DriveItAway Inc
DriveItAway Holdings, Inc. engages in the development of consumer-facing app and Web-based platform that enables car dealers to sell vehicles through eCommerce with its Pay as You Go app-based subscription program. It offers turnkey solutions, including driven program with proprietary mobile technology and driver app, insurance coverages, and training to dealerships in online sales opportunities.… Read more
DriveItAway Inc (DWAY) - Net Assets
Latest net assets as of December 2025: $-8.50 Million USD
Based on the latest financial reports, DriveItAway Inc (DWAY) has net assets worth $-8.50 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($680.29K) and total liabilities ($9.18 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 | $-8.50 Million |
| % of Total Assets | -1249.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -725.41% |
| Growth Volatility | 247.18 |
DriveItAway Inc - Net Assets Trend (2015–2025)
This chart illustrates how DriveItAway 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 DriveItAway Inc (2015–2025)
The table below shows the annual net assets of DriveItAway Inc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $-8.50 Million | -114.72% |
| 2024-09-30 | $-3.96 Million | -102.60% |
| 2023-09-30 | $-1.95 Million | -77.79% |
| 2022-09-30 | $-1.10 Million | -126.47% |
| 2021-09-30 | $-485.37K | +73.29% |
| 2020-09-30 | $-1.82 Million | +25.52% |
| 2019-09-30 | $-2.44 Million | -616.49% |
| 2018-09-30 | $472.34K | -31.46% |
| 2017-09-30 | $689.17K | -49.30% |
| 2016-09-30 | $1.36 Million | -57.44% |
| 2015-09-30 | $3.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DriveItAway 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 1646.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.00K | % |
| Other Components | $1.95 Million | % |
| Total Equity | $-8.50 Million | 100.00% |
DriveItAway Inc Competitors by Market Cap
The table below lists competitors of DriveItAway Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trucept Inc
PINK:TREP
|
$762.94K |
|
ORUM
KQ:475830
|
$763.59K |
|
Sileon AB
ST:SILEON
|
$763.64K |
|
Omkar Speciality Chemicals Limited
NSE:OMKARCHEM
|
$764.06K |
|
Totalindo Eka Persada Tbk PT
JK:TOPS
|
$762.33K |
|
Rapid Nutrition PLC
PINK:RPNRF
|
$762.22K |
|
Stelmine Canada Ltd
OTCQB:STHFF
|
$761.70K |
|
QTCG PUBLIC COMPANY LIMITED
BK:QTCG
|
$761.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DriveItAway Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,959,602 to -8,502,123, a change of -4,542,521.
- Net loss of 4,902,480 reduced equity.
- New share issuances of 26,500 increased equity.
- Other factors increased equity by 333,459.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.90 Million | -57.66% |
| Share Issuances | $26.50K | +0.31% |
| Other Changes | $333.46K | +3.92% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares DriveItAway 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.27 | $0.02 | x |
| 2016-09-30 | $0.11 | $0.02 | x |
| 2017-09-30 | $0.06 | $0.02 | x |
| 2018-09-30 | $0.04 | $0.02 | x |
| 2019-09-30 | $-0.20 | $0.02 | x |
| 2020-09-30 | $-0.13 | $0.02 | x |
| 2021-09-30 | $0.00 | $0.02 | x |
| 2022-09-30 | $-0.01 | $0.02 | x |
| 2023-09-30 | $-0.02 | $0.02 | x |
| 2024-09-30 | $-0.04 | $0.02 | x |
| 2025-09-30 | $-0.07 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DriveItAway 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -496.23%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -14.31% | -8.00% | 1.40x | 1.28x | $-776.34K |
| 2016 | -133.74% | -56.14% | 1.58x | 1.51x | $-1.95 Million |
| 2017 | -149.60% | -41.98% | 2.19x | 1.63x | $-1.10 Million |
| 2018 | -46.33% | -9.05% | 3.24x | 1.58x | $-266.07K |
| 2019 | 0.00% | 44.65% | 2.09x | 0.00x | $2.26 Million |
| 2020 | 0.00% | 20.41% | 1.91x | 0.00x | $801.85K |
| 2021 | 0.00% | -569.76% | 3.80x | 0.00x | $-627.15K |
| 2022 | 0.00% | -2657.88% | 0.19x | 0.00x | $-1.37 Million |
| 2023 | 0.00% | -302.70% | 1.33x | 0.00x | $-734.70K |
| 2024 | 0.00% | -487.70% | 0.43x | 0.00x | $-1.85 Million |
| 2025 | 0.00% | -496.23% | 1.45x | 0.00x | $-4.05 Million |
Industry Comparison
This section compares DriveItAway Inc's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,407,402,768
- Average return on equity (ROE) among peers: -22.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DriveItAway Inc (DWAY) | $-8.50 Million | -14.31% | N/A | $762.37K |
| AerCap Holdings NV (AER) | $95.64 Million | -290.23% | 46.07x | $21.49 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| Air Lease Corporation (AL) | $7.16 Billion | 8.58% | 3.25x | $6.80 Billion |
| ALD S.A (ALLDF) | $2.76 Billion | 15.36% | 4.69x | $6.73 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $101.18 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |