ATI Airtest Technologies Inc
ATI Airtest Technologies Inc. manufactures and sells air testing equipment and related services in Canada and the United States. The company offers refrigerant leak detection, parking garage ventilation, demand control ventilation, and other industrial equipment. It also offers wireless demand control ventilation and wireless energy monitoring equipment. In addition, the company provides enGuard,… Read more
ATI Airtest Technologies Inc (AATGF) - Net Assets
Latest net assets as of September 2024: $-5.02 Million USD
Based on the latest financial reports, ATI Airtest Technologies Inc (AATGF) has net assets worth $-5.02 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($352.82K) and total liabilities ($5.37 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 | $-5.02 Million |
| % of Total Assets | -1421.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ATI Airtest Technologies Inc - Net Assets Trend (1999–2023)
This chart illustrates how ATI Airtest Technologies 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 ATI Airtest Technologies Inc (1999–2023)
The table below shows the annual net assets of ATI Airtest Technologies Inc from 1999 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-5.34 Million | -20.56% |
| 2022-12-31 | $-4.43 Million | +23.97% |
| 2021-12-31 | $-5.83 Million | +25.11% |
| 2020-12-31 | $-7.78 Million | -46.63% |
| 2019-12-31 | $-5.31 Million | -0.26% |
| 2018-12-31 | $-5.29 Million | -22.12% |
| 2017-12-31 | $-4.34 Million | -16.66% |
| 2016-12-31 | $-3.72 Million | -21.68% |
| 2015-12-31 | $-3.05 Million | -19.91% |
| 2014-12-31 | $-2.55 Million | +24.04% |
| 2013-12-31 | $-3.35 Million | -23.33% |
| 2012-12-31 | $-2.72 Million | -1.78% |
| 2011-12-31 | $-2.67 Million | -28.61% |
| 2010-12-31 | $-2.08 Million | -85.23% |
| 2009-12-31 | $-1.12 Million | +9.31% |
| 2008-12-31 | $-1.24 Million | -24.06% |
| 2007-12-31 | $-996.60K | +80.15% |
| 2006-12-31 | $-5.02 Million | -17.73% |
| 2005-12-31 | $-4.26 Million | -22.50% |
| 2004-12-31 | $-3.48 Million | -30.86% |
| 2003-12-31 | $-2.66 Million | -43.99% |
| 2002-12-31 | $-1.85 Million | -1.86% |
| 2001-12-31 | $-1.81 Million | -59.17% |
| 2000-12-31 | $-1.14 Million | -1912.53% |
| 1999-12-31 | $-56.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ATI Airtest Technologies 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 1921937200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.40 Million | % |
| Other Comprehensive Income | $1.57 Million | % |
| Other Components | $32.00K | % |
| Total Equity | $-5.34 Million | 100.00% |
ATI Airtest Technologies Inc Competitors by Market Cap
The table below lists competitors of ATI Airtest Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bio-gate AG
XETRA:BIG1
|
$2.79 Million |
|
ALNYLAM PHARMA
MU:DUL
|
$2.79 Million |
|
Prima Cakrawala Abadi PT
JK:PCAR
|
$2.79 Million |
|
MICube Solution Inc
KQ:373170
|
$2.79 Million |
|
Chitose Internasional Tbk
JK:CINT
|
$2.79 Million |
|
Fly-E Group, Inc. Common Stock
NASDAQ:FLYE
|
$2.79 Million |
|
Trutankless Inc
PINK:TKLS
|
$2.79 Million |
|
VSBLTY Groupe Technologies Corp
PINK:VSBGF
|
$2.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ATI Airtest Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,431,048 to -5,342,027, a change of -910,979.
- Net loss of 1,043,369 reduced equity.
- New share issuances of 678,000 increased equity.
- Other comprehensive income decreased equity by 121,207.
- Other factors decreased equity by 424,403.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.04 Million | -19.53% |
| Share Issuances | $678.00K | +12.69% |
| Other Comprehensive Income | $-121.21K | -2.27% |
| Other Changes | $-424.40K | -7.94% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ATI Airtest Technologies 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $-0.05 | $0.05 | x |
| 2000-12-31 | $-0.79 | $0.05 | x |
| 2001-12-31 | $-1.17 | $0.05 | x |
| 2002-12-31 | $-1.14 | $0.05 | x |
| 2003-12-31 | $-1.41 | $0.05 | x |
| 2004-12-31 | $-1.68 | $0.05 | x |
| 2005-12-31 | $-2.06 | $0.05 | x |
| 2006-12-31 | $-2.36 | $0.05 | x |
| 2007-12-31 | $-0.16 | $0.05 | x |
| 2008-12-31 | $-0.10 | $0.05 | x |
| 2009-12-31 | $-0.07 | $0.05 | x |
| 2010-12-31 | $-0.12 | $0.05 | x |
| 2011-12-31 | $-0.14 | $0.05 | x |
| 2012-12-31 | $-0.12 | $0.05 | x |
| 2013-12-31 | $-0.14 | $0.05 | x |
| 2014-12-31 | $-0.11 | $0.05 | x |
| 2015-12-31 | $-0.10 | $0.05 | x |
| 2016-12-31 | $-0.11 | $0.05 | x |
| 2017-12-31 | $-0.12 | $0.05 | x |
| 2018-12-31 | $-0.15 | $0.05 | x |
| 2019-12-31 | $-0.11 | $0.05 | x |
| 2020-12-31 | $-0.14 | $0.05 | x |
| 2021-12-31 | $-0.06 | $0.05 | x |
| 2022-12-31 | $-0.04 | $0.05 | x |
| 2023-12-31 | $-0.12 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ATI Airtest Technologies 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.47%
- • Asset Turnover: 4.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -383.79% | 0.21x | 0.00x | $-1.45 Million |
| 2000 | 0.00% | -384.21% | 0.83x | 0.00x | $-2.60 Million |
| 2001 | 0.00% | -94.84% | 1.36x | 0.00x | $-700.82K |
| 2002 | 0.00% | -87.78% | 1.68x | 0.00x | $-637.76K |
| 2003 | 0.00% | -79.43% | 2.21x | 0.00x | $-588.35K |
| 2004 | 0.00% | -90.44% | 3.11x | 0.00x | $-485.63K |
| 2005 | 0.00% | -74.83% | 2.87x | 0.00x | $-357.01K |
| 2006 | 0.00% | -79.42% | 4.21x | 0.00x | $-303.89K |
| 2007 | 0.00% | 146.42% | 2.43x | 0.00x | $1.63 Million |
| 2008 | 0.00% | -65.92% | 2.69x | 0.00x | $-737.98K |
| 2009 | 0.00% | -74.31% | 2.94x | 0.00x | $-1.12 Million |
| 2010 | 0.00% | -48.52% | 2.83x | 0.00x | $-1.03 Million |
| 2011 | 0.00% | -35.79% | 3.72x | 0.00x | $-806.81K |
| 2012 | 0.00% | -19.25% | 3.50x | 0.00x | $-266.64K |
| 2013 | 0.00% | -18.30% | 3.44x | 0.00x | $-155.59K |
| 2014 | 0.00% | 19.69% | 3.78x | 0.00x | $867.18K |
| 2015 | 0.00% | 3.05% | 4.14x | 0.00x | $401.30K |
| 2016 | 0.00% | -23.89% | 3.97x | 0.00x | $-356.28K |
| 2017 | 0.00% | -11.16% | 7.42x | 0.00x | $34.76K |
| 2018 | 0.00% | -47.13% | 5.54x | 0.00x | $-744.50K |
| 2019 | 0.00% | -7.97% | 5.53x | 0.00x | $253.25K |
| 2020 | 0.00% | -108.21% | 4.33x | 0.00x | $-2.10 Million |
| 2021 | 0.00% | -61.19% | 1.92x | 0.00x | $-720.76K |
| 2022 | 0.00% | -17.39% | 1.43x | 0.00x | $27.32K |
| 2023 | 0.00% | -52.47% | 4.00x | 0.00x | $-509.17K |
Industry Comparison
This section compares ATI Airtest Technologies 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: $55,371,676,161
- Average return on equity (ROE) among peers: -26.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ATI Airtest Technologies Inc (AATGF) | $-5.02 Million | 0.00% | N/A | $2.79 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| 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 |