Good Vibrations Shoes Inc
Good Vibrations Shoes Inc. does not have significant operations. The company intends to seek, investigate and, if such investigation warrants, engage in a business combination with a private entity. Previously, the company, through its subsidiary, Long Beard Brewing Company, operated craft or micro brewery in Long Island, New York. The company is based in Henderson, Nevada.
Good Vibrations Shoes Inc (GVSI) - Net Assets
Latest net assets as of June 2016: $-70.82K USD
Based on the latest financial reports, Good Vibrations Shoes Inc (GVSI) has net assets worth $-70.82K USD as of June 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($245.12K) and total liabilities ($315.94K). 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 | $-70.82K |
| % of Total Assets | -28.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 76.83 |
Good Vibrations Shoes Inc - Net Assets Trend (2000–2021)
This chart illustrates how Good Vibrations Shoes Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Good Vibrations Shoes Inc (2000–2021)
The table below shows the annual net assets of Good Vibrations Shoes Inc from 2000 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-6.15K | +93.96% |
| 2015-12-31 | $-101.82K | 0.00% |
| 2014-12-31 | $-101.82K | 0.00% |
| 2013-12-31 | $-101.82K | +86.65% |
| 2007-12-31 | $-762.67K | -24.88% |
| 2006-12-31 | $-610.72K | +19.71% |
| 2005-12-31 | $-760.65K | +34.92% |
| 2004-12-31 | $-1.17 Million | -174.25% |
| 2001-12-31 | $1.57 Million | -20.59% |
| 2000-12-31 | $1.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Good Vibrations Shoes Inc'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 444669600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.12 Million | % |
| Other Comprehensive Income | $-2.12 Million | % |
| Other Components | $2.51 Million | % |
| Total Equity | $-80.68K | 100.00% |
Good Vibrations Shoes Inc Competitors by Market Cap
The table below lists competitors of Good Vibrations Shoes Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cluster Group Holdings Limited Co.
PINK:CNCTD
|
$1.91 Million |
|
Limas Indonesia Makmur Tbk
JK:LMAS
|
$1.91 Million |
|
SOCIETE DES BOISSONS DU MAROC
BC:SOCIETE-DES-BOISSONS-DU-MAROC
|
$1.91 Million |
|
EMU NL
AU:EMU
|
$1.91 Million |
|
Arkha Jayanti Persada PT
JK:ARKA
|
$1.90 Million |
|
Karnalyte Resources Inc
PINK:KRLTF
|
$1.90 Million |
|
Man Sang International Limited
PINK:MSGNF
|
$1.90 Million |
|
Iveda Solutions Inc
NASDAQ:IVDA
|
$1.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Good Vibrations Shoes Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -27,135 to -80,681, a change of -53,546.
- Net loss of 53,546 reduced equity.
- Other comprehensive income increased equity by 287,911.
- Other factors decreased equity by 287,911.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.55K | -66.37% |
| Other Comprehensive Income | $287.91K | +356.85% |
| Other Changes | $-287.91K | -356.85% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Good Vibrations Shoes Inc'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 | $6.98 | $0.00 | x |
| 2001-12-31 | $5.28 | $0.00 | x |
| 2004-12-31 | $-2.33 | $0.00 | x |
| 2005-12-31 | $-2.11 | $0.00 | x |
| 2006-12-31 | $-0.87 | $0.00 | x |
| 2007-12-31 | $-1.08 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Good Vibrations Shoes Inc 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 above the historical average (-19.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -107.96% | -763.37% | 0.09x | 1.55x | $-2.34 Million |
| 2001 | -143.33% | -185.79% | 0.29x | 2.69x | $-2.30 Million |
| 2004 | 0.00% | -70.37% | 1.34x | 0.00x | $-368.42K |
| 2005 | 0.00% | -11.78% | 1.90x | 0.00x | $-35.96K |
| 2006 | 0.00% | -50.12% | 1.62x | 0.00x | $-224.10K |
| 2007 | 0.00% | -57.71% | 4.89x | 0.00x | $-160.69K |
| 2013 | 0.00% | -339.49% | 0.13x | 0.00x | $-91.64K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $7.08K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-254.60K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.48K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-105.54K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.27K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.48K |
Industry Comparison
This section compares Good Vibrations Shoes Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Good Vibrations Shoes Inc (GVSI) | $-70.82K | -107.96% | N/A | $1.91 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |