MCX Technologies Corp Net Assets
MCX Technologies Corp net assets. Based on the latest financial reports, MCX Technologies Corp (MCX) has net assets worth CA$-52.89K CAD (≈ $-38.26K USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$43.52K ≈ $31.49K USD) and total liabilities (CA$96.41K ≈ $69.74K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MCX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-52.89K |
| % of Total Assets | -121.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -104.64% |
| 10-Year Change | N/A |
| Growth Volatility | 40.97 |
Net Assets of MCX Technologies Corp (2016–2023)
Net assets of MCX Technologies Corp from 2016 to 2023. This chart illustrates how MCX Technologies Corp's net assets have evolved over time, based on quarterly financial data. See MCX Technologies Corp balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for MCX Technologies Corp (2016–2023)
The table below shows the annual net assets of MCX Technologies Corp from 2016 to 2023. For live market cap and overall valuation, see MCX Technologies Corp (MCX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-42.77K ≈ $-30.94K |
-127.71% |
| 2022-12-31 | CA$154.36K ≈ $111.66K |
-75.10% |
| 2021-12-31 | CA$619.91K ≈ $448.43K |
-34.16% |
| 2020-12-31 | CA$941.52K ≈ $681.08K |
+2.03% |
| 2019-12-31 | CA$922.76K ≈ $667.51K |
-43.06% |
| 2018-12-31 | CA$1.62 Million ≈ $1.17 Million |
-19.21% |
| 2017-12-31 | CA$2.01 Million ≈ $1.45 Million |
-13.28% |
| 2016-12-31 | CA$2.31 Million ≈ $1.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MCX Technologies 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 265110600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
MCX Technologies Corp Net Assets Breakdown (December 2023)
MCX Technologies Corp net assets breakdown by equity component as of December 2023.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$6.62 Million | % |
| Total Equity | CA$-42.77K | 100.00% |
MCX Technologies Corp Competitors by Market Cap
The table below lists competitors of MCX Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glass To Power SpA
PA:MLGLB
|
$512.78K |
|
IMMERSION G. S.A. ZY 10
F:73W
|
$513.34K |
|
CENTURION MINERALS L. NEW
F:XJC0
|
$514.05K |
|
CORELENS S.A. ZY -10
F:9GK
|
$514.90K |
|
Element Lifestyle Retirement Inc
V:ELM
|
$509.83K |
|
System1 Group PLC
LSE:SYS1
|
$509.48K |
|
Kermode Resources Ltd
V:KLM
|
$506.21K |
|
MAPLE LEAF GREEN WORLD
F:4HV0
|
$504.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCX Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 154,357 to -42,773, a change of -197,130 (-127.7%).
- Net loss of 197,130 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-197.13K | -460.87% |
| Total Change | CA$- | -127.71% |
Book Value vs Market Value Analysis
This analysis compares MCX Technologies 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 |
|---|---|---|---|
| 2017-12-31 | CA$0.10 | CA$6000.00 | x |
| 2018-12-31 | CA$0.08 | CA$6000.00 | x |
| 2019-12-31 | CA$0.05 | CA$6000.00 | x |
| 2020-12-31 | CA$0.05 | CA$6000.00 | x |
| 2021-12-31 | CA$0.03 | CA$6000.00 | x |
| 2022-12-31 | CA$0.01 | CA$6000.00 | x |
| 2023-12-31 | CA$0.00 | CA$6000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCX Technologies Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-67.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -50.09% | -70.76% | 0.65x | 1.08x | CA$-1.39 Million |
| 2017 | -20.49% | -16.35% | 1.09x | 1.15x | CA$-611.68K |
| 2018 | -25.37% | -10.31% | 2.03x | 1.21x | CA$-573.28K |
| 2019 | -82.47% | -23.49% | 2.66x | 1.32x | CA$-853.23K |
| 2020 | -4.73% | -92.84% | 0.04x | 1.19x | CA$-138.65K |
| 2021 | -58.18% | -47.95% | 0.95x | 1.28x | CA$-422.67K |
| 2022 | -301.61% | -459.08% | 0.37x | 1.75x | CA$-480.99K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-192.85K |
Industry Comparison
This section compares MCX Technologies Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $42,256,065
- Average return on equity (ROE) among peers: -31.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCX Technologies Corp (MCX) | CA$-52.89K | -50.09% | N/A | $510.65K |
| Abaxx Technologies Inc (ABXX) | $27.94 Million | -42.69% | 0.05x | $421.61 Million |
| Adcore Inc (ADCO) | $9.73 Million | -22.96% | 0.49x | $6.18 Million |
| AnalytixInsight Inc (ALY) | $-5.19 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $1.27 Million | -378.42% | 3.52x | $2.92 Million |
| Acceleware Ltd (AXE) | $-5.94 Million | 0.00% | 0.00x | $9.84 Million |
| BLUERUSH Media Group Corp (BTV) | $-4.28 Million | 0.00% | 0.00x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-1.59 Million | 0.00% | 0.00x | $1.02 Million |
| Computer Modelling Group Ltd. (CMG) | $59.26 Million | 42.70% | 0.71x | $226.24 Million |
| Constellation Software Inc. (CSU) | $338.18 Million | 52.41% | 3.86x | $51.58 Billion |
| NamSys Inc (CTZ) | $3.18 Million | 36.12% | 0.12x | $21.56 Million |
About MCX Technologies Corp
MCX Technologies Corporation provides digital transformation solutions to customer-centric organizations through integrated marketing, data science, and commerce in the United States. It offers professional and related consulting services, including brand strategy, pricing science, data science, digital transformation, customer experience management consulting, implementation, and go-to-market ex… Read more