Sacks Parente Golf, Inc. Common Stock (SPGC) - Net Assets
Based on the latest financial reports, Sacks Parente Golf, Inc. Common Stock (SPGC) has net assets worth $6.20 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 ($8.23 Million) and total liabilities ($2.03 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 SPGC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.20 Million |
| % of Total Assets | 75.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sacks Parente Golf, Inc. Common Stock - Net Assets Trend (2020–2024)
This chart illustrates how Sacks Parente Golf, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Sacks Parente Golf, Inc. Common Stock to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sacks Parente Golf, Inc. Common Stock (2020–2024)
The table below shows the annual net assets of Sacks Parente Golf, Inc. Common Stock from 2020 to 2024. For live valuation and market cap data, see Sacks Parente Golf, Inc. Common Stock market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-5.19 Million | -189.59% |
| 2023-12-31 | $5.79 Million | +407.65% |
| 2022-12-31 | $-1.88 Million | -30.97% |
| 2021-12-31 | $-1.44 Million | -23.88% |
| 2020-12-31 | $-1.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sacks Parente Golf, 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 2206711500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | % |
| Other Components | $22.06 Billion | % |
| Total Equity | $-5.19 Million | 100.00% |
Sacks Parente Golf, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Sacks Parente Golf, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Time Finance PLC
LSE:TIME
|
$535.43K |
|
Waverley Pharma Inc
V:WAVE
|
$540.00K |
|
Inventis Ltd
AU:IVT
|
$540.75K |
|
Bharatiya Global Infomedia Limited
NSE:BGLOBAL
|
$541.43K |
|
Steppe Cement
LSE:STCM
|
$532.92K |
|
J Smart Co Contractors PLC
LSE:SMJ
|
$531.41K |
|
Gelion PLC
LSE:GELN
|
$530.20K |
|
Galileo Tech Ltd
TA:GLTC
|
$526.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sacks Parente Golf, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,790,000 to -5,187,000, a change of -10,977,000 (-189.6%).
- Net loss of 11,752,000 reduced equity.
- New share issuances of 7,793,000 increased equity.
- Other factors decreased equity by 7,018,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.75 Million | -226.57% |
| Share Issuances | $7.79 Million | +150.24% |
| Other Changes | $-7.02 Million | -135.3% |
| Total Change | $- | -189.59% |
Book Value vs Market Value Analysis
This analysis compares Sacks Parente Golf, 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.08 | $1.80 | x |
| 2021-12-31 | $-0.10 | $1.80 | x |
| 2022-12-31 | $-0.13 | $1.80 | x |
| 2023-12-31 | $0.47 | $1.80 | x |
| 2024-12-31 | $-4.30 | $1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sacks Parente Golf, 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -341.13%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-15.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -263.19% | 0.91x | 0.00x | $-363.00K |
| 2021 | 0.00% | -151.00% | 0.76x | 0.00x | $-158.30K |
| 2022 | 0.00% | -1844.74% | 0.27x | 0.00x | $-3.32 Million |
| 2023 | -79.88% | -1325.21% | 0.05x | 1.10x | $-5.20 Million |
| 2024 | 0.00% | -341.13% | 0.35x | 0.00x | $-11.23 Million |
Industry Comparison
This section compares Sacks Parente Golf, Inc. Common Stock's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $707,265,992
- Average return on equity (ROE) among peers: 7.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sacks Parente Golf, Inc. Common Stock (SPGC) | $6.20 Million | 0.00% | 0.33x | $534.93K |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.25 Million | 30.97% | 2.81x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $124.57 Million |
| Amer Sports, Inc. (AS) | $5.82 Billion | 7.34% | 0.73x | $20.07 Billion |
| Callaway Golf Company (CALY) | $284.62 Million | -6.65% | 1.33x | $2.98 Billion |
| Clarus Corp (CLAR) | $86.38 Million | -2.78% | 0.01x | $110.33 Million |
| Dogness International Corp Class A (DOGZ) | $51.51 Million | -16.39% | 0.23x | $6.75 Million |
| Escalade Incorporated (ESCA) | $8.70 Million | 12.64% | 1.36x | $252.08 Million |
| Funko Inc (FNKO) | $282.88 Million | 1.56% | 1.27x | $302.93 Million |
| Six Flags Entertainment Corporation (FUN) | $308.89 Million | 27.81% | 1.65x | $2.29 Billion |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $49.61 Million | 28.88% | 0.47x | $31.94 Million |
About Sacks Parente Golf, Inc. Common Stock
Newton Golf Company, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting g… Read more