Commerce Group Corp
Commerce Group Corp. engages in the exploration, exploitation, development, extraction, and processing of precious metals in the Republic of El Salvador, Central America. It focuses on exploring gold and silver properties. The company was founded in 1962 and is based in Waukesha, Wisconsin.
Commerce Group Corp (CGCO) - Net Assets
Latest net assets as of December 2010: $-37.53 Million USD
Based on the latest financial reports, Commerce Group Corp (CGCO) has net assets worth $-37.53 Million USD as of December 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($391.99K) and total liabilities ($37.92 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 | $-37.53 Million |
| % of Total Assets | -9574.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -263.85% |
| 10-Year Change | -264.56% |
| Growth Volatility | 539.13 |
Commerce Group Corp - Net Assets Trend (1996–2010)
This chart illustrates how Commerce Group 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 Commerce Group Corp (1996–2010)
The table below shows the annual net assets of Commerce Group Corp from 1996 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-03-31 | $-33.41 Million | -17.09% |
| 2009-03-31 | $-28.53 Million | -2029.72% |
| 2008-03-31 | $1.48 Million | -63.92% |
| 2007-03-31 | $4.10 Million | -79.90% |
| 2006-03-31 | $20.39 Million | +0.25% |
| 2005-03-31 | $20.34 Million | -0.48% |
| 2004-03-31 | $20.44 Million | -2.32% |
| 2003-03-31 | $20.92 Million | +2.26% |
| 2002-03-31 | $20.46 Million | +0.77% |
| 2001-03-31 | $20.30 Million | +3.46% |
| 2000-03-31 | $19.62 Million | +5.08% |
| 1999-03-31 | $18.68 Million | +1.53% |
| 1998-03-31 | $18.39 Million | -4.24% |
| 1997-03-31 | $19.21 Million | +26.71% |
| 1996-03-31 | $15.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Commerce Group 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 4084.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2010)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.08 Million | % |
| Other Components | $19.58 Million | % |
| Total Equity | $-33.41 Million | 100.00% |
Commerce Group Corp Competitors by Market Cap
The table below lists competitors of Commerce Group Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VisionGlobal Corporation
OTCGREY:VIZG
|
$0.90 |
|
Gunther Grant Inc
PINK:GNGR
|
$0.90 |
|
True North Energy Corp
PINK:TNEN
|
$0.90 |
|
Green Planet Grp
PINK:GNPG
|
$0.91 |
|
Speed Commerce Inc
PINK:SPDC
|
$0.90 |
|
APT Moto Vox Group Inc
PINK:MTVX
|
$0.90 |
|
Cygnus Oil & Gas Corp
PINK:CYNS
|
$0.90 |
|
Eatware Inc
PINK:CHSH
|
$0.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Commerce Group Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from -28,534,592 to -33,412,552, a change of -4,877,960.
- Net loss of 4,877,960 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.88 Million | -14.6% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Commerce Group 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.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-03-31 | $2.03 | $0.00 | x |
| 1997-03-31 | $1.97 | $0.00 | x |
| 1998-03-31 | $1.56 | $0.00 | x |
| 1999-03-31 | $1.46 | $0.00 | x |
| 2000-03-31 | $1.40 | $0.00 | x |
| 2001-03-31 | $1.35 | $0.00 | x |
| 2002-03-31 | $1.20 | $0.00 | x |
| 2003-03-31 | $1.07 | $0.00 | x |
| 2004-03-31 | $0.97 | $0.00 | x |
| 2005-03-31 | $0.90 | $0.00 | x |
| 2006-03-31 | $0.86 | $0.00 | x |
| 2007-03-31 | $0.16 | $0.00 | x |
| 2008-03-31 | $0.05 | $0.00 | x |
| 2009-03-31 | $-0.93 | $0.00 | x |
| 2010-03-31 | $-1.09 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Commerce Group 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-17.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.20% | 58.56% | 0.07x | 1.35x | $-728.15K |
| 1997 | 5.25% | 61.81% | 0.07x | 1.31x | $-913.22K |
| 1998 | 0.64% | 9.15% | 0.05x | 1.40x | $-1.72 Million |
| 1999 | -0.48% | -10.65% | 0.03x | 1.48x | $-1.96 Million |
| 2000 | -2.02% | -82.44% | 0.02x | 1.52x | $-2.36 Million |
| 2001 | 0.64% | 54.41% | 0.01x | 1.49x | $-1.90 Million |
| 2002 | -0.21% | 0.00% | 0.00x | 1.56x | $-2.09 Million |
| 2003 | -1.11% | 0.00% | 0.00x | 1.59x | $-2.32 Million |
| 2004 | -1.16% | 0.00% | 0.00x | 1.68x | $-2.28 Million |
| 2005 | -1.13% | 0.00% | 0.00x | 1.80x | $-2.26 Million |
| 2006 | -0.79% | 0.00% | 0.00x | 1.92x | $-2.20 Million |
| 2007 | -63.84% | 0.00% | 0.00x | 6.32x | $-3.03 Million |
| 2008 | -206.41% | 0.00% | 0.00x | 17.91x | $-3.20 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.16 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.54 Million |
Industry Comparison
This section compares Commerce Group Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Commerce Group Corp (CGCO) | $-37.53 Million | 5.20% | N/A | $0.90 |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |