Spine Injury Solutions Inc
The fund under normal circumstances, invests 80% of the fund's net assets (plus any borrowings for investment purposes) in a combination of equity securities of U.S. companies and investments that produce premium income. The fund is non-diversified.
Spine Injury Solutions Inc (SPIN) - Net Assets
Latest net assets as of March 2025: $21.07 Billion USD
Based on the latest financial reports, Spine Injury Solutions Inc (SPIN) has net assets worth $21.07 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.22 Billion) and total liabilities ($2.15 Billion). 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 | $21.07 Billion |
| % of Total Assets | 90.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1193.63% |
| 10-Year Change | 284.72% |
| Growth Volatility | 188.17 |
Spine Injury Solutions Inc - Net Assets Trend (2001–2024)
This chart illustrates how Spine Injury Solutions 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 Spine Injury Solutions Inc (2001–2024)
The table below shows the annual net assets of Spine Injury Solutions Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.49 Million | -- |
| 2021-12-31 | $0.00 | -- |
| 2020-12-31 | $-248.43K | -607.37% |
| 2019-12-31 | $48.96K | -97.05% |
| 2018-12-31 | $1.66 Million | -28.63% |
| 2017-12-31 | $2.33 Million | -14.19% |
| 2016-12-31 | $2.71 Million | -23.22% |
| 2015-12-31 | $3.53 Million | -22.45% |
| 2014-12-31 | $4.56 Million | -18.44% |
| 2013-12-31 | $5.59 Million | -3.89% |
| 2012-12-31 | $5.81 Million | +55.14% |
| 2011-12-31 | $3.75 Million | +111.34% |
| 2010-12-31 | $1.77 Million | +755.50% |
| 2009-12-31 | $-270.48K | +65.22% |
| 2007-12-31 | $-777.76K | +0.11% |
| 2006-12-31 | $-778.59K | -11.05% |
| 2005-12-31 | $-701.15K | -96.75% |
| 2004-12-31 | $-356.36K | +29.76% |
| 2003-12-31 | $-507.38K | +7.88% |
| 2002-12-31 | $-550.80K | -25.47% |
| 2001-12-31 | $-439.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spine Injury Solutions 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 grown by 291663400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.12K | 0.02% |
| Other Components | $26.26 Million | 122.19% |
| Total Equity | $21.49 Million | 100.00% |
Spine Injury Solutions Inc Competitors by Market Cap
The table below lists competitors of Spine Injury Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FLYNN Gold Ltd
AU:FG1
|
$3.37 Million |
|
Larq SA
WAR:LRQ
|
$3.37 Million |
|
Aakash Exploration Services Limited
NSE:AAKASH
|
$3.38 Million |
|
Beardsell Limited
NSE:BEARDSELL
|
$3.38 Million |
|
374WATER INC. DL-0001
F:8LL
|
$3.37 Million |
|
Top Group Software Ltd
TA:TOPG
|
$3.37 Million |
|
Purefun Group AB
ST:PURE
|
$3.36 Million |
|
Hoffmen Cleanindo
JK:KING
|
$3.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spine Injury Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2024, total equity changed from -388,795 to 21,494,092, a change of 21,882,887.
- Net loss of 2,757,687 reduced equity.
- Other factors increased equity by 24,640,574.
Equity Change Factors (2021 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.76 Million | -12.83% |
| Other Changes | $24.64 Million | +114.64% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Spine Injury Solutions 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: 749.63x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $-0.51 | $31.32 | x |
| 2003-12-31 | $-0.19 | $31.32 | x |
| 2004-12-31 | $-0.12 | $31.32 | x |
| 2005-12-31 | $-0.17 | $31.32 | x |
| 2006-12-31 | $-0.13 | $31.32 | x |
| 2007-12-31 | $-0.12 | $31.32 | x |
| 2008-12-31 | $-0.07 | $31.32 | x |
| 2009-12-31 | $-0.02 | $31.32 | x |
| 2010-12-31 | $0.10 | $31.32 | x |
| 2011-12-31 | $0.21 | $31.32 | x |
| 2012-12-31 | $0.32 | $31.32 | x |
| 2013-12-31 | $0.30 | $31.32 | x |
| 2014-12-31 | $0.24 | $31.32 | x |
| 2015-12-31 | $0.18 | $31.32 | x |
| 2016-12-31 | $0.13 | $31.32 | x |
| 2017-12-31 | $0.12 | $31.32 | x |
| 2018-12-31 | $0.08 | $31.32 | x |
| 2019-12-31 | $0.00 | $31.32 | x |
| 2020-12-31 | $-0.01 | $31.32 | x |
| 2021-12-31 | $-0.02 | $31.32 | x |
| 2024-12-31 | $0.04 | $31.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spine Injury Solutions 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): -12.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-12.83%) is above the historical average (-160.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -799.54% | 1.78x | 0.00x | $-539.34K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-177.35K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-188.52K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-684.72K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.56 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.49 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.45K |
| 2009 | 0.00% | -73.32% | 1.82x | 0.00x | $-693.48K |
| 2010 | 62.13% | 32.50% | 1.02x | 1.88x | $924.25K |
| 2011 | 35.09% | 25.23% | 0.83x | 1.69x | $940.30K |
| 2012 | -7.40% | -12.44% | 0.43x | 1.39x | $-1.01 Million |
| 2013 | -11.21% | -18.97% | 0.45x | 1.31x | $-1.18 Million |
| 2014 | -37.15% | -82.69% | 0.34x | 1.34x | $-2.15 Million |
| 2015 | -29.93% | -48.24% | 0.41x | 1.52x | $-1.41 Million |
| 2016 | -27.86% | -35.71% | 0.48x | 1.61x | $-1.03 Million |
| 2017 | -17.44% | -21.88% | 0.47x | 1.71x | $-638.74K |
| 2018 | -40.42% | -36.59% | 0.54x | 2.04x | $-837.81K |
| 2019 | -3293.38% | -770.19% | 0.18x | 23.70x | $-1.62 Million |
| 2020 | 0.00% | -172.88% | 0.60x | 0.00x | $-272.55K |
| 2021 | 0.00% | -57.19% | 3.86x | 0.00x | $-57.71K |
| 2024 | -12.83% | 0.00% | 0.00x | 1.08x | $-4.91 Million |
Industry Comparison
This section compares Spine Injury Solutions Inc's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spine Injury Solutions Inc (SPIN) | $21.07 Billion | 0.00% | 0.10x | $3.37 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |