Hank Payments Corp Net Assets
Hank Payments Corp net assets. Based on the latest financial reports, Hank Payments Corp (HANK) has net assets worth CA$-7.19 Million CAD (≈ $-5.20 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.37 Million ≈ $3.88 Million USD) and total liabilities (CA$12.55 Million ≈ $9.08 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HANK year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-7.19 Million |
| % of Total Assets | -133.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Net Assets of Hank Payments Corp (2022–2024)
Net assets of Hank Payments Corp from 2022 to 2024. This chart illustrates how Hank Payments Corp's net assets have evolved over time, based on quarterly financial data. See Hank Payments Corp (HANK) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Hank Payments Corp (2022–2024)
The table below shows the annual net assets of Hank Payments Corp from 2022 to 2024. For live market cap and overall valuation, see Hank Payments Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$-7.87 Million ≈ $-5.69 Million |
-30.71% |
| 2023-06-30 | CA$-6.02 Million ≈ $-4.36 Million |
-45.66% |
| 2022-06-30 | CA$-4.13 Million ≈ $-2.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hank Payments 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 562154900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Hank Payments Corp Net Assets Breakdown (June 2024)
Hank Payments Corp net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.24 Million | % |
| Total Equity | CA$-7.87 Million | 100.00% |
Hank Payments Corp Competitors by Market Cap
The table below lists competitors of Hank Payments Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NYESA VALOS CO.EO 001
F:7NY0
|
$15.77 Million |
|
Equity Metals Corp
V:EQTY
|
$15.77 Million |
|
MindForge Inc.
NASDAQ:MF
|
$15.77 Million |
|
Dong Won Fish
KO:030720
|
$15.77 Million |
|
New Zealand Energy Corp
V:NZ
|
$15.76 Million |
|
Vereinigte Filzfabriken AG
MU:VFF
|
$15.75 Million |
|
Millennium Group International Holdings Limited Ordinary Shares
NASDAQ:MGIH
|
$15.75 Million |
|
Alta Zinc Limited
F:8EE
|
$15.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hank Payments Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -6,021,485 to -7,870,454, a change of -1,848,969.
- Net loss of 2,134,797 reduced equity.
- Other factors increased equity by 285,828.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.13 Million | -27.12% |
| Other Changes | CA$285.83K | +3.63% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Hank Payments 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 |
|---|---|---|---|
| 2022-06-30 | CA$-0.06 | CA$0.37 | x |
| 2023-06-30 | CA$-0.47 | CA$0.37 | x |
| 2024-06-30 | CA$-0.62 | CA$0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hank Payments Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.90%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | -214.00% | 1.41x | 0.00x | CA$-11.02 Million |
| 2023 | 0.00% | -59.00% | 1.40x | 0.00x | CA$-2.88 Million |
| 2024 | 0.00% | -28.90% | 1.48x | 0.00x | CA$-1.35 Million |
Industry Comparison
This section compares Hank Payments Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $858,379,748
- Average return on equity (ROE) among peers: -34.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hank Payments Corp (HANK) | CA$-7.19 Million | 0.00% | N/A | $15.76 Million |
| BlackBerry Ltd (BB) | $7.60 Billion | 32.32% | 0.34x | $4.87 Billion |
| Blockchaink2 Corp (BITK) | $2.90 Million | -55.09% | 0.04x | $846.53K |
| BTQ Technologies Corp. (BTQ) | $6.80 Million | -17.00% | 0.07x | $288.33 Million |
| Coveo Solutions Inc (CVO) | $91.98 Million | -31.40% | 1.32x | $176.19 Million |
| Fobi AI Inc (FOBI) | $10.70 Million | -103.67% | 0.09x | $5.31 Million |
| Fintech Select Ltd (FTEC) | $-4.25 Million | 0.00% | 0.00x | $1.45 Million |
| Haivision Systems Inc (HAI) | $22.37 Million | 11.52% | 1.20x | $70.62 Million |
| DeepMarkit Corp (MKT) | $940.17K | -147.28% | 0.05x | $11.94 Million |
| Mogo Inc (MOGO) | $-8.69 Million | 0.00% | 0.00x | $25.11 Million |
About Hank Payments Corp
Hank Payments Corp. operates a banking-as-a-service (BaaS) platform in Canada and the United States. The company offers payment solutions to enterprises and its consumers in auto, doors, education, equity builder, lenders, and fintechs. The company was formerly known as Nobelium Tech Corp. and changed its name to Hank Payments Corp. in October 2021. Hank Payments Corp. is headquartered in Toronto… Read more