iQ International AG (IQL) - Net Assets
Based on the latest financial reports, iQ International AG (IQL) has net assets worth €-12.09 Million EUR (≈ $-14.13 Million USD) as of June 2020. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€35.73 Million ≈ $41.77 Million USD) and total liabilities (€47.82 Million ≈ $55.90 Million USD). 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. Check IQL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-12.09 Million |
| % of Total Assets | -33.84% |
| Annual Growth Rate | 188.68% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 822.02 |
iQ International AG - Net Assets Trend (2016–2018)
This chart illustrates how iQ International AG's net assets have evolved over time, based on quarterly financial data. See iQ International AG defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for iQ International AG (2016–2018)
The table below shows the annual net assets of iQ International AG from 2016 to 2018. For live valuation and market cap data, see iQ International AG (IQL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | €12.68 Million ≈ $14.83 Million |
+1593.19% |
| 2017-12-31 | €749.00K ≈ $875.66K |
-50.85% |
| 2016-12-31 | €1.52 Million ≈ $1.78 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to iQ International AG'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 2416200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €43.92 Million | 346.30% |
| Total Equity | €12.68 Million | 100.00% |
iQ International AG Competitors by Market Cap
The table below lists competitors of iQ International AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Churchill China plc
LSE:CHH
|
$454.96K |
|
SECITS Holding AB (publ)
ST:SECI
|
$458.10K |
|
Time Out Group plc
LSE:TMO
|
$461.03K |
|
Purple Biotech Ltd
TA:KTOV
|
$461.41K |
|
Enlivex Therapeutics Ltd
TA:ENLV
|
$451.85K |
|
CELLECTAR NEW22 DL-00001
F:NV4
|
$451.63K |
|
Aberdeen Diversified Income and Growth Trust PLC
LSE:ADIG
|
$450.86K |
|
EPWK Holdings Ltd. Class A
NASDAQ:EPWKF
|
$450.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iQ International AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 749,000 to 12,682,000, a change of 11,933,000 (1593.2%).
- Net loss of 27,424,000 reduced equity.
- New share issuances of 538,000 increased equity.
- Other factors increased equity by 38,819,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-27.42 Million | -216.24% |
| Share Issuances | €538.00K | +4.24% |
| Other Changes | €38.82 Million | +306.1% |
| Total Change | €- | 1593.19% |
Book Value vs Market Value Analysis
This analysis compares iQ International AG'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.
- The price-to-book ratio has decreased from 0.30x to 0.00x 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 | €0.06 | €0.02 | x |
| 2018-12-31 | €12.49 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iQ International AG 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): -216.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -469.59%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 3.48x
- Recent ROE (-216.24%) is above the historical average (-234.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -278.48% | -676.87% | 0.12x | 3.42x | €-4.40 Million |
| 2017 | -209.21% | -228.43% | 0.15x | 5.95x | €-1.64 Million |
| 2018 | -216.24% | -469.59% | 0.13x | 3.48x | €-28.69 Million |
Industry Comparison
This section compares iQ International AG's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $241,183,690,168
- Average return on equity (ROE) among peers: -1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iQ International AG (IQL) | €-12.09 Million | -278.48% | N/A | $451.96K |
| ADIENT PLC DL-001 (18I) | $2.53 Billion | 0.71% | 2.69x | $1.43 Billion |
| AETHER CATALYST SOLUT. (2QZ) | $558.50K | -83.99% | 0.37x | $37.72K |
| Fuyao Glass Industry Group Co. Ltd (4FG) | $35.69 Billion | 21.01% | 0.77x | $3.90 Billion |
| AUMOVIO N (AMV0) | $4.13 Billion | -8.06% | 4.87x | $3.91 Billion |
| Bertrandt Aktiengesellschaft (BDT) | $376.36 Million | 11.66% | 1.07x | $101.06 Million |
| Bridgestone Corporation (BGTA) | $2.34 Trillion | 12.48% | 0.68x | $21.84 Billion |
| AURRIGO INT.PLCLS-002 (CI0) | $3.52 Million | 2.04% | 1.33x | $63.45 Million |
| Continental Aktiengesellschaft (CON) | $11.02 Billion | 21.55% | 1.74x | $14.00 Billion |
| CONTINENTAL AG ADR 1/10 (CONA) | $13.73 Billion | 0.48% | 1.76x | $14.61 Billion |
| Delticom AG (DEX) | $54.29 Million | 7.51% | 2.97x | $37.45 Million |
About iQ International AG
iQ International AG designs and manufactures lead acid batteries in Switzerland, Germany, Italy, the United Arab Emirates, and internationally. It serves the automobile and other industries. The company is headquartered in Zug, Switzerland.