Equal Trading Inc
Equal Trading, Inc. provides foreign exchange trading services. It operates as an online retail trading platform provider, managed account service provider, market marker, and online trader for its own funds, as well as offers education and training services. The company, formerly known as Sportspublications.net, Inc., was incorporated in 2000 and changed its name to Equal Trading, Inc. in 2004. … Read more
Equal Trading Inc (EQTD) - Net Assets
Latest net assets as of June 2006: $725.01K USD
Based on the latest financial reports, Equal Trading Inc (EQTD) has net assets worth $725.01K USD as of June 2006.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($821.75K) and total liabilities ($96.74K). 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 | $725.01K |
| % of Total Assets | 88.23% |
| Annual Growth Rate | -4.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Equal Trading Inc - Net Assets Trend (2004–2005)
This chart illustrates how Equal Trading 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 Equal Trading Inc (2004–2005)
The table below shows the annual net assets of Equal Trading Inc from 2004 to 2005.
| Year | Net Assets | Change |
|---|---|---|
| 2005-12-31 | $742.38K | -4.47% |
| 2004-12-31 | $777.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Equal Trading 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 3474400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2005)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $865.25K | 116.55% |
| Other Components | $24.00K | 3.23% |
| Total Equity | $742.38K | 100.00% |
Equal Trading Inc Competitors by Market Cap
The table below lists competitors of Equal Trading Inc ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equal Trading Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2004 to 2005, total equity changed from 777,124 to 742,380, a change of -34,744 (-4.5%).
- Net loss of 34,744 reduced equity.
Equity Change Factors (2004 to 2005)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.74K | -4.68% |
| Total Change | $- | -4.47% |
Book Value vs Market Value Analysis
This analysis compares Equal Trading 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 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equal Trading 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): -4.68%
- 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: 1.11x
- Recent ROE (-4.68%) is above the historical average (-6.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -7.51% | 0.00% | 0.00x | 1.09x | $-136.09K |
| 2005 | -4.68% | 0.00% | 0.00x | 1.11x | $-108.98K |
Industry Comparison
This section compares Equal Trading Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equal Trading Inc (EQTD) | $725.01K | -7.51% | 0.13x | $1.00 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |