IGEN NETWORKS CORP financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q3 2023.

Symbol
IGEN on OTC
Location
Lake Elsinore, CA
Fiscal year end
31 December
Latest financial report
20 Nov 2023

Quick Takeaways

  • IGEN - IGEN NETWORKS CORP financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q3 2023.
  • Headline metric: Return On Equity 114%.

What Changed

  • Return On Equity YoY change: <span class="text-red-600">-69%</span>.
  • Most recent SEC facts end date: 14 Nov 2023.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2023-11-14) highlights Return On Equity 114.1%, Return On Assets -352.7%, and Operating Margin -552.7%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

31.7/100

Weak Confidence high

Return On Equity

114%

Metric score 100.0/100

Return On Assets

-353%

Metric score 0.0/100

Financial Health

Current Ratio
0.03x
Quick Ratio
0x
Debt to Equity
-1.2x

Strengths

Return On Equity and NetIncomeLoss YoY

Watchpoints

Return On Assets, Operating Margin, and Current Ratio

Key metrics snapshot

Return On Equity

114%

YoY: -69%

Industry median: -0.64% (n=25)

View history

Return On Assets

-353%

YoY: -19%

Industry median: -6.8% (n=24)

View history

Operating Margin

-553%

YoY: -44%

Industry median: -5.5% (n=21)

View history

Current Ratio

0.03x

YoY: -81%

Industry median: 1.29x (n=25)

View history

Quick Ratio

0x

YoY: -100%

Industry median: 0.88x (n=21)

View history

Debt-to-equity

-1.2x

YoY: -35%

Industry median: 1.04x (n=17)

View history

Revenues YoY

-44%

YoY:

Industry median: -3.2% (n=21)

View history

NetIncomeLoss YoY

57%

YoY:

Industry median: -12% (n=23)

View history

Profitability

Metric Latest value YoY change
Return On Equity 114% -69%
Return On Assets -353% -19%
Operating Margin -553% -44%

Financial Health

Metric Latest value YoY change
Current Ratio 0.03x -81%
Quick Ratio 0x -100%
Debt-to-equity -1.2x -35%

Growth

Metric Latest value YoY change
Revenues YoY -44%
NetIncomeLoss YoY 57%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 3,234,606,010 +89%
Common Stock, Shares, Outstanding 2,800,191,077 +78%
Common Stock, Value, Issued $2,800,192 +66%

Additional Metrics

Metric Latest value YoY change
Operating Income (Loss) $992,102 +68%
Inventory, Net $33,319 -31%
Assets, Current $33,319 -77%
Operating Lease, Right-of-Use Asset $0 -100%
Goodwill $0 -100%
Assets $33,319 -95%
Liabilities, Current $1,248,117 +22%
Operating Lease, Liability, Noncurrent $0 -100%
Liabilities $1,454,539 +3.2%
Retained Earnings (Accumulated Deficit) $21,234,777 -7.6%
Stockholders' Equity Attributable to Parent $1,449,184 -69%
Liabilities and Equity $33,319 -95%
Common Stock, Shares Authorized 3,500,000,000 +85%
Common Stock, Shares, Issued 2,800,191,077 +78%
Common Stock, Par or Stated Value Per Share 0 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $0 -100%
Preferred Stock, Shares Authorized 10,000,000 0%
Additional Paid in Capital $16,981,651 -1.2%
Interest Expense $198,532 +114%
Preferred Stock, Par or Stated Value Per Share 0 0%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY