KWESST Micro Systems Inc. Warrant
KWESST Micro Systems Inc. engages in the development and commercialization of tactical systems for military, public safety agencies, and personal defense markets. The company offers real-time data sharing at the tactical level, including integration with battlefield management applications; battlefield laser detection systems; and digitized firing platforms and electro magnetic spectrum operation… Read more
KWESST Micro Systems Inc. Warrant (KWESW) - Net Assets
Latest net assets as of March 2025: $6.78 Million USD
Based on the latest financial reports, KWESST Micro Systems Inc. Warrant (KWESW) has net assets worth $6.78 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.59 Million) and total liabilities ($2.80 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 | $6.78 Million |
| % of Total Assets | 70.75% |
| Annual Growth Rate | 39.83% |
| 5-Year Change | -64.78% |
| 10-Year Change | N/A |
| Growth Volatility | 102.11 |
KWESST Micro Systems Inc. Warrant - Net Assets Trend (2018–2024)
This chart illustrates how KWESST Micro Systems Inc. Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KWESST Micro Systems Inc. Warrant (2018–2024)
The table below shows the annual net assets of KWESST Micro Systems Inc. Warrant from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $1.37 Million | -65.23% |
| 2023-09-30 | $3.94 Million | +492.43% |
| 2022-09-30 | $-1.00 Million | -116.38% |
| 2021-09-30 | $6.12 Million | +57.63% |
| 2020-09-30 | $3.88 Million | +1778.88% |
| 2019-09-30 | $-231.40K | -226.48% |
| 2018-09-30 | $182.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to KWESST Micro Systems Inc. Warrant'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 4256973400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $37.82 Million | 2764.24% |
| Other Comprehensive Income | $-38.52K | -2.82% |
| Other Components | $6.24 Million | 455.86% |
| Total Equity | $1.37 Million | 100.00% |
KWESST Micro Systems Inc. Warrant Competitors by Market Cap
The table below lists competitors of KWESST Micro Systems Inc. Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirae Asset Vision Special Purpose Acquisition 3 Co.
KO:448830
|
$20.42K |
|
Vincenzo Zucchi S.p.A.
LSE:0DFF
|
$20.43K |
|
SSH COMMUN SEC (XXH.SG)
STU:XXH
|
$20.43K |
|
Namunukula Plantations PLC
CM:NAMUN0000
|
$20.43K |
|
AEW UK REIT Plc
LSE:AEWU
|
$20.37K |
|
GZ BYS PHARMACE -H-
BE:GU5
|
$20.36K |
|
Holloman Energy Corp
PINK:HENC
|
$20.36K |
|
Roxmore Resources Inc.
TO:RM
|
$20.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KWESST Micro Systems Inc. Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,935,620 to 1,368,287, a change of -2,567,333 (-65.2%).
- Net loss of 7,437,759 reduced equity.
- New share issuances of 4,965,680 increased equity.
- Other comprehensive income decreased equity by 1,041,513.
- Other factors increased equity by 946,259.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.44 Million | -543.58% |
| Share Issuances | $4.97 Million | +362.91% |
| Other Comprehensive Income | $-1.04 Million | -76.12% |
| Other Changes | $946.26K | +69.16% |
| Total Change | $- | -65.23% |
Book Value vs Market Value Analysis
This analysis compares KWESST Micro Systems Inc. Warrant'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: 0.24x
- 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 increased from 0.00x to 0.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-09-30 | $42.31 | $0.04 | x |
| 2019-09-30 | $-0.93 | $0.04 | x |
| 2020-09-30 | $8.82 | $0.04 | x |
| 2021-09-30 | $9.68 | $0.04 | x |
| 2022-09-30 | $-1.37 | $0.04 | x |
| 2023-09-30 | $0.96 | $0.04 | x |
| 2024-09-30 | $0.17 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KWESST Micro Systems Inc. Warrant 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): -543.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -494.42%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 4.11x
- Recent ROE (-543.58%) is below the historical average (-152.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -45.64% | 0.00% | 0.00x | 1.10x | $-101.80K |
| 2019 | 0.00% | -225.33% | 0.73x | 0.00x | $-1.12 Million |
| 2020 | -91.04% | -410.34% | 0.16x | 1.37x | $-3.93 Million |
| 2021 | -152.12% | -730.16% | 0.15x | 1.42x | $-9.93 Million |
| 2022 | 0.00% | -1458.08% | 0.10x | 0.00x | $-10.42 Million |
| 2023 | -236.46% | -753.89% | 0.10x | 2.99x | $-9.70 Million |
| 2024 | -543.58% | -494.42% | 0.27x | 4.11x | $-7.57 Million |
Industry Comparison
This section compares KWESST Micro Systems Inc. Warrant's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KWESST Micro Systems Inc. Warrant (KWESW) | $6.78 Million | -45.64% | 0.41x | $20.42K |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |