Proxim Wireless Corporation
Proxim Wireless Corporation provides Wi-Fi, point-to-point, and point-to-multipoint 4G wireless network technologies for wireless Internet, video surveillance, and backhaul applications. It offers wireless broadband and backhaul products, wireless LAN access products, and network controllers. The company's products have applications in transportation, video surveillance, mobility, Wi-Fi offload, … Read more
Proxim Wireless Corporation (PRXM) - Net Assets
Latest net assets as of September 2010: $4.32 Million USD
Based on the latest financial reports, Proxim Wireless Corporation (PRXM) has net assets worth $4.32 Million USD as of September 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.61 Million) and total liabilities ($11.29 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 | $4.32 Million |
| % of Total Assets | 27.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | -97.0% |
| 10-Year Change | -96.84% |
| Growth Volatility | 154.18 |
Proxim Wireless Corporation - Net Assets Trend (1998–2009)
This chart illustrates how Proxim Wireless Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Proxim Wireless Corporation (1998–2009)
The table below shows the annual net assets of Proxim Wireless Corporation from 1998 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $1.58 Million | -81.75% |
| 2008-12-31 | $8.67 Million | -49.99% |
| 2007-12-31 | $17.34 Million | -43.77% |
| 2006-12-31 | $30.83 Million | -41.51% |
| 2005-12-31 | $52.72 Million | -20.11% |
| 2004-12-31 | $65.99 Million | +307.73% |
| 2003-12-31 | $16.18 Million | +259.03% |
| 2002-12-31 | $4.51 Million | -80.71% |
| 2001-12-31 | $23.37 Million | -53.34% |
| 2000-12-31 | $50.10 Million | +274.66% |
| 1999-12-31 | $13.37 Million | +154.38% |
| 1998-12-31 | $-24.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Proxim Wireless Corporation'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 3853000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $235.00K | 14.85% |
| Other Components | $65.15 Million | 4118.02% |
| Total Equity | $1.58 Million | 100.00% |
Proxim Wireless Corporation Competitors by Market Cap
The table below lists competitors of Proxim Wireless Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CANICKEL MINING (CMID.SG)
STU:CMID
|
$91.06 |
|
Acceler8 Ventures PLC
LSE:AC8
|
$91.25 |
|
AXAMANSARD INSURANCE PLC
XNSA:MANSARD
|
$91.84 |
|
LAMBOO RESOURCE
BE:F93
|
$92.22 |
|
Cityland Development Corp
PSE:CDC
|
$90.80 |
|
BK MAYBANK INDO -A- (BOZA.SG)
STU:BOZA
|
$90.50 |
|
Sproutly Canada Inc
STU:38G
|
$89.74 |
|
Vitarich Corp
PSE:VITA
|
$89.70 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Proxim Wireless Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 8,670,000 to 1,582,000, a change of -7,088,000 (-81.8%).
- Net loss of 7,406,000 reduced equity.
- Other factors increased equity by 318,000.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.41 Million | -468.14% |
| Other Changes | $318.00K | +20.1% |
| Total Change | $- | -81.75% |
Book Value vs Market Value Analysis
This analysis compares Proxim Wireless Corporation'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 |
|---|---|---|---|
| 1998-12-31 | $-19992.68 | $0.01 | x |
| 1999-12-31 | $8826.40 | $0.01 | x |
| 2000-12-31 | $1352.56 | $0.01 | x |
| 2001-12-31 | $249.32 | $0.01 | x |
| 2002-12-31 | $120.21 | $0.01 | x |
| 2003-12-31 | $126.04 | $0.01 | x |
| 2004-12-31 | $333.42 | $0.01 | x |
| 2005-12-31 | $241.81 | $0.01 | x |
| 2006-12-31 | $143.26 | $0.01 | x |
| 2007-12-31 | $74.48 | $0.01 | x |
| 2008-12-31 | $36.86 | $0.01 | x |
| 2009-12-31 | $6.73 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Proxim Wireless Corporation 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): -468.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.95%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 12.55x
- Recent ROE (-468.14%) is below the historical average (-73.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | -399.37% | 0.16x | 0.00x | $-7.07 Million |
| 1999 | -74.30% | -102.21% | 0.38x | 1.89x | $-11.27 Million |
| 2000 | -78.07% | -158.01% | 0.38x | 1.31x | $-44.12 Million |
| 2001 | 0.53% | 0.87% | 0.48x | 1.27x | $-2.21 Million |
| 2002 | 34.65% | 7.69% | 2.37x | 1.90x | $1.11 Million |
| 2003 | 28.44% | 16.90% | 1.31x | 1.28x | $2.98 Million |
| 2004 | -2.04% | -5.88% | 0.30x | 1.17x | $-7.95 Million |
| 2005 | -21.17% | -18.92% | 0.79x | 1.42x | $-16.43 Million |
| 2006 | -75.12% | -30.73% | 1.51x | 1.62x | $-26.25 Million |
| 2007 | -109.96% | -28.76% | 1.82x | 2.10x | $-20.80 Million |
| 2008 | -115.86% | -20.50% | 2.01x | 2.81x | $-10.91 Million |
| 2009 | -468.14% | -24.95% | 1.49x | 12.55x | $-7.56 Million |
Industry Comparison
This section compares Proxim Wireless Corporation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Proxim Wireless Corporation (PRXM) | $4.32 Million | 0.00% | 2.61x | $90.87 |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |