Nationwide RV & Resorts, Inc.
Nationwide RV & Resorts, Inc. through its subsidiaries, engages in discovering, developing, and distributing green products and services. It intends to develop and market energy saving diode for standard light bulbs; and hydrogen assist cell for internal combustion engines. The company also operates a Glamping Resort located near Bryce Canyon in southern Utah. Nationwide RV & Resorts, Inc. was fo… Read more
Nationwide RV & Resorts, Inc. (NWRV) - Net Assets
Latest net assets as of June 2024: $-609.02K USD
Based on the latest financial reports, Nationwide RV & Resorts, Inc. (NWRV) has net assets worth $-609.02K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.47 Million) and total liabilities ($2.08 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 | $-609.02K |
| % of Total Assets | -41.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Nationwide RV & Resorts, Inc. - Net Assets Trend (2000–2023)
This chart illustrates how Nationwide RV & Resorts, 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 Nationwide RV & Resorts, Inc. (2000–2023)
The table below shows the annual net assets of Nationwide RV & Resorts, Inc. from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-582.57K | +4.38% |
| 2022-12-31 | $-609.26K | +7.76% |
| 2021-12-31 | $-660.53K | -29.15% |
| 2020-12-31 | $-511.46K | +48.05% |
| 2019-12-31 | $-984.61K | -53.64% |
| 2018-12-31 | $-640.86K | +14.92% |
| 2017-12-31 | $-753.27K | -398.53% |
| 2016-12-31 | $-151.10K | -498.58% |
| 2015-12-31 | $-25.24K | +99.89% |
| 2003-12-31 | $-23.39 Million | +22.78% |
| 2002-12-31 | $-30.30 Million | -132.38% |
| 2001-12-31 | $-13.04 Million | -891.15% |
| 2000-12-31 | $1.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nationwide RV & Resorts, 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 33525400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $53.24K | % |
| Other Comprehensive Income | $-53.24K | % |
| Other Components | $2.27 Million | % |
| Total Equity | $-582.57K | 100.00% |
Nationwide RV & Resorts, Inc. Competitors by Market Cap
The table below lists competitors of Nationwide RV & Resorts, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Generic Gold Corporation
PINK:GGCPF
|
$3.19 Million |
|
Exact Therapeutics AS
OL:EXTX
|
$3.19 Million |
|
Matching Maximize Solution Public Company Limited
BK:MATCH
|
$3.19 Million |
|
Llama Group S.A.
PA:ALLAM
|
$3.19 Million |
|
Afrimat
JSE:AFT
|
$3.19 Million |
|
K2 Asset Management Holdings Ltd
AU:KAM
|
$3.18 Million |
|
Zhengye Biotechnology Holding Limited Ordinary Shares
NASDAQ:ZYBT
|
$3.18 Million |
|
BIG Industries Bhd
KLSE:7005
|
$3.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nationwide RV & Resorts, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -609,258 to -582,567, a change of 26,691.
- Net income of 26,691 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.69K | +4.58% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nationwide RV & Resorts, 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 |
|---|---|---|---|
| 2000-12-31 | $0.05 | $0.04 | x |
| 2001-12-31 | $-0.40 | $0.04 | x |
| 2002-12-31 | $-0.84 | $0.04 | x |
| 2003-12-31 | $-0.23 | $0.04 | x |
| 2015-12-31 | $0.00 | $0.04 | x |
| 2016-12-31 | $0.00 | $0.04 | x |
| 2017-12-31 | $0.00 | $0.04 | x |
| 2018-12-31 | $0.00 | $0.04 | x |
| 2019-12-31 | $0.00 | $0.04 | x |
| 2020-12-31 | $0.00 | $0.04 | x |
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $0.00 | $0.04 | x |
| 2023-12-31 | $0.00 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nationwide RV & Resorts, 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: 5.56%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-8.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -108.62% | -97.97% | 0.90x | 1.23x | $-1.95 Million |
| 2001 | 0.00% | -157.33% | 0.74x | 0.00x | $-17.49 Million |
| 2002 | 0.00% | -73.76% | 3.66x | 0.00x | $-16.68 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $1.84 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-80.82K |
| 2016 | 0.00% | -65.16% | 1.05x | 0.00x | $-110.75K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-526.67K |
| 2018 | 0.00% | 7.62% | 0.64x | 0.00x | $176.50K |
| 2019 | 0.00% | -35.06% | 0.38x | 0.00x | $-239.54K |
| 2020 | 0.00% | 89.35% | 0.22x | 0.00x | $471.76K |
| 2021 | 0.00% | -30.75% | 0.22x | 0.00x | $-82.95K |
| 2022 | 0.00% | 10.49% | 0.25x | 0.00x | $112.20K |
| 2023 | 0.00% | 5.56% | 0.27x | 0.00x | $84.95K |
Industry Comparison
This section compares Nationwide RV & Resorts, Inc.'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nationwide RV & Resorts, Inc. (NWRV) | $-609.02K | -108.62% | N/A | $3.19 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |