Flow Capital Corp (FW) - Net Assets
Based on the latest financial reports, Flow Capital Corp (FW) has net assets worth CA$36.71 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$86.04 Million) and total liabilities (CA$49.33 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 | CA$36.71 Million |
| % of Total Assets | 42.66% |
| Annual Growth Rate | -2.4% |
| 5-Year Change | 105.31% |
| 10-Year Change | N/A |
| Growth Volatility | 33.76 |
Flow Capital Corp - Net Assets Trend (2015–2024)
This chart illustrates how Flow Capital Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Flow Capital Corp (2015–2024)
The table below shows the annual net assets of Flow Capital Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$36.90 Million | -2.01% |
| 2023-12-31 | CA$37.65 Million | -1.27% |
| 2022-12-31 | CA$38.14 Million | +63.36% |
| 2021-12-31 | CA$23.35 Million | +29.91% |
| 2020-12-31 | CA$17.97 Million | +2.10% |
| 2019-12-31 | CA$17.60 Million | -43.55% |
| 2018-12-31 | CA$31.18 Million | +40.72% |
| 2017-12-31 | CA$22.16 Million | -33.29% |
| 2016-12-31 | CA$33.22 Million | -27.66% |
| 2015-12-31 | CA$45.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flow Capital Corp'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 1314062300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$53.03 Million | 143.73% |
| Total Equity | CA$36.90 Million | 100.00% |
Flow Capital Corp Competitors by Market Cap
The table below lists competitors of Flow Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dgenx Co. Ltd
KQ:113810
|
$17.56 Million |
|
1 Production Film Co.
TWO:8458
|
$17.56 Million |
|
Novo Resources Corp
AU:NVO
|
$17.56 Million |
|
Green Oleo S.p.A.
F:77M
|
$17.58 Million |
|
Carawine Resources Ltd
AU:CWX
|
$17.54 Million |
|
HEBEI CONSTR.GRP CORP YC1
F:H9D
|
$17.53 Million |
|
Elve S.A
AT:ELBE
|
$17.53 Million |
|
Ausom Enterprise Limited
NSE:AUSOMENT
|
$17.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flow Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,654,831 to 36,896,476, a change of -758,355 (-2.0%).
- Net loss of 852,537 reduced equity.
- Share repurchases of 585,936 reduced equity.
- New share issuances of 4,500 increased equity.
- Other factors increased equity by 675,618.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-852.54K | -2.31% |
| Share Repurchases | CA$585.94K | -1.59% |
| Share Issuances | CA$4.50K | +0.01% |
| Other Changes | CA$675.62K | +1.83% |
| Total Change | CA$- | -2.01% |
Book Value vs Market Value Analysis
This analysis compares Flow Capital Corp'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: 0.68x
- 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.
- The price-to-book ratio has decreased from 1.02x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.80 | CA$0.82 | x |
| 2018-12-31 | CA$0.72 | CA$0.82 | x |
| 2019-12-31 | CA$0.45 | CA$0.82 | x |
| 2020-12-31 | CA$0.56 | CA$0.82 | x |
| 2021-12-31 | CA$0.75 | CA$0.82 | x |
| 2022-12-31 | CA$1.22 | CA$0.82 | x |
| 2023-12-31 | CA$1.19 | CA$0.82 | x |
| 2024-12-31 | CA$1.20 | CA$0.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flow Capital Corp 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): -2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.09%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.95x
- Recent ROE (-2.31%) is above the historical average (-5.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.25% | 43.32% | 0.18x | 1.41x | CA$575.51K |
| 2016 | -32.08% | 0.00% | -0.16x | 1.49x | CA$-13.98 Million |
| 2017 | -51.23% | 0.00% | -0.24x | 1.78x | CA$-13.57 Million |
| 2018 | 9.72% | 65.96% | 0.08x | 1.82x | CA$-87.82K |
| 2019 | -64.82% | -235.37% | 0.14x | 2.01x | CA$-13.17 Million |
| 2020 | 11.81% | 20.44% | 0.27x | 2.11x | CA$324.59K |
| 2021 | 23.97% | 80.81% | 0.16x | 1.89x | CA$3.26 Million |
| 2022 | 38.05% | 186.15% | 0.13x | 1.54x | CA$10.70 Million |
| 2023 | -0.98% | -6.89% | 0.08x | 1.69x | CA$-4.13 Million |
| 2024 | -2.31% | -9.09% | 0.13x | 1.95x | CA$-4.54 Million |
Industry Comparison
This section compares Flow Capital Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $333,716,576
- Average return on equity (ROE) among peers: -16.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flow Capital Corp (FW) | CA$36.71 Million | 11.25% | 1.34x | $17.54 Million |
| Aberdeen International Inc. (AAB) | $96.08 Million | -39.36% | 0.11x | $3.49 Million |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $735.97 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $6.26 Million |
| Base Carbon Inc. (BCBN) | $52.38 Million | -2.92% | 0.01x | $67.04 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $73.00 Million | -37.91% | 0.33x | $73.38 Million |
| Canadian Banc Corp (BK) | $123.21 Million | -3.93% | 0.93x | $525.03 Million |
| Bankers Petroleum Ltd (BNK) | $14.62 Million | 13.48% | 0.95x | $17.81 Million |
| Canadian General Investments Ltd (CGI) | $533.40 Million | 17.99% | 0.28x | $784.71 Million |
| CI Financial Corp (CIX) | $1.82 Billion | 23.38% | 0.70x | $3.32 Billion |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $13.58 Million |
About Flow Capital Corp
Flow Capital Corp. is a principal investment firm specializing in venture debt investments. Firm prefer to make growth oriented investments . Firm prefer to make sector Agnostic investment Focused on growth and technology The firm prefer to invest in U.S., U.K., and Canada based companies. The firm prefers to invest between $2 million to $10 million and revenue at least $3 million in the companie… Read more