Creative Vistas Inc
Creative Vistas, Inc., through its subsidiaries, provides security and surveillance products and services in Canada. The company offers consulting, audit, review, and planning; engineering and design; customization, software development, and interfacing; system integration, installation, and project management; system training, technical support, and maintenance; and ongoing maintenance, preventa… Read more
Creative Vistas Inc (CVAS) - Net Assets
Latest net assets as of September 2012: $-1.96 Million USD
Based on the latest financial reports, Creative Vistas Inc (CVAS) has net assets worth $-1.96 Million USD as of September 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.31 Million) and total liabilities ($5.27 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 | $-1.96 Million |
| % of Total Assets | -59.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Creative Vistas Inc - Net Assets Trend (2004–2011)
This chart illustrates how Creative Vistas 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 Creative Vistas Inc (2004–2011)
The table below shows the annual net assets of Creative Vistas Inc from 2004 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $-1.42 Million | +90.10% |
| 2010-12-31 | $-14.38 Million | -8.35% |
| 2009-12-31 | $-13.27 Million | -29.28% |
| 2008-12-31 | $-10.26 Million | -49.36% |
| 2007-12-31 | $-6.87 Million | +9.29% |
| 2006-12-31 | $-7.58 Million | -129.26% |
| 2005-12-31 | $-3.30 Million | -2227.83% |
| 2004-12-31 | $-141.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Creative Vistas 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 1761186600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.56 Million | % |
| Other Comprehensive Income | $-295.12K | % |
| Other Components | $14.34 Million | % |
| Total Equity | $-1.42 Million | 100.00% |
Creative Vistas Inc Competitors by Market Cap
The table below lists competitors of Creative Vistas Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
4Cable Tv Internatio
PINK:CATV
|
$1.92 |
|
Starwin Media Holdings Inc
OTCGREY:SWMD
|
$1.92 |
|
Manthey Redmond Corp
PINK:MHYR
|
$1.92 |
|
420 Property Management Inc
PINK:FTPM
|
$1.92 |
|
Imagenetix Inc
PINK:IAGX
|
$1.92 |
|
Ceres Ventures Inc
PINK:CEVE
|
$1.92 |
|
Cygnus eTransaction Group Inc
PINK:CYGT
|
$1.92 |
|
Profitable Develop
PINK:PRDL
|
$1.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Creative Vistas Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from -14,378,302 to -1,422,924, a change of 12,955,378.
- Net income of 11,617,140 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,314,366.
- Other factors increased equity by 23,872.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.62 Million | +816.43% |
| Other Comprehensive Income | $1.31 Million | +92.37% |
| Other Changes | $23.87K | +1.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Creative Vistas 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $-0.08 | $0.00 | x |
| 2006-12-31 | $-0.23 | $0.00 | x |
| 2007-12-31 | $-0.20 | $0.00 | x |
| 2008-12-31 | $-0.28 | $0.00 | x |
| 2009-12-31 | $-0.35 | $0.00 | x |
| 2010-12-31 | $-0.38 | $0.00 | x |
| 2011-12-31 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Creative Vistas 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 160.58%
- • Asset Turnover: 2.26x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | -52.27% | 0.31x | 0.00x | $-1.24 Million |
| 2005 | 0.00% | 9.49% | 1.50x | 0.00x | $1.16 Million |
| 2006 | 0.00% | -18.20% | 1.67x | 0.00x | $-4.78 Million |
| 2007 | 0.00% | -1.45% | 1.83x | 0.00x | $105.64K |
| 2008 | 0.00% | -39.02% | 2.23x | 0.00x | $-17.89 Million |
| 2009 | 0.00% | -4.02% | 2.52x | 0.00x | $-272.22K |
| 2010 | 0.00% | -9.53% | 0.63x | 0.00x | $756.02K |
| 2011 | 0.00% | 160.58% | 2.26x | 0.00x | $11.76 Million |
Industry Comparison
This section compares Creative Vistas Inc's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $15,303,325,457
- Average return on equity (ROE) among peers: -13.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Creative Vistas Inc (CVAS) | $-1.96 Million | 0.00% | N/A | $1.92 |
| Airborne Security & Protective Services Inc (ABPR) | $-726.53K | 0.00% | 0.00x | $0.95 |
| ADT Inc (ADT) | $702.90 Million | -10.36% | 2.30x | $3.11 Billion |
| Aether Global Innovations Corp. (AETHF) | $-152.09K | 0.00% | 0.00x | $93.45K |
| Ameriguard Security Services Inc. (AGSS) | $-3.12 Million | 0.00% | 0.00x | $2.10 Million |
| Allegion PLC (ALLE) | $-55.70 Million | 0.00% | 0.00x | $12.39 Billion |
| Avante Logixx Inc (ALXXF) | $13.51 Million | -22.42% | 0.86x | $10.92 Million |
| ANTVF (ANTVF) | $254.48 Million | 4.87% | 0.92x | $55.07 Million |
| ASSA ABLOY AB (publ) (ASAZF) | $101.46 Billion | 14.45% | 1.05x | $29.24 Billion |
| Assa Abloy AB (ASAZY) | $50.66 Billion | 17.04% | 0.96x | $13.04 Billion |
| ATWEC Technologies Inc (ATWT) | $1.23 Million | -134.54% | 1.72x | $9.69 |