Alteration Earth PLC
Alteration Earth PLC, a special purpose acquisition company, intends to acquire business opportunities in the clean technology or clean energy sectors. The company was incorporated in 2021 and is based in London, the United Kingdom.
Alteration Earth PLC (ALTE) - Net Assets
Latest net assets as of March 2024: GBX660.18K GBX
Based on the latest financial reports, Alteration Earth PLC (ALTE) has net assets worth GBX660.18K GBX as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX730.82K) and total liabilities (GBX70.65K). 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 | GBX660.18K |
| % of Total Assets | 90.33% |
| Annual Growth Rate | -23.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Alteration Earth PLC - Net Assets Trend (2022–2023)
This chart illustrates how Alteration Earth PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alteration Earth PLC (2022–2023)
The table below shows the annual net assets of Alteration Earth PLC from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | GBX796.48K | -23.41% |
| 2022-09-30 | GBX1.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alteration Earth PLC'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 27341500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | GBX1.21 Million | 152.30% |
| Total Equity | GBX796.48K | 100.00% |
Alteration Earth PLC Competitors by Market Cap
The table below lists competitors of Alteration Earth PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wildcat Petroleum Plc
LSE:WCAT
|
$274.17 |
|
Khalid Siraj Textile Mills Limited
KAR:KSTM
|
$274.46 |
|
GENETIC TECH (DU8.SG)
STU:DU8
|
$274.52 |
|
National Asset Recovery Corp
PINK:REPO
|
$274.53 |
|
Ashoka India Equity Investment Trust PLC
LSE:AIE
|
$273.04 |
|
Dundas Minerals Ltd
AU:DUN
|
$272.10 |
|
SHIMAO PPTY
MU:QHI
|
$271.88 |
|
EGUVF
PINK:EGUVF
|
$271.44 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alteration Earth PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,039,894 to 796,479, a change of -243,415 (-23.4%).
- Net loss of 273,415 reduced equity.
- Other factors increased equity by 30,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-273.42K | -34.33% |
| Other Changes | GBX30.00K | +3.77% |
| Total Change | GBX- | -23.41% |
Book Value vs Market Value Analysis
This analysis compares Alteration Earth PLC'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: 242.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 186.08x to 242.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | GBX0.06 | GBX10.75 | x |
| 2023-09-30 | GBX0.04 | GBX10.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alteration Earth PLC 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): -34.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -34.33% | 0.00% | 0.00x | 1.07x | GBX-353.06K |
Industry Comparison
This section compares Alteration Earth PLC's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $833,667
- Average return on equity (ROE) among peers: -40.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alteration Earth PLC (ALTE) | GBX660.18K | -34.33% | 0.11x | $273.76 |
| Acceler8 Ventures PLC (AC8) | $168.72K | -109.65% | 0.49x | $91.25 |
| Alkemy Capital Investments Plc (ALK) | $-824.59K | 0.00% | 0.00x | $5.48K |
| ARDANA (ARA) | $779.77K | -0.03% | 0.05x | $44.71 |
| Bay Capital PLC (BAY) | $5.12 Million | -25.54% | 0.19x | $508.89 |
| Beacon Rise Holdings PLC (BRS) | $285.17K | -0.04% | 0.25x | $274.78 |
| EARNZ plc (EARN) | $2.74 Million | -81.47% | 0.31x | $896.10 |
| Electric Guitar PLC (ELEG) | $-912.93K | 0.00% | 0.00x | $125.95 |
| Ikigai Ventures Ltd (IKIV) | $-18.49K | 0.00% | 0.00x | $1.06K |
| Inspirit Energy Holdings Plc (INSP) | $170.00K | -147.65% | 0.70x | $19.06 |