LOUD Technologies Inc
LOUD Technologies Inc. engineers, markets, and distributes a range of professional audio and musical instrument products worldwide. LOUD Technologies Inc. was formerly known as Mackie Designs, Inc. and changed its name to LOUD Technologies Inc. in September 2003. The company was founded in 1988 and is based in Woodinville, Washington.
LOUD Technologies Inc (LTEC) - Net Assets
Latest net assets as of September 2008: $-23.90 Million USD
Based on the latest financial reports, LOUD Technologies Inc (LTEC) has net assets worth $-23.90 Million USD as of September 2008.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($105.52 Million) and total liabilities ($129.42 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 | $-23.90 Million |
| % of Total Assets | -22.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | -306.37% |
| 10-Year Change | -103.45% |
| Growth Volatility | 132.32 |
LOUD Technologies Inc - Net Assets Trend (1994–2007)
This chart illustrates how LOUD Technologies 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 LOUD Technologies Inc (1994–2007)
The table below shows the annual net assets of LOUD Technologies Inc from 1994 to 2007.
| Year | Net Assets | Change |
|---|---|---|
| 2007-12-31 | $-1.72 Million | -116.83% |
| 2006-12-31 | $10.21 Million | +12.30% |
| 2005-12-31 | $9.09 Million | +173.70% |
| 2004-12-31 | $3.32 Million | +299.04% |
| 2003-12-31 | $832.00K | -95.17% |
| 2002-12-31 | $17.24 Million | -67.36% |
| 2001-12-31 | $52.81 Million | -8.59% |
| 2000-12-31 | $57.77 Million | +14.85% |
| 1999-12-31 | $50.30 Million | +1.21% |
| 1998-12-31 | $49.70 Million | +6.88% |
| 1997-12-31 | $46.50 Million | +9.93% |
| 1996-12-31 | $42.30 Million | +21.55% |
| 1995-12-31 | $34.80 Million | +324.39% |
| 1994-12-31 | $8.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LOUD Technologies 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 632.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2007)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.81 Million | % |
| Other Comprehensive Income | $135.00K | % |
| Total Equity | $-1.72 Million | 100.00% |
LOUD Technologies Inc Competitors by Market Cap
The table below lists competitors of LOUD Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carefree Group Inc
PINK:CRFU
|
$0.94 |
|
Ember Therapeutics Inc
PINK:EMBT
|
$0.94 |
|
St Elmo Silver Mines Corp
PINK:STLM
|
$0.94 |
|
Premier Power Renewable Energy Inc
PINK:PPRW
|
$0.94 |
|
Live Microsystems Inc
PINK:LMSC
|
$0.94 |
|
Williston Holding Company Inc
PINK:WHCA
|
$0.94 |
|
LMWW Holdings Inc
OTCGREY:LMWW
|
$0.94 |
|
WSB Financial Group Inc
PINK:WSFGQ
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LOUD Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2006 to 2007, total equity changed from 10,205,000 to -1,717,000, a change of -11,922,000 (-116.8%).
- Net loss of 12,586,000 reduced equity.
- Share repurchases of 224,000 reduced equity.
- Other comprehensive income increased equity by 135,000.
- Other factors increased equity by 753,000.
Equity Change Factors (2006 to 2007)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.59 Million | -733.02% |
| Share Repurchases | $224.00K | -13.05% |
| Other Comprehensive Income | $135.00K | +7.86% |
| Other Changes | $753.00K | +43.86% |
| Total Change | $- | -116.83% |
Book Value vs Market Value Analysis
This analysis compares LOUD Technologies 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 |
|---|---|---|---|
| 1994-12-31 | $3.67 | $0.00 | x |
| 1995-12-31 | $14.11 | $0.00 | x |
| 1996-12-31 | $15.72 | $0.00 | x |
| 1997-12-31 | $17.33 | $0.00 | x |
| 1998-12-31 | $19.04 | $0.00 | x |
| 1999-12-31 | $20.51 | $0.00 | x |
| 2000-12-31 | $22.73 | $0.00 | x |
| 2001-12-31 | $21.31 | $0.00 | x |
| 2002-12-31 | $6.81 | $0.00 | x |
| 2003-12-31 | $0.21 | $0.00 | x |
| 2004-12-31 | $0.76 | $0.00 | x |
| 2005-12-31 | $1.83 | $0.00 | x |
| 2006-12-31 | $2.05 | $0.00 | x |
| 2007-12-31 | $-0.35 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LOUD Technologies 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: -6.04%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-192.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 92.68% | 15.23% | 3.67x | 1.66x | $6.78 Million |
| 1995 | 25.86% | 14.08% | 1.69x | 1.09x | $5.52 Million |
| 1996 | 17.49% | 10.11% | 1.58x | 1.09x | $3.17 Million |
| 1997 | 11.83% | 7.34% | 1.40x | 1.15x | $850.00K |
| 1998 | 11.29% | 5.54% | 0.85x | 2.41x | $640.00K |
| 1999 | 6.56% | 2.15% | 1.27x | 2.40x | $-1.73 Million |
| 2000 | 10.78% | 3.00% | 1.26x | 2.86x | $449.18K |
| 2001 | -10.09% | -2.58% | 1.34x | 2.92x | $-10.61 Million |
| 2002 | -220.05% | -20.17% | 1.52x | 7.19x | $-39.65 Million |
| 2003 | -2619.59% | -16.67% | 2.59x | 60.60x | $-21.88 Million |
| 2004 | -69.01% | -1.86% | 2.03x | 18.31x | $-2.62 Million |
| 2005 | 41.34% | 1.84% | 2.14x | 10.51x | $2.85 Million |
| 2006 | 6.12% | 0.29% | 2.03x | 10.36x | $-395.50K |
| 2007 | 0.00% | -6.04% | 1.45x | 0.00x | $-12.41 Million |
Industry Comparison
This section compares LOUD Technologies Inc's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LOUD Technologies Inc (LTEC) | $-23.90 Million | 92.68% | N/A | $0.94 |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |