Conn's, Inc.
Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates in two segments, Retail and Credit. The company's stores offer home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges; and furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom… Read more
Conn's, Inc. (CONNQ) - Net Assets
Latest net assets as of January 2024: $435.25 Million USD
Based on the latest financial reports, Conn's, Inc. (CONNQ) has net assets worth $435.25 Million USD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.44 Billion) and total liabilities ($2.01 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 | $435.25 Million |
| % of Total Assets | 17.81% |
| Annual Growth Rate | -7.91% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.5 |
Conn's, Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Conn's, 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 Conn's, Inc. (2021–2024)
The table below shows the annual net assets of Conn's, Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | $435.25 Million | -13.37% |
| 2023-01-31 | $502.41 Million | -18.28% |
| 2022-01-31 | $614.82 Million | +10.35% |
| 2021-01-31 | $557.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Conn's, 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 decreased by 5.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $463.32 Million | 106.45% |
| Total Equity | $435.25 Million | 100.00% |
Conn's, Inc. Competitors by Market Cap
The table below lists competitors of Conn's, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fidelity Emerging Markets Ord
LSE:FEML
|
$1.33K |
|
Evolutionary Genomics Inc
PINK:FNAM
|
$1.33K |
|
Torah Cement
EGX:TORA
|
$1.33K |
|
ConectiSys Corporation
PINK:CONC
|
$1.33K |
|
Sterling Consolidated Corp
PINK:STCC
|
$1.33K |
|
Block Energy PLC
LSE:BLOE
|
$1.33K |
|
TAMBANG BATUBARA-B-
MU:TBA
|
$1.33K |
|
Caffyns PLC
LSE:CFYN
|
$1.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Conn's, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 502,410,000 to 435,252,000, a change of -67,158,000 (-13.4%).
- Net loss of 76,893,000 reduced equity.
- Other factors increased equity by 9,735,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-76.89 Million | -17.67% |
| Other Changes | $9.73 Million | +2.24% |
| Total Change | $- | -13.37% |
Book Value vs Market Value Analysis
This analysis compares Conn's, 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: 0.00x
- 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 |
|---|---|---|---|
| 2021-01-31 | $19.06 | $0.00 | x |
| 2022-01-31 | $22.83 | $0.00 | x |
| 2023-01-31 | $20.96 | $0.00 | x |
| 2024-01-31 | $17.70 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Conn's, 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): -17.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.21%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 5.62x
- Recent ROE (-17.67%) is below the historical average (-3.11%), 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 | -0.56% | -0.23% | 0.79x | 3.15x | $-58.85 Million |
| 2022 | 17.60% | 6.81% | 0.91x | 2.85x | $46.72 Million |
| 2023 | -11.80% | -4.42% | 0.78x | 3.42x | $-109.53 Million |
| 2024 | -17.67% | -6.21% | 0.51x | 5.62x | $-120.42 Million |
Industry Comparison
This section compares Conn's, Inc.'s net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Conn's, Inc. (CONNQ) | $435.25 Million | -0.56% | 4.62x | $1.33K |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |