Legends Business Grp
Legends Business Group, Inc. focuses on manufacturing and/or testing various battery charging products in the United States. The company was incorporated in 2006 and is headquartered in Las Vegas, Nevada.
Legends Business Grp (LGBS) - Net Assets
Latest net assets as of September 2022: $2.29 Million USD
Based on the latest financial reports, Legends Business Grp (LGBS) has net assets worth $2.29 Million USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.22 Million) and total liabilities ($5.93 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 | $2.29 Million |
| % of Total Assets | 27.83% |
| Annual Growth Rate | 30.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Legends Business Grp - Net Assets Trend (2010–2021)
This chart illustrates how Legends Business Grp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Legends Business Grp (2010–2021)
The table below shows the annual net assets of Legends Business Grp from 2010 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $1.62 Million | +339.29% |
| 2020-12-31 | $-678.06K | -16.45% |
| 2019-12-31 | $-582.30K | -57.60% |
| 2018-12-31 | $-369.48K | +19.75% |
| 2015-12-31 | $-460.43K | +12.31% |
| 2014-12-31 | $-525.05K | -52.32% |
| 2013-12-31 | $-344.70K | -824.69% |
| 2011-12-31 | $-37.28K | -143.27% |
| 2010-12-31 | $86.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Legends Business Grp'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 112183100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.33 Million | 143.49% |
| Other Comprehensive Income | $11.71 Million | 721.47% |
| Total Equity | $1.62 Million | 100.00% |
Legends Business Grp Competitors by Market Cap
The table below lists competitors of Legends Business Grp ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Legends Business Grp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -678,064 to 1,622,557, a change of 2,300,621.
- Net loss of 64,676 reduced equity.
- Other comprehensive income increased equity by 2,365,297.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.68K | -3.99% |
| Other Comprehensive Income | $2.37 Million | +145.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Legends Business Grp'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: 0.14x
- 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 0.87x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Legends Business Grp 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): -3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.02%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.35x
- Recent ROE (-3.99%) is above the historical average (-140.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -1262.16% | -21744.35% | 0.01x | 5.52x | $-1.10 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-147.27K |
| 2013 | 0.00% | -10499.40% | 0.00x | 0.00x | $-70.42K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-192.50K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $110.66K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-44.93K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-154.77K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.95K |
| 2021 | -3.99% | -19.02% | 0.09x | 2.35x | $-226.93K |
Industry Comparison
This section compares Legends Business Grp's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $104,394,670
- Average return on equity (ROE) among peers: 16.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Legends Business Grp (LGBS) | $2.29 Million | -1262.16% | 2.59x | $0.90 |
| Acco Group Holdings Limited Ordinary Shares (ACCL) | $147.10K | 86.32% | 1.33x | $4.19 Million |
| American Diversified Holdings Corp (ADHC) | $-2.10 Million | 0.00% | 0.00x | $7.41 |
| Aeries Technology Inc. (AERT) | $-6.10 Million | 0.00% | 0.00x | $4.46 Million |
| American Education Center Inc (AMCT) | $1.22 Million | -103.83% | 5.10x | $3.39K |
| AMAYA Global Holdings Corp (AYAG) | $65.89 Million | 21.57% | 0.01x | $11.26 Million |
| Booz Allen Hamilton Holding (BAH) | $408.49 Million | 72.00% | 6.37x | $9.14 Billion |
| Broadcast Marketing Group Inc (BDCM) | $0.00 | 0.00% | 0.00x | $392.11 |
| BTS Group AB (publ) (BGPBF) | $580.55 Million | 16.90% | 1.11x | $296.77 Million |
| Blue Diamond Ventures Inc (BLDV) | $922.68K | 73.31% | 0.20x | $1.90 |
| Balance Labs Inc (BLNC) | $-5.07 Million | 0.00% | 0.00x | $6.49 Million |