Wegener Corporation
Wegener Corporation, through its subsidiary, Wegener Communications, Inc., designs, manufactures, and distributes satellite communications electronics equipment in the United States and internationally. The company offers iPump media servers, which receives and stores television, radio, and other digital files from broadcast, cable, and business network operations; Compel Network Control and Comp… Read more
Wegener Corporation (WGNR) - Net Assets
Latest net assets as of September 2017: $-5.95 Million USD
Based on the latest financial reports, Wegener Corporation (WGNR) has net assets worth $-5.95 Million USD as of September 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.05 Million) and total liabilities ($7.99 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 | $-5.95 Million |
| % of Total Assets | -290.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 85.59 |
Wegener Corporation - Net Assets Trend (1985–2023)
This chart illustrates how Wegener Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wegener Corporation (1985–2023)
The table below shows the annual net assets of Wegener Corporation from 1985 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-4.77 Million | +18.03% |
| 2021-12-31 | $-5.82 Million | 0.00% |
| 2021-08-31 | $-5.82 Million | +3.84% |
| 2020-12-31 | $-6.05 Million | 0.00% |
| 2020-08-31 | $-6.05 Million | -1.76% |
| 2017-12-31 | $-5.95 Million | -0.54% |
| 2016-12-31 | $-5.91 Million | -2.72% |
| 2015-12-31 | $-5.76 Million | +21.63% |
| 2014-12-31 | $-7.35 Million | -16.19% |
| 2013-12-31 | $-6.32 Million | -48.11% |
| 2012-12-31 | $-4.27 Million | -187.04% |
| 2011-12-31 | $-1.49 Million | 0.00% |
| 2011-08-31 | $-1.49 Million | -1029.35% |
| 2010-12-31 | $-131.69K | -106.04% |
| 2009-12-31 | $2.18 Million | -54.43% |
| 2008-12-31 | $4.79 Million | +8.89% |
| 2007-12-31 | $4.40 Million | -13.36% |
| 2006-12-31 | $5.07 Million | -35.97% |
| 2005-12-31 | $7.92 Million | -41.40% |
| 2004-12-31 | $13.52 Million | -11.50% |
| 2003-12-31 | $15.28 Million | +1.34% |
| 2002-12-31 | $15.08 Million | +7.03% |
| 2001-12-31 | $14.09 Million | -12.91% |
| 2000-12-31 | $16.18 Million | -13.95% |
| 1999-12-31 | $18.80 Million | -1.57% |
| 1998-12-31 | $19.10 Million | +28.19% |
| 1997-12-31 | $14.90 Million | +14.62% |
| 1996-12-31 | $13.00 Million | +16.07% |
| 1995-12-31 | $11.20 Million | +273.33% |
| 1994-12-31 | $3.00 Million | -16.67% |
| 1993-12-31 | $3.60 Million | -10.00% |
| 1992-12-31 | $4.00 Million | -42.03% |
| 1991-12-31 | $6.90 Million | -10.39% |
| 1990-12-31 | $7.70 Million | -29.36% |
| 1989-12-31 | $10.90 Million | +5.83% |
| 1988-12-31 | $10.30 Million | +18.39% |
| 1987-12-31 | $8.70 Million | +295.45% |
| 1986-12-31 | $2.20 Million | -26.67% |
| 1985-12-31 | $3.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wegener Corporation'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 2330083200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $271.47K | % |
| Other Components | $20.86 Million | % |
| Total Equity | $-4.77 Million | 100.00% |
Wegener Corporation Competitors by Market Cap
The table below lists competitors of Wegener Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TIANJIN JINRAN -H-
BE:TL6
|
$178.91 |
|
Dost Steels Ltd
KAR:DSL
|
$179.00 |
|
UNIVERSAL PARTNERS LTD (GBP)
SEM:UPL
|
$179.07 |
|
PLD CORPORATION
BE:P8O
|
$179.47 |
|
Gfinity PLC
LSE:GFIN
|
$178.42 |
|
LSE Capital Limited
KAR:LSECL
|
$177.83 |
|
Habersham Bancorp
PINK:HABC
|
$177.52 |
|
WEMA BANK PLC
XNSA:WEMABANK
|
$176.72 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wegener Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2023, total equity changed from -5,817,707 to -4,768,511, a change of 1,049,196.
- Net income of 253,535 contributed positively to equity growth.
- Other factors increased equity by 795,661.
Equity Change Factors (2021 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $253.53K | +5.32% |
| Other Changes | $795.66K | +16.69% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Wegener Corporation'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 |
|---|---|---|---|
| 1985-12-31 | $1.88 | $0.02 | x |
| 1986-12-31 | $1.38 | $0.02 | x |
| 1987-12-31 | $1.30 | $0.02 | x |
| 1988-12-31 | $1.37 | $0.02 | x |
| 1989-12-31 | $1.45 | $0.02 | x |
| 1990-12-31 | $1.07 | $0.02 | x |
| 1991-12-31 | $0.95 | $0.02 | x |
| 1992-12-31 | $0.55 | $0.02 | x |
| 1993-12-31 | $0.50 | $0.02 | x |
| 1994-12-31 | $0.45 | $0.02 | x |
| 1995-12-31 | $1.40 | $0.02 | x |
| 1996-12-31 | $1.47 | $0.02 | x |
| 1997-12-31 | $1.57 | $0.02 | x |
| 1998-12-31 | $1.57 | $0.02 | x |
| 1999-12-31 | $1.88 | $0.02 | x |
| 2000-12-31 | $1.37 | $0.02 | x |
| 2001-12-31 | $1.18 | $0.02 | x |
| 2002-12-31 | $1.23 | $0.02 | x |
| 2003-12-31 | $1.22 | $0.02 | x |
| 2004-12-31 | $1.09 | $0.02 | x |
| 2005-12-31 | $0.63 | $0.02 | x |
| 2006-12-31 | $0.40 | $0.02 | x |
| 2007-12-31 | $0.35 | $0.02 | x |
| 2008-12-31 | $0.38 | $0.02 | x |
| 2009-12-31 | $0.17 | $0.02 | x |
| 2010-12-31 | $-0.01 | $0.02 | x |
| 2011-08-31 | $-0.11 | $0.02 | x |
| 2011-12-31 | $-0.11 | $0.02 | x |
| 2013-12-31 | $-0.48 | $0.02 | x |
| 2014-12-31 | $-0.56 | $0.02 | x |
| 2015-12-31 | $-0.44 | $0.02 | x |
| 2016-12-31 | $-0.45 | $0.02 | x |
| 2017-12-31 | $-0.45 | $0.02 | x |
| 2020-08-31 | $-0.22 | $0.02 | x |
| 2020-12-31 | $-0.22 | $0.02 | x |
| 2021-08-31 | $-0.21 | $0.02 | x |
| 2021-12-31 | $-0.21 | $0.02 | x |
| 2023-12-31 | $-0.18 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wegener Corporation 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: 9.77%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -13.33% | -7.69% | 1.37x | 1.27x | $-700.00K |
| 1986 | -36.36% | -10.96% | 2.52x | 1.32x | $-1.02 Million |
| 1987 | 4.60% | 4.35% | 0.55x | 1.92x | $-470.00K |
| 1988 | 17.48% | 8.37% | 1.08x | 1.93x | $770.00K |
| 1989 | 13.76% | 4.93% | 1.28x | 2.17x | $410.00K |
| 1990 | -33.77% | -9.42% | 1.37x | 2.61x | $-3.37 Million |
| 1991 | -11.59% | -3.92% | 1.20x | 2.46x | $-1.49 Million |
| 1992 | -75.00% | -19.11% | 1.26x | 3.13x | $-3.40 Million |
| 1993 | -13.89% | -3.40% | 1.36x | 3.00x | $-860.00K |
| 1994 | -3.33% | -0.61% | 1.39x | 3.97x | $-400.00K |
| 1995 | 3.57% | 2.05% | 0.89x | 1.96x | $-720.00K |
| 1996 | 11.54% | 6.47% | 0.84x | 2.13x | $200.00K |
| 1997 | -12.08% | -8.26% | 0.85x | 1.72x | $-3.29 Million |
| 1998 | 14.66% | 8.16% | 1.32x | 1.36x | $890.00K |
| 1999 | 1.06% | 0.79% | 1.01x | 1.33x | $-1.68 Million |
| 2000 | -20.58% | -14.54% | 0.95x | 1.49x | $-4.95 Million |
| 2001 | -14.03% | -9.72% | 1.09x | 1.32x | $-3.39 Million |
| 2002 | 5.36% | 3.44% | 1.25x | 1.24x | $-700.31K |
| 2003 | 0.57% | 0.44% | 1.11x | 1.19x | $-1.44 Million |
| 2004 | -15.59% | -11.64% | 1.03x | 1.29x | $-3.46 Million |
| 2005 | -71.56% | -25.89% | 1.71x | 1.62x | $-6.46 Million |
| 2006 | -56.81% | -14.14% | 1.83x | 2.19x | $-3.39 Million |
| 2007 | -17.12% | -3.49% | 1.68x | 2.91x | $-1.19 Million |
| 2008 | 8.01% | 1.78% | 1.63x | 2.76x | $-95.46K |
| 2009 | -119.43% | -20.59% | 1.33x | 4.37x | $-2.82 Million |
| 2010 | 0.00% | -25.93% | 1.07x | 0.00x | $-2.30 Million |
| 2011 | 0.00% | -16.10% | 1.25x | 0.00x | $-1.32 Million |
| 2011 | 0.00% | -16.10% | 1.25x | 0.00x | $-1.32 Million |
| 2012 | 0.00% | -38.67% | 1.46x | 0.00x | $-2.36 Million |
| 2013 | 0.00% | -45.47% | 1.81x | 0.00x | $-1.42 Million |
| 2014 | 0.00% | -51.81% | 1.51x | 0.00x | $-903.76K |
| 2015 | 0.00% | 49.85% | 2.85x | 0.00x | $2.16 Million |
| 2016 | 0.00% | -5.61% | 2.98x | 0.00x | $396.03K |
| 2017 | 0.00% | -1.65% | 1.66x | 0.00x | $538.62K |
| 2020 | 0.00% | -122.33% | 0.56x | 0.00x | $-482.21K |
| 2020 | 0.00% | -122.33% | 0.56x | 0.00x | $-482.21K |
| 2021 | 0.00% | 10.69% | 1.30x | 0.00x | $813.86K |
| 2021 | 0.00% | 10.69% | 1.30x | 0.00x | $813.86K |
| 2023 | 0.00% | 9.77% | 1.41x | 0.00x | $730.39K |
Industry Comparison
This section compares Wegener Corporation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wegener Corporation (WGNR) | $-5.95 Million | -13.33% | N/A | $178.81 |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |