Automotive Finco Corp
Automotive Finco Corp., a specialty finance company, focuses on the auto retail sector in Canada and internationally. The company offers long term and debt-based acquisition financing to auto dealerships. It also focuses on direct investments and financing in the auto retail sector. The company was formerly known as Augyva Mining Resources Inc. and changed its name to Automotive Finco Corp. in Ma… Read more
Automotive Finco Corp (RMIAF) - Net Assets
Latest net assets as of September 2025: $25.91 Million USD
Based on the latest financial reports, Automotive Finco Corp (RMIAF) has net assets worth $25.91 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.95 Million) and total liabilities ($1.04 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 | $25.91 Million |
| % of Total Assets | 96.15% |
| Annual Growth Rate | 5.7% |
| 5-Year Change | -31.05% |
| 10-Year Change | 81.81% |
| Growth Volatility | 38.68 |
Automotive Finco Corp - Net Assets Trend (2012–2024)
This chart illustrates how Automotive Finco Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Automotive Finco Corp (2012–2024)
The table below shows the annual net assets of Automotive Finco Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $26.33 Million | +8.71% |
| 2023-12-31 | $24.22 Million | +6.52% |
| 2022-12-31 | $22.73 Million | -17.04% |
| 2021-12-31 | $27.40 Million | -28.23% |
| 2020-12-31 | $38.18 Million | -12.89% |
| 2019-12-31 | $43.83 Million | -15.08% |
| 2018-12-31 | $51.61 Million | -0.06% |
| 2017-12-31 | $51.64 Million | +65.08% |
| 2016-12-31 | $31.28 Million | +116.04% |
| 2015-12-31 | $14.48 Million | +4.83% |
| 2014-12-31 | $13.81 Million | +5.37% |
| 2013-12-31 | $13.11 Million | -3.15% |
| 2012-12-31 | $13.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Automotive Finco Corp'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 grown by 1410060900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.59 Million | 13.64% |
| Common Stock | $15.17 Million | 57.63% |
| Other Components | $7.56 Million | 28.72% |
| Total Equity | $26.33 Million | 100.00% |
Automotive Finco Corp Competitors by Market Cap
The table below lists competitors of Automotive Finco Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordea Invest Klima og Miljø KL 1
CO:NDIKMKL1
|
$220.16K |
|
BankInvest EM Aktier A
CO:BAIEMMAA
|
$220.21K |
|
MultiMetaVerse Holdings Limited
NASDAQ:MMV
|
$220.22K |
|
Zwipe A/S
ST:ZWIPE
|
$220.37K |
|
Danavation Technologies Corp
PINK:DVNCF
|
$219.94K |
|
LINEPAY
TWO:7722
|
$219.92K |
|
S2S
STU:S2S
|
$219.77K |
|
Prominence Energy Limited
F:RSX
|
$219.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Automotive Finco Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,216,126 to 26,326,401, a change of 2,110,275 (8.7%).
- Net income of 2,110,275 contributed positively to equity growth.
- Other comprehensive income decreased equity by 18,271,080.
- Other factors increased equity by 18,271,080.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.11 Million | +8.02% |
| Other Comprehensive Income | $-18.27 Million | -69.4% |
| Other Changes | $18.27 Million | +69.4% |
| Total Change | $- | 8.71% |
Book Value vs Market Value Analysis
This analysis compares Automotive Finco Corp'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: 0.41x
- 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.
- The price-to-book ratio has increased from 0.15x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $3.57 | $0.55 | x |
| 2013-12-31 | $3.55 | $0.55 | x |
| 2014-12-31 | $2.19 | $0.55 | x |
| 2015-12-31 | $2.20 | $0.55 | x |
| 2017-12-31 | $2.43 | $0.55 | x |
| 2018-12-31 | $2.27 | $0.55 | x |
| 2019-12-31 | $1.90 | $0.55 | x |
| 2020-12-31 | $1.66 | $0.55 | x |
| 2021-12-31 | $1.35 | $0.55 | x |
| 2022-12-31 | $1.15 | $0.55 | x |
| 2023-12-31 | $1.22 | $0.55 | x |
| 2024-12-31 | $1.33 | $0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Automotive Finco Corp 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): 8.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 70.91%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.00x
- Recent ROE (8.02%) is above the historical average (-2.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -11.24% | 0.00% | 0.00x | 1.01x | $-2.88 Million |
| 2013 | -3.44% | 0.00% | 0.00x | 1.01x | $-1.76 Million |
| 2014 | -31.55% | 0.00% | 0.00x | 1.01x | $-5.74 Million |
| 2015 | 4.32% | 0.00% | 0.00x | 1.03x | $-822.76K |
| 2016 | -0.37% | 0.00% | 0.00x | 1.08x | $-3.24 Million |
| 2017 | 0.55% | 4.60% | 0.08x | 1.54x | $-4.88 Million |
| 2018 | 6.76% | 43.52% | 0.10x | 1.54x | $-1.67 Million |
| 2019 | -0.14% | -1.32% | 0.11x | 1.02x | $-4.44 Million |
| 2020 | -2.36% | 0.00% | 0.00x | 1.02x | $-4.72 Million |
| 2021 | -4.18% | 0.00% | 0.00x | 1.02x | $-3.89 Million |
| 2022 | -2.65% | -198.11% | 0.01x | 1.02x | $-2.88 Million |
| 2023 | 7.52% | 68.09% | 0.11x | 1.00x | $-600.93K |
| 2024 | 8.02% | 70.91% | 0.11x | 1.00x | $-522.37K |
Industry Comparison
This section compares Automotive Finco Corp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Automotive Finco Corp (RMIAF) | $25.91 Million | -11.24% | 0.04x | $220.00K |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |