iLearningEngines, Inc. (AILEQ) - Net Assets
Based on the latest financial reports, iLearningEngines, Inc. (AILEQ) has net assets worth $2.92 Million USD as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($156.69 Million) and total liabilities ($153.76 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. Also explore iLearningEngines, Inc. net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.92 Million |
| % of Total Assets | 1.87% |
| Annual Growth Rate | 822.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 440634.2 |
iLearningEngines, Inc. - Net Assets Trend (2021–2024)
This chart illustrates how iLearningEngines, Inc.'s net assets have evolved over time, based on quarterly financial data. See net asset quality index of iLearningEngines, Inc. to measure how much of total assets are equity-financed.
Annual Net Assets for iLearningEngines, Inc. (2021–2024)
The table below shows the annual net assets of iLearningEngines, Inc. from 2021 to 2024. For live market cap and overall valuation, see market value of iLearningEngines, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $22.26 Million | -91.99% |
| 2023-06-30 | $277.84 Million | +5.12% |
| 2022-06-30 | $264.32 Million | +934682.84% |
| 2021-06-30 | $28.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to iLearningEngines, Inc.'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 5757427600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.00K | 0.04% |
| Other Components | $79.83 Million | 358.60% |
| Total Equity | $22.26 Million | 100.00% |
iLearningEngines, Inc. Competitors by Market Cap
The table below lists competitors of iLearningEngines, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rosslyn Data Technologies plc
LSE:RDT
|
$14.40K |
|
SRAX Inc
NASDAQ:SRAX
|
$14.72K |
|
CRESTVIEW EXPLORATION INC
F:CE7
|
$14.74K |
|
Distil Plc
LSE:DIS
|
$14.85K |
|
Meren Energy Inc.
TO:MER
|
$13.84K |
|
Harvest Minerals Ltd
LSE:HMI
|
$13.77K |
|
Cloudcoco Group PLC
LSE:CLCO
|
$13.75K |
|
Tongyang 3PB Preffered
KO:001529
|
$13.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iLearningEngines, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 277,840,496 to 22,260,209, a change of -255,580,287 (-92.0%).
- Net loss of 4,407,000 reduced equity.
- Share repurchases of 247,259,068 reduced equity.
- Other factors decreased equity by 3,914,219.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.41 Million | -19.8% |
| Share Repurchases | $247.26 Million | -1110.77% |
| Other Changes | $-3.91 Million | -17.58% |
| Total Change | $- | -91.99% |
Book Value vs Market Value Analysis
This analysis compares iLearningEngines, Inc.'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 0.34x 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 |
|---|---|---|---|
| 2021-06-30 | $0.00 | $0.00 | x |
| 2022-06-30 | $7.35 | $0.00 | x |
| 2023-06-30 | $7.73 | $0.00 | x |
| 2024-06-30 | $0.23 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iLearningEngines, Inc. 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): -19.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.05%
- • Asset Turnover: 8.95x
- • Equity Multiplier: 2.11x
- Recent ROE (-19.80%) is below the historical average (5964.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 23870.36% | 4.84% | 1216.43x | 4.06x | $6.85 Million |
| 2022 | 1.83% | 2.22% | 0.76x | 1.09x | $-21.59 Million |
| 2023 | 4.13% | 3.71% | 1.06x | 1.05x | $-16.32 Million |
| 2024 | -19.80% | -1.05% | 8.95x | 2.11x | $-6.63 Million |
Industry Comparison
This section compares iLearningEngines, Inc.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iLearningEngines, Inc. (AILEQ) | $2.92 Million | 23870.36% | 52.60x | $14.12K |
| Advent Technologies Holdings Inc (ADNWW) | $5.00 Million | 57.46% | 44.20x | $27.61 |
| AmpliTech Group Inc (AMPGW) | $-7.72K | 0.00% | 0.00x | $704.46 |
| Arko Corp (ARKOW) | $217.91 Million | -2.67% | 2.71x | $24.64 |
| Aris Mining Corporation (ARMN) | $245.68 Million | -1.38% | 0.83x | $3.93 Billion |
| Aberdeen Standard Global Infrastructure Income Fund (ASGI) | $482.92 Million | 1.71% | 0.01x | $472.62 Million |
| Atlas Corp (ATCOL) | $-15.71 Million | 0.00% | 0.00x | $244.80K |
| Auddia Inc (AUUDW) | $3.85 Million | -179.15% | 0.59x | $401.55 |
| BriaCell Therapeutics Corp (BCTXW) | $-2.68 Million | 0.00% | 0.00x | $8.73 |
| Blaize Holdings, Inc. Warrants (BZAIW) | $31.15 Million | -281.16% | 1.33x | $3.30 Million |
About iLearningEngines, Inc.
iLearningEngines, Inc. operates an artificial intelligence (AI) platform for learning automation. The company's AI learning and engagement platform offers a cloud-based, mobile, offline, and multimedia capabilities that is used to deliver personalized learning and engagement modules. Its platform includes Learning Experience Platform, that addresses the corporate learning market; and Information … Read more