XFit Brands Inc
XFit Brands, Inc. designs, develops, markets, and sells functional equipment, training gears, and apparel and accessories for the impact sports market and fitness industry worldwide. It offers functional fitness stations, including XTC, CTC, and UTC training equipment, as well as mobile fitness training stations used in set up for mobile events, such as mobile boot camps, community events, trade … Read more
XFit Brands Inc (XFTB) - Net Assets
Latest net assets as of December 2016: $-3.25 Million USD
Based on the latest financial reports, XFit Brands Inc (XFTB) has net assets worth $-3.25 Million USD as of December 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.26 Million) and total liabilities ($4.51 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 | $-3.25 Million |
| % of Total Assets | -257.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
XFit Brands Inc - Net Assets Trend (2013–2016)
This chart illustrates how XFit Brands 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 XFit Brands Inc (2013–2016)
The table below shows the annual net assets of XFit Brands Inc from 2013 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-06-30 | $-3.08 Million | -82.07% |
| 2015-06-30 | $-1.69 Million | -183.24% |
| 2014-06-30 | $-597.03K | +44.91% |
| 2013-06-30 | $-1.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to XFit Brands 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 326735300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2016)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.12K | % |
| Other Comprehensive Income | $-7.79 Million | % |
| Other Components | $12.51 Million | % |
| Total Equity | $-3.08 Million | 100.00% |
XFit Brands Inc Competitors by Market Cap
The table below lists competitors of XFit Brands Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
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Capital Gearing Trust
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$5.88K |
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ABACUS PROPERTY GRP UTS
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$5.88K |
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HANSARD GLOBAL
BE:H9G
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$5.88K |
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Ipa Investments Group JSC
VN:IPA
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$5.89K |
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Daito Me Holdings Co., Ltd
TWO:8455
|
$5.87K |
|
FONTERELLI
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$5.87K |
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Educational Book In Da Nang City
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$5.86K |
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ECOCLIME GRP AB B
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$5.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XFit Brands Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from -1,691,010 to -3,078,893, a change of -1,387,883.
- Net loss of 1,782,766 reduced equity.
- Share repurchases of 116,250 reduced equity.
- Other comprehensive income decreased equity by 1,782,766.
- Other factors increased equity by 2,293,899.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.78 Million | -57.9% |
| Share Repurchases | $116.25K | -3.78% |
| Other Comprehensive Income | $-1.78 Million | -57.9% |
| Other Changes | $2.29 Million | +74.5% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares XFit Brands 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 |
|---|---|---|---|
| 2013-06-30 | $-0.05 | $0.00 | x |
| 2014-06-30 | $-0.03 | $0.00 | x |
| 2015-06-30 | $-0.08 | $0.00 | x |
| 2016-06-30 | $-0.15 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XFit Brands 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: -75.61%
- • Asset Turnover: 3.55x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -53.03% | 5.86x | 0.00x | $-443.46K |
| 2014 | 0.00% | 7.10% | 2.07x | 0.00x | $168.91K |
| 2015 | 0.00% | -78.16% | 2.42x | 0.00x | $-1.42 Million |
| 2016 | 0.00% | -75.61% | 3.55x | 0.00x | $-1.47 Million |
Industry Comparison
This section compares XFit Brands Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XFit Brands Inc (XFTB) | $-3.25 Million | 0.00% | N/A | $5.87K |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |