Access-Power & Co. Inc
Access-Power & Co., Inc., a medical marijuana clone company, manufactures and distributes medical marijuana clone products. It offers marijuana clone products under the Clones By Drones and Clones by Cars names; and calming pet products through mycbdpets.com. The company was founded in 1996 and is based in Grand Haven, Michigan.
Access-Power & Co. Inc (ACCR) - Net Assets
Latest net assets as of March 2025: $1.08 Million USD
Based on the latest financial reports, Access-Power & Co. Inc (ACCR) has net assets worth $1.08 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.83 Million) and total liabilities ($4.74 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 | $1.08 Million |
| % of Total Assets | 18.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | 370.77% |
| 10-Year Change | N/A |
| Growth Volatility | 2823.89 |
Access-Power & Co. Inc - Net Assets Trend (1999–2024)
This chart illustrates how Access-Power & Co. 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 Access-Power & Co. Inc (1999–2024)
The table below shows the annual net assets of Access-Power & Co. Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.15 Million | +498.28% |
| 2023-12-31 | $-289.17K | -783.37% |
| 2020-12-31 | $42.31K | +5519.52% |
| 2019-12-31 | $753.00 | -99.69% |
| 2018-12-31 | $244.64K | +124.40% |
| 2006-12-31 | $-1.00 Million | +64.10% |
| 2001-12-31 | $-2.79 Million | -175.36% |
| 2000-12-31 | $-1.01 Million | -407.21% |
| 1999-12-31 | $-200.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Access-Power & Co. 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 997601200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $451.50K | 39.20% |
| Other Components | $15.68 Million | 1361.13% |
| Total Equity | $1.15 Million | 100.00% |
Access-Power & Co. Inc Competitors by Market Cap
The table below lists competitors of Access-Power & Co. Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALGERNON PHARMACEUT. A
F:AGW0
|
$573.56K |
|
EnGold Mines Ltd
PINK:GWRRF
|
$573.73K |
|
Australian Unity Limited
AU:AYUHD
|
$574.31K |
|
SAVENCIA (BGJ.SG)
STU:BGJ
|
$574.40K |
|
Ram-On Investments and Holdings Ltd
TA:RMN
|
$572.48K |
|
Discovery-Corp Enterprises Inc.
V:DCY
|
$572.39K |
|
Gossan Resources Limited
PINK:GSSRF
|
$572.36K |
|
New Horizon Group Ltd
TA:NERZ
|
$572.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Access-Power & Co. Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -289,168 to 1,151,708, a change of 1,440,876.
- Net loss of 327,000 reduced equity.
- Other comprehensive income increased equity by 301,500.
- Other factors increased equity by 1,466,376.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-327.00K | -28.39% |
| Other Comprehensive Income | $301.50K | +26.18% |
| Other Changes | $1.47 Million | +127.32% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Access-Power & Co. 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: 0.94x
- 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 |
|---|---|---|---|
| 1999-12-31 | $-0.01 | $0.00 | x |
| 2000-12-31 | $0.00 | $0.00 | x |
| 2001-12-31 | $-0.03 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Access-Power & Co. 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): -28.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.88%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 5.04x
- Recent ROE (-28.39%) is below the historical average (-1.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -1250.00% | 0.13x | 0.00x | $-2.48 Million |
| 2000 | 0.00% | -2141.31% | 0.23x | 0.00x | $-7.21 Million |
| 2001 | 0.00% | -1460.89% | 0.78x | 0.00x | $-4.71 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $1.17 Million |
| 2018 | 0.20% | 1.72% | 58.12x | 0.00x | $-23.96K |
| 2019 | -0.13% | 0.00% | 9.51x | 4.16x | $-76.40 |
| 2020 | 9.12% | 11.17% | 0.77x | 1.06x | $-370.50 |
| 2021 | 5.94% | 0.00% | 0.00x | 0.00x | $-12.25K |
| 2023 | 0.00% | -31.64% | 0.05x | 0.00x | $-68.77K |
| 2024 | -28.39% | -15.88% | 0.36x | 5.04x | $-442.17K |
Industry Comparison
This section compares Access-Power & Co. Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $49,402,615,409
- Average return on equity (ROE) among peers: -3877.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Access-Power & Co. Inc (ACCR) | $1.08 Million | 0.00% | 4.38x | $572.84K |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |