Adaptive Ad Systems Inc
Adaptive Ad Systems Inc. operates as a digital media and video communications company in the United States. It, together with its subsidiaries, manufactures, develops, and deploys dynamic digital ad insertion (DDAI) and streaming media hardware and proprietary processing software (DDAI) for the cable TV, satellite, and IPTV markets. The company also offers high speed fixed wireless internet servi… Read more
Adaptive Ad Systems Inc (AATV) - Net Assets
Latest net assets as of March 2025: $20.64 Million USD
Based on the latest financial reports, Adaptive Ad Systems Inc (AATV) has net assets worth $20.64 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.16 Million) and total liabilities ($3.51 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 | $20.64 Million |
| % of Total Assets | 85.46% |
| Annual Growth Rate | 31.64% |
| 5-Year Change | 66.85% |
| 10-Year Change | 1259.53% |
| Growth Volatility | 57.37 |
Adaptive Ad Systems Inc - Net Assets Trend (2014–2024)
This chart illustrates how Adaptive Ad Systems 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 Adaptive Ad Systems Inc (2014–2024)
The table below shows the annual net assets of Adaptive Ad Systems Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.04 Million | +11.56% |
| 2023-12-31 | $18.86 Million | +5.18% |
| 2022-12-31 | $17.93 Million | +32.46% |
| 2021-12-31 | $13.53 Million | +7.35% |
| 2020-12-31 | $12.61 Million | +69.27% |
| 2019-12-31 | $7.45 Million | +11.42% |
| 2018-12-31 | $6.69 Million | +38.81% |
| 2017-12-31 | $4.82 Million | +3.21% |
| 2016-12-31 | $4.67 Million | +201.60% |
| 2015-12-31 | $1.55 Million | +15.02% |
| 2014-12-31 | $1.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adaptive Ad Systems 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 grown by 1691611600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $14.50 Million | 68.94% |
| Common Stock | $52.26K | 0.25% |
| Other Components | $6.48 Million | 30.82% |
| Total Equity | $21.04 Million | 100.00% |
Adaptive Ad Systems Inc Competitors by Market Cap
The table below lists competitors of Adaptive Ad Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SWALA GAS AND OIL
DSE:SWALA
|
$1.69K |
|
Domestic Metals Corp.
F:03E0
|
$1.69K |
|
Live Motion Games S.A.
WAR:LMG
|
$1.69K |
|
Dar Es Salaam Textile Mills Ltd
KAR:DSML
|
$1.69K |
|
SINOPEC SH PETRO-H-
MU:SGJH
|
$1.69K |
|
East West Insurance Company Limited
KAR:EWIC
|
$1.68K |
|
Cambridge Capital Holdings Inc
PINK:CCHI
|
$1.68K |
|
CN MODERN DAIRY
BE:07M
|
$1.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adaptive Ad Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,856,220 to 21,036,368, a change of 2,180,148 (11.6%).
- Net income of 1,991,247 contributed positively to equity growth.
- Other comprehensive income increased equity by 51,008.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.99 Million | +9.47% |
| Other Comprehensive Income | $51.01K | +0.24% |
| Other Changes | $137.89K | +0.66% |
| Total Change | $- | 11.56% |
Book Value vs Market Value Analysis
This analysis compares Adaptive Ad Systems 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: 0.44x
- 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.
- The price-to-book ratio has decreased from 5.36x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.03 | $0.18 | x |
| 2016-12-31 | $0.10 | $0.18 | x |
| 2017-12-31 | $0.10 | $0.18 | x |
| 2018-12-31 | $0.14 | $0.18 | x |
| 2019-12-31 | $0.15 | $0.18 | x |
| 2020-12-31 | $0.26 | $0.18 | x |
| 2021-12-31 | $0.27 | $0.18 | x |
| 2022-12-31 | $0.36 | $0.18 | x |
| 2023-12-31 | $0.37 | $0.18 | x |
| 2024-12-31 | $0.41 | $0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adaptive Ad Systems 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): 9.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.47%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.17x
- Recent ROE (9.47%) is below the historical average (23.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 80.35% | 30.23% | 1.59x | 1.67x | $946.33K |
| 2015 | 9.05% | 5.41% | 1.14x | 1.47x | $-14.63K |
| 2016 | 44.68% | 41.03% | 0.95x | 1.14x | $1.62 Million |
| 2017 | 11.83% | 13.91% | 0.68x | 1.24x | $88.05K |
| 2018 | 32.17% | 27.08% | 0.90x | 1.33x | $1.48 Million |
| 2019 | 2.71% | 4.60% | 0.51x | 1.15x | $-543.34K |
| 2020 | 38.37% | 40.82% | 0.76x | 1.23x | $3.58 Million |
| 2021 | 4.99% | 11.97% | 0.34x | 1.21x | $-678.24K |
| 2022 | 19.91% | 34.62% | 0.48x | 1.19x | $1.78 Million |
| 2023 | 3.75% | 13.72% | 0.23x | 1.19x | $-1.18 Million |
| 2024 | 9.47% | 26.47% | 0.30x | 1.17x | $-112.39K |
Industry Comparison
This section compares Adaptive Ad Systems Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $272,209,892
- Average return on equity (ROE) among peers: -3.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adaptive Ad Systems Inc (AATV) | $20.64 Million | 80.35% | 0.17x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |