4 Less Group Inc
Auto Parts 4Less Group, Inc., operates as an e-commerce auto and truck parts sales company in the United States. The company offers automotive parts, including exhaust systems, suspension systems, wheels, tires, stereo systems, truck bed covers, and shocks for cars, trucks, boats, motorcycles, RVs, and other parts through AutoParts4Less.com. The company was formerly known as The 4Less Group, Inc.… Read more
4 Less Group Inc (FLES) - Net Assets
Latest net assets as of January 2024: $-27.05 Million USD
Based on the latest financial reports, 4 Less Group Inc (FLES) has net assets worth $-27.05 Million USD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($253.42K) and total liabilities ($27.31 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 | $-27.05 Million |
| % of Total Assets | -10674.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
4 Less Group Inc - Net Assets Trend (2008–2024)
This chart illustrates how 4 Less Group 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 4 Less Group Inc (2008–2024)
The table below shows the annual net assets of 4 Less Group Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | $-21.40 Million | 0.00% |
| 2023-01-31 | $-21.40 Million | -138.17% |
| 2022-01-31 | $-8.99 Million | -47.55% |
| 2021-01-31 | $-6.09 Million | +25.00% |
| 2020-01-31 | $-8.12 Million | -179.06% |
| 2019-01-31 | $-2.91 Million | -37.22% |
| 2018-01-31 | $-2.12 Million | 0.00% |
| 2017-01-31 | $-2.12 Million | -6.31% |
| 2016-01-31 | $-1.99 Million | -26.84% |
| 2015-01-31 | $-1.57 Million | -43.17% |
| 2014-01-31 | $-1.10 Million | -7502.03% |
| 2010-01-31 | $-14.45K | +77.32% |
| 2009-01-31 | $-63.71K | -398.65% |
| 2008-01-31 | $-12.78K | -- |
Equity Component Analysis
This analysis shows how different components contribute to 4 Less Group 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 4622048100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00 | % |
| Other Comprehensive Income | $-870.00 Million | % |
| Other Components | $894.83 Million | % |
| Total Equity | $-21.40 Million | 100.00% |
4 Less Group Inc Competitors by Market Cap
The table below lists competitors of 4 Less Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huddled Group Plc
LSE:HUD
|
$881.37 |
|
Doseology Sciences Inc.
OTCQB:DOSEF
|
$883.41 |
|
Finsbury Growth & Income Trust
LSE:FGT
|
$884.29 |
|
Select Sands Corp
PINK:SLSDF
|
$885.00 |
|
Ferronoux Holdings Inc
PSE:FERRO
|
$881.03 |
|
Media Sentiment Inc
PINK:MSEZ
|
$880.74 |
|
Kbridge Energy Corp
PINK:BMMCF
|
$880.54 |
|
Varsav Game Studios S.A.
WAR:VAR
|
$880.20 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 4 Less Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -21,403,126 to -21,403,126, a change of 0.
- Net loss of 17,784,525 reduced equity.
- Other comprehensive income decreased equity by 870,000,000.
- Other factors increased equity by 887,784,525.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.78 Million | -83.09% |
| Other Comprehensive Income | $-870.00 Million | -4064.83% |
| Other Changes | $887.78 Million | +4147.92% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares 4 Less Group 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 |
|---|---|---|---|
| 2008-01-31 | $-12777.00 | $0.00 | x |
| 2009-01-31 | $-31856.50 | $0.00 | x |
| 2010-01-31 | $-7224.00 | $0.00 | x |
| 2014-01-31 | $-549171.00 | $0.00 | x |
| 2015-01-31 | $-1572532.00 | $0.00 | x |
| 2016-01-31 | $-1994621.00 | $0.00 | x |
| 2018-01-31 | $-1060212.00 | $0.00 | x |
| 2019-01-31 | $-969894.67 | $0.00 | x |
| 2020-01-31 | $-938.25 | $0.00 | x |
| 2021-01-31 | $-8.60 | $0.00 | x |
| 2022-01-31 | $-321.24 | $0.00 | x |
| 2023-01-31 | $-11.74 | $0.00 | x |
| 2024-01-31 | $-12.91 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 4 Less Group 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: -423.15%
- • Asset Turnover: 10.31x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.47K |
| 2009 | 0.00% | -79186.00% | 0.45x | 0.00x | $-72.81K |
| 2010 | 0.00% | -19760.00% | 0.40x | 0.00x | $-47.96K |
| 2014 | 0.00% | -5919.71% | 2.39x | 0.00x | $-977.85K |
| 2015 | 0.00% | -2989.06% | 0.50x | 0.00x | $-584.87K |
| 2016 | 0.00% | -2568.25% | 47.30x | 0.00x | $-1.11 Million |
| 2017 | 0.00% | -671.59% | 26.31x | 0.00x | $7.79K |
| 2018 | 0.00% | -671.59% | 26.31x | 0.00x | $7.79K |
| 2019 | 0.00% | -2473.26% | 12.87x | 0.00x | $-609.69K |
| 2020 | 0.00% | -47.39% | 7.18x | 0.00x | $-3.07 Million |
| 2021 | 0.00% | 14.53% | 7.17x | 0.00x | $1.71 Million |
| 2022 | 0.00% | -73.24% | 10.71x | 0.00x | $-7.17 Million |
| 2023 | 0.00% | -423.15% | 10.31x | 0.00x | $-15.64 Million |
| 2024 | 0.00% | -423.15% | 10.31x | 0.00x | $-15.64 Million |
Industry Comparison
This section compares 4 Less Group Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 4 Less Group Inc (FLES) | $-27.05 Million | 0.00% | N/A | $881.18 |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |