Winmark Corporation
Winmark Corporation, a resale company, operates as a franchisor for small business in the United States and Canada. It franchises retail stores concepts that buys, sells, and trades in merchandise. The company also operates middle-market equipment leasing business under the Winmark Capital name. In addition, it buys and sells used clothing and accessories geared toward the teenage and young adult… Read more
Winmark Corporation (WINA) - Net Assets
Latest net assets as of September 2025: $-26.34 Million USD
Based on the latest financial reports, Winmark Corporation (WINA) has net assets worth $-26.34 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($53.75 Million) and total liabilities ($80.09 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 | $-26.34 Million |
| % of Total Assets | -49.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 78.54 |
Winmark Corporation - Net Assets Trend (1993–2024)
This chart illustrates how Winmark Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Winmark Corporation (1993–2024)
The table below shows the annual net assets of Winmark Corporation from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-51.05 Million | +13.71% |
| 2023-12-31 | $-59.16 Million | +4.02% |
| 2022-12-31 | $-61.63 Million | -57.69% |
| 2021-12-31 | $-39.08 Million | -243.48% |
| 2020-12-31 | $-11.38 Million | -191.41% |
| 2019-12-31 | $12.45 Million | +358.88% |
| 2018-12-31 | $-4.81 Million | +84.33% |
| 2017-12-31 | $-30.68 Million | -290.71% |
| 2016-12-31 | $-7.85 Million | +74.40% |
| 2015-12-31 | $-30.67 Million | -241.95% |
| 2014-12-31 | $21.61 Million | -43.35% |
| 2013-12-31 | $38.14 Million | +112.77% |
| 2012-12-31 | $17.93 Million | -48.94% |
| 2011-12-31 | $35.11 Million | +52.56% |
| 2010-12-31 | $23.01 Million | +50.13% |
| 2009-12-31 | $15.33 Million | +10.35% |
| 2008-12-31 | $13.89 Million | +9.65% |
| 2007-12-31 | $12.67 Million | -19.59% |
| 2006-12-31 | $15.76 Million | -29.31% |
| 2005-12-31 | $22.29 Million | +3.38% |
| 2004-12-31 | $21.56 Million | +39.94% |
| 2003-12-31 | $15.41 Million | +29.45% |
| 2002-12-31 | $11.90 Million | +79.76% |
| 2001-12-31 | $6.62 Million | +90.97% |
| 2000-12-31 | $3.47 Million | +19.54% |
| 1999-12-31 | $2.90 Million | -71.57% |
| 1998-12-31 | $10.20 Million | -41.71% |
| 1997-12-31 | $17.50 Million | -1.13% |
| 1996-12-31 | $17.70 Million | -16.51% |
| 1995-12-31 | $21.20 Million | -2.30% |
| 1994-12-31 | $21.70 Million | +9.60% |
| 1993-12-31 | $19.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Winmark Corporation'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 8329.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.79 Million | % |
| Total Equity | $-51.05 Million | 100.00% |
Winmark Corporation Competitors by Market Cap
The table below lists competitors of Winmark Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ferrotec Corporation
F:FER
|
$1.19 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
$1.19 Billion |
|
Port of Tauranga Limited
OTCGREY:PTAUF
|
$1.19 Billion |
|
Nuscale Power Corp
NYSE:SMR
|
$1.19 Billion |
|
Pharma Mar SAU
PINK:PHMMF
|
$1.19 Billion |
|
Guangdong Baolihua New Energy Stock Co LTD
SHE:000690
|
$1.19 Billion |
|
SO.NA.GA.N.R.GDR REGS LN1
F:RZ8G
|
$1.19 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
$1.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winmark Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -59,156,100 to -51,046,100, a change of 8,110,000.
- Net income of 39,954,200 contributed positively to equity growth.
- Dividend payments of 38,865,900 reduced retained earnings.
- Other factors increased equity by 7,021,700.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $39.95 Million | +78.27% |
| Dividends Paid | $38.87 Million | -76.14% |
| Other Changes | $7.02 Million | +13.76% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Winmark Corporation'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 |
|---|---|---|---|
| 1993-12-31 | $3.96 | $431.31 | x |
| 1994-12-31 | $2.95 | $431.31 | x |
| 1995-12-31 | $2.97 | $431.31 | x |
| 1996-12-31 | $2.71 | $431.31 | x |
| 1997-12-31 | $2.84 | $431.31 | x |
| 1998-12-31 | $1.75 | $431.31 | x |
| 1999-12-31 | $0.56 | $431.31 | x |
| 2000-12-31 | $0.64 | $431.31 | x |
| 2001-12-31 | $1.14 | $431.31 | x |
| 2002-12-31 | $1.96 | $431.31 | x |
| 2003-12-31 | $2.44 | $431.31 | x |
| 2004-12-31 | $3.32 | $431.31 | x |
| 2005-12-31 | $3.51 | $431.31 | x |
| 2006-12-31 | $2.62 | $431.31 | x |
| 2007-12-31 | $2.27 | $431.31 | x |
| 2008-12-31 | $2.51 | $431.31 | x |
| 2009-12-31 | $2.87 | $431.31 | x |
| 2010-12-31 | $4.42 | $431.31 | x |
| 2011-12-31 | $6.70 | $431.31 | x |
| 2012-12-31 | $3.42 | $431.31 | x |
| 2013-12-31 | $7.28 | $431.31 | x |
| 2014-12-31 | $4.14 | $431.31 | x |
| 2015-12-31 | $-6.59 | $431.31 | x |
| 2016-12-31 | $-1.81 | $431.31 | x |
| 2017-12-31 | $-7.07 | $431.31 | x |
| 2018-12-31 | $-1.16 | $431.31 | x |
| 2019-12-31 | $3.04 | $431.31 | x |
| 2020-12-31 | $-2.95 | $431.31 | x |
| 2021-12-31 | $-10.26 | $431.31 | x |
| 2022-12-31 | $-17.16 | $431.31 | x |
| 2023-12-31 | $-16.25 | $431.31 | x |
| 2024-12-31 | $-13.92 | $431.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winmark Corporation 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: 49.15%
- • Asset Turnover: 3.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (18.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 1.52% | 0.58% | 1.63x | 1.61x | $-1.68 Million |
| 1994 | 6.45% | 1.67% | 2.11x | 1.82x | $-770.00K |
| 1995 | 9.43% | 2.00% | 2.95x | 1.60x | $-120.00K |
| 1996 | 14.69% | 2.84% | 3.13x | 1.65x | $830.00K |
| 1997 | 18.29% | 3.60% | 2.35x | 2.16x | $1.45 Million |
| 1998 | 70.59% | 7.47% | 2.24x | 4.23x | $6.18 Million |
| 1999 | -296.55% | -12.91% | 2.25x | 10.21x | $-8.89 Million |
| 2000 | -10.12% | -0.74% | 3.23x | 4.25x | $-697.38K |
| 2001 | 48.30% | 8.86% | 2.94x | 1.86x | $2.54 Million |
| 2002 | 32.17% | 11.46% | 2.07x | 1.36x | $2.64 Million |
| 2003 | 26.05% | 12.84% | 1.63x | 1.24x | $2.47 Million |
| 2004 | 18.93% | 15.01% | 1.10x | 1.15x | $1.93 Million |
| 2005 | 9.42% | 7.90% | 1.00x | 1.19x | $-128.69K |
| 2006 | 21.72% | 12.50% | 0.73x | 2.39x | $1.85 Million |
| 2007 | 24.03% | 9.77% | 0.55x | 4.50x | $1.78 Million |
| 2008 | 8.20% | 3.22% | 0.61x | 4.18x | $-249.72K |
| 2009 | 38.16% | 15.68% | 0.66x | 3.71x | $4.32 Million |
| 2010 | 44.88% | 25.07% | 0.98x | 1.83x | $8.03 Million |
| 2011 | 40.15% | 27.46% | 1.08x | 1.36x | $10.58 Million |
| 2012 | 72.17% | 24.91% | 1.19x | 2.43x | $11.15 Million |
| 2013 | 47.80% | 32.71% | 1.05x | 1.39x | $14.42 Million |
| 2014 | 92.86% | 32.80% | 1.12x | 2.53x | $17.91 Million |
| 2015 | 0.00% | 31.39% | 1.46x | 0.00x | $24.87 Million |
| 2016 | 0.00% | 33.37% | 1.37x | 0.00x | $23.00 Million |
| 2017 | 0.00% | 35.22% | 1.44x | 0.00x | $27.63 Million |
| 2018 | 0.00% | 41.55% | 1.55x | 0.00x | $30.61 Million |
| 2019 | 258.26% | 43.86% | 1.19x | 4.97x | $30.90 Million |
| 2020 | 0.00% | 45.14% | 2.11x | 0.00x | $30.96 Million |
| 2021 | 0.00% | 51.04% | 2.91x | 0.00x | $43.83 Million |
| 2022 | 0.00% | 48.43% | 2.67x | 0.00x | $45.59 Million |
| 2023 | 0.00% | 48.27% | 2.92x | 0.00x | $46.09 Million |
| 2024 | 0.00% | 49.15% | 3.03x | 0.00x | $45.06 Million |
Industry Comparison
This section compares Winmark Corporation'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 |
|---|---|---|---|---|
| Winmark Corporation (WINA) | $-26.34 Million | 1.52% | N/A | $1.19 Billion |
| 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 |