Worry Free Holdings Company
Worry Free Holdings Company, a development stage company, focuses on operating an online social network. It intends to operate iVoiceIdeas.com that focuses on enhancing the ways people develop and communicate new ideas and solutions to problems, as well as would serve as a social media site for users seeking social connections centered on ideas, policy, and problems. The company was founded in 20… Read more
Worry Free Holdings Company (WYCC) - Net Assets
Latest net assets as of March 2025: $13.01 Million USD
Based on the latest financial reports, Worry Free Holdings Company (WYCC) has net assets worth $13.01 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.18 Million) and total liabilities ($172.37K). 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 | $13.01 Million |
| % of Total Assets | 98.69% |
| Annual Growth Rate | 38.84% |
| 5-Year Change | 67724.07% |
| 10-Year Change | N/A |
| Growth Volatility | 477.45 |
Worry Free Holdings Company - Net Assets Trend (2009–2024)
This chart illustrates how Worry Free Holdings Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Worry Free Holdings Company (2009–2024)
The table below shows the annual net assets of Worry Free Holdings Company from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.03 Million | +0.87% |
| 2023-12-31 | $12.92 Million | +425.71% |
| 2022-12-31 | $2.46 Million | +770.36% |
| 2021-12-31 | $282.32K | +1369.56% |
| 2017-12-31 | $19.21K | +593.54% |
| 2015-12-31 | $2.77K | -97.58% |
| 2011-12-31 | $114.60K | +26.57% |
| 2010-12-31 | $90.55K | -4.51% |
| 2009-12-31 | $94.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Worry Free Holdings Company'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 99948300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $193.38K | 1.49% |
| Other Comprehensive Income | $-369.79K | -2.85% |
| Other Components | $14.17 Million | 109.13% |
| Total Equity | $12.98 Million | 100.00% |
Worry Free Holdings Company Competitors by Market Cap
The table below lists competitors of Worry Free Holdings Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUTCHISON HARBOUR
MU:HRH
|
$4.92 |
|
Radient Technologies Inc
STU:RD8
|
$4.92 |
|
SUNRISE RESOURCES
BE:S4D
|
$4.93 |
|
GEROVA Financial Group Ltd
PINK:GVFG
|
$5.00 |
|
Environmental Solutions Worldwide Inc
PINK:ESWW
|
$4.90 |
|
DVN (HLDGS)
BE:DVH
|
$4.89 |
|
Eco-Safe Systems Usa
PINK:ESFS
|
$4.88 |
|
Harena Rare Earths Plc
LSE:HREE
|
$4.87 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Worry Free Holdings Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,917,671 to 12,979,683, a change of 62,012 (0.5%).
- Net loss of 44,726 reduced equity.
- Other comprehensive income increased equity by 106,738.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-44.73K | -0.34% |
| Other Comprehensive Income | $106.74K | +0.82% |
| Total Change | $- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Worry Free Holdings Company'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: 0.08x
- 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 |
|---|---|---|---|
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.01 | $0.00 | x |
| 2024-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Worry Free Holdings Company 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): -0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -161.63%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-0.34%) is above the historical average (-135.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -10.10% | 0.00% | 0.00x | 1.00x | $-19.06K |
| 2010 | -31.59% | 0.00% | 0.00x | 1.00x | $-37.66K |
| 2011 | -94.08% | -975.85% | 0.10x | 1.00x | $-118.75K |
| 2015 | -928.70% | 0.00% | 0.00x | 8.71x | $-26.00K |
| 2017 | -130.06% | -616.00% | 0.15x | 1.45x | $-26.91K |
| 2021 | -9.67% | -2601.05% | 0.00x | 1.06x | $-55.54K |
| 2022 | -15.96% | -17620.49% | 0.00x | 1.79x | $-637.77K |
| 2023 | -0.21% | -95.19% | 0.00x | 1.01x | $-1.32 Million |
| 2024 | -0.34% | -161.63% | 0.00x | 1.01x | $-1.34 Million |
Industry Comparison
This section compares Worry Free Holdings Company's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Worry Free Holdings Company (WYCC) | $13.01 Million | -10.10% | 0.01x | $4.91 |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |