Forecastagility Corporation
Forecastagility Corporation provides legacy application migration solutions to corporate clients in the United States and internationally. The company develops toolsets that migrate RPG and COBOL applications written for the IBM i-AS/400 environment to open platforms, such as Windows, Linux, or UNIX; and toolsets and services to modernize green screen applications for AS/400 and Mainframe environ… Read more
Forecastagility Corporation (FCGY) - Net Assets
Latest net assets as of September 2022: $1.88 Million USD
Based on the latest financial reports, Forecastagility Corporation (FCGY) has net assets worth $1.88 Million USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.21 Million) and total liabilities ($322.60K). 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 | $1.88 Million |
| % of Total Assets | 85.37% |
| Annual Growth Rate | 9.96% |
| 5-Year Change | 79.77% |
| 10-Year Change | N/A |
| Growth Volatility | 229.79 |
Forecastagility Corporation - Net Assets Trend (1999–2021)
This chart illustrates how Forecastagility Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Forecastagility Corporation (1999–2021)
The table below shows the annual net assets of Forecastagility Corporation from 1999 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $2.39 Million | -11.45% |
| 2020-12-31 | $2.70 Million | +20.58% |
| 2019-12-31 | $2.24 Million | +184.49% |
| 2001-12-31 | $-2.65 Million | -299.27% |
| 2000-12-31 | $1.33 Million | +349.23% |
| 1999-12-31 | $296.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forecastagility Corporation'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 grown by 51420000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $494.22K | 20.64% |
| Common Stock | $13.55K | 0.57% |
| Other Comprehensive Income | $-109.63K | -4.58% |
| Other Components | $2.00 Million | 83.37% |
| Total Equity | $2.39 Million | 100.00% |
Forecastagility Corporation Competitors by Market Cap
The table below lists competitors of Forecastagility Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
H-D International Holdings Group
PINK:HDIH
|
$1.87 |
|
Eco-Tek Group Inc.
PINK:ETEK
|
$1.88 |
|
Piedmont Community Bank Group Inc
PINK:PCBN
|
$1.88 |
|
Silverton Adventures
PINK:SVAD
|
$1.88 |
|
RTS Oil Holdings Inc
PINK:RTSO
|
$1.87 |
|
Flame Seal Products Inc
PINK:FLMP
|
$1.87 |
|
MHHC Enterprises Inc
OTCQB:MHHC
|
$1.87 |
|
Newberry Specialty Bakers Inc
PINK:NBRY
|
$1.87 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forecastagility Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 2,704,123 to 2,394,496, a change of -309,627 (-11.5%).
- Net loss of 309,677 reduced equity.
- Other comprehensive income decreased equity by 2,119,527.
- Other factors increased equity by 2,119,577.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-309.68K | -12.93% |
| Other Comprehensive Income | $-2.12 Million | -88.52% |
| Other Changes | $2.12 Million | +88.52% |
| Total Change | $- | -11.45% |
Book Value vs Market Value Analysis
This analysis compares Forecastagility Corporation'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.09 | $0.00 | x |
| 2020-12-31 | $0.11 | $0.00 | x |
| 2021-12-31 | $0.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forecastagility Corporation 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): -12.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.56%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.09x
- Recent ROE (-12.93%) is above the historical average (-191.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -660.29% | 0.00% | 0.00x | 1.00x | $-105.52K |
| 1999 | -141.56% | -15.51% | 2.84x | 3.22x | $-449.39K |
| 2000 | -547.50% | -411.42% | 0.21x | 6.27x | $-7.43 Million |
| 2001 | 0.00% | -74.38% | 4.55x | 0.00x | $-4.00 Million |
| 2019 | 4.12% | 8.58% | 0.45x | 1.08x | $-131.86K |
| 2020 | 18.72% | 31.02% | 0.56x | 1.07x | $235.82K |
| 2021 | -12.93% | -14.56% | 0.81x | 1.09x | $-549.13K |
Industry Comparison
This section compares Forecastagility Corporation's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,166,100,419
- Average return on equity (ROE) among peers: -60.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forecastagility Corporation (FCGY) | $1.88 Million | -660.29% | 0.17x | $1.87 |
| Abaxx Technologies Inc (ABXXF) | $-1.66 Million | 0.00% | 0.00x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $494.24K | -556.36% | 1.94x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $4.65 Billion | 15.57% | 0.23x | $100.66 Billion |
| Adcore Inc (ADCOF) | $-3.18 | 0.00% | 0.00x | $3.03 Million |
| ADEIA CORP (ADEA) | $446.70 Million | -41.54% | 0.09x | $2.48 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 20.87% | 4.70x | $83.68 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-23.08 Million | 0.00% | 0.00x | $0.98 |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $48.56 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.96 |