AirBoss of America Corp
AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various a… Read more
AirBoss of America Corp (ABSSF) - Net Assets
Latest net assets as of September 2025: $123.66 Million USD
Based on the latest financial reports, AirBoss of America Corp (ABSSF) has net assets worth $123.66 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 ($310.63 Million) and total liabilities ($186.97 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 | $123.66 Million |
| % of Total Assets | 39.81% |
| Annual Growth Rate | 5.14% |
| 5-Year Change | -35.24% |
| 10-Year Change | 26.6% |
| Growth Volatility | 16.16 |
AirBoss of America Corp - Net Assets Trend (2000–2024)
This chart illustrates how AirBoss of America Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AirBoss of America Corp (2000–2024)
The table below shows the annual net assets of AirBoss of America Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $126.01 Million | -15.35% |
| 2023-12-31 | $148.86 Million | -24.44% |
| 2022-12-31 | $197.00 Million | -16.22% |
| 2021-12-31 | $235.15 Million | +20.84% |
| 2020-12-31 | $194.59 Million | +54.46% |
| 2019-12-31 | $125.98 Million | +3.70% |
| 2018-12-31 | $121.48 Million | +3.69% |
| 2017-12-31 | $117.16 Million | +7.21% |
| 2016-12-31 | $109.28 Million | +9.79% |
| 2015-12-31 | $99.53 Million | +10.74% |
| 2014-12-31 | $89.88 Million | +10.62% |
| 2013-12-31 | $81.25 Million | +2.49% |
| 2012-12-31 | $79.27 Million | +0.40% |
| 2011-12-31 | $78.95 Million | -0.70% |
| 2010-12-31 | $79.51 Million | +19.51% |
| 2009-12-31 | $66.53 Million | +23.24% |
| 2008-12-31 | $53.99 Million | -19.36% |
| 2007-12-31 | $66.95 Million | +21.82% |
| 2006-12-31 | $54.96 Million | +13.92% |
| 2005-12-31 | $48.24 Million | +7.32% |
| 2004-12-31 | $44.95 Million | +12.07% |
| 2003-12-31 | $40.11 Million | +12.00% |
| 2002-12-31 | $35.81 Million | -4.56% |
| 2001-12-31 | $37.52 Million | -0.95% |
| 2000-12-31 | $37.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AirBoss of America Corp'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 grown by 161.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.55 Million | 25.04% |
| Other Components | $94.46 Million | 74.96% |
| Total Equity | $126.01 Million | 100.00% |
AirBoss of America Corp Competitors by Market Cap
The table below lists competitors of AirBoss of America Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peak Minerals Ltd
AU:PUA
|
$57.07 Million |
|
Spigen Korea Co. Ltd
KQ:192440
|
$57.07 Million |
|
India Nippon Electricals Limited
NSE:INDNIPPON
|
$57.08 Million |
|
VEEMF
PINK:VEEMF
|
$57.10 Million |
|
Gwo Xi Stem Cell Applied Technology Co. , Ltd
TWO:6704
|
$57.05 Million |
|
Edda Wind ASA
OL:EWIND
|
$57.04 Million |
|
Frasers Property (Thailand) Public Company Limited
BK:FPT
|
$57.04 Million |
|
CuongThuan Idico Development Investment Corp
VN:CTI
|
$56.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AirBoss of America Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 148,857,000 to 126,010,000, a change of -22,847,000 (-15.3%).
- Net loss of 20,390,000 reduced equity.
- Dividend payments of 4,170,000 reduced retained earnings.
- Other factors increased equity by 1,713,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.39 Million | -16.18% |
| Dividends Paid | $4.17 Million | -3.31% |
| Other Changes | $1.71 Million | +1.36% |
| Total Change | $- | -15.35% |
Book Value vs Market Value Analysis
This analysis compares AirBoss of America Corp'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: 0.57x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $2.66 | x |
| 2016-12-31 | $0.00 | $2.66 | x |
| 2017-12-31 | $5.07 | $2.66 | x |
| 2018-12-31 | $5.19 | $2.66 | x |
| 2019-12-31 | $5.39 | $2.66 | x |
| 2020-12-31 | $7.23 | $2.66 | x |
| 2021-12-31 | $8.71 | $2.66 | x |
| 2022-12-31 | $7.27 | $2.66 | x |
| 2023-12-31 | $5.49 | $2.66 | x |
| 2024-12-31 | $4.64 | $2.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AirBoss of America Corp 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): -16.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.27%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.46x
- Recent ROE (-16.18%) is below the historical average (5.66%), 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 | 4.86% | 1.99% | 1.10x | 2.22x | $-1.95 Million |
| 2001 | 5.39% | 1.90% | 1.29x | 2.19x | $-1.73 Million |
| 2002 | 6.32% | 1.95% | 1.42x | 2.28x | $-1.32 Million |
| 2003 | 0.00% | 0.00% | 1.47x | 2.29x | $-4.01 Million |
| 2004 | 3.20% | 0.90% | 1.58x | 2.26x | $-3.06 Million |
| 2005 | 2.85% | 0.71% | 1.81x | 2.22x | $-3.45 Million |
| 2006 | 10.13% | 2.81% | 1.66x | 2.17x | $70.76K |
| 2007 | 6.17% | 1.81% | 1.64x | 2.08x | $-2.57 Million |
| 2008 | 0.00% | 0.00% | 1.65x | 2.39x | $-5.40 Million |
| 2009 | 8.97% | 2.99% | 1.56x | 1.93x | $-687.55K |
| 2010 | 16.46% | 5.43% | 1.67x | 1.82x | $5.14 Million |
| 2011 | 16.42% | 4.60% | 2.21x | 1.61x | $5.07 Million |
| 2012 | 9.08% | 2.87% | 2.10x | 1.50x | $-731.20K |
| 2013 | 7.83% | 2.69% | 1.27x | 2.29x | $-1.76 Million |
| 2014 | 15.24% | 4.53% | 1.60x | 2.10x | $4.71 Million |
| 2015 | 13.34% | 4.36% | 1.40x | 2.19x | $3.33 Million |
| 2016 | 12.65% | 5.16% | 1.19x | 2.06x | $2.89 Million |
| 2017 | 10.78% | 4.36% | 1.28x | 1.93x | $915.90K |
| 2018 | 7.03% | 2.70% | 1.36x | 1.91x | $-3.61 Million |
| 2019 | 8.11% | 3.11% | 1.31x | 1.98x | $-2.38 Million |
| 2020 | 17.32% | 6.72% | 1.37x | 1.89x | $14.24 Million |
| 2021 | 19.86% | 7.96% | 1.32x | 1.89x | $23.19 Million |
| 2022 | -16.19% | -6.68% | 1.08x | 2.24x | $-51.59 Million |
| 2023 | -28.05% | -9.80% | 1.19x | 2.40x | $-56.63 Million |
| 2024 | -16.18% | -5.27% | 1.25x | 2.46x | $-32.99 Million |
Industry Comparison
This section compares AirBoss of America Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,957,926,979
- Average return on equity (ROE) among peers: 9.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AirBoss of America Corp (ABSSF) | $123.66 Million | 4.86% | 1.51x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |