Lig Assets Inc.
LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas. The company purchases commercial and residential real estate properties for resale and rental. It also invests, acquires, finances, and manages commercial properties, such as hotels, apartments, condos, retail, and office buildings; and offers loans for single family homes. The company was founded i… Read more
Lig Assets Inc. (LIGA) - Net Assets
Latest net assets as of December 2024: $1.91 Million USD
Based on the latest financial reports, Lig Assets Inc. (LIGA) has net assets worth $1.91 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.78 Million) and total liabilities ($871.14K). 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 | $1.91 Million |
| % of Total Assets | 68.65% |
| Annual Growth Rate | 3.27% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 273.12 |
Lig Assets Inc. - Net Assets Trend (2008–2024)
This chart illustrates how Lig Assets 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 Lig Assets Inc. (2008–2024)
The table below shows the annual net assets of Lig Assets Inc. from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.91 Million | +3.11% |
| 2023-12-31 | $1.85 Million | -5.60% |
| 2022-12-31 | $1.96 Million | -20.34% |
| 2021-12-31 | $2.46 Million | +323.44% |
| 2020-12-31 | $-1.10 Million | -87.30% |
| 2019-12-31 | $-587.72K | -149.16% |
| 2018-12-31 | $1.20 Million | +834.78% |
| 2017-12-31 | $-162.72K | -116.93% |
| 2016-12-31 | $961.39K | +147.31% |
| 2015-12-31 | $-2.03 Million | -11.25% |
| 2014-12-31 | $-1.83 Million | -121.52% |
| 2012-12-31 | $8.49 Million | +3.82% |
| 2011-12-31 | $8.17 Million | +796.90% |
| 2009-12-31 | $911.31K | -20.01% |
| 2008-12-31 | $1.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lig Assets 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 59.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $460.70K | 24.16% |
| Common Stock | $4.70K | 0.25% |
| Other Components | $1.44 Million | 75.60% |
| Total Equity | $1.91 Million | 100.00% |
Lig Assets Inc. Competitors by Market Cap
The table below lists competitors of Lig Assets Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gadwa For Industrial Development
EGX:GDWA
|
$144.83 |
|
Unitronix Corporation
PINK:UTRX
|
$144.92 |
|
OVOCA GOLD
MU:OVXA
|
$145.40 |
|
China Ivy School Inc
PINK:RGSG
|
$146.16 |
|
Verde Bio Holdings Inc
PINK:APHD
|
$143.77 |
|
First Seismic Corp
PINK:FSEI
|
$143.72 |
|
Egyptians For Investment & Urban Development
EGX:EIUD
|
$143.17 |
|
TBRDF
PINK:TBRDF
|
$142.64 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lig Assets Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,849,680 to 1,907,241, a change of 57,561 (3.1%).
- Net income of 182,525 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,849,680.
- Other factors increased equity by 1,724,716.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $182.53K | +9.57% |
| Other Comprehensive Income | $-1.85 Million | -96.98% |
| Other Changes | $1.72 Million | +90.43% |
| Total Change | $- | 3.11% |
Book Value vs Market Value Analysis
This analysis compares Lig Assets 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: 0.36x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $-0.06 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.03 | $0.01 | x |
| 2019-12-31 | $-0.01 | $0.01 | x |
| 2020-12-31 | $-0.02 | $0.01 | x |
| 2021-12-31 | $0.05 | $0.01 | x |
| 2022-12-31 | $0.04 | $0.01 | x |
| 2023-12-31 | $0.04 | $0.01 | x |
| 2024-12-31 | $0.04 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lig Assets 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): 9.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 46.51%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.46x
- Recent ROE (9.57%) is below the historical average (65.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -3.56% | -202.74% | 0.01x | 1.63x | $-154.47K |
| 2009 | -2.37% | -4.83% | 0.25x | 1.97x | $-112.69K |
| 2011 | 16.42% | 44.32% | 0.12x | 3.03x | $524.61K |
| 2012 | 10.62% | 33.57% | 0.10x | 3.26x | $52.67K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $182.65K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-114.69K |
| 2016 | 802.44% | 0.00% | -0.03x | 25.58x | $367.92K |
| 2017 | 4.03% | 0.16% | 26.00x | 1.00x | $-3.79K |
| 2018 | 5.19% | 1.76% | 2.95x | 1.00x | $-69.16K |
| 2019 | 0.00% | -5.20% | 1.76x | 0.00x | $-159.38K |
| 2020 | 0.00% | -13.10% | 1.12x | 0.00x | $-269.18K |
| 2021 | 151.04% | 42.55% | 2.85x | 1.24x | $3.47 Million |
| 2022 | -10.43% | -20.65% | 0.34x | 1.49x | $-400.23K |
| 2023 | 3.47% | 8.34% | 0.28x | 1.51x | $-120.85K |
| 2024 | 9.57% | 46.51% | 0.14x | 1.46x | $-8.20K |
Industry Comparison
This section compares Lig Assets Inc.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lig Assets Inc. (LIGA) | $1.91 Million | -3.56% | 0.46x | $144.72 |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |