ZipLink Inc
This record represents the public shell of ZipLink, Inc. In November 2000, ZipLink, Inc. suspended its operations and announced the lay off of substantially all of its employees except those necessary to wind down operations. Ziplink, Inc. operated as a wholesale connectivity provider in North America for the Business-to-Business marketplace, including Internet service providers, competitive loca… Read more
ZipLink Inc (ZIPL) - Net Assets
Latest net assets as of September 2000: $11.07 Million USD
Based on the latest financial reports, ZipLink Inc (ZIPL) has net assets worth $11.07 Million USD as of September 2000.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.98 Million) and total liabilities ($24.91 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 | $11.07 Million |
| % of Total Assets | 30.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ZipLink Inc - Net Assets Trend (1997–1999)
This chart illustrates how ZipLink 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 ZipLink Inc (1997–1999)
The table below shows the annual net assets of ZipLink Inc from 1997 to 1999.
| Year | Net Assets | Change |
|---|---|---|
| 1999-12-31 | $27.30 Million | +250.83% |
| 1998-12-31 | $-18.10 Million | -85.67% |
| 1997-12-31 | $-9.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZipLink 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 3330000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 1999)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.05% |
| Other Components | $60.59 Million | 221.93% |
| Total Equity | $27.30 Million | 100.00% |
ZipLink Inc Competitors by Market Cap
The table below lists competitors of ZipLink Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fitvia Corp
PINK:BRZV
|
$0.99 |
|
Universal Tracking Solutions Inc
PINK:UTRK
|
$0.99 |
|
LCTI Low Carbon Technologies International Inc
PINK:LWCTF
|
$0.99 |
|
WellTek Incorporated
PINK:WTKN
|
$0.99 |
|
Response Genetics Inc
PINK:RGDXQ
|
$0.99 |
|
Idglobal Corp
PINK:IDGC
|
$0.99 |
|
Foodfest Intl 2000
PINK:FDFT
|
$0.99 |
|
Buzz Technologies Inc
PINK:BZTG
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZipLink Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 1998 to 1999, total equity changed from -18,100,000 to 27,300,000, a change of 45,400,000.
- Net loss of 9,300,000 reduced equity.
- Share repurchases of 49,521,029 reduced equity.
- Other factors increased equity by 104,221,029.
Equity Change Factors (1998 to 1999)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.30 Million | -34.07% |
| Share Repurchases | $49.52 Million | -181.4% |
| Other Changes | $104.22 Million | +381.76% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ZipLink 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
- Current price-to-book ratio: 0.00x
- 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 |
|---|---|---|---|
| 1997-12-31 | $0.00 | $0.00 | x |
| 1998-12-31 | $-2.01 | $0.00 | x |
| 1999-12-31 | $2.52 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZipLink 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): -34.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -73.23%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.41x
- Recent ROE (-34.07%) is below the historical average (-11.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -128.13% | 0.40x | 0.00x | $-5.73 Million |
| 1998 | 0.00% | -118.31% | 0.63x | 0.00x | $-6.59 Million |
| 1999 | -34.07% | -73.23% | 0.33x | 1.41x | $-12.03 Million |
Industry Comparison
This section compares ZipLink Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZipLink Inc (ZIPL) | $11.07 Million | 0.00% | 2.25x | $0.99 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |