Imaflex Inc
Imaflex Inc., together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for agriculture and packaging industries in Canada, the United States, and internationally. It offers metallized plastic films; polyethylene films and bags; agricultural films, including mulch, solarization, fumigation, compostable, and crop protection films; converter films and industrial… Read more
Imaflex Inc (IFLXF) - Net Assets
Latest net assets as of September 2025: $39.15 Million USD
Based on the latest financial reports, Imaflex Inc (IFLXF) has net assets worth $39.15 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.10 Million) and total liabilities ($25.95 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 | $39.15 Million |
| % of Total Assets | 60.14% |
| Annual Growth Rate | 13.27% |
| 5-Year Change | 79.74% |
| 10-Year Change | 222.2% |
| Growth Volatility | 21.33 |
Imaflex Inc - Net Assets Trend (1998–2024)
This chart illustrates how Imaflex 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 Imaflex Inc (1998–2024)
The table below shows the annual net assets of Imaflex Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $64.67 Million | +15.77% |
| 2023-12-31 | $55.86 Million | +1.29% |
| 2022-12-31 | $55.15 Million | +22.35% |
| 2021-12-31 | $45.07 Million | +25.28% |
| 2020-12-31 | $35.98 Million | +21.25% |
| 2019-12-31 | $29.67 Million | +4.39% |
| 2018-12-31 | $28.42 Million | +16.36% |
| 2017-12-31 | $24.43 Million | +18.37% |
| 2016-12-31 | $20.64 Million | +2.82% |
| 2015-12-31 | $20.07 Million | +11.33% |
| 2014-12-31 | $18.03 Million | +12.99% |
| 2013-12-31 | $15.96 Million | +8.02% |
| 2012-12-31 | $14.77 Million | -1.04% |
| 2011-12-31 | $14.93 Million | +6.42% |
| 2010-12-31 | $14.03 Million | -12.03% |
| 2009-12-31 | $15.94 Million | -3.90% |
| 2008-12-31 | $16.59 Million | -8.49% |
| 2007-12-31 | $18.13 Million | -0.31% |
| 2006-12-31 | $18.19 Million | -0.72% |
| 2005-12-31 | $18.32 Million | +100.59% |
| 2004-12-31 | $9.13 Million | +39.65% |
| 2003-12-31 | $6.54 Million | +29.22% |
| 2002-12-31 | $5.06 Million | +17.61% |
| 2001-12-31 | $4.30 Million | +4.46% |
| 2000-12-31 | $4.12 Million | +33.68% |
| 1999-12-31 | $3.08 Million | +21.65% |
| 1998-12-31 | $2.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Imaflex 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 6050.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $47.39 Million | 73.29% |
| Common Stock | $12.93 Million | 20.00% |
| Other Comprehensive Income | $4.34 Million | 6.72% |
| Total Equity | $64.67 Million | 100.00% |
Imaflex Inc Competitors by Market Cap
The table below lists competitors of Imaflex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haatz Inc
KQ:066130
|
$18.96 Million |
|
Neofect Co.Ltd
KQ:290660
|
$18.96 Million |
|
Heranba Industries Limited
NSE:HERANBA
|
$18.97 Million |
|
Black Hawk Acquisition Corporation Units
NASDAQ:BKHAU
|
$18.97 Million |
|
Microtips Technology
TWO:3285
|
$18.95 Million |
|
Thai Rayon Public Company Limited
BK:TR
|
$18.95 Million |
|
Aloys Inc.
KQ:297570
|
$18.95 Million |
|
Stars Microelectronics (Thailand) PCL
BK:SMT
|
$18.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Imaflex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,858,292 to 64,668,414, a change of 8,810,122 (15.8%).
- Net income of 7,460,734 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,349,388.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.46 Million | +11.54% |
| Other Comprehensive Income | $1.35 Million | +2.09% |
| Total Change | $- | 15.77% |
Book Value vs Market Value Analysis
This analysis compares Imaflex 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: 0.81x
- 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.
- The price-to-book ratio has decreased from 11.77x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.08 | $1.00 | x |
| 1999-12-31 | $0.10 | $1.00 | x |
| 2000-12-31 | $0.14 | $1.00 | x |
| 2001-12-31 | $0.14 | $1.00 | x |
| 2002-12-31 | $0.14 | $1.00 | x |
| 2003-12-31 | $0.21 | $1.00 | x |
| 2004-12-31 | $0.28 | $1.00 | x |
| 2005-12-31 | $0.55 | $1.00 | x |
| 2006-12-31 | $0.42 | $1.00 | x |
| 2007-12-31 | $0.49 | $1.00 | x |
| 2008-12-31 | $0.44 | $1.00 | x |
| 2009-12-31 | $0.41 | $1.00 | x |
| 2010-12-31 | $0.36 | $1.00 | x |
| 2011-12-31 | $0.37 | $1.00 | x |
| 2012-12-31 | $0.35 | $1.00 | x |
| 2013-12-31 | $0.37 | $1.00 | x |
| 2014-12-31 | $0.41 | $1.00 | x |
| 2015-12-31 | $0.40 | $1.00 | x |
| 2016-12-31 | $0.42 | $1.00 | x |
| 2017-12-31 | $0.48 | $1.00 | x |
| 2018-12-31 | $0.56 | $1.00 | x |
| 2019-12-31 | $0.59 | $1.00 | x |
| 2020-12-31 | $0.71 | $1.00 | x |
| 2021-12-31 | $0.87 | $1.00 | x |
| 2022-12-31 | $1.06 | $1.00 | x |
| 2023-12-31 | $1.07 | $1.00 | x |
| 2024-12-31 | $1.24 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Imaflex 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): 11.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.79%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.39x
- Recent ROE (11.54%) is above the historical average (7.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 5.69% | 1.34% | 1.63x | 2.62x | $-109.15K |
| 1999 | 22.21% | 4.19% | 1.85x | 2.86x | $376.31K |
| 2000 | 25.10% | 5.03% | 1.77x | 2.83x | $621.83K |
| 2001 | 1.66% | 0.29% | 1.56x | 3.63x | $-358.91K |
| 2002 | 14.62% | 2.53% | 1.69x | 3.41x | $233.74K |
| 2003 | 22.61% | 4.09% | 1.73x | 3.20x | $824.66K |
| 2004 | 28.33% | 6.62% | 1.56x | 2.75x | $1.67 Million |
| 2005 | 20.71% | 7.61% | 1.35x | 2.01x | $1.96 Million |
| 2006 | -0.72% | -0.25% | 1.29x | 2.21x | $-1.95 Million |
| 2007 | -0.31% | -0.12% | 1.19x | 2.17x | $-1.87 Million |
| 2008 | -12.60% | -3.83% | 1.38x | 2.38x | $-3.75 Million |
| 2009 | -2.53% | -0.84% | 1.36x | 2.23x | $-2.00 Million |
| 2010 | -12.48% | -3.77% | 1.41x | 2.35x | $-3.15 Million |
| 2011 | 0.49% | 0.16% | 1.51x | 2.08x | $-1.42 Million |
| 2012 | -3.85% | -1.20% | 1.48x | 2.17x | $-2.05 Million |
| 2013 | 1.30% | 0.37% | 1.63x | 2.16x | $-1.39 Million |
| 2014 | -0.04% | -0.01% | 1.54x | 2.19x | $-1.81 Million |
| 2015 | 4.05% | 1.18% | 1.58x | 2.18x | $-1.19 Million |
| 2016 | 1.98% | 0.56% | 1.75x | 2.03x | $-1.66 Million |
| 2017 | 15.40% | 4.26% | 1.96x | 1.84x | $1.32 Million |
| 2018 | 12.49% | 4.11% | 1.61x | 1.89x | $707.60K |
| 2019 | 5.18% | 1.89% | 1.52x | 1.80x | $-1.43 Million |
| 2020 | 17.65% | 7.32% | 1.60x | 1.50x | $2.75 Million |
| 2021 | 18.56% | 7.78% | 1.65x | 1.44x | $3.86 Million |
| 2022 | 16.55% | 8.18% | 1.55x | 1.31x | $3.61 Million |
| 2023 | 0.91% | 0.54% | 1.19x | 1.40x | $-5.08 Million |
| 2024 | 11.54% | 6.79% | 1.22x | 1.39x | $993.89K |
Industry Comparison
This section compares Imaflex Inc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Imaflex Inc (IFLXF) | $39.15 Million | 5.69% | 0.66x | $18.96 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $605.72 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.72 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.11 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.41 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.67 Billion |