Founders Bay Holdings
Founders Bay Holdings and its subsidiaries provide medical diagnostic services. The company develops, operates, and administers the use of magnetic resonance imaging equipment in medical diagnostic centers, which provide medical diagnostic services to health maintenance organizations, preferred provider organizations, trade unions, clinics, and other health care providers. The company was incorpo… Read more
Founders Bay Holdings (FDBH) - Net Assets
Latest net assets as of September 2021: $28.38 Million USD
Based on the latest financial reports, Founders Bay Holdings (FDBH) has net assets worth $28.38 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.91 Million) and total liabilities ($7.53 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 | $28.38 Million |
| % of Total Assets | 79.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | 208.31% |
| 10-Year Change | N/A |
| Growth Volatility | 4.9 |
Founders Bay Holdings - Net Assets Trend (1994–2020)
This chart illustrates how Founders Bay Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Founders Bay Holdings (1994–2020)
The table below shows the annual net assets of Founders Bay Holdings from 1994 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $25.38 Million | +38.42% |
| 2019-12-31 | $18.34 Million | +25.92% |
| 2018-12-31 | $14.56 Million | +28.94% |
| 2017-12-31 | $11.29 Million | +37.18% |
| 2016-12-31 | $8.23 Million | +27.20% |
| 2015-12-31 | $6.47 Million | +28.56% |
| 2014-12-31 | $5.03 Million | +659.44% |
| 1995-12-31 | $-899.92K | -1587.45% |
| 1994-12-31 | $-53.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Founders Bay Holdings'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 1717189700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.72 Million | 65.74% |
| Common Stock | $2.28 Million | 8.94% |
| Other Comprehensive Income | $2.28 Million | 8.94% |
| Other Components | $4.17 Million | 16.37% |
| Total Equity | $25.44 Million | 100.00% |
Founders Bay Holdings Competitors by Market Cap
The table below lists competitors of Founders Bay Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GIB Capital Group Inc
PINK:GIBX
|
$2.79 |
|
Baron Energy Inc
PINK:BROE
|
$2.80 |
|
Arboreta Healthcare Inc.
PINK:ARBH
|
$2.80 |
|
Symmetry Technologies Inc
PINK:SMMR
|
$2.81 |
|
Maxx Sports TV Inc
PINK:AMXX
|
$2.78 |
|
Il2m International Corp
PINK:ILIM
|
$2.76 |
|
Bioelectronics Corp
PINK:BIEL
|
$2.75 |
|
Covista Communications Inc
PINK:CVST
|
$2.74 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Founders Bay Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 18,336,489 to 25,439,833, a change of 7,103,344 (38.7%).
- Net income of 7,103,344 contributed positively to equity growth.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.10 Million | +27.92% |
| Total Change | $- | 38.74% |
Book Value vs Market Value Analysis
This analysis compares Founders Bay Holdings'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 |
|---|---|---|---|
| 2016-12-31 | $0.16 | $0.00 | x |
| 2017-12-31 | $0.23 | $0.00 | x |
| 2018-12-31 | $0.29 | $0.00 | x |
| 2019-12-31 | $0.37 | $0.00 | x |
| 2020-12-31 | $0.51 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Founders Bay Holdings 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): 27.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.16%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.00x
- Recent ROE (27.92%) is above the historical average (19.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 0.00% | -56.86% | 0.92x | 0.00x | $-517.86K |
| 1995 | 0.00% | -995.20% | 0.21x | 0.00x | $-1.96 Million |
| 2014 | 38.04% | 31.02% | 0.58x | 2.11x | $1.41 Million |
| 2015 | 22.22% | 23.18% | 0.52x | 1.85x | $790.61K |
| 2016 | 21.38% | 23.34% | 0.56x | 1.63x | $937.02K |
| 2017 | 27.11% | 32.71% | 0.55x | 1.51x | $1.93 Million |
| 2018 | 22.44% | 30.38% | 0.49x | 1.51x | $1.81 Million |
| 2019 | 20.58% | 30.13% | 0.68x | 1.01x | $1.94 Million |
| 2020 | 27.92% | 43.16% | 0.64x | 1.00x | $4.56 Million |
Industry Comparison
This section compares Founders Bay Holdings's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Founders Bay Holdings (FDBH) | $28.38 Million | 0.00% | 0.27x | $2.79 |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |