First State Financial Corporation
First State Financial Corporation operates as the bank holding company for First State Bank, which provides retail and commercial banking services to individuals, and small and medium-sized businesses in the west central region of Florida. The company primarily engages in generating deposits and originating loans. Its deposit products consist of certificates of deposit, checking and other demand … Read more
First State Financial Corporation (FSTF) - Net Assets
Latest net assets as of September 2025: $-102.61K USD
Based on the latest financial reports, First State Financial Corporation (FSTF) has net assets worth $-102.61K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($102.61K). 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 | $-102.61K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -100.23% |
| Growth Volatility | 97.39 |
First State Financial Corporation - Net Assets Trend (2000–2024)
This chart illustrates how First State Financial Corporation'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 State Financial Corporation (2000–2024)
The table below shows the annual net assets of First State Financial Corporation from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-102.61K | -21.63% |
| 2023-12-31 | $-84.36K | -3415.17% |
| 2022-12-31 | $-2.40K | -- |
| 2021-12-31 | $0.00 | -- |
| 2020-12-31 | $0.00 | -- |
| 2019-12-31 | $0.00 | -- |
| 2008-12-31 | $34.91 Million | -30.36% |
| 2007-12-31 | $50.13 Million | +3.31% |
| 2006-12-31 | $48.53 Million | +9.09% |
| 2005-12-31 | $44.48 Million | +5.53% |
| 2004-12-31 | $42.15 Million | +279.41% |
| 2003-12-31 | $11.11 Million | +5.37% |
| 2002-12-31 | $10.54 Million | +7.94% |
| 2001-12-31 | $9.77 Million | +7.12% |
| 2000-12-31 | $9.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First State Financial Corporation'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 3862318400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.92 Million | % |
| Other Components | $32.60 Million | % |
| Total Equity | $-102.61K | 100.00% |
First State Financial Corporation Competitors by Market Cap
The table below lists competitors of First State Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trojan Gold Inc.
F:KC1
|
$162.63 |
|
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC
LSE:MCT
|
$162.68 |
|
DDMP REIT Inc
PSE:DDMPR
|
$162.82 |
|
Seraphim Space Investment Trust PLC
LSE:SSIT
|
$162.96 |
|
TIANJIN JIN.PUB.U.H YC-10
F:TL6
|
$162.23 |
|
AMINO TECHNOLOGIES
BE:DWJ
|
$161.74 |
|
ARIANA RESOURCESLS -001
F:4A6
|
$161.33 |
|
Daya Materials Bhd
KLSE:0091
|
$161.29 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First State Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -84,364 to -102,614, a change of -18,250.
- Net loss of 18,250 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.25K | -17.79% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares First State Financial Corporation'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 |
|---|---|---|---|
| 2000-12-31 | $3.02 | $0.02 | x |
| 2001-12-31 | $3.20 | $0.02 | x |
| 2002-12-31 | $3.44 | $0.02 | x |
| 2003-12-31 | $3.63 | $0.02 | x |
| 2004-12-31 | $12.62 | $0.02 | x |
| 2005-12-31 | $7.55 | $0.02 | x |
| 2006-12-31 | $8.21 | $0.02 | x |
| 2007-12-31 | $8.47 | $0.02 | x |
| 2008-12-31 | $5.90 | $0.02 | x |
| 2018-12-31 | $-5.52 | $0.02 | x |
| 2019-12-31 | $-5.52 | $0.02 | x |
| 2020-12-31 | $-5.52 | $0.02 | x |
| 2021-12-31 | $-5.52 | $0.02 | x |
| 2022-12-31 | $0.00 | $0.02 | x |
| 2023-12-31 | $-0.01 | $0.02 | x |
| 2024-12-31 | $-0.02 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First State Financial Corporation 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 below the historical average (0.63%), 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 | 3.97% | 36.35% | 0.01x | 13.65x | $-549.90K |
| 2001 | 3.74% | 27.74% | 0.01x | 15.09x | $-611.80K |
| 2002 | 4.13% | 4.34% | 0.07x | 14.55x | $-619.40K |
| 2003 | 7.16% | 6.59% | 0.06x | 19.11x | $-316.00K |
| 2004 | 4.92% | 13.40% | 0.06x | 6.50x | $-2.14 Million |
| 2005 | 8.63% | 16.67% | 0.06x | 8.38x | $-611.40K |
| 2006 | 11.01% | 15.60% | 0.08x | 9.34x | $488.40K |
| 2007 | 4.76% | 6.44% | 0.08x | 9.47x | $-2.63 Million |
| 2008 | -40.73% | -45.76% | 0.07x | 13.46x | $-17.71 Million |
| 2022 | 0.00% | -20.00% | 1.00x | 0.00x | $-2.16K |
| 2023 | 0.00% | -356.19% | 0.00x | 0.00x | $-10.80K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.99K |
Industry Comparison
This section compares First State Financial Corporation's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First State Financial Corporation (FSTF) | $-102.61K | 3.97% | N/A | $162.60 |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |