA$38.53 Million |
| % of Total Assets | 89.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | -20.47% |
| 10-Year Change | -45.48% |
| Growth Volatility | 3.92 |
EcoSynthetix Inc - Net Assets Trend (2010–2024)
This chart illustrates how EcoSynthetix 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 EcoSynthetix Inc (2010–2024)
The table below shows the annual net assets of EcoSynthetix Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$39.35 Million | -3.96% |
| 2023-12-31 | CA$40.97 Million | -9.07% |
| 2022-12-31 | CA$45.06 Million | -5.74% |
| 2021-12-31 | CA$47.80 Million | -3.38% |
| 2020-12-31 | CA$49.47 Million | -5.18% |
| 2019-12-31 | CA$52.17 Million | -3.57% |
| 2018-12-31 | CA$54.10 Million | -7.36% |
| 2017-12-31 | CA$58.40 Million | -8.41% |
| 2016-12-31 | CA$63.76 Million | -11.65% |
| 2015-12-31 | CA$72.16 Million | -15.62% |
| 2014-12-31 | CA$85.53 Million | -14.61% |
| 2013-12-31 | CA$100.16 Million | -11.80% |
| 2012-12-31 | CA$113.56 Million | -8.80% |
| 2011-12-31 | CA$124.52 Million | +225.67% |
| 2010-12-31 | CA$-99.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EcoSynthetix 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 33971551300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$489.25 Million | 1243.45% |
| Other Components | CA$11.01 Million | 27.99% |
| Total Equity | CA$39.35 Million | 100.00% |
EcoSynthetix Inc Competitors by Market Cap
The table below lists competitors of EcoSynthetix Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K2 Gold Corporation
V:KTO
|
$140.70 Million |
|
IFGL Refractories Limited
NSE:IFGLEXPOR
|
$140.75 Million |
|
Pollux Investasi Internasional Tbk PT
JK:POLI
|
$140.78 Million |
|
Alldigi Tech Limited
NSE:ALLDIGI
|
$140.83 Million |
|
Thai Kin Co. Ltd
TWO:6629
|
$140.64 Million |
|
Seoyon Co Ltd
KO:007860
|
$140.63 Million |
|
Military Insurance Corp
VN:MIG
|
$140.61 Million |
|
De Licacy Industrial Co Ltd
TW:1464
|
$140.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EcoSynthetix Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,969,895 to 39,345,990, a change of -1,623,905 (-4.0%).
- Net loss of 1,366,926 reduced equity.
- Share repurchases of 2,175,924 reduced equity.
- Other factors increased equity by 1,918,945.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.37 Million | -3.47% |
| Share Repurchases | CA$2.18 Million | -5.53% |
| Other Changes | CA$1.92 Million | +4.88% |
| Total Change | CA$- | -3.96% |
Book Value vs Market Value Analysis
This analysis compares EcoSynthetix 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
- Current price-to-book ratio: 4.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | CA$-124.43 | CA$3.32 | x |
| 2011-12-31 | CA$5.38 | CA$3.32 | x |
| 2012-12-31 | CA$2.05 | CA$3.32 | x |
| 2013-12-31 | CA$1.78 | CA$3.32 | x |
| 2014-12-31 | CA$1.51 | CA$3.32 | x |
| 2015-12-31 | CA$1.24 | CA$3.32 | x |
| 2016-12-31 | CA$1.08 | CA$3.32 | x |
| 2017-12-31 | CA$0.98 | CA$3.32 | x |
| 2018-12-31 | CA$0.91 | CA$3.32 | x |
| 2019-12-31 | CA$0.89 | CA$3.32 | x |
| 2020-12-31 | CA$0.86 | CA$3.32 | x |
| 2021-12-31 | CA$0.83 | CA$3.32 | x |
| 2022-12-31 | CA$0.76 | CA$3.32 | x |
| 2023-12-31 | CA$0.70 | CA$3.32 | x |
| 2024-12-31 | CA$0.67 | CA$3.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EcoSynthetix Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.37%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.05x
- Recent ROE (-3.47%) is above the historical average (-21.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -309.80% | 0.37x | 0.00x | CA$-39.29 Million |
| 2011 | -202.95% | -1216.71% | 0.16x | 1.05x | CA$-265.16 Million |
| 2012 | -10.07% | -58.46% | 0.17x | 1.04x | CA$-22.79 Million |
| 2013 | -14.74% | -66.42% | 0.21x | 1.04x | CA$-24.78 Million |
| 2014 | -16.97% | -77.03% | 0.22x | 1.02x | CA$-23.07 Million |
| 2015 | -19.98% | -98.89% | 0.20x | 1.04x | CA$-21.64 Million |
| 2016 | -14.59% | -70.08% | 0.20x | 1.05x | CA$-15.68 Million |
| 2017 | -11.03% | -36.02% | 0.29x | 1.05x | CA$-12.28 Million |
| 2018 | -4.68% | -11.10% | 0.40x | 1.04x | CA$-7.94 Million |
| 2019 | -0.66% | -1.87% | 0.34x | 1.05x | CA$-5.56 Million |
| 2020 | -3.63% | -13.15% | 0.26x | 1.05x | CA$-6.74 Million |
| 2021 | -6.52% | -17.16% | 0.36x | 1.07x | CA$-7.90 Million |
| 2022 | -2.93% | -6.93% | 0.39x | 1.07x | CA$-5.82 Million |
| 2023 | -6.89% | -22.28% | 0.30x | 1.05x | CA$-6.92 Million |
| 2024 | -3.47% | -7.37% | 0.45x | 1.05x | CA$-5.30 Million |
Industry Comparison
This section compares EcoSynthetix Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $59,483,734
- Average return on equity (ROE) among peers: 2.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EcoSynthetix Inc (ECO) | CA$38.53 Million | 0.00% | 0.12x | $140.64 Million |
| Aimia Inc (AIM) | $115.50 Million | -57.40% | 38.03x | $178.00 Million |
| AirBoss of America Corp. (BOS) | $4.99 Million | -7.14% | 0.14x | $135.20 Million |
| California Nanotechnologies Corp (CNO) | $145.97K | 261.47% | 15.15x | $9.00 Million |
| G6 Materials Corp (GGG) | $538.21K | -49.55% | 0.01x | $498.81K |
| Graphene Manufacturing Group Ltd (GMG) | $8.69 Million | -107.23% | 0.84x | $131.90 Million |
| International Parkside Products Inc (IPD) | $1.04 Million | -15.45% | 1.12x | $597.08K |
| International Zeolite Corp (IZ) | $-1.73 Million | 0.00% | 0.00x | $306.77K |
| Nano One Materials Corp (NANO) | $1.30 Million | 2.99% | 0.03x | $83.98 Million |
| Neo Performance Materials Inc (NEO) | $404.88 Million | -3.20% | 0.61x | $713.48 Million |
About EcoSynthetix Inc
EcoSynthetix Inc., a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based chemicals, and other related products in the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company offers EcoMer biomonomer for use in pressure sensitive adhesives, ink, toner resins, and paints; EcoSphere… Read more