DIRTT Environmental Solutions Ltd
DIRTT Environmental Solutions Ltd. operates as an interior construction company in Canada. Its ICE software provides the industrialized construction system to design, visualize, organize, configure, price, manufacture, assemble, and install the job. The company offers interior solutions to solid and glass walls, combination, leaf folding, headwalls, doors, casework, timer, electrical, networks, a… Read more
DIRTT Environmental Solutions Ltd (DRTTF) - Net Assets
Latest net assets as of March 2025: $39.20 Million USD
Based on the latest financial reports, DIRTT Environmental Solutions Ltd (DRTTF) has net assets worth $39.20 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($111.87 Million) and total liabilities ($72.67 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 | $39.20 Million |
| % of Total Assets | 35.04% |
| Annual Growth Rate | 3.27% |
| 5-Year Change | -63.45% |
| 10-Year Change | -48.33% |
| Growth Volatility | 149.17 |
DIRTT Environmental Solutions Ltd - Net Assets Trend (2011–2024)
This chart illustrates how DIRTT Environmental Solutions Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DIRTT Environmental Solutions Ltd (2011–2024)
The table below shows the annual net assets of DIRTT Environmental Solutions Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $42.59 Million | +499.77% |
| 2023-12-31 | $7.10 Million | -60.53% |
| 2022-12-31 | $17.99 Million | -73.45% |
| 2021-12-31 | $67.77 Million | -41.85% |
| 2020-12-31 | $116.53 Million | -31.67% |
| 2018-12-31 | $170.53 Million | +1.39% |
| 2017-12-31 | $168.20 Million | -7.57% |
| 2016-12-31 | $181.97 Million | +6.51% |
| 2015-12-31 | $170.84 Million | +107.24% |
| 2014-12-31 | $82.43 Million | +27.65% |
| 2013-12-31 | $64.58 Million | +139.69% |
| 2012-12-31 | $26.94 Million | -3.83% |
| 2011-12-31 | $28.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DIRTT Environmental Solutions Ltd'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 16609800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $208.69 Million | 489.99% |
| Total Equity | $42.59 Million | 100.00% |
DIRTT Environmental Solutions Ltd Competitors by Market Cap
The table below lists competitors of DIRTT Environmental Solutions Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Realia Business S.A.
LSE:0KBV
|
$53.81 Million |
|
TLGY Acquisition Corp
NASDAQ:TLGY
|
$53.81 Million |
|
Future Vision II Acquisition Corporation Ordinary shares
NASDAQ:FVN
|
$53.82 Million |
|
Patria Latin American Opportunity
NASDAQ:PLAO
|
$53.82 Million |
|
NVR (NVE.SG)
STU:NVE
|
$53.79 Million |
|
Unitron Tech Co Ltd
KQ:142210
|
$53.79 Million |
|
GeneOne Life Science Inc
KO:011000
|
$53.78 Million |
|
NSTS Bancorp Inc
NASDAQ:NSTS
|
$53.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DIRTT Environmental Solutions Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,101,000 to 42,590,000, a change of 35,489,000 (499.8%).
- Net income of 14,770,000 contributed positively to equity growth.
- Share repurchases of 39,000 reduced equity.
- New share issuances of 21,272,000 increased equity.
- Other factors decreased equity by 514,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.77 Million | +34.68% |
| Share Repurchases | $39.00K | -0.09% |
| Share Issuances | $21.27 Million | +49.95% |
| Other Changes | $-514.00K | -1.21% |
| Total Change | $- | 499.77% |
Book Value vs Market Value Analysis
This analysis compares DIRTT Environmental Solutions Ltd'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: 3.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.72 | x |
| 2016-12-31 | $0.00 | $0.72 | x |
| 2017-12-31 | $0.00 | $0.72 | x |
| 2018-12-31 | $0.00 | $0.72 | x |
| 2020-12-31 | $1.21 | $0.72 | x |
| 2021-12-31 | $0.70 | $0.72 | x |
| 2022-12-31 | $0.16 | $0.72 | x |
| 2023-12-31 | $0.06 | $0.72 | x |
| 2024-12-31 | $0.22 | $0.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DIRTT Environmental Solutions Ltd 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): 34.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.47%
- • Asset Turnover: 1.47x
- • Equity Multiplier: 2.78x
- Recent ROE (34.68%) is above the historical average (-43.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 0.00% | 1.34x | 2.89x | $-2.82 Million |
| 2012 | 0.00% | 0.00% | 2.10x | 3.09x | $-2.69 Million |
| 2013 | -24.05% | -11.80% | 1.28x | 1.59x | $-21.99 Million |
| 2014 | 6.22% | 3.18% | 1.36x | 1.43x | $-3.12 Million |
| 2015 | 10.47% | 7.56% | 1.11x | 1.24x | $808.10K |
| 2016 | 4.00% | 2.73% | 1.14x | 1.28x | $-10.91 Million |
| 2017 | -4.40% | -2.53% | 1.29x | 1.35x | $-24.23 Million |
| 2018 | 1.76% | 0.84% | 1.47x | 1.43x | $-14.06 Million |
| 2020 | -9.70% | -6.59% | 0.94x | 1.57x | $-22.95 Million |
| 2021 | -79.20% | -36.36% | 0.74x | 2.94x | $-60.44 Million |
| 2022 | -305.49% | -31.93% | 1.20x | 7.98x | $-56.76 Million |
| 2023 | -205.38% | -8.02% | 1.46x | 17.51x | $-15.29 Million |
| 2024 | 34.68% | 8.47% | 1.47x | 2.78x | $10.51 Million |
Industry Comparison
This section compares DIRTT Environmental Solutions Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DIRTT Environmental Solutions Ltd (DRTTF) | $39.20 Million | 0.00% | 1.85x | $53.81 Million |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |