Xsovt Brands Inc
Xsovt Brands, Inc. operates as a footwear designer in the United States. The company engages in the design, comfort, and construction of shoes and slippers for men, women, and children. It sells its products under the Xsovt brand. The company was founded in 2004 and is based in North Las Vegas, Nevada.
Xsovt Brands Inc (XSVT) - Net Assets
Latest net assets as of December 2023: $-2.99 Million USD
Based on the latest financial reports, Xsovt Brands Inc (XSVT) has net assets worth $-2.99 Million USD as of December 2023.
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 ($4.38 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 | $-2.99 Million |
| % of Total Assets | -215.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Xsovt Brands Inc - Net Assets Trend (2007–2023)
This chart illustrates how Xsovt 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 Xsovt Brands Inc (2007–2023)
The table below shows the annual net assets of Xsovt Brands Inc from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-2.99 Million | -2248.83% |
| 2010-12-31 | $-127.42K | -25.65% |
| 2009-12-31 | $-101.40K | -53.49% |
| 2008-12-31 | $-66.07K | -183.43% |
| 2007-12-31 | $79.18K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xsovt 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 685703800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $72.30K | % |
| Other Comprehensive Income | $-72.30K | % |
| Other Components | $4.25 Million | % |
| Total Equity | $-2.99 Million | 100.00% |
Xsovt Brands Inc Competitors by Market Cap
The table below lists competitors of Xsovt Brands Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
$1.80K |
|
Sable Exploration and Mining Ltd
JSE:SXM
|
$1.80K |
|
Adagio 2 Capital Inc.
V:ADAD-P
|
$1.80K |
|
Pilipinas Shell Petroleum Corp
PSE:SHLPH
|
$1.81K |
|
B92
LSE:B90
|
$1.80K |
|
PlantFuel Life Inc
PINK:PLFLF
|
$1.80K |
|
Kool2play SA
WAR:K2P
|
$1.79K |
|
Kelyniam Global Inc
PINK:KLYG
|
$1.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xsovt Brands Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2023, total equity changed from -127,416 to -2,992,779, a change of -2,865,363.
- Net loss of 1,382,707 reduced equity.
- Other comprehensive income decreased equity by 72,301.
- Other factors decreased equity by 1,410,355.
Equity Change Factors (2010 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.38 Million | -46.2% |
| Other Comprehensive Income | $-72.30K | -2.42% |
| Other Changes | $-1.41 Million | -47.13% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Xsovt 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 |
|---|---|---|---|
| 2007-12-31 | $0.21 | $0.20 | x |
| 2008-12-31 | $-0.16 | $0.20 | x |
| 2009-12-31 | $-0.23 | $0.20 | x |
| 2010-12-31 | $-0.29 | $0.20 | x |
| 2023-12-31 | $-0.05 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xsovt 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: -93.80%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-60.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -301.59% | 0.00% | 0.00x | 1.05x | $-246.73K |
| 2008 | 0.00% | -31446.47% | 1.00x | 0.00x | $-233.64K |
| 2009 | 0.00% | -5745.69% | 0.64x | 0.00x | $-25.20K |
| 2010 | 0.00% | -17149.05% | 0.72x | 0.00x | $-23.27K |
| 2023 | 0.00% | -93.80% | 1.06x | 0.00x | $-1.08 Million |
Industry Comparison
This section compares Xsovt Brands Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xsovt Brands Inc (XSVT) | $-2.99 Million | -301.59% | N/A | $1.80K |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |