Cordia Corporation
Cordia Corporation engages in the subscription based virtual restaurant business. It offers food delivery services through phone orders and online food ordering channels. The company was formerly known as CyberOpticLabs Inc. and changed its name to Cordia Corporation in May 2001. The company was founded in 1988 and is based in Reno, Nevada.
Cordia Corporation (CORG) - Net Assets
Latest net assets as of December 2022: $-627.07K USD
Based on the latest financial reports, Cordia Corporation (CORG) has net assets worth $-627.07K USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($127.00) and total liabilities ($627.20K). 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 | $-627.07K |
| % of Total Assets | -493759.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | -115.16% |
| 10-Year Change | N/A |
| Growth Volatility | 354.92 |
Cordia Corporation - Net Assets Trend (2000–2021)
This chart illustrates how Cordia Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cordia Corporation (2000–2021)
The table below shows the annual net assets of Cordia Corporation from 2000 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-387.95K | -1086.70% |
| 2020-12-31 | $-32.69K | +98.99% |
| 2007-12-31 | $-3.25 Million | -634.06% |
| 2006-12-31 | $-442.70K | -117.30% |
| 2005-12-31 | $2.56 Million | +400.57% |
| 2004-12-31 | $-851.14K | -2188.27% |
| 2003-12-31 | $-37.20K | +95.76% |
| 2002-12-31 | $-876.34K | -5.52% |
| 2001-12-31 | $-830.51K | -827.14% |
| 2000-12-31 | $114.22K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cordia Corporation'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 681434000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.61K | % |
| Other Components | $8.45 Million | % |
| Total Equity | $-387.95K | 100.00% |
Cordia Corporation Competitors by Market Cap
The table below lists competitors of Cordia Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maple Leaf Cement Factory Ltd
KAR:MLCF
|
$2.72K |
|
Gen 2 Technologies Inc
PINK:MNIZ
|
$2.73K |
|
Duality SA
WAR:DUA
|
$2.74K |
|
CONSTANCE HOTELS SERVICES LTD
SEM:CHSL
|
$2.74K |
|
TTTND
PINK:TTTND
|
$2.72K |
|
Sunf Pu Technology Co., Ltd.
TWO:5488
|
$2.72K |
|
BJ INTL AIRPORT -H-
BE:BJ1
|
$2.72K |
|
Kobrea Exploration Corp.
F:F3I
|
$2.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cordia Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -32,692 to -387,955, a change of -355,263.
- Net loss of 658,186 reduced equity.
- Other factors increased equity by 302,923.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-658.19K | -169.66% |
| Other Changes | $302.92K | +78.08% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Cordia Corporation'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 |
|---|---|---|---|
| 2000-12-31 | $0.14 | $0.00 | x |
| 2001-12-31 | $-0.15 | $0.00 | x |
| 2002-12-31 | $-0.16 | $0.00 | x |
| 2003-12-31 | $-0.01 | $0.00 | x |
| 2004-12-31 | $-0.18 | $0.00 | x |
| 2005-12-31 | $0.40 | $0.00 | x |
| 2006-12-31 | $-0.08 | $0.00 | x |
| 2007-12-31 | $-0.57 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cordia Corporation 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: -317964.25%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-89.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -1034.17% | -69.19% | 2.64x | 5.67x | $-1.19 Million |
| 2001 | 0.00% | -36.03% | 5.82x | 0.00x | $-1.60 Million |
| 2002 | 0.00% | -19.27% | 5.14x | 0.00x | $-1.07 Million |
| 2003 | 0.00% | 14.47% | 2.47x | 0.00x | $587.52K |
| 2004 | 0.00% | -1.28% | 2.38x | 0.00x | $-84.69K |
| 2005 | 49.46% | 3.02% | 3.82x | 4.29x | $1.01 Million |
| 2006 | 0.00% | -8.25% | 4.04x | 0.00x | $-3.05 Million |
| 2007 | 0.00% | -7.06% | 3.46x | 0.00x | $-2.77 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.11K |
| 2020 | 0.00% | -42.97% | 24.45x | 0.00x | $-28.62K |
| 2021 | 0.00% | -317964.25% | 0.01x | 0.00x | $-619.39K |
Industry Comparison
This section compares Cordia Corporation's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cordia Corporation (CORG) | $-627.07K | -1034.17% | N/A | $2.72K |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |