Forecross Corp
Forecross Corporation designs and develops software to re-deploy and sustain legacy applications on the Internet. The company offers XML solutions that enable enterprises to make legacy applications e-Ready; and IT applications protection solution. Its automated migration solution includes convert/ADSOTM, which converts ADSO dialogs into functionally equivalent, ready-to-test, CICS command level … Read more
Forecross Corp (FRXX) - Net Assets
Latest net assets as of March 2002: $-1.61 Million USD
Based on the latest financial reports, Forecross Corp (FRXX) has net assets worth $-1.61 Million USD as of March 2002.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($971.75K) and total liabilities ($2.58 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 | $-1.61 Million |
| % of Total Assets | -165.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Forecross Corp - Net Assets Trend (1998–2001)
This chart illustrates how Forecross 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 Forecross Corp (1998–2001)
The table below shows the annual net assets of Forecross Corp from 1998 to 2001.
| Year | Net Assets | Change |
|---|---|---|
| 2001-09-30 | $-775.17K | +42.12% |
| 2000-09-30 | $-1.34 Million | +76.42% |
| 1999-09-30 | $-5.68 Million | -73.32% |
| 1998-09-30 | $-3.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forecross 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 443726200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2001)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.58 Million | % |
| Other Components | $1.08 Million | % |
| Total Equity | $-775.17K | 100.00% |
Forecross Corp Competitors by Market Cap
The table below lists competitors of Forecross Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evil Empire Designs Inc.
PINK:EVVL
|
$5.82K |
|
CHINA SOUTHN AIR-H-
BE:ZNHH
|
$5.82K |
|
Udapussellawa Plantations PLC
CM:UDPLN0000
|
$5.82K |
|
REPROCELL
BE:6RC
|
$5.82K |
|
Cairo Poultry
EGX:POUL
|
$5.81K |
|
Calnex Solutions Plc
LSE:CLX
|
$5.81K |
|
Town Centre Securities PLC
LSE:TOWN
|
$5.80K |
|
Chemanex PLC
CM:CHMXN0000
|
$5.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forecross Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2000 to 2001, total equity changed from -1,339,270 to -775,167, a change of 564,103.
- Net loss of 429,018 reduced equity.
- Other factors increased equity by 993,121.
Equity Change Factors (2000 to 2001)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-429.02K | -55.35% |
| Other Changes | $993.12K | +128.12% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Forecross 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 |
|---|---|---|---|
| 1998-09-30 | $0.00 | $0.00 | x |
| 1999-09-30 | $-0.47 | $0.00 | x |
| 2000-09-30 | $-0.10 | $0.00 | x |
| 2001-09-30 | $-0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forecross 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: -10.74%
- • Asset Turnover: 3.82x
- • 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 |
|---|---|---|---|---|---|
| 1998 | 0.00% | -32.48% | 3.59x | 0.00x | $-2.00 Million |
| 1999 | 0.00% | -78.93% | 4.26x | 0.00x | $-2.16 Million |
| 2000 | 0.00% | -32.42% | 2.60x | 0.00x | $-1.14 Million |
| 2001 | 0.00% | -10.74% | 3.82x | 0.00x | $-351.50K |
Industry Comparison
This section compares Forecross Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forecross Corp (FRXX) | $-1.61 Million | 0.00% | N/A | $5.82K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |