ACLEW
Alternus Clean Energy Inc owns, develops, installs, and operates midsized utility scale solar parks. The company is based in Fort Mill, South Carolina. Alternus Clean Energy Inc is a subsidiary of Alternus Energy Group Plc.
ACLEW (ACLEW) - Net Assets
Latest net assets as of December 2024: $-33.88 Million USD
Based on the latest financial reports, ACLEW (ACLEW) has net assets worth $-33.88 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.73 Million) and total liabilities ($41.61 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 | $-33.88 Million |
| % of Total Assets | -438.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ACLEW - Net Assets Trend (2021–2024)
This chart illustrates how ACLEW's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ACLEW (2021–2024)
The table below shows the annual net assets of ACLEW from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-33.88 Million | +46.43% |
| 2023-12-31 | $-63.25 Million | -2349.81% |
| 2022-12-31 | $-2.58 Million | -115.56% |
| 2021-12-31 | $16.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ACLEW'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 3090500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $33.25 Million | % |
| Total Equity | $-33.88 Million | 100.00% |
ACLEW Competitors by Market Cap
The table below lists competitors of ACLEW ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Movie Studio Inc
PINK:MVES
|
$11.38 |
|
UGANDA CLAYS LTD
USE:UCL
|
$11.82 |
|
Eq Energy Drink Inc
PINK:EQLB
|
$12.02 |
|
Wiremedia Inc
PINK:WRMA
|
$12.04 |
|
PHARMA-DEKO PLC
XNSA:PHARMDEKO
|
$11.32 |
|
SOVEREIGN TRUST INSURANCE PLC
XNSA:SOVRENINS
|
$11.29 |
|
Com-Guard.Com Inc
PINK:CGUD
|
$11.19 |
|
Apple Rush Company
PINK:APRU
|
$11.05 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ACLEW's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -63,254,000 to -33,885,000, a change of 29,369,000.
- Net income of 21,078,000 contributed positively to equity growth.
- Other factors increased equity by 8,291,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.08 Million | +62.2% |
| Other Changes | $8.29 Million | +24.47% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ACLEW'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 |
|---|---|---|---|
| 2021-12-31 | $5.77 | $0.00 | x |
| 2022-12-31 | $-0.90 | $0.00 | x |
| 2023-12-31 | $-21.99 | $0.00 | x |
| 2024-12-31 | $-4.15 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ACLEW 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: 6777.49%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-28.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -112.93% | -87.67% | 0.10x | 12.61x | $-20.42 Million |
| 2022 | 0.00% | -107.96% | 0.10x | 0.00x | $-18.19 Million |
| 2023 | 0.00% | -1998.39% | 0.02x | 0.00x | $-63.14 Million |
| 2024 | 0.00% | 6777.49% | 0.04x | 0.00x | $24.47 Million |
Industry Comparison
This section compares ACLEW's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,180,432,623
- Average return on equity (ROE) among peers: -78.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ACLEW (ACLEW) | $-33.88 Million | -112.93% | N/A | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |