Roadrunner Transportation Systems Inc
Roadrunner Transportation Systems, Inc. provides asset-right transportation and asset-light logistics services. It operates through four segments: Ascent Transportation Management (Ascent TM), Ascent On-Demand (Ascent OD), Less-than-Truckload (LTL), and Truckload (TL). The company offers domestic freight management solutions, including asset-backed truckload brokerage, specialized/heavy haul, LTL… Read more
Roadrunner Transportation Systems Inc (RRTS) - Net Assets
Latest net assets as of December 2019: $55.83 Million USD
Based on the latest financial reports, Roadrunner Transportation Systems Inc (RRTS) has net assets worth $55.83 Million USD as of December 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($670.40 Million) and total liabilities ($614.57 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 | $55.83 Million |
| % of Total Assets | 8.33% |
| Annual Growth Rate | -11.68% |
| 5-Year Change | -37.13% |
| 10-Year Change | -97.48% |
| Growth Volatility | 66.73 |
Roadrunner Transportation Systems Inc - Net Assets Trend (2008–2024)
This chart illustrates how Roadrunner Transportation Systems 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 Roadrunner Transportation Systems Inc (2008–2024)
The table below shows the annual net assets of Roadrunner Transportation Systems Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $15.45 Million | +140.42% |
| 2023-12-31 | $-38.22 Million | -334.80% |
| 2022-12-31 | $-8.79 Million | -127.84% |
| 2021-12-31 | $31.57 Million | +28.48% |
| 2020-12-31 | $24.57 Million | -55.99% |
| 2019-12-31 | $55.83 Million | +207.05% |
| 2018-12-31 | $-52.16 Million | -126.41% |
| 2017-12-31 | $197.47 Million | 0.00% |
| 2016-12-31 | $197.47 Million | -67.80% |
| 2015-12-31 | $613.31 Million | +9.76% |
| 2014-12-31 | $558.77 Million | +11.67% |
| 2013-12-31 | $500.37 Million | +27.62% |
| 2012-12-31 | $392.08 Million | +32.48% |
| 2011-12-31 | $295.95 Million | +11.39% |
| 2010-12-31 | $265.69 Million | +126.70% |
| 2009-12-31 | $117.20 Million | +3.97% |
| 2008-12-31 | $112.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Roadrunner Transportation Systems 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 132600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $383.00K | 2.48% |
| Other Components | $17.16 Million | 111.05% |
| Total Equity | $15.45 Million | 100.00% |
Roadrunner Transportation Systems Inc Competitors by Market Cap
The table below lists competitors of Roadrunner Transportation Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hannong Chem
KO:011500
|
$114.90 Million |
|
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS
IS:INDES
|
$114.91 Million |
|
Green World Fintech Service Co. Ltd.
TWO:6763
|
$114.92 Million |
|
SolGold Plc
PINK:SLGGF
|
$114.97 Million |
|
Pulmuone Holdi
KO:017810
|
$114.87 Million |
|
First Northern Community Bancorp
OTCQX:FNRN
|
$114.87 Million |
|
Giantplus Technology Co Ltd
TW:8105
|
$114.87 Million |
|
Green Landscaping Group AB (publ)
ST:GREEN
|
$114.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Roadrunner Transportation Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -38,219,000 to 15,448,000, a change of 53,667,000.
- Net loss of 23,378,000 reduced equity.
- Other comprehensive income increased equity by 383,000.
- Other factors increased equity by 76,662,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-23.38 Million | -151.33% |
| Other Comprehensive Income | $383.00K | +2.48% |
| Other Changes | $76.66 Million | +496.26% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Roadrunner Transportation Systems 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: 8.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.02x to 8.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $148.14 | $3.45 | x |
| 2009-12-31 | $165.95 | $3.45 | x |
| 2010-12-31 | $248.06 | $3.45 | x |
| 2011-12-31 | $234.55 | $3.45 | x |
| 2012-12-31 | $302.30 | $3.45 | x |
| 2013-12-31 | $329.94 | $3.45 | x |
| 2014-12-31 | $355.83 | $3.45 | x |
| 2015-12-31 | $393.41 | $3.45 | x |
| 2016-12-31 | $5.15 | $3.45 | x |
| 2017-12-31 | $128.84 | $3.45 | x |
| 2018-12-31 | $-33.82 | $3.45 | x |
| 2019-12-31 | $1.47 | $3.45 | x |
| 2020-12-31 | $0.64 | $3.45 | x |
| 2021-12-31 | $0.82 | $3.45 | x |
| 2022-12-31 | $-0.23 | $3.45 | x |
| 2023-12-31 | $-1.00 | $3.45 | x |
| 2024-12-31 | $0.40 | $3.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Roadrunner Transportation Systems 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): -151.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.61%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 14.30x
- Recent ROE (-151.33%) is below the historical average (-100.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -3.40% | -0.71% | 2.10x | 2.27x | $-15.11 Million |
| 2009 | 0.14% | 0.04% | 1.55x | 2.48x | $-11.55 Million |
| 2010 | 1.35% | 0.57% | 1.81x | 1.31x | $-22.98 Million |
| 2011 | 8.74% | 3.07% | 1.55x | 1.84x | $-3.72 Million |
| 2012 | 9.57% | 3.50% | 1.53x | 1.79x | $-1.68 Million |
| 2013 | 9.79% | 3.60% | 1.58x | 1.73x | $-1.04 Million |
| 2014 | 9.30% | 2.78% | 1.49x | 2.25x | $-3.90 Million |
| 2015 | 7.83% | 2.41% | 1.50x | 2.16x | $-13.33 Million |
| 2016 | -182.47% | -17.72% | 2.18x | 4.73x | $-380.07 Million |
| 2017 | -46.18% | -4.36% | 2.24x | 4.73x | $-110.93 Million |
| 2018 | 0.00% | -7.47% | 2.60x | 0.00x | $-160.38 Million |
| 2019 | -610.65% | -18.45% | 2.76x | 12.01x | $-346.52 Million |
| 2020 | -578.91% | -32.11% | 2.01x | 8.98x | $-144.70 Million |
| 2021 | -177.57% | -13.39% | 1.48x | 8.96x | $-59.21 Million |
| 2022 | 0.00% | -12.00% | 2.49x | 0.00x | $-46.84 Million |
| 2023 | 0.00% | -7.33% | 2.37x | 0.00x | $-26.13 Million |
| 2024 | -151.33% | -5.61% | 1.89x | 14.30x | $-24.92 Million |
Industry Comparison
This section compares Roadrunner Transportation Systems Inc's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $275,826,894
- Average return on equity (ROE) among peers: -61.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Roadrunner Transportation Systems Inc (RRTS) | $55.83 Million | -3.40% | 11.01x | $114.88 Million |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.88 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $367.33 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.63 Million |
| EVO Transportation & Energy Services Inc (EVOA) | $-153.04K | 0.00% | 0.00x | $37.78 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.27 Billion |
| Link Reservations Inc (LRSV) | $-162.49K | 0.00% | 0.00x | $9.26 |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |