Passur Aerospace Inc
PASSUR Aerospace, Inc., a business intelligence company, provides predictive analytics and decision support technology for the aviation industry in the United States and internationally. The company's products include ARiVAT EMPO, a dynamic gate-to-gate global flight tracking; ARiVA AWARE that provides continuous forecasts and alerts to optimize airline and airport operations; and ARiVA WORKFLOW,… Read more
Passur Aerospace Inc (PSSR) - Net Assets
Latest net assets as of July 2022: $-14.08 Million USD
Based on the latest financial reports, Passur Aerospace Inc (PSSR) has net assets worth $-14.08 Million USD as of July 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.13 Million) and total liabilities ($16.22 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 | $-14.08 Million |
| % of Total Assets | -659.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | -230.63% |
| 10-Year Change | -207.34% |
| Growth Volatility | 589.55 |
Passur Aerospace Inc - Net Assets Trend (1987–2021)
This chart illustrates how Passur Aerospace 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 Passur Aerospace Inc (1987–2021)
The table below shows the annual net assets of Passur Aerospace Inc from 1987 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-10-31 | $-11.04 Million | +2.78% |
| 2020-10-31 | $-11.36 Million | -2592.25% |
| 2019-10-31 | $455.73K | -87.39% |
| 2018-10-31 | $3.61 Million | -57.24% |
| 2017-10-31 | $8.45 Million | -31.43% |
| 2016-10-31 | $12.33 Million | +7.44% |
| 2015-10-31 | $11.47 Million | +3.61% |
| 2014-10-31 | $11.07 Million | +4.83% |
| 2013-10-31 | $10.56 Million | +2.69% |
| 2012-10-31 | $10.29 Million | +43.57% |
| 2011-10-31 | $7.16 Million | +228.05% |
| 2010-10-31 | $-5.60 Million | +5.85% |
| 2009-10-31 | $-5.94 Million | +3.43% |
| 2008-10-31 | $-6.15 Million | +9.07% |
| 2007-10-31 | $-6.77 Million | +7.22% |
| 2006-10-31 | $-7.29 Million | +2.67% |
| 2005-10-31 | $-7.49 Million | -14.06% |
| 2004-10-31 | $-6.57 Million | -18.58% |
| 2003-10-31 | $-5.54 Million | -80.01% |
| 2002-10-31 | $-3.08 Million | -211.26% |
| 2001-10-31 | $-988.82K | -263.65% |
| 2000-10-31 | $604.22K | -- |
| 1999-10-31 | $0.00 | -- |
| 1998-10-31 | $307.96K | -74.20% |
| 1997-10-31 | $1.19 Million | +83.63% |
| 1996-10-31 | $650.00K | -80.00% |
| 1991-10-31 | $3.25 Million | -28.73% |
| 1990-10-31 | $4.56 Million | -24.13% |
| 1989-10-31 | $6.01 Million | -25.80% |
| 1988-10-31 | $8.10 Million | -6.03% |
| 1987-10-31 | $8.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Passur Aerospace 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 472.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $84.96K | % |
| Other Components | $16.74 Million | % |
| Total Equity | $-11.04 Million | 100.00% |
Passur Aerospace Inc Competitors by Market Cap
The table below lists competitors of Passur Aerospace Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stargaze Entertainment Group Inc
PINK:STGZ
|
$318.01 |
|
Bigblu Broadband PLC
LSE:BBB
|
$318.27 |
|
Zicix Corp
PINK:ZICX
|
$319.56 |
|
Productivity Technologies Corp
PINK:PRAC
|
$320.53 |
|
North Africa Co. for Real Estate Investment
EGX:NOAF
|
$316.89 |
|
Balochistan Glass Ltd
KAR:BGL
|
$316.88 |
|
GMC GROUP FOR INDUSTRIAL COMMERCIAL & FINANCIAL INVESTMENTS
EGX:GMCI
|
$316.78 |
|
Delta CleanTech Inc
PINK:DCTIF
|
$316.24 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Passur Aerospace Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -11,357,913 to -11,041,948, a change of 315,965.
- Net income of 93,198 contributed positively to equity growth.
- Other factors increased equity by 222,767.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $93.20K | +0.84% |
| Other Changes | $222.77K | +2.02% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Passur Aerospace 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 |
|---|---|---|---|
| 1987-10-31 | $4.05 | $0.00 | x |
| 1988-10-31 | $4.01 | $0.00 | x |
| 1989-10-31 | $3.69 | $0.00 | x |
| 1990-10-31 | $2.83 | $0.00 | x |
| 1991-10-31 | $2.02 | $0.00 | x |
| 1996-10-31 | $0.41 | $0.00 | x |
| 1997-10-31 | $0.63 | $0.00 | x |
| 1998-10-31 | $0.12 | $0.00 | x |
| 1999-10-31 | $1.27 | $0.00 | x |
| 2000-10-31 | $0.22 | $0.00 | x |
| 2001-10-31 | $-0.28 | $0.00 | x |
| 2002-10-31 | $-0.89 | $0.00 | x |
| 2003-10-31 | $-1.58 | $0.00 | x |
| 2004-10-31 | $-1.66 | $0.00 | x |
| 2005-10-31 | $-1.83 | $0.00 | x |
| 2006-10-31 | $-1.37 | $0.00 | x |
| 2007-10-31 | $-1.23 | $0.00 | x |
| 2008-10-31 | $-1.13 | $0.00 | x |
| 2009-10-31 | $-1.13 | $0.00 | x |
| 2010-10-31 | $-1.05 | $0.00 | x |
| 2011-10-31 | $1.07 | $0.00 | x |
| 2012-10-31 | $1.29 | $0.00 | x |
| 2013-10-31 | $1.36 | $0.00 | x |
| 2014-10-31 | $1.43 | $0.00 | x |
| 2015-10-31 | $1.48 | $0.00 | x |
| 2016-10-31 | $1.59 | $0.00 | x |
| 2017-10-31 | $1.10 | $0.00 | x |
| 2018-10-31 | $0.47 | $0.00 | x |
| 2019-10-31 | $0.06 | $0.00 | x |
| 2020-10-31 | $-1.47 | $0.00 | x |
| 2021-10-31 | $-1.42 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Passur Aerospace 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: 1.51%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-48.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 15.20% | 10.45% | 1.21x | 1.20x | $448.00K |
| 1988 | -3.33% | -3.40% | 0.90x | 1.09x | $-1.08 Million |
| 1989 | -24.63% | -34.99% | 0.65x | 1.08x | $-2.08 Million |
| 1990 | -31.80% | -50.88% | 0.48x | 1.31x | $-1.91 Million |
| 1991 | -40.31% | -51.17% | 0.56x | 1.40x | $-1.64 Million |
| 1996 | -68.18% | -40.54% | 0.51x | 3.30x | $-516.00K |
| 1997 | -4.57% | -3.69% | 0.57x | 2.17x | $-173.86K |
| 1998 | -286.00% | -83.62% | 0.59x | 5.83x | $-911.54K |
| 1999 | -6.25% | -18.18% | 0.69x | 0.50x | $-520.00K |
| 2000 | -96.46% | -33.18% | 0.75x | 3.89x | $-643.25K |
| 2001 | 0.00% | -173.23% | 0.28x | 0.00x | $-1.53 Million |
| 2002 | 0.00% | -128.23% | 0.37x | 0.00x | $-1.80 Million |
| 2003 | 0.00% | -116.34% | 0.47x | 0.00x | $-1.93 Million |
| 2004 | 0.00% | -47.64% | 0.71x | 0.00x | $-732.54K |
| 2005 | 0.00% | -24.26% | 0.89x | 0.00x | $-174.49K |
| 2006 | 0.00% | 2.39% | 0.72x | 0.00x | $832.29K |
| 2007 | 0.00% | 7.98% | 0.72x | 0.00x | $1.13 Million |
| 2008 | 0.00% | 6.53% | 0.73x | 0.00x | $1.11 Million |
| 2009 | 0.00% | 1.72% | 0.77x | 0.00x | $748.48K |
| 2010 | 0.00% | 0.19% | 0.83x | 0.00x | $580.89K |
| 2011 | 36.76% | 19.35% | 0.90x | 2.11x | $1.92 Million |
| 2012 | 27.82% | 22.88% | 0.69x | 1.76x | $1.83 Million |
| 2013 | 2.67% | 2.55% | 0.60x | 1.73x | $-774.43K |
| 2014 | 3.15% | 3.03% | 0.62x | 1.67x | $-759.01K |
| 2015 | 2.43% | 2.23% | 0.64x | 1.72x | $-868.05K |
| 2016 | 3.53% | 2.92% | 0.75x | 1.61x | $-798.07K |
| 2017 | -41.65% | -25.38% | 0.78x | 2.11x | $-4.37 Million |
| 2018 | -151.74% | -37.01% | 0.97x | 4.21x | $-5.85 Million |
| 2019 | -842.02% | -25.50% | 1.04x | 31.70x | $-3.88 Million |
| 2020 | 0.00% | -106.72% | 2.16x | 0.00x | $-11.17 Million |
| 2021 | 0.00% | 1.51% | 1.60x | 0.00x | $1.20 Million |
Industry Comparison
This section compares Passur Aerospace 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 |
|---|---|---|---|---|
| Passur Aerospace Inc (PSSR) | $-14.08 Million | 15.20% | N/A | $317.82 |
| 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 |