Great American Financial Corporation
Great American Financial Corporation does not have significant operations. The company intends to be a holding company to invest in and building a network of operating subsidiaries that are engaged in different businesses. Previously, it was operated in the gaming industry. Great American Financial was incorporated in 1986 and is based in Norristown, Pennsylvania.
Great American Financial Corporation (GAFL) - Net Assets
Latest net assets as of September 2002: $-1.88 Million USD
Based on the latest financial reports, Great American Financial Corporation (GAFL) has net assets worth $-1.88 Million USD as of September 2002.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($500.00K) and total liabilities ($2.38 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 | $-1.88 Million |
| % of Total Assets | -376.4% |
| Annual Growth Rate | -13.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 88.72 |
Great American Financial Corporation - Net Assets Trend (1998–2000)
This chart illustrates how Great American 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 Great American Financial Corporation (1998–2000)
The table below shows the annual net assets of Great American Financial Corporation from 1998 to 2000.
| Year | Net Assets | Change |
|---|---|---|
| 2000-12-31 | $282.99K | -64.72% |
| 1999-12-31 | $802.22K | +112.72% |
| 1998-12-31 | $377.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great American 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 319661500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2001)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.27K | % |
| Other Components | $3.60 Million | % |
| Total Equity | $-1.90 Million | 100.00% |
Great American Financial Corporation Competitors by Market Cap
The table below lists competitors of Great American Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
For The Earth Corp
PINK:FTEG
|
$0.98 |
|
Enable IPC Corporation
OTCGREY:EIPC
|
$0.98 |
|
Horizons Holdings International Corp
PINK:HZHI
|
$0.98 |
|
American Environmental Inc
PINK:MZPS
|
$0.98 |
|
Patient Portal Technologies Inc
PINK:PPRG
|
$0.98 |
|
Velocity Energy Inc
PINK:VCYE
|
$0.98 |
|
Urologix Inc
PINK:ULGX
|
$0.98 |
|
Interplay Entertainment Corp
PINK:IPLY
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great American Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2000 to 2001, total equity changed from 282,990 to -1,895,877, a change of -2,178,867 (-769.9%).
- Net loss of 2,181,497 reduced equity.
- Other factors increased equity by 2,630.
Equity Change Factors (2000 to 2001)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.18 Million | -115.07% |
| Other Changes | $2.63K | +0.14% |
| Total Change | $- | -769.94% |
Book Value vs Market Value Analysis
This analysis compares Great American 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 |
|---|---|---|---|
| 2001-12-31 | $-0.49 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great American 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: -6950.98%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-75.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -18.95% | -21.97% | 0.18x | 4.71x | $-109.20K |
| 1999 | -40.87% | -27.34% | 0.65x | 2.30x | $-408.08K |
| 2000 | -242.85% | -103.17% | 0.45x | 5.26x | $-715.55K |
| 2001 | 0.00% | -6950.98% | 0.00x | 0.00x | $-1.99 Million |
Industry Comparison
This section compares Great American Financial Corporation's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Great American Financial Corporation (GAFL) | $-1.88 Million | -18.95% | N/A | $0.98 |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |