Imagination TV Inc
Imagination TV, Inc. owns and operates a network of city-based Websites for business and vacation travelers, and local individuals. Its Websites provide information about hotels, restaurant dining, golf courses, discount event tickets, discount car rentals, discount airfare, and attraction tickets. The company was formerly known as IC Places, Inc. and changed its name to Imagination TV, Inc. in O… Read more
Imagination TV Inc (IMTV) - Net Assets
Latest net assets as of September 2014: $-10.29K USD
Based on the latest financial reports, Imagination TV Inc (IMTV) has net assets worth $-10.29K USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($196.27) and total liabilities ($10.48K). 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 | $-10.29K |
| % of Total Assets | -5241.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Imagination TV Inc - Net Assets Trend (2010–2019)
This chart illustrates how Imagination TV 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 Imagination TV Inc (2010–2019)
The table below shows the annual net assets of Imagination TV Inc from 2010 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $-1.34 Million | -25.08% |
| 2018-12-31 | $-1.07 Million | -10.74% |
| 2017-12-31 | $-966.38K | -2.57% |
| 2016-12-31 | $-942.12K | -232053.17% |
| 2013-12-31 | $-405.82 | -100.02% |
| 2012-12-31 | $2.10 Million | +890.70% |
| 2011-12-31 | $-265.38K | -91.58% |
| 2010-12-31 | $-138.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Imagination TV 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 1596369100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.37K | % |
| Other Comprehensive Income | $15.74 Million | % |
| Total Equity | $-1.34 Million | 100.00% |
Imagination TV Inc Competitors by Market Cap
The table below lists competitors of Imagination TV Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Renewal Fuels Inc
PINK:RNWF
|
$0.93 |
|
Accelerated Technologies Holding Corp
PINK:ATHC
|
$0.93 |
|
Attune RTD Inc
PINK:AURT
|
$0.93 |
|
Virtual Medical International Inc
PINK:QEBR
|
$0.93 |
|
Wall Street Capital Inc
PINK:WSSE
|
$0.93 |
|
Oxford Investments Holdings Inc
PINK:OXIHF
|
$0.93 |
|
Sharpe Resources Corporation
PINK:SHGP
|
$0.93 |
|
Syntrol Corp
PINK:SNLP
|
$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Imagination TV Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from -1,070,166 to -1,338,572, a change of -268,406.
- Net loss of 268,000 reduced equity.
- Other comprehensive income increased equity by 15,771,803.
- Other factors decreased equity by 15,772,209.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-268.00K | -20.02% |
| Other Comprehensive Income | $15.77 Million | +1178.26% |
| Other Changes | $-15.77 Million | -1178.29% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Imagination TV 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 |
|---|---|---|---|
| 2010-12-31 | $-0.54 | $0.00 | x |
| 2011-12-31 | $-0.20 | $0.00 | x |
| 2012-12-31 | $0.07 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Imagination TV 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 (-37.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -3608.84% | 0.41x | 0.00x | $-867.10K |
| 2011 | 0.00% | -3256.84% | 0.12x | 0.00x | $-972.21K |
| 2012 | -296.37% | -3187.89% | 0.07x | 1.38x | $-6.43 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.87 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $49.61K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $56.79K |
| 2018 | 0.00% | -40.66% | 1.81x | 0.00x | $-5.98K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-134.14K |
Industry Comparison
This section compares Imagination TV 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 |
|---|---|---|---|---|
| Imagination TV Inc (IMTV) | $-10.29K | 0.00% | N/A | $0.93 |
| 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 |