Lilium NV (LILM) - Net Assets
Based on the latest financial reports, Lilium NV (LILM) has net assets worth $-30.41 Million USD as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($250.09 Million) and total liabilities ($280.49 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. Check Lilium NV asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-30.41 Million |
| % of Total Assets | -12.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 261.97 |
Lilium NV - Net Assets Trend (2019–2023)
This chart illustrates how Lilium NV's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Lilium NV for the complete picture of this company's asset base.
Annual Net Assets for Lilium NV (2019–2023)
The table below shows the annual net assets of Lilium NV from 2019 to 2023. For live valuation and market cap data, see LILM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $37.06 Million | -81.79% |
| 2022-12-31 | $203.50 Million | -40.58% |
| 2021-12-31 | $342.51 Million | +493.38% |
| 2020-12-31 | $57.72 Million | +339.63% |
| 2019-12-31 | $-24.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lilium NV'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 124164500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.73 Million | 15.46% |
| Other Comprehensive Income | $381.89 Million | 1030.51% |
| Other Components | $1.01 Billion | 2722.11% |
| Total Equity | $37.06 Million | 100.00% |
Lilium NV Competitors by Market Cap
The table below lists competitors of Lilium NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
$672.68K |
|
Windtree Therapeutics Inc
NASDAQ:WINT
|
$672.68K |
|
Helium One Global Ltd
LSE:HE1
|
$675.40K |
|
CaNickel Mining Ltd
V:CML
|
$678.54K |
|
SIERRA GRANDE MINERALS
F:SRR0
|
$668.22K |
|
BRAXIA SCIENTIFIC CORP.
F:4960
|
$662.37K |
|
Van Elle Holdings PLC
LSE:VANL
|
$662.19K |
|
Oxford Metrics plc
LSE:OMG
|
$659.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lilium NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 203,503,000 to 37,058,000, a change of -166,445,000 (-81.8%).
- Net loss of 389,119,000 reduced equity.
- New share issuances of 104,699,000 increased equity.
- Other comprehensive income increased equity by 104,086,000.
- Other factors increased equity by 13,889,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-389.12 Million | -1050.03% |
| Share Issuances | $104.70 Million | +282.53% |
| Other Comprehensive Income | $104.09 Million | +280.87% |
| Other Changes | $13.89 Million | +37.48% |
| Total Change | $- | -81.79% |
Book Value vs Market Value Analysis
This analysis compares Lilium NV'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: 0.02x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.08 | $0.00 | x |
| 2020-12-31 | $0.19 | $0.00 | x |
| 2021-12-31 | $1.59 | $0.00 | x |
| 2022-12-31 | $0.64 | $0.00 | x |
| 2023-12-31 | $0.07 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lilium NV 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): -1050.03%
- 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: 8.42x
- Recent ROE (-1050.03%) is below the historical average (-324.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-61.07 Million |
| 2020 | -326.44% | -194254.64% | 0.00x | 3.20x | $-194.20 Million |
| 2021 | -120.01% | -874544.68% | 0.00x | 1.26x | $-445.29 Million |
| 2022 | -124.35% | 0.00% | 0.00x | 1.42x | $-273.41 Million |
| 2023 | -1050.03% | 0.00% | 0.00x | 8.42x | $-392.82 Million |
Industry Comparison
This section compares Lilium NV's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,316,648,343
- Average return on equity (ROE) among peers: 1.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lilium NV (LILM) | $-30.41 Million | 0.00% | N/A | $671.84K |
| Archer Aviation Inc (ACHR) | $35.90 Million | -69.08% | 0.16x | $3.99 Billion |
| AAR Corp (AIR) | $196.70 Million | 5.08% | 1.01x | $4.37 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $14.96 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $203.46 Million |
| Astronics Corporation (ATRO) | $140.07 Million | 20.96% | 4.05x | $2.27 Billion |
| AeroVironment Inc (AVAV) | $34.30 Million | 33.26% | 0.89x | $9.09 Billion |
| Axon Enterprise Inc. (AXON) | $1.27 Billion | 11.60% | 1.25x | $28.25 Billion |
| The Boeing Company (BA) | $9.90 Billion | 3.97% | 1.23x | $172.93 Billion |
| Beta Technologies, Inc. (BETA) | $385.44 Million | -45.55% | 0.50x | $3.58 Billion |
| BWX Technologies Inc (BWXT) | $637.24 Million | 48.00% | 2.93x | $19.82 Billion |
About Lilium NV
Lilium N.V. engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training services, maintenance operations, material management and global distribution, flight operations support, ground service equipment, and digital solutions. … Read more