FAST TRACK GROUP (FTRK) - Net Assets
Based on the latest financial reports, FAST TRACK GROUP (FTRK) has net assets worth $11.08 Million USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.08 Million) and total liabilities ($2.00 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. Also explore FTRK total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.08 Million |
| % of Total Assets | 84.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
FAST TRACK GROUP - Net Assets Trend (2023–2026)
This chart illustrates how FAST TRACK GROUP's net assets have evolved over time, based on quarterly financial data. Check FAST TRACK GROUP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for FAST TRACK GROUP (2023–2026)
The table below shows the annual net assets of FAST TRACK GROUP from 2023 to 2026. For live valuation and market cap data, see market cap of FAST TRACK GROUP.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | $11.08 Million | +1019.28% |
| 2025-02-28 | $-1.21 Million | -60.08% |
| 2024-02-29 | $-753.07K | +57.84% |
| 2023-02-28 | $-1.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FAST TRACK GROUP'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 652181200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.00K | 0.26% |
| Other Components | $19.46 Million | 175.61% |
| Total Equity | $11.08 Million | 100.00% |
FAST TRACK GROUP Competitors by Market Cap
The table below lists competitors of FAST TRACK GROUP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aprea Therapeutics Inc
NASDAQ:APRE
|
$7.40 Million |
|
Carver Bancorp Inc
NASDAQ:CARV
|
$7.40 Million |
|
NB Private Equity Partners Ltd
LSE:NBPE
|
$7.41 Million |
|
Advanced Medical Solutions Group plc
LSE:AMS
|
$7.41 Million |
|
HYTN INNOVATIONS INC.
F:85W0
|
$7.39 Million |
|
Turbo Energy, S.A. American Depositary Shares
NASDAQ:TURB
|
$7.39 Million |
|
Stamper Oil & Gas Corp
V:STMP
|
$7.39 Million |
|
DIGIDRIVE DISTRIBUTORS LTD
NSE:DIGIDRIVE
|
$7.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FAST TRACK GROUP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from -1,205,518 to 11,082,060, a change of 12,287,578.
- Net loss of 6,102,710 reduced equity.
- New share issuances of 19,178,265 increased equity.
- Other factors decreased equity by 787,977.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.10 Million | -55.07% |
| Share Issuances | $19.18 Million | +173.06% |
| Other Changes | $-787.98K | -7.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares FAST TRACK GROUP'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: 0.67x
- 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 |
|---|---|---|---|
| 2023-02-28 | $-0.09 | $0.34 | x |
| 2024-02-29 | $-0.04 | $0.34 | x |
| 2025-02-28 | $-0.07 | $0.34 | x |
| 2026-02-28 | $0.51 | $0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FAST TRACK GROUP 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): -55.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -284.23%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.18x
- Recent ROE (-55.07%) is below the historical average (-13.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 0.00% | 62.31% | 0.91x | 0.00x | $208.55K |
| 2024 | 0.00% | 2.58% | 9.65x | 0.00x | $108.65K |
| 2025 | 0.00% | -44.64% | 0.75x | 0.00x | $-331.90K |
| 2026 | -55.07% | -284.23% | 0.16x | 1.18x | $-7.21 Million |
Industry Comparison
This section compares FAST TRACK GROUP's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $448,458,947
- Average return on equity (ROE) among peers: -4.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FAST TRACK GROUP (FTRK) | $11.08 Million | 0.00% | 0.18x | $7.40 Million |
| AI Era Corp. (ABQQD) | $3.07 Million | 47.48% | 1.17x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $83.09 Million | 20.54% | 0.74x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $87.63 Million | 5.23% | 2.89x | $278.32 Million |
| Passat Société Anonyme (ALXIL) | $74.08 Million | 7.02% | 0.87x | $20.25 Million |
| AMC Entertainment Holdings Inc (AMC) | $2.11 Billion | -23.06% | 3.64x | $1.05 Billion |
| AMC Networks Inc (AMCX) | $1.26 Billion | 17.11% | 2.95x | $353.63 Million |
| Anghami De Inc (ANGH) | $58.64 Million | -108.38% | 1.12x | $29.82 Million |
| Angel Studios, Inc. (ANGX) | $-25.78 Million | 0.00% | 0.00x | $545.72 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $296.00 Million | -4.39% | 4.53x | $561.83 Million |
| Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) | $536.22 Million | -5.83% | 1.84x | $2.69 Billion |
About FAST TRACK GROUP
Fast Track Group operates as an entertainment-focused event management and marketing company in the Asia Pacific. It operates in two segments, Live Entertainment and Agency. The Live Entertainment segment organizes and manages concerts and events. Its Agency segment provides agency services for artist endorsements; consultancy services; assistance with event management; and infrastructure and log… Read more