Rotate Black Inc
Rotate Black, Inc. develops, operates, and manages casino resorts primarily in Gulfport, Mississippi. It focuses on the management of a casino resort in Gulfport, Mississippi, which would feature approximately 1,400 slot machines and 33 table games, as well as non-gaming amenities, including a four-star 300 room hotel, pool, cabanas, steakhouse, buffet, snack bar, and feature bars. The company al… Read more
Rotate Black Inc (ROBK) - Net Assets
Latest net assets as of March 2015: $-14.41 Million USD
Based on the latest financial reports, Rotate Black Inc (ROBK) has net assets worth $-14.41 Million USD as of March 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.55 Million) and total liabilities ($21.95 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 | $-14.41 Million |
| % of Total Assets | -190.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | -641.05% |
| 10-Year Change | -175.91% |
| Growth Volatility | 370.31 |
Rotate Black Inc - Net Assets Trend (2000–2015)
This chart illustrates how Rotate Black 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 Rotate Black Inc (2000–2015)
The table below shows the annual net assets of Rotate Black Inc from 2000 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-06-30 | $-11.44 Million | -25.10% |
| 2014-06-30 | $-9.15 Million | -32.82% |
| 2013-06-30 | $-6.89 Million | -425.63% |
| 2012-06-30 | $2.12 Million | 0.00% |
| 2011-06-30 | $2.12 Million | -85.08% |
| 2010-06-30 | $14.18 Million | +69.83% |
| 2009-06-30 | $8.35 Million | +135006.59% |
| 2008-06-30 | $-6.19K | +99.86% |
| 2003-06-30 | $-4.47 Million | -129.66% |
| 2002-06-30 | $15.07 Million | +873.83% |
| 2001-06-30 | $1.55 Million | +7.87% |
| 2000-06-30 | $1.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rotate Black 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 3393003400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $53.17K | % |
| Other Components | $25.93 Million | % |
| Total Equity | $-7.94 Million | 100.00% |
Rotate Black Inc Competitors by Market Cap
The table below lists competitors of Rotate Black Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
True North Energy Corp
PINK:TNEN
|
$0.91 |
|
Exceed Company Ltd
PINK:EDSFF
|
$0.91 |
|
JB & ZJMY Holding Company Inc
PINK:JBZY
|
$0.91 |
|
Microphonics Inc
PINK:MRPS
|
$0.91 |
|
InfoSearch Media Inc
PINK:ISHM
|
$0.91 |
|
Omni Ventures Inc
PINK:OMVE
|
$0.91 |
|
IFAN Financial Inc
PINK:IFAN
|
$0.91 |
|
Green Planet Grp
PINK:GNPG
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rotate Black Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from -6,086,915 to -7,943,128, a change of -1,856,213.
- Net loss of 2,416,000 reduced equity.
- Other factors increased equity by 559,787.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.42 Million | -30.42% |
| Other Changes | $559.79K | +7.05% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Rotate Black 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 |
|---|---|---|---|
| 2002-06-30 | $6472.70 | $0.00 | x |
| 2003-06-30 | $-113.98 | $0.00 | x |
| 2009-06-30 | $6.92 | $0.00 | x |
| 2010-06-30 | $8.75 | $0.00 | x |
| 2011-06-30 | $0.00 | $0.00 | x |
| 2012-06-30 | $1.09 | $0.00 | x |
| 2013-06-30 | $-1.95 | $0.00 | x |
| 2014-06-30 | $-1.54 | $0.00 | x |
| 2015-06-30 | $-1.62 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rotate Black 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-133.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -30.41% | -332.49% | 0.07x | 1.35x | $-6.09 Million |
| 2003 | 0.00% | -1234.21% | 2.27x | 0.00x | $-27.77 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.14K |
| 2009 | -26.16% | 0.00% | 0.00x | 2.31x | $-2.53 Million |
| 2010 | -16.39% | -350.67% | 0.03x | 1.67x | $-3.39 Million |
| 2011 | -631.44% | -2578.35% | 0.06x | 4.08x | $-13.57 Million |
| 2012 | -631.42% | -2578.28% | 0.06x | 4.08x | $-13.57 Million |
| 2013 | 0.00% | -6397.22% | 0.08x | 0.00x | $-10.98 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.76 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.62 Million |
Industry Comparison
This section compares Rotate Black Inc's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rotate Black Inc (ROBK) | $-14.41 Million | -30.41% | N/A | $0.91 |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |