HighCom Global Security Inc
HighCom Global Security, Inc., together with its subsidiaries, designs, develops, manufactures, and distributes security products and personal protective gears in the United States and internationally. The company offers ballistic helmets, hard armor plates, soft armor vests, and ballistic shields. It also provides BlastWrap, a blast mitigation technology that contains explosions and suppresses r… Read more
HighCom Global Security Inc (HCGS) - Net Assets
Latest net assets as of December 2018: $8.11 Million USD
Based on the latest financial reports, HighCom Global Security Inc (HCGS) has net assets worth $8.11 Million USD as of December 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.33 Million) and total liabilities ($1.22 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 | $8.11 Million |
| % of Total Assets | 86.91% |
| Annual Growth Rate | 14.3% |
| 5-Year Change | 389.68% |
| 10-Year Change | N/A |
| Growth Volatility | 127.66 |
HighCom Global Security Inc - Net Assets Trend (2000–2018)
This chart illustrates how HighCom Global Security 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 HighCom Global Security Inc (2000–2018)
The table below shows the annual net assets of HighCom Global Security Inc from 2000 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $8.11 Million | +5.53% |
| 2017-12-31 | $7.69 Million | -20.48% |
| 2016-12-31 | $9.67 Million | +210.41% |
| 2015-12-31 | $3.11 Million | +87.99% |
| 2014-12-31 | $1.66 Million | +191.62% |
| 2013-12-31 | $-1.81 Million | -3.88% |
| 2012-12-31 | $-1.74 Million | +37.72% |
| 2011-12-31 | $-2.79 Million | -165.64% |
| 2010-12-31 | $-1.05 Million | -30.95% |
| 2009-12-31 | $-803.38K | -58.46% |
| 2008-12-31 | $-506.98K | -175.46% |
| 2007-12-31 | $671.87K | +162.55% |
| 2006-12-31 | $-1.07 Million | -163.84% |
| 2005-12-31 | $-407.12K | -145.56% |
| 2004-12-31 | $893.58K | +229.06% |
| 2003-12-31 | $-692.39K | -141.02% |
| 2002-12-31 | $-287.27K | -188.84% |
| 2001-12-31 | $-99.46K | -113.59% |
| 2000-12-31 | $732.05K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HighCom Global Security 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 decreased by 1024001900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $386.01K | 4.79% |
| Other Components | $18.64 Million | 231.15% |
| Total Equity | $8.07 Million | 100.00% |
HighCom Global Security Inc Competitors by Market Cap
The table below lists competitors of HighCom Global Security Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iflex Flexible Packaging, S.A.
MC:IFLEX
|
$14.96K |
|
Naples Soap Company, Inc.
OTCQB:NASOD
|
$14.97K |
|
Walrus Pump Co., Ltd.
TWO:6982
|
$14.99K |
|
The Herzfeld Caribbean Basin Fund Inc
F:HEC
|
$15.00K |
|
United Alloy-Tech Company
TWO:3162
|
$14.96K |
|
HiDeep Inc.
KO:365590
|
$14.93K |
|
RANI3F
SA:RANI3F
|
$14.93K |
|
Halo Collective Inc
PINK:HCANF
|
$14.93K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HighCom Global Security Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 7,651,112 to 8,066,290, a change of 415,178 (5.4%).
- Net income of 111,093 contributed positively to equity growth.
- Other factors increased equity by 304,085.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $111.09K | +1.38% |
| Other Changes | $304.08K | +3.77% |
| Total Change | $- | 5.43% |
Book Value vs Market Value Analysis
This analysis compares HighCom Global Security 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
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $5.53 | $0.00 | x |
| 2001-12-31 | $-0.75 | $0.00 | x |
| 2002-12-31 | $-0.90 | $0.00 | x |
| 2003-12-31 | $-1.06 | $0.00 | x |
| 2004-12-31 | $0.04 | $0.00 | x |
| 2005-12-31 | $-0.02 | $0.00 | x |
| 2006-12-31 | $-0.05 | $0.00 | x |
| 2007-12-31 | $0.02 | $0.00 | x |
| 2008-12-31 | $-0.01 | $0.00 | x |
| 2009-12-31 | $-0.02 | $0.00 | x |
| 2010-12-31 | $-0.02 | $0.00 | x |
| 2011-12-31 | $-0.04 | $0.00 | x |
| 2012-12-31 | $-0.01 | $0.00 | x |
| 2013-12-31 | $-0.01 | $0.00 | x |
| 2014-12-31 | $0.01 | $0.00 | x |
| 2015-12-31 | $0.01 | $0.00 | x |
| 2016-12-31 | $0.03 | $0.00 | x |
| 2017-12-31 | $0.02 | $0.00 | x |
| 2018-12-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HighCom Global Security 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): 1.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.48%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.16x
- Recent ROE (1.38%) is above the historical average (-37.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -78.39% | -137616.31% | 0.00x | 1.16x | $-647.07K |
| 2001 | 0.00% | -72158.14% | 0.03x | 0.00x | $-1.22 Million |
| 2002 | 0.00% | -593615.36% | 0.03x | 0.00x | $-2.10 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-723.98K |
| 2004 | -281.87% | -423320.00% | 0.00x | 2.26x | $-2.61 Million |
| 2005 | 0.00% | -156.85% | 1.43x | 0.00x | $-1.73 Million |
| 2006 | 0.00% | -264.77% | 1.42x | 0.00x | $-2.34 Million |
| 2007 | -569.64% | -935.77% | 0.23x | 2.60x | $-3.89 Million |
| 2008 | 0.00% | -204.08% | 1.36x | 0.00x | $-1.44 Million |
| 2009 | 0.00% | -1399.44% | 0.18x | 0.00x | $-617.88K |
| 2010 | 0.00% | -526.87% | 0.27x | 0.00x | $-358.41K |
| 2011 | 0.00% | -1158.61% | 0.08x | 0.00x | $-3.60 Million |
| 2012 | 0.00% | 29.89% | 0.97x | 0.00x | $1.22 Million |
| 2013 | 0.00% | -98.40% | 0.60x | 0.00x | $-1.86 Million |
| 2014 | 150.73% | 49.80% | 1.27x | 2.39x | $2.35 Million |
| 2015 | 31.90% | 12.88% | 1.63x | 1.52x | $679.02K |
| 2016 | 63.03% | 76.57% | 0.74x | 1.11x | $5.11 Million |
| 2017 | -27.69% | -34.08% | 0.71x | 1.15x | $-2.88 Million |
| 2018 | 1.38% | 1.48% | 0.80x | 1.16x | $-695.54K |
Industry Comparison
This section compares HighCom Global Security Inc's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $15,303,325,457
- Average return on equity (ROE) among peers: -13.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HighCom Global Security Inc (HCGS) | $8.11 Million | -78.39% | 0.15x | $14.96K |
| Airborne Security & Protective Services Inc (ABPR) | $-726.53K | 0.00% | 0.00x | $0.95 |
| ADT Inc (ADT) | $702.90 Million | -10.36% | 2.30x | $3.11 Billion |
| Aether Global Innovations Corp. (AETHF) | $-152.09K | 0.00% | 0.00x | $93.45K |
| Ameriguard Security Services Inc. (AGSS) | $-3.12 Million | 0.00% | 0.00x | $2.10 Million |
| Allegion PLC (ALLE) | $-55.70 Million | 0.00% | 0.00x | $12.39 Billion |
| Avante Logixx Inc (ALXXF) | $13.51 Million | -22.42% | 0.86x | $10.92 Million |
| ANTVF (ANTVF) | $254.48 Million | 4.87% | 0.92x | $55.07 Million |
| ASSA ABLOY AB (publ) (ASAZF) | $101.46 Billion | 14.45% | 1.05x | $29.24 Billion |
| Assa Abloy AB (ASAZY) | $50.66 Billion | 17.04% | 0.96x | $13.04 Billion |
| ATWEC Technologies Inc (ATWT) | $1.23 Million | -134.54% | 1.72x | $9.69 |