Mace Security Intl
Mace Security International, Inc. manufactures and sells personal safety and security products to retailers, distributors, and individual consumers worldwide. The company offers non-lethal guns, gels, value kits, and personal sprays and alarms; tear gas enhance sprays, Magnum gels, and dorm room and realtor safety products; and bear sprays, runner and rideshare safety, vehicle and stun devices, a… Read more
Mace Security Intl (MACE) - Net Assets
Latest net assets as of June 2024: $2.05 Million USD
Based on the latest financial reports, Mace Security Intl (MACE) has net assets worth $2.05 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.47 Million) and total liabilities ($4.42 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 | $2.05 Million |
| % of Total Assets | 31.68% |
| Annual Growth Rate | -3.54% |
| 5-Year Change | -45.45% |
| 10-Year Change | -66.66% |
| Growth Volatility | 95.8 |
Mace Security Intl - Net Assets Trend (1993–2023)
This chart illustrates how Mace Security Intl's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mace Security Intl (1993–2023)
The table below shows the annual net assets of Mace Security Intl from 1993 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $3.43 Million | -55.30% |
| 2022-12-31 | $7.67 Million | -16.71% |
| 2021-12-31 | $9.21 Million | +11.64% |
| 2020-12-31 | $8.25 Million | +31.24% |
| 2019-12-31 | $6.29 Million | -17.93% |
| 2018-12-31 | $7.66 Million | -18.56% |
| 2017-12-31 | $9.40 Million | +6.80% |
| 2016-12-31 | $8.81 Million | +6.31% |
| 2015-12-31 | $8.28 Million | -19.47% |
| 2014-12-31 | $10.29 Million | -13.55% |
| 2013-12-31 | $11.90 Million | -12.16% |
| 2012-12-31 | $13.54 Million | -22.85% |
| 2011-12-31 | $17.56 Million | +26.71% |
| 2010-12-31 | $13.86 Million | -56.68% |
| 2009-12-31 | $31.99 Million | -25.90% |
| 2008-12-31 | $43.17 Million | -19.41% |
| 2007-12-31 | $53.57 Million | -5.20% |
| 2006-12-31 | $56.51 Million | -8.34% |
| 2005-12-31 | $61.65 Million | -7.32% |
| 2004-12-31 | $66.52 Million | +22.71% |
| 2003-12-31 | $54.21 Million | -5.99% |
| 2002-12-31 | $57.67 Million | -9.69% |
| 2001-12-31 | $63.86 Million | +1.56% |
| 2000-12-31 | $62.88 Million | +11.09% |
| 1999-12-31 | $56.60 Million | +515.22% |
| 1998-12-31 | $9.20 Million | -9.80% |
| 1997-12-31 | $10.20 Million | -12.07% |
| 1996-12-31 | $11.60 Million | -1.69% |
| 1995-12-31 | $11.80 Million | -4.84% |
| 1994-12-31 | $12.40 Million | +22.77% |
| 1993-12-31 | $10.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mace Security Intl'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 10120600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $658.00K | 19.19% |
| Other Components | $104.18 Million | 3038.12% |
| Total Equity | $3.43 Million | 100.00% |
Mace Security Intl Competitors by Market Cap
The table below lists competitors of Mace Security Intl ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sultan Resources Ltd
AU:SLZ
|
$1.22 Million |
|
Burzynski Research
PINK:BZYR
|
$1.22 Million |
|
AIS Resources Ltd
V:AIS
|
$1.22 Million |
|
Ortin Laboratories Limited
NSE:ORTINLAB
|
$1.22 Million |
|
Artea SA
PA:ARTE
|
$1.22 Million |
|
MATERION
MU:BEM
|
$1.22 Million |
|
Cloudbreak Discovery Plc
PINK:CDBDF
|
$1.22 Million |
|
QURATE RETAIL INC. QVC B
F:LB3C
|
$1.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mace Security Intl's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,671,000 to 3,429,000, a change of -4,242,000 (-55.3%).
- Net loss of 4,431,000 reduced equity.
- Other factors increased equity by 189,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.43 Million | -129.22% |
| Other Changes | $189.00K | +5.51% |
| Total Change | $- | -55.30% |
Book Value vs Market Value Analysis
This analysis compares Mace Security Intl'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: 0.38x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $4.29 | $0.02 | x |
| 1994-12-31 | $3.31 | $0.02 | x |
| 1995-12-31 | $3.54 | $0.02 | x |
| 1996-12-31 | $3.09 | $0.02 | x |
| 1997-12-31 | $2.88 | $0.02 | x |
| 1998-12-31 | $2.20 | $0.02 | x |
| 1999-12-31 | $8.60 | $0.02 | x |
| 2000-12-31 | $5.14 | $0.02 | x |
| 2001-12-31 | $5.01 | $0.02 | x |
| 2002-12-31 | $4.57 | $0.02 | x |
| 2003-12-31 | $4.37 | $0.02 | x |
| 2004-12-31 | $4.86 | $0.02 | x |
| 2005-12-31 | $4.04 | $0.02 | x |
| 2006-12-31 | $3.70 | $0.02 | x |
| 2007-12-31 | $3.39 | $0.02 | x |
| 2008-12-31 | $2.62 | $0.02 | x |
| 2009-12-31 | $1.97 | $0.02 | x |
| 2010-12-31 | $0.88 | $0.02 | x |
| 2011-12-31 | $0.52 | $0.02 | x |
| 2012-12-31 | $0.23 | $0.02 | x |
| 2013-12-31 | $0.20 | $0.02 | x |
| 2014-12-31 | $0.17 | $0.02 | x |
| 2015-12-31 | $0.14 | $0.02 | x |
| 2016-12-31 | $0.14 | $0.02 | x |
| 2017-12-31 | $0.15 | $0.02 | x |
| 2018-12-31 | $0.12 | $0.02 | x |
| 2019-12-31 | $0.10 | $0.02 | x |
| 2020-12-31 | $0.13 | $0.02 | x |
| 2021-12-31 | $0.14 | $0.02 | x |
| 2022-12-31 | $0.12 | $0.02 | x |
| 2023-12-31 | $0.05 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mace Security Intl 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): -129.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -67.19%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.19x
- Recent ROE (-129.22%) is below the historical average (-18.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 7.92% | 8.33% | 0.85x | 1.12x | $-210.00K |
| 1994 | -4.84% | -4.76% | 0.85x | 1.19x | $-1.84 Million |
| 1995 | -5.08% | -4.72% | 0.89x | 1.20x | $-1.78 Million |
| 1996 | -2.59% | -2.78% | 0.77x | 1.22x | $-1.46 Million |
| 1997 | -16.67% | -17.35% | 0.76x | 1.26x | $-2.72 Million |
| 1998 | -9.78% | -37.50% | 0.24x | 1.07x | $-1.82 Million |
| 1999 | -2.30% | -4.53% | 0.29x | 1.73x | $-6.96 Million |
| 2000 | 0.28% | 0.37% | 0.45x | 1.69x | $-6.11 Million |
| 2001 | 1.42% | 1.88% | 0.46x | 1.64x | $-5.48 Million |
| 2002 | -10.04% | -12.40% | 0.48x | 1.67x | $-11.56 Million |
| 2003 | -6.52% | -7.21% | 0.54x | 1.67x | $-8.95 Million |
| 2004 | -9.64% | -11.12% | 0.56x | 1.54x | $-13.06 Million |
| 2005 | -8.14% | -7.36% | 0.71x | 1.56x | $-11.19 Million |
| 2006 | -12.00% | -13.78% | 0.56x | 1.55x | $-12.43 Million |
| 2007 | -12.29% | -13.98% | 0.62x | 1.41x | $-11.94 Million |
| 2008 | -24.68% | -20.95% | 0.92x | 1.27x | $-14.97 Million |
| 2009 | -34.23% | -38.77% | 0.67x | 1.32x | $-14.15 Million |
| 2010 | -130.61% | -98.39% | 0.80x | 1.66x | $-19.48 Million |
| 2011 | -29.29% | -37.10% | 0.59x | 1.33x | $-6.90 Million |
| 2012 | -24.24% | -25.28% | 0.78x | 1.22x | $-4.64 Million |
| 2013 | -30.10% | -44.66% | 0.54x | 1.24x | $-4.77 Million |
| 2014 | -18.81% | -30.81% | 0.48x | 1.27x | $-2.96 Million |
| 2015 | -12.40% | -14.37% | 0.77x | 1.12x | $-1.86 Million |
| 2016 | 2.84% | 2.76% | 0.94x | 1.09x | $-630.60K |
| 2017 | -0.69% | -0.65% | 0.86x | 1.24x | $-1.01 Million |
| 2018 | -25.41% | -16.94% | 1.21x | 1.24x | $-2.71 Million |
| 2019 | -27.04% | -16.18% | 1.17x | 1.43x | $-2.33 Million |
| 2020 | 20.62% | 11.05% | 1.35x | 1.38x | $876.00K |
| 2021 | 6.94% | 4.89% | 1.18x | 1.20x | $-282.00K |
| 2022 | -23.43% | -20.52% | 0.83x | 1.37x | $-2.56 Million |
| 2023 | -129.22% | -67.19% | 0.88x | 2.19x | $-4.77 Million |
Industry Comparison
This section compares Mace Security Intl's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $15,303,325,457
- Average return on equity (ROE) among peers: -13.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mace Security Intl (MACE) | $2.05 Million | 7.92% | 2.16x | $1.22 Million |
| Airborne Security & Protective Services Inc (ABPR) | $-726.53K | 0.00% | 0.00x | $0.95 |
| ADT Inc (ADT) | $702.90 Million | -10.36% | 2.30x | $3.11 Billion |
| Aether Global Innovations Corp. (AETHF) | $-152.09K | 0.00% | 0.00x | $93.45K |
| Ameriguard Security Services Inc. (AGSS) | $-3.12 Million | 0.00% | 0.00x | $2.10 Million |
| Allegion PLC (ALLE) | $-55.70 Million | 0.00% | 0.00x | $12.39 Billion |
| Avante Logixx Inc (ALXXF) | $13.51 Million | -22.42% | 0.86x | $10.92 Million |
| ANTVF (ANTVF) | $254.48 Million | 4.87% | 0.92x | $55.07 Million |
| ASSA ABLOY AB (publ) (ASAZF) | $101.46 Billion | 14.45% | 1.05x | $29.24 Billion |
| Assa Abloy AB (ASAZY) | $50.66 Billion | 17.04% | 0.96x | $13.04 Billion |
| ATWEC Technologies Inc (ATWT) | $1.23 Million | -134.54% | 1.72x | $9.69 |