Pulse Evolution Corp
Pulse Evolution Corporation develops computer-generated human likeness applications for utilization in education, health care, telecommunications, defense, transportation, and entertainment industries. It develops virtual humans for live shows, virtual reality, augmented reality, holographic, 3D stereoscopic, Web, mobile, interactive, and artificial intelligence applications. The company was foun… Read more
Pulse Evolution Corp (PLFX) - Net Assets
Latest net assets as of March 2019: $-1.66 Million USD
Based on the latest financial reports, Pulse Evolution Corp (PLFX) has net assets worth $-1.66 Million USD as of March 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.89 Million) and total liabilities ($11.55 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 | $-1.66 Million |
| % of Total Assets | -16.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | -368.1% |
| 10-Year Change | N/A |
| Growth Volatility | 3819.69 |
Pulse Evolution Corp - Net Assets Trend (2013–2018)
This chart illustrates how Pulse Evolution Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pulse Evolution Corp (2013–2018)
The table below shows the annual net assets of Pulse Evolution Corp from 2013 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-06-30 | $-2.01 Million | +69.30% |
| 2017-06-30 | $-6.55 Million | +77.19% |
| 2016-06-30 | $-28.70 Million | -1870.91% |
| 2015-06-30 | $-1.46 Million | -294.22% |
| 2014-06-30 | $749.73K | +7345.16% |
| 2013-06-30 | $10.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pulse Evolution Corp'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 7792945800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.51 Million | % |
| Other Comprehensive Income | $75.92 Million | % |
| Total Equity | $-2.01 Million | 100.00% |
Pulse Evolution Corp Competitors by Market Cap
The table below lists competitors of Pulse Evolution Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRECIOUS METAL + MIN.TR.
F:5Z5
|
$25.06K |
|
254160
KO:254160
|
$25.06K |
|
WOOLWORTHS H. NEW O.N.
F:WN3
|
$25.10K |
|
ZAPTEC ASA NK -015
F:6I4
|
$25.11K |
|
TOTAL PETROLEUM GHANA LTD
GSE:TOTAL
|
$25.05K |
|
CLEVELAND BIOLABS
F:7CB
|
$25.03K |
|
NIPPON SHEET GLASS - Dusseldorf Stock Exchang
DU:NI9
|
$25.02K |
|
RAISIO -V-
MU:RATV
|
$24.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pulse Evolution Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -6,547,512 to -2,010,041, a change of 4,537,471.
- Net loss of 9,063,682 reduced equity.
- Other comprehensive income increased equity by 14,472,906.
- Other factors decreased equity by 871,753.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.06 Million | -450.92% |
| Other Comprehensive Income | $14.47 Million | +720.03% |
| Other Changes | $-871.75K | -43.37% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Pulse Evolution Corp'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 |
|---|---|---|---|
| 2016-06-30 | $-0.18 | $0.00 | x |
| 2017-06-30 | $-0.04 | $0.00 | x |
| 2018-06-30 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pulse Evolution Corp 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: -1542.64%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-304.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 1.50x | $-1.01K |
| 2014 | -1825.09% | -573.42% | 1.10x | 2.91x | $-11.16 Million |
| 2015 | 0.00% | -13875.62% | 0.03x | 0.00x | $-12.09 Million |
| 2016 | 0.00% | -766671.73% | 0.00x | 0.00x | $-59.23 Million |
| 2017 | 0.00% | 441.81% | 0.14x | 0.00x | $9.18 Million |
| 2018 | 0.00% | -1542.64% | 0.05x | 0.00x | $-8.86 Million |
Industry Comparison
This section compares Pulse Evolution Corp's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pulse Evolution Corp (PLFX) | $-1.66 Million | 0.00% | N/A | $25.06K |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |