American Commerce Solutions Inc
American Commerce Solutions, Inc., through its subsidiary, Best Way Auto & Truck Rental, Inc., engages in the automobile and truck sales and rental business in the United States. It focuses on college and university locations with a rewards program geared to sales and financing of automobiles to first time car buyers. The company was formerly known as JD American Workwear, Inc. and changed its na… Read more
American Commerce Solutions Inc (AACS) - Net Assets
Latest net assets as of February 2016: $1.48 Million USD
Based on the latest financial reports, American Commerce Solutions Inc (AACS) has net assets worth $1.48 Million USD as of February 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.76 Million) and total liabilities ($3.28 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 | $1.48 Million |
| % of Total Assets | 31.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | 201.19% |
| 10-Year Change | -23.82% |
| Growth Volatility | 13524.44 |
American Commerce Solutions Inc - Net Assets Trend (1996–2016)
This chart illustrates how American Commerce Solutions 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 American Commerce Solutions Inc (1996–2016)
The table below shows the annual net assets of American Commerce Solutions Inc from 1996 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-02-29 | $1.48 Million | -13.87% |
| 2015-02-28 | $1.72 Million | +8.27% |
| 2014-02-28 | $1.59 Million | +75.73% |
| 2013-02-28 | $904.14K | +83.79% |
| 2012-02-29 | $491.93K | +6.26% |
| 2011-02-28 | $462.96K | -40.81% |
| 2010-02-28 | $782.10K | +59150.15% |
| 2009-02-28 | $1.32K | -99.87% |
| 2008-02-29 | $1.04 Million | -46.31% |
| 2007-02-28 | $1.94 Million | -39.90% |
| 2006-02-28 | $3.24 Million | -12.24% |
| 2005-02-28 | $3.69 Million | +0.60% |
| 2004-02-29 | $3.67 Million | +20.72% |
| 2003-02-28 | $3.04 Million | +17.54% |
| 2002-02-28 | $2.58 Million | -31.36% |
| 2001-02-28 | $3.76 Million | +3195.92% |
| 2000-02-29 | $114.19K | -94.45% |
| 1999-02-28 | $2.06 Million | +271.33% |
| 1998-02-28 | $554.04K | +496.28% |
| 1997-02-28 | $-139.81K | -82.95% |
| 1996-02-29 | $-76.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Commerce Solutions 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 1712453500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 18.0% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (February 2016)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.32 Million | 156.29% |
| Treasury Stock | $266.00K | 17.95% |
| Other Comprehensive Income | $33.22K | 2.24% |
| Other Components | $19.05 Million | 1286.00% |
| Total Equity | $1.48 Million | 100.00% |
American Commerce Solutions Inc Competitors by Market Cap
The table below lists competitors of American Commerce Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metals Exploration Plc
LSE:MTL
|
$38.48K |
|
OMNIA HOLD
BE:OHZ
|
$38.49K |
|
Assetco Plc
LSE:ASTO
|
$38.49K |
|
TEKMIRA PHARM
BE:I9DN
|
$38.60K |
|
Il Seung Co. Ltd.
KO:333430
|
$38.40K |
|
THESSALONIKI WATER
BE:T9W
|
$38.40K |
|
Property Franchise Group PLC
LSE:TPFG
|
$38.40K |
|
C1 Fund Inc.
NYSE:CFND
|
$38.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Commerce Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from 1,720,191 to 1,481,614, a change of -238,577 (-13.9%).
- Net loss of 244,513 reduced equity.
- Other comprehensive income increased equity by 81,722.
- Other factors decreased equity by 75,786.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-244.51K | -16.5% |
| Other Comprehensive Income | $81.72K | +5.52% |
| Other Changes | $-75.79K | -5.12% |
| Total Change | $- | -13.87% |
Book Value vs Market Value Analysis
This analysis compares American Commerce Solutions 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: 0.08x
- 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 |
|---|---|---|---|
| 1996-02-29 | $0.00 | $0.00 | x |
| 1997-02-28 | $-0.08 | $0.00 | x |
| 1998-02-28 | $0.30 | $0.00 | x |
| 1999-02-28 | $0.99 | $0.00 | x |
| 2000-02-29 | $0.05 | $0.00 | x |
| 2001-02-28 | $0.87 | $0.00 | x |
| 2002-02-28 | $0.25 | $0.00 | x |
| 2003-02-28 | $0.17 | $0.00 | x |
| 2004-02-29 | $0.05 | $0.00 | x |
| 2005-02-28 | $0.02 | $0.00 | x |
| 2006-02-28 | $0.01 | $0.00 | x |
| 2007-02-28 | $0.01 | $0.00 | x |
| 2008-02-29 | $0.00 | $0.00 | x |
| 2009-02-28 | $0.00 | $0.00 | x |
| 2010-02-28 | $0.00 | $0.00 | x |
| 2011-02-28 | $0.00 | $0.00 | x |
| 2012-02-29 | $0.00 | $0.00 | x |
| 2013-02-28 | $0.00 | $0.00 | x |
| 2014-02-28 | $0.00 | $0.00 | x |
| 2015-02-28 | $0.00 | $0.00 | x |
| 2016-02-29 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Commerce Solutions 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): -16.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.91%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.21x
- Recent ROE (-16.50%) is above the historical average (-4289.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 0.00% | -1184.60% | 0.05x | 0.00x | $-1.16 Million |
| 1997 | 0.00% | -156.69% | 0.40x | 0.00x | $-790.23K |
| 1998 | -209.75% | -240.66% | 0.26x | 3.35x | $-1.22 Million |
| 1999 | -82.28% | -138.06% | 0.43x | 1.40x | $-1.90 Million |
| 2000 | -2099.16% | -2314.56% | 0.08x | 10.88x | $-2.41 Million |
| 2001 | -46.42% | -82.85% | 0.28x | 2.03x | $-2.12 Million |
| 2002 | -59.73% | -79.46% | 0.30x | 2.51x | $-1.80 Million |
| 2003 | -11.46% | -15.73% | 0.36x | 2.00x | $-651.54K |
| 2004 | -44.86% | -78.89% | 0.33x | 1.74x | $-2.01 Million |
| 2005 | -34.68% | -46.44% | 0.44x | 1.72x | $-1.65 Million |
| 2006 | -28.50% | -40.07% | 0.38x | 1.86x | $-1.25 Million |
| 2007 | -74.58% | -61.68% | 0.43x | 2.79x | $-1.64 Million |
| 2008 | -99.24% | -36.35% | 0.56x | 4.91x | $-1.14 Million |
| 2009 | -87256.44% | -44.56% | 0.55x | 3555.18x | $-1.15 Million |
| 2010 | 90.98% | 30.29% | 0.46x | 6.57x | $633.32K |
| 2011 | -83.22% | -16.89% | 0.45x | 10.97x | $-431.58K |
| 2012 | 5.28% | 1.06% | 0.49x | 10.25x | $-23.23K |
| 2013 | -0.64% | -0.25% | 0.47x | 5.53x | $-96.20K |
| 2014 | -10.64% | -6.34% | 0.55x | 3.06x | $-327.94K |
| 2015 | -7.56% | -5.81% | 0.46x | 2.82x | $-302.14K |
| 2016 | -16.50% | -11.91% | 0.43x | 3.21x | $-392.67K |
Industry Comparison
This section compares American Commerce Solutions Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $55,371,275,261
- Average return on equity (ROE) among peers: -3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Commerce Solutions Inc (AACS) | $1.48 Million | 0.00% | 2.21x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |