Michael Anthony Holdings Inc
Michael Anthony Holdings, Inc. owns and operates jewelry stores for customers in the United States. It offers engagement rings, wedding bands, fashion rings, and gem stone and sterling silver rings. The company also offers diamond, gem stone, and sterling silver earrings, bracelets, and necklaces, as well as watches and fashion related jewelry. In addition, it provides jewelry and watches repair … Read more
Michael Anthony Holdings Inc (MAJJ) - Net Assets
Latest net assets as of October 2003: $38.08 Million USD
Based on the latest financial reports, Michael Anthony Holdings Inc (MAJJ) has net assets worth $38.08 Million USD as of October 2003.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.25 Million) and total liabilities ($27.18 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 | $38.08 Million |
| % of Total Assets | 58.36% |
| Annual Growth Rate | -3.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.44 |
Michael Anthony Holdings Inc - Net Assets Trend (2000–2003)
This chart illustrates how Michael Anthony Holdings 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 Michael Anthony Holdings Inc (2000–2003)
The table below shows the annual net assets of Michael Anthony Holdings Inc from 2000 to 2003.
| Year | Net Assets | Change |
|---|---|---|
| 2003-01-31 | $39.59 Million | -8.96% |
| 2002-01-31 | $43.49 Million | +1.90% |
| 2001-01-31 | $42.68 Million | -3.09% |
| 2000-01-31 | $44.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Michael Anthony Holdings 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 25.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2003)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.58 Million | 34.29% |
| Common Stock | $8.00K | 0.02% |
| Other Components | $26.01 Million | 65.69% |
| Total Equity | $39.59 Million | 100.00% |
Michael Anthony Holdings Inc Competitors by Market Cap
The table below lists competitors of Michael Anthony Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Star Acquisition Inc.
NASDAQ:GLSTU
|
$5.09 Million |
|
Nyesa Valores Corp SA
MC:NYE
|
$5.10 Million |
|
CSH Alliance Bhd
KLSE:7165
|
$5.10 Million |
|
Fly Play hf.
IC:PLAY
|
$5.10 Million |
|
Snail, Inc. Class A Common Stock
NASDAQ:SNAL
|
$5.09 Million |
|
Zuleika Gold Ltd
AU:ZAG
|
$5.09 Million |
|
bioAffinity Technologies, Inc.
NASDAQ:BIAF
|
$5.08 Million |
|
Ulima Nitra PT
JK:UNIQ
|
$5.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Michael Anthony Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2002 to 2003, total equity changed from 43,492,000 to 39,595,000, a change of -3,897,000 (-9.0%).
- Net loss of 4,174,000 reduced equity.
Equity Change Factors (2002 to 2003)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.17 Million | -10.54% |
| Other Changes | $277.00K | +0.7% |
| Total Change | $- | -8.96% |
Book Value vs Market Value Analysis
This analysis compares Michael Anthony Holdings 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 |
|---|---|---|---|
| 2002-01-31 | $0.00 | $1800.00 | x |
| 2003-01-31 | $0.00 | $1800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Michael Anthony Holdings 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): -10.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.52%
- • Asset Turnover: 1.91x
- • Equity Multiplier: 1.57x
- Recent ROE (-10.54%) is below the historical average (-1.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 5.95% | 1.81% | 2.13x | 1.54x | $-1.78 Million |
| 2001 | -3.37% | -1.15% | 1.97x | 1.48x | $-5.71 Million |
| 2002 | 2.19% | 0.67% | 2.17x | 1.50x | $-3.40 Million |
| 2003 | -10.54% | -3.52% | 1.91x | 1.57x | $-8.13 Million |
Industry Comparison
This section compares Michael Anthony Holdings Inc's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $6,179,489,313
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Michael Anthony Holdings Inc (MAJJ) | $38.08 Million | 5.95% | 0.71x | $5.09 Million |
| Atlas Pearls Ltd (APCFF) | $55.52 Million | 56.69% | 0.26x | $15.35 Million |
| Burberry Group plc (BBRYF) | $472.30 Million | 23.69% | 0.45x | $3.26 Billion |
| Brunello Cucinelli S.p.A (BCUCF) | $261.10 Million | -12.72% | 3.14x | $4.04 Billion |
| Birks Group Inc (BGI) | $5.86 Million | -32.32% | 30.25x | $1.97 Million |
| Bergio Intl Inc (BRGO) | $-265.41K | 0.00% | 0.00x | $289.83K |
| Brilliant Earth Group Inc (BRLT) | $97.46 Million | 0.60% | 1.81x | $18.90 Million |
| Citychamp Watch & Jewellery Group Limited (CEBTF) | $3.96 Billion | 6.84% | 0.33x | $102.24 Million |
| Compagnie Financière Richemont SA (CFRHF) | $19.86 Billion | 10.44% | 1.01x | $86.13 Billion |
| Christian Dior SE (CHDRF) | $3.72 Billion | 1.26% | 4.75x | $1.89 Billion |
| Chow Tai Fook Jewellery Group (CJEWY) | $33.36 Billion | 16.14% | 1.62x | $18.30 Billion |