Lilium Equity Warrants
Lilium N.V. engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. It also provides aircraft manufacturer services, including training services, maintenance operations, material management and global distribution, flight operations support, ground service equipment, and digital solutions. … Read more
Lilium Equity Warrants (LILMW) - Net Assets
Latest net assets as of June 2024: $-30.41 Million USD
Based on the latest financial reports, Lilium Equity Warrants (LILMW) has net assets worth $-30.41 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($250.09 Million) and total liabilities ($280.49 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 | $-30.41 Million |
| % of Total Assets | -12.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 261.97 |
Lilium Equity Warrants - Net Assets Trend (2019–2023)
This chart illustrates how Lilium Equity Warrants's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lilium Equity Warrants (2019–2023)
The table below shows the annual net assets of Lilium Equity Warrants from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $37.06 Million | -81.79% |
| 2022-12-31 | $203.50 Million | -40.58% |
| 2021-12-31 | $342.51 Million | +493.38% |
| 2020-12-31 | $57.72 Million | +339.63% |
| 2019-12-31 | $-24.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lilium Equity Warrants'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 124164500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.73 Million | 15.46% |
| Other Comprehensive Income | $381.89 Million | 1030.51% |
| Other Components | $1.01 Billion | 2722.11% |
| Total Equity | $37.06 Million | 100.00% |
Lilium Equity Warrants Competitors by Market Cap
The table below lists competitors of Lilium Equity Warrants ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Txcom SA
PA:ALTXC
|
$2.77 Million |
|
Ganga Forging Limited
NSE:GANGAFORGE
|
$2.77 Million |
|
HOME DEPOT - Dusseldorf Stock Exchang
DU:HDI
|
$2.77 Million |
|
HPMT Holdings Bhd
KLSE:5291
|
$2.77 Million |
|
VS Media Holdings Limited Class A Ordinary Shares
NASDAQ:VSME
|
$2.77 Million |
|
AUX INTERN. HD-01
F:MEN
|
$2.77 Million |
|
Qlife Holding AB
ST:QLIFE
|
$2.77 Million |
|
Autocorp Holding Public Company Limited
BK:ACG
|
$2.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lilium Equity Warrants's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 203,503,000 to 37,058,000, a change of -166,445,000 (-81.8%).
- Net loss of 389,119,000 reduced equity.
- New share issuances of 104,699,000 increased equity.
- Other comprehensive income increased equity by 104,086,000.
- Other factors increased equity by 13,889,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-389.12 Million | -1050.03% |
| Share Issuances | $104.70 Million | +282.53% |
| Other Comprehensive Income | $104.09 Million | +280.87% |
| Other Changes | $13.89 Million | +37.48% |
| Total Change | $- | -81.79% |
Book Value vs Market Value Analysis
This analysis compares Lilium Equity Warrants'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: 0.10x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.08 | $0.01 | x |
| 2020-12-31 | $1.22 | $0.01 | x |
| 2021-12-31 | $1.59 | $0.01 | x |
| 2022-12-31 | $0.64 | $0.01 | x |
| 2023-12-31 | $0.07 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lilium Equity Warrants 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): -1050.03%
- 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: 8.42x
- Recent ROE (-1050.03%) is below the historical average (-324.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-61.07 Million |
| 2020 | -326.44% | -194254.64% | 0.00x | 3.20x | $-194.20 Million |
| 2021 | -120.01% | -874544.68% | 0.00x | 1.26x | $-445.29 Million |
| 2022 | -124.35% | 0.00% | 0.00x | 1.42x | $-273.41 Million |
| 2023 | -1050.03% | 0.00% | 0.00x | 8.42x | $-392.82 Million |
Industry Comparison
This section compares Lilium Equity Warrants'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 |
|---|---|---|---|---|
| Lilium Equity Warrants (LILMW) | $-30.41 Million | 0.00% | N/A | $2.77 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 |