Mergence Corp
Mergence Corporation serves as a holding company that operates in the movie-on-demand marketplace, primarily for the hotel/motel sectors and software technologies industries. Its subsidiary, Oxford Media Corporation, designs and develops digital technologies for video-on-demand. Oxford Media offers a range of compression/encoding, Dolby Digital audio, authoring, graphics, and design services, wit… Read more
Mergence Corp (MRGN) - Net Assets
Latest net assets as of September 2004: $-4.89 Million USD
Based on the latest financial reports, Mergence Corp (MRGN) has net assets worth $-4.89 Million USD as of September 2004.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($4.89 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 | $-4.89 Million |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Mergence Corp - Net Assets Trend (2000–2003)
This chart illustrates how Mergence Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mergence Corp (2000–2003)
The table below shows the annual net assets of Mergence Corp from 2000 to 2003.
| Year | Net Assets | Change |
|---|---|---|
| 2003-12-31 | $-6.26 Million | -7.17% |
| 2002-12-31 | $-5.84 Million | -29.48% |
| 2001-12-31 | $-4.51 Million | -228.60% |
| 2000-12-31 | $-1.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mergence Corp'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 1408666300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2003)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.61K | % |
| Other Components | $51.82 Million | % |
| Total Equity | $-6.26 Million | 100.00% |
Mergence Corp Competitors by Market Cap
The table below lists competitors of Mergence Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bravada Intl Ltd
PINK:BRAV
|
$0.93 |
|
1st NRG Corp
PINK:FNRC
|
$0.93 |
|
Cache Inc
PINK:CACH
|
$0.93 |
|
RA Global Services Inc
PINK:RAGL
|
$0.93 |
|
Marketing Worldwide
PINK:MWWC
|
$0.93 |
|
ProVision Operation Systems Inc
PINK:PVNO
|
$0.93 |
|
Valiant Eagle Inc
PINK:PSRU
|
$0.93 |
|
Deer Consumer Prodct
PINK:DEER
|
$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mergence Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2002 to 2003, total equity changed from -8,969,021 to -6,255,891, a change of 2,713,130.
- Net loss of 2,206,028 reduced equity.
- Other factors increased equity by 4,919,158.
Equity Change Factors (2002 to 2003)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.21 Million | -35.26% |
| Other Changes | $4.92 Million | +78.63% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Mergence Corp'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 |
|---|---|---|---|
| 2000-12-31 | $0.00 | $0.00 | x |
| 2001-12-31 | $0.00 | $0.00 | x |
| 2002-12-31 | $0.00 | $0.00 | x |
| 2003-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mergence Corp 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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 | 0.00% | -3154.05% | 0.21x | 0.00x | $-22.94 Million |
| 2001 | 0.00% | -1917.66% | 0.57x | 0.00x | $-6.42 Million |
| 2002 | 0.00% | -1778.46% | 204.77x | 0.00x | $-2.69 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.58 Million |
Industry Comparison
This section compares Mergence Corp's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mergence Corp (MRGN) | $-4.89 Million | 0.00% | N/A | $0.93 |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |