DroneShield Limited
DroneShield Limited engages in the development, commercialization, and sale of hardware and software technology for drone detection and security in Australia and the United States. It offers DroneGun Tactical, a portable rifle shape drone disruptor, causing the drone to safely land, or fly back to the starting point; DroneGun Mk4, a rugged handheld counter-unmanned aircraft system (UAS) effector;… Read more
DroneShield Limited (DRSHF) - Net Assets
Latest net assets as of June 2025: $314.49 Million USD
Based on the latest financial reports, DroneShield Limited (DRSHF) has net assets worth $314.49 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($353.48 Million) and total liabilities ($38.99 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 | $314.49 Million |
| % of Total Assets | 88.97% |
| Annual Growth Rate | 51.77% |
| 5-Year Change | 1490.59% |
| 10-Year Change | N/A |
| Growth Volatility | 142.29 |
DroneShield Limited - Net Assets Trend (2015–2024)
This chart illustrates how DroneShield Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DroneShield Limited (2015–2024)
The table below shows the annual net assets of DroneShield Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $311.59 Million | +318.17% |
| 2023-12-31 | $74.51 Million | +292.18% |
| 2022-12-31 | $19.00 Million | +21.92% |
| 2021-12-31 | $15.58 Million | -20.45% |
| 2020-12-31 | $19.59 Million | +194.53% |
| 2019-12-31 | $6.65 Million | +222.50% |
| 2018-12-31 | $2.06 Million | -29.34% |
| 2017-12-31 | $2.92 Million | -13.90% |
| 2016-12-31 | $3.39 Million | -53.49% |
| 2015-12-31 | $7.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DroneShield Limited'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 1110041100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $313.15 Million | 100.50% |
| Other Comprehensive Income | $10.09 Million | 3.24% |
| Total Equity | $311.59 Million | 100.00% |
DroneShield Limited Competitors by Market Cap
The table below lists competitors of DroneShield Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farmland Partners Inc
NYSE:FPI
|
$467.58 Million |
|
Varex Imaging Corp
NASDAQ:VREX
|
$467.60 Million |
|
Boozt AB
ST:BOOZT
|
$467.87 Million |
|
Sayona Mining Limited American Depository Shares
NASDAQ:ELVR
|
$467.91 Million |
|
The ODP Corporation
MX:ODP
|
$466.85 Million |
|
Medios AG
PINK:MEDOF
|
$466.82 Million |
|
Retailors Ltd
PINK:RTALF
|
$466.70 Million |
|
Distoken Acquisition Corporation Right
NASDAQ:DISTR
|
$466.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DroneShield Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,511,293 to 311,587,000, a change of 237,075,707 (318.2%).
- Net loss of 1,320,000 reduced equity.
- Share repurchases of 12,115,000 reduced equity.
- New share issuances of 244,872,000 increased equity.
- Other comprehensive income increased equity by 4,614,156.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.32 Million | -0.42% |
| Share Repurchases | $12.12 Million | -3.89% |
| Share Issuances | $244.87 Million | +78.59% |
| Other Comprehensive Income | $4.61 Million | +1.48% |
| Other Changes | $1.02 Million | +0.33% |
| Total Change | $- | 318.17% |
Book Value vs Market Value Analysis
This analysis compares DroneShield Limited'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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.76x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.21 | $0.58 | x |
| 2016-12-31 | $0.05 | $0.58 | x |
| 2017-12-31 | $0.02 | $0.58 | x |
| 2018-12-31 | $0.01 | $0.58 | x |
| 2019-12-31 | $0.03 | $0.58 | x |
| 2020-12-31 | $0.07 | $0.58 | x |
| 2021-12-31 | $0.04 | $0.58 | x |
| 2022-12-31 | $0.04 | $0.58 | x |
| 2023-12-31 | $0.16 | $0.58 | x |
| 2024-12-31 | $0.51 | $0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DroneShield Limited 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): -0.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.29%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.14x
- Recent ROE (-0.42%) is above the historical average (-81.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -6.62% | -314.29% | 0.02x | 1.03x | $-1.21 Million |
| 2016 | -145.73% | -5608.71% | 0.02x | 1.20x | $-5.28 Million |
| 2017 | -187.64% | -1427.74% | 0.11x | 1.18x | $-5.77 Million |
| 2018 | -307.23% | -524.86% | 0.30x | 1.92x | $-6.54 Million |
| 2019 | -115.70% | -218.57% | 0.38x | 1.41x | $-8.36 Million |
| 2020 | -29.95% | -105.56% | 0.24x | 1.18x | $-7.83 Million |
| 2021 | -34.08% | -50.74% | 0.57x | 1.18x | $-6.87 Million |
| 2022 | -5.00% | -5.65% | 0.67x | 1.33x | $-2.85 Million |
| 2023 | 12.53% | 17.26% | 0.56x | 1.30x | $1.88 Million |
| 2024 | -0.42% | -2.29% | 0.16x | 1.14x | $-32.48 Million |
Industry Comparison
This section compares DroneShield Limited's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DroneShield Limited (DRSHF) | $314.49 Million | -6.62% | 0.12x | $467.01 Million |
| 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 |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| 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 |