Devmar Equities Inc
DevMar Equities, Inc. engages in the real estate acquisition and development of multifamily/mixed-use and hospitality projects in urban locations with a focus in Florida. The company was formerly known as La Cortez Energy, Inc. and changed its name to DevMar Equities, Inc. in February 2019. DevMar Equities, Inc. was incorporated in 2006 and is based in Birmingham, Michigan.
Devmar Equities Inc (DEVM) - Total Assets
Latest total assets as of March 2022: $357.00 USD
Based on the latest financial reports, Devmar Equities Inc (DEVM) holds total assets worth $357.00 USD as of March 2022.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Devmar Equities Inc - Total Assets Trend (2006–2021)
This chart illustrates how Devmar Equities Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Devmar Equities Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Devmar Equities Inc's total assets of $357.00 consist of 200.0% current assets and -100.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2021)
This chart illustrates how Devmar Equities Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Devmar Equities Inc's current assets represent 200.0% of total assets in 2021, an increase from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2021, up from 97.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Devmar Equities Inc Competitors by Total Assets
Key competitors of Devmar Equities Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Devmar Equities Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Devmar Equities Inc generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Devmar Equities Inc is currently not profitable relative to its asset base.
Devmar Equities Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.08 | 1.36 | 0.68 |
| Quick Ratio | 2.08 | 1.36 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.60 Million | $ 2.01 Million | $ -5.08K |
Devmar Equities Inc - Advanced Valuation Insights
This section examines the relationship between Devmar Equities Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.01 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.8% |
| Total Assets | $357.00 |
| Market Capitalization | $1.97 USD |
Valuation Analysis
Below Book Valuation: The market values Devmar Equities Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Devmar Equities Inc's assets decreased by 7.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Devmar Equities Inc (2006–2021)
The table below shows the annual total assets of Devmar Equities Inc from 2006 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $357.00 | -7.75% |
| 2020-12-31 | $387.00 | -19.04% |
| 2019-12-31 | $478.00 | -98.35% |
| 2018-12-31 | $28.97K | -99.82% |
| 2011-12-31 | $16.14 Million | -45.62% |
| 2010-12-31 | $29.68 Million | +275.93% |
| 2009-12-31 | $7.90 Million | +13.03% |
| 2008-12-31 | $6.99 Million | +457940.46% |
| 2007-12-31 | $1.52K | -92.51% |
| 2006-12-31 | $20.36K | -- |