WhiteSmoke Software Ltd
WhiteSmoke Software Ltd develops English correction and writing enhancement software solutions in Israel. The company offers WhiteSmoke Writer, an English proofreading software; WhiteSmoke Toolbar, a search monetization software; online video advertising software for on desktop and mobile devices; and natural language processing software, a way for computers to analyze, understand, and derive mea… Read more
WhiteSmoke Software Ltd (WSMK) - Net Assets
Latest net assets as of June 2019: ILA2.90 Million ILA
Based on the latest financial reports, WhiteSmoke Software Ltd (WSMK) has net assets worth ILA2.90 Million ILA as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA3.75 Million) and total liabilities (ILA847.00K). 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 | ILA2.90 Million |
| % of Total Assets | 77.4% |
| Annual Growth Rate | -32.81% |
| 5-Year Change | -64.5% |
| 10-Year Change | N/A |
| Growth Volatility | 117.89 |
WhiteSmoke Software Ltd - Net Assets Trend (2009–2018)
This chart illustrates how WhiteSmoke Software Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WhiteSmoke Software Ltd (2009–2018)
The table below shows the annual net assets of WhiteSmoke Software Ltd from 2009 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | ILA1.46 Million | +197.76% |
| 2017-12-31 | ILA490.00K | -78.51% |
| 2016-12-31 | ILA2.28 Million | -77.59% |
| 2015-12-31 | ILA10.18 Million | +147.59% |
| 2014-12-31 | ILA4.11 Million | +90.72% |
| 2013-12-31 | ILA2.15 Million | +357.78% |
| 2012-12-31 | ILA-836.00K | +84.68% |
| 2011-12-31 | ILA-5.46 Million | -121.87% |
| 2010-12-31 | ILA24.95 Million | -52.28% |
| 2009-12-31 | ILA52.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WhiteSmoke Software Ltd'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 grown by 5820600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA19.94 Million | 1366.48% |
| Total Equity | ILA1.46 Million | 100.00% |
WhiteSmoke Software Ltd Competitors by Market Cap
The table below lists competitors of WhiteSmoke Software Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LleidaNetworks Serveis Telemàtics S.A
OTCQX:LLEIF
|
$8.98 Million |
|
Iterum Therapeutics PLC
NASDAQ:ITRM
|
$8.98 Million |
|
Nova Leap Health Corp
OTCQX:NVLPF
|
$8.98 Million |
|
Javelin Minerals Ltd
AU:JAV
|
$8.98 Million |
|
Quetta Acquisition Corporation Common Stock
NASDAQ:QETA
|
$8.98 Million |
|
Parkson Retail Group Limited
F:P5IB
|
$8.98 Million |
|
Fidelix Co. Ltd
KQ:032580
|
$8.98 Million |
|
Blum Holdings Inc
OTCQB:BLMH
|
$8.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WhiteSmoke Software Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 490,000 to 1,459,000, a change of 969,000 (197.8%).
- Net loss of 552,000 reduced equity.
- Other factors increased equity by 1,521,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-552.00K | -37.83% |
| Other Changes | ILA1.52 Million | +104.25% |
| Total Change | ILA- | 197.76% |
Book Value vs Market Value Analysis
This analysis compares WhiteSmoke Software Ltd'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently WhiteSmoke Software Ltd 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): -37.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.51%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.24x
- Recent ROE (-37.83%) is below the historical average (-30.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 38.20% | 76.96% | 0.09x | 5.64x | ILA7.99 Million |
| 2010 | -205.98% | -322.71% | 0.04x | 16.71x | ILA-14.59 Million |
| 2011 | 0.00% | -1586.69% | 6.22x | 0.00x | ILA-25.32 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | ILA2.01 Million |
| 2013 | 331.79% | 9.57% | 5.05x | 6.87x | ILA6.93 Million |
| 2014 | 59.05% | 4.15% | 4.35x | 3.27x | ILA2.02 Million |
| 2015 | -106.99% | -84.49% | 0.82x | 1.55x | ILA-11.90 Million |
| 2016 | -17.98% | -25.55% | 0.21x | 3.37x | ILA-638.02K |
| 2017 | -361.63% | -160.36% | 0.17x | 13.19x | ILA-1.82 Million |
| 2018 | -37.83% | -66.51% | 0.25x | 2.24x | ILA-697.90K |
Industry Comparison
This section compares WhiteSmoke Software Ltd's net assets metrics with peer companies in the Financial Technology (Fintech) & Infrastructure industry.
No peer company data available for comparison.