Flexpoint Sensor Systems Inc
Flexpoint Sensor Systems, Inc. designs, engineers, manufactures, and sells bend sensor technology and products using its patented Bend Sensor flexible potentiometer technology. The company's Bend Sensor technology is a flexible potentiometer bend sensor product consisting of a coated substrate, such as plastic that changes electrical conductivity as it is bent in a consistent manner. It provides … Read more
Flexpoint Sensor Systems Inc (FLXT) - Net Assets
Latest net assets as of September 2024: $-164.23K USD
Based on the latest financial reports, Flexpoint Sensor Systems Inc (FLXT) has net assets worth $-164.23K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.17 Million) and total liabilities ($5.34 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 | $-164.23K |
| % of Total Assets | -3.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -88.35% |
| 10-Year Change | -93.04% |
| Growth Volatility | 332.48 |
Flexpoint Sensor Systems Inc - Net Assets Trend (1995–2023)
This chart illustrates how Flexpoint Sensor Systems 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 Flexpoint Sensor Systems Inc (1995–2023)
The table below shows the annual net assets of Flexpoint Sensor Systems Inc from 1995 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $254.48K | -75.52% |
| 2022-12-31 | $1.04 Million | -19.19% |
| 2021-12-31 | $1.29 Million | -34.84% |
| 2020-12-31 | $1.97 Million | -9.65% |
| 2019-12-31 | $2.18 Million | +31.15% |
| 2018-12-31 | $1.67 Million | -35.23% |
| 2017-12-31 | $2.57 Million | -11.55% |
| 2016-12-31 | $2.91 Million | -37.89% |
| 2015-12-31 | $4.68 Million | +28.03% |
| 2014-12-31 | $3.66 Million | -17.38% |
| 2013-12-31 | $4.43 Million | -7.94% |
| 2012-12-31 | $4.81 Million | -1.47% |
| 2011-12-31 | $4.88 Million | -21.77% |
| 2010-12-31 | $6.24 Million | +8.83% |
| 2009-12-31 | $5.73 Million | -13.95% |
| 2008-12-31 | $6.66 Million | -20.37% |
| 2007-12-31 | $8.36 Million | -4.34% |
| 2006-12-31 | $8.74 Million | -14.43% |
| 2005-12-31 | $10.22 Million | +27.60% |
| 2004-12-31 | $8.01 Million | +188.64% |
| 2003-12-31 | $-9.04 Million | -1.67% |
| 2002-12-31 | $-8.89 Million | -3.80% |
| 2001-12-31 | $-8.56 Million | -1571.35% |
| 1999-12-31 | $581.85K | -83.81% |
| 1998-12-31 | $3.59 Million | +160651.70% |
| 1997-12-31 | $-2.24K | -33.77% |
| 1996-12-31 | $-1.67K | -17.07% |
| 1995-12-31 | $-1.43K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flexpoint Sensor Systems 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 3166946900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $125.56K | 49.34% |
| Other Components | $31.80 Million | 12496.39% |
| Total Equity | $254.48K | 100.00% |
Flexpoint Sensor Systems Inc Competitors by Market Cap
The table below lists competitors of Flexpoint Sensor Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regenicin Inc.
PINK:RGIN
|
$12.56K |
|
SINO LAND CO
BE:SNO
|
$12.56K |
|
The Marketing Alliance Inc
PINK:MAAL
|
$12.57K |
|
Danang Airport Services JSC
VN:MAS
|
$12.58K |
|
Vietnam Maritime Development JSC
VN:VMS
|
$12.55K |
|
Abak SA
WAR:ABK
|
$12.54K |
|
Kornic Automation Co. Ltd.
KO:391710
|
$12.52K |
|
Emma Villas S.p.A.
F:B1K
|
$12.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flexpoint Sensor Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,039,421 to 254,482, a change of -784,939 (-75.5%).
- Net loss of 784,939 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-784.94K | -308.45% |
| Total Change | $- | -75.52% |
Book Value vs Market Value Analysis
This analysis compares Flexpoint Sensor Systems 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $-0.02 | $0.00 | x |
| 1996-12-31 | $-0.03 | $0.00 | x |
| 1997-12-31 | $-0.04 | $0.00 | x |
| 1998-12-31 | $1.76 | $0.00 | x |
| 1999-12-31 | $0.21 | $0.00 | x |
| 2001-12-31 | $-0.80 | $0.00 | x |
| 2002-12-31 | $-0.81 | $0.00 | x |
| 2003-12-31 | $-0.83 | $0.00 | x |
| 2004-12-31 | $0.43 | $0.00 | x |
| 2005-12-31 | $0.45 | $0.00 | x |
| 2006-12-31 | $0.38 | $0.00 | x |
| 2007-12-31 | $0.35 | $0.00 | x |
| 2008-12-31 | $0.27 | $0.00 | x |
| 2009-12-31 | $0.23 | $0.00 | x |
| 2010-12-31 | $0.22 | $0.00 | x |
| 2011-12-31 | $0.14 | $0.00 | x |
| 2012-12-31 | $0.12 | $0.00 | x |
| 2013-12-31 | $0.09 | $0.00 | x |
| 2014-12-31 | $0.07 | $0.00 | x |
| 2015-12-31 | $0.08 | $0.00 | x |
| 2016-12-31 | $0.04 | $0.00 | x |
| 2017-12-31 | $0.03 | $0.00 | x |
| 2018-12-31 | $0.02 | $0.00 | x |
| 2019-12-31 | $0.02 | $0.00 | x |
| 2020-12-31 | $0.02 | $0.00 | x |
| 2021-12-31 | $0.01 | $0.00 | x |
| 2022-12-31 | $0.01 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flexpoint Sensor Systems 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): -308.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -742.71%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 20.53x
- Recent ROE (-308.45%) is below the historical average (-93.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.04K |
| 1996 | 0.00% | -0.03% | 12428.57x | 0.00x | $-56.70 |
| 1997 | 0.00% | -0.22% | 18571.43x | 0.00x | $-341.20 |
| 1998 | -61.85% | -116.01% | 0.47x | 1.13x | $-2.58 Million |
| 1999 | -1511.91% | -1137.71% | 0.25x | 5.37x | $-8.86 Million |
| 2001 | 0.00% | -9166.51% | 0.04x | 0.00x | $-591.74K |
| 2002 | 0.00% | -512.52% | 5.00x | 0.00x | $563.10K |
| 2003 | 0.00% | -378.07% | 8.37x | 0.00x | $789.29K |
| 2004 | -56.32% | -1305.82% | 0.04x | 1.07x | $-5.31 Million |
| 2005 | -17.32% | -14053.35% | 0.00x | 1.01x | $-2.79 Million |
| 2006 | -28.74% | -2468.87% | 0.01x | 1.01x | $-3.39 Million |
| 2007 | -29.39% | -7805.90% | 0.00x | 1.01x | $-3.29 Million |
| 2008 | -30.04% | -1137.83% | 0.02x | 1.07x | $-2.67 Million |
| 2009 | -29.50% | -2706.67% | 0.01x | 1.16x | $-2.26 Million |
| 2010 | -29.45% | -1911.50% | 0.01x | 1.03x | $-2.46 Million |
| 2011 | -33.13% | -2233.49% | 0.01x | 1.22x | $-2.10 Million |
| 2012 | -21.85% | -2209.23% | 0.01x | 1.16x | $-1.53 Million |
| 2013 | -21.70% | -953.27% | 0.02x | 1.22x | $-1.40 Million |
| 2014 | -26.78% | -362.33% | 0.05x | 1.46x | $-1.34 Million |
| 2015 | -55.15% | -1866.34% | 0.03x | 1.13x | $-3.05 Million |
| 2016 | -71.99% | -665.57% | 0.06x | 1.76x | $-2.38 Million |
| 2017 | -42.13% | -318.15% | 0.07x | 1.96x | $-1.34 Million |
| 2018 | -54.39% | -338.39% | 0.05x | 2.98x | $-1.07 Million |
| 2019 | -26.32% | -69.03% | 0.16x | 2.35x | $-793.54K |
| 2020 | -30.75% | -610.50% | 0.02x | 2.49x | $-804.46K |
| 2021 | -53.47% | -327.09% | 0.04x | 3.83x | $-816.32K |
| 2022 | -77.43% | -532.45% | 0.03x | 5.00x | $-908.77K |
| 2023 | -308.45% | -742.71% | 0.02x | 20.53x | $-810.39K |
Industry Comparison
This section compares Flexpoint Sensor Systems Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flexpoint Sensor Systems Inc (FLXT) | $-164.23K | 0.00% | N/A | $12.55K |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |