Consolidated Communications
Consolidated Communications Holdings, Inc., together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access, SIP trunking, and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in various markets, including Ethernet ser… Read more
Consolidated Communications (CNSL) - Net Assets
Latest net assets as of September 2024: $643.39 Million USD
Based on the latest financial reports, Consolidated Communications (CNSL) has net assets worth $643.39 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.72 Billion) and total liabilities ($3.07 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 | $643.39 Million |
| % of Total Assets | 17.31% |
| Annual Growth Rate | 6.94% |
| 5-Year Change | 124.44% |
| 10-Year Change | 138.4% |
| Growth Volatility | 79.4 |
Consolidated Communications - Net Assets Trend (2001–2023)
This chart illustrates how Consolidated Communications's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Consolidated Communications (2001–2023)
The table below shows the annual net assets of Consolidated Communications from 2001 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $779.36 Million | -25.45% |
| 2022-12-31 | $1.05 Billion | +25.00% |
| 2021-12-31 | $836.38 Million | +114.88% |
| 2020-12-31 | $389.23 Million | +12.09% |
| 2019-12-31 | $347.25 Million | -16.46% |
| 2018-12-31 | $415.65 Million | -27.58% |
| 2017-12-31 | $573.94 Million | +225.63% |
| 2016-12-31 | $176.25 Million | -29.69% |
| 2015-12-31 | $250.70 Million | -23.31% |
| 2014-12-31 | $326.91 Million | +114.60% |
| 2013-12-31 | $152.34 Million | +11.93% |
| 2012-12-31 | $136.10 Million | +184.67% |
| 2011-12-31 | $47.81 Million | -33.48% |
| 2010-12-31 | $71.88 Million | -10.95% |
| 2009-12-31 | $80.72 Million | +7.22% |
| 2008-12-31 | $75.28 Million | -52.85% |
| 2007-12-31 | $159.69 Million | +34.58% |
| 2006-12-31 | $118.65 Million | -41.32% |
| 2005-12-31 | $202.20 Million | +1325.17% |
| 2004-12-31 | $-16.50 Million | -371.54% |
| 2003-12-31 | $-3.50 Million | -102.01% |
| 2002-12-31 | $174.50 Million | -2.02% |
| 2001-12-31 | $178.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Consolidated Communications'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 26238000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.16 Million | 0.15% |
| Other Comprehensive Income | $-21.87 Million | -2.84% |
| Other Components | $1.05 Billion | 136.71% |
| Total Equity | $771.26 Million | 100.00% |
Consolidated Communications Competitors by Market Cap
The table below lists competitors of Consolidated Communications ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Laekna, Inc.
F:4U4
|
$359.35 Million |
|
Ichia Technologies Inc
TW:2402
|
$359.51 Million |
|
Timbercreek Financial Corp
PINK:TBCRF
|
$359.55 Million |
|
Der International Home Furnishing Co Ltd
SHE:002631
|
$359.59 Million |
|
Nederman Holding AB (publ)
PINK:NHOXF
|
$359.24 Million |
|
Actblue Co Ltd
SHE:300816
|
$359.19 Million |
|
Shanghai Newtouch Software Co. Ltd. A
SHG:688590
|
$359.08 Million |
|
Yieh Phui Enterprise Co Ltd
TW:2023
|
$359.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Consolidated Communications's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,037,798,000 to 771,257,000, a change of -266,541,000 (-25.7%).
- Net loss of 250,514,000 reduced equity.
- Share repurchases of 2,378,000 reduced equity.
- Other comprehensive income decreased equity by 21,262,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-250.51 Million | -32.48% |
| Share Repurchases | $2.38 Million | -0.31% |
| Other Comprehensive Income | $-21.26 Million | -2.76% |
| Other Changes | $7.61 Million | +0.99% |
| Total Change | $- | -25.68% |
Book Value vs Market Value Analysis
This analysis compares Consolidated Communications'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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $6.00 | $4.72 | x |
| 2002-12-31 | $5.88 | $4.72 | x |
| 2003-12-31 | $-0.39 | $4.72 | x |
| 2004-12-31 | $-2.09 | $4.72 | x |
| 2005-12-31 | $6.71 | $4.72 | x |
| 2006-12-31 | $4.07 | $4.72 | x |
| 2007-12-31 | $5.98 | $4.72 | x |
| 2008-12-31 | $2.39 | $4.72 | x |
| 2009-12-31 | $2.52 | $4.72 | x |
| 2010-12-31 | $2.25 | $4.72 | x |
| 2011-12-31 | $1.42 | $4.72 | x |
| 2012-12-31 | $3.31 | $4.72 | x |
| 2013-12-31 | $3.72 | $4.72 | x |
| 2014-12-31 | $6.44 | $4.72 | x |
| 2015-12-31 | $4.90 | $4.72 | x |
| 2016-12-31 | $3.40 | $4.72 | x |
| 2017-12-31 | $9.41 | $4.72 | x |
| 2018-12-31 | $5.80 | $4.72 | x |
| 2019-12-31 | $4.81 | $4.72 | x |
| 2020-12-31 | $5.26 | $4.72 | x |
| 2021-12-31 | $9.50 | $4.72 | x |
| 2022-12-31 | $9.29 | $4.72 | x |
| 2023-12-31 | $6.82 | $4.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Consolidated Communications 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): -32.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.57%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 4.70x
- Recent ROE (-32.48%) is below the historical average (7.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.71% | 5.71% | 0.46x | 1.40x | $-11.21 Million |
| 2002 | 4.58% | 7.28% | 0.46x | 1.35x | $-9.45 Million |
| 2003 | 0.00% | 4.16% | 0.42x | 0.00x | $5.85 Million |
| 2004 | 0.00% | -0.42% | 0.27x | 0.00x | $736.50K |
| 2005 | -2.24% | -1.39% | 0.34x | 4.75x | $-24.38 Million |
| 2006 | 11.54% | 4.14% | 0.36x | 7.74x | $1.77 Million |
| 2007 | 7.35% | 3.47% | 0.25x | 8.40x | $-4.11 Million |
| 2008 | 17.84% | 2.99% | 0.34x | 17.71x | $5.49 Million |
| 2009 | 33.43% | 6.13% | 0.33x | 16.42x | $17.45 Million |
| 2010 | 48.68% | 8.50% | 0.32x | 18.07x | $25.90 Million |
| 2011 | 62.41% | 7.06% | 0.31x | 28.22x | $22.18 Million |
| 2012 | 4.27% | 1.12% | 0.28x | 13.60x | $-7.55 Million |
| 2013 | 20.84% | 5.12% | 0.34x | 11.82x | $16.03 Million |
| 2014 | 4.68% | 2.37% | 0.29x | 6.89x | $-17.14 Million |
| 2015 | -0.36% | -0.11% | 0.36x | 8.71x | $-25.45 Million |
| 2016 | 8.73% | 2.01% | 0.36x | 12.24x | $-2.16 Million |
| 2017 | 11.43% | 6.13% | 0.28x | 6.54x | $8.12 Million |
| 2018 | -12.41% | -3.63% | 0.40x | 8.63x | $-91.81 Million |
| 2019 | -5.85% | -1.49% | 0.39x | 9.95x | $-54.02 Million |
| 2020 | 9.67% | 2.84% | 0.37x | 9.17x | $-1.28 Million |
| 2021 | -12.87% | -8.32% | 0.35x | 4.48x | $-189.62 Million |
| 2022 | -17.12% | -14.92% | 0.31x | 3.75x | $-281.48 Million |
| 2023 | -32.48% | -22.57% | 0.31x | 4.70x | $-327.64 Million |
Industry Comparison
This section compares Consolidated Communications's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Consolidated Communications (CNSL) | $643.39 Million | 3.71% | 4.78x | $359.25 Million |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |