US Lighting Group Inc
US Lighting Group, Inc., through its subsidiaries, engages in the manufacture and sale of various recreational vehicles, prefabricated off-grid houses, and powerboats. The company offers molded fiberglass campers; designs and sells boats; and produces molded fiberglass products. It also designs, manufactures, and distributes travel trailers and molded fiberglass homes. In addition, the company de… Read more
US Lighting Group Inc (USLG) - Net Assets
Latest net assets as of September 2024: $-5.83 Million USD
Based on the latest financial reports, US Lighting Group Inc (USLG) has net assets worth $-5.83 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.04 Million) and total liabilities ($8.88 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 | $-5.83 Million |
| % of Total Assets | -191.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -101279.83% |
| Growth Volatility | 899.07 |
US Lighting Group Inc - Net Assets Trend (2012–2023)
This chart illustrates how US Lighting 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 US Lighting Group Inc (2012–2023)
The table below shows the annual net assets of US Lighting Group Inc from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-4.65 Million | +19.14% |
| 2022-12-31 | $-5.75 Million | -472.17% |
| 2021-12-31 | $1.54 Million | +182.89% |
| 2020-12-31 | $-1.86 Million | +44.16% |
| 2019-12-31 | $-3.34 Million | -3.22% |
| 2018-12-31 | $-3.23 Million | +16.52% |
| 2017-12-31 | $-3.87 Million | -653.67% |
| 2016-12-31 | $699.69K | +1642.67% |
| 2015-12-31 | $-45.36K | -1087.07% |
| 2014-12-31 | $4.59K | -57.92% |
| 2013-12-31 | $10.92K | +1522.59% |
| 2012-12-31 | $673.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to US Lighting 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 2657455300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.49K | % |
| Other Components | $21.93 Million | % |
| Total Equity | $-4.65 Million | 100.00% |
US Lighting Group Inc Competitors by Market Cap
The table below lists competitors of US Lighting Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colombo Fort Investments PLC
CM:CFIN0000
|
$11.23K |
|
Road Studio S.A.
WAR:RST
|
$11.24K |
|
TransCanna Holdings Inc
PINK:TCNAF
|
$11.27K |
|
AFLT3F
SA:AFLT3F
|
$11.27K |
|
ORVANA MINERALS (O6M.SG)
STU:O6M
|
$11.23K |
|
Portage Fintech Acquisition Corporation Warrant
NASDAQ:PFTAW
|
$11.21K |
|
National company for maize products
EGX:NCMP
|
$11.21K |
|
First Tin PLC
LSE:1SN
|
$11.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in US Lighting Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -5,750,000 to -4,649,213, a change of 1,100,787.
- Net loss of 1,104,968 reduced equity.
- New share issuances of 299,280 increased equity.
- Other factors increased equity by 1,906,475.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.10 Million | -23.77% |
| Share Issuances | $299.28K | +6.44% |
| Other Changes | $1.91 Million | +41.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares US Lighting 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.02 | $0.00 | x |
| 2017-12-31 | $-0.10 | $0.00 | x |
| 2018-12-31 | $-0.07 | $0.00 | x |
| 2019-12-31 | $-0.06 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $0.02 | $0.00 | x |
| 2022-12-31 | $-0.06 | $0.00 | x |
| 2023-12-31 | $-0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently US Lighting 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.47%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-50.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -494.65% | -156.22% | 3.17x | 1.00x | $-3.40K |
| 2013 | 16.00% | 3.42% | 2.44x | 1.92x | $655.00 |
| 2014 | -137.65% | -5.58% | 2.26x | 10.90x | $-6.78K |
| 2015 | 0.00% | -71.49% | 1.83x | 0.00x | $-45.42K |
| 2016 | -182.89% | -78.43% | 0.28x | 8.21x | $-1.35 Million |
| 2017 | 0.00% | -26.34% | 3.88x | 0.00x | $-158.47K |
| 2018 | 0.00% | -168.66% | 4.31x | 0.00x | $-3.76 Million |
| 2019 | 0.00% | -328.75% | 4.74x | 0.00x | $-8.37 Million |
| 2020 | 0.00% | 1127.91% | 0.02x | 0.00x | $671.40K |
| 2021 | 197.61% | 4556.72% | 0.02x | 1.96x | $2.90 Million |
| 2022 | 0.00% | -830.04% | 0.40x | 0.00x | $-8.42 Million |
| 2023 | 0.00% | -30.47% | 1.18x | 0.00x | $-640.05K |
Industry Comparison
This section compares US Lighting Group Inc's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| US Lighting Group Inc (USLG) | $-5.83 Million | -494.65% | N/A | $11.23K |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |