Atlas Corp (ATCOL) - Net Assets
Based on the latest financial reports, Atlas Corp (ATCOL) has net assets worth $5.20 Billion USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.16 Billion) and total liabilities ($11.96 Billion). 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 Atlas Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.20 Billion |
| % of Total Assets | 30.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | 43.44% |
| 10-Year Change | 192.79% |
| Growth Volatility | 14.44 |
Atlas Corp - Net Assets Trend (2001–2024)
This chart illustrates how Atlas Corp's net assets have evolved over time, based on quarterly financial data. Also explore ATCOL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Atlas Corp (2001–2024)
The table below shows the annual net assets of Atlas Corp from 2001 to 2024. For live valuation and market cap data, see ATCOL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.20 Billion | +10.35% |
| 2023-12-31 | $4.71 Billion | +6.48% |
| 2022-12-31 | $4.43 Billion | +16.03% |
| 2021-12-31 | $3.81 Billion | +5.21% |
| 2020-12-31 | $3.63 Billion | +12.15% |
| 2019-12-31 | $3.23 Billion | +28.89% |
| 2018-12-31 | $2.51 Billion | +28.66% |
| 2017-12-31 | $1.95 Billion | +11.57% |
| 2016-12-31 | $1.75 Billion | -1.63% |
| 2015-12-31 | $1.78 Billion | +1.77% |
| 2014-12-31 | $1.75 Billion | +11.04% |
| 2013-12-31 | $1.57 Billion | +28.98% |
| 2012-12-31 | $1.22 Billion | +2.97% |
| 2011-12-31 | $1.18 Billion | +19.57% |
| 2010-12-31 | $989.74 Million | -6.59% |
| 2009-12-31 | $1.06 Billion | +41.96% |
| 2008-12-31 | $746.36 Million | -13.45% |
| 2007-12-31 | $862.33 Million | +18.93% |
| 2006-12-31 | $725.07 Million | +38.52% |
| 2005-12-31 | $523.44 Million | +5530.99% |
| 2004-12-31 | $-9.64 Million | +38.64% |
| 2003-12-31 | $-15.71 Million | +45.51% |
| 2002-12-31 | $-28.82 Million | -- |
| 2001-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atlas Corp'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 102530000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.03 Billion | 19.72% |
| Common Stock | $1.90 Million | 0.04% |
| Other Comprehensive Income | $-16.10 Million | -0.31% |
| Other Components | $4.19 Billion | 80.56% |
| Total Equity | $5.20 Billion | 100.00% |
Atlas Corp Competitors by Market Cap
The table below lists competitors of Atlas Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GEOLOGICA RESOURCE CORP.
F:862
|
$249.87K |
|
K3 Business Technology Group PLC
LSE:KBT
|
$251.34K |
|
HARVEST MINERALS LTD
F:7HM
|
$251.58K |
|
ImmuPharma PLC
LSE:IMM
|
$253.23K |
|
Cadence Minerals PLC
LSE:KDNC
|
$245.32K |
|
Cobalt Power Group Inc
V:PGP
|
$245.32K |
|
Virgin Wines UK PLC
LSE:VINO
|
$244.57K |
|
Benson Hill, Inc. Common Stock
NYSE:BHIL
|
$244.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlas Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,712,800,000 to 5,200,500,000, a change of 487,700,000 (10.3%).
- Net income of 672,300,000 contributed positively to equity growth.
- Dividend payments of 201,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $672.30 Million | +12.93% |
| Dividends Paid | $201.20 Million | -3.87% |
| Other Comprehensive Income | $1.00 Million | +0.02% |
| Other Changes | $15.60 Million | +0.3% |
| Total Change | $- | 10.35% |
Book Value vs Market Value Analysis
This analysis compares Atlas Corp'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: 0.99x
- 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 |
|---|---|---|---|
| 2002-12-31 | $-0.79 | $25.32 | x |
| 2003-12-31 | $-0.55 | $25.32 | x |
| 2004-12-31 | $-0.27 | $25.32 | x |
| 2005-12-31 | $14.38 | $25.32 | x |
| 2006-12-31 | $19.16 | $25.32 | x |
| 2007-12-31 | $16.27 | $25.32 | x |
| 2008-12-31 | $11.70 | $25.32 | x |
| 2009-12-31 | $11.52 | $25.32 | x |
| 2010-12-31 | $14.51 | $25.32 | x |
| 2011-12-31 | $17.10 | $25.32 | x |
| 2012-12-31 | $18.76 | $25.32 | x |
| 2013-12-31 | $17.89 | $25.32 | x |
| 2014-12-31 | $18.64 | $25.32 | x |
| 2015-12-31 | $17.89 | $25.32 | x |
| 2016-12-31 | $16.99 | $25.32 | x |
| 2017-12-31 | $16.58 | $25.32 | x |
| 2018-12-31 | $15.87 | $25.32 | x |
| 2019-12-31 | $14.70 | $25.32 | x |
| 2020-12-31 | $14.47 | $25.32 | x |
| 2021-12-31 | $14.35 | $25.32 | x |
| 2022-12-31 | $15.22 | $25.32 | x |
| 2023-12-31 | $23.06 | $25.32 | x |
| 2024-12-31 | $25.45 | $25.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlas Corp 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): 12.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.23%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 3.30x
- Recent ROE (12.93%) is above the historical average (4.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -53.03% | 0.09x | 0.00x | $-8.25 Million |
| 2003 | 0.00% | 37.44% | 0.08x | 0.00x | $14.68 Million |
| 2004 | 0.00% | 16.89% | 0.08x | 0.00x | $7.03 Million |
| 2005 | 2.74% | 41.17% | 0.05x | 1.24x | $-38.01 Million |
| 2006 | 4.90% | 30.01% | 0.09x | 1.81x | $-36.94 Million |
| 2007 | -1.21% | -5.22% | 0.08x | 2.99x | $-96.64 Million |
| 2008 | -26.71% | -86.90% | 0.07x | 4.42x | $-273.98 Million |
| 2009 | 13.71% | 50.86% | 0.08x | 3.46x | $39.30 Million |
| 2010 | -8.87% | -21.55% | 0.09x | 4.42x | $-186.72 Million |
| 2011 | -7.05% | -14.77% | 0.10x | 4.60x | $-201.74 Million |
| 2012 | 9.95% | 18.36% | 0.12x | 4.64x | $-551.70K |
| 2013 | 13.95% | 32.37% | 0.11x | 3.78x | $62.03 Million |
| 2014 | 4.26% | 10.38% | 0.12x | 3.38x | $-100.11 Million |
| 2015 | 11.23% | 24.34% | 0.13x | 3.42x | $21.77 Million |
| 2016 | -7.96% | -15.84% | 0.16x | 3.24x | $-313.76 Million |
| 2017 | 8.99% | 21.08% | 0.14x | 3.02x | $-19.71 Million |
| 2018 | 11.12% | 25.43% | 0.16x | 2.82x | $27.99 Million |
| 2019 | 13.58% | 38.81% | 0.14x | 2.45x | $115.83 Million |
| 2020 | 5.31% | 13.55% | 0.15x | 2.57x | $-169.96 Million |
| 2021 | 10.50% | 24.32% | 0.16x | 2.77x | $19.05 Million |
| 2022 | 14.06% | 36.66% | 0.15x | 2.55x | $179.72 Million |
| 2023 | 7.00% | 18.11% | 0.13x | 2.91x | $-141.48 Million |
| 2024 | 12.93% | 29.23% | 0.13x | 3.30x | $152.25 Million |
Industry Comparison
This section compares Atlas Corp'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 |
|---|---|---|---|---|
| Atlas Corp (ATCOL) | $5.20 Billion | 0.00% | 2.30x | $249.71K |
| Advent Technologies Holdings Inc (ADNWW) | $130.20 Million | -15.76% | 0.25x | $27.01 |
| AmpliTech Group Inc (AMPGW) | $91.07K | -845.48% | 3.88x | $751.88 |
| Arko Corp (ARKOW) | $72.92 Million | -5.21% | 3.05x | $23.76 |
| Aris Mining Corporation (ARMN) | $-623.73K | 0.00% | 0.00x | $3.93 Billion |
| Aberdeen Standard Global Infrastructure Income Fund (ASGI) | $172.37 Million | 0.00% | 0.01x | $472.62 Million |
| Auddia Inc (AUUDW) | $9.41 Million | -232.98% | 0.02x | $394.90 |
| BriaCell Therapeutics Corp (BCTXW) | $11.79 Million | -9.15% | 0.05x | $8.89 |
| Blaize Holdings, Inc. Warrants (BZAIW) | $-70.54 Million | 0.00% | 0.00x | $4.00 Million |
| Churchill Capital Corp IX Warrant (CCIXW) | $6.04K | -313.77% | 9.82x | $14.04 Million |
About Atlas Corp
Atlas Corp. operates as an asset manager and operator of containerships. It operates through two segments, Containership Leasing and Mobile Power Generation. The company, through its subsidiaries, operates as an independent charter owner and manager of containerships. The company charters its containerships under long-term and fixed-rate time charters to various container liner companies. It also… Read more