Nitches Inc
Nitches Inc. engages in the production and distribution of household, lifestyle, travel and leisure, sports goods, and clothing items in the United States. The company also develops NITCHES OVS, an owner verification system (OVS) mobile application that can be used to verify authenticity and ownership of Nitches' luxury products, apparels, and streetwear clothing items. It distributes its product… Read more
Nitches Inc (NICH) - Net Assets
Latest net assets as of August 2025: $-2.27 Million USD
Based on the latest financial reports, Nitches Inc (NICH) has net assets worth $-2.27 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($64.16K) and total liabilities ($2.33 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 | $-2.27 Million |
| % of Total Assets | -3534.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -146.25% |
| Growth Volatility | 106.84 |
Nitches Inc - Net Assets Trend (1985–2025)
This chart illustrates how Nitches 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 Nitches Inc (1985–2025)
The table below shows the annual net assets of Nitches Inc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $-2.27 Million | -536.02% |
| 2024-08-31 | $-356.59K | 0.00% |
| 2023-08-31 | $-356.59K | -294.40% |
| 2022-08-31 | $183.43K | +203.63% |
| 2021-08-31 | $-177.00K | -101.24% |
| 2007-08-31 | $14.23 Million | +53.70% |
| 2006-08-31 | $9.26 Million | +117.32% |
| 2005-08-31 | $4.26 Million | -21.99% |
| 2004-08-31 | $5.46 Million | +11.36% |
| 2003-08-31 | $4.90 Million | -21.23% |
| 2002-08-31 | $6.23 Million | -5.74% |
| 2001-08-31 | $6.61 Million | -5.13% |
| 2000-08-31 | $6.96 Million | +2.38% |
| 1999-08-31 | $6.80 Million | -35.85% |
| 1998-08-31 | $10.60 Million | -9.40% |
| 1997-08-31 | $11.70 Million | 0.00% |
| 1996-08-31 | $11.70 Million | -45.33% |
| 1995-08-31 | $21.40 Million | -19.85% |
| 1994-08-31 | $26.70 Million | -19.09% |
| 1993-08-31 | $33.00 Million | +1.54% |
| 1992-08-31 | $32.50 Million | -2.99% |
| 1991-08-31 | $33.50 Million | -10.43% |
| 1990-08-31 | $37.40 Million | -11.37% |
| 1989-08-31 | $42.20 Million | +2.68% |
| 1988-08-31 | $41.10 Million | -15.08% |
| 1987-08-31 | $48.40 Million | +89.06% |
| 1986-08-31 | $25.60 Million | +383.02% |
| 1985-08-31 | $5.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nitches 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 793.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.02K | % |
| Other Components | $32.38 Million | % |
| Total Equity | $-2.27 Million | 100.00% |
Nitches Inc Competitors by Market Cap
The table below lists competitors of Nitches Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aruj Industries Ltd
KAR:ARUJ
|
$300.81 |
|
HNB Finance Ltd
CM:HNBFN0000
|
$300.89 |
|
CHINA WATER I.GR. HD-01
F:HAU2
|
$300.95 |
|
Ecofin Global Utilities and Infrastructure Trust plc
LSE:EGL
|
$301.04 |
|
Gem Resources Plc
LSE:GEMR
|
$300.44 |
|
Azgard Nine Ltd
KAR:ANL
|
$299.54 |
|
Prom Resources, Inc.
PINK:PRMOD
|
$299.11 |
|
Altern Energy Ltd
KAR:ALTN
|
$298.56 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nitches Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -356,586 to -2,267,959, a change of -1,911,373.
- Net loss of 2,843,377 reduced equity.
- Other factors increased equity by 932,004.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.84 Million | -125.37% |
| Other Changes | $932.00K | +41.09% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nitches 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 |
|---|---|---|---|
| 1985-08-31 | $0.33 | $0.02 | x |
| 1986-08-31 | $1.08 | $0.02 | x |
| 1987-08-31 | $1.73 | $0.02 | x |
| 1988-08-31 | $1.27 | $0.02 | x |
| 1989-08-31 | $1.28 | $0.02 | x |
| 1990-08-31 | $1.20 | $0.02 | x |
| 1991-08-31 | $1.11 | $0.02 | x |
| 1992-08-31 | $1.13 | $0.02 | x |
| 1993-08-31 | $1.41 | $0.02 | x |
| 1994-08-31 | $1.17 | $0.02 | x |
| 1995-08-31 | $1.39 | $0.02 | x |
| 1996-08-31 | $1.43 | $0.02 | x |
| 1997-08-31 | $1.33 | $0.02 | x |
| 1998-08-31 | $1.53 | $0.02 | x |
| 1999-08-31 | $1.57 | $0.02 | x |
| 2000-08-31 | $1.98 | $0.02 | x |
| 2001-08-31 | $1.88 | $0.02 | x |
| 2002-08-31 | $1.79 | $0.02 | x |
| 2003-08-31 | $1.40 | $0.02 | x |
| 2004-08-31 | $1.55 | $0.02 | x |
| 2005-08-31 | $1.21 | $0.02 | x |
| 2006-08-31 | $2.27 | $0.02 | x |
| 2007-08-31 | $2.68 | $0.02 | x |
| 2019-08-31 | $0.00 | $0.02 | x |
| 2020-08-31 | $0.00 | $0.02 | x |
| 2021-08-31 | $-0.01 | $0.02 | x |
| 2022-08-31 | $0.00 | $0.02 | x |
| 2023-08-31 | $-0.11 | $0.02 | x |
| 2024-08-31 | $-112.15 | $0.02 | x |
| 2025-08-31 | $-0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nitches 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: -58869.09%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 33.96% | 3.86% | 3.48x | 2.53x | $1.27 Million |
| 1986 | 12.50% | 3.40% | 2.42x | 1.52x | $640.00K |
| 1987 | 8.47% | 3.81% | 1.86x | 1.20x | $-740.00K |
| 1988 | -9.98% | -4.00% | 2.00x | 1.24x | $-8.21 Million |
| 1989 | 9.72% | 3.19% | 2.48x | 1.23x | $-120.00K |
| 1990 | -9.09% | -2.15% | 2.49x | 1.70x | $-7.14 Million |
| 1991 | 8.06% | 2.04% | 3.09x | 1.28x | $-650.00K |
| 1992 | 22.27% | 4.69% | 2.07x | 2.30x | $3.03 Million |
| 1993 | 5.10% | 1.12% | 2.15x | 2.12x | $-1.25 Million |
| 1994 | -16.19% | -2.85% | 3.09x | 1.84x | $-5.50 Million |
| 1995 | 0.93% | 0.24% | 2.70x | 1.45x | $-1.94 Million |
| 1996 | 11.97% | 2.57% | 2.99x | 1.56x | $230.00K |
| 1997 | 1.71% | 0.41% | 3.21x | 1.29x | $-970.00K |
| 1999 | 8.82% | 1.90% | 3.21x | 1.44x | $-80.00K |
| 2000 | 27.09% | 4.78% | 3.94x | 1.44x | $1.19 Million |
| 2001 | 16.40% | 3.21% | 3.64x | 1.41x | $422.50K |
| 2002 | 1.86% | 0.39% | 2.82x | 1.69x | $-506.60K |
| 2003 | -19.78% | -3.41% | 4.15x | 1.40x | $-1.46 Million |
| 2004 | 10.20% | 1.73% | 4.22x | 1.40x | $10.90K |
| 2005 | -28.19% | -4.56% | 2.52x | 2.45x | $-1.63 Million |
| 2006 | 5.06% | 0.85% | 1.78x | 3.33x | $-457.80K |
| 2007 | -6.58% | -1.10% | 2.23x | 2.68x | $-2.36 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-900.00 |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-300.00 |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-19.16 Million |
| 2022 | -454.74% | -117483.66% | 0.00x | 1.19x | $-852.48K |
| 2023 | 0.00% | -19578.60% | 0.02x | 0.00x | $-791.34K |
| 2024 | 0.00% | -19579.02% | 0.02x | 0.00x | $-791.36K |
| 2025 | 0.00% | -58869.09% | 0.08x | 0.00x | $-2.62 Million |
Industry Comparison
This section compares Nitches Inc's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $452,652,321
- Average return on equity (ROE) among peers: 4.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nitches Inc (NICH) | $-2.27 Million | 33.96% | N/A | $300.65 |
| Agavenny Corporation (AGNY) | $1.26 Million | -1.07% | 0.07x | $441.50 |
| Authentic Holdings Inc. (AHRO) | $-2.87 Million | 0.00% | 0.00x | $1.67 Million |
| Columbia Sportswear Company (COLM) | $640.83 Million | 18.74% | 0.22x | $1.42 Billion |
| China Outfitters Holdings Ltd (COUTF) | $1.66 Billion | -7.37% | 0.20x | $19.05 Million |
| Delta Galil Industries Ltd (DELTF) | $451.32 Million | 8.09% | 1.26x | $530.69 Million |
| Delta Apparel, Inc. (DLAPQ) | $182.72 Million | 10.80% | 1.87x | $705.00 |
| Exceed Company Ltd (EDSFF) | $-29.05K | 0.00% | 0.00x | $0.91 |
| Ever-Glory International Group Inc. (EVKG) | $140.96 Million | -0.07% | 1.48x | $5.52K |
| Figs Inc (FIGS) | $245.57 Million | -3.89% | 0.27x | $2.19 Billion |
| Fox-Wizel Ltd (FXWZF) | $1.21 Billion | 17.11% | 2.86x | $233.16 Million |