Reeltime Rentals Inc
Reeltime Rentals, Inc., doing business as ReelTime VR, operates as a multimedia company, develops, produces, and distributes virtual reality contents and technologies in the United States. It offers discounted media and ad placement service, which includes Internet, television, prints, radio, and out of office advertisement. It also provides production and distribution of Virtual Reality content,… Read more
Reeltime Rentals Inc (RLTR) - Net Assets
Latest net assets as of March 2025: $-2.91 Million USD
Based on the latest financial reports, Reeltime Rentals Inc (RLTR) has net assets worth $-2.91 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.48 Million) and total liabilities ($5.40 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 | $-2.91 Million |
| % of Total Assets | -117.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 585.37 |
Reeltime Rentals Inc - Net Assets Trend (2005–2024)
This chart illustrates how Reeltime Rentals 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 Reeltime Rentals Inc (2005–2024)
The table below shows the annual net assets of Reeltime Rentals Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.00 Million | -33.50% |
| 2023-12-31 | $-2.25 Million | +34.37% |
| 2022-12-31 | $-3.42 Million | -8.12% |
| 2021-12-31 | $-3.17 Million | -59.19% |
| 2020-12-31 | $-1.99 Million | -37.87% |
| 2019-12-31 | $-1.44 Million | -1.22% |
| 2018-12-31 | $-1.43 Million | +14.67% |
| 2017-12-31 | $-1.67 Million | +0.19% |
| 2016-12-31 | $-1.67 Million | -14.80% |
| 2015-12-31 | $-1.46 Million | -14.49% |
| 2014-12-31 | $-1.27 Million | -86.62% |
| 2013-12-31 | $-682.41K | +17.49% |
| 2008-12-31 | $-827.09K | -162.45% |
| 2007-12-31 | $-315.14K | -1261.35% |
| 2006-12-31 | $27.14K | -90.61% |
| 2005-12-31 | $288.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reeltime Rentals 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 924405200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.61 Million | % |
| Other Comprehensive Income | $1.11 Million | % |
| Other Components | $1.57 Million | % |
| Total Equity | $-3.00 Million | 100.00% |
Reeltime Rentals Inc Competitors by Market Cap
The table below lists competitors of Reeltime Rentals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Augmentum Fintech PLC
LSE:AUGM
|
$125.32 |
|
GLORY SUN FINL GRP HD 2
F:W2T0
|
$125.91 |
|
Diverse Income Trust Ord
LSE:DIVI
|
$125.92 |
|
Electric Guitar PLC
LSE:ELEG
|
$125.95 |
|
Karelian Diamond Resources PLC
LSE:KDR
|
$124.28 |
|
CAUDAN DEVELOPMENT LTD
SEM:CAUD
|
$123.75 |
|
Beruwala Resorts PLC
CM:BERUN0000
|
$123.42 |
|
Pathkey.ai Ltd
AU:PKY
|
$123.41 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reeltime Rentals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,247,611 to -3,000,596, a change of -752,985.
- Net loss of 799,969 reduced equity.
- Other comprehensive income increased equity by 38,125.
- Other factors increased equity by 8,859.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-799.97K | -26.66% |
| Other Comprehensive Income | $38.12K | +1.27% |
| Other Changes | $8.86K | +0.3% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Reeltime Rentals 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 |
|---|---|---|---|
| 2013-12-31 | $-0.15 | $0.01 | x |
| 2014-12-31 | $-0.24 | $0.01 | x |
| 2015-12-31 | $-0.23 | $0.01 | x |
| 2016-12-31 | $-0.21 | $0.01 | x |
| 2017-12-31 | $-0.11 | $0.01 | x |
| 2018-12-31 | $-0.05 | $0.01 | x |
| 2019-12-31 | $-0.03 | $0.01 | x |
| 2020-12-31 | $-0.05 | $0.01 | x |
| 2021-12-31 | $-0.05 | $0.01 | x |
| 2022-12-31 | $-0.04 | $0.01 | x |
| 2023-12-31 | $-0.02 | $0.01 | x |
| 2024-12-31 | $-0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reeltime Rentals 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.36%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-152.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -174.03% | -336.11% | 0.38x | 1.35x | $-531.66K |
| 2006 | -2258.09% | -33483.88% | 0.01x | 8.88x | $-615.47K |
| 2007 | 0.00% | -5626.11% | 0.07x | 0.00x | $-1.46 Million |
| 2008 | 0.00% | -42239.10% | 0.02x | 0.00x | $-1.19 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $39.36K |
| 2014 | 0.00% | -6930.26% | 0.17x | 0.00x | $-219.16K |
| 2015 | 0.00% | -836.19% | 42.91x | 0.00x | $-276.13K |
| 2016 | 0.00% | -1100.20% | 0.28x | 0.00x | $-495.46K |
| 2017 | 0.00% | -16.66% | 0.61x | 0.00x | $105.97K |
| 2018 | 0.00% | -48.55% | 0.63x | 0.00x | $-159.04K |
| 2019 | 0.00% | -21.22% | 0.96x | 0.00x | $-87.43K |
| 2020 | 0.00% | -73.27% | 0.43x | 0.00x | $-229.30K |
| 2021 | 0.00% | -95.80% | 0.88x | 0.00x | $-1.66 Million |
| 2022 | 0.00% | -53.55% | 0.59x | 0.00x | $-509.13K |
| 2023 | 0.00% | 46.90% | 1.01x | 0.00x | $1.43 Million |
| 2024 | 0.00% | -66.36% | 0.54x | 0.00x | $-499.91K |
Industry Comparison
This section compares Reeltime Rentals Inc'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 |
|---|---|---|---|---|
| Reeltime Rentals Inc (RLTR) | $-2.91 Million | -174.03% | N/A | $124.66 |
| 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 |