Nofire Technologies Inc
NoFire Technologies, Inc. develops and sells fire-retardant coatings and textile wrap systems for commercial, industrial, marine, aerospace, nuclear, military, and residential applications. NoFire Technologies, Inc. was founded in 1987 and is based in Upper Saddle River, New Jersey.
Nofire Technologies Inc (NFTI) - Net Assets
Latest net assets as of May 2010: $-7.09 Million USD
Based on the latest financial reports, Nofire Technologies Inc (NFTI) has net assets worth $-7.09 Million USD as of May 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($273.01K) and total liabilities ($7.36 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 | $-7.09 Million |
| % of Total Assets | -2596.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Nofire Technologies Inc - Net Assets Trend (2000–2024)
This chart illustrates how Nofire Technologies 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 Nofire Technologies Inc (2000–2024)
The table below shows the annual net assets of Nofire Technologies Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $-6.14 Million | -1.43% |
| 2023-08-31 | $-6.05 Million | +5.42% |
| 2009-08-31 | $-6.40 Million | -19.73% |
| 2008-08-31 | $-5.34 Million | -18.44% |
| 2007-08-31 | $-4.51 Million | +3.16% |
| 2006-08-31 | $-4.66 Million | -26.53% |
| 2005-08-31 | $-3.68 Million | +14.94% |
| 2004-08-31 | $-4.33 Million | -24.43% |
| 2003-08-31 | $-3.48 Million | -12.89% |
| 2002-08-31 | $-3.08 Million | -28.32% |
| 2001-08-31 | $-2.40 Million | +14.89% |
| 2000-08-31 | $-2.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nofire Technologies 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 3213432100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.19 Million | % |
| Other Components | $36.47 Million | % |
| Total Equity | $-6.14 Million | 100.00% |
Nofire Technologies Inc Competitors by Market Cap
The table below lists competitors of Nofire Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MedX Holdings Inc
PINK:MEDH
|
$5.59 |
|
Embarr Downs Inc
PINK:EMBR
|
$5.59 |
|
GTEX For Commercial And Industrial
EGX:GTEX
|
$5.61 |
|
Stan Lee Media Inc
PINK:HULK
|
$5.63 |
|
Northern Potash Co
PINK:NPTH
|
$5.53 |
|
AllDay Marts Inc
PSE:ALLDY
|
$5.53 |
|
Soligen Technologies Inc
PINK:SGTN
|
$5.48 |
|
Inspired Builders Inc
PINK:ISRB
|
$5.48 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nofire Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -6,048,883 to -6,135,253, a change of -86,370.
- Net loss of 109,925 reduced equity.
- Other comprehensive income increased equity by 1,183,817.
- Other factors decreased equity by 1,160,262.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-109.92K | -1.79% |
| Other Comprehensive Income | $1.18 Million | +19.3% |
| Other Changes | $-1.16 Million | -18.91% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nofire Technologies 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 |
|---|---|---|---|
| 2003-08-31 | $-0.17 | $0.00 | x |
| 2004-08-31 | $-0.21 | $0.00 | x |
| 2005-08-31 | $-0.11 | $0.00 | x |
| 2006-08-31 | $-0.13 | $0.00 | x |
| 2007-08-31 | $-0.12 | $0.00 | x |
| 2008-08-31 | $-0.13 | $0.00 | x |
| 2009-08-31 | $-0.16 | $0.00 | x |
| 2023-08-31 | $-0.05 | $0.00 | x |
| 2024-08-31 | $-0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nofire Technologies 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.21%
- • Asset Turnover: 3.25x
- • 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 |
|---|---|---|---|---|---|
| 2003 | 0.00% | -258.87% | 1.09x | 0.00x | $-759.62K |
| 2004 | 0.00% | -774.90% | 2.67x | 0.00x | $-3.35 Million |
| 2005 | 0.00% | -319.04% | 3.99x | 0.00x | $-1.37 Million |
| 2006 | 0.00% | -482.18% | 2.85x | 0.00x | $-1.29 Million |
| 2007 | 0.00% | -382.39% | 1.79x | 0.00x | $-3.39 Million |
| 2008 | 0.00% | -241.05% | 2.00x | 0.00x | $-1.21 Million |
| 2009 | 0.00% | -179.34% | 3.63x | 0.00x | $-933.30K |
| 2023 | 0.00% | -34.47% | 2.30x | 0.00x | $347.86K |
| 2024 | 0.00% | -17.21% | 3.25x | 0.00x | $503.60K |
Industry Comparison
This section compares Nofire Technologies Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nofire Technologies Inc (NFTI) | $-7.09 Million | 0.00% | N/A | $5.57 |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |