NTG Clarity Networks Inc. (NCI) - Net Assets

Latest as of September 2025: CA$26.97 Million CAD ≈ $19.51 Million USD

Based on the latest financial reports, NTG Clarity Networks Inc. (NCI) has net assets worth CA$26.97 Million CAD (≈ $19.51 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$44.23 Million ≈ $32.00 Million USD) and total liabilities (CA$17.26 Million ≈ $12.49 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 NCI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$26.97 Million
% of Total Assets 60.97%
Annual Growth Rate 2.92%
5-Year Change N/A
10-Year Change 31.37%
Growth Volatility 526.13

NTG Clarity Networks Inc. - Net Assets Trend (2000–2024)

This chart illustrates how NTG Clarity Networks Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is NTG Clarity Networks Inc.'s balance sheet for the complete picture of this company's asset base.

Annual Net Assets for NTG Clarity Networks Inc. (2000–2024)

The table below shows the annual net assets of NTG Clarity Networks Inc. from 2000 to 2024. For live valuation and market cap data, see market cap of NTG Clarity Networks Inc..

Year Net Assets Change
2024-12-31 CA$12.60 Million
≈ $9.12 Million		 +489.27%
2023-12-31 CA$-3.24 Million
≈ $-2.34 Million		 +52.23%
2022-12-31 CA$-6.78 Million
≈ $-4.90 Million		 +14.42%
2021-12-31 CA$-7.92 Million
≈ $-5.73 Million		 +36.83%
2020-12-31 CA$-12.54 Million
≈ $-9.07 Million		 -3.59%
2019-12-31 CA$-12.10 Million
≈ $-8.75 Million		 -263.40%
2018-12-31 CA$-3.33 Million
≈ $-2.41 Million		 -8.62%
2017-12-31 CA$-3.07 Million
≈ $-2.22 Million		 -8.69%
2016-12-31 CA$-2.82 Million
≈ $-2.04 Million		 -129.41%
2015-12-31 CA$9.59 Million
≈ $6.94 Million		 +7.27%
2014-12-31 CA$8.94 Million
≈ $6.47 Million		 +23.11%
2013-12-31 CA$7.26 Million
≈ $5.25 Million		 +94.98%
2012-12-31 CA$3.73 Million
≈ $2.69 Million		 +38.55%
2011-12-31 CA$2.69 Million
≈ $1.95 Million		 +2.81%
2010-12-31 CA$2.62 Million
≈ $1.89 Million		 +43.84%
2009-12-31 CA$1.82 Million
≈ $1.32 Million		 +13.80%
2008-12-31 CA$1.60 Million
≈ $1.16 Million		 +50.97%
2007-12-31 CA$1.06 Million
≈ $765.52K		 +23.71%
2006-12-31 CA$855.41K
≈ $618.79K		 +39.49%
2005-12-31 CA$613.26K
≈ $443.63K		 +2096.19%
2004-12-31 CA$27.92K
≈ $20.20K		 +151.83%
2003-12-31 CA$-53.87K
≈ $-38.97K		 -103.99%
2002-12-31 CA$1.35 Million
≈ $975.70K		 -64.30%
2001-12-31 CA$3.78 Million
≈ $2.73 Million		 -40.24%
2000-12-31 CA$6.32 Million
≈ $4.57 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to NTG Clarity Networks 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 2806.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$21.52 Million 170.78%
Total Equity CA$12.60 Million 100.00%

NTG Clarity Networks Inc. Competitors by Market Cap

The table below lists competitors of NTG Clarity Networks Inc. ranked by their market capitalization.

Company Market Cap
GRITEE Inc
KQ:204020
 $30.84 Million
Italian-Thai Development Public Company Limited
F:NYVF
 $30.86 Million
Xavis Co. Ltd
KQ:254120
 $30.87 Million
Datron AG
XETRA:DAR
 $30.88 Million
HLscience Co. Ltd
KQ:239610
 $30.82 Million
IT Link
PA:ALITL
 $30.81 Million
Parkson Retail Group Limited
F:P5IB
 $30.80 Million
Commerce Resources Corp.
V:CCE
 $30.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NTG Clarity Networks Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from -3,237,143 to 12,601,184, a change of 15,838,327.
  • Net income of 9,812,130 contributed positively to equity growth.
  • New share issuances of 5,008,509 increased equity.
  • Other comprehensive income increased equity by 216,733.
  • Other factors increased equity by 800,955.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$9.81 Million +77.87%
Share Issuances CA$5.01 Million +39.75%
Other Comprehensive Income CA$216.73K +1.72%
Other Changes CA$800.96K +6.36%
Total Change CA$- %

Book Value vs Market Value Analysis

This analysis compares NTG Clarity Networks 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: 3.01x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 6.00x to 3.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CA$0.15 CA$0.90 x
2001-12-31 CA$0.09 CA$0.90 x
2002-12-31 CA$0.03 CA$0.90 x
2003-12-31 CA$0.00 CA$0.90 x
2004-12-31 CA$0.00 CA$0.90 x
2005-12-31 CA$0.01 CA$0.90 x
2006-12-31 CA$0.02 CA$0.90 x
2007-12-31 CA$0.03 CA$0.90 x
2008-12-31 CA$0.04 CA$0.90 x
2009-12-31 CA$0.04 CA$0.90 x
2010-12-31 CA$0.06 CA$0.90 x
2011-12-31 CA$0.06 CA$0.90 x
2012-12-31 CA$0.09 CA$0.90 x
2013-12-31 CA$0.17 CA$0.90 x
2014-12-31 CA$0.21 CA$0.90 x
2015-12-31 CA$0.23 CA$0.90 x
2016-12-31 CA$-0.07 CA$0.90 x
2017-12-31 CA$-0.07 CA$0.90 x
2018-12-31 CA$-0.08 CA$0.90 x
2019-12-31 CA$-0.29 CA$0.90 x
2020-12-31 CA$-0.30 CA$0.90 x
2021-12-31 CA$-0.19 CA$0.90 x
2022-12-31 CA$-0.16 CA$0.90 x
2023-12-31 CA$-0.08 CA$0.90 x
2024-12-31 CA$0.30 CA$0.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently NTG Clarity Networks 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): 77.87%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.48%
  • • Asset Turnover: 1.98x
  • • Equity Multiplier: 2.25x
  • Recent ROE (77.87%) is above the historical average (7.50%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 3.65% 2.71% 1.21x 1.12x CA$-401.54K
2001 -75.99% -20.37% 2.06x 1.81x CA$-3.25 Million
2002 -196.73% -21.29% 5.48x 1.69x CA$-2.79 Million
2003 0.00% -21.98% 4.31x 0.00x CA$-1.84 Million
2004 156.79% 0.54% 4.18x 69.64x CA$40.99K
2005 56.31% 5.95% 3.00x 3.15x CA$284.01K
2006 22.77% 3.70% 2.37x 2.60x CA$109.27K
2007 8.60% 1.45% 1.81x 3.28x CA$-14.87K
2008 33.76% 9.83% 1.41x 2.43x CA$379.65K
2009 12.13% 3.61% 1.47x 2.28x CA$38.73K
2010 25.57% 10.52% 1.26x 1.93x CA$407.08K
2011 0.04% 0.02% 0.95x 2.02x CA$-267.78K
2012 20.85% 15.53% 0.81x 1.65x CA$404.14K
2013 25.66% 17.63% 1.03x 1.41x CA$1.14 Million
2014 13.89% 8.01% 0.96x 1.81x CA$347.70K
2015 2.28% 1.41% 0.92x 1.75x CA$-740.35K
2016 0.00% -104.65% 1.35x 0.00x CA$-11.62 Million
2017 0.00% -7.56% 1.70x 0.00x CA$-779.29K
2018 0.00% -3.02% 1.48x 0.00x CA$-20.45K
2019 0.00% -102.15% 3.12x 0.00x CA$-7.60 Million
2020 0.00% -20.65% 2.49x 0.00x CA$-378.85K
2021 0.00% 11.52% 1.83x 0.00x CA$2.16 Million
2022 0.00% 7.07% 2.16x 0.00x CA$1.93 Million
2023 0.00% 6.17% 2.24x 0.00x CA$2.03 Million
2024 77.87% 17.48% 1.98x 2.25x CA$8.55 Million

Industry Comparison

This section compares NTG Clarity Networks Inc.'s net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $53,714,494
  • Average return on equity (ROE) among peers: -3.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
NTG Clarity Networks Inc. (NCI) CA$26.97 Million 3.65% 0.64x $30.83 Million
Abaxx Technologies Inc (ABXX) $27.94 Million -42.69% 0.05x $1.39 Billion
Adcore Inc (ADCO) $1.19 Million -17.83% 0.01x $10.05 Million
AnalytixInsight Inc (ALY) $-2.56 Million 0.00% 0.00x $1.76 Million
Agereh Technologies Inc (AUTO) $-7.80 Million 0.00% 0.00x $4.14 Million
Acceleware Ltd (AXE) $826.28K -19.23% 1.13x $11.79 Million
BLUERUSH Media Group Corp (BTV) $-2.89 Million 0.00% 0.00x $356.37K
Boardwalktech Software Corp (BWLK) $-3.36 Million 0.00% 0.00x $2.80 Million
Computer Modelling Group Ltd. (CMG) $63.17 Million 43.74% 0.59x $231.91 Million
Constellation Software Inc. (CSU) $457.51 Million 45.20% 3.12x $37.43 Billion
NamSys Inc (CTZ) $3.11 Million -40.95% 0.32x $24.35 Million

About NTG Clarity Networks Inc.

V:NCI Canada Software - Application
Market Cap
$30.83 Million
CA$42.62 Million CAD
Market Cap Rank
#23631 Global
#880 in Canada
Share Price
CA$0.90
Change (1 day)
-2.17%
52-Week Range
CA$0.83 - CA$2.95
All Time High
CA$2.95
Categories
Companies in Canada Software - Application Technology AI & Machine Learning
About

NTG Clarity Networks Inc., together with its subsidiaries, provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman. The company offers utility billing solution, trouble ticket management module, and last mile delivery platform for enterprises; network inventory system, workflow manageme… Read more