Atlantica Sustainable Infrastructure PLC
Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastru… Read more
Atlantica Sustainable Infrastructure PLC (AY) - Net Assets
Latest net assets as of September 2024: $1.44 Billion USD
Based on the latest financial reports, Atlantica Sustainable Infrastructure PLC (AY) has net assets worth $1.44 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.59 Billion) and total liabilities ($7.15 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.44 Billion |
| % of Total Assets | 16.82% |
| Annual Growth Rate | 8.7% |
| 5-Year Change | -7.35% |
| 10-Year Change | -13.63% |
| Growth Volatility | 28.58 |
Atlantica Sustainable Infrastructure PLC - Net Assets Trend (2011–2023)
This chart illustrates how Atlantica Sustainable Infrastructure 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 Atlantica Sustainable Infrastructure PLC (2011–2023)
The table below shows the annual net assets of Atlantica Sustainable Infrastructure PLC from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.59 Billion | -11.19% |
| 2022-12-31 | $1.79 Billion | +2.31% |
| 2021-12-31 | $1.75 Billion | +0.44% |
| 2020-12-31 | $1.74 Billion | +1.52% |
| 2019-12-31 | $1.71 Billion | -2.35% |
| 2018-12-31 | $1.76 Billion | -7.35% |
| 2017-12-31 | $1.90 Billion | -3.25% |
| 2016-12-31 | $1.96 Billion | -3.18% |
| 2015-12-31 | $2.02 Billion | +9.99% |
| 2014-12-31 | $1.84 Billion | +42.92% |
| 2013-12-31 | $1.29 Billion | +12.93% |
| 2012-12-31 | $1.14 Billion | +95.20% |
| 2011-12-31 | $583.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atlantica Sustainable Infrastructure 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 35152100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.62 Million | 0.82% |
| Other Comprehensive Income | $1.03 Billion | 72.13% |
| Other Components | $736.59 Million | 51.75% |
| Total Equity | $1.42 Billion | 100.00% |
Atlantica Sustainable Infrastructure PLC Competitors by Market Cap
The table below lists competitors of Atlantica Sustainable Infrastructure PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S&T Bancorp Inc
NASDAQ:STBA
|
$1.47 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
$1.48 Billion |
|
EUROCOMM.PR. CERT.10EO 10
F:N4SA
|
$1.48 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
$1.48 Billion |
|
Apollo Tyres Limited
NSE:APOLLOTYRE
|
$1.47 Billion |
|
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
F:MGYB
|
$1.47 Billion |
|
Inspire Medical Systems Inc
NYSE:INSP
|
$1.47 Billion |
|
Procept Biorobotics Corp
NASDAQ:PRCT
|
$1.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlantica Sustainable Infrastructure PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,599,871,000 to 1,423,477,000, a change of -176,394,000 (-11.0%).
- Net income of 43,380,000 contributed positively to equity growth.
- Dividend payments of 206,755,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,577,000.
- Other factors decreased equity by 40,596,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $43.38 Million | +3.05% |
| Dividends Paid | $206.75 Million | -14.52% |
| Other Comprehensive Income | $27.58 Million | +1.94% |
| Other Changes | $-40.60 Million | -2.85% |
| Total Change | $- | -11.03% |
Book Value vs Market Value Analysis
This analysis compares Atlantica Sustainable Infrastructure 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: 1.79x
- 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 1.63x to 1.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $13.51 | $21.99 | x |
| 2013-12-31 | $15.42 | $21.99 | x |
| 2014-12-31 | $21.89 | $21.99 | x |
| 2015-12-31 | $20.29 | $21.99 | x |
| 2016-12-31 | $18.29 | $21.99 | x |
| 2017-12-31 | $17.55 | $21.99 | x |
| 2018-12-31 | $16.14 | $21.99 | x |
| 2019-12-31 | $14.93 | $21.99 | x |
| 2020-12-31 | $14.77 | $21.99 | x |
| 2021-12-31 | $13.89 | $21.99 | x |
| 2022-12-31 | $13.95 | $21.99 | x |
| 2023-12-31 | $12.26 | $21.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlantica Sustainable Infrastructure 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): 3.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.94%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 6.12x
- Recent ROE (3.05%) is above the historical average (-0.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.12% | 1.25% | 0.03x | 2.96x | $-106.78 Million |
| 2013 | -0.28% | -1.62% | 0.04x | 4.61x | $-125.21 Million |
| 2014 | -1.80% | -8.72% | 0.05x | 4.55x | $-206.77 Million |
| 2015 | -11.10% | -26.43% | 0.07x | 5.63x | $-397.27 Million |
| 2016 | -0.26% | -0.50% | 0.09x | 5.62x | $-188.13 Million |
| 2017 | -6.36% | -10.86% | 0.10x | 5.97x | $-287.69 Million |
| 2018 | 2.57% | 3.98% | 0.11x | 6.13x | $-120.14 Million |
| 2019 | 4.12% | 6.14% | 0.10x | 6.40x | $-88.71 Million |
| 2020 | 1.10% | 1.67% | 0.10x | 6.51x | $-135.86 Million |
| 2021 | -0.71% | -0.90% | 0.12x | 6.32x | $-165.16 Million |
| 2022 | -0.13% | -0.19% | 0.12x | 5.69x | $-162.07 Million |
| 2023 | 3.05% | 3.94% | 0.13x | 6.12x | $-98.97 Million |
Industry Comparison
This section compares Atlantica Sustainable Infrastructure PLC's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlantica Sustainable Infrastructure PLC (AY) | $1.44 Billion | 0.12% | 4.95x | $1.47 Billion |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |