Light Media Holdings Inc
Light Media Holdings, Inc. provides inspirational media content products, technology, and services through audio, video, print, and Internet platorms worldwide. It owns 88 Web-domains and distributes audio and video content, as well as sells Internet advertising through its network of Websites. The company also owns and operates a FM radio station (Power 105.5/The King) in Albany, Georgia. The co… Read more
Light Media Holdings Inc (LGMH) - Net Assets
Latest net assets as of June 2024: $33.47K USD
Based on the latest financial reports, Light Media Holdings Inc (LGMH) has net assets worth $33.47K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.93K) and total liabilities ($1.46K). 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 | $33.47K |
| % of Total Assets | 95.83% |
| Annual Growth Rate | -9.93% |
| 5-Year Change | 57.84% |
| 10-Year Change | N/A |
| Growth Volatility | 97.74 |
Light Media Holdings Inc - Net Assets Trend (2009–2023)
This chart illustrates how Light Media Holdings 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 Light Media Holdings Inc (2009–2023)
The table below shows the annual net assets of Light Media Holdings Inc from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $162.22K | -27.46% |
| 2022-12-31 | $223.64K | +187.15% |
| 2021-12-31 | $77.88K | -74.77% |
| 2020-12-31 | $308.74K | +200.41% |
| 2019-12-31 | $102.77K | +22.58% |
| 2018-12-31 | $83.84K | -93.73% |
| 2012-12-31 | $1.34 Million | +0.21% |
| 2011-12-31 | $1.33 Million | +12.78% |
| 2010-12-31 | $1.18 Million | +68.61% |
| 2009-12-31 | $701.78K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Light Media Holdings 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 1984.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.65K | 3.48% |
| Other Comprehensive Income | $38.16K | 23.52% |
| Other Components | $2.27 Million | 1398.79% |
| Total Equity | $162.22K | 100.00% |
Light Media Holdings Inc Competitors by Market Cap
The table below lists competitors of Light Media Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telecard Ltd
KAR:TELE
|
$237.26 |
|
Great Wall Pan Asia Holdings Limited
F:MPY
|
$237.32 |
|
Underwood Capital Limited
F:2P9
|
$237.46 |
|
Global Helium Corp
PINK:HECOF
|
$238.32 |
|
IKEJA HOTELS PLC
XNSA:IKEJAHOTEL
|
$236.24 |
|
ITTEFAQ Iron Industries Ltd
KAR:ITTEFAQ
|
$236.17 |
|
Antera Ventures II Corp.
V:AVII-P
|
$235.99 |
|
Golden Grail Technology Corp
PINK:GOGY
|
$235.78 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Light Media Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 223,638 to 162,216, a change of -61,422 (-27.5%).
- Net loss of 61,921 reduced equity.
- Other comprehensive income increased equity by 5,161.
- Other factors decreased equity by 4,662.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-61.92K | -38.17% |
| Other Comprehensive Income | $5.16K | +3.18% |
| Other Changes | $-4.66K | -2.87% |
| Total Change | $- | -27.46% |
Book Value vs Market Value Analysis
This analysis compares Light Media Holdings 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: 8.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.74x to 8.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.03 | x |
| 2019-12-31 | $0.00 | $0.03 | x |
| 2020-12-31 | $0.01 | $0.03 | x |
| 2021-12-31 | $0.00 | $0.03 | x |
| 2022-12-31 | $0.00 | $0.03 | x |
| 2023-12-31 | $0.00 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Light Media Holdings 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): -38.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.26%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.03x
- Recent ROE (-38.17%) is below the historical average (-27.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -10.76% | -118.74% | 0.07x | 1.35x | $-145.68K |
| 2010 | -3.04% | -60.54% | 0.04x | 1.22x | $-154.33K |
| 2011 | -26.03% | -536.33% | 0.05x | 1.06x | $-480.75K |
| 2012 | 0.19% | 17.71% | 0.01x | 1.08x | $-131.20K |
| 2018 | -35.01% | -484.07% | 0.04x | 1.85x | $-37.73K |
| 2019 | -62.34% | -636.22% | 0.06x | 1.65x | $-74.34K |
| 2020 | -38.58% | -79.96% | 0.48x | 1.01x | $-149.98K |
| 2021 | -41.75% | -65.96% | 0.14x | 4.49x | $-40.31K |
| 2022 | -17.64% | -156.70% | 0.09x | 1.28x | $-61.80K |
| 2023 | -38.17% | -79.26% | 0.47x | 1.03x | $-78.14K |
Industry Comparison
This section compares Light Media Holdings Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Light Media Holdings Inc (LGMH) | $33.47K | -10.76% | 0.04x | $236.42 |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |