Labor Smart Inc
Labor Smart, Inc. provides temporary blue-collar staffing services primarily in the United States. The company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing; and skilled trades' people and general laborers to commercial construction industries. It serves customers primarily engaged in construction, freight handling, landscaping, w… Read more
Labor Smart Inc (LTNC) - Net Assets
Latest net assets as of September 2025: $-278.32K USD
Based on the latest financial reports, Labor Smart Inc (LTNC) has net assets worth $-278.32K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.66 Million) and total liabilities ($22.94 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 | $-278.32K |
| % of Total Assets | -1.23% |
| Annual Growth Rate | 69.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Labor Smart Inc - Net Assets Trend (2011–2024)
This chart illustrates how Labor Smart 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 Labor Smart Inc (2011–2024)
The table below shows the annual net assets of Labor Smart Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.88 Million | +503.43% |
| 2014-12-31 | $-2.70 Million | -125.55% |
| 2013-12-31 | $-1.20 Million | -1108.11% |
| 2012-12-31 | $-98.95K | -994.11% |
| 2011-12-31 | $11.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Labor Smart 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 1295217500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.37 Million | 21.82% |
| Other Comprehensive Income | $2.52 Million | 23.13% |
| Other Components | $18.96 Million | 174.32% |
| Total Equity | $10.88 Million | 100.00% |
Labor Smart Inc Competitors by Market Cap
The table below lists competitors of Labor Smart Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ShreeOswal Seeds And Chemicals Limited
NSE:OSWALSEEDS
|
$4.23 Million |
|
X1 Esports and Entertainment Ltd.
PINK:XOEEF
|
$4.23 Million |
|
Destinasi Tirta Nusantara Tbk
JK:PDES
|
$4.23 Million |
|
EFFNETPLATTFORMEN EV1 B
F:Y2Y
|
$4.23 Million |
|
Signet Industries Limited
NSE:SIGIND
|
$4.23 Million |
|
YOLO GROUP S.P.A. O.N.
F:X2Y
|
$4.23 Million |
|
Platina Resources Limited
PINK:PTNUF
|
$4.22 Million |
|
G3 Global Bhd
KLSE:7184
|
$4.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Labor Smart Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2024, total equity changed from -2,696,329 to 10,877,767, a change of 13,574,096.
- Net loss of 3,885,599 reduced equity.
- Other comprehensive income increased equity by 2,450,987.
- Other factors increased equity by 15,008,708.
Equity Change Factors (2014 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.89 Million | -35.72% |
| Other Comprehensive Income | $2.45 Million | +22.53% |
| Other Changes | $15.01 Million | +137.98% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Labor Smart 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: 1.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-0.01 | $0.00 | x |
| 2013-12-31 | $-0.06 | $0.00 | x |
| 2014-12-31 | $-0.08 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Labor Smart 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): -35.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -89.77%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 4.27x
- Recent ROE (-35.72%) is above the historical average (-73.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -330.45% | -13.33% | 1.80x | 13.81x | $-37.68K |
| 2012 | 0.00% | -6.26% | 6.99x | 0.00x | $-439.57K |
| 2013 | 0.00% | -16.35% | 6.67x | 0.00x | $-2.60 Million |
| 2014 | 0.00% | -21.35% | 4.69x | 0.00x | $-4.85 Million |
| 2024 | -35.72% | -89.77% | 0.09x | 4.27x | $-4.97 Million |
Industry Comparison
This section compares Labor Smart Inc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $91,942,689,968
- Average return on equity (ROE) among peers: -129.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Labor Smart Inc (LTNC) | $-278.32K | -330.45% | N/A | $4.23 Million |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| Signet International Holdings Inc (AQPW) | $129.01K | -179.65% | 2.11x | $740.86K |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |