Broadside Enterprises Inc
Broadside Enterprises, Inc. operates in media, branded goods, real estate, and blockchain technologies businesses. Its Media division focuses on the development, financing, acquisition, and distribution of media assets. The company's Branded Goods division focuses on discovering and building brands with stellar potential. This division utilizes information technology, as well as its media experti… Read more
Broadside Enterprises Inc (BRSE) - Net Assets
Latest net assets as of March 2024: $3.15 Million USD
Based on the latest financial reports, Broadside Enterprises Inc (BRSE) has net assets worth $3.15 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.99 Million) and total liabilities ($838.48K). 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 | $3.15 Million |
| % of Total Assets | 78.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Broadside Enterprises Inc - Net Assets Trend (2014–2023)
This chart illustrates how Broadside Enterprises 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 Broadside Enterprises Inc (2014–2023)
The table below shows the annual net assets of Broadside Enterprises Inc from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $3.25 Million | +815.72% |
| 2022-12-31 | $-453.43K | -4.38% |
| 2021-12-31 | $-434.40K | +55.81% |
| 2020-12-31 | $-982.99K | -15.56% |
| 2019-12-31 | $-850.62K | -17.06% |
| 2018-12-31 | $-726.65K | +62.97% |
| 2017-12-31 | $-1.96 Million | -40.13% |
| 2016-12-31 | $-1.40 Million | -1592.89% |
| 2015-12-31 | $-82.72K | +98.22% |
| 2014-12-31 | $-4.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Broadside Enterprises 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 grown by 230763400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.70K | 0.05% |
| Other Comprehensive Income | $-1.70K | -0.05% |
| Other Components | $9.33 Million | 287.60% |
| Total Equity | $3.25 Million | 100.00% |
Broadside Enterprises Inc Competitors by Market Cap
The table below lists competitors of Broadside Enterprises Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Axelum Resources Corp
PSE:AXLM
|
$314.28 |
|
Green Mining Innovation Inc.
V:GMI
|
$314.47 |
|
MDK Acquisition Inc.
V:MDK-P
|
$314.61 |
|
HYDRACT A/S DK -10
F:8X3
|
$315.10 |
|
TPL Properties Ltd
KAR:TPLT
|
$313.03 |
|
Great Basin Energies Inc
PINK:GBEI
|
$312.91 |
|
Tri-Star Power Ltd
KAR:TSPL
|
$312.79 |
|
Innovative Holdings Alliance Inc
PINK:IHAI
|
$312.43 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Broadside Enterprises Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -453,429 to 3,245,270, a change of 3,698,699.
- Net loss of 37,706 reduced equity.
- Other comprehensive income decreased equity by 5,598,528.
- Other factors increased equity by 9,334,933.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-37.71K | -1.16% |
| Other Comprehensive Income | $-5.60 Million | -172.51% |
| Other Changes | $9.33 Million | +287.65% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Broadside Enterprises 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: 0.29x
- 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 |
|---|---|---|---|
| 2016-12-31 | $-0.16 | $0.03 | x |
| 2017-12-31 | $-0.22 | $0.03 | x |
| 2018-12-31 | $-0.07 | $0.03 | x |
| 2019-12-31 | $-0.09 | $0.03 | x |
| 2020-12-31 | $-0.03 | $0.03 | x |
| 2021-12-31 | $-0.01 | $0.03 | x |
| 2022-12-31 | $-0.02 | $0.03 | x |
| 2023-12-31 | $0.11 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Broadside Enterprises 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): -1.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.45%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.23x
- Recent ROE (-1.16%) is below the historical average (-0.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -2236.97% | 0.07x | 0.00x | $-55.54K |
| 2015 | 0.00% | 83098.90% | 0.08x | 0.00x | $3.33 Million |
| 2016 | 0.00% | -36.40% | 0.01x | 0.00x | $137.30K |
| 2017 | 0.00% | -2052.81% | 0.14x | 0.00x | $-390.78K |
| 2018 | 0.00% | 2985.59% | 2.38x | 0.00x | $1.11 Million |
| 2019 | 0.00% | -745.27% | 1.12x | 0.00x | $-36.94K |
| 2020 | 0.00% | -1664.56% | 0.53x | 0.00x | $-33.70K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $592.03K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $26.32K |
| 2023 | -1.16% | -53.45% | 0.02x | 1.23x | $-362.23K |
Industry Comparison
This section compares Broadside Enterprises Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Broadside Enterprises Inc (BRSE) | $3.15 Million | 0.00% | 0.27x | $313.47 |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |