FlexiInternational Software Inc
FlexiInternational Software Inc. develops, markets, and supports back office accounting software solutions for companies in banking and credit union, insurance, financial services, and other service industries worldwide. The company offers offers FlexiFinancials suite that consists of FlexiLedger, a core repository of financial transactions; FlexiPayables, an accounts payable module; FlexiPurchas… Read more
FlexiInternational Software Inc (FLXI) - Net Assets
Latest net assets as of March 2004: $-813.00K USD
Based on the latest financial reports, FlexiInternational Software Inc (FLXI) has net assets worth $-813.00K USD as of March 2004.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.94 Million) and total liabilities ($3.75 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 | $-813.00K |
| % of Total Assets | -27.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 752.73 |
FlexiInternational Software Inc - Net Assets Trend (1996–2004)
This chart illustrates how FlexiInternational Software 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 FlexiInternational Software Inc (1996–2004)
The table below shows the annual net assets of FlexiInternational Software Inc from 1996 to 2004.
| Year | Net Assets | Change |
|---|---|---|
| 2004-12-31 | $-405.00K | +54.60% |
| 2003-12-31 | $-892.00K | +46.81% |
| 2002-12-31 | $-1.68 Million | +41.91% |
| 2001-12-31 | $-2.89 Million | -90.56% |
| 2000-12-31 | $-1.51 Million | +21.01% |
| 1999-12-31 | $-1.92 Million | -108.84% |
| 1998-12-31 | $21.71 Million | -21.65% |
| 1997-12-31 | $27.71 Million | +1529.76% |
| 1996-12-31 | $1.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FlexiInternational Software 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 3727600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2004)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $178.00K | % |
| Other Components | $56.29 Million | % |
| Total Equity | $-405.00K | 100.00% |
FlexiInternational Software Inc Competitors by Market Cap
The table below lists competitors of FlexiInternational Software Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKIL PORTS & LOG
BE:9KS
|
$3.80K |
|
Christopher & Banks Corporation
PINK:CBKCQ
|
$3.82K |
|
Ceylon Cold Stores PLC
CM:CCSN0000
|
$3.83K |
|
A-Frontier Co. Ltd.
KO:036180
|
$3.84K |
|
CHINA BLUECHEM -H-
MU:H1Q
|
$3.80K |
|
International Agricultural Products
EGX:IFAP
|
$3.79K |
|
Lankem Ceylon PLC
CM:LCEYN0000
|
$3.79K |
|
ASCENCIA LTD
SEM:ASCE-A
|
$3.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FlexiInternational Software Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2003 to 2004, total equity changed from -892,000 to -405,000, a change of 487,000.
- Net income of 528,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 218,000.
- Other factors increased equity by 177,000.
Equity Change Factors (2003 to 2004)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $528.00K | +130.37% |
| Other Comprehensive Income | $-218.00K | -53.83% |
| Other Changes | $177.00K | +43.7% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares FlexiInternational Software 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 |
|---|---|---|---|
| 1996-12-31 | $0.10 | $0.42 | x |
| 1997-12-31 | $1.68 | $0.42 | x |
| 1998-12-31 | $1.28 | $0.42 | x |
| 1999-12-31 | $-0.11 | $0.42 | x |
| 2000-12-31 | $-0.09 | $0.42 | x |
| 2001-12-31 | $-0.16 | $0.42 | x |
| 2002-12-31 | $-0.09 | $0.42 | x |
| 2003-12-31 | $-0.05 | $0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FlexiInternational Software 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: 8.50%
- • Asset Turnover: 2.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-55.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -435.29% | -89.16% | 1.06x | 4.59x | $-7.57 Million |
| 1997 | -9.54% | -12.22% | 0.61x | 1.29x | $-5.41 Million |
| 1998 | -55.90% | -40.20% | 0.86x | 1.61x | $-14.31 Million |
| 1999 | 0.00% | -118.82% | 1.29x | 0.00x | $-18.29 Million |
| 2000 | 0.00% | 1.26% | 1.88x | 0.00x | $308.50K |
| 2001 | 0.00% | -14.53% | 2.79x | 0.00x | $-1.09 Million |
| 2002 | 0.00% | 16.68% | 2.37x | 0.00x | $1.41 Million |
| 2003 | 0.00% | 12.11% | 2.26x | 0.00x | $917.20K |
| 2004 | 0.00% | 8.50% | 2.12x | 0.00x | $568.50K |
Industry Comparison
This section compares FlexiInternational Software Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FlexiInternational Software Inc (FLXI) | $-813.00K | -435.29% | N/A | $3.80K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |