Elio Motors Inc
Elio Motors, Inc., a development stage company, designs, develops, manufactures, and sells automobiles. The company focuses on developing the Elio, a three wheeled vehicle for mass production in the United States, which gives 84 miles per gallon. Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona.
Elio Motors Inc (ELIO) - Net Assets
Latest net assets as of June 2021: $-130.90 Million USD
Based on the latest financial reports, Elio Motors Inc (ELIO) has net assets worth $-130.90 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 ($16.33 Million) and total liabilities ($147.23 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 | $-130.90 Million |
| % of Total Assets | -801.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Elio Motors Inc - Net Assets Trend (2013–2021)
This chart illustrates how Elio Motors 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 Elio Motors Inc (2013–2021)
The table below shows the annual net assets of Elio Motors Inc from 2013 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-143.45 Million | -16.90% |
| 2020-12-31 | $-122.71 Million | -17.06% |
| 2019-12-31 | $-104.82 Million | -19.94% |
| 2018-12-31 | $-87.39 Million | -13.65% |
| 2017-12-31 | $-76.90 Million | -6.87% |
| 2016-12-31 | $-71.96 Million | -116.15% |
| 2015-12-31 | $-33.29 Million | -12.09% |
| 2014-12-31 | $-29.70 Million | -313.53% |
| 2013-12-31 | $-7.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elio Motors 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 21626014700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $295.70K | % |
| Other Comprehensive Income | $-295.70K | % |
| Other Components | $93.11 Million | % |
| Total Equity | $-143.45 Million | 100.00% |
Elio Motors Inc Competitors by Market Cap
The table below lists competitors of Elio Motors Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Q & M DENTAL
BE:QMBN
|
$1.89K |
|
Ingenta plc
LSE:ING
|
$1.89K |
|
EnergyPathways plc
LSE:EPP
|
$1.89K |
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
$1.89K |
|
INEP3F
SA:INEP3F
|
$1.88K |
|
Inscobee Inc.
KQ:006490
|
$1.88K |
|
TRISTAR GOLD (7TG.SG)
STU:7TG
|
$1.88K |
|
Lion Rock Resources Inc.
PINK:LRRIF
|
$1.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elio Motors Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -122,705,818 to -143,445,122, a change of -20,739,304.
- Net loss of 20,761,000 reduced equity.
- Other comprehensive income decreased equity by 2,003,259.
- Other factors increased equity by 2,024,955.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.76 Million | -14.47% |
| Other Comprehensive Income | $-2.00 Million | -1.4% |
| Other Changes | $2.02 Million | +1.41% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Elio Motors 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 |
|---|---|---|---|
| 2013-12-31 | $-0.29 | $0.00 | x |
| 2014-12-31 | $-1.12 | $0.00 | x |
| 2015-12-31 | $-1.26 | $0.00 | x |
| 2016-12-31 | $-2.71 | $0.00 | x |
| 2017-12-31 | $-2.75 | $0.00 | x |
| 2018-12-31 | $-3.00 | $0.00 | x |
| 2019-12-31 | $-3.54 | $0.00 | x |
| 2020-12-31 | $-4.15 | $0.00 | x |
| 2021-12-31 | $-4.85 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elio Motors 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.65 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.62 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.15 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.52 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.57 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.08 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.93 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.70 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.42 Million |
Industry Comparison
This section compares Elio Motors Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $15,999,490,550
- Average return on equity (ROE) among peers: -29.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elio Motors Inc (ELIO) | $-130.90 Million | 0.00% | N/A | $1.88K |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $20.90 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $772.50 Million | -68.31% | 3.02x | $289.13 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $803.89 |
| AYRO Inc (AYRO) | $73.42 Million | -45.13% | 0.06x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $75.13 Billion | 16.48% | 2.05x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $59.64 Billion | 18.44% | 1.81x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $13.19 Million | -75.14% | 1.45x | $1.29K |
| BYD Company Limited (BYDDF) | $24.14 Billion | 0.34% | 1.85x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $-2.22 Million | 0.00% | 0.00x | $7.95 Million |