American Aires Inc
American Aires Inc., a nanotechnology company, engages in the production, sales, and distribution of electromagnetic protection devices in Canada and internationally. The company offers Lifetune One, a solution for everyday electronics that sticks directly onto any electronic devices or protective case, including smartphones, tablets, and headphones; Lifetune Go, a solution for personalized prote… Read more
American Aires Inc (AAIRF) - Net Assets
Latest net assets as of September 2025: $-5.56 Million USD
Based on the latest financial reports, American Aires Inc (AAIRF) has net assets worth $-5.56 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 ($3.30 Million) and total liabilities ($8.87 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 | $-5.56 Million |
| % of Total Assets | -168.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | -90.28% |
| 10-Year Change | N/A |
| Growth Volatility | 220.86 |
American Aires Inc - Net Assets Trend (2016–2024)
This chart illustrates how American Aires 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 Aires Inc (2016–2024)
The table below shows the annual net assets of American Aires Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $135.00K | +106.44% |
| 2023-12-31 | $-2.10 Million | +12.63% |
| 2022-12-31 | $-2.40 Million | -382.70% |
| 2021-12-31 | $848.35K | -38.89% |
| 2020-12-31 | $1.39 Million | -70.34% |
| 2019-12-31 | $4.68 Million | +312.93% |
| 2018-12-31 | $1.13 Million | -8.32% |
| 2017-12-31 | $1.24 Million | +249.52% |
| 2016-12-31 | $-826.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Aires 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 3674109600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.51 Million | 20381.26% |
| Other Comprehensive Income | $-251.00K | -185.96% |
| Other Components | $10.44 Million | 7738.62% |
| Total Equity | $134.97K | 100.00% |
American Aires Inc Competitors by Market Cap
The table below lists competitors of American Aires Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adkins Energy LLC
OTCGREY:ADKIL
|
$3.94 Million |
|
RMG Acquisition Corp. III
NASDAQ:RMGCF
|
$3.94 Million |
|
DIGIDRIVE DISTRIBUTORS LTD
NSE:DIGIDRIVE
|
$3.95 Million |
|
Kioson Komersial Indonesia Tbk PT
JK:KIOS
|
$3.95 Million |
|
Lekoil Limited
PINK:LEKOF
|
$3.94 Million |
|
COLLPLANT BIOTECH. IS-01
F:CPT
|
$3.94 Million |
|
RNI Negócios Imobiliários S.A
SA:RDNI3
|
$3.94 Million |
|
BOCANA RESOURCES CORP.
F:VC1
|
$3.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Aires Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,095,455 to 134,972, a change of 2,230,427.
- Net loss of 8,412,000 reduced equity.
- New share issuances of 7,099,385 increased equity.
- Other comprehensive income decreased equity by 40,953.
- Other factors increased equity by 3,583,995.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.41 Million | -6232.4% |
| Share Issuances | $7.10 Million | +5259.89% |
| Other Comprehensive Income | $-40.95K | -30.34% |
| Other Changes | $3.58 Million | +2655.36% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares American Aires 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: 78.07x
- 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 1.08x to 78.07x 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 | $0.11 | $0.12 | x |
| 2018-12-31 | $0.01 | $0.12 | x |
| 2019-12-31 | $0.05 | $0.12 | x |
| 2020-12-31 | $0.01 | $0.12 | x |
| 2021-12-31 | $0.01 | $0.12 | x |
| 2022-12-31 | $-0.02 | $0.12 | x |
| 2023-12-31 | $-0.08 | $0.12 | x |
| 2024-12-31 | $0.00 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Aires 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): -6232.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.62%
- • Asset Turnover: 2.99x
- • Equity Multiplier: 44.71x
- Recent ROE (-6232.40%) is below the historical average (-865.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -89.34% | 3.81x | 0.00x | $-132.25K |
| 2017 | -74.22% | -260.26% | 0.19x | 1.48x | $-1.04 Million |
| 2018 | -148.28% | -315.80% | 0.28x | 1.66x | $-1.79 Million |
| 2019 | -72.64% | -490.57% | 0.13x | 1.10x | $-3.87 Million |
| 2020 | -546.57% | -327.98% | 1.09x | 1.53x | $-7.73 Million |
| 2021 | -717.50% | -238.42% | 1.13x | 2.67x | $-6.17 Million |
| 2022 | 0.00% | -67.14% | 3.83x | 0.00x | $-3.67 Million |
| 2023 | 0.00% | -86.31% | 15.74x | 0.00x | $-4.54 Million |
| 2024 | -6232.40% | -46.62% | 2.99x | 44.71x | $-8.43 Million |
Industry Comparison
This section compares American Aires Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $46,862,317,735
- Average return on equity (ROE) among peers: 2.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Aires Inc (AAIRF) | $-5.56 Million | 0.00% | N/A | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |