Nexoptic Technology Corp (NXO) - Net Assets

Latest as of September 2024: CA$-2.18 Million CAD ≈ $-1.58 Million USD

Based on the latest financial reports, Nexoptic Technology Corp (NXO) has net assets worth CA$-2.18 Million CAD (≈ $-1.58 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$77.19K ≈ $55.84K USD) and total liabilities (CA$2.25 Million ≈ $1.63 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 Nexoptic Technology Corp (NXO) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-2.18 Million
% of Total Assets	-2821.09%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-185.51%
Growth Volatility	648.05

Nexoptic Technology Corp - Net Assets Trend (2010–2023)

This chart illustrates how Nexoptic Technology Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Nexoptic Technology Corp for the complete picture of this company's asset base.

Annual Net Assets for Nexoptic Technology Corp (2010–2023)

The table below shows the annual net assets of Nexoptic Technology Corp from 2010 to 2023. For live valuation and market cap data, see NXO market cap overview.

Year	Net Assets	Change
2023-12-31	CA$-1.84 Million ≈ $-1.33 Million	-86.11%
2022-12-31	CA$-987.68K ≈ $-714.48K	-54.36%
2021-12-31	CA$-639.86K ≈ $-462.86K	-142.00%
2020-12-31	CA$1.52 Million ≈ $1.10 Million	+251.78%
2019-12-31	CA$-1.00 Million ≈ $-726.13K	-101.93%
2018-12-31	CA$52.07 Million ≈ $37.67 Million	-17.28%
2017-12-31	CA$62.95 Million ≈ $45.53 Million	+2125.07%
2016-12-31	CA$2.83 Million ≈ $2.05 Million	+73.49%
2015-12-31	CA$1.63 Million ≈ $1.18 Million	-24.15%
2014-12-31	CA$2.15 Million ≈ $1.56 Million	-17.38%
2013-12-31	CA$2.60 Million ≈ $1.88 Million	-24.56%
2012-12-31	CA$3.45 Million ≈ $2.50 Million	-24.39%
2011-12-31	CA$4.56 Million ≈ $3.30 Million	+40.48%
2010-12-31	CA$3.25 Million ≈ $2.35 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nexoptic Technology 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 9042805800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Common Stock	CA$82.27 Million	%
Other Comprehensive Income	CA$6.32 Million	%
Total Equity	CA$-1.84 Million	100.00%

Nexoptic Technology Corp Competitors by Market Cap

The table below lists competitors of Nexoptic Technology Corp ranked by their market capitalization.

Company	Market Cap
Catheter Precision Inc. NYSE MKT:VTAK	$1.41 Million
Goldhills Holding Ltd V:GHL	$1.42 Million
Gaucho Group Holdings Inc NASDAQ:VINO	$1.42 Million
Castings PLC LSE:CGS	$1.42 Million
Moovly Media Inc V:MVY	$1.41 Million
Infield Minerals Corp V:INFD	$1.41 Million
CO2 Gro Inc V:GROW	$1.41 Million
Beeks Trading Corporation Ltd LSE:BKS	$1.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nexoptic Technology Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from -987,684 to -1,838,222, a change of -850,538.
Net loss of 1,693,791 reduced equity.
Other comprehensive income decreased equity by 146,718.
Other factors increased equity by 989,971.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	CA$-1.69 Million	-92.14%
Other Comprehensive Income	CA$-146.72K	-7.98%
Other Changes	CA$989.97K	+53.85%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Nexoptic Technology 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
2010-12-31	CA$0.74	CA$0.01	x
2011-12-31	CA$0.49	CA$0.01	x
2012-12-31	CA$0.33	CA$0.01	x
2013-12-31	CA$0.25	CA$0.01	x
2014-12-31	CA$0.20	CA$0.01	x
2015-12-31	CA$0.06	CA$0.01	x
2016-12-31	CA$0.06	CA$0.01	x
2017-12-31	CA$0.59	CA$0.01	x
2018-12-31	CA$0.41	CA$0.01	x
2019-12-31	CA$-0.01	CA$0.01	x
2020-12-31	CA$0.01	CA$0.01	x
2021-12-31	CA$0.00	CA$0.01	x
2022-12-31	CA$-0.01	CA$0.01	x
2023-12-31	CA$-0.01	CA$0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nexoptic Technology 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 (-55.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	36.24%	0.00%	0.00x	1.31x	CA$852.09K
2011	-35.40%	0.00%	0.00x	1.02x	CA$-2.07 Million
2012	-32.90%	0.00%	0.00x	1.01x	CA$-1.48 Million
2013	-37.29%	0.00%	0.00x	1.02x	CA$-1.23 Million
2014	-29.48%	0.00%	0.00x	1.03x	CA$-848.73K
2015	-205.55%	0.00%	0.00x	1.05x	CA$-3.51 Million
2016	-59.94%	0.00%	0.00x	1.02x	CA$-1.98 Million
2017	-14.71%	0.00%	0.00x	1.01x	CA$-15.55 Million
2018	-23.60%	0.00%	0.00x	1.01x	CA$-17.49 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-57.23 Million
2020	-381.08%	0.00%	0.00x	1.61x	CA$-5.96 Million
2021	0.00%	0.00%	0.00x	0.00x	CA$-3.25 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-3.78 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-1.51 Million

Industry Comparison

This section compares Nexoptic Technology Corp's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $1,106,168,278
Average return on equity (ROE) among peers: -136.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nexoptic Technology Corp (NXO)	CA$-2.18 Million	36.24%	N/A	$1.41 Million
Celestica Inc. (CLS)	$2.21 Billion	38.29%	2.25x	$43.91 Billion
Ynvisible Interactive Inc (YNV)	$69.89K	-310.45%	2.23x	$11.07 Million

About Nexoptic Technology Corp

V:NXO Canada Electronic Components

Market Cap

$1.41 Million

CA$1.95 Million CAD

Market Cap Rank

#29981 Global

#1550 in Canada

Share Price

CA$0.01

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$0.02

All Time High

CA$3.59