American Biltrite Inc
American Biltrite Inc., together with its subsidiaries, provides tape, protective films, commercial flooring, sheet rubber, and fashion jewelry products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the AutoWrap, TransferRite, ProtectRite, Ideal Tape, and American Biltrite brand names for automotive, graphics, HVAC, industrial, insulatio… Read more
American Biltrite Inc (ABLT) - Net Assets
Latest net assets as of June 2025: $20.57 Million USD
Based on the latest financial reports, American Biltrite Inc (ABLT) has net assets worth $20.57 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($121.72 Million) and total liabilities ($101.15 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 | $20.57 Million |
| % of Total Assets | 16.9% |
| Annual Growth Rate | -0.05% |
| 5-Year Change | 7.15% |
| 10-Year Change | -19.19% |
| Growth Volatility | 55.16 |
American Biltrite Inc - Net Assets Trend (1985–2024)
This chart illustrates how American Biltrite 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 Biltrite Inc (1985–2024)
The table below shows the annual net assets of American Biltrite Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.49 Million | -2.03% |
| 2023-12-31 | $24.99 Million | -4.36% |
| 2022-12-31 | $26.13 Million | -18.33% |
| 2021-12-31 | $32.00 Million | +40.01% |
| 2020-12-31 | $22.85 Million | -41.06% |
| 2019-12-31 | $38.78 Million | -10.90% |
| 2018-12-31 | $43.52 Million | +17.75% |
| 2017-12-31 | $36.96 Million | +10.97% |
| 2016-12-31 | $33.30 Million | +9.91% |
| 2015-12-31 | $30.30 Million | -8.90% |
| 2014-12-31 | $33.26 Million | -9.03% |
| 2013-12-31 | $36.56 Million | -15.55% |
| 2012-12-31 | $43.30 Million | -1.39% |
| 2011-12-31 | $43.91 Million | -14.06% |
| 2010-12-31 | $51.09 Million | +216.15% |
| 2009-12-31 | $-43.98 Million | +4.27% |
| 2008-12-31 | $-45.95 Million | -319.20% |
| 2007-12-31 | $20.96 Million | +9.62% |
| 2006-12-31 | $19.12 Million | -3.67% |
| 2005-12-31 | $19.85 Million | -48.70% |
| 2004-12-31 | $38.70 Million | +15.02% |
| 2003-12-31 | $33.64 Million | -30.41% |
| 2002-12-31 | $48.35 Million | -45.80% |
| 2001-12-31 | $89.20 Million | -4.81% |
| 2000-12-31 | $93.71 Million | -4.36% |
| 1999-12-31 | $97.98 Million | +8.06% |
| 1998-12-31 | $90.67 Million | +11.01% |
| 1997-12-31 | $81.68 Million | +1.26% |
| 1996-12-31 | $80.66 Million | +39.56% |
| 1995-12-31 | $57.80 Million | +6.83% |
| 1994-12-31 | $54.10 Million | +22.95% |
| 1993-12-31 | $44.00 Million | +5.26% |
| 1992-12-31 | $41.80 Million | +4.76% |
| 1991-12-31 | $39.90 Million | +8.42% |
| 1990-12-31 | $36.80 Million | +0.82% |
| 1989-12-31 | $36.50 Million | +1.39% |
| 1988-12-31 | $36.00 Million | +17.26% |
| 1987-12-31 | $30.70 Million | +10.43% |
| 1986-12-31 | $27.80 Million | +11.20% |
| 1985-12-31 | $25.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Biltrite 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 74.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.45 Million | 87.59% |
| Common Stock | $20.85 Million | 85.13% |
| Other Comprehensive Income | $-2.06 Million | -8.43% |
| Total Equity | $24.49 Million | 100.00% |
American Biltrite Inc Competitors by Market Cap
The table below lists competitors of American Biltrite Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WORLD2U MEDIA
BE:MQ2
|
$770.12K |
|
Rubico Inc. Common Stock
NASDAQ:RUBI
|
$770.55K |
|
Leafbuyer Technologies Inc
PINK:LBUY
|
$770.59K |
|
ITRON - Dusseldorf Stock Exchang
DU:IT6
|
$770.62K |
|
LANSDOWNE OIL+GAS LS-001
F:L2J
|
$769.90K |
|
0NR0
LSE:0NR0
|
$769.77K |
|
ITRON (IT6.SG)
STU:IT6
|
$768.94K |
|
East West Minerals Ltd.
F:37A0
|
$768.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Biltrite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,993,000 to 24,486,000, a change of -507,000 (-2.0%).
- Net loss of 2,644,000 reduced equity.
- Share repurchases of 18,000 reduced equity.
- Other comprehensive income increased equity by 2,155,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.64 Million | -10.8% |
| Share Repurchases | $18.00K | -0.07% |
| Other Comprehensive Income | $2.15 Million | +8.8% |
| Total Change | $- | -2.03% |
Book Value vs Market Value Analysis
This analysis compares American Biltrite 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: 0.11x
- 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 |
|---|---|---|---|
| 1985-12-31 | $519.23 | $85.00 | x |
| 1986-12-31 | $625.51 | $85.00 | x |
| 1987-12-31 | $719.86 | $85.00 | x |
| 1988-12-31 | $881.38 | $85.00 | x |
| 1989-12-31 | $973.33 | $85.00 | x |
| 1990-12-31 | $952.48 | $85.00 | x |
| 1991-12-31 | $1090.61 | $85.00 | x |
| 1992-12-31 | $1155.02 | $85.00 | x |
| 1993-12-31 | $1148.89 | $85.00 | x |
| 1994-12-31 | $1425.07 | $85.00 | x |
| 1995-12-31 | $1524.20 | $85.00 | x |
| 1996-12-31 | $1656.77 | $85.00 | x |
| 1997-12-31 | $1758.67 | $85.00 | x |
| 1998-12-31 | $1867.97 | $85.00 | x |
| 1999-12-31 | $2142.14 | $85.00 | x |
| 2000-12-31 | $2248.87 | $85.00 | x |
| 2001-12-31 | $2235.83 | $85.00 | x |
| 2002-12-31 | $1381.48 | $85.00 | x |
| 2003-12-31 | $958.13 | $85.00 | x |
| 2004-12-31 | $1100.98 | $85.00 | x |
| 2005-12-31 | $537.04 | $85.00 | x |
| 2006-12-31 | $521.18 | $85.00 | x |
| 2007-12-31 | $577.34 | $85.00 | x |
| 2008-12-31 | $-1359.41 | $85.00 | x |
| 2009-12-31 | $-1296.64 | $85.00 | x |
| 2010-12-31 | $1455.22 | $85.00 | x |
| 2011-12-31 | $1239.87 | $85.00 | x |
| 2013-12-31 | $1085.21 | $85.00 | x |
| 2014-12-31 | $994.03 | $85.00 | x |
| 2015-12-31 | $903.93 | $85.00 | x |
| 2016-12-31 | $996.00 | $85.00 | x |
| 2017-12-31 | $1106.83 | $85.00 | x |
| 2018-12-31 | $1306.46 | $85.00 | x |
| 2019-12-31 | $1163.02 | $85.00 | x |
| 2020-12-31 | $671.68 | $85.00 | x |
| 2021-12-31 | $985.49 | $85.00 | x |
| 2022-12-31 | $804.85 | $85.00 | x |
| 2023-12-31 | $769.77 | $85.00 | x |
| 2024-12-31 | $756.67 | $85.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Biltrite 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): -10.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.40%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 4.79x
- Recent ROE (-10.80%) is below the historical average (-1.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.40% | 2.70% | 1.73x | 2.23x | $100.00K |
| 1986 | 11.51% | 2.91% | 1.58x | 2.51x | $420.00K |
| 1987 | 9.45% | 2.09% | 1.81x | 2.50x | $-170.00K |
| 1988 | 16.11% | 3.64% | 1.68x | 2.64x | $2.20 Million |
| 1989 | 0.82% | 0.19% | 1.65x | 2.67x | $-3.35 Million |
| 1990 | 4.62% | 1.11% | 1.66x | 2.52x | $-1.98 Million |
| 1991 | 7.52% | 1.95% | 1.63x | 2.36x | $-990.00K |
| 1992 | 9.09% | 2.43% | 1.63x | 2.30x | $-380.00K |
| 1993 | 12.27% | 5.20% | 1.45x | 1.63x | $1.00 Million |
| 1994 | 22.74% | 11.59% | 1.28x | 1.53x | $6.89 Million |
| 1995 | 10.56% | 1.51% | 1.33x | 5.25x | $325.40K |
| 1996 | 10.20% | 1.51% | 1.29x | 5.26x | $122.90K |
| 1997 | 12.46% | 1.95% | 1.39x | 4.59x | $1.61 Million |
| 1998 | 12.64% | 2.12% | 1.26x | 4.72x | $1.88 Million |
| 1999 | 12.42% | 2.30% | 1.23x | 4.39x | $1.89 Million |
| 2000 | 6.70% | 1.27% | 1.15x | 4.58x | $-2.62 Million |
| 2001 | 3.65% | 0.67% | 1.12x | 4.83x | $-4.91 Million |
| 2002 | -35.04% | -3.74% | 1.23x | 7.61x | $-21.41 Million |
| 2003 | -42.93% | -3.40% | 1.30x | 9.68x | $-17.46 Million |
| 2004 | 5.13% | 0.45% | 1.22x | 9.33x | $-1.85 Million |
| 2005 | -95.39% | -3.96% | 1.25x | 19.30x | $-19.48 Million |
| 2006 | 3.80% | 0.16% | 1.31x | 18.39x | $-1.12 Million |
| 2007 | -9.80% | -0.46% | 1.31x | 16.20x | $-3.93 Million |
| 2008 | 0.00% | -8.06% | 1.27x | 0.00x | $-25.55 Million |
| 2009 | 0.00% | -6.15% | 1.11x | 0.00x | $-14.48 Million |
| 2010 | 8.55% | 2.13% | 1.64x | 2.46x | $-728.70K |
| 2011 | -3.85% | -0.79% | 1.73x | 2.80x | $-5.95 Million |
| 2013 | 9.42% | 1.60% | 1.75x | 3.37x | $-206.00K |
| 2014 | 9.20% | 1.45% | 1.68x | 3.78x | $-257.90K |
| 2015 | -2.46% | -0.37% | 1.70x | 3.91x | $-3.66 Million |
| 2016 | 3.91% | 0.69% | 1.72x | 3.31x | $-1.97 Million |
| 2017 | 13.78% | 2.47% | 1.69x | 3.29x | $1.36 Million |
| 2018 | 19.49% | 4.10% | 1.60x | 2.98x | $4.04 Million |
| 2019 | -12.29% | -2.27% | 1.54x | 3.51x | $-8.42 Million |
| 2020 | -64.71% | -8.68% | 1.34x | 5.57x | $-16.29 Million |
| 2021 | 5.60% | 0.94% | 1.61x | 3.71x | $-1.41 Million |
| 2022 | -22.14% | -3.08% | 1.51x | 4.76x | $-8.40 Million |
| 2023 | -10.57% | -1.42% | 1.58x | 4.71x | $-5.14 Million |
| 2024 | -10.80% | -1.40% | 1.61x | 4.79x | $-5.09 Million |
Industry Comparison
This section compares American Biltrite Inc's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $215,285,996,711
- Average return on equity (ROE) among peers: -18.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Biltrite Inc (ABLT) | $20.57 Million | 10.40% | 4.92x | $770.10K |
| Agro Capital Management Corp (ACMB) | $8.38K | -262.71% | 0.09x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $296.29K | 53.66% | 1.05x | $85.13 |
| Asahi Kaisei Corp (AHKSY) | $1.85 Trillion | 2.37% | 0.98x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $24.90 Million | 15.09% | 0.19x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $8.29 Billion | 0.00% | 0.05x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $69.99 Million | -18.40% | 1.08x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $527.05K |
| Alliance Recovery Corporation (ARVY) | $-1.64 Million | 0.00% | 0.00x | $25.13 |