Sonic Foundry Inc
Sonic Foundry, Inc. provides video capture, management, and streaming solutions in the United States, Europe, the Middle East, Asia, and internationally. The company offers Video Capture solutions, including Mediasite Recorder and Recorder Pro that are built-in room appliances used in schedule-based capture and advanced audio/video integration; Mediasite Mobile Recorders, a portable recording dev… Read more
Sonic Foundry Inc (SOFO) - Net Assets
Latest net assets as of December 2023: $-13.74 Million USD
Based on the latest financial reports, Sonic Foundry Inc (SOFO) has net assets worth $-13.74 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.26 Million) and total liabilities ($26.00 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 | $-13.74 Million |
| % of Total Assets | -112.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -221.42% |
| Growth Volatility | 475.85 |
Sonic Foundry Inc - Net Assets Trend (1997–2023)
This chart illustrates how Sonic Foundry 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 Sonic Foundry Inc (1997–2023)
The table below shows the annual net assets of Sonic Foundry Inc from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-13.74 Million | -483.99% |
| 2022-09-30 | $3.58 Million | -41.73% |
| 2021-09-30 | $6.14 Million | +685.88% |
| 2020-09-30 | $-1.05 Million | +83.24% |
| 2019-09-30 | $-6.25 Million | +3.17% |
| 2018-09-30 | $-6.46 Million | -307.12% |
| 2017-09-30 | $3.12 Million | -52.15% |
| 2016-09-30 | $6.52 Million | -16.49% |
| 2015-09-30 | $7.80 Million | -31.04% |
| 2014-09-30 | $11.31 Million | +5.71% |
| 2013-09-30 | $10.70 Million | +1.57% |
| 2012-09-30 | $10.54 Million | +13.80% |
| 2011-09-30 | $9.26 Million | +29.76% |
| 2010-09-30 | $7.14 Million | +8.12% |
| 2009-09-30 | $6.60 Million | -30.97% |
| 2008-09-30 | $9.56 Million | -42.94% |
| 2007-09-30 | $16.76 Million | +44.47% |
| 2006-09-30 | $11.60 Million | -11.58% |
| 2005-09-30 | $13.12 Million | -20.80% |
| 2004-09-30 | $16.57 Million | -18.12% |
| 2003-09-30 | $20.23 Million | +12.49% |
| 2002-09-30 | $17.98 Million | -70.63% |
| 2001-09-30 | $61.23 Million | -44.52% |
| 2000-09-30 | $110.37 Million | +1168.57% |
| 1999-09-30 | $8.70 Million | -38.30% |
| 1998-09-30 | $14.10 Million | +1914.29% |
| 1997-09-30 | $700.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sonic Foundry 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 23207300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $122.00K | % |
| Other Comprehensive Income | $-871.00K | % |
| Other Components | $219.88 Million | % |
| Total Equity | $-13.74 Million | 100.00% |
Sonic Foundry Inc Competitors by Market Cap
The table below lists competitors of Sonic Foundry Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock Greater Europe Investment Trust plc
LSE:BRGE
|
$632.70 |
|
N4 Pharma PLC
LSE:N4P
|
$632.90 |
|
City Of London Investment Trust
LSE:CTY
|
$633.30 |
|
Critical Reagent Processing Corp.
PINK:GRXXD
|
$633.73 |
|
Shang Properties Inc
PSE:SHNG
|
$631.29 |
|
COME SURE GROUP
BE:0CS
|
$630.47 |
|
Certificates Of Odin Egyptian Equity Investment Fund-KASAB
EGX:KASABF
|
$630.10 |
|
First Credit And Investment Bank Ltd
KAR:FCIBL
|
$628.89 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonic Foundry Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,578,000 to -13,739,000, a change of -17,317,000 (-484.0%).
- Net loss of 19,348,000 reduced equity.
- New share issuances of 1,215,000 increased equity.
- Other comprehensive income increased equity by 111,000.
- Other factors increased equity by 705,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.35 Million | -140.83% |
| Share Issuances | $1.22 Million | +8.84% |
| Other Comprehensive Income | $111.00K | +0.81% |
| Other Changes | $705.00K | +5.13% |
| Total Change | $- | -483.99% |
Book Value vs Market Value Analysis
This analysis compares Sonic Foundry 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 |
|---|---|---|---|
| 1997-09-30 | $0.23 | $0.00 | x |
| 1998-09-30 | $319.60 | $0.00 | x |
| 1999-09-30 | $32.63 | $0.00 | x |
| 2000-09-30 | $59.65 | $0.00 | x |
| 2001-09-30 | $27.67 | $0.00 | x |
| 2002-09-30 | $6.72 | $0.00 | x |
| 2003-09-30 | $7.13 | $0.00 | x |
| 2004-09-30 | $5.62 | $0.00 | x |
| 2005-09-30 | $4.41 | $0.00 | x |
| 2006-09-30 | $3.62 | $0.00 | x |
| 2007-09-30 | $4.83 | $0.00 | x |
| 2008-09-30 | $2.69 | $0.00 | x |
| 2009-09-30 | $1.83 | $0.00 | x |
| 2010-09-30 | $1.97 | $0.00 | x |
| 2011-09-30 | $2.47 | $0.00 | x |
| 2012-09-30 | $2.70 | $0.00 | x |
| 2013-09-30 | $2.72 | $0.00 | x |
| 2014-09-30 | $2.71 | $0.00 | x |
| 2015-09-30 | $1.80 | $0.00 | x |
| 2016-09-30 | $1.48 | $0.00 | x |
| 2017-09-30 | $0.70 | $0.00 | x |
| 2018-09-30 | $-1.39 | $0.00 | x |
| 2019-09-30 | $-1.07 | $0.00 | x |
| 2020-09-30 | $-0.15 | $0.00 | x |
| 2021-09-30 | $0.71 | $0.00 | x |
| 2022-09-30 | $0.36 | $0.00 | x |
| 2023-09-30 | $-1.15 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonic Foundry 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: -87.51%
- • Asset Turnover: 1.80x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-48.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -114.29% | -36.36% | 0.96x | 3.29x | $-870.00K |
| 1998 | -4.26% | -8.00% | 0.47x | 1.13x | $-2.01 Million |
| 1999 | -68.97% | -40.54% | 0.89x | 1.92x | $-6.87 Million |
| 2000 | -31.64% | -127.55% | 0.22x | 1.15x | $-45.96 Million |
| 2001 | -81.43% | -189.70% | 0.37x | 1.17x | $-55.98 Million |
| 2002 | -315.49% | -216.92% | 0.95x | 1.54x | $-58.54 Million |
| 2003 | 7.18% | 114.95% | 0.06x | 1.13x | $-570.10K |
| 2004 | -32.45% | -121.82% | 0.24x | 1.12x | $-7.03 Million |
| 2005 | -31.77% | -49.98% | 0.51x | 1.24x | $-5.48 Million |
| 2006 | -30.02% | -27.72% | 0.74x | 1.46x | $-4.64 Million |
| 2007 | -38.01% | -38.06% | 0.70x | 1.43x | $-8.05 Million |
| 2008 | -82.33% | -50.46% | 0.89x | 1.83x | $-8.83 Million |
| 2009 | -40.07% | -14.24% | 1.15x | 2.45x | $-3.31 Million |
| 2010 | -1.71% | -0.60% | 1.12x | 2.56x | $-835.70K |
| 2011 | -2.62% | -0.96% | 1.15x | 2.36x | $-1.17 Million |
| 2012 | 1.49% | 0.60% | 1.14x | 2.17x | $-896.90K |
| 2013 | -7.40% | -2.85% | 1.14x | 2.27x | $-1.86 Million |
| 2014 | -24.89% | -7.86% | 1.03x | 3.06x | $-3.95 Million |
| 2015 | -57.99% | -12.41% | 1.05x | 4.46x | $-5.31 Million |
| 2016 | -50.91% | -8.73% | 1.15x | 5.09x | $-3.97 Million |
| 2017 | -161.61% | -14.00% | 1.27x | 9.09x | $-5.35 Million |
| 2018 | 0.00% | -35.22% | 2.54x | 0.00x | $-11.52 Million |
| 2019 | 0.00% | -10.38% | 2.29x | 0.00x | $-2.99 Million |
| 2020 | 0.00% | -0.52% | 1.54x | 0.00x | $-74.20K |
| 2021 | 50.11% | 8.75% | 1.46x | 3.91x | $2.46 Million |
| 2022 | -197.96% | -25.79% | 1.38x | 5.56x | $-7.44 Million |
| 2023 | 0.00% | -87.51% | 1.80x | 0.00x | $-17.97 Million |
Industry Comparison
This section compares Sonic Foundry Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonic Foundry Inc (SOFO) | $-13.74 Million | -114.29% | N/A | $631.34 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |