Drone Services USA Inc
Drone Services USA, Inc. manufactures and sells commercial duty aerial vehicle drones and related equipment. Its products are used in mission critical applications, such as search and rescue, law enforcement, fire services, agriculture, aerial inspection, pipelines, wildlife/livestock monitoring, anti-poaching, and 3D mapping. The company offers the ProSearch line and acts as dealer for drone ind… Read more
Drone Services USA Inc (DSUS) - Net Assets
Latest net assets as of September 2014: $11.47 Million USD
Based on the latest financial reports, Drone Services USA Inc (DSUS) has net assets worth $11.47 Million USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.09 Million) and total liabilities ($7.62 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 | $11.47 Million |
| % of Total Assets | 60.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28221.13 |
Drone Services USA Inc - Net Assets Trend (2000–2014)
This chart illustrates how Drone Services USA 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 Drone Services USA Inc (2000–2014)
The table below shows the annual net assets of Drone Services USA Inc from 2000 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-06-30 | $12.80 Million | +13.14% |
| 2013-06-30 | $11.32 Million | -9.40% |
| 2012-06-30 | $12.49 Million | +53.32% |
| 2011-06-30 | $8.15 Million | +235.78% |
| 2005-06-30 | $-6.00 Million | -23.57% |
| 2004-06-30 | $-4.86 Million | -429.91% |
| 2003-06-30 | $1.47 Million | +70458.25% |
| 2002-06-30 | $2.09K | +103.81% |
| 2001-06-30 | $-54.73K | -115.79% |
| 2000-06-30 | $-25.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Drone Services USA 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 284284400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.02 Million | 54.85% |
| Other Components | $9.33 Million | 72.83% |
| Total Equity | $12.80 Million | 100.00% |
Drone Services USA Inc Competitors by Market Cap
The table below lists competitors of Drone Services USA Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Integral Vision Inc
PINK:INVI
|
$0.98 |
|
Click To Raffle.Com Inc
PINK:AQFD
|
$0.98 |
|
Wake Up Now Inc
PINK:WORC
|
$0.98 |
|
Falken Industries
PINK:FLKI
|
$0.98 |
|
Paradigm Medical Ind
PINK:PDMI
|
$0.98 |
|
PPJ Healthcare Enterprises Inc
PINK:PPJE
|
$0.98 |
|
American Environmental Inc
PINK:MZPS
|
$0.98 |
|
Horizons Holdings International Corp
PINK:HZHI
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drone Services USA Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from 11,317,359 to 12,804,627, a change of 1,487,268 (13.1%).
- Net income of 761,589 contributed positively to equity growth.
- Other factors increased equity by 725,679.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $761.59K | +5.95% |
| Other Changes | $725.68K | +5.67% |
| Total Change | $- | 13.14% |
Book Value vs Market Value Analysis
This analysis compares Drone Services USA 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.
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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | $-2627.98 | $0.00 | x |
| 2001-06-30 | $-6080.56 | $0.00 | x |
| 2002-06-30 | $77.26 | $0.00 | x |
| 2003-06-30 | $10292.62 | $0.00 | x |
| 2004-06-30 | $-26534.12 | $0.00 | x |
| 2005-06-30 | $-29269.93 | $0.00 | x |
| 2012-06-30 | $14.09 | $0.00 | x |
| 2013-06-30 | $5.96 | $0.00 | x |
| 2014-06-30 | $0.47 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drone Services USA 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): 5.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.10%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.58x
- Recent ROE (5.95%) is above the historical average (-187.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.00x | 0.00x | $-24.85K |
| 2001 | 0.00% | -3184800.00% | 0.00x | 0.00x | $-26.38K |
| 2002 | -1446.02% | -607.41% | 0.10x | 22.98x | $-30.37K |
| 2003 | -414.03% | -276.30% | 0.26x | 5.87x | $-6.24 Million |
| 2004 | 0.00% | -5066.31% | 0.25x | 0.00x | $-6.51 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-584.33K |
| 2011 | -2.72% | -29.07% | 0.09x | 1.08x | $-1.04 Million |
| 2012 | -5.52% | -128.92% | 0.04x | 1.04x | $-1.94 Million |
| 2013 | -15.30% | -4436.60% | 0.00x | 1.58x | $-2.86 Million |
| 2014 | 5.95% | 24.10% | 0.16x | 1.58x | $-518.87K |
Industry Comparison
This section compares Drone Services USA Inc'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 |
|---|---|---|---|---|
| Drone Services USA Inc (DSUS) | $11.47 Million | 0.00% | 0.66x | $0.98 |
| 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 |