Obocon Inc
Obocon Inc. develops and markets parking ticket writing systems, Internet payment remittance systems, and Internet industry guides in the United States and Canada. It also manufactures various equipment for field operations, including printers, chargers, mobile device keypads, and other items. The company has contracts with universities, car rental companies, municipalities, and laundry facilitie… Read more
Obocon Inc (OBCN) - Net Assets
Latest net assets as of June 2019: $4.07 Million USD
Based on the latest financial reports, Obocon Inc (OBCN) has net assets worth $4.07 Million USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.09 Million) and total liabilities ($14.40K). 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 | $4.07 Million |
| % of Total Assets | 99.65% |
| Annual Growth Rate | 5.87% |
| 5-Year Change | 17.44% |
| 10-Year Change | 83.09% |
| Growth Volatility | 28.08 |
Obocon Inc - Net Assets Trend (1996–2019)
This chart illustrates how Obocon 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 Obocon Inc (1996–2019)
The table below shows the annual net assets of Obocon Inc from 1996 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-09-30 | $4.07 Million | 0.00% |
| 2018-09-30 | $4.07 Million | -2.00% |
| 2017-09-30 | $4.16 Million | +44387.37% |
| 2016-09-30 | $-9.38K | -100.27% |
| 2008-09-30 | $3.47 Million | +18.83% |
| 2007-09-30 | $2.92 Million | +2.50% |
| 2006-09-30 | $2.85 Million | +13.36% |
| 2005-09-30 | $2.51 Million | +8.58% |
| 2004-09-30 | $2.31 Million | +3.99% |
| 2003-09-30 | $2.22 Million | +11.16% |
| 2002-09-30 | $2.00 Million | +14.94% |
| 2001-09-30 | $1.74 Million | +17.24% |
| 2000-09-30 | $1.48 Million | +17.08% |
| 1999-09-30 | $1.27 Million | +14.84% |
| 1998-09-30 | $1.10 Million | -2.48% |
| 1997-09-30 | $1.13 Million | +3.20% |
| 1996-09-30 | $1.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Obocon 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 3878.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.24K | 100.00% |
| Other Components | $1.24 Million | 3742.37% |
| Total Equity | $33.24K | 100.00% |
Obocon Inc Competitors by Market Cap
The table below lists competitors of Obocon Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kenergy Scientific Inc
PINK:MSGP
|
$0.91 |
|
Mucinno Holding Inc
PINK:MCNO
|
$0.91 |
|
Medical Connections Holdings Inc
OTCGREY:MCTH
|
$0.91 |
|
BOL Bancshares Inc. PFD
PINK:BOLBP
|
$0.91 |
|
Global Ecology Corp
PINK:GLEC
|
$0.91 |
|
Landmark Land Company Inc
PINK:LLND
|
$0.91 |
|
WeedHire International Inc
PINK:WDHR
|
$0.91 |
|
Promithian Global Ventures Inc
PINK:PGVI
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Obocon Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 4,072,356 to 33,242, a change of -4,039,114 (-99.2%).
- Other comprehensive income increased equity by 1,881.
- Other factors decreased equity by 4,040,995.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Other Comprehensive Income | $1.88K | +5.66% |
| Other Changes | $-4.04 Million | -12156.29% |
| Total Change | $- | -99.18% |
Book Value vs Market Value Analysis
This analysis compares Obocon 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: 0.11x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-09-30 | $0.03 | $0.00 | x |
| 1997-09-30 | $0.03 | $0.00 | x |
| 1998-09-30 | $0.03 | $0.00 | x |
| 1999-09-30 | $0.04 | $0.00 | x |
| 2000-09-30 | $0.04 | $0.00 | x |
| 2001-09-30 | $0.05 | $0.00 | x |
| 2002-09-30 | $0.05 | $0.00 | x |
| 2003-09-30 | $0.06 | $0.00 | x |
| 2004-09-30 | $0.06 | $0.00 | x |
| 2005-09-30 | $0.07 | $0.00 | x |
| 2006-09-30 | $0.07 | $0.00 | x |
| 2007-09-30 | $0.08 | $0.00 | x |
| 2008-09-30 | $0.09 | $0.00 | x |
| 2016-09-30 | $0.00 | $0.00 | x |
| 2017-09-30 | $0.12 | $0.00 | x |
| 2018-09-30 | $0.12 | $0.00 | x |
| 2019-09-30 | $0.12 | $0.00 | x |
| 2020-09-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Obocon 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): -0.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.33%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.00x
- Recent ROE (-0.11%) is below the historical average (5.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 1.53% | 0.92% | 1.13x | 1.47x | $-92.94K |
| 1997 | 3.10% | 1.98% | 1.49x | 1.05x | $-78.17K |
| 1998 | -2.54% | -1.94% | 0.93x | 1.40x | $-138.46K |
| 1999 | 12.92% | 8.79% | 1.06x | 1.38x | $37.02K |
| 2000 | 13.56% | 12.09% | 0.92x | 1.22x | $52.92K |
| 2001 | 9.65% | 10.30% | 0.87x | 1.07x | $-6.06K |
| 2002 | 5.21% | 3.51% | 0.95x | 1.56x | $-89.02K |
| 2003 | 11.57% | 7.91% | 0.88x | 1.66x | $32.95K |
| 2004 | 4.67% | 3.17% | 0.98x | 1.50x | $-117.55K |
| 2005 | 7.01% | 5.82% | 0.85x | 1.41x | $-75.19K |
| 2006 | 11.79% | 9.49% | 1.04x | 1.19x | $50.87K |
| 2007 | 3.41% | 2.65% | 1.03x | 1.24x | $-192.31K |
| 2008 | 18.96% | 16.36% | 0.95x | 1.22x | $310.75K |
| 2016 | -0.15% | -3.01% | 0.05x | 1.00x | $-3.09K |
| 2017 | -2.38% | -7.24% | 0.33x | 1.01x | $-514.31K |
| 2018 | -1.44% | -4.24% | 0.34x | 1.00x | $-465.88K |
| 2019 | -0.11% | -0.33% | 0.34x | 1.00x | $-411.80K |
Industry Comparison
This section compares Obocon Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Obocon Inc (OBCN) | $4.07 Million | 1.53% | 0.00x | $0.91 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |