Freedom Holdings Inc
Freedom Holdings, Inc. focuses on acquisition of or business combination with one or more companies or operating businesses. The company was incorporated in 2005 and is based in Chatsworth, California. Freedom Holdings, Inc. is operates as a subsidiary of Medcann Industries, Inc.
Freedom Holdings Inc (FHLD) - Net Assets
Latest net assets as of June 2025: $30.75 Million USD
Based on the latest financial reports, Freedom Holdings Inc (FHLD) has net assets worth $30.75 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.67 Million) and total liabilities ($30.92 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 | $30.75 Million |
| % of Total Assets | 49.86% |
| Annual Growth Rate | 50.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.56 |
Freedom Holdings Inc - Net Assets Trend (2008–2024)
This chart illustrates how Freedom Holdings 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 Freedom Holdings Inc (2008–2024)
The table below shows the annual net assets of Freedom Holdings Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $22.92 Million | +5663.69% |
| 2023-09-30 | $-411.89K | +0.14% |
| 2022-09-30 | $-412.47K | -17.92% |
| 2021-09-30 | $-349.79K | -187.39% |
| 2020-09-30 | $-121.71K | -0.45% |
| 2019-09-30 | $-121.17K | +83.22% |
| 2011-09-30 | $-722.03K | -368.49% |
| 2010-09-30 | $268.93K | +293.73% |
| 2009-09-30 | $-138.81K | -537.61% |
| 2008-09-30 | $31.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freedom Holdings 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 666185800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.86K | 0.02% |
| Other Comprehensive Income | $-199.00 | 0.00% |
| Other Components | $39.22 Million | 133.97% |
| Total Equity | $29.27 Million | 100.00% |
Freedom Holdings Inc Competitors by Market Cap
The table below lists competitors of Freedom Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MAYR-MELNHOF KARTON - Dusseldorf Stock Exchang
DU:MYM
|
$894.66K |
|
MGT Capital Investments Inc
PINK:MGTI
|
$894.82K |
|
QLY Biotech Group Corp.
PINK:LQLY
|
$894.99K |
|
GP Global Power Ltd
TA:GPGB
|
$895.38K |
|
WEBUY GLOBAL LTD. Ordinary Shares
NASDAQ:WBUY
|
$893.97K |
|
GENUINE PARTS CO. - Dusseldorf Stock Exchang
DU:GPT
|
$893.89K |
|
Audalia Resources Ltd
AU:ACP
|
$893.85K |
|
Blackstar Enterprise Group Inc
PINK:BEGI
|
$893.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freedom Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -411,889 to 29,273,588, a change of 29,685,477.
- Net loss of 20,426 reduced equity.
- Other comprehensive income decreased equity by 194.
- Other factors increased equity by 29,706,096.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.43K | -0.07% |
| Other Comprehensive Income | $-193.50 | -0.0% |
| Other Changes | $29.71 Million | +101.48% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Freedom Holdings 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: 0.22x
- 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.
- The price-to-book ratio has increased from 0.01x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-09-30 | $12.58 | $0.12 | x |
| 2009-09-30 | $-37.27 | $0.12 | x |
| 2010-09-30 | $5488.31 | $0.12 | x |
| 2011-09-30 | $-6171.20 | $0.12 | x |
| 2019-09-30 | $-0.11 | $0.12 | x |
| 2020-09-30 | $-0.11 | $0.12 | x |
| 2021-09-30 | $-0.32 | $0.12 | x |
| 2022-09-30 | $-0.26 | $0.12 | x |
| 2023-09-30 | $-0.01 | $0.12 | x |
| 2024-09-30 | $0.52 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freedom Holdings 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): -0.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.60%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.03x
- Recent ROE (-0.07%) is above the historical average (-691.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -6503.57% | -121.85% | 0.80x | 66.63x | $-2.07 Million |
| 2009 | 0.00% | -44.70% | 0.71x | 0.00x | $-940.17K |
| 2010 | -415.05% | -587.41% | 0.07x | 10.21x | $-1.14 Million |
| 2011 | 0.00% | -467.97% | 0.17x | 0.00x | $-988.73K |
| 2019 | 0.00% | -3216.88% | 47.17x | 0.00x | $-232.20K |
| 2020 | 0.00% | -2160.07% | 601.00x | 0.00x | $-234.49K |
| 2021 | 0.00% | -871.91% | 14.73x | 0.00x | $-238.80K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $6.55K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-358.73K |
| 2024 | -0.07% | -1.60% | 0.04x | 1.03x | $-2.95 Million |
Industry Comparison
This section compares Freedom Holdings Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $512,197,557
- Average return on equity (ROE) among peers: -78.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freedom Holdings Inc (FHLD) | $30.75 Million | -6503.57% | 1.01x | $894.13K |
| Aferian Plc (AOECF) | $78.88 Million | -22.09% | 0.59x | $3.61 Million |
| TV Azteca S.A.B. de C.V (AZTEF) | $3.48 Billion | -18.61% | 7.05x | $89.58K |
| Beasley Broadcast Group Inc (BBGI) | $47.53 Million | -64.28% | 4.57x | $2.28 Million |
| Cumulus Media Inc Class A (CMLS) | $512.74 Million | 38.24% | 6.55x | $1.82 Million |
| Curiositystream Inc. (CURI) | $72.65 Million | -67.31% | 0.39x | $138.54 Million |
| Emmis Communications Corp (EMMS) | $-6.51 Million | 0.00% | 0.00x | $26.80 Million |
| Fubotv Inc (FUBO) | $283.82 Million | -101.28% | 3.34x | $409.09 Million |
| Granite Broadcasting Corporation (GRRP) | $26.99 Million | -302.20% | 16.49x | $1.99K |
| Gray Television Inc (GTN-A) | $117.11 Million | -172.51% | 9.92x | $894.19 Million |