TFN Football Network
The Football Network specializes in coverage of football. It produces a radio show, TFN's Football Focus, which is carried on radio stations nationwide. The company is developing a 24-hour cable television channel devoted exclusively to football, providing coverage of the sport, its players, behind the scenes reports, and shows devoted to football-related topics. The company is based in Marina De… Read more
TFN Football Network (TFBN) - Net Assets
Latest net assets as of March 2001: $-14.34K USD
Based on the latest financial reports, TFN Football Network (TFBN) has net assets worth $-14.34K USD as of March 2001.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($223.49K) and total liabilities ($237.83K). 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 | $-14.34K |
| % of Total Assets | -6.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 132.83 |
TFN Football Network - Net Assets Trend (1999–2020)
This chart illustrates how TFN Football Network's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TFN Football Network (1999–2020)
The table below shows the annual net assets of TFN Football Network from 1999 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $-6.00K | -103.03% |
| 2000-12-31 | $198.34K | +162.64% |
| 1999-12-31 | $75.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TFN Football Network'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 86275300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00 | % |
| Other Comprehensive Income | $1.00 | % |
| Total Equity | $-6.00K | 100.00% |
TFN Football Network Competitors by Market Cap
The table below lists competitors of TFN Football Network ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
C=Holdings B.V
OTCGREY:CBUIF
|
$0.92 |
|
Commerce Group Corp
PINK:CGCO
|
$0.92 |
|
Poniard Pharmaceuticals Inc
PINK:PARD
|
$0.92 |
|
Circuit Research Labs Inc
PINK:CRLI
|
$0.92 |
|
EnerNorth Industries Inc
OTCGREY:ENYNF
|
$0.92 |
|
Phosphate Holdings Inc
PINK:PHOS
|
$0.92 |
|
Ubiquitech Software
PINK:UBQU
|
$0.92 |
|
Radium Resources Corp
PINK:RADR
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TFN Football Network's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2000 to 2020, total equity changed from 198,339 to -6,003, a change of -204,342 (-103.0%).
- Net loss of 1,490 reduced equity.
- Other comprehensive income increased equity by 1.
- Other factors decreased equity by 202,853.
Equity Change Factors (2000 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.49K | -24.82% |
| Other Comprehensive Income | $1.00 | +0.02% |
| Other Changes | $-202.85K | -3379.19% |
| Total Change | $- | -103.03% |
Book Value vs Market Value Analysis
This analysis compares TFN Football Network'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 |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TFN Football Network 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: -14.40%
- • Asset Turnover: 90.79x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-512.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -839.63% | -78863.81% | 0.00x | 2.28x | $-641.62K |
| 2000 | -699.06% | -7047.41% | 0.06x | 1.54x | $-1.41 Million |
| 2020 | 0.00% | -14.40% | 90.79x | 0.00x | $-889.70 |
Industry Comparison
This section compares TFN Football Network's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $461,004,694
- Average return on equity (ROE) among peers: -112.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TFN Football Network (TFBN) | $-14.34K | -839.63% | N/A | $0.92 |
| Aferian Plc (AOECF) | $78.88 Million | -22.09% | 0.59x | $3.61 Million |
| TV Azteca S.A.B. de C.V (AZTEF) | $3.48 Billion | -18.61% | 7.05x | $89.58K |
| Beasley Broadcast Group Inc (BBGI) | $47.53 Million | -64.28% | 4.57x | $2.28 Million |
| Cumulus Media Inc Class A (CMLS) | $512.74 Million | 38.24% | 6.55x | $1.82 Million |
| Curiositystream Inc. (CURI) | $72.65 Million | -67.31% | 0.39x | $138.54 Million |
| Emmis Communications Corp (EMMS) | $-6.51 Million | 0.00% | 0.00x | $26.80 Million |
| Freedom Holdings Inc (FHLD) | $268.93K | -415.05% | 9.21x | $894.13K |
| Fubotv Inc (FUBO) | $283.82 Million | -101.28% | 3.34x | $409.09 Million |
| Granite Broadcasting Corporation (GRRP) | $26.99 Million | -302.20% | 16.49x | $1.99K |
| Gray Television Inc (GTN-A) | $117.11 Million | -172.51% | 9.92x | $894.19 Million |