Aqua Metals Inc
Aqua Metals, Inc. engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries. Its AquaRefining, a low-emissions and recycling technology that replaces polluting … Read more
Aqua Metals Inc (AQMS) - Net Assets
Latest net assets as of September 2025: $6.52 Million USD
Based on the latest financial reports, Aqua Metals Inc (AQMS) has net assets worth $6.52 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 ($10.50 Million) and total liabilities ($3.98 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 | $6.52 Million |
| % of Total Assets | 62.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | -47.83% |
| 10-Year Change | -51.75% |
| Growth Volatility | 31.74 |
Aqua Metals Inc - Net Assets Trend (2014–2024)
This chart illustrates how Aqua Metals Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aqua Metals Inc (2014–2024)
The table below shows the annual net assets of Aqua Metals Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.24 Million | -37.68% |
| 2023-12-31 | $26.06 Million | +24.61% |
| 2022-12-31 | $20.92 Million | -24.03% |
| 2021-12-31 | $27.53 Million | -11.58% |
| 2020-12-31 | $31.14 Million | -37.21% |
| 2019-12-31 | $49.59 Million | -1.00% |
| 2018-12-31 | $50.09 Million | -15.05% |
| 2017-12-31 | $58.97 Million | +3.47% |
| 2016-12-31 | $56.99 Million | +69.28% |
| 2015-12-31 | $33.67 Million | +4475.76% |
| 2014-12-31 | $-769.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aqua Metals 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 24539624900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.00K | 0.05% |
| Other Components | $264.01 Million | 1625.25% |
| Total Equity | $16.24 Million | 100.00% |
Aqua Metals Inc Competitors by Market Cap
The table below lists competitors of Aqua Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caravelle International Group Ordinary Shares
NASDAQ:CACO
|
$12.08 Million |
|
Partner Tech Corp.
TWO:3097
|
$12.08 Million |
|
Obzen Inc.
KQ:417860
|
$12.09 Million |
|
Kunming Longjin Pharmaceutical Co Ltd
SHE:002750
|
$12.09 Million |
|
Cengild Medical Berhad
KLSE:0243
|
$12.07 Million |
|
Micropac Industries Inc
PINK:MPAD
|
$12.06 Million |
|
Nasus Pharma Ltd.
NYSE MKT:NSRX
|
$12.06 Million |
|
Tugcelik Aluminyum ve Metal
IS:TUCLK
|
$12.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aqua Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,064,000 to 16,244,000, a change of -9,820,000 (-37.7%).
- Net loss of 24,555,000 reduced equity.
- New share issuances of 12,320,000 increased equity.
- Other factors increased equity by 2,415,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-24.55 Million | -151.16% |
| Share Issuances | $12.32 Million | +75.84% |
| Other Changes | $2.42 Million | +14.87% |
| Total Change | $- | -37.68% |
Book Value vs Market Value Analysis
This analysis compares Aqua Metals 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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $-35.26 | $4.54 | x |
| 2015-12-31 | $4.01 | $4.54 | x |
| 2016-12-31 | $746.57 | $4.54 | x |
| 2017-12-31 | $581.13 | $4.54 | x |
| 2018-12-31 | $293.31 | $4.54 | x |
| 2019-12-31 | $189.76 | $4.54 | x |
| 2020-12-31 | $102.33 | $4.54 | x |
| 2021-12-31 | $78.66 | $4.54 | x |
| 2022-12-31 | $55.18 | $4.54 | x |
| 2023-12-31 | $55.50 | $4.54 | x |
| 2024-12-31 | $25.30 | $4.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aqua Metals 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): -151.16%
- 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: 1.62x
- Recent ROE (-151.16%) is below the historical average (-67.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.67 Million |
| 2015 | -36.63% | 0.00% | 0.00x | 1.40x | $-15.70 Million |
| 2016 | -23.79% | 0.00% | 0.00x | 1.26x | $-19.26 Million |
| 2017 | -45.08% | -1272.99% | 0.03x | 1.26x | $-32.48 Million |
| 2018 | -80.36% | -904.79% | 0.06x | 1.42x | $-45.26 Million |
| 2019 | -90.33% | -919.06% | 0.07x | 1.40x | $-49.75 Million |
| 2020 | -82.73% | -23853.70% | 0.00x | 1.13x | $-28.88 Million |
| 2021 | -66.08% | -10516.18% | 0.01x | 1.21x | $-20.95 Million |
| 2022 | -73.78% | -385775.00% | 0.00x | 1.60x | $-17.52 Million |
| 2023 | -91.84% | -95752.00% | 0.00x | 1.29x | $-26.54 Million |
| 2024 | -151.16% | 0.00% | 0.00x | 1.62x | $-26.18 Million |
Industry Comparison
This section compares Aqua Metals Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $113,340,207
- Average return on equity (ROE) among peers: -18.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aqua Metals Inc (AQMS) | $6.52 Million | 0.00% | 0.61x | $12.07 Million |
| American Battery Technology Company Common Stock (ABAT) | $-518.99K | 0.00% | 0.00x | $409.20 Million |
| Agilyx AS (AGXXF) | $7.06 Million | -311.75% | 2.48x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $65.12 Million | 0.00% | 2.26x | $5.74 Million |
| Anaergia Inc (ANRGF) | $7.17 Million | 121.67% | 44.10x | $20.51 Million |
| Avalon Holdings Corporation (AWX) | $54.20 Million | 2.21% | 0.23x | $4.90 Million |
| BacTech Environmental Corporation (BCCEF) | $-2.80 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $877.36 Million | 6.61% | 1.22x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $6.08 Million | 7.76% | 1.55x | $27.18 Million |
| BQE Water Inc (BTQNF) | $6.41 Million | 3.77% | 0.31x | $25.45 Million |