Sparx Technology Inc Net Assets
Sparx Technology Inc net assets. Based on the latest financial reports, Sparx Technology Inc (SPRX) has net assets worth CA$-1.20 Million CAD (≈ $-869.88K USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$114.67K ≈ $82.95K USD) and total liabilities (CA$1.32 Million ≈ $952.83K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of Sparx Technology Inc to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.20 Million |
| % of Total Assets | -1048.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Net Assets of Sparx Technology Inc (2022–2023)
Net assets of Sparx Technology Inc from 2022 to 2023. This chart illustrates how Sparx Technology Inc's net assets have evolved over time, based on quarterly financial data. See SPRX net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Sparx Technology Inc (2022–2023)
The table below shows the annual net assets of Sparx Technology Inc from 2022 to 2023. For live market cap and overall valuation, see Sparx Technology Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | CA$-1.06 Million ≈ $-767.77K |
-270.09% |
| 2022-06-30 | CA$623.98K ≈ $451.38K |
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Equity Component Analysis
This analysis shows how different components contribute to Sparx Technology 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 174749500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Sparx Technology Inc Net Assets Breakdown (June 2023)
Sparx Technology Inc net assets breakdown by equity component as of June 2023.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$23.06 Million | % |
| Total Equity | CA$-1.06 Million | 100.00% |
Sparx Technology Inc Competitors by Market Cap
The table below lists competitors of Sparx Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nevada Zinc Corp
V:NZN
|
$366.25K |
|
SysGroup PLC
LSE:SYS
|
$366.73K |
|
ALBERT LABS INTL. CORP.
F:VB50
|
$372.07K |
|
GeoVax Labs Inc
NASDAQ:GOVX
|
$373.56K |
|
Palace Capital PLC
LSE:PCA
|
$365.42K |
|
Israel Opportunity - Energy Resources LP
TA:ISOP-L
|
$362.49K |
|
Wildpack Beverage Inc
V:CANS
|
$362.36K |
|
MEDCAW INVESTMENTS LS-01
F:U09
|
$362.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparx Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 623,977 to -1,061,351, a change of -1,685,328 (-270.1%).
- Net loss of 1,747,495 reduced equity.
- Other factors increased equity by 62,167.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.75 Million | -164.65% |
| Other Changes | CA$62.17K | +5.86% |
| Total Change | CA$- | -270.09% |
Book Value vs Market Value Analysis
This analysis compares Sparx Technology 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 |
|---|---|---|---|
| 2022-06-30 | CA$0.01 | CA$35.07 | x |
| 2023-06-30 | CA$-0.01 | CA$35.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparx Technology Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -278.24%
- • Asset Turnover: 5.25x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-357.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -715.34% | -479.55% | 0.74x | 2.01x | CA$-4.53 Million |
| 2023 | 0.00% | -278.24% | 5.25x | 0.00x | CA$-1.64 Million |
Industry Comparison
This section compares Sparx Technology Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $182,366,518
- Average return on equity (ROE) among peers: -147.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sparx Technology Inc (SPRX) | CA$-1.20 Million | -715.34% | N/A | $365.51K |
| Boat Rocker Media Inc (BRMI) | $261.65 Million | 0.69% | 2.04x | $21.45 Million |
| Cineplex Inc. (CGX) | $198.06 Million | 8.72% | 0.01x | $629.89 Million |
| Corus Entertainment Inc (CJR-B) | $1.14 Billion | 13.09% | 0.83x | $7.98 Million |
| ESE Entertainment Inc (ESE) | $2.23 Million | -1335.69% | 8.60x | $4.98 Million |
| Network Media Group Inc (NTE) | $826.22K | 60.52% | 6.91x | $411.78K |
| Overactive Media Corp (OAM) | $43.55 Million | -26.27% | 0.51x | $4.71 Million |
| Qyou Media Inc (QYOU) | $365.06K | -45.33% | 0.24x | $13.54 Million |
| Thunderbird Entertainment Group Inc (TBRD) | $1.32 Million | -4.90% | 0.03x | $56.05 Million |
| TGS Esports Inc (TGS) | $-2.80 Million | 0.00% | 0.00x | $6.03 Million |
About Sparx Technology Inc
Sparx Technology Inc. engages in the development and distribution of real-time platforms for clients. It also offers broadcast and app integration services that helps news, sports, and entertainment brands to interaction into their programming through a second screen; video on demand services; and Sparx studio platform. Sparx Technology Inc. is based in Vancouver, Canada.