Drone Delivery Canada Corp
Volatus Aerospace Inc. provides integrated drone solutions in Canada, the United States, the United Kingdom, and Norway. The company offers UAV drone services; surveillance as a service, which utilizes an integrated array of aerial and ground-based technologies to gather intelligence data; pipeline integrity monitoring; specialized geomatic services comprising lidar surveys and custom GIS service… Read more
Drone Delivery Canada Corp (TAKOF) - Net Assets
Latest net assets as of September 2025: $45.79 Million USD
Based on the latest financial reports, Drone Delivery Canada Corp (TAKOF) has net assets worth $45.79 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 ($72.59 Million) and total liabilities ($26.80 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 | $45.79 Million |
| % of Total Assets | 63.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.81% |
| 10-Year Change | 11311.18% |
| Growth Volatility | 421.7 |
Drone Delivery Canada Corp - Net Assets Trend (2014–2024)
This chart illustrates how Drone Delivery Canada 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 Drone Delivery Canada Corp (2014–2024)
The table below shows the annual net assets of Drone Delivery Canada Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $26.34 Million | +188.98% |
| 2023-12-31 | $9.11 Million | -50.78% |
| 2022-12-31 | $18.52 Million | -39.81% |
| 2021-12-31 | $30.76 Million | +13.52% |
| 2020-12-31 | $27.10 Million | +74.37% |
| 2019-12-31 | $15.54 Million | +6.85% |
| 2018-12-31 | $14.54 Million | -25.25% |
| 2017-12-31 | $19.46 Million | +1322.21% |
| 2016-12-31 | $1.37 Million | +492.79% |
| 2015-12-31 | $230.80K | +346.82% |
| 2014-12-31 | $-93.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Drone Delivery Canada 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 decreased by 3248394700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $59.85 Million | 219.44% |
| Total Equity | $27.28 Million | 100.00% |
Drone Delivery Canada Corp Competitors by Market Cap
The table below lists competitors of Drone Delivery Canada Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daechang Forgi
KO:015230
|
$52.62 Million |
|
VST Industries Limited
NSE:VSTIND
|
$52.63 Million |
|
Michael Hill International Ltd
AU:MHJ
|
$52.63 Million |
|
Thuan Duc JSC
VN:TDP
|
$52.66 Million |
|
meerecompany Incorporated
KQ:049950
|
$52.60 Million |
|
Condor Petroleum Inc
PINK:CNPRF
|
$52.60 Million |
|
Bluebik Group PCL
BK:BBIK
|
$52.60 Million |
|
Sambu Const
KO:001470
|
$52.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drone Delivery Canada Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,113,755 to 27,275,635, a change of 18,161,880 (199.3%).
- Net loss of 13,141,604 reduced equity.
- Share repurchases of 65,576 reduced equity.
- New share issuances of 2,332,956 increased equity.
- Other factors increased equity by 29,036,104.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.14 Million | -48.18% |
| Share Repurchases | $65.58K | -0.24% |
| Share Issuances | $2.33 Million | +8.55% |
| Other Changes | $29.04 Million | +106.45% |
| Total Change | $- | 199.28% |
Book Value vs Market Value Analysis
This analysis compares Drone Delivery Canada 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: 1.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.83x to 1.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.13 | $0.11 | x |
| 2018-12-31 | $0.09 | $0.11 | x |
| 2019-12-31 | $0.09 | $0.11 | x |
| 2020-12-31 | $0.13 | $0.11 | x |
| 2021-12-31 | $0.14 | $0.11 | x |
| 2022-12-31 | $0.08 | $0.11 | x |
| 2023-12-31 | $0.04 | $0.11 | x |
| 2024-12-31 | $0.06 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drone Delivery Canada 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): -48.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.41%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.12x
- Recent ROE (-48.18%) is above the historical average (-99.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-218.46K |
| 2015 | -280.34% | 0.00% | 0.00x | 2.08x | $-670.10K |
| 2016 | -213.71% | 0.00% | 0.00x | 1.27x | $-3.06 Million |
| 2017 | -42.98% | 0.00% | 0.00x | 1.05x | $-10.31 Million |
| 2018 | -134.84% | 0.00% | 0.00x | 1.15x | $-21.07 Million |
| 2019 | -100.37% | -612856.74% | 0.00x | 1.14x | $-17.15 Million |
| 2020 | -52.15% | -5326.82% | 0.01x | 1.08x | $-16.84 Million |
| 2021 | -47.79% | -4387.66% | 0.01x | 1.07x | $-17.78 Million |
| 2022 | -72.45% | -1623.12% | 0.04x | 1.07x | $-15.27 Million |
| 2023 | -103.84% | -27.14% | 3.37x | 1.13x | $-10.38 Million |
| 2024 | -48.18% | -48.41% | 0.47x | 2.12x | $-15.87 Million |
Industry Comparison
This section compares Drone Delivery Canada Corp's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drone Delivery Canada Corp (TAKOF) | $45.79 Million | 0.00% | 0.59x | $52.61 Million |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |