Fortran Corp
Fortran Corporation, through its subsidiaries, engages in the sales, installation, and service of telecommunication systems. It provides communication solutions designing, sourcing, implementing, and maintenance services. Fortran Corporation was formerly known as Burke Mills Inc. and changed its name to Fortran Corporation in February 2013. Fortran Corporation was incorporated in 1948 and is head… Read more
Fortran Corp (FRTN) - Net Assets
Latest net assets as of March 2025: $-2.35 Million USD
Based on the latest financial reports, Fortran Corp (FRTN) has net assets worth $-2.35 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($979.00K) and total liabilities ($3.33 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 | $-2.35 Million |
| % of Total Assets | -240.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -13956.25% |
| Growth Volatility | 2895.61 |
Fortran Corp - Net Assets Trend (1985–2024)
This chart illustrates how Fortran Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fortran Corp (1985–2024)
The table below shows the annual net assets of Fortran Corp from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.62 Million | +10.37% |
| 2023-12-31 | $-2.92 Million | -12.91% |
| 2022-12-31 | $-2.59 Million | -26.69% |
| 2021-12-31 | $-2.04 Million | -17.29% |
| 2020-12-31 | $-1.74 Million | +0.69% |
| 2019-12-31 | $-1.75 Million | -247.33% |
| 2017-12-31 | $1.19 Million | -30.18% |
| 2016-12-31 | $1.70 Million | -43.50% |
| 2015-12-31 | $3.02 Million | +15864.39% |
| 2014-12-31 | $18.89K | +3430.47% |
| 2013-12-31 | $535.17 | +230.64% |
| 2012-12-31 | $161.86 | -99.95% |
| 2011-12-31 | $310.32K | -94.83% |
| 2007-12-31 | $6.00 Million | 0.00% |
| 2006-12-31 | $6.00 Million | -23.84% |
| 2005-12-31 | $7.87 Million | -19.62% |
| 2004-12-31 | $9.80 Million | -7.44% |
| 2003-12-31 | $10.58 Million | -19.13% |
| 2002-12-31 | $13.09 Million | -2.38% |
| 2001-12-31 | $13.41 Million | +2.40% |
| 2000-12-31 | $13.09 Million | -6.10% |
| 1999-12-31 | $13.94 Million | -1.82% |
| 1998-12-31 | $14.20 Million | +5.97% |
| 1997-12-31 | $13.40 Million | +4.69% |
| 1996-12-31 | $12.80 Million | +4.92% |
| 1995-12-31 | $12.20 Million | +7.96% |
| 1994-12-31 | $11.30 Million | +28.41% |
| 1993-12-31 | $8.80 Million | +4.76% |
| 1992-12-31 | $8.40 Million | +5.00% |
| 1991-12-31 | $8.00 Million | +1.27% |
| 1990-12-31 | $7.90 Million | -9.20% |
| 1989-12-31 | $8.70 Million | -2.25% |
| 1988-12-31 | $8.90 Million | +4.71% |
| 1987-12-31 | $8.50 Million | +6.25% |
| 1986-12-31 | $8.00 Million | +17.65% |
| 1985-12-31 | $6.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fortran Corp'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 444.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | % |
| Other Components | $3.92 Million | % |
| Total Equity | $-2.62 Million | 100.00% |
Fortran Corp Competitors by Market Cap
The table below lists competitors of Fortran Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EMBRY HOLDINGS
BE:E3S
|
$160.97 |
|
MedAvail Holdings Inc
NASDAQ:MDVLQ
|
$161.00 |
|
Paramount Spinning Mills Limited
KAR:PASM
|
$161.02 |
|
Daya Materials Bhd
KLSE:0091
|
$161.29 |
|
TransAtlantic Capital Inc
PINK:TACI
|
$160.57 |
|
First Prudential Modaraba
KAR:PMI
|
$160.02 |
|
First Capital Equites Limited
KAR:FCEL
|
$159.93 |
|
Skipton Building Society 8.5% PIBS
LSE:SBSA
|
$159.85 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fortran Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,921,000 to -2,618,000, a change of 303,000.
- Net income of 203,000 contributed positively to equity growth.
- Other factors increased equity by 100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $203.00K | +7.75% |
| Other Changes | $100.00K | +3.82% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Fortran Corp'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 |
|---|---|---|---|
| 1985-12-31 | $23.80 | $0.02 | x |
| 1986-12-31 | $27.43 | $0.02 | x |
| 1987-12-31 | $25.50 | $0.02 | x |
| 1988-12-31 | $28.93 | $0.02 | x |
| 1989-12-31 | $34.80 | $0.02 | x |
| 1990-12-31 | $28.64 | $0.02 | x |
| 1991-12-31 | $32.00 | $0.02 | x |
| 1992-12-31 | $31.50 | $0.02 | x |
| 1993-12-31 | $30.80 | $0.02 | x |
| 1994-12-31 | $40.44 | $0.02 | x |
| 1995-12-31 | $44.51 | $0.02 | x |
| 1996-12-31 | $42.67 | $0.02 | x |
| 1997-12-31 | $44.67 | $0.02 | x |
| 1998-12-31 | $51.81 | $0.02 | x |
| 1999-12-31 | $48.80 | $0.02 | x |
| 2000-12-31 | $47.76 | $0.02 | x |
| 2001-12-31 | $48.91 | $0.02 | x |
| 2002-12-31 | $47.74 | $0.02 | x |
| 2003-12-31 | $38.61 | $0.02 | x |
| 2004-12-31 | $35.74 | $0.02 | x |
| 2005-12-31 | $28.73 | $0.02 | x |
| 2006-12-31 | $21.88 | $0.02 | x |
| 2007-12-31 | $21.88 | $0.02 | x |
| 2012-12-31 | $0.00 | $0.02 | x |
| 2013-12-31 | $0.00 | $0.02 | x |
| 2014-12-31 | $0.00 | $0.02 | x |
| 2015-12-31 | $0.12 | $0.02 | x |
| 2016-12-31 | $0.06 | $0.02 | x |
| 2017-12-31 | $0.04 | $0.02 | x |
| 2019-12-31 | $-0.10 | $0.02 | x |
| 2020-12-31 | $-0.10 | $0.02 | x |
| 2021-12-31 | $-0.11 | $0.02 | x |
| 2022-12-31 | $-0.12 | $0.02 | x |
| 2023-12-31 | $-0.12 | $0.02 | x |
| 2024-12-31 | $-0.11 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fortran Corp 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: 19.19%
- • Asset Turnover: 3.39x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-24.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 5.88% | 2.56% | 1.68x | 1.37x | $-280.00K |
| 1986 | 8.75% | 3.66% | 1.79x | 1.34x | $-100.00K |
| 1987 | 3.53% | 1.42% | 1.83x | 1.35x | $-550.00K |
| 1988 | 4.49% | 1.97% | 1.65x | 1.38x | $-490.00K |
| 1989 | -2.30% | -0.86% | 1.69x | 1.57x | $-1.07 Million |
| 1990 | -10.13% | -3.90% | 1.65x | 1.57x | $-1.59 Million |
| 1991 | 1.25% | 0.51% | 1.64x | 1.51x | $-700.00K |
| 1992 | 4.76% | 1.81% | 1.69x | 1.56x | $-440.00K |
| 1993 | 4.55% | 1.49% | 1.82x | 1.67x | $-480.00K |
| 1994 | 22.12% | 6.91% | 2.18x | 1.47x | $1.37 Million |
| 1995 | 7.38% | 2.64% | 1.64x | 1.70x | $-320.00K |
| 1996 | 4.69% | 1.48% | 1.80x | 1.77x | $-680.00K |
| 1997 | 4.48% | 1.46% | 1.70x | 1.81x | $-740.00K |
| 1998 | 5.63% | 1.90% | 1.73x | 1.72x | $-620.00K |
| 1999 | -1.45% | -0.47% | 1.65x | 1.86x | $-1.60 Million |
| 2000 | -6.49% | -2.15% | 1.64x | 1.83x | $-2.16 Million |
| 2001 | 2.35% | 0.85% | 1.63x | 1.70x | $-1.03 Million |
| 2002 | -2.37% | -1.04% | 1.48x | 1.55x | $-1.62 Million |
| 2003 | -23.66% | -10.09% | 1.89x | 1.24x | $-3.56 Million |
| 2004 | -17.43% | -6.79% | 2.19x | 1.17x | $-2.69 Million |
| 2005 | -24.41% | -7.61% | 2.66x | 1.21x | $-2.71 Million |
| 2006 | -31.29% | -7.86% | 3.11x | 1.28x | $-2.48 Million |
| 2007 | -31.86% | -9.74% | 2.56x | 1.28x | $-2.51 Million |
| 2011 | -4.98% | -0.71% | 1.36x | 5.15x | $-46.50K |
| 2012 | 241.10% | 9.33% | 2.05x | 12.61x | $374.05 |
| 2013 | -13.72% | -2.18% | 0.91x | 6.87x | $-126.95 |
| 2014 | -1037.68% | -4.98% | 2.39x | 87.30x | $-197.95K |
| 2015 | 8.62% | 2.57% | 1.46x | 2.29x | $-41.48K |
| 2016 | 45.83% | 37.87% | 0.39x | 3.12x | $610.54K |
| 2017 | -43.22% | -45.74% | 0.23x | 4.13x | $-633.23K |
| 2019 | 0.00% | -364.24% | 1.45x | 0.00x | $-4.89 Million |
| 2020 | 0.00% | -67.03% | 1.82x | 0.00x | $-687.90K |
| 2021 | 0.00% | -40.79% | 4.50x | 0.00x | $-302.80K |
| 2022 | 0.00% | -32.47% | 1.83x | 0.00x | $-480.30K |
| 2023 | 0.00% | -76.71% | 5.25x | 0.00x | $-883.90K |
| 2024 | 0.00% | 19.19% | 3.39x | 0.00x | $464.80K |
Industry Comparison
This section compares Fortran Corp's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fortran Corp (FRTN) | $-2.35 Million | 5.88% | N/A | $160.64 |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |