Smalto SA (MLSML) - Net Assets
Based on the latest financial reports, Smalto SA (MLSML) has net assets worth €11.48 Million EUR (≈ $13.42 Million USD) as of June 2008. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€38.32 Million ≈ $44.80 Million USD) and total liabilities (€26.84 Million ≈ $31.38 Million USD). 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 how resilient are Smalto SA's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.48 Million |
| % of Total Assets | 29.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | -682.74% |
| 10-Year Change | -214.32% |
| Growth Volatility | 223.87 |
Smalto SA - Net Assets Trend (1998–2021)
This chart illustrates how Smalto SA's net assets have evolved over time, based on quarterly financial data. Also explore MLSML current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Smalto SA (1998–2021)
The table below shows the annual net assets of Smalto SA from 1998 to 2021. For live valuation and market cap data, see Smalto SA (MLSML) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2021-03-31 | €-26.18 Million ≈ $-30.61 Million |
-24.50% |
| 2020-03-31 | €-21.03 Million ≈ $-24.59 Million |
-205.75% |
| 2017-03-31 | €-6.88 Million ≈ $-8.04 Million |
-1181.37% |
| 2016-03-31 | €-536.75K ≈ $-627.52K |
-111.95% |
| 2015-03-31 | €4.49 Million ≈ $5.25 Million |
-36.27% |
| 2014-03-31 | €7.05 Million ≈ $8.24 Million |
-33.69% |
| 2013-03-31 | €10.63 Million ≈ $12.43 Million |
+4.14% |
| 2012-03-31 | €10.21 Million ≈ $11.94 Million |
+13.23% |
| 2011-03-31 | €9.02 Million ≈ $10.54 Million |
-60.63% |
| 2010-03-31 | €22.90 Million ≈ $26.78 Million |
+3.87% |
| 2009-03-31 | €22.05 Million ≈ $25.78 Million |
+887.04% |
| 2008-03-31 | €2.23 Million ≈ $2.61 Million |
+190.38% |
| 2007-03-31 | €-2.47 Million ≈ $-2.89 Million |
-967.71% |
| 2006-03-31 | €-231.48K ≈ $-270.63K |
-110.95% |
| 2005-03-31 | €2.11 Million ≈ $2.47 Million |
-11.76% |
| 2004-03-31 | €2.40 Million ≈ $2.80 Million |
-13.95% |
| 2003-03-31 | €2.78 Million ≈ $3.26 Million |
-24.38% |
| 2002-03-31 | €3.68 Million ≈ $4.31 Million |
+4.30% |
| 2001-03-31 | €3.53 Million ≈ $4.13 Million |
+3.42% |
| 2000-03-31 | €3.41 Million ≈ $3.99 Million |
+28.66% |
| 1999-03-31 | €2.65 Million ≈ $3.10 Million |
-5.10% |
| 1998-03-31 | €2.80 Million ≈ $3.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smalto SA'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 288.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €2.19 Million | % |
| Total Equity | €-26.18 Million | 100.00% |
Smalto SA Competitors by Market Cap
The table below lists competitors of Smalto SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Real Estate Investors PLC
LSE:RLE
|
$661.62K |
|
GOLDSTONE RES LTD. LS-01
F:GVL1
|
$662.91K |
|
GenixPharmaceucticals Corporation
V:GENX
|
$664.33K |
|
Van Elle Holdings PLC
LSE:VANL
|
$664.83K |
|
Goldflare Exploration Inc
V:GOFL
|
$658.74K |
|
BLENDER BITES LTD.
F:JL4
|
$657.29K |
|
Astron Connect Inc
V:AST
|
$656.93K |
|
Tian Ruixiang Holdings Ltd
NASDAQ:TIRX
|
$655.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smalto SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -21,028,000 to -26,180,000, a change of -5,152,000.
- Net loss of 5,153,000 reduced equity.
- New share issuances of 1,000 increased equity.
- Other comprehensive income increased equity by 42,546,000.
