Forwardly Inc
Forwardly Inc. provides identity theft solutions for individuals, groups, and corporations in the United States. The company offers guidelines and tips for safeguarding personal information, and technology to remedy identity breaches. It also provides three levels of protection for threats, including credit to non credit, offline, and online. In addition, the company offers "Clean ID,' that focus… Read more
Forwardly Inc (FORW) - Net Assets
Latest net assets as of June 2024: $-817.89K USD
Based on the latest financial reports, Forwardly Inc (FORW) has net assets worth $-817.89K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($438.11K) and total liabilities ($1.26 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 | $-817.89K |
| % of Total Assets | -186.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1310.26 |
Forwardly Inc - Net Assets Trend (2010–2023)
This chart illustrates how Forwardly 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 Forwardly Inc (2010–2023)
The table below shows the annual net assets of Forwardly Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-84.26K | -264.50% |
| 2022-12-31 | $51.22K | -92.84% |
| 2021-12-31 | $715.86K | +1674.84% |
| 2020-12-31 | $-45.46K | +71.43% |
| 2019-12-31 | $-159.09K | +17.32% |
| 2017-12-31 | $-192.43K | -0.70% |
| 2016-12-31 | $-191.09K | +34.03% |
| 2015-12-31 | $-289.67K | -2954.17% |
| 2011-12-31 | $10.15K | +163.79% |
| 2010-12-31 | $-15.91K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forwardly 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 723229400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $569.65K | % |
| Other Comprehensive Income | $-569.65K | % |
| Other Components | $7.36 Million | % |
| Total Equity | $-84.26K | 100.00% |
Forwardly Inc Competitors by Market Cap
The table below lists competitors of Forwardly Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Osmosun S.A.
F:V05
|
$1.79 Million |
|
AEROVIRONMENT (JPX.SG)
STU:JPX
|
$1.79 Million |
|
Archon Minerals Ltd
V:ACS
|
$1.79 Million |
|
HAVILA KYSTRUTEN AS NK 1
F:6FZ
|
$1.79 Million |
|
Hubify Ltd
AU:HFY
|
$1.79 Million |
|
Victory Supermarket Chain Ltd
TA:VCTR
|
$1.79 Million |
|
PNC FINL SER - Dusseldorf Stock Exchang
DU:PNP
|
$1.79 Million |
|
DOVER CORP. - Dusseldorf Stock Exchang
DU:DOV
|
$1.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forwardly Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 51,223 to -84,264, a change of -135,487 (-264.5%).
- Net loss of 364,000 reduced equity.
- Other comprehensive income decreased equity by 11,500.
- Other factors increased equity by 240,013.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-364.00K | -431.98% |
| Other Comprehensive Income | $-11.50K | -13.65% |
| Other Changes | $240.01K | +284.83% |
| Total Change | $- | -264.50% |
Book Value vs Market Value Analysis
This analysis compares Forwardly 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 | $0.00 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $0.00 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forwardly 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 (-1493.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-128.72K |
| 2011 | -11159.03% | -4215.84% | 0.02x | 116.05x | $-516.90K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.03K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $17.69K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $17.90K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-84.05K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-262.09K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-639.45K |
| 2021 | -182.58% | 0.00% | 0.00x | 6.12x | $-1.38 Million |
| 2022 | -5089.51% | 0.00% | 0.00x | 18.64x | $-2.61 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-355.57K |
Industry Comparison
This section compares Forwardly Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forwardly Inc (FORW) | $-817.89K | 0.00% | N/A | $1.79 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |