Box Ships Inc
Box Ships Inc. provides commercial management services to shipping companies worldwide. The company was founded in 2010 and is based in Voula, Greece.
Box Ships Inc (TEUFF) - Net Assets
Latest net assets as of December 2016: $244.00K USD
Based on the latest financial reports, Box Ships Inc (TEUFF) has net assets worth $244.00K USD as of December 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.88 Million) and total liabilities ($2.63 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 | $244.00K |
| % of Total Assets | 8.48% |
| Annual Growth Rate | -67.96% |
| 5-Year Change | -99.89% |
| 10-Year Change | N/A |
| Growth Volatility | 40.01 |
Box Ships Inc - Net Assets Trend (2010–2016)
This chart illustrates how Box Ships 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 Box Ships Inc (2010–2016)
The table below shows the annual net assets of Box Ships Inc from 2010 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-12-31 | $244.34K | -99.89% |
| 2015-12-31 | $228.19 Million | -11.10% |
| 2014-12-31 | $256.68 Million | +4.89% |
| 2013-12-31 | $244.72 Million | +10.84% |
| 2012-12-31 | $220.78 Million | +21.07% |
| 2011-12-31 | $182.36 Million | -19.36% |
| 2010-12-31 | $226.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Box Ships 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 24838680500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2016)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.12K | 11.92% |
| Other Components | $248.61 Million | 101743.78% |
| Total Equity | $244.34K | 100.00% |
Box Ships Inc Competitors by Market Cap
The table below lists competitors of Box Ships Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sysorex Inc
PINK:SYSX
|
$248.00 |
|
Elsaeed Contracting& Real Estate Investment Company SCCD
EGX:UEGC
|
$248.43 |
|
Merit Packaging Ltd
KAR:MERIT
|
$248.80 |
|
Argo Group Limited
LSE:ARGO
|
$248.87 |
|
BENTOEL INTL INVEST
MU:LFV
|
$247.66 |
|
RC365 Holding PLC
LSE:RCGH
|
$247.06 |
|
Ener-Core Inc
PINK:ENCR
|
$245.61 |
|
SCMP GRP
MU:MPY
|
$245.26 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Box Ships Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from 228,190,141 to 244,345, a change of -227,945,796 (-99.9%).
- Net loss of 226,628,862 reduced equity.
- Dividend payments of 515,437 reduced retained earnings.
- Other comprehensive income decreased equity by 37,710.
- Other factors decreased equity by 763,787.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-226.63 Million | -92749.54% |
| Dividends Paid | $515.44K | -210.95% |
| Other Comprehensive Income | $-37.71K | -15.43% |
| Other Changes | $-763.79K | -312.59% |
| Total Change | $- | -99.89% |
Book Value vs Market Value Analysis
This analysis compares Box Ships 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 |
|---|---|---|---|
| 2010-12-31 | $748.16 | $0.00 | x |
| 2011-12-31 | $590.80 | $0.00 | x |
| 2012-12-31 | $541.22 | $0.00 | x |
| 2013-12-31 | $457.92 | $0.00 | x |
| 2014-12-31 | $448.16 | $0.00 | x |
| 2015-12-31 | $373.02 | $0.00 | x |
| 2016-12-31 | $0.17 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Box Ships 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): -92749.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1295.19%
- • Asset Turnover: 6.08x
- • Equity Multiplier: 11.77x
- Recent ROE (-92749.54%) is below the historical average (-13248.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.57% | 23.72% | 0.01x | 1.63x | $-21.33 Million |
| 2011 | 7.10% | 33.85% | 0.10x | 2.20x | $-5.28 Million |
| 2012 | 5.97% | 20.00% | 0.15x | 2.02x | $-8.90 Million |
| 2013 | 4.56% | 15.98% | 0.16x | 1.76x | $-13.31 Million |
| 2014 | 1.02% | 5.26% | 0.13x | 1.55x | $-23.04 Million |
| 2015 | -12.48% | -64.65% | 0.12x | 1.56x | $-51.29 Million |
| 2016 | -92749.54% | -1295.19% | 6.08x | 11.77x | $-226.65 Million |
Industry Comparison
This section compares Box Ships Inc's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Box Ships Inc (TEUFF) | $244.00K | 0.57% | 10.79x | $247.68 |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |