School Specialty Inc
School Specialty, LLC, together with its subsidiaries, provides supplies, furniture, technology products, and curriculum solutions to the education marketplace in the United States and Canada. The company's Distribution segment offers office products, classroom supplies, janitorial and sanitation supplies, school equipment, school and student safety and security products and services, physical ed… Read more
School Specialty Inc (SCOO) - Net Assets
Latest net assets as of December 2019: $18.78 Million USD
Based on the latest financial reports, School Specialty Inc (SCOO) has net assets worth $18.78 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 ($234.74 Million) and total liabilities ($215.96 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 | $18.78 Million |
| % of Total Assets | 8.0% |
| Annual Growth Rate | -11.68% |
| 5-Year Change | -76.98% |
| 10-Year Change | -90.68% |
| Growth Volatility | 56.79 |
School Specialty Inc - Net Assets Trend (1999–2019)
This chart illustrates how School Specialty 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 School Specialty Inc (1999–2019)
The table below shows the annual net assets of School Specialty Inc from 1999 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $18.78 Million | -72.12% |
| 2018-12-31 | $67.36 Million | -37.33% |
| 2017-12-31 | $107.49 Million | +9.55% |
| 2016-12-31 | $98.12 Million | +20.24% |
| 2015-12-31 | $81.61 Million | +22.94% |
| 2014-12-31 | $66.38 Million | -35.59% |
| 2013-12-31 | $103.06 Million | +230.14% |
| 2012-12-31 | $-79.19 Million | -216.55% |
| 2011-12-31 | $67.95 Million | -66.30% |
| 2010-12-31 | $201.63 Million | -63.42% |
| 2009-12-31 | $551.19 Million | +10.93% |
| 2008-12-31 | $496.88 Million | +3.80% |
| 2007-12-31 | $478.69 Million | -6.61% |
| 2006-12-31 | $512.54 Million | -7.44% |
| 2005-12-31 | $553.73 Million | +1.69% |
| 2004-12-31 | $544.54 Million | +43.69% |
| 2003-12-31 | $378.98 Million | +17.89% |
| 2002-12-31 | $321.45 Million | +18.54% |
| 2001-12-31 | $271.17 Million | +13.24% |
| 2000-12-31 | $239.46 Million | +6.43% |
| 1999-12-31 | $224.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to School Specialty 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 463.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.00K | 0.04% |
| Other Comprehensive Income | $-1.80 Million | -9.57% |
| Other Components | $125.76 Million | 669.50% |
| Total Equity | $18.78 Million | 100.00% |
School Specialty Inc Competitors by Market Cap
The table below lists competitors of School Specialty Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Black Spruce Exploration Inc.
V:BARK
|
$410.75 |
|
Global Opportunities Trust Ord
LSE:GOT
|
$411.02 |
|
PGI Incorporated
PINK:PGAI
|
$411.16 |
|
Novus Acquisition and Development Corp
PINK:NDEV
|
$412.22 |
|
Moonlit S.A.
F:28O
|
$410.30 |
|
Geopulse Exploration Inc
PINK:GPLS
|
$410.28 |
|
Ace Digital AS
OL:ACED
|
$409.99 |
|
Artemis Alpha Trust
LSE:ATS
|
$409.46 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in School Specialty Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 67,363,000 to 18,784,000, a change of -48,579,000 (-72.1%).
- Net loss of 49,548,000 reduced equity.
- Share repurchases of 34,000 reduced equity.
- Other comprehensive income decreased equity by 1,797,000.
- Other factors increased equity by 2,800,000.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-49.55 Million | -263.78% |
| Share Repurchases | $34.00K | -0.18% |
| Other Comprehensive Income | $-1.80 Million | -9.57% |
| Other Changes | $2.80 Million | +14.91% |
| Total Change | $- | -72.12% |
Book Value vs Market Value Analysis
This analysis compares School Specialty 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $15.36 | $0.00 | x |
| 2018-12-31 | $9.62 | $0.00 | x |
| 2019-12-31 | $2.68 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently School Specialty 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): -263.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.91%
- • Asset Turnover: 2.67x
- • Equity Multiplier: 12.50x
- Recent ROE (-263.78%) is below the historical average (-10.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 8.23% | 2.90% | 1.41x | 2.02x | $-3.98 Million |
| 2000 | 5.07% | 1.75% | 1.37x | 2.11x | $-11.81 Million |
| 2001 | 8.03% | 2.84% | 1.14x | 2.48x | $-5.34 Million |
| 2002 | 12.32% | 4.55% | 1.18x | 2.29x | $7.44 Million |
| 2003 | 10.77% | 4.50% | 1.09x | 2.20x | $2.90 Million |
| 2004 | 7.90% | 4.29% | 1.13x | 1.62x | $-11.45 Million |
| 2005 | 0.01% | 0.01% | 0.90x | 2.04x | $-55.31 Million |
| 2006 | 3.52% | 1.73% | 0.94x | 2.17x | $-33.21 Million |
| 2007 | 8.59% | 3.78% | 0.97x | 2.33x | $-6.75 Million |
| 2008 | 6.95% | 3.30% | 0.97x | 2.16x | $-15.15 Million |
| 2009 | 4.69% | 2.88% | 0.84x | 1.94x | $-29.27 Million |
| 2013 | 56.85% | 9.29% | 1.86x | 3.30x | $48.28 Million |
| 2014 | -50.52% | -5.39% | 1.99x | 4.71x | $-40.17 Million |
| 2015 | 28.12% | 3.03% | 2.76x | 3.36x | $14.79 Million |
| 2016 | 15.05% | 2.25% | 2.28x | 2.93x | $4.95 Million |
| 2017 | 6.31% | 1.03% | 2.11x | 2.91x | $-3.97 Million |
| 2018 | -57.51% | -5.75% | 2.49x | 4.02x | $-45.48 Million |
| 2019 | -263.78% | -7.91% | 2.67x | 12.50x | $-51.43 Million |
Industry Comparison
This section compares School Specialty Inc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| School Specialty Inc (SCOO) | $18.78 Million | 8.23% | 11.50x | $410.58 |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |