American Defense Systems Inc
American Defense Systems, Inc. designs and supplies transparent and opaque armor solutions for both military and commercial applications. The company also provides engineering and consulting services, develops and installs detention and security hardware, entry control and monitoring systems, intrusion detection systems, and security glass. Its products are used in transport and fighting vehicles… Read more
American Defense Systems Inc (ADFS) - Net Assets
Latest net assets as of September 2013: $220.35K USD
Based on the latest financial reports, American Defense Systems Inc (ADFS) has net assets worth $220.35K USD as of September 2013.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.41 Million) and total liabilities ($5.19 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 | $220.35K |
| % of Total Assets | 4.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -112.3% |
| 10-Year Change | N/A |
| Growth Volatility | 69.4 |
American Defense Systems Inc - Net Assets Trend (2006–2012)
This chart illustrates how American Defense 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 American Defense Systems Inc (2006–2012)
The table below shows the annual net assets of American Defense Systems Inc from 2006 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-12-31 | $-1.23 Million | -425.34% |
| 2011-12-31 | $-235.01K | +97.59% |
| 2010-12-31 | $-9.76 Million | -347.66% |
| 2009-12-31 | $-2.18 Million | -121.72% |
| 2008-12-31 | $10.04 Million | -24.49% |
| 2007-12-31 | $13.30 Million | +47.66% |
| 2006-12-31 | $9.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Defense 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 decreased by 1786329700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $56.09K | % |
| Other Components | $16.73 Million | % |
| Total Equity | $-1.23 Million | 100.00% |
American Defense Systems Inc Competitors by Market Cap
The table below lists competitors of American Defense Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DFCC Bank PLC
CM:DFCCN0000
|
$4.85K |
|
FUTURE GAMING GRP INTL AB
F:6L50
|
$4.86K |
|
GB Corp.
EGX:GBCO
|
$4.86K |
|
Ceiba Investments
LSE:CBA
|
$4.86K |
|
Modern Threads (India) Limited
NSE:MODTHREAD
|
$4.85K |
|
CHINA EB INTL
BE:CNE
|
$4.85K |
|
Asia Mineral
VN:AMC
|
$4.85K |
|
Sampath Bank PLC
CM:SAMPN0000
|
$4.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Defense Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from -235,012 to -1,234,612, a change of -999,600.
- Net loss of 1,064,108 reduced equity.
- Other factors increased equity by 64,508.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.06 Million | -86.19% |
| Other Changes | $64.51K | +5.22% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares American Defense 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.24 | $0.00 | x |
| 2007-12-31 | $0.34 | $0.00 | x |
| 2008-12-31 | $0.25 | $0.00 | x |
| 2009-12-31 | $-0.05 | $0.00 | x |
| 2010-12-31 | $-0.20 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Defense 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.35%
- • Asset Turnover: 4.75x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (5.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 34.56% | 12.32% | 1.94x | 1.45x | $2.21 Million |
| 2007 | 23.61% | 8.61% | 1.55x | 1.77x | $1.81 Million |
| 2008 | -16.29% | -4.60% | 1.41x | 2.51x | $-2.64 Million |
| 2009 | 0.00% | -35.49% | 2.62x | 0.00x | $-16.07 Million |
| 2010 | 0.00% | -23.74% | 4.04x | 0.00x | $-8.41 Million |
| 2011 | 0.00% | 107.63% | 2.79x | 0.00x | $9.39 Million |
| 2012 | 0.00% | -17.35% | 4.75x | 0.00x | $-940.65K |
Industry Comparison
This section compares American Defense Systems Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $333,978,160
- Average return on equity (ROE) among peers: 28.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Defense Systems Inc (ADFS) | $220.35K | 34.56% | 23.56x | $4.85K |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |