Airborne Wireless Network
Airborne Wireless Network, engages in developing single path and fully meshed wireless network by linking aircraft in flight. The company was formerly known as Ample-Tee, Inc. and changed its name to Airborne Wireless Network in May 2016. Airborne Wireless Network was incorporated in 2011 and is based in Simi Valley, California.
Airborne Wireless Network (ABWN) - Net Assets
Latest net assets as of May 2019: $-14.75 Million USD
Based on the latest financial reports, Airborne Wireless Network (ABWN) has net assets worth $-14.75 Million USD as of May 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($91.49K) and total liabilities ($14.84 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 | $-14.75 Million |
| % of Total Assets | -16118.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Airborne Wireless Network - Net Assets Trend (2012–2018)
This chart illustrates how Airborne Wireless Network's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Airborne Wireless Network (2012–2018)
The table below shows the annual net assets of Airborne Wireless Network from 2012 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-08-31 | $-9.24 Million | -8767.21% |
| 2017-08-31 | $106.58K | +217.55% |
| 2016-08-31 | $-90.66K | -126.34% |
| 2015-08-31 | $-40.06K | -0.41% |
| 2014-08-31 | $-39.89K | -77.14% |
| 2013-08-31 | $-22.52K | -129.68% |
| 2012-08-31 | $-9.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Airborne Wireless Network'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 11379474800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $684.00 | % |
| Other Components | $104.57 Million | % |
| Total Equity | $-9.24 Million | 100.00% |
Airborne Wireless Network Competitors by Market Cap
The table below lists competitors of Airborne Wireless Network ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INTERTEK GROUP - Dusseldorf Stock Exchang
DU:IT1
|
$439.13K |
|
Golden House
TA:GOHO
|
$439.29K |
|
CELANESE-A
MU:DG3
|
$439.44K |
|
POWER CORP CDA SV
BE:PCR
|
$439.51K |
|
FIDELITY NATIONAL - Dusseldorf Stock Exchang
DU:ZGY
|
$437.32K |
|
CleanGo Innovations Inc
OTCQB:CLGOF
|
$437.05K |
|
KURITA WATER IND - Dusseldorf Stock Exchang
DU:KWI
|
$436.97K |
|
MODERNA
STU:0QF
|
$436.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Airborne Wireless Network's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 106,577 to -9,237,255, a change of -9,343,832 (-8767.2%).
- Net loss of 76,683,000 reduced equity.
- New share issuances of 8,489,486 increased equity.
- Other factors increased equity by 58,849,682.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-76.68 Million | -830.15% |
| Share Issuances | $8.49 Million | +91.9% |
| Other Changes | $58.85 Million | +637.09% |
| Total Change | $- | -8767.21% |
Book Value vs Market Value Analysis
This analysis compares Airborne Wireless Network'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 |
|---|---|---|---|
| 2012-08-31 | $-0.43 | $0.00 | x |
| 2013-08-31 | $-0.41 | $0.00 | x |
| 2014-08-31 | $-10.60 | $0.00 | x |
| 2015-08-31 | $-10.64 | $0.00 | x |
| 2016-08-31 | $-24.39 | $0.00 | x |
| 2017-08-31 | $38.16 | $0.00 | x |
| 2018-08-31 | $-209.96 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Airborne Wireless Network 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-4947.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.07K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.46K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.37K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $3.84K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-159.26K |
| 2017 | -34635.01% | 0.00% | 0.00x | 4.96x | $-36.92 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-75.76 Million |
Industry Comparison
This section compares Airborne Wireless Network's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $49,402,603,651
- Average return on equity (ROE) among peers: -29.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Airborne Wireless Network (ABWN) | $-14.75 Million | 0.00% | N/A | $437.69K |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |