Applied Energetics
Applied Energetics, Inc. develops, manufactures, and sells advanced high-performance lasers and optical systems, and integrated guided energy systems to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights, such as laser guided energy and laser induced plasma channel technology for used in high-tech dire… Read more
Applied Energetics (AERG) - Net Assets
Latest net assets as of September 2025: $-730.18K USD
Based on the latest financial reports, Applied Energetics (AERG) has net assets worth $-730.18K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.02 Million) and total liabilities ($4.75 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 | $-730.18K |
| % of Total Assets | -18.18% |
| Annual Growth Rate | -17.57% |
| 5-Year Change | -76.93% |
| 10-Year Change | 380.73% |
| Growth Volatility | 142.51 |
Applied Energetics - Net Assets Trend (1999–2024)
This chart illustrates how Applied Energetics's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Applied Energetics (1999–2024)
The table below shows the annual net assets of Applied Energetics from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $392.75K | -75.76% |
| 2023-12-31 | $1.62 Million | -70.96% |
| 2022-12-31 | $5.58 Million | +87.92% |
| 2021-12-31 | $2.97 Million | +74.36% |
| 2020-12-31 | $1.70 Million | +158.26% |
| 2019-12-31 | $-2.92 Million | -356.25% |
| 2018-12-31 | $-640.47K | +25.68% |
| 2017-12-31 | $-861.75K | -147.70% |
| 2016-12-31 | $-347.91K | -525.85% |
| 2015-12-31 | $81.70K | +155.31% |
| 2014-12-31 | $32.00K | -96.63% |
| 2013-12-31 | $950.00K | -63.28% |
| 2012-12-31 | $2.59 Million | -58.29% |
| 2011-12-31 | $6.20 Million | -49.62% |
| 2010-12-31 | $12.31 Million | -9.82% |
| 2009-12-31 | $13.65 Million | -32.86% |
| 2008-12-31 | $20.33 Million | -20.77% |
| 2007-12-31 | $25.66 Million | -25.94% |
| 2006-12-31 | $34.65 Million | +63.20% |
| 2005-12-31 | $21.23 Million | +194.19% |
| 2004-12-31 | $7.22 Million | +454.47% |
| 2002-12-31 | $-2.04 Million | -129.16% |
| 2001-12-31 | $6.98 Million | -63.65% |
| 2000-12-31 | $19.21 Million | -60.97% |
| 1999-12-31 | $49.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Applied Energetics'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 2853.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $120.38 Million | 30651.28% |
| Total Equity | $392.75K | 100.00% |
Applied Energetics Competitors by Market Cap
The table below lists competitors of Applied Energetics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hsin Tai Gas Co Ltd
TWO:8917
|
$135.08 Million |
|
Smartgiant Technology Co. Ltd. A
SHG:688115
|
$135.12 Million |
|
ATAL SA ZY 5
F:1UY
|
$135.12 Million |
|
ATRATO ONS.ENERGY LS -01
F:L5M
|
$135.14 Million |
|
Blue Jet Healthcare Limited
NSE:BLUEJET
|
$134.93 Million |
|
Silver Mines Limited
PINK:SLVMF
|
$134.90 Million |
|
RANPAK HLD. CL.A DL-0001
F:0ZA
|
$134.88 Million |
|
0NXA
LSE:0NXA
|
$134.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Applied Energetics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,620,086 to 392,747, a change of -1,227,339 (-75.8%).
- Net loss of 9,174,958 reduced equity.
- New share issuances of 4,171,601 increased equity.
- Other factors increased equity by 3,776,018.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.17 Million | -2336.1% |
| Share Issuances | $4.17 Million | +1062.16% |
| Other Changes | $3.78 Million | +961.44% |
| Total Change | $- | -75.76% |
Book Value vs Market Value Analysis
This analysis compares Applied Energetics'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: 392.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 7.09x to 392.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.10 | $0.72 | x |
| 2005-12-31 | $0.30 | $0.72 | x |
| 2006-12-31 | $0.46 | $0.72 | x |
| 2007-12-31 | $0.32 | $0.72 | x |
| 2008-12-31 | $0.25 | $0.72 | x |
| 2009-12-31 | $0.16 | $0.72 | x |
| 2010-12-31 | $0.14 | $0.72 | x |
| 2011-12-31 | $0.07 | $0.72 | x |
| 2012-12-31 | $0.03 | $0.72 | x |
| 2013-12-31 | $0.01 | $0.72 | x |
| 2014-12-31 | $0.00 | $0.72 | x |
| 2015-12-31 | $0.00 | $0.72 | x |
| 2016-12-31 | $0.00 | $0.72 | x |
| 2017-12-31 | $-0.01 | $0.72 | x |
| 2018-12-31 | $0.00 | $0.72 | x |
| 2019-12-31 | $-0.01 | $0.72 | x |
| 2020-12-31 | $0.01 | $0.72 | x |
| 2021-12-31 | $0.01 | $0.72 | x |
| 2022-12-31 | $0.03 | $0.72 | x |
| 2023-12-31 | $0.01 | $0.72 | x |
| 2024-12-31 | $0.00 | $0.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Applied Energetics 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): -2336.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -378.10%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 5.27x
- Recent ROE (-2336.10%) is below the historical average (-494.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -149.20% | -3296.33% | 0.04x | 1.29x | $-1.51 Million |
| 2014 | -2246.33% | -2318.79% | 0.07x | 13.25x | $-722.03K |
| 2015 | -274.05% | 0.00% | 0.00x | 1.68x | $-232.02K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-457.81K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-703.87K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.94 Million |
| 2019 | 0.00% | -55563.39% | 0.00x | 0.00x | $-5.26 Million |
| 2020 | -189.76% | -1836.34% | 0.04x | 2.72x | $-3.40 Million |
| 2021 | -182.78% | -2841.71% | 0.04x | 1.65x | $-5.72 Million |
| 2022 | -103.47% | -441.34% | 0.19x | 1.21x | $-6.33 Million |
| 2023 | -453.71% | -279.33% | 0.74x | 2.19x | $-7.51 Million |
| 2024 | -2336.10% | -378.10% | 1.17x | 5.27x | $-9.21 Million |
Industry Comparison
This section compares Applied Energetics's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $13,074,157,732
- Average return on equity (ROE) among peers: -22.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Applied Energetics (AERG) | $-730.18K | -149.20% | N/A | $135.01 Million |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |