FlexPower Inc
Flex-Power Inc., a financial services company, through its subsidiaries, provides discreet secured collateralized lending services. Its IntelliCash platform offers asset lending services to small business owners, entrepreneurs, and high-net-worth individuals allowing liquidity against personal assets, such as jewelry, luxury watches, luxury cars, fine art, and antiques. The company is based in Ta… Read more
FlexPower Inc (FLXP) - Net Assets
Latest net assets as of December 2018: $-1.07 Million USD
Based on the latest financial reports, FlexPower Inc (FLXP) has net assets worth $-1.07 Million USD as of December 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.32K) and total liabilities ($1.16 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 | $-1.07 Million |
| % of Total Assets | -1255.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
FlexPower Inc - Net Assets Trend (2014–2018)
This chart illustrates how FlexPower 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 FlexPower Inc (2014–2018)
The table below shows the annual net assets of FlexPower Inc from 2014 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $-1.07 Million | -17.76% |
| 2017-12-31 | $-909.94K | -16.24% |
| 2016-12-31 | $-782.85K | -16.65% |
| 2015-12-31 | $-671.09K | -65.57% |
| 2014-12-31 | $-405.32K | -- |
Equity Component Analysis
This analysis shows how different components contribute to FlexPower 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 grown by 53315700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $202.26K | % |
| Other Comprehensive Income | $4.16K | % |
| Other Components | $991.20K | % |
| Total Equity | $-1.07 Million | 100.00% |
FlexPower Inc Competitors by Market Cap
The table below lists competitors of FlexPower Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evolution Technology Resources Inc
PINK:ETKR
|
$0.92 |
|
Capital Financial Gl
PINK:CFGX
|
$0.92 |
|
Cal-Bay Intl Inc
PINK:CBYI
|
$0.92 |
|
Cannlabs Inc
PINK:CANL
|
$0.92 |
|
VIP ComLink Inc
PINK:VIPK
|
$0.92 |
|
Active Health Foods
PINK:AHFD
|
$0.92 |
|
China Mulans Nano Technology Corp. Ltd
PINK:CMNT
|
$0.92 |
|
LGX Oil + Gas Inc
PINK:ROAOF
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FlexPower Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -909,942 to -1,071,524, a change of -161,582.
- Net loss of 352,765 reduced equity.
- Other factors increased equity by 191,183.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-352.76K | -32.92% |
| Other Changes | $191.18K | +17.84% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares FlexPower 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 |
|---|---|---|---|
| 2015-12-31 | $-0.02 | $0.00 | x |
| 2016-12-31 | $-0.02 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FlexPower 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: -1129.21%
- • Asset Turnover: 0.37x
- • 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 |
|---|---|---|---|---|---|
| 2014 | 0.00% | -123.63% | 1.49x | 0.00x | $-183.36K |
| 2015 | 0.00% | -388.12% | 3.06x | 0.00x | $-674.16K |
| 2016 | 0.00% | -390074.04% | 0.01x | 0.00x | $-2.15 Million |
| 2017 | 0.00% | 14895.72% | 0.08x | 0.00x | $1.80 Million |
| 2018 | 0.00% | -1129.21% | 0.37x | 0.00x | $-245.61K |
Industry Comparison
This section compares FlexPower Inc's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FlexPower Inc (FLXP) | $-1.07 Million | 0.00% | N/A | $0.92 |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |