Link Reservations Inc
Link Reservations Inc. develops and markets medicinal mushroom and cannabidiol wellness products for humans and pets in Europe and the United States. It offers hemp-based CBD products for cats, dogs, and horses, as well as for humans. The company was formerly known as Vendum Batteries, Inc. and changed its name to Link Reservations Inc. in May 2015. Link Reservations Inc. was incorporated in 2006… Read more
Link Reservations Inc (LRSV) - Net Assets
Latest net assets as of September 2023: $-1.17 Million USD
Based on the latest financial reports, Link Reservations Inc (LRSV) has net assets worth $-1.17 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.57 Million) and total liabilities ($2.74 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 | $-1.17 Million |
| % of Total Assets | -74.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 287.38 |
Link Reservations Inc - Net Assets Trend (2007–2022)
This chart illustrates how Link Reservations 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 Link Reservations Inc (2007–2022)
The table below shows the annual net assets of Link Reservations Inc from 2007 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-350.69K | -35.41% |
| 2020-12-31 | $-258.98K | -59.38% |
| 2019-12-31 | $-162.49K | -141.62% |
| 2018-12-31 | $-67.25K | -33.19% |
| 2017-12-31 | $-50.49K | -95.54% |
| 2016-12-31 | $-25.82K | -21.96% |
| 2015-12-31 | $-21.17K | -723.07% |
| 2014-12-31 | $3.40K | -85.36% |
| 2013-12-31 | $23.21K | +116.88% |
| 2012-12-31 | $-137.46K | +62.41% |
| 2011-12-31 | $-365.67K | -1243.79% |
| 2010-12-31 | $-27.21K | +24.81% |
| 2009-12-31 | $-36.19K | -125.01% |
| 2008-12-31 | $-16.08K | -146.06% |
| 2007-12-31 | $34.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Link Reservations 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 190267600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.90K | % |
| Other Components | $1.57 Million | % |
| Total Equity | $-346.44K | 100.00% |
Link Reservations Inc Competitors by Market Cap
The table below lists competitors of Link Reservations Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LINKAGE ASSURANCE PLC
XNSA:LINKASSURE
|
$9.27 |
|
BEZANT RES (BN5.SG)
STU:BN5
|
$9.31 |
|
UNITY BANK PLC
XNSA:UNITYBNK
|
$9.32 |
|
INTILAND DEV (DIIA.SG)
STU:DIIA
|
$9.36 |
|
Postd Merchant Banque
PINK:PMBY
|
$9.23 |
|
PRESTIGE ASSURANCE CO. PLC
XNSA:PRESTIGE
|
$9.23 |
|
First Republic Corp. of America
PINK:FRPC
|
$9.21 |
|
NUWEW
PINK:NUWEW
|
$9.19 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Link Reservations Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2022, total equity changed from -258,978 to -346,436, a change of -87,458.
- Net loss of 10,450 reduced equity.
- Other factors decreased equity by 77,008.
Equity Change Factors (2020 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.45K | -3.02% |
| Other Changes | $-77.01K | -22.23% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Link Reservations 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 |
|---|---|---|---|
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $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 |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Link Reservations 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 (-55.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -75.27% | 0.00% | 0.00x | 1.37x | $-29.77K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-49.39K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.99K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-632.65K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-742.95K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.20K |
| 2013 | -172.75% | 0.00% | 0.00x | 7.55x | $-42.41K |
| 2014 | -582.96% | 0.00% | 0.00x | 57.50x | $-20.15K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.45K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.07K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.07K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.34K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-78.99K |
| 2020 | 0.00% | -1284.75% | 0.63x | 0.00x | $-206.10K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $24.19K |
Industry Comparison
This section compares Link Reservations Inc's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $306,492,381
- Average return on equity (ROE) among peers: -68.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Link Reservations Inc (LRSV) | $-1.17 Million | -75.27% | N/A | $9.26 |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.88 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $367.33 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.63 Million |
| EVO Transportation & Energy Services Inc (EVOA) | $-153.04K | 0.00% | 0.00x | $37.78 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.27 Billion |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |