Affinity Networks Inc
Affinity Networks, Inc. engages in the development and implementation of electronic solutions. The company's services include systems integration and development, broadband wireless networking, Internet/intranet and database software, emergency preparedness planning, network security and management, Internet portal development, communication network engineering, critical infrastructure mapping, s… Read more
Affinity Networks Inc (AFFN) - Net Assets
Latest net assets as of September 2005: $-380.90K USD
Based on the latest financial reports, Affinity Networks Inc (AFFN) has net assets worth $-380.90K USD as of September 2005.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($460.38K) and total liabilities ($841.28K). 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 | $-380.90K |
| % of Total Assets | -82.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Affinity Networks Inc - Net Assets Trend (2003–2004)
This chart illustrates how Affinity Networks 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 Affinity Networks Inc (2003–2004)
The table below shows the annual net assets of Affinity Networks Inc from 2003 to 2004.
| Year | Net Assets | Change |
|---|---|---|
| 2004-12-31 | $-517.86K | -10.14% |
| 2003-12-31 | $-470.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Affinity Networks 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 108664600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2004)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $644.76K | % |
| Other Components | $2.07 Million | % |
| Total Equity | $-517.86K | 100.00% |
Affinity Networks Inc Competitors by Market Cap
The table below lists competitors of Affinity Networks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nutrition Management Services Company
PINK:NMSCA
|
$0.97 |
|
Global Links Corp
PINK:GLCO
|
$0.97 |
|
Fernhill Beverage Inc
PINK:FHBC
|
$0.97 |
|
China GengSheng Minerals Inc
PINK:CHGS
|
$0.97 |
|
Energy 1 Corp
PINK:EGOC
|
$0.97 |
|
OJsys Inc
PINK:OJSY
|
$0.97 |
|
O2 Secure Wireless
PINK:OTOW
|
$0.97 |
|
Sun Tzu Corporation
PINK:STZU
|
$0.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Affinity Networks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2003 to 2004, total equity changed from -470,185 to -517,856, a change of -47,671.
- Net loss of 1,086,646 reduced equity.
- Other factors increased equity by 1,038,975.
Equity Change Factors (2003 to 2004)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.09 Million | -209.84% |
| Other Changes | $1.04 Million | +200.63% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Affinity Networks 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Affinity Networks 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: -4197.00%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 2392.85% | 0.15x | 0.00x | $792.82K |
| 2004 | 0.00% | -4197.00% | 0.07x | 0.00x | $-1.03 Million |
Industry Comparison
This section compares Affinity Networks Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,731,264,453
- Average return on equity (ROE) among peers: -53.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Affinity Networks Inc (AFFN) | $-380.90K | 0.00% | N/A | $0.97 |
| 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 |