Radiant Energy Corporation
Radiant Energy Corporation, through its subsidiaries, develops and commercializes radiant-energy based aircraft de-icing technology primarily in the United States and Canada. The company's thermal deicing technology utilizes natural gas or propane to produce infrared radiant energy to remove frost, snow, ice, and water from aircraft surfaces. Its system is the non-glycol based alternative approve… Read more
Radiant Energy Corporation (RDEGF) - Net Assets
Latest net assets as of July 2012: $-4.30 Million USD
Based on the latest financial reports, Radiant Energy Corporation (RDEGF) has net assets worth $-4.30 Million USD as of July 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($77.90K) and total liabilities ($4.38 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 | $-4.30 Million |
| % of Total Assets | -5520.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Radiant Energy Corporation - Net Assets Trend (2008–2011)
This chart illustrates how Radiant Energy Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Radiant Energy Corporation (2008–2011)
The table below shows the annual net assets of Radiant Energy Corporation from 2008 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-10-31 | $-3.51 Million | -49.42% |
| 2010-10-31 | $-2.35 Million | +0.98% |
| 2009-10-31 | $-2.37 Million | -66.58% |
| 2008-10-31 | $-1.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Radiant Energy Corporation'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 319527500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $32.77 Million | % |
| Other Components | $2.07 Million | % |
| Total Equity | $-3.51 Million | 100.00% |
Radiant Energy Corporation Competitors by Market Cap
The table below lists competitors of Radiant Energy Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VMS Rehab Systems Inc
PINK:VRSYF
|
$0.91 |
|
NZJ Holdings Inc
PINK:NZIH
|
$0.91 |
|
T.W. Christian Inc
PINK:TWCI
|
$0.91 |
|
Meltronix Inc
PINK:MTNX
|
$0.91 |
|
DNA Brands Inc
PINK:DNAX
|
$0.91 |
|
Silverstar Holdings Ltd
PINK:SSTRF
|
$0.91 |
|
Amazonas Florestal Ltd
PINK:AZFL
|
$0.91 |
|
Concorde Gaming Corporation
PINK:CGAM
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radiant Energy Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from -2,347,846 to -3,508,085, a change of -1,160,239.
- Net loss of 1,163,559 reduced equity.
- Other factors increased equity by 3,320.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.16 Million | -33.17% |
| Other Changes | $3.32K | +0.09% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Radiant Energy Corporation'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Radiant Energy Corporation 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: -3049.96%
- • Asset Turnover: 0.40x
- • 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 |
|---|---|---|---|---|---|
| 2008 | 0.00% | -1255.51% | 0.36x | 0.00x | $-3.69 Million |
| 2009 | 0.00% | -446.85% | 1.38x | 0.00x | $-1.81 Million |
| 2010 | 0.00% | -113.88% | 0.72x | 0.00x | $95.28K |
| 2011 | 0.00% | -3049.96% | 0.40x | 0.00x | $-812.75K |
Industry Comparison
This section compares Radiant Energy Corporation'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 |
|---|---|---|---|---|
| Radiant Energy Corporation (RDEGF) | $-4.30 Million | 0.00% | N/A | $0.91 |
| 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 |