Snipp Interactive Inc (SPN) - Net Assets
Based on the latest financial reports, Snipp Interactive Inc (SPN) has net assets worth CA$5.30 Million CAD (≈ $3.83 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$15.40 Million ≈ $11.14 Million USD) and total liabilities (CA$10.10 Million ≈ $7.31 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 SPN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.30 Million |
| % of Total Assets | 34.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | 326.28% |
| 10-Year Change | -46.5% |
| Growth Volatility | 94.13 |
Snipp Interactive Inc - Net Assets Trend (2011–2024)
This chart illustrates how Snipp Interactive Inc's net assets have evolved over time, based on quarterly financial data. Also explore SPN total asset value for the complete picture of this company's asset base.
Annual Net Assets for Snipp Interactive Inc (2011–2024)
The table below shows the annual net assets of Snipp Interactive Inc from 2011 to 2024. For live valuation and market cap data, see Snipp Interactive Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$6.31 Million ≈ $4.56 Million |
-1.94% |
| 2023-12-31 | CA$6.43 Million ≈ $4.65 Million |
-31.12% |
| 2022-12-31 | CA$9.34 Million ≈ $6.75 Million |
+162.07% |
| 2021-12-31 | CA$3.56 Million ≈ $2.58 Million |
+140.83% |
| 2020-12-31 | CA$1.48 Million ≈ $1.07 Million |
-38.72% |
| 2019-12-31 | CA$2.41 Million ≈ $1.75 Million |
-73.98% |
| 2018-12-31 | CA$9.28 Million ≈ $6.71 Million |
+6.02% |
| 2017-12-31 | CA$8.75 Million ≈ $6.33 Million |
-4.09% |
| 2016-12-31 | CA$9.12 Million ≈ $6.60 Million |
-22.59% |
| 2015-12-31 | CA$11.79 Million ≈ $8.53 Million |
+3296.78% |
| 2014-12-31 | CA$-368.70K ≈ $-266.71K |
-185.00% |
| 2013-12-31 | CA$433.77K ≈ $313.78K |
+218.65% |
| 2012-12-31 | CA$-365.57K ≈ $-264.45K |
-887.45% |
| 2011-12-31 | CA$-37.02K ≈ $-26.78K |
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Equity Component Analysis
This analysis shows how different components contribute to Snipp Interactive 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 3789010200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$44.24 Million | 701.51% |
| Total Equity | CA$6.31 Million | 100.00% |
Snipp Interactive Inc Competitors by Market Cap
The table below lists competitors of Snipp Interactive Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Palamina Corp
V:PA
|
$10.39 Million |
|
Saraswati Griya Lestari Tbk
JK:HOTL
|
$10.40 Million |
|
Norben Tea & Exports Limited
NSE:NORBTEAEXP
|
$10.40 Million |
|
Golden Pursuit Resources Ltd
V:GDP
|
$10.41 Million |
|
MISSION GROUP PLC LS -10
F:M7K
|
$10.38 Million |
|
Radiant Utama Interinsco Tbk
JK:RUIS
|
$10.38 Million |
|
Biovica International AB (publ)
ST:BIOVIC-B
|
$10.37 Million |
|
AEON Biopharma, Inc.
NYSE MKT:AEON
|
$10.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Snipp Interactive Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,430,525 to 6,305,768, a change of -124,757 (-1.9%).
- Net loss of 1,005,471 reduced equity.
- Other comprehensive income decreased equity by 5,208,240.
- Other factors increased equity by 6,088,954.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.01 Million | -15.95% |
| Other Comprehensive Income | CA$-5.21 Million | -82.59% |
| Other Changes | CA$6.09 Million | +96.56% |
| Total Change | CA$- | -1.94% |
Book Value vs Market Value Analysis
This analysis compares Snipp Interactive 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: 2.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$-0.02 | CA$0.05 | x |
| 2012-12-31 | CA$-0.01 | CA$0.05 | x |
| 2013-12-31 | CA$0.01 | CA$0.05 | x |
| 2014-12-31 | CA$-0.01 | CA$0.05 | x |
| 2015-12-31 | CA$0.12 | CA$0.05 | x |
| 2016-12-31 | CA$0.07 | CA$0.05 | x |
| 2017-12-31 | CA$0.06 | CA$0.05 | x |
| 2018-12-31 | CA$0.04 | CA$0.05 | x |
| 2019-12-31 | CA$0.01 | CA$0.05 | x |
| 2020-12-31 | CA$0.01 | CA$0.05 | x |
| 2021-12-31 | CA$0.01 | CA$0.05 | x |
| 2022-12-31 | CA$0.03 | CA$0.05 | x |
| 2023-12-31 | CA$0.02 | CA$0.05 | x |
| 2024-12-31 | CA$0.02 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Snipp Interactive Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.42%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.41x
- Recent ROE (-15.95%) is above the historical average (-42.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -4.15% | 3.82x | 0.00x | CA$-12.04K |
| 2012 | 0.00% | -437.21% | 0.46x | 0.00x | CA$-2.20 Million |
| 2013 | 17.43% | 8.69% | 1.06x | 1.89x | CA$32.22K |
| 2014 | 0.00% | -72.01% | 1.42x | 0.00x | CA$-2.53 Million |
| 2015 | -26.45% | -26.22% | 0.69x | 1.46x | CA$-4.30 Million |
| 2016 | -93.97% | -76.38% | 0.71x | 1.74x | CA$-9.49 Million |
| 2017 | -50.78% | -34.50% | 0.97x | 1.51x | CA$-5.32 Million |
| 2018 | -33.37% | -25.48% | 0.95x | 1.38x | CA$-4.02 Million |
| 2019 | -290.88% | -81.24% | 1.27x | 2.81x | CA$-7.26 Million |
| 2020 | -89.43% | -15.22% | 1.39x | 4.24x | CA$-1.47 Million |
| 2021 | 59.87% | 13.96% | 2.05x | 2.09x | CA$1.78 Million |
| 2022 | -14.94% | -5.65% | 1.59x | 1.66x | CA$-2.33 Million |
| 2023 | -52.63% | -11.08% | 2.28x | 2.09x | CA$-4.03 Million |
| 2024 | -15.95% | -4.42% | 1.49x | 2.41x | CA$-1.64 Million |
Industry Comparison
This section compares Snipp Interactive Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $-534,850
- Average return on equity (ROE) among peers: -124.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Snipp Interactive Inc (SPN) | CA$5.30 Million | 0.00% | 1.91x | $10.38 Million |
| EQ Inc. (EQ) | $-585.00K | 0.00% | 0.00x | $47.32 Million |
| INEO Tech Corp (INEO) | $668.83K | -498.10% | 2.86x | $2.35 Million |
| Kidoz Inc (KIDZ) | $-1.14 Million | 0.00% | 0.00x | $21.85 Million |
| Sabio Holdings Inc (SBIO) | $-1.08 Million | 0.00% | 0.00x | $3.21 Million |
About Snipp Interactive Inc
Snipp Interactive Inc. provides mobile marketing, rebate, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers SnippCheck, a receipt processing system that enables brands to tap into unprecedented consumer purchase and behavioral data; SnippWin, a promotion and sweepstakes platform that provides various promotions from gift to instant win contests, … Read more