Falken Industries
Falken Industries Ltd. develops, manufactures, and commercializes various lines of cleaning and maintenance products for the consumer, professional, and industrial sectors primarily in European Community. Falken Industries Ltd. was incorporated in 2003 and is based in Trenton, New Jersey.
Falken Industries (FLKI) - Net Assets
Latest net assets as of March 2014: $3.80 Million USD
Based on the latest financial reports, Falken Industries (FLKI) has net assets worth $3.80 Million USD as of March 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.49 Million) and total liabilities ($3.69 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 | $3.80 Million |
| % of Total Assets | 50.74% |
| Annual Growth Rate | 8.1% |
| 5-Year Change | 41.4% |
| 10-Year Change | N/A |
| Growth Volatility | 12.35 |
Falken Industries - Net Assets Trend (2008–2013)
This chart illustrates how Falken Industries's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Falken Industries (2008–2013)
The table below shows the annual net assets of Falken Industries from 2008 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $3.37 Million | +1.54% |
| 2012-12-31 | $3.32 Million | +5.02% |
| 2011-12-31 | $3.16 Million | +33.12% |
| 2010-12-31 | $2.37 Million | -0.39% |
| 2009-12-31 | $2.38 Million | +4.39% |
| 2008-12-31 | $2.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Falken Industries'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 66799300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.59 Million | 195.73% |
| Other Comprehensive Income | $556.79K | 16.54% |
| Other Components | $765.84K | 22.75% |
| Total Equity | $3.37 Million | 100.00% |
Falken Industries Competitors by Market Cap
The table below lists competitors of Falken Industries ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amcor Financial Corporation
OTCGREY:AFCL
|
$0.98 |
|
BPI Energy Holdings Inc
PINK:BPIGF
|
$0.98 |
|
Azteca Gold Corp
PINK:AZGFF
|
$0.99 |
|
Lifeline Biotechnologies Inc
PINK:LLBO
|
$0.99 |
|
Wake Up Now Inc
PINK:WORC
|
$0.98 |
|
Click To Raffle.Com Inc
PINK:AQFD
|
$0.98 |
|
Integral Vision Inc
PINK:INVI
|
$0.98 |
|
Drone Services USA Inc
PINK:DSUS
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Falken Industries's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 3,315,363 to 3,366,459, a change of 51,096 (1.5%).
- Net income of 67,219 contributed positively to equity growth.
- Other comprehensive income increased equity by 52,801.
- Other factors decreased equity by 68,924.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $67.22K | +2.0% |
| Other Comprehensive Income | $52.80K | +1.57% |
| Other Changes | $-68.92K | -2.05% |
| Total Change | $- | 1.54% |
Book Value vs Market Value Analysis
This analysis compares Falken Industries'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 |
|---|---|---|---|
| 2011-12-31 | $0.06 | $0.00 | x |
| 2012-12-31 | $0.06 | $0.00 | x |
| 2013-12-31 | $0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Falken Industries 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): 2.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.67%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.20x
- Recent ROE (2.00%) is above the historical average (-4.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -54.87% | -63.65% | 0.33x | 2.64x | $-982.74K |
| 2009 | 4.72% | 7.36% | 0.27x | 2.36x | $-85.22K |
| 2010 | 3.67% | 5.67% | 0.31x | 2.06x | $-101.57K |
| 2011 | 18.64% | 67.92% | 0.20x | 1.36x | $272.70K |
| 2012 | 1.49% | 6.60% | 0.17x | 1.36x | $-282.08K |
| 2013 | 2.00% | 10.67% | 0.09x | 2.20x | $-269.43K |
Industry Comparison
This section compares Falken Industries's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Falken Industries (FLKI) | $3.80 Million | -54.87% | 0.97x | $0.98 |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |