Ameritrust Corp
Ameritrust Corporation does not have significant operations. It focuses on acquiring, holding, developing, and operating commercial real estate properties. The company was formerly known as Gryphon Resources, Inc. and changed its name to Ameritrust Corporation in August 2020. The company was founded in 2006 and is based in Sheridan, Wyoming. Ameritrust Corporation is a subsidiary of Tourmeline Ve… Read more
Ameritrust Corp (ATCC) - Net Assets
Latest net assets as of June 2021: $-20.45 Million USD
Based on the latest financial reports, Ameritrust Corp (ATCC) has net assets worth $-20.45 Million USD as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($689.00 Million) and total liabilities ($709.45 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 | $-20.45 Million |
| % of Total Assets | -2.97% |
| Annual Growth Rate | 73.4% |
| 5-Year Change | 13802.53% |
| 10-Year Change | N/A |
| Growth Volatility | 1009.15 |
Ameritrust Corp - Net Assets Trend (2007–2020)
This chart illustrates how Ameritrust 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 Ameritrust Corp (2007–2020)
The table below shows the annual net assets of Ameritrust Corp from 2007 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-09-30 | $4.15 Million | +16636.57% |
| 2019-09-30 | $-25.10K | -0.01% |
| 2018-09-30 | $-25.09K | -364.40% |
| 2011-09-30 | $9.49K | -68.21% |
| 2010-09-30 | $29.85K | +115.00% |
| 2009-09-30 | $-199.07K | -174.51% |
| 2008-09-30 | $-72.52K | -2341.61% |
| 2007-09-30 | $3.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ameritrust 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 85221900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $267.68K | 6.45% |
| Other Components | $4.78 Million | 115.25% |
| Total Equity | $4.15 Million | 100.00% |
Ameritrust Corp Competitors by Market Cap
The table below lists competitors of Ameritrust Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anteris Technologies Global Corp. Common Stock
NASDAQ:AVR
|
$156.14 Million |
|
Sonda S.A
SN:SONDA
|
$156.17 Million |
|
Hangzhou Hopechart Iot Technology
SHG:688288
|
$156.17 Million |
|
Harvard Ave Acquisition Corporation Class A Ordinary Share
NASDAQ:HAVA
|
$156.19 Million |
|
BANK OG TIANJIN H YC1
F:B95
|
$156.12 Million |
|
TEN SQUARE GAMES SA
WAR:TEN
|
$156.08 Million |
|
Vysarn Ltd
AU:VYS
|
$156.06 Million |
|
Wuxi Delinhai Environmental Technology Co Ltd
SHG:688069
|
$156.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ameritrust Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -25,097 to 4,150,184, a change of 4,175,281.
- Net loss of 750,217 reduced equity.
- Other factors increased equity by 4,925,498.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-750.22K | -18.08% |
| Other Changes | $4.93 Million | +118.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Ameritrust 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
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.30x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-09-30 | $0.00 | $0.00 | x |
| 2008-09-30 | $-0.01 | $0.00 | x |
| 2009-09-30 | $-0.02 | $0.00 | x |
| 2010-09-30 | $0.00 | $0.00 | x |
| 2011-09-30 | $0.00 | $0.00 | x |
| 2018-09-30 | $0.00 | $0.00 | x |
| 2019-09-30 | $0.00 | $0.00 | x |
| 2020-09-30 | $0.16 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ameritrust 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): -18.08%
- 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: 1.02x
- Recent ROE (-18.08%) is above the historical average (-673.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -1453.54% | 0.00% | 0.00x | 9.49x | $-47.35K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-69.05K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-105.95K |
| 2010 | -191.46% | 0.00% | 0.00x | 1.01x | $-60.14K |
| 2011 | -3725.86% | 0.00% | 0.00x | 1.82x | $-354.57K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.54K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-49.41K |
| 2020 | -18.08% | 0.00% | 0.00x | 1.02x | $-1.17 Million |
Industry Comparison
This section compares Ameritrust Corp's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ameritrust Corp (ATCC) | $-20.45 Million | -1453.54% | N/A | $156.13 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |