Southern Concepts Restaurant Group Inc
Southern Concepts Restaurant Group, Inc. does not have significant business operations. Previously, it owned and managed restaurants in Colorado. The company was formerly known as Bourbon Brothers Holding Corporation and changed its name to Southern Concepts Restaurant Group, Inc. in March 2015. Southern Concepts Restaurant Group, Inc. was founded in 2008 and is headquartered in Colorado Springs,… Read more
Southern Concepts Restaurant Group Inc (RIBS) - Net Assets
Latest net assets as of September 2016: $495.48K USD
Based on the latest financial reports, Southern Concepts Restaurant Group Inc (RIBS) has net assets worth $495.48K USD as of September 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.17 Million) and total liabilities ($3.67 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 | $495.48K |
| % of Total Assets | 11.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 38.55 |
Southern Concepts Restaurant Group Inc - Net Assets Trend (2010–2015)
This chart illustrates how Southern Concepts Restaurant Group 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 Southern Concepts Restaurant Group Inc (2010–2015)
The table below shows the annual net assets of Southern Concepts Restaurant Group Inc from 2010 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $2.43 Million | +13.62% |
| 2014-12-31 | $2.14 Million | +85.49% |
| 2013-12-31 | $1.15 Million | -3.50% |
| 2012-12-31 | $1.20 Million | +2573.40% |
| 2011-12-31 | $-48.35K | -180.38% |
| 2010-12-31 | $-17.24K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern Concepts Restaurant Group 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 1694716200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $97.56K | % |
| Other Comprehensive Income | $-97.56K | % |
| Other Components | $14.87 Million | % |
| Total Equity | $-2.09 Million | 100.00% |
Southern Concepts Restaurant Group Inc Competitors by Market Cap
The table below lists competitors of Southern Concepts Restaurant Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fibra Shop
MX:FSHOP13
|
$5.02K |
|
CHINA TELECOM -H-
MU:ZCH
|
$5.03K |
|
Egyptian Media Production City
EGX:MPRC
|
$5.03K |
|
Made Tech Group PLC
LSE:MTEC
|
$5.04K |
|
Fair Oaks Income 2021 Ord
NASDAQ:FAIR
|
$5.02K |
|
Carpevigo Holding AG
MU:CV3
|
$5.02K |
|
Ambeon Holdings PLC
CM:GREGN0000
|
$5.01K |
|
Namsung Corp.
KQ:004270
|
$5.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Concepts Restaurant Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -2,089,516 to -2,088,517, a change of 999.
- Other comprehensive income increased equity by 999.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Other Comprehensive Income | $999.00 | +0.05% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Southern Concepts Restaurant Group 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $-0.02 | $0.00 | x |
| 2011-12-31 | $-0.04 | $0.00 | x |
| 2012-12-31 | $0.14 | $0.00 | x |
| 2013-12-31 | $0.08 | $0.00 | x |
| 2014-12-31 | $0.05 | $0.00 | x |
| 2015-12-31 | $0.03 | $0.00 | x |
| 2019-12-31 | $-0.02 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
| 2022-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Concepts Restaurant Group 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): -185.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51.67%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 3.16x
- Recent ROE (-185.76%) is above the historical average (-215.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -433.04% | -1912.94% | 0.23x | 1.00x | $-6.05K |
| 2010 | 0.00% | -1826.20% | 0.80x | 0.00x | $-16.88K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-26.27K |
| 2012 | -368.38% | 0.00% | 0.00x | 4.48x | $-2.51 Million |
| 2013 | -358.58% | -122.10% | 0.82x | 3.58x | $-2.63 Million |
| 2014 | -163.59% | -65.99% | 1.15x | 2.16x | $-3.60 Million |
| 2015 | -185.76% | -51.67% | 1.14x | 3.16x | $-3.58 Million |
Industry Comparison
This section compares Southern Concepts Restaurant Group Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Concepts Restaurant Group Inc (RIBS) | $495.48K | -433.04% | 7.41x | $5.02K |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |