Varsav Game Studios S.A.
Varsav Game Studios S.A. operates in various business sectors.
Varsav Game Studios S.A. (VAR) - Net Assets
Latest net assets as of June 2024: zł9.58 Million PLN
Based on the latest financial reports, Varsav Game Studios S.A. (VAR) has net assets worth zł9.58 Million PLN as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł15.17 Million) and total liabilities (zł5.59 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 | zł9.58 Million |
| % of Total Assets | 63.15% |
| Annual Growth Rate | 8.94% |
| 5-Year Change | -3.3% |
| 10-Year Change | N/A |
| Growth Volatility | 26.67 |
Varsav Game Studios S.A. - Net Assets Trend (2016–2022)
This chart illustrates how Varsav Game Studios S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Varsav Game Studios S.A. (2016–2022)
The table below shows the annual net assets of Varsav Game Studios S.A. from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | zł7.01 Million | -26.42% |
| 2021-12-31 | zł9.52 Million | -17.79% |
| 2020-12-31 | zł11.58 Million | +19.96% |
| 2019-12-31 | zł9.66 Million | +33.26% |
| 2018-12-31 | zł7.25 Million | +15.93% |
| 2017-12-31 | zł6.25 Million | +49.05% |
| 2016-12-31 | zł4.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Varsav Game Studios S.A.'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 256.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | zł12.65 Million | 180.51% |
| Total Equity | zł7.01 Million | 100.00% |
Varsav Game Studios S.A. Competitors by Market Cap
The table below lists competitors of Varsav Game Studios S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kbridge Energy Corp
PINK:BMMCF
|
$880.54 |
|
Media Sentiment Inc
PINK:MSEZ
|
$880.74 |
|
Ferronoux Holdings Inc
PSE:FERRO
|
$881.03 |
|
4 Less Group Inc
PINK:FLES
|
$881.18 |
|
Impact Fusion International Inc
PINK:IFUS
|
$877.89 |
|
PMAM3F
SA:PMAM3F
|
$877.70 |
|
Mid Wynd International Investment Trust plc
LSE:MWY
|
$877.11 |
|
Guinness VCT PLC
LSE:GVCT
|
$876.73 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Varsav Game Studios S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 9,522,074 to 7,006,108, a change of -2,515,966 (-26.4%).
- Net loss of 2,500,693 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-2.50 Million | -35.69% |
| Other Changes | zł-15.27K | -0.22% |
| Total Change | zł- | -26.42% |
Book Value vs Market Value Analysis
This analysis compares Varsav Game Studios S.A.'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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.82x to 1.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | zł0.48 | zł0.40 | x |
| 2020-12-31 | zł0.58 | zł0.40 | x |
| 2021-12-31 | zł0.47 | zł0.40 | x |
| 2022-12-31 | zł0.35 | zł0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Varsav Game Studios S.A. 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): -35.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -247.03%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.56x
- Recent ROE (-35.69%) is below the historical average (-12.30%), 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 | -4.52% | -36.55% | 0.10x | 1.25x | zł-608.82K |
| 2017 | -24.43% | -217.89% | 0.10x | 1.08x | zł-2.15 Million |
| 2018 | -41.46% | -1331.65% | 0.03x | 1.06x | zł-3.73 Million |
| 2019 | 23.83% | 56.00% | 0.40x | 1.06x | zł1.34 Million |
| 2020 | 15.70% | 49.17% | 0.30x | 1.07x | zł660.18K |
| 2021 | -19.54% | -215.73% | 0.06x | 1.40x | zł-2.81 Million |
| 2022 | -35.69% | -247.03% | 0.09x | 1.56x | zł-3.20 Million |
Industry Comparison
This section compares Varsav Game Studios S.A.'s net assets metrics with peer companies in the same industry.
No peer company data available for comparison.