Tld3 Entertainment Group Inc
Ovation Music and Studios, Inc. provides individual and group music lessons, rehearsal studios, professional recording studios, and live performance services. The company is headquartered in Boca Raton, Florida.
Tld3 Entertainment Group Inc (TLDE) - Net Assets
Latest net assets as of March 2024: $3.65 Million USD
Based on the latest financial reports, Tld3 Entertainment Group Inc (TLDE) has net assets worth $3.65 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.91 Million) and total liabilities ($258.14K). 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 | $3.65 Million |
| % of Total Assets | 93.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | -20.92% |
| 10-Year Change | N/A |
| Growth Volatility | 46.92 |
Tld3 Entertainment Group Inc - Net Assets Trend (2015–2023)
This chart illustrates how Tld3 Entertainment Group 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 Tld3 Entertainment Group Inc (2015–2023)
The table below shows the annual net assets of Tld3 Entertainment Group Inc from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $3.77 Million | -9.44% |
| 2022-12-31 | $4.17 Million | -11.66% |
| 2021-12-31 | $4.72 Million | -27.03% |
| 2020-12-31 | $6.46 Million | +35.47% |
| 2019-12-31 | $4.77 Million | +3.25% |
| 2018-12-31 | $4.62 Million | +7645.43% |
| 2017-12-31 | $-61.23K | -116.78% |
| 2016-12-31 | $364.79K | +3361.15% |
| 2015-12-31 | $-11.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tld3 Entertainment Group 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 153649800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $503.69K | 13.35% |
| Other Components | $4.99 Million | 132.17% |
| Total Equity | $3.77 Million | 100.00% |
Tld3 Entertainment Group Inc Competitors by Market Cap
The table below lists competitors of Tld3 Entertainment Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dark Star Minerals Inc.
F:P0W
|
$142.62 |
|
TBRDF
PINK:TBRDF
|
$142.64 |
|
Egyptians For Investment & Urban Development
EGX:EIUD
|
$143.17 |
|
First Seismic Corp
PINK:FSEI
|
$143.72 |
|
Prime Media Holdings Inc
PSE:PRIM
|
$142.13 |
|
A.I.S. AG (LUM.SG)
STU:LUM
|
$142.04 |
|
Fevara plc
LSE:FVA
|
$141.81 |
|
Neon Bloom Inc
PINK:NBCO
|
$141.71 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tld3 Entertainment Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,165,610 to 3,772,345, a change of -393,265 (-9.4%).
- Net loss of 426,669 reduced equity.
- Other comprehensive income decreased equity by 5,456,113.
- Other factors increased equity by 5,489,517.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-426.67K | -11.31% |
| Other Comprehensive Income | $-5.46 Million | -144.63% |
| Other Changes | $5.49 Million | +145.52% |
| Total Change | $- | -9.44% |
Book Value vs Market Value Analysis
This analysis compares Tld3 Entertainment Group 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: 1.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.02 | x |
| 2018-12-31 | $0.03 | $0.02 | x |
| 2019-12-31 | $0.03 | $0.02 | x |
| 2020-12-31 | $0.02 | $0.02 | x |
| 2021-12-31 | $0.01 | $0.02 | x |
| 2022-12-31 | $0.01 | $0.02 | x |
| 2023-12-31 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tld3 Entertainment Group 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): -11.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-11.31%) is above the historical average (-11.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -66.74% | 4.01x | 0.00x | $-148.63K |
| 2016 | -10.49% | -20.77% | 0.35x | 1.43x | $-74.73K |
| 2017 | 0.00% | 17.35% | 1.65x | 0.00x | $34.20K |
| 2018 | -11.35% | -556.79% | 0.02x | 1.00x | $-986.15K |
| 2019 | -9.51% | 0.00% | 0.00x | 1.01x | $-930.56K |
| 2020 | -38.60% | -9055.95% | 0.00x | 1.00x | $-3.14 Million |
| 2021 | -9.94% | -15624.30% | 0.00x | 1.01x | $-940.28K |
| 2022 | -13.63% | 0.00% | 0.00x | 1.04x | $-984.28K |
| 2023 | -11.31% | 0.00% | 0.00x | 1.07x | $-803.90K |
Industry Comparison
This section compares Tld3 Entertainment Group Inc'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 |
|---|---|---|---|---|
| Tld3 Entertainment Group Inc (TLDE) | $3.65 Million | 0.00% | 0.07x | $142.56 |
| 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 |