Newtopia Inc (NEWU) - Net Assets
Based on the latest financial reports, Newtopia Inc (NEWU) has net assets worth CA$-12.95 Million CAD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$664.83K) and total liabilities (CA$13.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-12.95 Million |
| % of Total Assets | -1948.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Newtopia Inc - Net Assets Trend (2018–2023)
This chart illustrates how Newtopia Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Newtopia Inc (2018–2023)
The table below shows the annual net assets of Newtopia Inc from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-9.42 Million | -70.21% |
| 2022-12-31 | CA$-5.53 Million | -200.04% |
| 2021-12-31 | CA$-1.84 Million | -143.91% |
| 2020-12-31 | CA$4.20 Million | +137.46% |
| 2019-12-31 | CA$-11.21 Million | +9.89% |
| 2018-12-31 | CA$-12.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newtopia 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 4017507200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$63.56 Million | % |
| Total Equity | CA$-9.42 Million | 100.00% |
Newtopia Inc Competitors by Market Cap
The table below lists competitors of Newtopia Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Bethlehem Mining Corp
V:IBC-H
|
$627.12K |
|
Schroder British Opportunities Trus
LSE:SBO
|
$627.16K |
|
Panthera Resources PLC
LSE:PAT
|
$628.16K |
|
EvokAI Creative Labs Inc.
V:OKAI
|
$632.70K |
|
Gear4music (Holdings) Plc
LSE:G4M
|
$625.31K |
|
Staffline Group Plc
LSE:STAF
|
$624.60K |
|
East West Minerals Ltd.
F:37A0
|
$624.14K |
|
R.E.A. Holdings plc
LSE:RE
|
$623.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newtopia Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -5,533,656 to -9,418,660, a change of -3,885,004.
- Net loss of 6,600,347 reduced equity.
- New share issuances of 1,467,295 increased equity.
- Other factors increased equity by 1,248,048.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.60 Million | -70.08% |
| Share Issuances | CA$1.47 Million | +15.58% |
| Other Changes | CA$1.25 Million | +13.25% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Newtopia 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$-0.14 | CA$0.01 | x |
| 2019-12-31 | CA$-0.12 | CA$0.01 | x |
| 2020-12-31 | CA$0.04 | CA$0.01 | x |
| 2021-12-31 | CA$-0.02 | CA$0.01 | x |
| 2022-12-31 | CA$-0.04 | CA$0.01 | x |
| 2023-12-31 | CA$-0.06 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newtopia Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -67.46%
- • Asset Turnover: 4.19x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-30.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -207.84% | 0.83x | 0.00x | CA$-5.14 Million |
| 2019 | 0.00% | -165.99% | 1.09x | 0.00x | CA$-9.02 Million |
| 2020 | -184.10% | -67.73% | 1.45x | 1.88x | CA$-8.15 Million |
| 2021 | 0.00% | -73.16% | 1.90x | 0.00x | CA$-7.47 Million |
| 2022 | 0.00% | -68.96% | 1.88x | 0.00x | CA$-7.15 Million |
| 2023 | 0.00% | -67.46% | 4.19x | 0.00x | CA$-5.66 Million |
Industry Comparison
This section compares Newtopia Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $1,479,476
- Average return on equity (ROE) among peers: -34.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newtopia Inc (NEWU) | CA$-12.95 Million | 0.00% | N/A | $626.69K |
| Diagnos Inc (ADK) | $-1.95 Million | 0.00% | 0.00x | $18.42 Million |
| NetraMark Holdings Inc. (AIAI) | $1.83 Million | -284.61% | 0.19x | $61.38 Million |
| Comprehensive Healthcare Systems Inc (CHS) | $316.65K | -33.71% | 0.02x | $12.07 Million |
| Carespan Health Inc (CSPN) | $-699.52K | 0.00% | 0.00x | $688.89K |
| CardioComm Solutions Inc. (EKG) | $489.32K | 8.09% | 2.15x | $1.43 Million |
| Kovo Healthtech Corp (KOVO) | $-614.00K | 0.00% | 0.00x | $1.28 Million |
| Kneat.com Inc (KSI) | $14.80 Million | -4.46% | 0.02x | $295.86 Million |
| Hydreight Technologies Inc (NURS) | $-784.54K | 0.00% | 0.00x | $135.22 Million |
| NexgenRX Inc. (NXG) | $-83.93K | 0.00% | 0.00x | $20.06 Million |
About Newtopia Inc
Newtopia Inc. operates as a tech-enabled whole health platform primarily in the United States. Its platform leverages genetic, social, and behavioral insights to create individualized prevention programs with a focus on metabolic disease, diabetes, mental health challenges, hypertension, weight management, and musculoskeletal disorders. Newtopia Inc. was incorporated in 2008 and is headquartered … Read more