"Clip Money Inc."
Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in North America. It offers ClipDrop Platform, an end-to-end system that includes user registration, location services, compliance and know your business (KYB), bar code and RFID tracking of deposit bags, and secure processing of deposits through ACH payment processing; Clip… Read more
"Clip Money Inc." (CLIP) - Net Assets
Latest net assets as of September 2025: CA$-14.23 Million CAD
Based on the latest financial reports, "Clip Money Inc." (CLIP) has net assets worth CA$-14.23 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$9.78 Million) and total liabilities (CA$24.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-14.23 Million |
| % of Total Assets | -145.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3667.01 |
"Clip Money Inc." - Net Assets Trend (2021–2024)
This chart illustrates how "Clip Money 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 "Clip Money Inc." (2021–2024)
The table below shows the annual net assets of "Clip Money Inc." from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-7.94 Million | -1035.63% |
| 2023-12-31 | CA$848.19K | -69.62% |
| 2022-12-31 | CA$2.79 Million | +7181.17% |
| 2021-12-31 | CA$38.34K | -- |
Equity Component Analysis
This analysis shows how different components contribute to "Clip Money 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 2883119500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.75 Million | % |
| Total Equity | CA$-7.94 Million | 100.00% |
"Clip Money Inc." Competitors by Market Cap
The table below lists competitors of "Clip Money Inc." ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FMS Enterprises Migun Ltd
TA:FBRT
|
$6.04 Million |
|
SUBSTRATE ART.INTEL. -10
F:U8S
|
$6.04 Million |
|
ZAUIF
PINK:ZAUIF
|
$6.04 Million |
|
Chiangmai Frozen Foods Public Company Limited
BK:CM
|
$6.04 Million |
|
KD Chem Co. Ltd
KQ:221980
|
$6.04 Million |
|
TC Traders Club Ltda
SA:TRAD3
|
$6.03 Million |
|
Personal Assets Trust plc
LSE:PNL
|
$6.03 Million |
|
The Grounds Real Estate Development AG
XETRA:AMM
|
$6.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in "Clip Money Inc."'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 848,187 to -7,935,907, a change of -8,784,094 (-1035.6%).
- Net loss of 9,338,779 reduced equity.
- Other factors increased equity by 554,685.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.34 Million | -117.68% |
| Other Changes | CA$554.68K | +6.99% |
| Total Change | CA$- | -1035.63% |
Book Value vs Market Value Analysis
This analysis compares "Clip Money 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 |
|---|---|---|---|
| 2021-12-31 | CA$0.00 | CA$0.19 | x |
| 2022-12-31 | CA$0.04 | CA$0.19 | x |
| 2023-12-31 | CA$0.01 | CA$0.19 | x |
| 2024-12-31 | CA$-0.08 | CA$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently "Clip Money Inc." utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -395.66%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3997.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -14323.95% | -226565.43% | 0.03x | 1.84x | CA$-5.50 Million |
| 2022 | -566.14% | -43867.89% | 0.00x | 4.78x | CA$-16.08 Million |
| 2023 | -1098.41% | -1612.09% | 0.04x | 16.34x | CA$-9.40 Million |
| 2024 | 0.00% | -395.66% | 0.25x | 0.00x | CA$-8.55 Million |
Industry Comparison
This section compares "Clip Money Inc."'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $-4,109,562
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| "Clip Money Inc." (CLIP) | CA$-14.23 Million | -14323.95% | N/A | $6.04 Million |
| CyberCatch Holdings Inc. (CYBE) | $-2.72 Million | 0.00% | 0.00x | $20.12 Million |
| The FUTR Corporation (FTRC) | $-7.87 Million | 0.00% | 0.00x | $15.90 Million |
| MiMedia Holdings Inc. (MIM) | $-2.83 Million | 0.00% | 0.00x | $13.38 Million |
| Turnium Technology Group Inc. (TTGI) | $-3.01 Million | 0.00% | 0.00x | $7.03 Million |