Here Media Inc
Here Media Inc. offers original programming content tailored for the lesbian, gay, bisexual, and transgender (LGBT) community on a subscription basis. The company publishes magazines and books, as well as operates companion Websites targeting the LGBT community. Its products include the magazines Out, The Advocate, and HIVPlus, as well as books published by Alyson Books, which are distributed thr… Read more
Here Media Inc (HRDI) - Net Assets
Latest net assets as of March 2010: $-11.50 Million USD
Based on the latest financial reports, Here Media Inc (HRDI) has net assets worth $-11.50 Million USD as of March 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.54 Million) and total liabilities ($32.04 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 | $-11.50 Million |
| % of Total Assets | -56.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.22 |
Here Media Inc - Net Assets Trend (2005–2009)
This chart illustrates how Here Media 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 Here Media Inc (2005–2009)
The table below shows the annual net assets of Here Media Inc from 2005 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $-10.23 Million | -228.28% |
| 2008-12-31 | $7.98 Million | -67.98% |
| 2007-12-31 | $24.91 Million | -51.30% |
| 2006-12-31 | $51.15 Million | -4.68% |
| 2005-12-31 | $53.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Here Media 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 1923400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.00K | % |
| Other Comprehensive Income | $-17.00K | % |
| Other Components | $5.10 Million | % |
| Total Equity | $-10.23 Million | 100.00% |
Here Media Inc Competitors by Market Cap
The table below lists competitors of Here Media Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Curtis Mathes Corp
PINK:CMCZ
|
$1.92 |
|
Viewcast.Com
PINK:VCST
|
$1.92 |
|
Koala Corporation
PINK:KARE
|
$1.92 |
|
Elliott Opportunity II Corp.
PINK:EOCWF
|
$1.92 |
|
Kuboo Inc
PINK:SGTB
|
$1.92 |
|
Big Buck Brewery & Steakhouse Inc
PINK:BBUCQ
|
$1.92 |
|
Starwin Media Holdings Inc
OTCGREY:SWMD
|
$1.92 |
|
Rushnet Inc
PINK:RSHN
|
$1.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Here Media Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 7,977,000 to -10,233,000, a change of -18,210,000 (-228.3%).
- Net loss of 15,338,000 reduced equity.
- Other comprehensive income increased equity by 77,000.
- Other factors decreased equity by 2,949,000.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.34 Million | -149.89% |
| Other Comprehensive Income | $77.00K | +0.75% |
| Other Changes | $-2.95 Million | -28.82% |
| Total Change | $- | -228.28% |
Book Value vs Market Value Analysis
This analysis compares Here Media 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 |
|---|---|---|---|
| 2005-12-31 | $2.84 | $0.00 | x |
| 2006-12-31 | $2.71 | $0.00 | x |
| 2007-12-31 | $1.32 | $0.00 | x |
| 2008-12-31 | $0.42 | $0.00 | x |
| 2009-12-31 | $-0.54 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Here Media 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: -56.98%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-85.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 5.11% | 7.70% | 0.46x | 1.45x | $-2.63 Million |
| 2006 | -7.25% | -5.40% | 0.73x | 1.83x | $-8.82 Million |
| 2007 | -205.43% | -96.52% | 1.28x | 1.66x | $-53.66 Million |
| 2008 | -220.02% | -88.55% | 1.17x | 2.12x | $-18.35 Million |
| 2009 | 0.00% | -56.98% | 1.14x | 0.00x | $-14.31 Million |
Industry Comparison
This section compares Here Media Inc's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $110,534,226
- Average return on equity (ROE) among peers: 1.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Here Media Inc (HRDI) | $-11.50 Million | 5.11% | N/A | $1.92 |
| COMTEX News Network Inc (CMTX) | $1.11 Million | -9.63% | 1.06x | $54.73K |
| Dallasnews Corp (DALN) | $118.85 Million | -15.01% | 0.86x | $64.35 Million |
| Digitiliti Inc (DIGI) | $-3.82 Million | 0.00% | 0.00x | $0.97 |
| The Detroit Legal News Company (DTRL) | $22.23 Million | 13.61% | 0.11x | $3.03 Million |
| Educational Development Corporation (EDUC) | $14.22 Million | 16.69% | 0.34x | $8.63 Million |
| Fame Productions Inc (FMPR) | $-99.41K | 0.00% | 0.00x | $455.95 |
| FP Newspapers Inc (FPNUF) | $52.21 Million | 8.52% | 0.01x | $1.85 Million |
| Future plc (FRNWF) | $61.30 Million | 2.61% | 1.00x | $707.50 Million |
| Gannett Co Inc (GCI) | $647.07 Million | 10.45% | 0.85x | $199.39 Million |
| Glacier Media Inc (GLMFF) | $192.27 Million | -7.78% | 0.37x | $4.43 Million |