Littlefield Corporation
Littlefield Corporation, through its subsidiaries, acquires and operates bingo halls in the United States. The company was formerly known as American Bingo & Gaming Corporation. Littlefield Corporation was founded in 1994 and is headquartered in Austin, Texas.
Littlefield Corporation (LTFD) - Net Assets
Latest net assets as of December 2015: $9.71 Million USD
Based on the latest financial reports, Littlefield Corporation (LTFD) has net assets worth $9.71 Million USD as of December 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.46 Million) and total liabilities ($2.75 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 | $9.71 Million |
| % of Total Assets | 77.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | -99.92% |
| 10-Year Change | -99.9% |
| Growth Volatility | 96.16 |
Littlefield Corporation - Net Assets Trend (1993–2015)
This chart illustrates how Littlefield Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Littlefield Corporation (1993–2015)
The table below shows the annual net assets of Littlefield Corporation from 1993 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $9.71K | +5.96% |
| 2014-12-31 | $9.16K | +0.99% |
| 2013-12-31 | $9.07K | -99.89% |
| 2012-12-31 | $8.18 Million | -33.92% |
| 2011-12-31 | $12.38 Million | -6.39% |
| 2010-12-31 | $13.22 Million | -4.05% |
| 2009-12-31 | $13.78 Million | +5.27% |
| 2008-12-31 | $13.09 Million | +28.18% |
| 2007-12-31 | $10.21 Million | +10.09% |
| 2006-12-31 | $9.28 Million | +13.80% |
| 2005-12-31 | $8.15 Million | +17.38% |
| 2004-12-31 | $6.94 Million | -13.30% |
| 2003-12-31 | $8.01 Million | +6.27% |
| 2002-12-31 | $7.54 Million | -25.61% |
| 2001-12-31 | $10.13 Million | +17.76% |
| 2000-12-31 | $8.60 Million | -28.46% |
| 1999-12-31 | $12.03 Million | -25.30% |
| 1998-12-31 | $16.10 Million | -21.17% |
| 1997-12-31 | $20.42 Million | +423.67% |
| 1996-12-31 | $3.90 Million | +34.48% |
| 1995-12-31 | $2.90 Million | -35.56% |
| 1994-12-31 | $4.50 Million | -- |
| 1993-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Littlefield Corporation'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 grown by 557972493.0% over the analyzed period, indicating profitable operations and earnings retention.
- The company has 14385.7% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.82 | 0.19% |
| Treasury Stock | $1.40 Million | 14385.75% |
| Other Components | $1.43 Million | 14694.34% |
| Total Equity | $9.71K | 100.00% |
Littlefield Corporation Competitors by Market Cap
The table below lists competitors of Littlefield Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MONTEZUMA MINING
BE:QFP
|
$1.65K |
|
North Bangkok Power Plant
BK:EGATIF
|
$1.65K |
|
Raya Customer Experience
EGX:RACC
|
$1.66K |
|
METAL FABRICATORS OF ZAMBIA PLC
LUSE:ZAMEFA
|
$1.66K |
|
AORTECH INTL
BE:AOHA
|
$1.65K |
|
FRECF
PINK:FRECF
|
$1.65K |
|
Amanasu Environment Corporation
PINK:AMSU
|
$1.65K |
|
PBD DEVELOPMENT
BE:P2B
|
$1.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Littlefield Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 9,165 to 9,711, a change of 546 (6.0%).
- Net income of 54 contributed positively to equity growth.
- Other factors increased equity by 492.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $54.25 | +0.56% |
| Other Changes | $491.86 | +5.06% |
| Total Change | $- | 5.96% |
Book Value vs Market Value Analysis
This analysis compares Littlefield Corporation'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: 302.59x
- 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 increased from 0.13x to 302.59x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $1.27 | $0.17 | x |
| 1995-12-31 | $0.58 | $0.17 | x |
| 1996-12-31 | $0.81 | $0.17 | x |
| 1997-12-31 | $2.10 | $0.17 | x |
| 1998-12-31 | $1.50 | $0.17 | x |
| 1999-12-31 | $1.05 | $0.17 | x |
| 2000-12-31 | $0.86 | $0.17 | x |
| 2001-12-31 | $1.04 | $0.17 | x |
| 2002-12-31 | $0.77 | $0.17 | x |
| 2003-12-31 | $0.80 | $0.17 | x |
| 2004-12-31 | $0.82 | $0.17 | x |
| 2005-12-31 | $0.78 | $0.17 | x |
| 2006-12-31 | $0.86 | $0.17 | x |
| 2007-12-31 | $0.89 | $0.17 | x |
| 2008-12-31 | $0.84 | $0.17 | x |
| 2009-12-31 | $0.76 | $0.17 | x |
| 2010-12-31 | $0.74 | $0.17 | x |
| 2011-12-31 | $0.71 | $0.17 | x |
| 2013-12-31 | $0.00 | $0.17 | x |
| 2014-12-31 | $0.00 | $0.17 | x |
| 2015-12-31 | $0.00 | $0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Littlefield Corporation 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): 0.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.16%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.28x
- Recent ROE (0.56%) is above the historical average (-15.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -122.22% | -275.00% | 0.43x | 1.04x | $-5.95 Million |
| 1995 | -82.76% | -70.59% | 0.77x | 1.52x | $-2.69 Million |
| 1996 | 23.08% | 25.00% | 0.84x | 1.10x | $510.00K |
| 1997 | 8.24% | 13.77% | 0.51x | 1.18x | $-359.30K |
| 1998 | -16.15% | -16.83% | 0.81x | 1.18x | $-4.21 Million |
| 1999 | -36.94% | -33.90% | 0.94x | 1.16x | $-5.65 Million |
| 2000 | -18.65% | -16.36% | 0.83x | 1.37x | $-2.47 Million |
| 2001 | 15.13% | 14.47% | 0.62x | 1.70x | $519.67K |
| 2002 | -35.84% | -23.67% | 0.67x | 2.25x | $-3.46 Million |
| 2003 | 2.77% | 2.22% | 0.63x | 1.98x | $-579.37K |
| 2004 | -15.80% | -11.05% | 0.65x | 2.20x | $-1.79 Million |
| 2005 | 13.54% | 9.74% | 0.70x | 1.99x | $288.35K |
| 2006 | 8.47% | 5.86% | 0.83x | 1.73x | $-141.85K |
| 2007 | 2.94% | 2.24% | 0.85x | 1.55x | $-721.03K |
| 2008 | -32.48% | -37.89% | 0.57x | 1.49x | $-5.56 Million |
| 2009 | 1.71% | 2.45% | 0.52x | 1.34x | $-1.14 Million |
| 2010 | -1.58% | -2.16% | 0.54x | 1.36x | $-1.53 Million |
| 2011 | -7.71% | -10.11% | 0.54x | 1.42x | $-2.19 Million |
| 2012 | -52.65% | -52.16% | 0.64x | 1.58x | $-5.12 Million |
| 2013 | 10.20% | 14.46% | 0.52x | 1.36x | $17.81 |
| 2014 | 0.98% | 1.75% | 0.43x | 1.32x | $-826.30 |
| 2015 | 0.56% | 1.16% | 0.38x | 1.28x | $-916.85 |
Industry Comparison
This section compares Littlefield Corporation's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $801,162,083
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Littlefield Corporation (LTFD) | $9.71 Million | -122.22% | 0.28x | $1.65K |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |
| Betsson AB (publ) (BTSNY) | $759.20 Million | 23.35% | 0.58x | $1.39 Billion |