Deveron UAS Corp (FARM) - Net Assets
Based on the latest financial reports, Deveron UAS Corp (FARM) has net assets worth CA$-19.09 Million CAD (≈ $-13.81 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$50.96 Million ≈ $36.87 Million USD) and total liabilities (CA$70.05 Million ≈ $50.67 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FARM tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-19.09 Million |
| % of Total Assets | -37.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | -672.07% |
| 10-Year Change | -12878.05% |
| Growth Volatility | 211.34 |
Deveron UAS Corp - Net Assets Trend (2011–2023)
This chart illustrates how Deveron UAS Corp's net assets have evolved over time, based on quarterly financial data. See Deveron UAS Corp (FARM) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Deveron UAS Corp (2011–2023)
The table below shows the annual net assets of Deveron UAS Corp from 2011 to 2023. For live valuation and market cap data, see Deveron UAS Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-17.84 Million ≈ $-12.91 Million |
-140.55% |
| 2022-12-31 | CA$44.00 Million ≈ $31.83 Million |
+169.77% |
| 2021-12-31 | CA$16.31 Million ≈ $11.80 Million |
+97.49% |
| 2020-12-31 | CA$8.26 Million ≈ $5.97 Million |
+164.79% |
| 2019-12-31 | CA$3.12 Million ≈ $2.26 Million |
-30.47% |
| 2018-12-31 | CA$4.49 Million ≈ $3.25 Million |
+174.43% |
| 2017-12-31 | CA$1.63 Million ≈ $1.18 Million |
+221.95% |
| 2016-12-31 | CA$507.76K ≈ $367.31K |
+178.53% |
| 2015-12-31 | CA$-646.54K ≈ $-467.70K |
-563.01% |
| 2014-12-31 | CA$139.64K ≈ $101.01K |
-47.91% |
| 2013-12-31 | CA$268.09K ≈ $193.93K |
-48.93% |
| 2012-12-31 | CA$524.93K ≈ $379.73K |
+64.42% |
| 2011-12-31 | CA$319.27K ≈ $230.95K |
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Equity Component Analysis
This analysis shows how different components contribute to Deveron UAS 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 8419734700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$40.80 Million | % |
| Total Equity | CA$-43.56 Million | 100.00% |
Deveron UAS Corp Competitors by Market Cap
The table below lists competitors of Deveron UAS Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oscar Mitra Sukses Sejahtera Tbk PT
JK:OLIV
|
$6.01 Million |
|
Ladangbaja Murni PT Tbk
JK:LABA
|
$6.01 Million |
|
Duta Pertiwi Nusantara Tbk
JK:DPNS
|
$6.01 Million |
|
INDUSTRIAL MINERALS LTD
F:9ED
|
$6.02 Million |
|
CPPGroup Plc
F:4CV1
|
$6.01 Million |
|
E79 Gold Mines Ltd
AU:E79
|
$6.00 Million |
|
FATHOM NICKEL INC.
F:6Q5
|
$6.00 Million |
|
IMPIANTI S.P.A.
F:F67
|
$5.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Deveron UAS Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 19,286,122 to -43,562,480, a change of -62,848,602 (-325.9%).
- Net loss of 57,481,145 reduced equity.
- Other comprehensive income increased equity by 4,973,792.
- Other factors decreased equity by 10,341,249.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-57.48 Million | -131.95% |
| Other Comprehensive Income | CA$4.97 Million | +11.42% |
| Other Changes | CA$-10.34 Million | -23.74% |
| Total Change | CA$- | -325.87% |
Book Value vs Market Value Analysis
This analysis compares Deveron UAS 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 |
|---|---|---|---|
| 2012-12-31 | CA$0.06 | CA$0.04 | x |
| 2013-12-31 | CA$0.02 | CA$0.04 | x |
| 2014-12-31 | CA$0.01 | CA$0.04 | x |
| 2015-12-31 | CA$-0.05 | CA$0.04 | x |
| 2016-12-31 | CA$0.03 | CA$0.04 | x |
| 2017-12-31 | CA$0.07 | CA$0.04 | x |
| 2018-12-31 | CA$0.13 | CA$0.04 | x |
| 2019-12-31 | CA$0.08 | CA$0.04 | x |
| 2020-12-31 | CA$0.17 | CA$0.04 | x |
| 2021-12-31 | CA$0.19 | CA$0.04 | x |
| 2022-12-31 | CA$0.17 | CA$0.04 | x |
| 2023-12-31 | CA$-0.27 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Deveron UAS Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -162.76%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-63.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -168.55% | 0.00% | 0.00x | 1.12x | CA$-937.24K |
| 2013 | -106.60% | 0.00% | 0.00x | 2.62x | CA$-312.58K |
| 2014 | -93.40% | 0.00% | 0.00x | 5.71x | CA$-144.38K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-728.67K |
| 2016 | -102.76% | -1177.89% | 0.04x | 2.09x | CA$-572.55K |
| 2017 | -97.00% | -758.65% | 0.09x | 1.41x | CA$-1.75 Million |
| 2018 | -32.98% | -295.51% | 0.10x | 1.09x | CA$-1.93 Million |
| 2019 | -62.11% | -94.26% | 0.53x | 1.24x | CA$-2.25 Million |
| 2020 | -21.33% | -61.39% | 0.31x | 1.13x | CA$-2.59 Million |
| 2021 | -35.27% | -60.21% | 0.38x | 1.55x | CA$-6.64 Million |
| 2022 | -47.11% | -31.41% | 0.25x | 6.05x | CA$-11.01 Million |
| 2023 | 0.00% | -162.76% | 0.62x | 0.00x | CA$-53.12 Million |
Industry Comparison
This section compares Deveron UAS Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $932,510,484
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Deveron UAS Corp (FARM) | CA$-19.09 Million | -168.55% | N/A | $6.01 Million |
| Alithya Group inc Class A (ALYA) | $32.03 Million | -22.56% | 2.62x | $63.40 Million |
| Banxa Holdings Inc (BNXA) | $-2.21 Million | 0.00% | 0.00x | $50.95 Million |
| Datametrex AI Ltd (DM) | $32.49 Million | 27.98% | 0.31x | $4.97 Million |
| CGI Inc (GIB-A) | $8.31 Billion | 19.63% | 0.90x | $11.62 Billion |
| Kontrol Energy Corp (KNR) | $2.79 Million | 779.96% | 7.15x | $2.53 Million |
| Mobi724 Global Solutions Inc (MOS) | $1.49 Million | -143.44% | 3.97x | $2.40 Million |
| Pivotree Inc (PVT) | $15.00 Million | -19.33% | 1.94x | $27.12 Million |
| Goldspot Discoveries Corp (SPOT) | $610.96K | -14.20% | 0.05x | $31.64 Million |
| Visionstate Corp (VIS) | $107.19K | -564.49% | 2.22x | $2.80 Million |
About Deveron UAS Corp
Deveron Corp. provides data collection and analytics services to the agricultural industry in Canada and the United States. The company offers data acquisition services and data analytics based on digital recommendations and data interpretations. It also provides data collection services, including data collection for soil sampling and drone data, etc. In addition, the company offers soil testing… Read more