- Other factors decreased equity by 42,546,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.15 Million | -19.68% |
| Share Issuances | €1.00K | +0.0% |
| Other Comprehensive Income | €42.55 Million | +162.51% |
| Other Changes | €-42.55 Million | -162.51% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Smalto SA'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 |
|---|---|---|---|
| 1998-03-31 | €0.18 | €0.03 | x |
| 1999-03-31 | €0.17 | €0.03 | x |
| 2000-03-31 | €0.22 | €0.03 | x |
| 2001-03-31 | €0.23 | €0.03 | x |
| 2002-03-31 | €0.24 | €0.03 | x |
| 2003-03-31 | €0.18 | €0.03 | x |
| 2004-03-31 | €0.16 | €0.03 | x |
| 2005-03-31 | €0.14 | €0.03 | x |
| 2006-03-31 | €-0.02 | €0.03 | x |
| 2007-03-31 | €-0.16 | €0.03 | x |
| 2008-03-31 | €0.15 | €0.03 | x |
| 2009-03-31 | €1.45 | €0.03 | x |
| 2010-03-31 | €1.30 | €0.03 | x |
| 2011-03-31 | €0.45 | €0.03 | x |
| 2012-03-31 | €0.51 | €0.03 | x |
| 2013-03-31 | €0.48 | €0.03 | x |
| 2014-03-31 | €0.32 | €0.03 | x |
| 2015-03-31 | €0.20 | €0.03 | x |
| 2016-03-31 | €-0.02 | €0.03 | x |
| 2017-03-31 | €-0.31 | €0.03 | x |
| 2020-03-31 | €-0.96 | €0.03 | x |
| 2021-03-31 | €-1.19 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smalto SA 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: -212.58%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (6.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 1.32% | 4.94% | 0.11x | 2.55x | €-242.55K |
| 1999 | 0.33% | 1.33% | 0.13x | 1.98x | €-256.57K |
| 2000 | 10.09% | 51.52% | 0.10x | 1.89x | €3.04K |
| 2001 | -2.12% | -10.77% | 0.09x | 2.13x | €-427.92K |
| 2002 | -3.76% | -16.67% | 0.10x | 2.28x | €-508.34K |
| 2003 | -5.98% | -11.25% | 0.15x | 3.59x | €-444.96K |
| 2004 | -3.08% | -3.61% | 0.12x | 7.25x | €-313.46K |
| 2005 | -6.57% | -9.18% | 0.10x | 7.26x | €-351.62K |
| 2006 | 0.00% | -218.84% | 0.06x | 0.00x | €-2.47 Million |
| 2007 | 0.00% | -207.59% | 0.09x | 0.00x | €-2.76 Million |
| 2008 | 247.53% | 466.54% | 0.04x | 12.97x | €5.31 Million |
| 2009 | 12.06% | 151.85% | 0.05x | 1.65x | €454.86K |
| 2010 | 2.87% | 32.23% | 0.06x | 1.59x | €-1.63 Million |
| 2011 | 9.62% | 4.93% | 0.75x | 2.60x | €-33.86K |
| 2012 | 0.22% | 0.11% | 0.79x | 2.51x | €-997.61K |
| 2013 | -2.49% | -1.34% | 0.68x | 2.75x | €-1.33 Million |
| 2014 | -40.62% | -19.36% | 0.65x | 3.22x | €-3.56 Million |
| 2015 | -87.27% | -29.58% | 0.54x | 5.48x | €-4.36 Million |
| 2016 | 0.00% | -44.38% | 0.48x | 0.00x | €-4.88 Million |
| 2017 | 0.00% | -77.78% | 0.38x | 0.00x | €-5.52 Million |
| 2020 | 0.00% | -130.72% | 0.23x | 0.00x | €-2.77 Million |
| 2021 | 0.00% | -212.58% | 0.15x | 0.00x | €-2.54 Million |
Industry Comparison
This section compares Smalto SA's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $7,295,020
- Average return on equity (ROE) among peers: -5.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smalto SA (MLSML) | €11.48 Million | 1.32% | 2.34x | $658.94K |
| Devernois SA (ALDEV) | $22.05 Million | -34.18% | 0.57x | $3.05 Million |
| Barbara Bui SA (BUI) | $5.85 Million | -14.71% | 1.26x | $2.51 Million |
| Groupe JAJ (GJAJ) | $3.26 Million | 27.26% | 1.52x | $3.81 Million |
| Body One SA (MLONE) | $-1.97 Million | 0.00% | 0.00x | $3.42 Million |
About Smalto SA
Smalto Holding SA designs and sells ready to wear and accessories. The company ready to wear includes autumn winter, suits, tuxedos, jackets, pants, vests, coats and leathers, knit and jersey, shirts, and ceremonial outfits; and accessories comprise shoes; scarf, beanie, and hat and cap; leather goods and belt; ties, bow ties, and pocket squares; cufflinks and jewelry; eyeglasses; and gloves. Sma… Read more