Renovate Neighborhoods Inc
Renovate Neighborhoods, Inc. does not have significant operations. Previously, it was engaged in the Internet and mobile entertainment business. The company was formerly known as VoxPop Worldwide, Inc. and changed its name to Renovate Neighborhoods, Inc. in December 2010. Renovate Neighborhoods, Inc. was founded in 1995 and is based in Sunrise, Florida.
Renovate Neighborhoods Inc (RNVT) - Net Assets
Latest net assets as of December 2011: $61.10K USD
Based on the latest financial reports, Renovate Neighborhoods Inc (RNVT) has net assets worth $61.10K USD as of December 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($69.54K) and total liabilities ($8.44K). 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 | $61.10K |
| % of Total Assets | 87.87% |
| Annual Growth Rate | 4.8% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 607.77 |
Renovate Neighborhoods Inc - Net Assets Trend (2009–2013)
This chart illustrates how Renovate Neighborhoods 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 Renovate Neighborhoods Inc (2009–2013)
The table below shows the annual net assets of Renovate Neighborhoods Inc from 2009 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $867.85K | +1320.32% |
| 2011-12-31 | $61.10K | -97.33% |
| 2010-12-31 | $2.29 Million | +217.86% |
| 2009-12-31 | $719.49K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renovate Neighborhoods 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 177407800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.63K | 3.07% |
| Other Components | $3.49 Million | 402.49% |
| Total Equity | $867.85K | 100.00% |
Renovate Neighborhoods Inc Competitors by Market Cap
The table below lists competitors of Renovate Neighborhoods Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AmeriStar Network Inc
PINK:AMWK
|
$0.90 |
|
Critical Infrastructure Technologies Ltd.
PINK:CITLF
|
$0.90 |
|
Treasure Island Royalty Trust
PINK:TISDZ
|
$0.90 |
|
Green PolkaDot Box Inc
PINK:GPDB
|
$0.90 |
|
Legends Business Grp
PINK:LGBS
|
$0.90 |
|
1812 Brewing Company Inc
PINK:KEGS
|
$0.90 |
|
North American Exploration Corp
OTCGREY:NAMX
|
$0.90 |
|
Axiologix Inc
PINK:AXLX
|
$0.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renovate Neighborhoods Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2013, total equity changed from 61,102 to 867,846, a change of 806,744 (1320.3%).
- Net loss of 72,710 reduced equity.
- Share repurchases of 940,556 reduced equity.
- Other factors increased equity by 1,820,010.
Equity Change Factors (2011 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-72.71K | -8.38% |
| Share Repurchases | $940.56K | -108.38% |
| Other Changes | $1.82 Million | +209.72% |
| Total Change | $- | 1320.32% |
Book Value vs Market Value Analysis
This analysis compares Renovate Neighborhoods 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: 0.20x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.81 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renovate Neighborhoods 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): -8.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.72%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.52x
- Recent ROE (-8.38%) is above the historical average (-1062.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -120.70% | -1116.65% | 0.04x | 2.56x | $-940.38K |
| 2010 | -1.39% | -11767.41% | 0.00x | 1.13x | $-260.47K |
| 2011 | -4120.86% | 0.00% | 0.00x | 1.14x | $-2.52 Million |
| 2013 | -8.38% | -57.72% | 0.10x | 1.52x | $-159.49K |
Industry Comparison
This section compares Renovate Neighborhoods Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renovate Neighborhoods Inc (RNVT) | $61.10K | -120.70% | 0.14x | $0.90 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |