Artificial Life Inc
Artificial Life, Inc. operates as a technology investment company. It operates content development studio, which implements custom solutions for smartphones and tablet devices. The company focuses on mobile and cross-platform applications and games. It is also involved in patent and technology licensing activities that specializes in intellectual property in the field of augmented reality technol… Read more
Artificial Life Inc (ALIF) - Net Assets
Latest net assets as of September 2011: $61.17 Million USD
Based on the latest financial reports, Artificial Life Inc (ALIF) has net assets worth $61.17 Million USD as of September 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.72 Million) and total liabilities ($4.55 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 | $61.17 Million |
| % of Total Assets | 93.08% |
| Annual Growth Rate | 14.59% |
| 5-Year Change | 28297.58% |
| 10-Year Change | N/A |
| Growth Volatility | 1852.11 |
Artificial Life Inc - Net Assets Trend (1998–2010)
This chart illustrates how Artificial Life 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 Artificial Life Inc (1998–2010)
The table below shows the annual net assets of Artificial Life Inc from 1998 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-12-31 | $60.33 Million | +29.71% |
| 2009-12-31 | $46.51 Million | +70.05% |
| 2008-12-31 | $27.35 Million | +139.09% |
| 2007-12-31 | $11.44 Million | +5284.76% |
| 2006-12-31 | $212.44K | +107.98% |
| 2005-12-31 | $-2.66 Million | -46.70% |
| 2004-12-31 | $-1.81 Million | +50.56% |
| 2003-12-31 | $-3.67 Million | -3.62% |
| 2002-12-31 | $-3.54 Million | -75.32% |
| 2001-12-31 | $-2.02 Million | -159.12% |
| 2000-12-31 | $3.42 Million | -42.29% |
| 1999-12-31 | $5.92 Million | -49.69% |
| 1998-12-31 | $11.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Artificial Life 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 947513100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2010)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $654.57K | 1.09% |
| Other Comprehensive Income | $-122.70K | -0.20% |
| Other Components | $71.42 Million | 118.38% |
| Total Equity | $60.33 Million | 100.00% |
Artificial Life Inc Competitors by Market Cap
The table below lists competitors of Artificial Life Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tradestar Resources Corporation
PINK:TSRR
|
$0.96 |
|
FG Fitness & Media Group Inc
OTCGREY:FGFT
|
$0.96 |
|
Supurva Healthcare Group Inc
PINK:SPRV
|
$0.96 |
|
Rainforest Resources Inc
OTCQB:RRIF
|
$0.96 |
|
Avix Technologies Inc
PINK:AVIX
|
$0.96 |
|
SFLMaven Corp
PINK:SFLM
|
$0.96 |
|
Medican Enterprises
PINK:MDCN
|
$0.96 |
|
Snoogoo Corp
PINK:SGOO
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Artificial Life Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from 46,508,635 to 60,326,967, a change of 13,818,332 (29.7%).
- Net income of 5,495,028 contributed positively to equity growth.
- Share repurchases of 6,057,080 reduced equity.
- Other comprehensive income decreased equity by 187,441.
- Other factors increased equity by 14,567,825.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.50 Million | +9.11% |
| Share Repurchases | $6.06 Million | -10.04% |
| Other Comprehensive Income | $-187.44K | -0.31% |
| Other Changes | $14.57 Million | +24.15% |
| Total Change | $- | 29.71% |
Book Value vs Market Value Analysis
This analysis compares Artificial Life 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 |
|---|---|---|---|
| 1998-12-31 | $1.61 | $0.00 | x |
| 1999-12-31 | $0.62 | $0.00 | x |
| 2000-12-31 | $0.33 | $0.00 | x |
| 2001-12-31 | $-0.19 | $0.00 | x |
| 2002-12-31 | $-0.31 | $0.00 | x |
| 2003-12-31 | $-0.27 | $0.00 | x |
| 2004-12-31 | $-0.09 | $0.00 | x |
| 2005-12-31 | $-0.11 | $0.00 | x |
| 2006-12-31 | $0.01 | $0.00 | x |
| 2007-12-31 | $0.28 | $0.00 | x |
| 2008-12-31 | $0.57 | $0.00 | x |
| 2009-12-31 | $0.92 | $0.00 | x |
| 2010-12-31 | $0.97 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Artificial Life 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): 9.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.48%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.17x
- Recent ROE (9.11%) is above the historical average (-139.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -18.62% | -486.11% | 0.03x | 1.09x | $-3.37 Million |
| 1999 | -114.14% | -172.89% | 0.49x | 1.35x | $-7.35 Million |
| 2000 | -368.43% | -100.99% | 1.79x | 2.04x | $-12.93 Million |
| 2001 | 0.00% | -188.52% | 3.35x | 0.00x | $-6.64 Million |
| 2002 | 0.00% | -113.04% | 52.69x | 0.00x | $-1.68 Million |
| 2003 | 0.00% | -17006.97% | 0.05x | 0.00x | $-211.27K |
| 2004 | 0.00% | -360.96% | 0.57x | 0.00x | $-764.37K |
| 2005 | 0.00% | -631.45% | 0.51x | 0.00x | $-1.42 Million |
| 2006 | -1385.13% | -343.62% | 0.38x | 10.66x | $-2.96 Million |
| 2007 | 8.85% | 17.44% | 0.39x | 1.31x | $-132.11K |
| 2008 | 38.67% | 47.10% | 0.74x | 1.11x | $7.84 Million |
| 2009 | 16.27% | 27.57% | 0.53x | 1.11x | $2.92 Million |
| 2010 | 9.11% | 15.48% | 0.50x | 1.17x | $-537.67K |
Industry Comparison
This section compares Artificial Life 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 |
|---|---|---|---|---|
| Artificial Life Inc (ALIF) | $61.17 Million | -18.62% | 0.07x | $0.96 |
| 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 |