Network 1 Financial Group Inc
Network 1 Financial Group, Inc., through its subsidiary, Network 1 Financial Securities, Inc., provides broker-dealer services. The company is a registered broker-dealer with the Securities and Exchange Commission, 47 States and in Puerto Rico. It also provides Chinese concept IPO services; fairness opinions, private placements, IPOs and securities offerings, financial consulting, mergers and acq… Read more
Network 1 Financial Group Inc (NTFL) - Net Assets
Latest net assets as of March 2012: $300.20K USD
Based on the latest financial reports, Network 1 Financial Group Inc (NTFL) has net assets worth $300.20K USD as of March 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($763.63K) and total liabilities ($463.42K). 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 | $300.20K |
| % of Total Assets | 39.31% |
| Annual Growth Rate | -19.23% |
| 5-Year Change | -62.24% |
| 10-Year Change | -72.97% |
| Growth Volatility | 43.33 |
Network 1 Financial Group Inc - Net Assets Trend (2000–2011)
This chart illustrates how Network 1 Financial Group 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 Network 1 Financial Group Inc (2000–2011)
The table below shows the annual net assets of Network 1 Financial Group Inc from 2000 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-06-30 | $479.54K | -29.89% |
| 2010-06-30 | $683.98K | -45.69% |
| 2009-06-30 | $1.26 Million | +14.38% |
| 2008-12-31 | $1.10 Million | -13.30% |
| 2008-06-30 | $1.27 Million | -0.01% |
| 2007-12-31 | $1.27 Million | -10.78% |
| 2007-06-30 | $1.42 Million | -36.13% |
| 2006-06-30 | $2.23 Million | +15.85% |
| 2005-06-30 | $1.92 Million | +8.44% |
| 2004-06-30 | $1.77 Million | +104.25% |
| 2003-06-30 | $868.58K | +30.98% |
| 2002-06-30 | $663.16K | -67.72% |
| 2001-06-30 | $2.05 Million | -59.11% |
| 2000-06-30 | $5.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Network 1 Financial Group 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 grown by 2223000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $55.56K | 21.00% |
| Other Components | $2.02 Million | 762.75% |
| Total Equity | $264.54K | 100.00% |
Network 1 Financial Group Inc Competitors by Market Cap
The table below lists competitors of Network 1 Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alaska Pacific Energy Corp
PINK:ASKE
|
$0.92 |
|
MTEMQ
NASDAQ:MTEMQ
|
$0.92 |
|
Zulu-Tek Inc
PINK:ZULU
|
$0.92 |
|
Smart Decision Inc
PINK:SDEC
|
$0.92 |
|
Kinbasha Gaming International Inc
PINK:KNBA
|
$0.92 |
|
Strategic Management and Opportunity Corporation
PINK:SMPP
|
$0.92 |
|
Williston Holding Company Inc
PINK:WHCA
|
$0.92 |
|
Green Mountain Devel
PINK:GMND
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Network 1 Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 468,984 to 264,537, a change of -204,447 (-43.6%).
- Net loss of 812,000 reduced equity.
- Other factors increased equity by 607,553.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-812.00K | -306.95% |
| Other Changes | $607.55K | +229.67% |
| Total Change | $- | -43.59% |
Book Value vs Market Value Analysis
This analysis compares Network 1 Financial Group 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
- Current price-to-book ratio: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | $0.34 | $0.00 | x |
| 2001-06-30 | $0.12 | $0.00 | x |
| 2002-06-30 | $0.04 | $0.00 | x |
| 2003-06-30 | $0.05 | $0.00 | x |
| 2004-06-30 | $0.09 | $0.00 | x |
| 2005-06-30 | $0.10 | $0.00 | x |
| 2006-06-30 | $0.12 | $0.00 | x |
| 2007-06-30 | $0.08 | $0.00 | x |
| 2008-06-30 | $0.12 | $0.00 | x |
| 2009-06-30 | $0.04 | $0.00 | x |
| 2010-06-30 | $0.01 | $0.00 | x |
| 2011-06-30 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Network 1 Financial Group 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): -306.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.57%
- • Asset Turnover: 2.61x
- • Equity Multiplier: 2.97x
- Recent ROE (-306.95%) is below the historical average (-68.31%), 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 | -39.19% | -40.03% | 0.66x | 1.48x | $-2.47 Million |
| 2001 | -186.62% | -47.32% | 1.81x | 2.17x | $-4.04 Million |
| 2002 | -191.81% | -13.89% | 2.50x | 5.52x | $-1.34 Million |
| 2003 | -42.94% | -3.57% | 2.73x | 4.42x | $-459.86K |
| 2004 | 47.83% | 6.68% | 3.10x | 2.31x | $671.05K |
| 2005 | 6.73% | 1.13% | 2.66x | 2.25x | $-62.90K |
| 2006 | 13.58% | 2.48% | 2.33x | 2.34x | $79.73K |
| 2007 | 60.35% | 8.03% | 7.23x | 1.04x | $716.73K |
| 2008 | -13.28% | -6.42% | 2.06x | 1.00x | $-295.60K |
| 2009 | -37.73% | -11.92% | 1.91x | 1.66x | $-498.43K |
| 2010 | -129.64% | -20.75% | 2.71x | 2.31x | $-654.90K |
| 2011 | -306.95% | -39.57% | 2.61x | 2.97x | $-838.45K |
Industry Comparison
This section compares Network 1 Financial Group Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $157,964,914
- Average return on equity (ROE) among peers: -57.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Network 1 Financial Group Inc (NTFL) | $300.20K | -39.19% | 1.54x | $0.92 |
| Armada Mercantile Ltd (AAMTF) | $-163.70K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $980.15 Million | 55.52% | 2.82x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-8.36 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $473.78 Million | 8.36% | 0.14x | $200.98 Million |
| Abits Group Inc. (ABTS) | $6.74 Million | -73.26% | 1.15x | $4.60 Million |
| Argentex Group PLC (AGXTF) | $41.00 Million | 12.44% | 1.72x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $33.15 Million | 5.93% | 0.34x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $13.03 Million | -530.34% | 8.88x | $1.38 Million |