Flameret Inc
Flameret, Inc., a development stage company, focuses on manufacturing and distributing fire barrier product named Flameret. The Flameret is a flame retardant liquid applied to textiles for producing mattresses, to resist ignition from smoldering cigarettes, and to impede ignition from open-flame heat sources. It offers products comprising Flameret, a textile FR treatment; Ultra Flamex, a fire ext… Read more
Flameret Inc (FLRE) - Net Assets
Latest net assets as of November 2023: $-3.84 Million USD
Based on the latest financial reports, Flameret Inc (FLRE) has net assets worth $-3.84 Million USD as of November 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.31K) and total liabilities ($3.85 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 | $-3.84 Million |
| % of Total Assets | -37245.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Flameret Inc - Net Assets Trend (2009–2023)
This chart illustrates how Flameret 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 Flameret Inc (2009–2023)
The table below shows the annual net assets of Flameret Inc from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-08-31 | $-3.98 Million | +7.48% |
| 2022-08-31 | $-4.30 Million | -33.33% |
| 2021-08-31 | $-3.23 Million | +5.17% |
| 2020-08-31 | $-3.40 Million | -2.30% |
| 2019-08-31 | $-3.33 Million | -104.29% |
| 2014-08-31 | $-1.63 Million | -31.18% |
| 2013-08-31 | $-1.24 Million | -44.66% |
| 2012-08-31 | $-858.23K | -31.31% |
| 2011-08-31 | $-653.59K | -2271.50% |
| 2010-08-31 | $-27.56K | -1910.21% |
| 2009-08-31 | $-1.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flameret 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 991417700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.96K | % |
| Other Comprehensive Income | $-24.96K | % |
| Other Components | $5.95 Million | % |
| Total Equity | $-3.98 Million | 100.00% |
Flameret Inc Competitors by Market Cap
The table below lists competitors of Flameret Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Environmental Energy Corp
PINK:GEECF
|
$1.00 |
|
Green Cures & Botanical Distribution Inc
PINK:GRCU
|
$1.00 |
|
Mera Pharmaceuticals Inc
PINK:MRPI
|
$1.00 |
|
Equal Trading Inc
PINK:EQTD
|
$1.00 |
|
International Silver Inc
PINK:ISLV
|
$1.00 |
|
Beamz Interactive
PINK:BZIC
|
$1.00 |
|
Vitamin Blue
PINK:VTMB
|
$1.00 |
|
Zulu-Tek Inc
PINK:ZULU
|
$1.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flameret Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,303,407 to -3,981,344, a change of 322,063.
- Net loss of 127,000 reduced equity.
- Other factors increased equity by 449,063.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-127.00K | -3.19% |
| Other Changes | $449.06K | +11.28% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Flameret 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 |
|---|---|---|---|
| 2009-08-31 | $0.18 | $0.00 | x |
| 2010-08-31 | $-1.53 | $0.00 | x |
| 2011-08-31 | $-1.68 | $0.00 | x |
| 2012-08-31 | $0.00 | $0.00 | x |
| 2013-08-31 | $-0.01 | $0.00 | x |
| 2014-08-31 | $-0.01 | $0.00 | x |
| 2019-08-31 | $-0.01 | $0.00 | x |
| 2020-08-31 | $-0.01 | $0.00 | x |
| 2021-08-31 | $-0.01 | $0.00 | x |
| 2022-08-31 | $-0.02 | $0.00 | x |
| 2023-08-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flameret 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-48.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -535.66% | 0.00% | 0.00x | 1.00x | $-17.60K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.03K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.34 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-267.07K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-266.85K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-222.14K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $219.71K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $263.70K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $498.89K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $278.34K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $271.13K |
Industry Comparison
This section compares Flameret Inc's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,551,697,655
- Average return on equity (ROE) among peers: 0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flameret Inc (FLRE) | $-3.84 Million | -535.66% | N/A | $1.00 |
| Synalloy Corporation (ACNT) | $26.00 Million | 24.62% | 0.65x | $96.97 Million |
| Advance ZincTek Limited (ADVNF) | $34.99 Million | 6.26% | 0.09x | $5.02 Million |
| AdvanSix Inc (ASIX) | $215.36 Million | 15.86% | 3.20x | $435.20 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $6.00 Million | -43.48% | 0.19x | $437.78 Million |
| Braskem SA Class A (BAK) | $5.89 Billion | 14.66% | 7.38x | $970.61 Million |
| Bachem Holding AG (BCHMF) | $389.21 Million | 11.99% | 0.14x | $1.98 Billion |
| BASF SE NA O.N. (BFFAF) | $36.11 Billion | 13.04% | 1.40x | $47.09 Billion |
| BioLargo Inc (BLGO) | $-770.20K | 0.00% | 0.00x | $51.87 Million |
| Black Swan Graphene Inc. (BSWGF) | $13.83 Million | -43.99% | 0.01x | $10.07 Million |
| Celanese Corporation (CE) | $2.83 Billion | 10.75% | 2.03x | $6.44 Billion |