LiqTech International Inc
LiqTech International, Inc., a clean technology company, manufactures and markets specialized filtration products and systems in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates through three segments: Water, Ceramics, and Plastics. The company also manufactures and sells silicon carbide ceramic filtration technologies for liquid and gas purification; and diesel pa… Read more
LiqTech International Inc (LIQT) - Net Assets
Latest net assets as of September 2025: $12.78 Million USD
Based on the latest financial reports, LiqTech International Inc (LIQT) has net assets worth $12.78 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 ($30.30 Million) and total liabilities ($17.52 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 | $12.78 Million |
| % of Total Assets | 42.17% |
| Annual Growth Rate | 73.02% |
| 5-Year Change | -32.9% |
| 10-Year Change | -26.2% |
| Growth Volatility | 118.22 |
LiqTech International Inc - Net Assets Trend (2008–2024)
This chart illustrates how LiqTech International 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 LiqTech International Inc (2008–2024)
The table below shows the annual net assets of LiqTech International Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.65 Million | -3.60% |
| 2023-12-31 | $17.28 Million | -25.88% |
| 2022-12-31 | $23.31 Million | +82.46% |
| 2021-12-31 | $12.77 Million | -48.53% |
| 2020-12-31 | $24.82 Million | +7.88% |
| 2019-12-31 | $23.01 Million | +169.40% |
| 2018-12-31 | $8.54 Million | +23.55% |
| 2017-12-31 | $6.91 Million | +10.25% |
| 2016-12-31 | $6.27 Million | -72.22% |
| 2015-12-31 | $22.57 Million | -16.31% |
| 2014-12-31 | $26.97 Million | +78.17% |
| 2013-12-31 | $15.13 Million | +3.99% |
| 2012-12-31 | $14.55 Million | +115.82% |
| 2011-12-31 | $6.74 Million | +60584.52% |
| 2010-12-31 | $-11.15K | -64.42% |
| 2009-12-31 | $-6.78K | -362.63% |
| 2008-12-31 | $2.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to LiqTech International 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 8618602000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.47K | 0.06% |
| Other Comprehensive Income | $-6.36 Million | -38.20% |
| Other Components | $109.27 Million | 656.14% |
| Total Equity | $16.65 Million | 100.00% |
LiqTech International Inc Competitors by Market Cap
The table below lists competitors of LiqTech International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arthavest Tbk
JK:ARTA
|
$11.66 Million |
|
Y. T. Realty Group Limited
PINK:YTRGF
|
$11.66 Million |
|
PT Charlie Hospital Semarang Tbk
JK:RSCH
|
$11.66 Million |
|
Workhorse Group Inc
NASDAQ:WKHS
|
$11.67 Million |
|
IT Link
PA:ALITL
|
$11.65 Million |
|
Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO
TO:BEK-B
|
$11.65 Million |
|
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company
AT:IKTIN
|
$11.65 Million |
|
Medifron DBT Co. Ltd
KQ:065650
|
$11.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LiqTech International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,276,016 to 16,654,092, a change of -621,924 (-3.6%).
- Net loss of 10,345,258 reduced equity.
- New share issuances of 9,922,063 increased equity.
- Other comprehensive income decreased equity by 758,223.
- Other factors increased equity by 559,494.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.35 Million | -62.12% |
| Share Issuances | $9.92 Million | +59.58% |
| Other Comprehensive Income | $-758.22K | -4.55% |
| Other Changes | $559.49K | +3.36% |
| Total Change | $- | -3.60% |
Book Value vs Market Value Analysis
This analysis compares LiqTech International 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: 0.60x
- 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 decreased from 78.69x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.02 | $1.58 | x |
| 2009-12-31 | $-0.01 | $1.58 | x |
| 2010-12-31 | $-0.04 | $1.58 | x |
| 2011-12-31 | $13.35 | $1.58 | x |
| 2012-12-31 | $19.66 | $1.58 | x |
| 2013-12-31 | $19.35 | $1.58 | x |
| 2014-12-31 | $26.63 | $1.58 | x |
| 2015-12-31 | $19.62 | $1.58 | x |
| 2016-12-31 | $5.45 | $1.58 | x |
| 2017-12-31 | $5.32 | $1.58 | x |
| 2018-12-31 | $4.28 | $1.58 | x |
| 2019-12-31 | $9.36 | $1.58 | x |
| 2020-12-31 | $9.36 | $1.58 | x |
| 2021-12-31 | $4.74 | $1.58 | x |
| 2022-12-31 | $5.27 | $1.58 | x |
| 2023-12-31 | $3.04 | $1.58 | x |
| 2024-12-31 | $2.64 | $1.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LiqTech International 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): -62.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -70.84%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.95x
- Recent ROE (-62.12%) is above the historical average (-76.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -579.63% | 0.00% | 0.00x | 3.80x | $-15.22K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.68K |
| 2010 | 0.00% | -0.04% | 2860.83x | 0.00x | $-5.51K |
| 2011 | 13.65% | 4.33% | 1.18x | 2.68x | $245.49K |
| 2012 | -19.10% | -16.39% | 0.89x | 1.31x | $-4.23 Million |
| 2013 | -31.95% | -37.63% | 0.63x | 1.34x | $-6.34 Million |
| 2014 | -11.38% | -21.06% | 0.46x | 1.17x | $-5.76 Million |
| 2015 | -9.79% | -13.98% | 0.56x | 1.24x | $-4.47 Million |
| 2016 | -261.88% | -118.07% | 1.22x | 1.82x | $-17.05 Million |
| 2017 | -64.52% | -39.32% | 0.97x | 1.69x | $-5.15 Million |
| 2018 | -44.67% | -31.19% | 0.93x | 1.54x | $-4.67 Million |
| 2019 | 0.17% | 0.12% | 0.85x | 1.68x | $-2.26 Million |
| 2020 | -39.52% | -43.54% | 0.53x | 1.70x | $-12.29 Million |
| 2021 | -87.10% | -60.89% | 0.41x | 3.53x | $-12.40 Million |
| 2022 | -60.79% | -88.65% | 0.40x | 1.72x | $-16.50 Million |
| 2023 | -49.61% | -47.61% | 0.50x | 2.08x | $-10.30 Million |
| 2024 | -62.12% | -70.84% | 0.45x | 1.95x | $-12.01 Million |
Industry Comparison
This section compares LiqTech International Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LiqTech International Inc (LIQT) | $12.78 Million | -579.63% | 1.37x | $11.66 Million |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |