Rainier Pacific Financial Group Inc
Rainier Pacific Financial Group Inc. operates as the holding company for Rainier Pacific Savings Bank, which provides various banking services. Its deposit products include checking accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts. The company's lending products include one-to-four family, multifamily, and commercial real estat… Read more
Rainier Pacific Financial Group Inc (RPFG) - Net Assets
Latest net assets as of December 2009: $-10.42 Million USD
Based on the latest financial reports, Rainier Pacific Financial Group Inc (RPFG) has net assets worth $-10.42 Million USD as of December 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($717.86 Million) and total liabilities ($728.28 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 | $-10.42 Million |
| % of Total Assets | -1.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | -112.3% |
| 10-Year Change | N/A |
| Growth Volatility | 76.65 |
Rainier Pacific Financial Group Inc - Net Assets Trend (2000–2009)
This chart illustrates how Rainier Pacific Financial 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 Rainier Pacific Financial Group Inc (2000–2009)
The table below shows the annual net assets of Rainier Pacific Financial Group Inc from 2000 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $-10.42 Million | -135.57% |
| 2008-12-31 | $29.29 Million | -66.26% |
| 2007-12-31 | $86.82 Million | -1.15% |
| 2006-12-31 | $87.83 Million | +3.68% |
| 2005-12-31 | $84.71 Million | -14.27% |
| 2004-12-31 | $98.81 Million | -13.75% |
| 2003-12-31 | $114.56 Million | +171.38% |
| 2002-12-31 | $42.21 Million | +12.78% |
| 2001-12-31 | $37.43 Million | +15.87% |
| 2000-12-31 | $32.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rainier Pacific Financial 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 3004800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.89 Million | % |
| Total Equity | $-10.42 Million | 100.00% |
Rainier Pacific Financial Group Inc Competitors by Market Cap
The table below lists competitors of Rainier Pacific Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bell Rose Capital Inc
PINK:BELR
|
$15.50 |
|
Omico Corp
PSE:OM
|
$15.57 |
|
Xmet Inc
PINK:XMTTF
|
$15.63 |
|
Full Motion Beverage Inc
PINK:FMBV
|
$15.87 |
|
TOURIST COMPANY OF NIGERIA PLC
XNSA:TOURIST
|
$14.98 |
|
Blast Applications
PINK:IFBC
|
$14.94 |
|
China Zhong Qi Holdings Ltd
PINK:CHZQ
|
$14.77 |
|
OMATEK VENTURES PLC
XNSA:OMATEK
|
$14.72 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rainier Pacific Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 29,294,000 to -10,421,000, a change of -39,715,000 (-135.6%).
- Net loss of 69,866,000 reduced equity.
- Other comprehensive income increased equity by 50,430,000.
- Other factors decreased equity by 20,279,000.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-69.87 Million | -670.43% |
| Other Comprehensive Income | $50.43 Million | +483.93% |
| Other Changes | $-20.28 Million | -194.6% |
| Total Change | $- | -135.57% |
Book Value vs Market Value Analysis
This analysis compares Rainier Pacific Financial 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 |
|---|---|---|---|
| 2000-12-31 | $4.07 | $0.00 | x |
| 2001-12-31 | $4.72 | $0.00 | x |
| 2002-12-31 | $5.32 | $0.00 | x |
| 2003-12-31 | $14.74 | $0.00 | x |
| 2004-12-31 | $13.08 | $0.00 | x |
| 2005-12-31 | $13.66 | $0.00 | x |
| 2006-12-31 | $14.73 | $0.00 | x |
| 2007-12-31 | $14.44 | $0.00 | x |
| 2008-12-31 | $4.89 | $0.00 | x |
| 2009-12-31 | $-1.74 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rainier Pacific Financial 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -127.30%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-0.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.11% | 14.30% | 0.06x | 11.86x | $35.60K |
| 2001 | 9.93% | 13.38% | 0.06x | 12.41x | $-28.00K |
| 2002 | 10.17% | 10.11% | 0.09x | 11.83x | $72.80K |
| 2003 | -2.22% | -5.63% | 0.07x | 5.98x | $-14.00 Million |
| 2004 | 3.67% | 7.55% | 0.06x | 7.61x | $-6.25 Million |
| 2005 | 3.01% | 5.05% | 0.06x | 10.28x | $-5.92 Million |
| 2006 | 3.17% | 4.41% | 0.07x | 10.28x | $-6.00 Million |
| 2007 | 4.44% | 5.72% | 0.08x | 10.12x | $-4.83 Million |
| 2008 | -49.89% | -23.53% | 0.07x | 28.92x | $-17.54 Million |
| 2009 | 0.00% | -127.30% | 0.08x | 0.00x | $-68.82 Million |
Industry Comparison
This section compares Rainier Pacific Financial Group Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rainier Pacific Financial Group Inc (RPFG) | $-10.42 Million | 10.11% | N/A | $15.16 |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |