Associates First Capital Corp
Associates First Capital Corporation, a financial services organization, provides finance, leasing, insurance, and related services to individual consumers and businesses in the United States and internationally. The company was founded in 1918 and is based in Irving, Texas. Associates First Capital Corporation operates as a subsidiary of Citicorp Banking Corporation.
Associates First Capital Corp (ASFZ) - Net Assets
Latest net assets as of June 2012: $6.01 Billion USD
Based on the latest financial reports, Associates First Capital Corp (ASFZ) has net assets worth $6.01 Billion USD as of June 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($46.65 Billion) and total liabilities ($40.63 Billion). 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 | $6.01 Billion |
| % of Total Assets | 12.89% |
| Annual Growth Rate | -0.33% |
| 5-Year Change | -38.94% |
| 10-Year Change | N/A |
| Growth Volatility | 24.73 |
Associates First Capital Corp - Net Assets Trend (1997–2011)
This chart illustrates how Associates First Capital Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Associates First Capital Corp (1997–2011)
The table below shows the annual net assets of Associates First Capital Corp from 1997 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $5.98 Billion | -1.37% |
| 2010-12-31 | $6.07 Billion | +8.94% |
| 2009-12-31 | $5.57 Billion | +4.82% |
| 2008-12-31 | $5.31 Billion | -45.79% |
| 1999-12-31 | $9.80 Billion | +14.94% |
| 1998-12-31 | $8.53 Billion | +36.02% |
| 1997-12-31 | $6.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Associates First Capital Corp'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.98 Billion | 100.00% |
| Total Equity | $5.98 Billion | 100.00% |
Associates First Capital Corp Competitors by Market Cap
The table below lists competitors of Associates First Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BPI Energy Holdings Inc
PINK:BPIGF
|
$0.98 |
|
Discovery Minerals
PINK:DSCR
|
$0.98 |
|
DNA Brands Inc
PINK:DNAX
|
$0.98 |
|
Global Vision Holdings Inc
PINK:GVHIB
|
$0.98 |
|
Custom Designed Compressor Systems Inc
PINK:CPYJ
|
$0.98 |
|
Blue Gem Enterprise
PINK:BGEM
|
$0.98 |
|
1st NRG Corp
PINK:FNRC
|
$0.98 |
|
Four Leaf Acquisition Corporation Warrants
NASDAQ:FORLW
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Associates First Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 6,067,000,000 to 5,984,000,000, a change of -83,000,000 (-1.4%).
- Net income of 415,000,000 contributed positively to equity growth.
- Other factors decreased equity by 498,000,000.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $415.00 Million | +6.94% |
| Other Changes | $-498.00 Million | -8.32% |
| Total Change | $- | -1.37% |
Book Value vs Market Value Analysis
This analysis compares Associates First Capital Corp'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 Associates First Capital Corp 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.23%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 7.82x
- Recent ROE (6.94%) is below the historical average (7.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 16.46% | 12.46% | 0.14x | 9.13x | $404.84 Million |
| 1998 | 14.35% | 13.05% | 0.12x | 8.82x | $370.85 Million |
| 1999 | 15.21% | 12.29% | 0.15x | 8.46x | $510.35 Million |
| 2008 | -13.48% | -39.19% | 0.02x | 13.80x | $-1.25 Billion |
| 2009 | -0.63% | -1.78% | 0.03x | 11.44x | $-591.90 Million |
| 2010 | 11.55% | 23.30% | 0.06x | 8.83x | $94.30 Million |
| 2011 | 6.94% | 16.23% | 0.05x | 7.82x | $-183.40 Million |
Industry Comparison
This section compares Associates First Capital Corp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,800,882,637
- Average return on equity (ROE) among peers: -39.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Associates First Capital Corp (ASFZ) | $6.01 Billion | 16.46% | 6.76x | $0.98 |
| Accord Financial Corp (ACCFF) | $39.20 Million | 16.04% | 1.73x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $328.31 Billion | 3.92% | 2.63x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $-367.10 Million | 0.00% | 0.00x | $13.32 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $592.96 Million | 7.89% | 20.29x | $1.53 Billion |
| Aiful Corp (AIFLF) | $81.64 Billion | 21.30% | 7.15x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $203.05 Million | 8.66% | 0.56x | $2.50 Million |
| Ally Financial Inc (ALLY) | $17.05 Billion | 17.95% | 9.70x | $9.95 Billion |
| Alpha Investment Inc (ALPC) | $254.20K | -435.59% | 4.32x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $14.82 Million |