C-Com Satellite Systems Inc. (CMI) - Net Assets
Based on the latest financial reports, C-Com Satellite Systems Inc. (CMI) has net assets worth CA$23.00 Million CAD (≈ $16.64 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$25.53 Million ≈ $18.47 Million USD) and total liabilities (CA$2.53 Million ≈ $1.83 Million USD). 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. Check CMI financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$23.00 Million |
| % of Total Assets | 90.1% |
| Annual Growth Rate | 7.0% |
| 5-Year Change | 5.41% |
| 10-Year Change | 16.39% |
| Growth Volatility | 24.68 |
C-Com Satellite Systems Inc. - Net Assets Trend (2000–2024)
This chart illustrates how C-Com Satellite Systems Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore CMI asset base for the complete picture of this company's asset base.
Annual Net Assets for C-Com Satellite Systems Inc. (2000–2024)
The table below shows the annual net assets of C-Com Satellite Systems Inc. from 2000 to 2024. For live valuation and market cap data, see C-Com Satellite Systems Inc. (CMI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$23.56 Million ≈ $17.04 Million |
-7.75% |
| 2023-11-30 | CA$25.53 Million ≈ $18.47 Million |
+1.25% |
| 2022-11-30 | CA$25.22 Million ≈ $18.24 Million |
+2.81% |
| 2021-11-30 | CA$24.53 Million ≈ $17.74 Million |
+9.76% |
| 2020-11-30 | CA$22.35 Million ≈ $16.17 Million |
+0.18% |
| 2019-11-30 | CA$22.31 Million ≈ $16.14 Million |
+9.34% |
| 2018-11-30 | CA$20.40 Million ≈ $14.76 Million |
+4.76% |
| 2017-11-30 | CA$19.48 Million ≈ $14.09 Million |
-2.31% |
| 2016-11-30 | CA$19.94 Million ≈ $14.42 Million |
-1.50% |
| 2015-11-30 | CA$20.24 Million ≈ $14.64 Million |
+0.78% |
| 2014-11-30 | CA$20.08 Million ≈ $14.53 Million |
+9.75% |
| 2013-11-30 | CA$18.30 Million ≈ $13.24 Million |
+19.39% |
| 2012-11-30 | CA$15.33 Million ≈ $11.09 Million |
+13.93% |
| 2011-11-30 | CA$13.45 Million ≈ $9.73 Million |
+37.27% |
| 2010-11-30 | CA$9.80 Million ≈ $7.09 Million |
+16.16% |
| 2009-11-30 | CA$8.44 Million ≈ $6.10 Million |
+22.36% |
| 2008-11-30 | CA$6.90 Million ≈ $4.99 Million |
+68.13% |
| 2007-11-30 | CA$4.10 Million ≈ $2.97 Million |
+54.50% |
| 2006-11-30 | CA$2.65 Million ≈ $1.92 Million |
+20.82% |
| 2005-11-30 | CA$2.20 Million ≈ $1.59 Million |
+38.79% |
| 2004-11-30 | CA$1.58 Million ≈ $1.15 Million |
+16.15% |
| 2003-11-30 | CA$1.36 Million ≈ $986.07K |
-0.73% |
| 2002-11-30 | CA$1.37 Million ≈ $993.35K |
-45.85% |
| 2001-11-30 | CA$2.54 Million ≈ $1.83 Million |
-45.39% |
| 2000-11-30 | CA$4.64 Million ≈ $3.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to C-Com Satellite Systems 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 grown by 581951300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$4.56 Million | 19.37% |
| Other Components | CA$18.99 Million | 80.63% |
| Total Equity | CA$23.56 Million | 100.00% |
C-Com Satellite Systems Inc. Competitors by Market Cap
The table below lists competitors of C-Com Satellite Systems Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mauna Kea Technologies SAS
PA:ALMKT
|
$28.43 Million |
|
Kincora Copper Ltd
AU:KCC
|
$28.44 Million |
|
ContextVision AB
OL:CONTX
|
$28.45 Million |
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$28.46 Million |
|
Okong Corporation
KQ:045060
|
$28.42 Million |
|
TOUAX
PA:ALTOU
|
$28.40 Million |
|
Desoto Resources Ltd
AU:DES
|
$28.40 Million |
|
Connexa Sports Technologies Inc.
NASDAQ:YYAI
|
$28.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C-Com Satellite Systems Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,534,439 to 23,556,337, a change of -1,978,102 (-7.7%).
- Net loss of 211,475 reduced equity.
- Dividend payments of 2,111,824 reduced retained earnings.
- Other factors increased equity by 345,197.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-211.47K | -0.9% |
| Dividends Paid | CA$2.11 Million | -8.96% |
| Other Changes | CA$345.20K | +1.47% |
| Total Change | CA$- | -7.75% |
Book Value vs Market Value Analysis
This analysis compares C-Com Satellite Systems 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: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.32x to 1.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-11-30 | CA$0.17 | CA$0.93 | x |
| 2001-11-30 | CA$0.08 | CA$0.93 | x |
| 2002-11-30 | CA$0.05 | CA$0.93 | x |
| 2003-11-30 | CA$0.05 | CA$0.93 | x |
| 2004-11-30 | CA$0.05 | CA$0.93 | x |
| 2005-11-30 | CA$0.07 | CA$0.93 | x |
| 2006-11-30 | CA$0.08 | CA$0.93 | x |
| 2007-11-30 | CA$0.12 | CA$0.93 | x |
| 2008-11-30 | CA$0.21 | CA$0.93 | x |
| 2009-11-30 | CA$0.25 | CA$0.93 | x |
| 2010-11-30 | CA$0.29 | CA$0.93 | x |
| 2011-11-30 | CA$0.39 | CA$0.93 | x |
| 2012-11-30 | CA$0.44 | CA$0.93 | x |
| 2013-11-30 | CA$0.51 | CA$0.93 | x |
| 2014-11-30 | CA$0.54 | CA$0.93 | x |
| 2015-11-30 | CA$0.55 | CA$0.93 | x |
| 2016-11-30 | CA$0.54 | CA$0.93 | x |
| 2017-11-30 | CA$0.53 | CA$0.93 | x |
| 2018-11-30 | CA$0.55 | CA$0.93 | x |
| 2019-11-30 | CA$0.57 | CA$0.93 | x |
| 2020-11-30 | CA$0.58 | CA$0.93 | x |
| 2021-11-30 | CA$0.58 | CA$0.93 | x |
| 2022-11-30 | CA$0.60 | CA$0.93 | x |
| 2023-11-30 | CA$0.61 | CA$0.93 | x |
| 2024-11-30 | CA$0.56 | CA$0.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C-Com Satellite Systems Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.68%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.13x
- Recent ROE (-0.90%) is below the historical average (3.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -13.12% | -129.08% | 0.10x | 1.02x | CA$-1.07 Million |
| 2001 | -83.12% | -232.40% | 0.31x | 1.15x | CA$-2.36 Million |
| 2002 | -88.62% | -43.01% | 1.40x | 1.47x | CA$-1.35 Million |
| 2003 | -6.24% | -2.12% | 2.27x | 1.30x | CA$-221.40K |
| 2004 | -1.26% | -0.41% | 2.42x | 1.28x | CA$-178.32K |
| 2005 | 20.50% | 7.50% | 2.01x | 1.36x | CA$230.64K |
| 2006 | 11.45% | 4.74% | 1.97x | 1.23x | CA$38.37K |
| 2007 | 32.25% | 18.00% | 1.44x | 1.25x | CA$912.76K |
| 2008 | 36.14% | 27.67% | 1.13x | 1.15x | CA$1.80 Million |
| 2009 | 15.59% | 14.36% | 0.99x | 1.10x | CA$471.32K |
| 2010 | 18.83% | 17.62% | 0.84x | 1.27x | CA$865.92K |
| 2011 | 28.07% | 19.73% | 1.24x | 1.15x | CA$2.43 Million |
| 2012 | 17.39% | 19.91% | 0.81x | 1.08x | CA$1.13 Million |
| 2013 | 18.98% | 22.30% | 0.80x | 1.07x | CA$1.64 Million |
| 2014 | 13.97% | 21.24% | 0.63x | 1.04x | CA$796.72K |
| 2015 | 7.89% | 15.39% | 0.50x | 1.03x | CA$-427.30K |
| 2016 | 5.12% | 11.01% | 0.44x | 1.06x | CA$-973.33K |
| 2017 | 5.32% | 10.07% | 0.49x | 1.07x | CA$-911.78K |
| 2018 | 11.27% | 17.00% | 0.61x | 1.08x | CA$259.30K |
| 2019 | 12.74% | 20.34% | 0.60x | 1.04x | CA$612.33K |
| 2020 | -0.42% | -1.46% | 0.28x | 1.05x | CA$-2.33 Million |
| 2021 | 5.80% | 15.55% | 0.35x | 1.07x | CA$-1.03 Million |
| 2022 | 4.52% | 9.79% | 0.43x | 1.07x | CA$-1.38 Million |
| 2023 | 6.55% | 20.17% | 0.31x | 1.04x | CA$-880.54K |
| 2024 | -0.90% | -2.68% | 0.30x | 1.13x | CA$-2.57 Million |
Industry Comparison
This section compares C-Com Satellite Systems Inc.'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $183,325,746
- Average return on equity (ROE) among peers: -64.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C-Com Satellite Systems Inc. (CMI) | CA$23.00 Million | -13.12% | 0.11x | $28.43 Million |
| Bewhere Holdings Inc (BEW) | $6.78 Million | 15.47% | 0.06x | $51.67 Million |
| Baylin Technologies Inc (BYL) | $48.86 Million | -34.64% | 1.73x | $28.71 Million |
| Enablence Technologies Inc (ENA) | $-39.74 Million | 0.00% | 0.00x | $57.16 Million |
| Evertz Technologies Limited (ET) | $270.31 Million | 37.26% | 0.17x | $882.95 Million |
| Ironman International Ltd. (IMI) | $-169.76K | 0.00% | 0.00x | $12.49 Million |
| Lite Access Technologies Inc (LTE) | $598.15K | -487.38% | 5.03x | $6.31 Million |
| Novra Technologies Inc (NVI) | $806.13K | -98.70% | 9.01x | $2.66 Million |
| Quarterhill Inc (QTRH) | $269.50 Million | -7.15% | 0.33x | $111.23 Million |
| Telesat Corp (TSAT) | $1.09 Billion | -8.32% | 4.38x | $701.13 Million |
About C-Com Satellite Systems Inc.
C-Com Satellite Systems Inc. designs, develops, manufactures, and sells transportable and mobile satellite-based antenna systems in Canada, Indonesia, Brazil, the United States, Bangladesh, Kazakhstan, and internationally. It offers driveaway, flyaway, manpack, and fixed motorized antennas under the iNetVu brand name. The company provides controllers and accessories; KA-band phasedarray antennas;… Read more