Ultimate Sports Inc
Ultimate Sports, Inc. designs and assembles snowmobile skis and related products in the United States. Its products include banners/emblems, mount shoes, ski bottom kits, Stud Boy studs, and Stud Boy wear bars; tools, such as studders, track hole cutters, studding templates, spindle alignment bars, ski alignment kits, and chassis scales; and accessories comprising shaper plates, view guards, snow… Read more
Ultimate Sports Inc (USPS) - Net Assets
Latest net assets as of December 2010: $-76.89K USD
Based on the latest financial reports, Ultimate Sports Inc (USPS) has net assets worth $-76.89K USD as of December 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($443.24K) and total liabilities ($520.13K). 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 | $-76.89K |
| % of Total Assets | -17.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | -64.68% |
| 10-Year Change | N/A |
| Growth Volatility | 51.72 |
Ultimate Sports Inc - Net Assets Trend (2007–2014)
This chart illustrates how Ultimate Sports 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 Ultimate Sports Inc (2007–2014)
The table below shows the annual net assets of Ultimate Sports Inc from 2007 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-12-31 | $56.61K | -47.78% |
| 2013-12-31 | $108.40K | -30.71% |
| 2012-12-31 | $156.46K | +303.47% |
| 2010-12-31 | $-76.89K | -147.97% |
| 2009-12-31 | $160.30K | +906.42% |
| 2008-12-31 | $-19.88K | -41.17% |
| 2007-12-31 | $-14.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ultimate Sports 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 4790800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $777.69K | 1373.74% |
| Total Equity | $56.61K | 100.00% |
Ultimate Sports Inc Competitors by Market Cap
The table below lists competitors of Ultimate Sports Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NMBZ HOLDINGS LIMITED
XZIM:NMB
|
$72.16 |
|
Tiderock Companies Inc
PINK:TDRK
|
$72.20 |
|
ATN Holdings Inc B
PSE:ATNB
|
$72.65 |
|
GCP Asset Backed Income Fund Limited
LSE:GABI
|
$72.94 |
|
COBRE MONTANA
BE:3MW
|
$71.98 |
|
Empresa Distribuidora Electrica Regional SA
BA:EMDE
|
$71.33 |
|
Maverick Energy Group Ltd
PINK:MKGP
|
$71.09 |
|
Viabuilt Ventures Inc
PINK:VBVT
|
$70.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ultimate Sports Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from 108,403 to 56,611, a change of -51,792 (-47.8%).
- Net loss of 51,792 reduced equity.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-51.79K | -91.49% |
| Total Change | $- | -47.78% |
Book Value vs Market Value Analysis
This analysis compares Ultimate Sports 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: 2.62x
- 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 |
|---|---|---|---|
| 2007-12-31 | $0.00 | $0.01 | x |
| 2008-12-31 | $0.00 | $0.01 | x |
| 2009-12-31 | $0.00 | $0.01 | x |
| 2010-12-31 | $0.00 | $0.01 | x |
| 2012-12-31 | $0.01 | $0.01 | x |
| 2013-12-31 | $0.01 | $0.01 | x |
| 2014-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ultimate Sports 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): -91.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.61%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 8.15x
- Recent ROE (-91.49%) is below the historical average (-5.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 35.31% | 0.88x | 0.00x | $186.24K |
| 2008 | 0.00% | 14.74% | 1.16x | 0.00x | $91.19K |
| 2009 | 41.53% | 16.79% | 0.85x | 2.91x | $50.55K |
| 2010 | 0.00% | -29.90% | 0.96x | 0.00x | $-120.08K |
| 2012 | 75.84% | 27.35% | 1.04x | 2.67x | $103.02K |
| 2013 | -64.83% | -26.13% | 0.63x | 3.92x | $-81.12K |
| 2014 | -91.49% | -14.61% | 0.77x | 8.15x | $-57.45K |
Industry Comparison
This section compares Ultimate Sports Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ultimate Sports Inc (USPS) | $-76.89K | 0.00% | N/A | $72.12 |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |