Red Capital PLC
Red Capital Plc does not have significant operations. It intends to acquire and invest in the business services and technology sectors. The company was incorporated in 2021 and is based in Saint Helier, Jersey.
Red Capital PLC (REDC) - Net Assets
Latest net assets as of December 2024: GBX122.73K GBX
Based on the latest financial reports, Red Capital PLC (REDC) has net assets worth GBX122.73K GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX167.53K) and total liabilities (GBX44.80K). 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 | GBX122.73K |
| % of Total Assets | 73.26% |
| Annual Growth Rate | -45.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.33 |
Red Capital PLC - Net Assets Trend (2021–2024)
This chart illustrates how Red Capital PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Red Capital PLC (2021–2024)
The table below shows the annual net assets of Red Capital PLC from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX122.73K | -65.41% |
| 2023-12-31 | GBX354.81K | -37.56% |
| 2022-12-31 | GBX568.27K | -26.61% |
| 2021-12-31 | GBX774.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Capital PLC'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 65634100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX100.00K | 81.48% |
| Other Comprehensive Income | GBX4.92K | 4.00% |
| Other Components | GBX895.00K | 729.25% |
| Total Equity | GBX122.73K | 100.00% |
Red Capital PLC Competitors by Market Cap
The table below lists competitors of Red Capital PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CT UK High Income Trust Plc
LSE:CHIB
|
$134.02 |
|
Yousaf Weaving Mills Ltd
KAR:YOUW
|
$134.35 |
|
Waitr Holdings Inc
PINK:ASAPQ
|
$135.00 |
|
Leone Asset Management Inc
PINK:LEON
|
$135.86 |
|
SCOA NIGERIA PLC
XNSA:SCOA
|
$133.60 |
|
Anglo Philippine Holdings Corp
PSE:APO
|
$133.50 |
|
SURNF
OTCQB:SURNF
|
$133.19 |
|
Apollomics Inc. Warrant
NASDAQ:APLMW
|
$132.88 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Capital PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 354,810 to 122,729, a change of -232,081 (-65.4%).
- Net loss of 234,000 reduced equity.
- Other comprehensive income increased equity by 1,569.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-234.00K | -190.66% |
| Other Comprehensive Income | GBX1.57K | +1.28% |
| Other Changes | GBX350.00 | +0.29% |
| Total Change | GBX- | -65.41% |
Book Value vs Market Value Analysis
This analysis compares Red Capital PLC'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: 8.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.27x to 8.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | GBX40.27 | GBX11.00 | x |
| 2022-12-31 | GBX56.83 | GBX11.00 | x |
| 2023-12-31 | GBX35.48 | GBX11.00 | x |
| 2024-12-31 | GBX1.23 | GBX11.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Capital PLC 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): -190.66%
- 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: 1.37x
- Recent ROE (-190.66%) is below the historical average (-81.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -37.97% | 0.00% | 0.00x | 1.07x | GBX-371.44K |
| 2022 | -36.54% | 0.00% | 0.00x | 1.09x | GBX-264.49K |
| 2023 | -60.60% | 0.00% | 0.00x | 1.15x | GBX-250.48K |
| 2024 | -190.66% | 0.00% | 0.00x | 1.37x | GBX-246.27K |
Industry Comparison
This section compares Red Capital PLC's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $829,948
- Average return on equity (ROE) among peers: -39.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Capital PLC (REDC) | GBX122.73K | -37.97% | 0.37x | $133.84 |
| Acceler8 Ventures PLC (AC8) | $168.72K | -109.65% | 0.49x | $91.25 |
| Alkemy Capital Investments Plc (ALK) | $-824.59K | 0.00% | 0.00x | $5.48K |
| Alteration Earth PLC (ALTE) | $796.48K | -34.33% | 0.07x | $273.76 |
| ARDANA (ARA) | $779.77K | -0.03% | 0.05x | $44.71 |
| Bay Capital PLC (BAY) | $5.12 Million | -25.54% | 0.19x | $508.89 |
| Beacon Rise Holdings PLC (BRS) | $285.17K | -0.04% | 0.25x | $274.78 |
| EARNZ plc (EARN) | $2.74 Million | -81.47% | 0.31x | $896.10 |
| Electric Guitar PLC (ELEG) | $-912.93K | 0.00% | 0.00x | $125.95 |
| Ikigai Ventures Ltd (IKIV) | $-18.49K | 0.00% | 0.00x | $1.06K |
| Inspirit Energy Holdings Plc (INSP) | $170.00K | -147.65% | 0.70x | $19.06 |