Parks! America Inc
Parks! America, Inc., through its subsidiaries, engages in acquiring, developing, and operating local and regional entertainment assets in the United States. The company owns and operates Wild Animal Safari parks in Pine Mountain, Georgia; Strafford, Missouri; and Bryan/College Station, Texas. The company was formerly known as Great American Family Parks, Inc. and changed its name to Parks! Ameri… Read more
Parks! America Inc (PRKA) - Net Assets
Latest net assets as of January 2025: $14.14 Million USD
Based on the latest financial reports, Parks! America Inc (PRKA) has net assets worth $14.14 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.70 Million) and total liabilities ($4.56 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 | $14.14 Million |
| % of Total Assets | 75.62% |
| Annual Growth Rate | 9.45% |
| 5-Year Change | 18.95% |
| 10-Year Change | 287.43% |
| Growth Volatility | 22.12 |
Parks! America Inc - Net Assets Trend (2005–2024)
This chart illustrates how Parks! America 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 Parks! America Inc (2005–2024)
The table below shows the annual net assets of Parks! America Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $13.95 Million | -6.92% |
| 2023-10-31 | $14.99 Million | -2.40% |
| 2022-10-31 | $15.35 Million | +5.38% |
| 2021-10-31 | $14.57 Million | +24.25% |
| 2020-10-31 | $11.73 Million | +31.39% |
| 2019-10-31 | $8.92 Million | +14.28% |
| 2018-10-31 | $7.81 Million | +15.07% |
| 2017-10-31 | $6.79 Million | +23.17% |
| 2016-10-31 | $5.51 Million | +53.05% |
| 2015-10-31 | $3.60 Million | +21.18% |
| 2014-10-31 | $2.97 Million | -0.15% |
| 2013-10-31 | $2.98 Million | +6.91% |
| 2012-10-31 | $2.78 Million | +11.97% |
| 2011-10-31 | $2.49 Million | +4.76% |
| 2010-10-31 | $2.37 Million | -2.38% |
| 2009-10-31 | $2.43 Million | -43.44% |
| 2007-10-31 | $4.30 Million | +7.52% |
| 2006-10-31 | $4.00 Million | +59.34% |
| 2005-10-31 | $2.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parks! America 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 963416700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.71 Million | 62.46% |
| Common Stock | $75.73K | 0.54% |
| Other Components | $5.16 Million | 36.99% |
| Total Equity | $13.95 Million | 100.00% |
Parks! America Inc Competitors by Market Cap
The table below lists competitors of Parks! America Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vacasa Inc
NASDAQ:VCSA
|
$7.41 Million |
|
PROEN Corp Public Company Limited
BK:PROEN
|
$7.41 Million |
|
GUH Holdings Bhd
KLSE:3247
|
$7.42 Million |
|
RIAS A/S
CO:RIAS-B
|
$7.42 Million |
|
Pharmacielo Ltd
PINK:PCLOF
|
$7.41 Million |
|
CopAur Minerals Inc
OTCQX:COPAF
|
$7.41 Million |
|
Perfect Moment Ltd.
NASDAQ:PMNT
|
$7.41 Million |
|
Northern Solar Holdings Berhad
KLSE:0340
|
$7.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parks! America Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,985,208 to 13,948,227, a change of -1,036,981 (-6.9%).
- Net loss of 1,094,481 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.09 Million | -7.85% |
| Other Changes | $57.50K | +0.41% |
| Total Change | $- | -6.92% |
Book Value vs Market Value Analysis
This analysis compares Parks! America 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: 2.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.55x to 2.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-10-31 | $0.05 | $0.38 | x |
| 2006-10-31 | $0.06 | $0.38 | x |
| 2007-10-31 | $0.08 | $0.38 | x |
| 2009-10-31 | $0.05 | $0.38 | x |
| 2010-10-31 | $0.03 | $0.38 | x |
| 2011-10-31 | $0.03 | $0.38 | x |
| 2012-10-31 | $0.04 | $0.38 | x |
| 2013-10-31 | $0.04 | $0.38 | x |
| 2014-10-31 | $0.04 | $0.38 | x |
| 2015-10-31 | $0.05 | $0.38 | x |
| 2016-10-31 | $0.07 | $0.38 | x |
| 2017-10-31 | $0.09 | $0.38 | x |
| 2018-10-31 | $0.10 | $0.38 | x |
| 2019-10-31 | $0.12 | $0.38 | x |
| 2020-10-31 | $0.16 | $0.38 | x |
| 2021-10-31 | $0.19 | $0.38 | x |
| 2022-10-31 | $0.20 | $0.38 | x |
| 2023-10-31 | $0.20 | $0.38 | x |
| 2024-10-31 | $0.18 | $0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parks! America 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): -7.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.04%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.38x
- Recent ROE (-7.85%) is below the historical average (6.12%), 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 | -33.00% | -11.86% | 1.15x | 2.42x | $-1.08 Million |
| 2006 | 10.57% | 4.53% | 1.42x | 1.64x | $22.94K |
| 2007 | 7.00% | 6.13% | 0.58x | 1.95x | $-129.12K |
| 2009 | -16.67% | -12.22% | 0.37x | 3.64x | $-648.12K |
| 2010 | -6.68% | -4.69% | 0.47x | 3.04x | $-395.77K |
| 2012 | 10.63% | 8.02% | 0.56x | 2.35x | $17.56K |
| 2013 | 6.42% | 5.09% | 0.54x | 2.34x | $-106.63K |
| 2014 | -0.26% | -0.19% | 0.56x | 2.42x | $-304.67K |
| 2015 | 17.35% | 14.26% | 0.56x | 2.16x | $264.58K |
| 2016 | 34.51% | 37.83% | 0.53x | 1.72x | $1.35 Million |
| 2017 | 18.58% | 20.21% | 0.61x | 1.52x | $581.97K |
| 2018 | 12.95% | 16.72% | 0.63x | 1.24x | $230.24K |
| 2019 | 12.29% | 17.73% | 0.57x | 1.21x | $204.08K |
| 2020 | 23.60% | 29.11% | 0.49x | 1.66x | $1.59 Million |
| 2021 | 19.21% | 23.59% | 0.57x | 1.44x | $1.34 Million |
| 2022 | 4.74% | 6.77% | 0.51x | 1.37x | $-807.90K |
| 2023 | -3.23% | -5.12% | 0.47x | 1.34x | $-1.98 Million |
| 2024 | -7.85% | -11.04% | 0.52x | 1.38x | $-2.49 Million |
Industry Comparison
This section compares Parks! America Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parks! America Inc (PRKA) | $14.14 Million | -33.00% | 0.32x | $7.41 Million |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |