Media Central Corporation Inc
Media Central Corporation Inc. operates as an independent and alternative media company in Canada. The company operates CannCentral.com, a wellness, travel, food and drink, pop culture, and cannabis content platform. It also provides NOW magazine for free-thinking and educated readers; The Georgia Straight, a news, lifestyle, and entertainment weekly that covers news, tech, arts, music, fashion, … Read more
Media Central Corporation Inc (FBOP) - Net Assets
Latest net assets as of September 2021: $-427.20K USD
Based on the latest financial reports, Media Central Corporation Inc (FBOP) has net assets worth $-427.20K USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.26 Million) and total liabilities ($2.68 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 | $-427.20K |
| % of Total Assets | -18.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -15.21% |
| 10-Year Change | N/A |
| Growth Volatility | 239.46 |
Media Central Corporation Inc - Net Assets Trend (2014–2020)
This chart illustrates how Media Central Corporation 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 Media Central Corporation Inc (2014–2020)
The table below shows the annual net assets of Media Central Corporation Inc from 2014 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $116.17K | -94.30% |
| 2019-12-31 | $2.04 Million | +240.15% |
| 2018-12-31 | $-1.45 Million | -235.08% |
| 2017-12-31 | $-434.18K | -416.92% |
| 2016-12-31 | $137.00K | +168.63% |
| 2015-12-31 | $51.00K | +104.98% |
| 2014-12-31 | $-1.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Media Central Corporation 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 245383500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.89 Million | 5971.38% |
| Other Comprehensive Income | $9.28 Million | 8042.90% |
| Total Equity | $115.38K | 100.00% |
Media Central Corporation Inc Competitors by Market Cap
The table below lists competitors of Media Central Corporation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Utama Radar Cahaya Tbk
JK:RCCC
|
$1.11 Million |
|
Acma Ltd
F:AAX1
|
$1.11 Million |
|
SolTech Energy Sweden AB
ST:SOLT
|
$1.11 Million |
|
CPT Global Ltd
AU:CGO
|
$1.11 Million |
|
Clean Energy Transition Inc.
V:TRAN
|
$1.11 Million |
|
RegenETP Inc.
PINK:RGTPQ
|
$1.11 Million |
|
Williamson Magor & Company Limited
NSE:WILLAMAGOR
|
$1.11 Million |
|
CLEARBRIDGE HEALTH LTD
F:5C6
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Media Central Corporation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 2,038,943 to 115,384, a change of -1,923,559 (-94.3%).
- Net loss of 4,560,000 reduced equity.
- Other comprehensive income increased equity by 9,280,219.
- Other factors decreased equity by 6,643,778.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.56 Million | -3952.02% |
| Other Comprehensive Income | $9.28 Million | +8042.9% |
| Other Changes | $-6.64 Million | -5757.97% |
| Total Change | $- | -94.34% |
Book Value vs Market Value Analysis
This analysis compares Media Central Corporation 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
- Current price-to-book ratio: 8.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $-0.06 | $0.00 | x |
| 2019-12-31 | $0.01 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Media Central Corporation 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): -3952.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -304.96%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 17.84x
- Recent ROE (-3952.02%) is below the historical average (-863.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -93.13% | 2.50x | 0.00x | $-2.09 Million |
| 2015 | -1813.73% | -43.67% | 2.19x | 18.96x | $-930.10K |
| 2016 | -10.95% | -0.33% | 3.93x | 8.53x | $-28.70K |
| 2017 | 0.00% | -36.35% | 4.88x | 0.00x | $-698.03K |
| 2018 | 0.00% | -91.63% | 2.02x | 0.00x | $-1.79 Million |
| 2019 | -269.14% | -4286.76% | 0.05x | 1.26x | $-5.69 Million |
| 2020 | -3952.02% | -304.96% | 0.73x | 17.84x | $-4.57 Million |
Industry Comparison
This section compares Media Central Corporation Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Media Central Corporation Inc (FBOP) | $-427.20K | 0.00% | N/A | $1.11 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |