Urban Television Network Corp
Urban Television Network Corporation operates a broadcast television network. The company provides various broadcasting and digital streaming services, as well as operates movie studio. It also offers URBT-TV, a cable and broadcast television network, for the conservative voices of America and airs; and URBTPlus, a digital internet streaming subscription-based service, that provides video-on-dema… Read more
Urban Television Network Corp (URBT) - Net Assets
Latest net assets as of June 2007: $-3.08 Million USD
Based on the latest financial reports, Urban Television Network Corp (URBT) has net assets worth $-3.08 Million USD as of June 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($154.04K) and total liabilities ($3.24 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 | $-3.08 Million |
| % of Total Assets | -2001.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Urban Television Network Corp - Net Assets Trend (2002–2006)
This chart illustrates how Urban Television Network Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Urban Television Network Corp (2002–2006)
The table below shows the annual net assets of Urban Television Network Corp from 2002 to 2006.
| Year | Net Assets | Change |
|---|---|---|
| 2006-09-30 | $-3.10 Million | -206.42% |
| 2005-09-30 | $2.91 Million | +512.59% |
| 2004-09-30 | $-706.18K | -1047.68% |
| 2003-09-30 | $-61.53K | -17.78% |
| 2002-09-30 | $-52.24K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Urban Television Network Corp'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 1876084900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2006)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.78K | % |
| Other Components | $21.68 Million | % |
| Total Equity | $-3.10 Million | 100.00% |
Urban Television Network Corp Competitors by Market Cap
The table below lists competitors of Urban Television Network Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lavoro Limited Warrant
NASDAQ:LVROW
|
$25.54 |
|
NUSEP HOLDINGS
BE:IG7
|
$25.55 |
|
CHAMS HOLDING COMPANY PLC
XNSA:CHAMS
|
$25.80 |
|
AIICO INSURANCE PLC
XNSA:AIICO
|
$26.01 |
|
A1 Group Inc
PINK:AWON
|
$25.26 |
|
TERTIARY MINERALS
BE:TMU
|
$25.23 |
|
Univec Inc
PINK:UNVC
|
$25.16 |
|
Morgan & Co Multi Sector Exchange Traded Fund Trust
XZIM:MCMS
|
$25.16 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Urban Television Network Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2005 to 2006, total equity changed from 2,913,604 to -3,100,586, a change of -6,014,190 (-206.4%).
- Net loss of 6,354,726 reduced equity.
- Share repurchases of 39,500 reduced equity.
- Other comprehensive income increased equity by 6,690,000.
- Other factors decreased equity by 6,309,964.
Equity Change Factors (2005 to 2006)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.35 Million | -204.95% |
| Share Repurchases | $39.50K | -1.27% |
| Other Comprehensive Income | $6.69 Million | +215.77% |
| Other Changes | $-6.31 Million | -203.51% |
| Total Change | $- | -206.42% |
Book Value vs Market Value Analysis
This analysis compares Urban Television Network Corp'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 |
|---|---|---|---|
| 2002-09-30 | $-0.08 | $0.00 | x |
| 2003-09-30 | $0.00 | $0.00 | x |
| 2004-09-30 | $-0.01 | $0.00 | x |
| 2005-09-30 | $0.04 | $0.00 | x |
| 2006-09-30 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Urban Television Network Corp 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: -7083.16%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-19.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -406.91% | 0.66x | 0.00x | $-575.88K |
| 2003 | 0.00% | -839.15% | 0.60x | 0.00x | $-2.03 Million |
| 2004 | 0.00% | -3377.84% | 0.86x | 0.00x | $-7.46 Million |
| 2005 | -97.53% | -953.69% | 0.06x | 1.65x | $-3.13 Million |
| 2006 | 0.00% | -7083.16% | 1.09x | 0.00x | $-6.04 Million |
Industry Comparison
This section compares Urban Television Network Corp's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Urban Television Network Corp (URBT) | $-3.08 Million | 0.00% | N/A | $25.44 |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |