Worlds Inc
Worlds Inc. designs and develops software, content, and related technology for the creation of interactive three-dimensional (3D) Internet websites in the United States. The company's technology includes WorldsShaper, a compositing 3D building tool that integrates pre-existing or custom content; WorldsServer, a scalable software to control and operate online virtual communities; WorldsPlayer, whi… Read more
Worlds Inc (WDDD) - Net Assets
Latest net assets as of December 2024: $-3.65 Million USD
Based on the latest financial reports, Worlds Inc (WDDD) has net assets worth $-3.65 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.13K) and total liabilities ($3.67 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 | $-3.65 Million |
| % of Total Assets | -24147.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Worlds Inc - Net Assets Trend (1997–2024)
This chart illustrates how Worlds 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 Worlds Inc (1997–2024)
The table below shows the annual net assets of Worlds Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.65 Million | -16.27% |
| 2023-12-31 | $-3.14 Million | +2.55% |
| 2022-12-31 | $-3.22 Million | -7.09% |
| 2021-12-31 | $-3.01 Million | -12.77% |
| 2020-12-31 | $-2.67 Million | -84.77% |
| 2019-12-31 | $-1.44 Million | -142.80% |
| 2018-12-31 | $-595.14K | +87.98% |
| 2017-12-31 | $-4.95 Million | -3.60% |
| 2016-12-31 | $-4.78 Million | +7.06% |
| 2015-12-31 | $-5.14 Million | -11.67% |
| 2014-12-31 | $-4.60 Million | -15.06% |
| 2013-12-31 | $-4.00 Million | -21.69% |
| 2012-12-31 | $-3.29 Million | -4.09% |
| 2011-12-31 | $-3.16 Million | +2.87% |
| 2010-12-31 | $-3.25 Million | +15.82% |
| 2009-12-31 | $-3.86 Million | -410.20% |
| 2008-12-31 | $-757.33K | +83.88% |
| 2007-12-31 | $-4.70 Million | +2.87% |
| 2006-12-31 | $-4.84 Million | -2.68% |
| 2005-12-31 | $-4.71 Million | +1.72% |
| 2004-12-31 | $-4.79 Million | +2.98% |
| 2003-12-31 | $-4.94 Million | -3.77% |
| 2002-12-31 | $-4.76 Million | -1.35% |
| 2001-12-31 | $-4.70 Million | -21.11% |
| 2000-12-31 | $-3.88 Million | -495.92% |
| 1999-12-31 | $980.00K | +200.00% |
| 1998-12-31 | $-980.00K | -- |
| 1997-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Worlds 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 4056329600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $43.60 Million | % |
| Total Equity | $-3.65 Million | 100.00% |
Worlds Inc Competitors by Market Cap
The table below lists competitors of Worlds Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SALAFIN
BC:SALAFIN
|
$531.38K |
|
Taiwan Taomee Co. Ltd.
TWO:6428
|
$531.50K |
|
Lingo Media Corporation
PINK:LMDCF
|
$531.94K |
|
Libental
TA:LBTL
|
$532.14K |
|
ASA GOLD+PREC.MET.LTD.DL1
F:FZ6
|
$531.01K |
|
NOVOZYMES -B-
BE:NZM2
|
$530.78K |
|
AMADEUS IT HOLD -A- - Dusseldorf Stock Exchang
DU:AI3A
|
$530.63K |
|
PC CONNECTION
MU:PCC
|
$530.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Worlds Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,142,163 to -3,653,545, a change of -511,382.
- Net loss of 511,382 reduced equity.
- Other comprehensive income decreased equity by 1,206,913.
- Other factors increased equity by 1,206,913.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-511.38K | -14.0% |
| Other Comprehensive Income | $-1.21 Million | -33.03% |
| Other Changes | $1.21 Million | +33.03% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Worlds 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 |
|---|---|---|---|
| 1997-12-31 | $-0.01 | $0.01 | x |
| 1998-12-31 | $-0.29 | $0.01 | x |
| 1999-12-31 | $0.28 | $0.01 | x |
| 2000-12-31 | $-1.03 | $0.01 | x |
| 2002-12-31 | $-0.53 | $0.01 | x |
| 2003-12-31 | $-0.55 | $0.01 | x |
| 2004-12-31 | $-0.53 | $0.01 | x |
| 2005-12-31 | $-0.53 | $0.01 | x |
| 2006-12-31 | $-0.54 | $0.01 | x |
| 2007-12-31 | $-0.52 | $0.01 | x |
| 2008-12-31 | $-0.07 | $0.01 | x |
| 2009-12-31 | $-0.36 | $0.01 | x |
| 2010-12-31 | $-0.29 | $0.01 | x |
| 2011-12-31 | $-0.23 | $0.01 | x |
| 2012-12-31 | $-0.21 | $0.01 | x |
| 2013-12-31 | $-0.23 | $0.01 | x |
| 2014-12-31 | $-0.24 | $0.01 | x |
| 2015-12-31 | $-0.23 | $0.01 | x |
| 2016-12-31 | $-0.15 | $0.01 | x |
| 2017-12-31 | $-0.10 | $0.01 | x |
| 2018-12-31 | $-0.01 | $0.01 | x |
| 2019-12-31 | $-0.03 | $0.01 | x |
| 2020-12-31 | $-0.05 | $0.01 | x |
| 2021-12-31 | $-0.05 | $0.01 | x |
| 2022-12-31 | $-0.06 | $0.01 | x |
| 2023-12-31 | $-0.06 | $0.01 | x |
| 2024-12-31 | $-0.06 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Worlds 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.69 Million |
| 1998 | 0.00% | -8833.33% | 0.02x | 0.00x | $-2.55 Million |
| 1999 | -340.82% | -654.90% | 0.11x | 4.88x | $-3.44 Million |
| 2000 | 0.00% | -632.62% | 0.72x | 0.00x | $-8.53 Million |
| 2002 | 0.00% | -38.94% | 12.67x | 0.00x | $413.33K |
| 2003 | 0.00% | -238.01% | 31.00x | 0.00x | $314.74K |
| 2004 | 0.00% | 157.90% | 45.89x | 0.00x | $626.68K |
| 2005 | 0.00% | 83.47% | 29.34x | 0.00x | $553.79K |
| 2006 | 0.00% | -5883.63% | 1.05x | 0.00x | $357.66K |
| 2007 | 0.00% | -224.77% | 248.25x | 0.00x | $-2.82 Million |
| 2008 | 0.00% | 311.12% | 0.53x | 0.00x | $363.67K |
| 2009 | 0.00% | -719.00% | 26.04x | 0.00x | $-340.63K |
| 2010 | 0.00% | -143.21% | 1.04x | 0.00x | $-270.30K |
| 2011 | 0.00% | -851577.89% | 0.00x | 0.00x | $-1.38 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.34 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.73 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-522.15K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.52 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-655.05K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.25 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $1.81 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-860.01K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.10 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-265.07K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-168.84K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $396.40K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-146.03K |
Industry Comparison
This section compares Worlds Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Worlds Inc (WDDD) | $-3.65 Million | 0.00% | N/A | $531.15K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |