Phosphate Holdings Inc
Phosphate Holdings, Inc., together with its subsidiary, Mississippi Phosphates Corporation, engages in the production and sale of phosphate fertilizer in Pascagoula, Mississippi. The company also exports its products. Phosphate Holdings, Inc. was incorporated in 2004 and is based in Madison, Mississippi.
Phosphate Holdings Inc (PHOS) - Net Assets
Latest net assets as of September 2012: $53.69 Million USD
Based on the latest financial reports, Phosphate Holdings Inc (PHOS) has net assets worth $53.69 Million USD as of September 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($111.97 Million) and total liabilities ($58.28 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 | $53.69 Million |
| % of Total Assets | 47.95% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | -31.12% |
| 10-Year Change | N/A |
| Growth Volatility | 146.59 |
Phosphate Holdings Inc - Net Assets Trend (2005–2011)
This chart illustrates how Phosphate Holdings 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 Phosphate Holdings Inc (2005–2011)
The table below shows the annual net assets of Phosphate Holdings Inc from 2005 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $58.71 Million | -1.36% |
| 2010-12-31 | $59.52 Million | +1.82% |
| 2009-12-31 | $58.45 Million | -16.76% |
| 2008-12-31 | $70.22 Million | -17.61% |
| 2007-12-31 | $85.23 Million | +385.09% |
| 2006-12-31 | $17.57 Million | -4.95% |
| 2005-12-31 | $18.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phosphate Holdings 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 449.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.97 Million | 39.12% |
| Common Stock | $84.00K | 0.14% |
| Other Components | $35.66 Million | 60.74% |
| Total Equity | $58.71 Million | 100.00% |
Phosphate Holdings Inc Competitors by Market Cap
The table below lists competitors of Phosphate Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EnerNorth Industries Inc
OTCGREY:ENYNF
|
$0.92 |
|
TFN Football Network
PINK:TFBN
|
$0.92 |
|
C=Holdings B.V
OTCGREY:CBUIF
|
$0.92 |
|
Commerce Group Corp
PINK:CGCO
|
$0.92 |
|
Ubiquitech Software
PINK:UBQU
|
$0.92 |
|
Radium Resources Corp
PINK:RADR
|
$0.92 |
|
China Clean Energy
PINK:CCGY
|
$0.92 |
|
SheerVision Inc
PINK:SVSO
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phosphate Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 59,518,000 to 58,710,000, a change of -808,000 (-1.4%).
- Net loss of 808,000 reduced equity.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-808.00K | -1.38% |
| Total Change | $- | -1.36% |
Book Value vs Market Value Analysis
This analysis compares Phosphate Holdings 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: 0.00x
- 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 |
|---|---|---|---|
| 2005-12-31 | $2.51 | $0.00 | x |
| 2006-12-31 | $2.38 | $0.00 | x |
| 2007-12-31 | $10.54 | $0.00 | x |
| 2008-12-31 | $9.17 | $0.00 | x |
| 2009-12-31 | $7.58 | $0.00 | x |
| 2010-12-31 | $7.08 | $0.00 | x |
| 2011-12-31 | $6.98 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phosphate Holdings 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): -1.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.23%
- • Asset Turnover: 2.68x
- • Equity Multiplier: 2.24x
- Recent ROE (-1.38%) is below the historical average (6.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 26.42% | 4.85% | 2.51x | 2.17x | $3.04 Million |
| 2006 | -10.21% | -1.36% | 2.11x | 3.55x | $-3.55 Million |
| 2007 | 57.36% | 21.99% | 1.79x | 1.46x | $40.37 Million |
| 2008 | -5.03% | -0.79% | 3.20x | 1.98x | $-10.55 Million |
| 2009 | -23.19% | -7.27% | 2.29x | 1.39x | $-19.40 Million |
| 2010 | 1.79% | 0.41% | 2.14x | 2.05x | $-4.89 Million |
| 2011 | -1.38% | -0.23% | 2.68x | 2.24x | $-6.68 Million |
Industry Comparison
This section compares Phosphate Holdings Inc's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,234,454,915
- Average return on equity (ROE) among peers: -88.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phosphate Holdings Inc (PHOS) | $53.69 Million | 26.42% | 1.09x | $0.92 |
| Argo Living Soils Corp (ARLSF) | $117.11K | -241.15% | 0.57x | $4.77 Million |
| American Vanguard Corporation (AVD) | $282.36 Million | 4.53% | 0.52x | $93.02 Million |
| Bee Vectoring Technologies International Inc (BEVVF) | $1.82 Million | -170.52% | 0.16x | $47.51K |
| Benson Hill, Inc. Common Stock (BHIL) | $86.04 Million | -134.02% | 2.19x | $178.85K |
| BHILW (BHILW) | $86.04 Million | -134.02% | 2.19x | $286.16K |
| Bioceres Crop Solutions Corp (BIOX) | $351.38 Million | 0.92% | 1.43x | $16.37 Million |
| CO2 Gro Inc (BLONF) | $577.93K | -224.34% | 1.65x | $154.65K |
| China BlueChemical Ltd (CBLUF) | $7.05 Billion | 23.77% | 0.29x | $484.41 Million |
| CF Industries Holdings Inc (CF) | $4.39 Billion | 15.96% | 1.90x | $15.33 Billion |
| China Green Agriculture Inc (CGA) | $100.10 Million | -28.38% | 0.63x | $14.93 Million |