First Republic Corp. of America
First Republic Corporation of America (The) engages in the real estate, hotel, seafood, and textile businesses. The company owns various loft buildings, office buildings, industrial buildings, shopping centers, and residential and other properties, situated along the east coast of the United States. It owns and operates a hotel and convention center located in Liverpool, New York, which it operat… Read more
First Republic Corp. of America (FRPC) - Net Assets
Latest net assets as of March 2004: $57.25 Million USD
Based on the latest financial reports, First Republic Corp. of America (FRPC) has net assets worth $57.25 Million USD as of March 2004.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($93.95 Million) and total liabilities ($36.70 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 | $57.25 Million |
| % of Total Assets | 60.94% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.61 |
First Republic Corp. of America - Net Assets Trend (2000–2003)
This chart illustrates how First Republic Corp. of America's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Republic Corp. of America (2000–2003)
The table below shows the annual net assets of First Republic Corp. of America from 2000 to 2003.
| Year | Net Assets | Change |
|---|---|---|
| 2003-06-30 | $63.52 Million | -5.73% |
| 2002-06-30 | $67.39 Million | -3.29% |
| 2001-06-30 | $69.68 Million | +26.40% |
| 2000-06-30 | $55.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Republic Corp. of America'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 22.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2003)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $52.93 Million | 83.86% |
| Common Stock | $1.18 Million | 1.86% |
| Other Components | $9.01 Million | 14.28% |
| Total Equity | $63.11 Million | 100.00% |
First Republic Corp. of America Competitors by Market Cap
The table below lists competitors of First Republic Corp. of America ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRESTIGE ASSURANCE CO. PLC
XNSA:PRESTIGE
|
$9.23 |
|
Postd Merchant Banque
PINK:PMBY
|
$9.23 |
|
Link Reservations Inc
PINK:LRSV
|
$9.26 |
|
LINKAGE ASSURANCE PLC
XNSA:LINKASSURE
|
$9.27 |
|
NUWEW
PINK:NUWEW
|
$9.19 |
|
Emergent Health Corp
PINK:EMGE
|
$9.14 |
|
Winners Inc
PINK:WNRS
|
$9.04 |
|
All American Gld Crp
PINK:AAGC
|
$8.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Republic Corp. of America's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2002 to 2003, total equity changed from 66,801,421 to 63,112,371, a change of -3,689,050 (-5.5%).
- Net loss of 2,905,133 reduced equity.
- Other factors decreased equity by 783,917.
Equity Change Factors (2002 to 2003)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.91 Million | -4.6% |
| Other Changes | $-783.92K | -1.24% |
| Total Change | $- | -5.52% |
Book Value vs Market Value Analysis
This analysis compares First Republic Corp. of America'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 |
|---|---|---|---|
| 2000-06-30 | $0.00 | $0.00 | x |
| 2001-06-30 | $0.00 | $0.00 | x |
| 2002-06-30 | $0.00 | $0.00 | x |
| 2003-06-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Republic Corp. of America 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): -4.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.68%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.59x
- Recent ROE (-4.60%) is below the historical average (3.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -0.51% | -0.43% | 0.65x | 1.83x | $-5.73 Million |
| 2001 | 21.27% | 20.98% | 0.67x | 1.51x | $7.79 Million |
| 2002 | -2.91% | -3.15% | 0.62x | 1.48x | $-8.63 Million |
| 2003 | -4.60% | -5.68% | 0.51x | 1.59x | $-9.22 Million |
Industry Comparison
This section compares First Republic Corp. of America's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $772,489,888
- Average return on equity (ROE) among peers: -12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Republic Corp. of America (FRPC) | $57.25 Million | -0.51% | 0.64x | $9.21 |
| All American Pet Co (AAPT) | $-1.12 Million | 0.00% | 0.00x | $0.97 |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.27 Billion |
| ADM Endeavors Inc (ADMQ) | $284.02K | -124.30% | 3.55x | $3.87 Million |
| Amentum Holdings Inc. (AMTM) | $4.55 Billion | -1.80% | 1.63x | $4.20 Billion |
| Anacomp Inc (ANMP) | $101.14 Million | -0.68% | 0.63x | $976.94K |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $5.65 Million | 2.35% | 0.50x | $30.94 Million |
| Applus Services S.A (APLUF) | $642.95 Million | 7.56% | 2.78x | $16.82 Million |
| ARC Document Solutions Inc (ARC) | $-35.01 Million | 0.00% | 0.00x | $110.98 Million |
| Aramark Holdings (ARMK) | $2.75 Billion | -16.80% | 4.72x | $10.51 Billion |
| Atento S.A. (ATTOF) | $-348.87 Million | 0.00% | 0.00x | $945.48 |