eWorld Companies Inc
eWorld Companies, Inc., through its subsidiary, Angelini Trading Company, distributes range of wines and specialized food items in Italy and the United States. The company offers various wines, pastas, olive oils, and other specialty food items. It provides wines primarily under the Benevento and Caponero brands, as well as exports its products. The company is based in Escondido, California.
eWorld Companies Inc (EWRC) - Net Assets
Latest net assets as of September 2024: $-3.44 Million USD
Based on the latest financial reports, eWorld Companies Inc (EWRC) has net assets worth $-3.44 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.07 Million) and total liabilities ($5.52 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 | $-3.44 Million |
| % of Total Assets | -166.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
eWorld Companies Inc - Net Assets Trend (2003–2023)
This chart illustrates how eWorld Companies 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 eWorld Companies Inc (2003–2023)
The table below shows the annual net assets of eWorld Companies Inc from 2003 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-3.72 Million | -8.05% |
| 2022-12-31 | $-3.44 Million | +62.35% |
| 2021-12-31 | $-9.14 Million | -3530.84% |
| 2020-12-31 | $-251.84K | 0.00% |
| 2019-12-31 | $-251.84K | +89.20% |
| 2014-12-31 | $-2.33 Million | -1.70% |
| 2013-12-31 | $-2.29 Million | +2.46% |
| 2012-12-31 | $-2.35 Million | -1407.81% |
| 2007-12-31 | $-155.94K | -105.34% |
| 2003-12-31 | $2.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to eWorld Companies 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 23610177600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.02 Million | % |
| Other Comprehensive Income | $-11.02 Million | % |
| Other Components | $242.84 Million | % |
| Total Equity | $-3.72 Million | 100.00% |
eWorld Companies Inc Competitors by Market Cap
The table below lists competitors of eWorld Companies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3DShopping.com
PINK:THDS
|
$6.82 |
|
Sycamore Entmt Grp
PINK:SEGI
|
$6.88 |
|
Global Profit Tech
PINK:GLPT
|
$6.94 |
|
REGENCY ASSURANCE PLC
XNSA:REGALINS
|
$6.99 |
|
Coastal Capital Acq
PINK:CCAJ
|
$6.80 |
|
LFM Properties Corp.
PSE:LPC
|
$6.80 |
|
Wanderport Corp
PINK:WDRP
|
$6.66 |
|
Wireless Xcessories Group Inc
PINK:WIRX
|
$6.61 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in eWorld Companies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,442,268 to -3,719,299, a change of -277,031.
- Net loss of 277,031 reduced equity.
- Other comprehensive income decreased equity by 1.
- Other factors increased equity by 1.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-277.03K | -7.45% |
| Other Comprehensive Income | $-1.00 | -0.0% |
| Other Changes | $1.00 | +0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares eWorld Companies 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 |
|---|---|---|---|
| 2003-12-31 | $13.34 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently eWorld Companies 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-38.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -306.89% | -229.27% | 0.58x | 2.33x | $-9.25 Million |
| 2007 | 0.00% | -11091.96% | 43.50x | 0.00x | $-3.54 Million |
| 2012 | 0.00% | 13.64% | 0.48x | 0.00x | $318.40K |
| 2013 | 0.00% | 12.69% | 0.36x | 0.00x | $287.21K |
| 2014 | 0.00% | -323.76% | 0.69x | 0.00x | $-2.92 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $8.10K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.02 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $94.90K |
Industry Comparison
This section compares eWorld Companies Inc's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $2,654,533,832
- Average return on equity (ROE) among peers: 20.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| eWorld Companies Inc (EWRC) | $-3.44 Million | -306.89% | N/A | $6.81 |
| Andrew Peller Limited (ADWPF) | $220.25 Million | 13.67% | 1.09x | $98.78 Million |
| Agencia Comercial Spirits Ltd Class A Ordinary Shares (AGCC) | $1.21 Million | 19.76% | 1.23x | $74.90 Million |
| Aristocrat Group Corp (ASCC) | $-358.17K | 0.00% | 0.00x | $74.46K |
| Australian Vintage Ltd (AUVGF) | $13.86 Million | 10.42% | 0.83x | $16.12 Million |
| Becle SA de CV (BCCLF) | $23.65 Billion | 22.45% | 0.63x | $555.00 Million |
| Brown-Forman Corporation (BF-A) | $634.00 Million | 25.24% | 1.18x | $7.60 Billion |
| Fitvia Corp (BRZV) | $-104.27K | 0.00% | 0.00x | $0.99 |
| Heritage Distilling Holding Company, Inc. Common Stock (CASK) | $791.77K | 89.73% | 34.36x | $14.08 Million |
| China Tontine Wines Group Limited (CATWF) | $1.85 Billion | 4.80% | 0.04x | $7.70 Million |
| Corby Spirit and Wine Limited (CBYDF) | $177.28 Million | 14.46% | 0.29x | $169.86 Million |