FlexShopper Inc (FPAY) - Net Assets
Based on the latest financial reports, FlexShopper Inc (FPAY) has net assets worth $33.15 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($209.51 Million) and total liabilities ($176.36 Million). 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. Check FlexShopper Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.15 Million |
| % of Total Assets | 15.82% |
| Annual Growth Rate | 27.85% |
| 5-Year Change | 197.2% |
| 10-Year Change | 437.45% |
| Growth Volatility | 237.06 |
FlexShopper Inc - Net Assets Trend (2006–2024)
This chart illustrates how FlexShopper Inc's net assets have evolved over time, based on quarterly financial data. Also explore FPAY current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for FlexShopper Inc (2006–2024)
The table below shows the annual net assets of FlexShopper Inc from 2006 to 2024. For live valuation and market cap data, see FPAY market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.15 Million | +13.41% |
| 2023-12-31 | $29.23 Million | -5.81% |
| 2022-12-31 | $31.03 Million | +92.24% |
| 2021-12-31 | $16.14 Million | +44.73% |
| 2020-12-31 | $11.15 Million | +11.90% |
| 2019-12-31 | $9.97 Million | +17.37% |
| 2018-12-31 | $8.49 Million | +34.29% |
| 2017-12-31 | $6.32 Million | -56.46% |
| 2016-12-31 | $14.53 Million | +135.50% |
| 2015-12-31 | $6.17 Million | -2.59% |
| 2014-12-31 | $6.33 Million | +107.19% |
| 2013-12-31 | $3.06 Million | +13.27% |
| 2012-12-31 | $2.70 Million | +17.93% |
| 2011-12-31 | $2.29 Million | +13.88% |
| 2010-12-31 | $2.01 Million | -25.14% |
| 2009-12-31 | $2.68 Million | -27.06% |
| 2008-12-31 | $3.68 Million | -18.61% |
| 2007-12-31 | $4.52 Million | +1035.82% |
| 2006-12-31 | $398.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to FlexShopper 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 3592589500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.52K | 0.01% |
| Other Components | $69.15 Million | 208.60% |
| Total Equity | $33.15 Million | 100.00% |
FlexShopper Inc Competitors by Market Cap
The table below lists competitors of FlexShopper Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Conn's, Inc.
NASDAQ:CONNQ
|
$2.49K |
|
CI Com SA
SW:CIE
|
$2.55K |
|
TTW Public Company Limited
F:F1P
|
$2.56K |
|
Ordinary Fully Paid Deferred Settlement
AU:IMUDA
|
$2.61K |
|
SOL GLOBAL INVESTM. CORP
F:9SB
|
$2.30K |
|
An Pha Petroleum Group JSC
VN:ASP
|
$2.16K |
|
Bank JTrust Indonesia Tbk PT
JK:BCIC
|
$2.13K |
|
Tali Resources Ltd
AU:TR2
|
$2.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FlexShopper Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,230,773 to 33,150,000, a change of 3,919,227 (13.4%).
- Net loss of 179,269 reduced equity.
- Share repurchases of 397,234 reduced equity.
- Other comprehensive income increased equity by 851,660.
- Other factors increased equity by 3,644,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-179.27K | -0.54% |
| Share Repurchases | $397.23K | -1.2% |
| Other Comprehensive Income | $851.66K | +2.57% |
| Other Changes | $3.64 Million | +10.99% |
| Total Change | $- | 13.41% |
Book Value vs Market Value Analysis
This analysis compares FlexShopper 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 |
|---|---|---|---|
| 2006-12-31 | $0.36 | $0.00 | x |
| 2007-12-31 | $4.06 | $0.00 | x |
| 2008-12-31 | $2.89 | $0.00 | x |
| 2009-12-31 | $1.80 | $0.00 | x |
| 2010-12-31 | $0.98 | $0.00 | x |
| 2011-12-31 | $1.12 | $0.00 | x |
| 2012-12-31 | $1.30 | $0.00 | x |
| 2013-12-31 | $1.45 | $0.00 | x |
| 2014-12-31 | $1.81 | $0.00 | x |
| 2015-12-31 | $1.18 | $0.00 | x |
| 2016-12-31 | $2.75 | $0.00 | x |
| 2017-12-31 | $1.19 | $0.00 | x |
| 2018-12-31 | $0.99 | $0.00 | x |
| 2019-12-31 | $0.56 | $0.00 | x |
| 2020-12-31 | $0.53 | $0.00 | x |
| 2021-12-31 | $0.70 | $0.00 | x |
| 2022-12-31 | $1.38 | $0.00 | x |
| 2023-12-31 | $1.22 | $0.00 | x |
| 2024-12-31 | $1.54 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FlexShopper 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): -0.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.13%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 6.32x
- Recent ROE (-0.54%) is above the historical average (-31.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 35.64% | 25.39% | 1.01x | 1.39x | $102.08K |
| 2007 | -23.15% | -175.70% | 0.11x | 1.15x | $-1.50 Million |
| 2008 | -34.45% | -98.81% | 0.25x | 1.42x | $-1.64 Million |
| 2009 | -79.28% | -118.95% | 0.19x | 3.44x | $-2.13 Million |
| 2010 | -18.81% | -22.39% | 0.21x | 4.05x | $-578.84K |
| 2011 | 12.03% | 14.58% | 0.27x | 3.01x | $46.42K |
| 2012 | 14.04% | 18.42% | 0.26x | 2.94x | $109.04K |
| 2013 | -22.70% | -35.07% | 0.31x | 2.12x | $-999.31K |
| 2014 | -58.91% | -74.39% | 0.59x | 1.34x | $-4.36 Million |
| 2015 | -142.53% | -42.51% | 1.18x | 2.83x | $-9.41 Million |
| 2016 | -84.36% | -25.75% | 1.63x | 2.01x | $-13.71 Million |
| 2017 | -131.73% | -12.43% | 1.97x | 5.38x | $-8.96 Million |
| 2018 | -111.40% | -11.17% | 1.74x | 5.73x | $-10.31 Million |
| 2019 | 5.79% | 0.65% | 1.70x | 5.24x | $-419.41K |
| 2020 | -3.05% | -0.33% | 1.50x | 6.12x | $-1.46 Million |
| 2021 | 20.27% | 2.61% | 1.48x | 5.25x | $1.66 Million |
| 2022 | 43.92% | 12.06% | 0.76x | 4.78x | $10.53 Million |
| 2023 | -14.48% | -3.62% | 0.75x | 5.35x | $-7.16 Million |
| 2024 | -0.54% | -0.13% | 0.67x | 6.32x | $-3.49 Million |
Industry Comparison
This section compares FlexShopper Inc's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $683,301,817
- Average return on equity (ROE) among peers: -59.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FlexShopper Inc (FPAY) | $33.15 Million | 35.64% | 5.32x | $2.46K |
| AerCap Holdings NV (AER) | $782.94 Million | 13.92% | 4.00x | $22.94 Billion |
| Senmiao Technology Ltd (AIHS) | $1.47 Million | -589.08% | 9.62x | $5.47 Million |
| Air Lease Corporation (AL) | $2.52 Billion | 7.55% | 2.70x | $7.24 Billion |
| Alta Equipment Group Inc (ALTG) | $149.70 Million | 5.95% | 9.49x | $214.04 Million |
| TOUAX (ALTOU) | $120.80 Million | 4.85% | 2.92x | $28.40 Million |
| Avis Budget Group Inc (CAR) | $34.90 Million | 8.02% | 1.28x | $6.55 Billion |
| Custom Truck One Source Inc (CTOS) | $-12.13 Million | 0.00% | 0.00x | $1.45 Billion |
| FTAI Aviation Ltd. (FTAI) | $713.50 Million | 1.09% | 0.97x | $24.61 Billion |
| GATX Corporation (GATX) | $1.84 Billion | 11.51% | 3.62x | $6.84 Billion |
About FlexShopper Inc
FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories. It also provides payment options to consumers. Th… Read more