Yellow Corporation
Yellow Corporation does not have significant operations. Previously, the company was involved in providing transportation services primarily in North America. The company primarily offered less-than-truckload (LTL) shipments and supply chain solutions to ship industrial, commercial, and retail goods. It also provided customer-specific logistics solutions, including truckload, residential, and war… Read more
Yellow Corporation (YELLQ) - Net Assets
Latest net assets as of June 2023: $-447.80 Million USD
Based on the latest financial reports, Yellow Corporation (YELLQ) has net assets worth $-447.80 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.15 Billion) and total liabilities ($2.60 Billion). 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 | $-447.80 Million |
| % of Total Assets | -20.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Yellow Corporation - Net Assets Trend (2016–2022)
This chart illustrates how Yellow Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yellow Corporation (2016–2022)
The table below shows the annual net assets of Yellow Corporation from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-381.50 Million | -4.95% |
| 2021-12-31 | $-363.50 Million | -62.79% |
| 2020-12-31 | $-223.30 Million | +49.39% |
| 2019-12-31 | $-441.20 Million | -44.42% |
| 2018-12-31 | $-305.50 Million | +13.58% |
| 2017-12-31 | $-353.50 Million | +15.06% |
| 2016-12-31 | $-416.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yellow Corporation'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 23540000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $500.00K | % |
| Other Comprehensive Income | $-229.50 Million | % |
| Other Components | $2.30 Billion | % |
| Total Equity | $-381.50 Million | 100.00% |
Yellow Corporation Competitors by Market Cap
The table below lists competitors of Yellow Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TIMKEN
BE:TKH
|
$680.99K |
|
PUBL SVCS ENTERPR
MU:PSE
|
$681.21K |
|
Alten
BE:AN3
|
$681.30K |
|
Sierra Metals Inc.
PINK:SMTSF
|
$681.75K |
|
Kindcard, Inc.
PINK:KCRD
|
$680.22K |
|
Pony Group Inc.
OTCQB:PNYG
|
$679.42K |
|
WOLTERS KLUWER (WOSB.SG)
STU:WOSB
|
$679.17K |
|
East Coast Furnitech Public Company Limited
BK:ECF
|
$679.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yellow Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -363,500,000 to -381,500,000, a change of -18,000,000.
- Net income of 21,800,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 44,900,000.
- Other factors increased equity by 5,100,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.80 Million | +5.71% |
| Other Comprehensive Income | $-44.90 Million | -11.77% |
| Other Changes | $5.10 Million | +1.34% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Yellow Corporation'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 |
|---|---|---|---|
| 2016-12-31 | $-12.60 | $0.30 | x |
| 2017-12-31 | $-10.82 | $0.30 | x |
| 2018-12-31 | $-9.02 | $0.30 | x |
| 2019-12-31 | $-13.27 | $0.30 | x |
| 2020-12-31 | $-5.36 | $0.30 | x |
| 2021-12-31 | $-7.17 | $0.30 | x |
| 2022-12-31 | $-7.30 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yellow Corporation 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: 0.42%
- • Asset Turnover: 2.30x
- • 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 |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.46% | 2.65x | 0.00x | $63.12 Million |
| 2017 | 0.00% | -0.22% | 2.73x | 0.00x | $24.55 Million |
| 2018 | 0.00% | 0.40% | 2.87x | 0.00x | $50.75 Million |
| 2019 | 0.00% | -2.13% | 2.35x | 0.00x | $-59.88 Million |
| 2020 | 0.00% | -1.19% | 2.07x | 0.00x | $-31.17 Million |
| 2021 | 0.00% | -2.13% | 2.11x | 0.00x | $-72.75 Million |
| 2022 | 0.00% | 0.42% | 2.30x | 0.00x | $59.95 Million |
Industry Comparison
This section compares Yellow Corporation's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $275,826,894
- Average return on equity (ROE) among peers: -61.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yellow Corporation (YELLQ) | $-447.80 Million | 0.00% | N/A | $680.28K |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.88 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $367.33 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.63 Million |
| EVO Transportation & Energy Services Inc (EVOA) | $-153.04K | 0.00% | 0.00x | $37.78 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.27 Billion |
| Link Reservations Inc (LRSV) | $-162.49K | 0.00% | 0.00x | $9.26 |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |