World Wireless Communications Inc
World Wireless Communications, Inc. engages in the design and development of wired and wireless telemetry and remote control systems. Its products and services allow data from remote devices to be accessed via a secure, encrypted Internet connection using a standard Web browser in automatic meter reading and facilities management fields. The company operates through the X-traWeb products and Radi… Read more
World Wireless Communications Inc (WWRL) - Net Assets
Latest net assets as of December 2002: $-8.78 Million USD
Based on the latest financial reports, World Wireless Communications Inc (WWRL) has net assets worth $-8.78 Million USD as of December 2002.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($777.46K) and total liabilities ($9.56 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 | $-8.78 Million |
| % of Total Assets | -1129.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
World Wireless Communications Inc - Net Assets Trend (1999–2002)
This chart illustrates how World Wireless Communications 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 World Wireless Communications Inc (1999–2002)
The table below shows the annual net assets of World Wireless Communications Inc from 1999 to 2002.
| Year | Net Assets | Change |
|---|---|---|
| 2002-12-31 | $-8.78 Million | -230.84% |
| 2001-12-31 | $-2.65 Million | -166.08% |
| 2000-12-31 | $4.02 Million | +213.75% |
| 1999-12-31 | $-3.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to World Wireless Communications 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 2086269400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2002)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.46K | % |
| Other Components | $51.74 Million | % |
| Total Equity | $-8.78 Million | 100.00% |
World Wireless Communications Inc Competitors by Market Cap
The table below lists competitors of World Wireless Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliance Select Foods International Inc
PSE:FOOD
|
$65.55 |
|
MULTIPOLAR -A-
BE:MLQ2
|
$65.58 |
|
Northern Venture Trust
LSE:NVT
|
$65.66 |
|
ALUWORKS LTD.
GSE:ALW
|
$65.78 |
|
JAIZ BANK PLC
XNSA:JAIZBANK
|
$65.38 |
|
SEED CO LIMITED
XZIM:SEED
|
$65.35 |
|
JOHN HOLT PLC
XNSA:JOHNHOLT
|
$64.97 |
|
MORISON INDUSTRIES PLC
XNSA:MORISON
|
$64.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Wireless Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2001 to 2002, total equity changed from -2,653,598 to -8,779,295, a change of -6,125,697.
- Net loss of 9,846,582 reduced equity.
- Share repurchases of 0 reduced equity.
- Other factors increased equity by 3,720,885.
Equity Change Factors (2001 to 2002)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.85 Million | -112.16% |
| Share Repurchases | $0.35 | -0.0% |
| Other Changes | $3.72 Million | +42.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares World Wireless Communications 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 |
|---|---|---|---|
| 1999-12-31 | $-0.20 | $0.01 | x |
| 2000-12-31 | $0.14 | $0.01 | x |
| 2001-12-31 | $-0.08 | $0.01 | x |
| 2002-12-31 | $-0.28 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Wireless Communications 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: -1339.45%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-32.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -345.56% | 1.38x | 0.00x | $-11.97 Million |
| 2000 | -128.32% | -300.50% | 0.35x | 1.24x | $-5.55 Million |
| 2001 | 0.00% | -764.64% | 0.62x | 0.00x | $-7.78 Million |
| 2002 | 0.00% | -1339.45% | 0.95x | 0.00x | $-8.97 Million |
Industry Comparison
This section compares World Wireless Communications 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 |
|---|---|---|---|---|
| World Wireless Communications Inc (WWRL) | $-8.78 Million | 0.00% | N/A | $65.53 |
| 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 |