Aether Global Innovations Corp.
Aether Global Innovations Corp. operates as an unmanned aerial vehicle (UAV), and drone management and operation services company that focuses on critical infrastructure, and public and private facilities. The company offers UAV/drone design and development; automation and integration for flight planning, new, sensor payloads, and stand-alone power sources; and drone base station infrastructure a… Read more
Aether Global Innovations Corp. (AETHF) - Net Assets
Latest net assets as of May 2024: $-788.82K USD
Based on the latest financial reports, Aether Global Innovations Corp. (AETHF) has net assets worth $-788.82K USD as of May 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.21K) and total liabilities ($836.02K). 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 | $-788.82K |
| % of Total Assets | -1670.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 111.28 |
Aether Global Innovations Corp. - Net Assets Trend (2019–2023)
This chart illustrates how Aether Global Innovations Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aether Global Innovations Corp. (2019–2023)
The table below shows the annual net assets of Aether Global Innovations Corp. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-11-30 | $-269.52K | +86.17% |
| 2022-11-30 | $-1.95 Million | -352.21% |
| 2021-11-30 | $772.80K | +608.13% |
| 2020-11-30 | $-152.09K | -129.65% |
| 2019-11-30 | $512.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aether Global Innovations Corp.'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 1117579600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $16.88 Million | % |
| Total Equity | $-269.52K | 100.00% |
Aether Global Innovations Corp. Competitors by Market Cap
The table below lists competitors of Aether Global Innovations Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUEDZUCKER
MU:SZU
|
$93.48K |
|
EURO.OPPOTU.TRUST LS-01
F:4ZY
|
$93.56K |
|
SUEDZUCKER - Dusseldorf Stock Exchang
DU:SZU
|
$93.58K |
|
Brookfield Office Properties Inc
OTCGREY:BRKFF
|
$93.58K |
|
Real Brands Inc
PINK:RLBD
|
$93.44K |
|
Nuveen Dynamic Municipal Opportunities Fund
NYSE:NDMO
|
$93.42K |
|
Yulong Eco-Materials Ltd
PINK:YECO
|
$93.35K |
|
Pioneer Acquisition I Corp Units
NASDAQ:PACHU
|
$93.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aether Global Innovations Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -1,949,068 to -269,522, a change of 1,679,546.
- Net loss of 608,928 reduced equity.
- New share issuances of 2,278,420 increased equity.
- Other factors increased equity by 10,054.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-608.93K | -225.93% |
| Share Issuances | $2.28 Million | +845.36% |
| Other Changes | $10.05K | +3.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Aether Global Innovations Corp.'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 |
|---|---|---|---|
| 2019-11-30 | $0.02 | $0.01 | x |
| 2020-11-30 | $0.00 | $0.01 | x |
| 2021-11-30 | $0.01 | $0.01 | x |
| 2022-11-30 | $-0.03 | $0.01 | x |
| 2023-11-30 | $-0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aether Global Innovations Corp. 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 (-299.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -851.34% | -15453.89% | 0.04x | 1.44x | $-4.42 Million |
| 2020 | 0.00% | -4122.65% | 0.27x | 0.00x | $-2.91 Million |
| 2021 | -643.74% | -2697.91% | 0.12x | 2.00x | $-5.05 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.47 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-581.98K |
Industry Comparison
This section compares Aether Global Innovations Corp.'s net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $17,003,711,851
- Average return on equity (ROE) among peers: -14.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aether Global Innovations Corp. (AETHF) | $-788.82K | -851.34% | N/A | $93.45K |
| Airborne Security & Protective Services Inc (ABPR) | $-726.53K | 0.00% | 0.00x | $0.95 |
| ADT Inc (ADT) | $702.90 Million | -10.36% | 2.30x | $3.11 Billion |
| Ameriguard Security Services Inc. (AGSS) | $-3.12 Million | 0.00% | 0.00x | $2.10 Million |
| Allegion PLC (ALLE) | $-55.70 Million | 0.00% | 0.00x | $12.39 Billion |
| Avante Logixx Inc (ALXXF) | $13.51 Million | -22.42% | 0.86x | $10.92 Million |
| ANTVF (ANTVF) | $254.48 Million | 4.87% | 0.92x | $55.07 Million |
| ASSA ABLOY AB (publ) (ASAZF) | $101.46 Billion | 14.45% | 1.05x | $29.24 Billion |
| Assa Abloy AB (ASAZY) | $50.66 Billion | 17.04% | 0.96x | $13.04 Billion |
| ATWEC Technologies Inc (ATWT) | $1.23 Million | -134.54% | 1.72x | $9.69 |