Montana Technologies Corporation (AIRJ) - Net Assets
Based on the latest financial reports, Montana Technologies Corporation (AIRJ) has net assets worth $286.35 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($372.73 Million) and total liabilities ($86.38 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. For live market cap and overall valuation, see Montana Technologies Corporation stock valuation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $286.35 Million |
| % of Total Assets | 76.83% |
| Annual Growth Rate | -3.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.4 |
Montana Technologies Corporation - Net Assets Trend (2021–2024)
This chart illustrates how Montana Technologies Corporation's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Montana Technologies Corporation (2021–2024)
The table below shows the annual net assets of Montana Technologies Corporation from 2021 to 2024. See Montana Technologies Corporation (AIRJ) net asset quality to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $252.11 Million | +4372.55% |
| 2023-12-31 | $-5.90 Million | -102.08% |
| 2022-12-31 | $284.10 Million | +0.72% |
| 2021-12-31 | $282.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Montana Technologies Corporation'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 20684187100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $198.53 Million | 78.75% |
| Common Stock | $5.59K | 0.00% |
| Other Components | $53.58 Million | 21.25% |
| Total Equity | $252.11 Million | 100.00% |
Montana Technologies Corporation Competitors by Market Cap
The table below lists competitors of Montana Technologies Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GNCO Co. Ltd
KQ:065060
|
$218.85 Million |
|
Ontex Group NV
BR:ONTEX
|
$218.87 Million |
|
Luca Mining Corp.
V:LUCA
|
$218.93 Million |
|
Blue Acquisition Corp. Class A Ordinary Shares
NASDAQ:BACC
|
$218.95 Million |
|
Coherus BioSciences Inc
NASDAQ:CHRS
|
$218.84 Million |
|
Kukdo Chemical
KO:007690
|
$218.79 Million |
|
MacroGenics Inc
NASDAQ:MGNX
|
$218.65 Million |
|
ALTEO ENERG.NYIL M.UF125
F:54O
|
$218.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Montana Technologies Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -5,900,704 to 252,110,324, a change of 258,011,028.
- Net income of 215,695,562 contributed positively to equity growth.
- New share issuances of 61,750,000 increased equity.
- Other factors decreased equity by 19,434,534.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $215.70 Million | +85.56% |
| Share Issuances | $61.75 Million | +24.49% |
| Other Changes | $-19.43 Million | -7.71% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Montana Technologies Corporation'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: 1.02x
- 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 0.61x to 1.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.85 | $4.79 | x |
| 2022-12-31 | $7.91 | $4.79 | x |
| 2023-12-31 | $-0.16 | $4.79 | x |
| 2024-12-31 | $4.71 | $4.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Montana Technologies Corporation 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): 85.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.47x
- Recent ROE (85.56%) is above the historical average (20.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.82% | 0.00% | 0.00x | 1.04x | $-30.52 Million |
| 2022 | -0.98% | 0.00% | 0.00x | 1.04x | $-31.20 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.79 Million |
| 2024 | 85.56% | 0.00% | 0.00x | 1.47x | $190.48 Million |
Industry Comparison
This section compares Montana Technologies Corporation's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $924,337,541
- Average return on equity (ROE) among peers: 9.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Montana Technologies Corporation (AIRJ) | $286.35 Million | -0.82% | 0.30x | $218.85 Million |
| AAON Inc (AAON) | $2.10 Million | 19.05% | 5.81x | $6.40 Billion |
| Antelope Enterprise Holdings Ltd (AEHL) | $555.23 Million | 4.36% | 0.55x | $6.19 Million |
| Apogee Enterprises Inc (APOG) | $172.10 Million | 15.22% | 1.91x | $847.67 Million |
| Alpha Pro Tech Ltd (APT) | $61.57 Million | 6.80% | 0.12x | $64.06 Million |
| Arlo Technologies (ARLO) | $112.65 Million | -49.74% | 2.08x | $1.41 Billion |
| Aspen Aerogels Inc (ASPN) | $122.47 Million | -5.24% | 0.14x | $291.74 Million |
| Armstrong World Industries Inc (AWI) | $900.70 Million | 34.27% | 1.14x | $7.42 Billion |
| Azek Company Inc (AZEK) | $1.43 Billion | 4.75% | 0.65x | $7.82 Billion |
| Builders FirstSource Inc (BLDR) | $4.96 Billion | 55.40% | 1.14x | $7.23 Billion |
About Montana Technologies Corporation
AirJoule Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company also offers solutions, such as water from air, water recovery, cooling systems, and moisture control. The company was founded in 2018 and is… Read more