Alternative Investment Corporation
Alternative Investment Corporation does not have significant operations. It focuses on the investment opportunities in the real estate sector with primary focus on distressed real estate assets and/or alternative real estate developments, as well as other technologies in the biotech sector. The company was formerly known as Paradigm Resource Management Corporation and changed its name to Alternat… Read more
Alternative Investment Corporation (AIKO) - Net Assets
Latest net assets as of June 2020: $-1.21 Million USD
Based on the latest financial reports, Alternative Investment Corporation (AIKO) has net assets worth $-1.21 Million USD as of June 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.95K) and total liabilities ($1.21 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 | $-1.21 Million |
| % of Total Assets | -62041.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Alternative Investment Corporation - Net Assets Trend (2008–2019)
This chart illustrates how Alternative Investment Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alternative Investment Corporation (2008–2019)
The table below shows the annual net assets of Alternative Investment Corporation from 2008 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-09-30 | $-984.66K | -60.31% |
| 2018-09-30 | $-614.22K | -87.18% |
| 2017-09-30 | $-328.15K | -216.39% |
| 2016-09-30 | $281.94K | +507.81% |
| 2015-09-30 | $-69.13K | +80.70% |
| 2014-09-30 | $-358.17K | -37.37% |
| 2013-09-30 | $-260.74K | -270.06% |
| 2009-09-30 | $-70.46K | -59.44% |
| 2008-09-30 | $-44.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alternative Investment Corporation'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 216354300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $432.00 | % |
| Other Components | $1.22 Million | % |
| Total Equity | $-984.66K | 100.00% |
Alternative Investment Corporation Competitors by Market Cap
The table below lists competitors of Alternative Investment Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newtek Business Services Corp. 5.50% Notes Due 2026
NASDAQ:NEWTZ
|
$235.51K |
|
SmartSet Automation LLC
PINK:SLDC
|
$235.63K |
|
Sound Point Meridian Capital, Inc.
PINK:SPMCP
|
$235.68K |
|
Craven House Capital PLC
LSE:CRV
|
$235.69K |
|
ALLERTHAL-WERKE (ATW.SG)
STU:ATW
|
$235.44K |
|
Nordea Invest Basis 3 KL 1
CO:NDIB3KL1
|
$235.42K |
|
Pelthos Therapeutics Inc.
NYSE MKT:PTHS
|
$235.35K |
|
Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033
NYSE:ASBA
|
$235.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alternative Investment Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from -614,216 to -984,662, a change of -370,446.
- Net loss of 375,000 reduced equity.
- Other factors increased equity by 4,554.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-375.00K | -38.08% |
| Other Changes | $4.55K | +0.46% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Alternative Investment Corporation'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 |
|---|---|---|---|
| 2007-09-30 | $-0.05 | $1.25 | x |
| 2008-09-30 | $-0.07 | $1.25 | x |
| 2009-09-30 | $-0.10 | $1.25 | x |
| 2010-09-30 | $-0.03 | $1.25 | x |
| 2011-09-30 | $-0.09 | $1.25 | x |
| 2012-09-30 | $-0.24 | $1.25 | x |
| 2013-09-30 | $-1.62 | $1.25 | x |
| 2014-09-30 | $-2.22 | $1.25 | x |
| 2015-09-30 | $-0.43 | $1.25 | x |
| 2016-09-30 | $1.63 | $1.25 | x |
| 2017-09-30 | $-1.90 | $1.25 | x |
| 2018-09-30 | $-2.81 | $1.25 | x |
| 2019-09-30 | $-2.28 | $1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alternative Investment Corporation 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 (-6.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-37.00K |
| 2008 | 0.00% | -417.97% | 1.40x | 0.00x | $-45.53K |
| 2009 | 0.00% | -350.77% | 0.08x | 0.00x | $-56.42K |
| 2010 | 0.00% | 4096.36% | 0.00x | 0.00x | $48.08K |
| 2011 | 0.00% | -4436.56% | 0.00x | 0.00x | $-43.05K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $17.18K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-69.04K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-66.60K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-70.14K |
| 2016 | -82.64% | 0.00% | 0.00x | 2.32x | $-261.19K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-577.19K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-391.58K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-276.53K |
Industry Comparison
This section compares Alternative Investment Corporation's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alternative Investment Corporation (AIKO) | $-1.21 Million | 0.00% | N/A | $235.47K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |