Track Data Corporation Inc
Track Data Corporation, Inc. provides market data, financial information, quote systems, and trading platforms for professional and individual traders in the United States and internationally. The company offers market data and research solutions, such as FastTrack-MX, an institutional grade application that provides faster quotes, unique news items, advanced option data, or in-depth charting app… Read more
Track Data Corporation Inc (TRAC) - Net Assets
Latest net assets as of September 2009: $27.43 Million USD
Based on the latest financial reports, Track Data Corporation Inc (TRAC) has net assets worth $27.43 Million USD as of September 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.05 Million) and total liabilities ($24.62 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 | $27.43 Million |
| % of Total Assets | 52.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | -12.09% |
| 10-Year Change | 57.46% |
| Growth Volatility | 25.96 |
Track Data Corporation Inc - Net Assets Trend (1993–2008)
This chart illustrates how Track Data Corporation 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 Track Data Corporation Inc (1993–2008)
The table below shows the annual net assets of Track Data Corporation Inc from 1993 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $23.62 Million | +3.89% |
| 2007-12-31 | $22.73 Million | +1.34% |
| 2006-12-31 | $22.43 Million | +4.10% |
| 2005-12-31 | $21.55 Million | -19.80% |
| 2004-12-31 | $26.87 Million | +12.87% |
| 2003-12-31 | $23.80 Million | +21.41% |
| 2002-12-31 | $19.61 Million | -15.34% |
| 2001-12-31 | $23.16 Million | +38.42% |
| 2000-12-31 | $16.73 Million | +11.55% |
| 1999-12-31 | $15.00 Million | +74.42% |
| 1998-12-31 | $8.60 Million | +30.30% |
| 1997-12-31 | $6.60 Million | -14.29% |
| 1996-12-31 | $7.70 Million | +45.28% |
| 1995-12-31 | $5.30 Million | -13.11% |
| 1994-12-31 | $6.10 Million | +3150.00% |
| 1993-12-31 | $-200.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Track Data Corporation 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 grown by 1353200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.13 Million | 55.60% |
| Common Stock | $84.00K | 0.36% |
| Other Comprehensive Income | $220.00K | 0.93% |
| Other Components | $10.18 Million | 43.11% |
| Total Equity | $23.62 Million | 100.00% |
Track Data Corporation Inc Competitors by Market Cap
The table below lists competitors of Track Data Corporation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Strategic Acquis
PINK:STQN
|
$192.58K |
|
XM REALITY AB
F:5LL
|
$192.61K |
|
Southern Co
NYSE:SOJD
|
$192.62K |
|
ORO
BATS:ORO
|
$192.75K |
|
BankInvest Højt Udbytte Aktier Akk. A
CO:BAIHU
|
$192.51K |
|
COEUR MINING - Dusseldorf Stock Exchang
DU:CDM1
|
$192.47K |
|
TRANSCOSMOS - Dusseldorf Stock Exchang
DU:TSQ
|
$192.27K |
|
Danske Invest Nye Markeder 2
CO:DKINM2
|
$192.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Track Data Corporation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from 22,734,000 to 23,619,000, a change of 885,000 (3.9%).
- Net income of 1,341,000 contributed positively to equity growth.
- Share repurchases of 782,000 reduced equity.
- Other comprehensive income decreased equity by 456,000.
- Other factors increased equity by 782,000.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.34 Million | +5.68% |
| Share Repurchases | $782.00K | -3.31% |
| Other Comprehensive Income | $-456.00K | -1.93% |
| Other Changes | $782.00K | +3.31% |
| Total Change | $- | 3.89% |
Book Value vs Market Value Analysis
This analysis compares Track Data Corporation 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: 0.07x
- 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 |
|---|---|---|---|
| 1993-12-31 | $-12.00 | $20.00 | x |
| 1994-12-31 | $190.63 | $20.00 | x |
| 1995-12-31 | $47.62 | $20.00 | x |
| 1996-12-31 | $64.17 | $20.00 | x |
| 1997-12-31 | $56.68 | $20.00 | x |
| 1998-12-31 | $73.85 | $20.00 | x |
| 1999-12-31 | $120.97 | $20.00 | x |
| 2000-12-31 | $130.60 | $20.00 | x |
| 2001-12-31 | $193.41 | $20.00 | x |
| 2002-12-31 | $185.32 | $20.00 | x |
| 2003-12-31 | $239.01 | $20.00 | x |
| 2004-12-31 | $275.85 | $20.00 | x |
| 2005-12-31 | $233.69 | $20.00 | x |
| 2006-12-31 | $267.03 | $20.00 | x |
| 2007-12-31 | $270.90 | $20.00 | x |
| 2008-12-31 | $281.45 | $20.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Track Data Corporation 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): 5.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.37%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.49x
- Recent ROE (5.68%) is above the historical average (-0.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | 9.26% | 4.15x | 0.00x | $520.00K |
| 1994 | 13.11% | 8.99% | 0.88x | 1.66x | $190.00K |
| 1995 | -109.43% | -12.83% | 5.20x | 1.64x | $-6.33 Million |
| 1996 | -6.49% | -1.04% | 2.25x | 2.77x | $-1.27 Million |
| 1997 | 6.06% | 0.84% | 2.60x | 2.77x | $-260.00K |
| 1998 | 2.33% | 0.43% | 2.50x | 2.16x | $-660.00K |
| 1999 | -33.33% | -10.73% | 1.86x | 1.67x | $-6.50 Million |
| 2000 | 12.31% | 3.50% | 2.40x | 1.46x | $385.80K |
| 2001 | 47.83% | 17.81% | 0.81x | 3.32x | $8.76 Million |
| 2002 | 15.25% | 5.23% | 1.23x | 2.37x | $1.03 Million |
| 2003 | 11.96% | 6.96% | 0.56x | 3.09x | $465.50K |
| 2004 | 19.35% | 12.97% | 0.58x | 2.58x | $2.51 Million |
| 2005 | -0.17% | -0.10% | 1.00x | 1.68x | $-2.19 Million |
| 2006 | 6.91% | 3.69% | 1.20x | 1.55x | $-694.30K |
| 2007 | -0.58% | -0.39% | 1.03x | 1.45x | $-2.41 Million |
| 2008 | 5.68% | 4.37% | 0.52x | 2.49x | $-1.02 Million |
Industry Comparison
This section compares Track Data Corporation Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Track Data Corporation Inc (TRAC) | $27.43 Million | 0.00% | 0.90x | $192.56K |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |