ARK REST CORP
ARK REST CORP operates in Diversified Metals & Mining.
ARK REST CORP (AQX) - Net Assets
Latest net assets as of June 2024: €49.25 Million EUR
Based on the latest financial reports, ARK REST CORP (AQX) has net assets worth €49.25 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€166.53 Million) and total liabilities (€117.28 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 | €49.25 Million |
| % of Total Assets | 29.57% |
| Annual Growth Rate | 2.78% |
| 5-Year Change | 21.11% |
| 10-Year Change | N/A |
| Growth Volatility | 17.02 |
ARK REST CORP - Net Assets Trend (2016–2023)
This chart illustrates how ARK REST 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 ARK REST CORP (2016–2023)
The table below shows the annual net assets of ARK REST CORP from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €51.72 Million | -13.97% |
| 2022-09-30 | €60.12 Million | +16.84% |
| 2021-09-30 | €51.45 Million | +38.49% |
| 2020-09-30 | €37.15 Million | -13.00% |
| 2019-09-30 | €42.71 Million | -2.35% |
| 2018-09-30 | €43.74 Million | +3.05% |
| 2017-09-30 | €42.44 Million | -0.62% |
| 2016-09-30 | €42.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ARK REST 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 grown by 32.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €36.09 Million | 71.77% |
| Other Components | €14.20 Million | 28.23% |
| Total Equity | €50.29 Million | 100.00% |
ARK REST CORP Competitors by Market Cap
The table below lists competitors of ARK REST CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DT REAL ESTATE (DRE2.SG)
STU:DRE2
|
$128.75K |
|
Sparinv Virksomhedsobligationer HY KortA
CO:SPIVHYKORTKLA
|
$128.92K |
|
Kayne Anderson BDC, Inc.
NYSE:KBDC
|
$129.01K |
|
Selected Investments Bonds
CO:SIIBO
|
$129.09K |
|
TWOCF
OTCGREY:TWOCF
|
$128.55K |
|
Bukit Jalil Global Acquisition 1 Ltd. Warrants
NASDAQ:BUJAW
|
$128.51K |
|
ALTIRA N - Dusseldorf Stock Exchang
DU:A7A
|
$128.50K |
|
SAFE + GREEN HOLD. DL-01
F:90S1
|
$128.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ARK REST CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 59,800,000 to 50,288,000, a change of -9,512,000 (-15.9%).
- Net loss of 5,928,000 reduced equity.
- Dividend payments of 2,252,000 reduced retained earnings.
- Other factors decreased equity by 1,332,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.93 Million | -11.79% |
| Dividends Paid | €2.25 Million | -4.48% |
| Other Changes | €-1.33 Million | -2.65% |
| Total Change | €- | -15.91% |
Book Value vs Market Value Analysis
This analysis compares ARK REST 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: 0.96x
- 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 1.14x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €11.80 | €13.40 | x |
| 2018-09-30 | €12.19 | €13.40 | x |
| 2019-09-30 | €11.96 | €13.40 | x |
| 2020-09-30 | €10.43 | €13.40 | x |
| 2021-09-30 | €14.20 | €13.40 | x |
| 2022-09-30 | €16.61 | €13.40 | x |
| 2023-09-30 | €13.95 | €13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARK REST 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): -11.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.21%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 3.52x
- Recent ROE (-11.79%) is below the historical average (6.74%), 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 | 10.04% | 2.68% | 2.20x | 1.70x | €16.60K |
| 2017 | 9.99% | 2.62% | 1.92x | 1.98x | €-5.40K |
| 2018 | 11.01% | 2.91% | 1.89x | 2.00x | €425.40K |
| 2019 | 6.39% | 1.65% | 1.72x | 2.26x | €-1.51 Million |
| 2020 | -12.83% | -4.40% | 0.69x | 4.20x | €-8.34 Million |
| 2021 | 25.58% | 9.78% | 0.82x | 3.20x | €7.85 Million |
| 2022 | 15.52% | 5.05% | 0.88x | 3.50x | €3.30 Million |
| 2023 | -11.79% | -3.21% | 1.04x | 3.52x | €-10.96 Million |
Industry Comparison
This section compares ARK REST CORP's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ARK REST CORP (AQX) | €49.25 Million | 10.04% | 2.38x | $128.68K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |