Rapala VMC Corporation
Rapala VMC Corporation, together with its subsidiaries, operates as a fishing tackle company worldwide. The company offers fishing tackle products, such as lures and baits, fishing hooks, and fishing lines and accessories. It also manufactures products for fishing tackle equipment, winter sports, and other non-fishing businesses; and third-party products for outdoor. The company offers its produc… Read more
Rapala VMC Corporation (RPNMF) - Net Assets
Latest net assets as of June 2025: $149.50 Million USD
Based on the latest financial reports, Rapala VMC Corporation (RPNMF) has net assets worth $149.50 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($286.10 Million) and total liabilities ($136.60 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 | $149.50 Million |
| % of Total Assets | 52.25% |
| Annual Growth Rate | 5.52% |
| 5-Year Change | 8.6% |
| 10-Year Change | 10.93% |
| Growth Volatility | 9.18 |
Rapala VMC Corporation - Net Assets Trend (2002–2024)
This chart illustrates how Rapala VMC Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rapala VMC Corporation (2002–2024)
The table below shows the annual net assets of Rapala VMC Corporation from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $155.30 Million | -0.58% |
| 2023-12-31 | $156.20 Million | +12.37% |
| 2022-12-31 | $139.00 Million | -0.22% |
| 2021-12-31 | $139.30 Million | -2.59% |
| 2020-12-31 | $143.00 Million | -5.61% |
| 2019-12-31 | $151.50 Million | +2.99% |
| 2018-12-31 | $147.10 Million | +3.16% |
| 2017-12-31 | $142.60 Million | +4.78% |
| 2016-12-31 | $136.10 Million | -2.79% |
| 2015-12-31 | $140.00 Million | +2.49% |
| 2014-12-31 | $136.60 Million | +1.11% |
| 2013-12-31 | $135.10 Million | -2.10% |
| 2012-12-31 | $138.00 Million | +1.62% |
| 2011-12-31 | $135.80 Million | +5.11% |
| 2010-12-31 | $129.20 Million | +15.67% |
| 2009-12-31 | $111.70 Million | +7.71% |
| 2008-12-31 | $103.70 Million | +7.02% |
| 2007-12-31 | $96.90 Million | +19.19% |
| 2006-12-31 | $81.30 Million | +5.17% |
| 2005-12-31 | $77.30 Million | +37.09% |
| 2004-12-31 | $56.39 Million | +3.87% |
| 2003-12-31 | $54.29 Million | +13.93% |
| 2002-12-31 | $47.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rapala VMC Corporation'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 grown by 246.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $113.00 Million | 72.76% |
| Common Stock | $3.60 Million | 2.32% |
| Other Components | $38.70 Million | 24.92% |
| Total Equity | $155.30 Million | 100.00% |
Rapala VMC Corporation Competitors by Market Cap
The table below lists competitors of Rapala VMC Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cheffelo AB (publ)
F:4HY
|
$56.40 Million |
|
Tatung System Technologies
TWO:8099
|
$56.40 Million |
|
Sungdo Engineering & Construction Co. Ltd
KQ:037350
|
$56.40 Million |
|
Austco Healthcare Ltd
AU:AHC
|
$56.41 Million |
|
Korea Flange
KO:010100
|
$56.36 Million |
|
Reworld Media
PA:ALREW
|
$56.36 Million |
|
Dawonsys Co.Ltd
KQ:068240
|
$56.36 Million |
|
Gem Terminal Industry Co Ltd
TW:2460
|
$56.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rapala VMC Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 156,200,000 to 155,300,000, a change of -900,000 (-0.6%).
- Net income of 400,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 11,000,000.
- Other factors decreased equity by 12,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $400.00K | +0.26% |
| Other Comprehensive Income | $11.00 Million | +7.08% |
| Other Changes | $-12.30 Million | -7.92% |
| Total Change | $- | -0.58% |
Book Value vs Market Value Analysis
This analysis compares Rapala VMC Corporation'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: 0.72x
- 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 decreased from 2.28x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $1.26 | $2.86 | x |
| 2003-12-31 | $1.43 | $2.86 | x |
| 2004-12-31 | $1.49 | $2.86 | x |
| 2005-12-31 | $2.03 | $2.86 | x |
| 2006-12-31 | $2.09 | $2.86 | x |
| 2007-12-31 | $2.48 | $2.86 | x |
| 2008-12-31 | $2.54 | $2.86 | x |
| 2009-12-31 | $2.74 | $2.86 | x |
| 2010-12-31 | $3.12 | $2.86 | x |
| 2011-12-31 | $3.30 | $2.86 | x |
| 2012-12-31 | $3.31 | $2.86 | x |
| 2013-12-31 | $3.18 | $2.86 | x |
| 2014-12-31 | $3.35 | $2.86 | x |
| 2015-12-31 | $3.43 | $2.86 | x |
| 2016-12-31 | $3.33 | $2.86 | x |
| 2017-12-31 | $3.54 | $2.86 | x |
| 2018-12-31 | $3.71 | $2.86 | x |
| 2019-12-31 | $3.83 | $2.86 | x |
| 2020-12-31 | $3.57 | $2.86 | x |
| 2021-12-31 | $3.57 | $2.86 | x |
| 2022-12-31 | $3.56 | $2.86 | x |
| 2023-12-31 | $4.02 | $2.86 | x |
| 2024-12-31 | $3.99 | $2.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rapala VMC Corporation 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): 0.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.18%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.89x
- Recent ROE (0.26%) is below the historical average (9.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 31.48% | 8.63% | 0.86x | 4.23x | $10.12 Million |
| 2003 | 21.13% | 5.18% | 1.28x | 3.19x | $5.99 Million |
| 2004 | 15.62% | 4.99% | 0.96x | 3.25x | $3.13 Million |
| 2005 | 19.12% | 7.50% | 0.86x | 2.98x | $7.01 Million |
| 2006 | 13.38% | 4.77% | 0.93x | 3.02x | $2.73 Million |
| 2007 | 18.02% | 7.13% | 0.96x | 2.64x | $7.70 Million |
| 2008 | 17.72% | 7.28% | 0.89x | 2.74x | $7.71 Million |
| 2009 | 11.26% | 5.16% | 0.90x | 2.43x | $1.35 Million |
| 2010 | 14.78% | 6.68% | 0.89x | 2.50x | $5.82 Million |
| 2011 | 10.89% | 5.01% | 0.89x | 2.45x | $1.14 Million |
| 2012 | 7.85% | 3.47% | 0.89x | 2.54x | $-2.76 Million |
| 2013 | 10.15% | 4.36% | 0.94x | 2.47x | $190.00K |
| 2014 | 7.17% | 3.37% | 0.88x | 2.42x | $-3.64 Million |
| 2015 | 5.10% | 2.41% | 0.89x | 2.38x | $-6.45 Million |
| 2016 | -2.35% | -1.15% | 0.82x | 2.48x | $-15.75 Million |
| 2017 | 1.77% | 0.95% | 0.95x | 1.96x | $-11.17 Million |
| 2018 | 4.30% | 2.32% | 0.95x | 1.95x | $-8.10 Million |
| 2019 | 3.00% | 1.60% | 0.95x | 1.97x | $-10.29 Million |
| 2020 | 1.81% | 0.96% | 0.96x | 1.98x | $-11.28 Million |
| 2021 | 13.07% | 6.18% | 0.93x | 2.26x | $4.27 Million |
| 2022 | 2.66% | 1.35% | 0.81x | 2.43x | $-10.20 Million |
| 2023 | -4.67% | -3.29% | 0.74x | 1.92x | $-22.92 Million |
| 2024 | 0.26% | 0.18% | 0.75x | 1.89x | $-15.13 Million |
Industry Comparison
This section compares Rapala VMC Corporation's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rapala VMC Corporation (RPNMF) | $149.50 Million | 31.48% | 0.91x | $56.37 Million |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |