RDE, Inc. Common Stock
RDE, Inc. owns and operates a restaurant deal space in the United States. The company operates Restaurant.com that connects digital consumers, businesses, and communities with dining and merchant deal options at approximately 182,500 restaurants and retailers to approximately 7.8 million customers. It sells discount certificates for restaurants, as well as complementary entertainment and travel o… Read more
RDE, Inc. Common Stock (RSTN) - Net Assets
Latest net assets as of June 2024: $23.82 Million USD
Based on the latest financial reports, RDE, Inc. Common Stock (RSTN) has net assets worth $23.82 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.46 Million) and total liabilities ($16.64 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $23.82 Million |
| % of Total Assets | 58.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | 352.99% |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
RDE, Inc. Common Stock - Net Assets Trend (2016–2023)
This chart illustrates how RDE, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RDE, Inc. Common Stock (2016–2023)
The table below shows the annual net assets of RDE, Inc. Common Stock from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $24.32 Million | +897.67% |
| 2022-12-31 | $-3.05 Million | -0.97% |
| 2021-12-31 | $-3.02 Million | +61.41% |
| 2019-12-31 | $-7.83 Million | -245.76% |
| 2018-12-31 | $5.37 Million | +392.27% |
| 2017-12-31 | $-1.84 Million | -266.46% |
| 2016-12-31 | $-501.29K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RDE, Inc. Common Stock'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 6855212100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $93.78 Million | 385.60% |
| Total Equity | $24.32 Million | 100.00% |
RDE, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of RDE, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neo-Neon Holdings Limited
TW:911868
|
$21.49 Million |
|
Eskay Mining Corp
PINK:ESKYF
|
$21.49 Million |
|
Fine Blanking & Tool Co Ltd
TWO:4535
|
$21.49 Million |
|
Ugint Co Ltd
KQ:195990
|
$21.50 Million |
|
MARINOMED BIOTECH AG INH.
F:93Z
|
$21.48 Million |
|
MOULINVEST EO 120
F:7W5
|
$21.47 Million |
|
Componenta Corp
HE:CTH1V
|
$21.47 Million |
|
SIMEC Atlantis Energy Limited
PINK:SMAYF
|
$21.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RDE, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,049,017 to 24,321,194, a change of 27,370,211.
- Net loss of 124,545 reduced equity.
- Other factors increased equity by 27,494,756.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-124.55K | -0.51% |
| Other Changes | $27.49 Million | +113.05% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares RDE, Inc. Common Stock'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: 1.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $-3.28 | $1.42 | x |
| 2017-12-31 | $-11.01 | $1.42 | x |
| 2018-12-31 | $3.47 | $1.42 | x |
| 2019-12-31 | $-1.98 | $1.42 | x |
| 2021-12-31 | $-0.22 | $1.42 | x |
| 2022-12-31 | $-0.22 | $1.42 | x |
| 2023-12-31 | $1.01 | $1.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RDE, Inc. Common Stock 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): -0.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.14%
- • Asset Turnover: 2.18x
- • Equity Multiplier: 1.63x
- Recent ROE (-0.51%) is above the historical average (-1.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $27.14K |
| 2017 | 0.00% | -19000.00% | 0.13x | 0.00x | $-1.15 Million |
| 2018 | -12.61% | -119.40% | 0.05x | 2.22x | $-1.21 Million |
| 2019 | 0.00% | -370.32% | 7.06x | 0.00x | $-14.56 Million |
| 2021 | 0.00% | -150.18% | 1.32x | 0.00x | $-4.69 Million |
| 2022 | 0.00% | -31.35% | 2.82x | 0.00x | $-1.09 Million |
| 2023 | -0.51% | -0.14% | 2.18x | 1.63x | $-2.56 Million |
Industry Comparison
This section compares RDE, Inc. Common Stock's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,625,500,796
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RDE, Inc. Common Stock (RSTN) | $23.82 Million | 0.00% | 0.70x | $21.48 Million |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.27 Million |
| ApartmentLove Inc (APMLF) | $-12.38K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $35.83 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $636.50 |
| BDCTF (BDCTF) | $3.15 Million | -39.54% | 7.80x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |