WQN Inc
WQN, Inc. provides online phone services. It offers EasyTalk, an international calling service via the Internet. The company was incorporated in 1996 and is based in Fort Lauderdale, Florida.
WQN Inc (WQNI) - Net Assets
Latest net assets as of December 2011: $902.00K USD
Based on the latest financial reports, WQN Inc (WQNI) has net assets worth $902.00K USD as of December 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.39 Million) and total liabilities ($492.00K). 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 | $902.00K |
| % of Total Assets | 64.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | -95.0% |
| 10-Year Change | N/A |
| Growth Volatility | 36.95 |
WQN Inc - Net Assets Trend (1999–2011)
This chart illustrates how WQN 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 WQN Inc (1999–2011)
The table below shows the annual net assets of WQN Inc from 1999 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $902.00K | +30.35% |
| 2010-12-31 | $692.00K | -96.20% |
| 2005-12-31 | $18.22 Million | +13.39% |
| 2004-12-31 | $16.07 Million | -10.99% |
| 2003-12-31 | $18.05 Million | -15.64% |
| 2002-12-31 | $21.39 Million | -11.87% |
| 2001-12-31 | $24.28 Million | -24.44% |
| 2000-12-31 | $32.13 Million | +1533.13% |
| 1999-12-31 | $-2.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WQN 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 grown by 584552900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $221.00K | 24.50% |
| Other Components | $681.00K | 75.50% |
| Total Equity | $902.00K | 100.00% |
WQN Inc Competitors by Market Cap
The table below lists competitors of WQN Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GuestLogix Inc
PINK:GUESF
|
$0.93 |
|
MPM Technologies Inc
PINK:MPML
|
$0.93 |
|
Davi Luxury Brand Group Inc
PINK:MDAV
|
$0.93 |
|
V Group Inc
PINK:VGID
|
$0.93 |
|
MNP Petroleum Corp
PINK:MNAP
|
$0.93 |
|
Virtual Medical International Inc
PINK:QEBR
|
$0.93 |
|
Attune RTD Inc
PINK:AURT
|
$0.93 |
|
Accelerated Technologies Holding Corp
PINK:ATHC
|
$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WQN Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 692,000 to 902,000, a change of 210,000 (30.3%).
- Net loss of 635,257 reduced equity.
- Other factors increased equity by 845,257.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-635.26K | -70.43% |
| Other Changes | $845.26K | +93.71% |
| Total Change | $- | 30.35% |
Book Value vs Market Value Analysis
This analysis compares WQN 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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $-0.72 | $0.00 | x |
| 2000-12-31 | $5.23 | $0.00 | x |
| 2001-12-31 | $3.80 | $0.00 | x |
| 2002-12-31 | $3.35 | $0.00 | x |
| 2003-12-31 | $2.83 | $0.00 | x |
| 2004-12-31 | $2.42 | $0.00 | x |
| 2005-12-31 | $2.65 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WQN 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): -70.43%
- 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: 1.55x
- Recent ROE (-70.43%) is below the historical average (-44.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -36.03% | 1.89x | 0.00x | $-1.81 Million |
| 2000 | -15.08% | -36.77% | 0.36x | 1.14x | $-7.89 Million |
| 2001 | -29.60% | -59.01% | 0.44x | 1.13x | $-9.61 Million |
| 2002 | -13.49% | -25.17% | 0.49x | 1.09x | $-5.03 Million |
| 2003 | -18.53% | -33.74% | 0.49x | 1.12x | $-5.15 Million |
| 2004 | -19.76% | -20.79% | 0.81x | 1.17x | $-4.78 Million |
| 2005 | 1.54% | 0.00% | 0.00x | 1.22x | $-1.54 Million |
| 2010 | -233.96% | -2236.62% | 0.06x | 1.78x | $-1.69 Million |
| 2011 | -70.43% | 0.00% | 0.00x | 1.55x | $-725.46K |
Industry Comparison
This section compares WQN Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WQN Inc (WQNI) | $902.00K | 0.00% | 0.55x | $0.93 |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |