Armstrong Flooring Inc
Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It offers resilient flooring products. The company's products are used in the construction and renovation of commercial, residential, and institutional buildings. It sells its products to independent wholesale flooring distributors, other reta… Read more
Armstrong Flooring Inc (AFIIQ) - Net Assets
Latest net assets as of December 2021: $199.20 Million USD
Based on the latest financial reports, Armstrong Flooring Inc (AFIIQ) has net assets worth $199.20 Million USD as of December 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($517.00 Million) and total liabilities ($317.80 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 | $199.20 Million |
| % of Total Assets | 38.53% |
| Annual Growth Rate | -20.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.72 |
Armstrong Flooring Inc - Net Assets Trend (2018–2021)
This chart illustrates how Armstrong Flooring 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 Armstrong Flooring Inc (2018–2021)
The table below shows the annual net assets of Armstrong Flooring Inc from 2018 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $199.20 Million | -10.51% |
| 2020-12-31 | $222.60 Million | -17.03% |
| 2019-12-31 | $268.30 Million | -31.38% |
| 2018-12-31 | $391.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Armstrong Flooring 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 16990000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $555.40 Million | 278.82% |
| Total Equity | $199.20 Million | 100.00% |
Armstrong Flooring Inc Competitors by Market Cap
The table below lists competitors of Armstrong Flooring Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Capital Holdings PLC
CM:CFVFN0000
|
$2.18K |
|
CH HS TRANSMIS EQUI
MU:BGR
|
$2.18K |
|
Ebiquity Plc
LSE:EBQ
|
$2.18K |
|
UNGA GROUP LTD
XNAI:UNGA
|
$2.18K |
|
TetraLogic Pharmaceuticals Corp
PINK:TLOG
|
$2.18K |
|
PRIMAG (P9R.SG)
STU:P9R
|
$2.18K |
|
COMA 18 JSC
VN:CIG
|
$2.17K |
|
Remala Abadi Tbk.
JK:DATA
|
$2.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Armstrong Flooring Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 222,600,000 to 199,200,000, a change of -23,400,000 (-10.5%).
- Net loss of 53,000,000 reduced equity.
- Other factors increased equity by 29,600,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.00 Million | -26.61% |
| Other Changes | $29.60 Million | +14.86% |
| Total Change | $- | -10.51% |
Book Value vs Market Value Analysis
This analysis compares Armstrong Flooring 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
- Current price-to-book ratio: 0.00x
- 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 |
|---|---|---|---|
| 2018-12-31 | $15.14 | $0.00 | x |
| 2019-12-31 | $12.47 | $0.00 | x |
| 2020-12-31 | $10.29 | $0.00 | x |
| 2021-12-31 | $9.15 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Armstrong Flooring 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): -26.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.16%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.60x
- Recent ROE (-26.61%) is above the historical average (-29.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -41.69% | -22.38% | 1.03x | 1.81x | $-202.10 Million |
| 2019 | -21.80% | -9.34% | 1.25x | 1.87x | $-85.33 Million |
| 2020 | -28.57% | -10.88% | 1.19x | 2.22x | $-85.86 Million |
| 2021 | -26.61% | -8.16% | 1.26x | 2.60x | $-72.92 Million |
Industry Comparison
This section compares Armstrong Flooring Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $195,077,124
- Average return on equity (ROE) among peers: 0.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Armstrong Flooring Inc (AFIIQ) | $199.20 Million | -41.69% | 1.60x | $2.18K |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.29 Billion |
| AC Partners Inc (ACPS) | $546.95K | 5.07% | 0.12x | $4.87K |
| Antelope Enterprise Holdings Ltd (AEHL) | $555.23 Million | 4.36% | 0.55x | $1.88 Million |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $88.75 Million |
| Atlas Engineered Products Ltd (APEUF) | $-923.99K | 0.00% | 0.00x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $396.41 Million | 26.26% | 1.31x | $691.30 Million |
| Alpha Pro Tech Ltd (APT) | $23.48 Million | 15.92% | 0.14x | $38.01 Million |
| Arlo Technologies (ARLO) | $276.61 Million | -24.72% | 1.15x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $123.72 Million | -53.61% | 0.17x | $249.08 Million |