Flame Seal Products Inc
Flame Seal Products, Inc. develops fire prevention technologies in the United States. It offers fire retardant coatings, as well as fabric fire, leather fire, paper fire, wood fire, and wildfire retardants. Flame Seal Products, Inc. was founded in 1992 and is headquartered in Houston, Texas.
Flame Seal Products Inc (FLMP) - Net Assets
Latest net assets as of September 2016: $-149.61K USD
Based on the latest financial reports, Flame Seal Products Inc (FLMP) has net assets worth $-149.61K USD as of September 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.16 Million) and total liabilities ($1.31 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 | $-149.61K |
| % of Total Assets | -12.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Flame Seal Products Inc - Net Assets Trend (2009–2018)
This chart illustrates how Flame Seal Products 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 Flame Seal Products Inc (2009–2018)
The table below shows the annual net assets of Flame Seal Products Inc from 2009 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $612.38K | +235.53% |
| 2017-12-31 | $-451.85K | -205.72% |
| 2016-12-31 | $-147.80K | +86.82% |
| 2012-12-31 | $-1.12 Million | -36.73% |
| 2011-12-31 | $-820.37K | -203.88% |
| 2010-12-31 | $789.76K | +274.24% |
| 2009-12-31 | $-453.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flame Seal Products 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 319419700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $12.19 Million | 1990.18% |
| Total Equity | $612.38K | 100.00% |
Flame Seal Products Inc Competitors by Market Cap
The table below lists competitors of Flame Seal Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RTS Oil Holdings Inc
PINK:RTSO
|
$1.87 |
|
Forecastagility Corporation
PINK:FCGY
|
$1.87 |
|
H-D International Holdings Group
PINK:HDIH
|
$1.87 |
|
Eco-Tek Group Inc.
PINK:ETEK
|
$1.88 |
|
MHHC Enterprises Inc
OTCQB:MHHC
|
$1.87 |
|
Newberry Specialty Bakers Inc
PINK:NBRY
|
$1.87 |
|
CHC Group LLC
PINK:CHHCF
|
$1.87 |
|
RONN Inc.
PINK:RONN
|
$1.86 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flame Seal Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -451,850 to 612,375, a change of 1,064,225.
- Net income of 56,196 contributed positively to equity growth.
- Other comprehensive income increased equity by 753,835.
- Other factors increased equity by 254,194.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $56.20K | +9.18% |
| Other Comprehensive Income | $753.84K | +123.1% |
| Other Changes | $254.19K | +41.51% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Flame Seal Products 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: 0.02x
- 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 |
|---|---|---|---|
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flame Seal Products 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): 9.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.38%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 2.82x
- Recent ROE (9.18%) is above the historical average (-5.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | -108.18% | 3.75x | 0.00x | $-705.74K |
| 2010 | -45.11% | -33.38% | 9.31x | 0.15x | $-435.23K |
| 2011 | 0.00% | -66.77% | 4.45x | 0.00x | $-592.40K |
| 2012 | 0.00% | -49.62% | 5.59x | 0.00x | $-561.08K |
| 2016 | 0.00% | -0.12% | 2.67x | 0.00x | $10.97K |
| 2017 | 0.00% | -10.38% | 2.21x | 0.00x | $-214.14K |
| 2018 | 9.18% | 2.38% | 1.37x | 2.82x | $-5.04K |
Industry Comparison
This section compares Flame Seal Products Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,634,198,834
- Average return on equity (ROE) among peers: -11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flame Seal Products Inc (FLMP) | $-149.61K | 0.00% | N/A | $1.87 |
| AirBoss of America Corp (ABSSF) | $37.88 Million | 4.86% | 1.22x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $27.99 Million | 26.12% | 0.23x | $0.96 |
| Aimia Inc (AIMFF) | $1.33 Billion | 12.47% | 2.95x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $25.04 Billion | 12.29% | 0.93x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $6.31 Billion | 13.19% | 1.57x | $9.73 Billion |
| Albemarle Corp (ALB) | $9.78 Billion | -5.22% | 0.67x | $19.47 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $33.22 Billion | -32.85% | 2.09x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $22.64 Million | -123.97% | 0.68x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $544.00 Million | 9.23% | 0.58x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $28.52 Million | -34.80% | 0.69x | $212.84 Million |