Goff Corp
Worldwide NFT, Inc. does not have significant operations. Previously, the company was an exploration stage mining company that engaged in the exploration and mining of gold and silver properties. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Go… Read more
Goff Corp (WNFT) - Net Assets
Latest net assets as of December 2023: $-391.41K USD
Based on the latest financial reports, Goff Corp (WNFT) has net assets worth $-391.41K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($391.41K). 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 | $-391.41K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Goff Corp - Net Assets Trend (2011–2023)
This chart illustrates how Goff 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 Goff Corp (2011–2023)
The table below shows the annual net assets of Goff Corp from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-274.77K | -55.09% |
| 2022-06-30 | $-177.16K | -98.77% |
| 2021-06-30 | $-89.13K | -1779.19% |
| 2012-06-30 | $-4.74K | -119.82% |
| 2011-06-30 | $23.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goff 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 2093740100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $534.75K | % |
| Other Components | $20.13 Million | % |
| Total Equity | $-274.77K | 100.00% |
Goff Corp Competitors by Market Cap
The table below lists competitors of Goff Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Organovo Holdings Inc
NASDAQ:ONVO
|
$2.41 Million |
|
Rani Zim Shopping Centers
TA:RANI
|
$2.41 Million |
|
Thai Packaging & Printing Public Company Limited
BK:TPP
|
$2.41 Million |
|
Panca Mitra Multiperdana Tbk PT
JK:PMMP
|
$2.41 Million |
|
ClearStream Energy Services Inc
PINK:NWPIF
|
$2.40 Million |
|
Indosterling Technomedia Tbk
JK:TECH
|
$2.40 Million |
|
Rincon Resources Ltd
AU:RCR
|
$2.40 Million |
|
Qualis Innovations Inc
PINK:QLIS
|
$2.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goff Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -177,162 to -274,767, a change of -97,605.
- Net loss of 97,605 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-97.61K | -35.52% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Goff 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 |
|---|---|---|---|
| 2011-06-30 | $0.00 | $0.01 | x |
| 2012-06-30 | $0.00 | $0.01 | x |
| 2020-06-30 | $0.00 | $0.01 | x |
| 2021-06-30 | $0.00 | $0.01 | x |
| 2022-06-30 | $0.00 | $0.01 | x |
| 2023-06-30 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goff 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -18.45% | 0.00% | 0.00x | 1.03x | $-6.81K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.20K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $2.05K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-20.05 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-70.13K |
Industry Comparison
This section compares Goff Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-56,363,212
- Average return on equity (ROE) among peers: -7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goff Corp (WNFT) | $-391.41K | -18.45% | N/A | $2.41 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $5.32 Million | -71.85% | 3.84x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-185.37K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-181.19K | 0.00% | 0.00x | $14.73K |
| ACRO Biomedical Co Ltd (ACBM) | $-14.79K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-1.02K | 0.00% | 0.00x | $3.15K |