Idle Media Inc
Idle Media Inc. operates as an online media and entertainment company. It primarily owns and operates DatPiff, the source for new music and the collection of mixtapes on the Web. The company was founded in 2008 and is based in Leesport, Pennsylvania. Idle Media, Inc. operates as a subsidiary of Zoeter, LLC.
Idle Media Inc (IDLM) - Net Assets
Latest net assets as of June 2013: $417.29K USD
Based on the latest financial reports, Idle Media Inc (IDLM) has net assets worth $417.29K USD as of June 2013.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($881.65K) and total liabilities ($464.36K). 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 | $417.29K |
| % of Total Assets | 47.33% |
| Annual Growth Rate | 47.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 90.45 |
Idle Media Inc - Net Assets Trend (2009–2012)
This chart illustrates how Idle Media Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Idle Media Inc (2009–2012)
The table below shows the annual net assets of Idle Media Inc from 2009 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-09-30 | $476.66K | -36.88% |
| 2011-09-30 | $755.16K | +80.29% |
| 2010-09-30 | $418.85K | +184.55% |
| 2009-09-30 | $147.20K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Idle Media 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 1226.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $64.75K | 13.58% |
| Other Components | $1.62 Million | 339.71% |
| Total Equity | $476.66K | 100.00% |
Idle Media Inc Competitors by Market Cap
The table below lists competitors of Idle Media Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Devmar Equities Inc
PINK:DEVM
|
$1.97 |
|
Precicion Trim Inc
PINK:PRTR
|
$1.97 |
|
TransGlobal Assets Inc
PINK:TMSH
|
$1.97 |
|
Beneficial Holdings Inc
PINK:BFHJ
|
$1.98 |
|
AAP Inc
PINK:AAPJ
|
$1.97 |
|
Curtis Mathes Corp
PINK:CMCZ
|
$1.97 |
|
Flame Seal Products Inc
PINK:FLMP
|
$1.97 |
|
Stonebridge Resources Explorations Ltd
PINK:SRCX
|
$1.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Idle Media Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 755,164 to 476,662, a change of -278,502 (-36.9%).
- Net loss of 1,891,106 reduced equity.
- Other factors increased equity by 1,612,604.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.89 Million | -396.74% |
| Other Changes | $1.61 Million | +338.31% |
| Total Change | $- | -36.88% |
Book Value vs Market Value Analysis
This analysis compares Idle Media 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-09-30 | $0.00 | $0.00 | x |
| 2010-09-30 | $0.00 | $0.00 | x |
| 2011-09-30 | $0.00 | $0.00 | x |
| 2012-09-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Idle Media 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): -396.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.98%
- • Asset Turnover: 3.49x
- • Equity Multiplier: 2.23x
- Recent ROE (-396.74%) is below the historical average (1.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 152.04% | 35.81% | 3.27x | 1.30x | $209.09K |
| 2010 | 201.89% | 42.54% | 2.94x | 1.61x | $803.75K |
| 2011 | 47.21% | 12.29% | 2.00x | 1.92x | $280.98K |
| 2012 | -396.74% | -50.98% | 3.49x | 2.23x | $-1.94 Million |
Industry Comparison
This section compares Idle Media Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Idle Media Inc (IDLM) | $417.29K | 152.04% | 1.11x | $1.97 |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |