The Detroit Legal News Company
The Detroit Legal News Company engages in printing and publishing business. It is involved in provision of commercial printing services; and publishing of newspaper. The company was founded in 1895 and is based in Detroit, Michigan.
The Detroit Legal News Company (DTRL) - Net Assets
Latest net assets as of December 2024: $12.30 Million USD
Based on the latest financial reports, The Detroit Legal News Company (DTRL) has net assets worth $12.30 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.10 Million) and total liabilities ($3.80 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 | $12.30 Million |
| % of Total Assets | 76.4% |
| Annual Growth Rate | -1.68% |
| 5-Year Change | 11.72% |
| 10-Year Change | -21.23% |
| Growth Volatility | 18.6 |
The Detroit Legal News Company - Net Assets Trend (2004–2024)
This chart illustrates how The Detroit Legal News Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Detroit Legal News Company (2004–2024)
The table below shows the annual net assets of The Detroit Legal News Company from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.30 Million | -3.41% |
| 2023-12-31 | $12.74 Million | +7.77% |
| 2022-12-31 | $11.82 Million | +3.80% |
| 2021-12-31 | $11.39 Million | +3.39% |
| 2020-12-31 | $11.01 Million | -13.15% |
| 2019-12-31 | $12.68 Million | -3.40% |
| 2018-12-31 | $13.13 Million | -3.77% |
| 2017-12-31 | $13.64 Million | -3.23% |
| 2016-12-31 | $14.10 Million | -9.75% |
| 2015-12-31 | $15.62 Million | +0.18% |
| 2014-12-31 | $15.59 Million | -30.61% |
| 2013-12-31 | $22.47 Million | +1.05% |
| 2012-12-31 | $22.23 Million | +56.54% |
| 2005-12-31 | $14.20 Million | -17.80% |
| 2004-12-31 | $17.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Detroit Legal News Company'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 14.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.30 Million | 95.66% |
| Common Stock | $377.55K | 3.20% |
| Other Components | $135.12K | 1.14% |
| Total Equity | $11.81 Million | 100.00% |
The Detroit Legal News Company Competitors by Market Cap
The table below lists competitors of The Detroit Legal News Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indo-National Limited
NSE:NIPPOBATRY
|
$2.95 Million |
|
Borneo Olah Sarana Sukses PT
JK:BOSS
|
$2.95 Million |
|
Ev Dynamics (Holdings) Limited
PINK:CHDHF
|
$2.95 Million |
|
Storebrand Global Plus A5
CO:STIGP
|
$2.95 Million |
|
M3 Mining Ltd
AU:M3M
|
$2.95 Million |
|
TESGAS S.A.
WAR:TSG
|
$2.95 Million |
|
MapsPeople A/S
CO:MAPS
|
$2.95 Million |
|
Carzo Holdings Bhd
KLSE:03048
|
$2.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Detroit Legal News Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,974,015 to 11,813,522, a change of -160,493 (-1.3%).
- Net income of 1,085,422 contributed positively to equity growth.
- Dividend payments of 302,040 reduced retained earnings.
- Other factors decreased equity by 943,875.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Million | +9.19% |
| Dividends Paid | $302.04K | -2.56% |
| Other Changes | $-943.88K | -7.99% |
| Total Change | $- | -1.34% |
Book Value vs Market Value Analysis
This analysis compares The Detroit Legal News Company'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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.00 | $317.00 | x |
| 2005-12-31 | $0.00 | $317.00 | x |
| 2012-12-31 | $0.00 | $317.00 | x |
| 2013-12-31 | $424.22 | $317.00 | x |
| 2016-12-31 | $321.62 | $317.00 | x |
| 2017-12-31 | $305.53 | $317.00 | x |
| 2018-12-31 | $301.29 | $317.00 | x |
| 2019-12-31 | $287.59 | $317.00 | x |
| 2020-12-31 | $283.37 | $317.00 | x |
| 2021-12-31 | $290.96 | $317.00 | x |
| 2022-12-31 | $295.58 | $317.00 | x |
| 2023-12-31 | $317.15 | $317.00 | x |
| 2024-12-31 | $312.90 | $317.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Detroit Legal News Company 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): 9.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.30%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 1.36x
- Recent ROE (9.19%) is below the historical average (10.79%), 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 | 18.00% | 9.52% | 1.34x | 1.41x | $1.12 Million |
| 2005 | 26.38% | 9.73% | 1.11x | 2.44x | $1.56 Million |
| 2012 | 19.36% | 9.39% | 1.30x | 1.58x | $1.46 Million |
| 2013 | 6.20% | 4.58% | 0.92x | 1.48x | $-608.93K |
| 2014 | 6.95% | 5.10% | 0.93x | 1.47x | $-475.16K |
| 2015 | 9.36% | 8.00% | 0.77x | 1.53x | $-99.31K |
| 2016 | -12.14% | -7.63% | 1.09x | 1.45x | $-2.69 Million |
| 2017 | 3.90% | 3.03% | 0.96x | 1.34x | $-703.77K |
| 2018 | 34.44% | 22.72% | 0.94x | 1.61x | $2.78 Million |
| 2019 | 4.97% | 3.61% | 1.00x | 1.38x | $-545.91K |
| 2020 | 5.15% | 3.42% | 1.21x | 1.24x | $-519.35K |
| 2021 | 3.98% | 4.42% | 0.78x | 1.16x | $-661.26K |
| 2022 | 16.79% | 8.84% | 1.57x | 1.21x | $757.76K |
| 2023 | 9.32% | 6.55% | 1.15x | 1.24x | $-81.11K |
| 2024 | 9.19% | 4.30% | 1.57x | 1.36x | $-95.93K |
Industry Comparison
This section compares The Detroit Legal News Company's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $84,642,806
- Average return on equity (ROE) among peers: -15.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Detroit Legal News Company (DTRL) | $12.30 Million | 18.00% | 0.31x | $2.95 Million |
| COMTEX News Network Inc (CMTX) | $1.11 Million | -9.63% | 1.06x | $53.99K |
| Dallasnews Corp (DALN) | $12.36 Million | -79.16% | 4.85x | $64.35 Million |
| Digitiliti Inc (DIGI) | $-3.26 Million | 0.00% | 0.00x | $0.95 |
| Educational Development Corporation (EDUC) | $12.58 Million | 2.84% | 0.33x | $8.68 Million |
| Fame Productions Inc (FMPR) | $-616.17K | 0.00% | 0.00x | $489.02 |
| FP Newspapers Inc (FPNUF) | $52.21 Million | 8.52% | 0.01x | $1.85 Million |
| Future plc (FRNWF) | $195.57 Million | -31.07% | 0.78x | $707.50 Million |
| Gannett Co Inc (GCI) | $295.37 Million | -26.41% | 7.10x | $199.39 Million |
| Glacier Media Inc (GLMFF) | $196.46 Million | -2.48% | 0.38x | $4.43 Million |