Principal Technologies Inc
Principal Technologies Inc. is a private equity firm specializing in growth capital and middle market investments and direct equity investments. It invests in form of equity related and secured convertible debt. It invests in healthcare technology companies and assets. It seeks to identify technologies with IP capable of improving patient outcomes by enhancing medical treatment quality and effici… Read more
Principal Technologies Inc (PTEC) - Net Assets
Latest net assets as of October 2025: CA$-608.50K CAD
Based on the latest financial reports, Principal Technologies Inc (PTEC) has net assets worth CA$-608.50K CAD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$959.65K) and total liabilities (CA$1.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-608.50K |
| % of Total Assets | -63.41% |
| Annual Growth Rate | -35.34% |
| 5-Year Change | -86.51% |
| 10-Year Change | N/A |
| Growth Volatility | 174.14 |
Principal Technologies Inc - Net Assets Trend (2020–2025)
This chart illustrates how Principal Technologies 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 Principal Technologies Inc (2020–2025)
The table below shows the annual net assets of Principal Technologies Inc from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$183.99K | -80.41% |
| 2024-07-31 | CA$939.12K | +377.07% |
| 2023-07-31 | CA$196.85K | -56.48% |
| 2022-07-31 | CA$452.37K | -66.84% |
| 2021-07-31 | CA$1.36 Million | -16.16% |
| 2020-07-31 | CA$1.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Principal Technologies 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 880818700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.03 Million | 10073.03% |
| Total Equity | CA$89.61K | 100.00% |
Principal Technologies Inc Competitors by Market Cap
The table below lists competitors of Principal Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3P Learning Ltd
AU:3PL
|
$13.53 Million |
|
Ozsu Balik Uretim A.S.
IS:OZSUB
|
$13.54 Million |
|
Bayview Acquisition Corp Unit
NASDAQ:BAYAU
|
$13.54 Million |
|
Izotropic Corporation
OTCQB:IZOZF
|
$13.55 Million |
|
Jialijia Group Corporation Ltd
PINK:RZZN
|
$13.53 Million |
|
LORDS GROUP TRAD. LS-005
F:7S6
|
$13.52 Million |
|
Duc Thanh Wood Processing JSC
VN:GDT
|
$13.52 Million |
|
FIREBIRD METALS LTD
F:7Y2
|
$13.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Principal Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 878,081 to 89,609, a change of -788,472 (-89.8%).
- Net loss of 4,235,349 reduced equity.
- New share issuances of 1,796,734 increased equity.
- Other factors increased equity by 1,650,143.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.24 Million | -4726.48% |
| Share Issuances | CA$1.80 Million | +2005.08% |
| Other Changes | CA$1.65 Million | +1841.49% |
| Total Change | CA$- | -89.79% |
Book Value vs Market Value Analysis
This analysis compares Principal Technologies 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: 306.84x
- 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 increased from 5.79x to 306.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-07-31 | CA$0.10 | CA$0.57 | x |
| 2021-07-31 | CA$0.08 | CA$0.57 | x |
| 2022-07-31 | CA$0.02 | CA$0.57 | x |
| 2023-07-31 | CA$0.01 | CA$0.57 | x |
| 2024-07-31 | CA$0.02 | CA$0.57 | x |
| 2025-07-31 | CA$0.00 | CA$0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Principal Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4726.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1143.38%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 17.25x
- Recent ROE (-4726.48%) is below the historical average (-994.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -2.72% | 0.00% | 0.00x | 1.00x | CA$-207.01K |
| 2021 | -32.55% | -403.67% | 0.08x | 1.05x | CA$-580.43K |
| 2022 | -329.93% | -397.71% | 0.45x | 1.85x | CA$-1.39 Million |
| 2023 | -693.96% | -242.46% | 0.59x | 4.89x | CA$-1.05 Million |
| 2024 | -183.93% | -243.22% | 0.44x | 1.72x | CA$-1.70 Million |
| 2025 | -4726.48% | -1143.38% | 0.24x | 17.25x | CA$-4.24 Million |
Industry Comparison
This section compares Principal Technologies 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: $-680,956
- Average return on equity (ROE) among peers: -13.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Principal Technologies Inc (PTEC) | CA$-608.50K | -2.72% | N/A | $13.53 Million |
| Carespan Health Inc (CSPN) | $-2.29 Million | 0.00% | 0.00x | $571.18K |
| Kovo Healthtech Corp (KOVO) | $924.00K | -27.06% | 6.50x | $311.64K |