ICTS International N.V
ICTS International N.V. provides airport security and other aviation services, and authentication technology services in the Netherlands, Germany, the United States of America, Spain, and internationally. It offers aviation security services, including security screening, behavior detection on crowds and queues, perimeter guarding/ patrolling, CCTV surveillance and/or alarm resolution, and vehicl… Read more
ICTS International N.V (ICTSF) - Net Assets
Latest net assets as of December 2024: $84.33 Million USD
Based on the latest financial reports, ICTS International N.V (ICTSF) has net assets worth $84.33 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($185.78 Million) and total liabilities ($101.45 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 | $84.33 Million |
| % of Total Assets | 45.39% |
| Annual Growth Rate | 4.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 53.81 |
ICTS International N.V - Net Assets Trend (2000–2024)
This chart illustrates how ICTS International N.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ICTS International N.V (2000–2024)
The table below shows the annual net assets of ICTS International N.V from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $84.33 Million | -7.25% |
| 2023-12-31 | $90.92 Million | +14.20% |
| 2022-12-31 | $79.61 Million | -5.94% |
| 2021-12-31 | $84.65 Million | +377.66% |
| 2020-12-31 | $-30.48 Million | +14.57% |
| 2019-12-31 | $-35.69 Million | -2.38% |
| 2018-12-31 | $-34.86 Million | -30.34% |
| 2017-12-31 | $-26.74 Million | +20.12% |
| 2016-12-31 | $-33.48 Million | +20.69% |
| 2015-12-31 | $-42.21 Million | -8.06% |
| 2014-12-31 | $-39.06 Million | +3.21% |
| 2013-12-31 | $-40.36 Million | -10.00% |
| 2012-12-31 | $-36.69 Million | -32.85% |
| 2011-12-31 | $-27.61 Million | -8.15% |
| 2010-12-31 | $-25.53 Million | -39.61% |
| 2009-12-31 | $-18.29 Million | +20.36% |
| 2008-12-31 | $-22.96 Million | -11.43% |
| 2007-12-31 | $-20.61 Million | -8.46% |
| 2006-12-31 | $-19.00 Million | -269.11% |
| 2005-12-31 | $-5.15 Million | -123.94% |
| 2004-12-31 | $21.51 Million | -54.20% |
| 2003-12-31 | $46.96 Million | -23.49% |
| 2002-12-31 | $61.38 Million | +62.23% |
| 2001-12-31 | $37.83 Million | +37.70% |
| 2000-12-31 | $27.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ICTS International N.V'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 641.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $29.14 Million | % |
| Total Equity | $-6.53 Million | 100.00% |
ICTS International N.V Competitors by Market Cap
The table below lists competitors of ICTS International N.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atende S.A.
WAR:ATD
|
$14.79 Million |
|
Netgem S.A.
LSE:0N9W
|
$14.79 Million |
|
Roscan Gold Corp
OTCQB:RCGCF
|
$14.79 Million |
|
Harvard Apparatus Regenerative Technology Inc.
OTCQB:HRGN
|
$14.80 Million |
|
Bookook Steel
KO:026940
|
$14.79 Million |
|
Hannet Co. Ltd
KQ:052600
|
$14.79 Million |
|
Ewein Bhd
KLSE:7249
|
$14.79 Million |
|
Greenidge Generation Holdings Inc
NASDAQ:GREE
|
$14.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICTS International N.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,071,000 to -6,531,000, a change of -2,460,000.
- Net loss of 4,232,000 reduced equity.
- Dividend payments of 3,248,000 reduced retained earnings.
- Other factors increased equity by 5,020,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.23 Million | -64.8% |
| Dividends Paid | $3.25 Million | -49.73% |
| Other Changes | $5.02 Million | +76.86% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ICTS International N.V'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $4.00 | x |
| 2016-12-31 | $0.00 | $4.00 | x |
| 2017-12-31 | $-1.28 | $4.00 | x |
| 2018-12-31 | $-1.39 | $4.00 | x |
| 2019-12-31 | $-0.96 | $4.00 | x |
| 2020-12-31 | $-0.77 | $4.00 | x |
| 2021-12-31 | $-0.15 | $4.00 | x |
| 2022-12-31 | $-0.29 | $4.00 | x |
| 2023-12-31 | $-0.11 | $4.00 | x |
| 2024-12-31 | $-0.17 | $4.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICTS International N.V 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.88%
- • Asset Turnover: 2.60x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (11.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.95% | 0.74% | 1.89x | 2.83x | $-1.66 Million |
| 2001 | 69.35% | 12.37% | 2.85x | 1.97x | $22.45 Million |
| 2002 | 92.57% | 20.30% | 2.23x | 2.04x | $50.68 Million |
| 2013 | 0.00% | -2.73% | 4.31x | 0.00x | $602.60K |
| 2014 | 0.00% | 0.83% | 4.94x | 0.00x | $5.34 Million |
| 2015 | 0.00% | -2.51% | 4.42x | 0.00x | $-481.20K |
| 2016 | 0.00% | 0.92% | 5.42x | 0.00x | $5.71 Million |
| 2017 | 0.00% | 1.96% | 4.21x | 0.00x | $8.51 Million |
| 2018 | 0.00% | -3.25% | 4.68x | 0.00x | $-7.74 Million |
| 2019 | 0.00% | -2.41% | 2.70x | 0.00x | $-4.63 Million |
| 2020 | 0.00% | 1.77% | 1.77x | 0.00x | $7.30 Million |
| 2021 | 0.00% | 10.71% | 1.66x | 0.00x | $35.37 Million |
| 2022 | 0.00% | -1.45% | 1.76x | 0.00x | $-3.63 Million |
| 2023 | 0.00% | 1.64% | 2.19x | 0.00x | $7.49 Million |
| 2024 | 0.00% | -0.88% | 2.60x | 0.00x | $-3.58 Million |
Industry Comparison
This section compares ICTS International N.V's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $14,639,213,971
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ICTS International N.V (ICTSF) | $84.33 Million | 3.95% | 1.20x | $14.79 Million |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| AerSale Corp (ASLE) | $455.62 Million | 1.28% | 0.33x | $174.95 Million |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $230.30 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |