Aerofoam Metals Inc
Aerofoam Metals Inc. manufactures foamed aluminum products for applications in automotive, defense, and aerospace industries under the brand Aerometal. The company was incorporated in 2004 and is based in Mississauga, Canada.
Aerofoam Metals Inc (AFML) - Net Assets
Latest net assets as of June 2001: $-2.87 Million USD
Based on the latest financial reports, Aerofoam Metals Inc (AFML) has net assets worth $-2.87 Million USD as of June 2001.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.85 Million) and total liabilities ($12.72 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 | $-2.87 Million |
| % of Total Assets | -29.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 66.29 |
Aerofoam Metals Inc - Net Assets Trend (1998–2000)
This chart illustrates how Aerofoam Metals 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 Aerofoam Metals Inc (1998–2000)
The table below shows the annual net assets of Aerofoam Metals Inc from 1998 to 2000.
| Year | Net Assets | Change |
|---|---|---|
| 2000-09-30 | $-360.00K | -114.17% |
| 1999-09-30 | $2.54 Million | +18.42% |
| 1998-09-30 | $2.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aerofoam Metals 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 525634600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2000)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $453.00 | % |
| Other Components | $9.98 Million | % |
| Total Equity | $-359.70K | 100.00% |
Aerofoam Metals Inc Competitors by Market Cap
The table below lists competitors of Aerofoam Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orpheum Property Inc
PINK:PLFF
|
$0.95 |
|
Patient Access Solutions Inc
PINK:PASO
|
$0.95 |
|
Avistar Communications Corp
PINK:AVSR
|
$0.95 |
|
Heartsoft Inc
PINK:HTSF
|
$0.95 |
|
Golden Band Resources Inc
PINK:GBRIF
|
$0.95 |
|
Square Chain Corp
PINK:SQCC
|
$0.94 |
|
RadView Software Ltd
PINK:RDVWF
|
$0.94 |
|
Capital Financial Gl
PINK:CFGX
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aerofoam Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 1999 to 2000, total equity changed from 2,541,272 to -359,703, a change of -2,900,975 (-114.2%).
- Net loss of 4,828,931 reduced equity.
- Dividend payments of 72,000 reduced retained earnings.
- Share repurchases of 2,000,000 reduced equity.
- Other factors increased equity by 3,999,956.
Equity Change Factors (1999 to 2000)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.83 Million | -1342.48% |
| Dividends Paid | $72.00K | -20.02% |
| Share Repurchases | $2.00 Million | -556.01% |
| Other Changes | $4.00 Million | +1112.02% |
| Total Change | $- | -114.15% |
Book Value vs Market Value Analysis
This analysis compares Aerofoam Metals 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Aerofoam Metals 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: -23.97%
- • Asset Turnover: 2.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-39.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -107.14% | -14.19% | 1.91x | 3.95x | $-2.51 Million |
| 1999 | -11.86% | -1.57% | 2.29x | 3.30x | $-555.47K |
| 2000 | 0.00% | -23.97% | 2.12x | 0.00x | $-4.79 Million |
Industry Comparison
This section compares Aerofoam Metals Inc's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $19,651,224,943
- Average return on equity (ROE) among peers: -15.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aerofoam Metals Inc (AFML) | $-2.87 Million | -107.14% | N/A | $0.95 |
| Alcoa Corp (AA) | $5.84 Billion | -11.14% | 1.42x | $10.77 Billion |
| Aluminum Corporation of China Limited (ALMMF) | $58.15 Billion | 0.41% | 1.70x | $7.01 Billion |
| Century Aluminum Company (CENX) | $344.10 Million | -12.53% | 4.37x | $3.13 Billion |
| China Hongqiao Group Limited (CHHQY) | $36.24 Billion | 10.07% | 1.94x | $44.45 Billion |
| Constellium Nv (CSTM) | $802.57 Million | 38.38% | 5.57x | $3.01 Billion |
| Orbite Technologies Inc (EORBF) | $79.06 Million | 0.00% | 0.08x | $135.68K |
| Kaiser Aluminum Corporation (KALU) | $133.50 Million | -80.00% | 19.21x | $1.87 Billion |
| Mansfelder Metals Ltd (MNSF) | $1.17 Million | -79.28% | 1.62x | $0.95 |
| Norsk Hydro ASA (NHYKF) | $75.26 Billion | -1.22% | 0.55x | $5.63 Billion |