808 Renewable Energy Corp
808 Renewable Energy Corporation, through its subsidiaries, designs, develops, manufactures, distributes, and markets general aviation and electric vehicles in the United States. It offers AR-1 gyrocopter and electric reverse-trike vehicles under the Dagger, Arrow, and Orca names through distributors and dealers. The company was formerly known as Tri-Energy Corporation and changed its name to 808… Read more
808 Renewable Energy Corp (RNWR) - Net Assets
Latest net assets as of March 2023: $-699.09K USD
Based on the latest financial reports, 808 Renewable Energy Corp (RNWR) has net assets worth $-699.09K USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.00 Million) and total liabilities ($2.70 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 | $-699.09K |
| % of Total Assets | -34.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | -130.59% |
| 10-Year Change | N/A |
| Growth Volatility | 61.25 |
808 Renewable Energy Corp - Net Assets Trend (2010–2022)
This chart illustrates how 808 Renewable Energy 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 808 Renewable Energy Corp (2010–2022)
The table below shows the annual net assets of 808 Renewable Energy Corp from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-699.09K | -3680.92% |
| 2021-12-31 | $-18.49K | -402.72% |
| 2020-12-31 | $-3.68K | +96.90% |
| 2019-12-31 | $-118.48K | -105.18% |
| 2015-12-31 | $2.29 Million | -66.27% |
| 2014-12-31 | $6.77 Million | +37.44% |
| 2013-12-31 | $4.93 Million | -19.59% |
| 2012-12-31 | $6.13 Million | +78.70% |
| 2011-12-31 | $3.43 Million | +0.29% |
| 2010-12-31 | $3.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 808 Renewable Energy 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 decreased by 1645498200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.95K | % |
| Other Components | $23.67 Million | % |
| Total Equity | $-616.41K | 100.00% |
808 Renewable Energy Corp Competitors by Market Cap
The table below lists competitors of 808 Renewable Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSNA3F
SA:CSNA3F
|
$10.03K |
|
Ormester Vagyonvedelmi Nyrt.
BUD:ORM
|
$10.03K |
|
AZRS
PINK:AZRS
|
$10.03K |
|
Distribution Finance Capital Holdings PLC
LSE:DFCH
|
$10.03K |
|
Olimpo Real Estate SA
MC:YORE
|
$10.02K |
|
Macter International Ltd
KAR:MACTER
|
$10.01K |
|
Navidea Biopharmaceuticals Inc
PINK:NAVB
|
$10.01K |
|
ilShinbiobase Co. Ltd
KO:068330
|
$10.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 808 Renewable Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -211,488 to -616,414, a change of -404,926.
- Net loss of 404,926 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-404.93K | -65.69% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares 808 Renewable Energy 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.05 | $0.00 | x |
| 2011-12-31 | $0.05 | $0.00 | x |
| 2012-12-31 | $0.09 | $0.00 | x |
| 2013-12-31 | $0.07 | $0.00 | x |
| 2014-12-31 | $0.10 | $0.00 | x |
| 2015-12-31 | $0.03 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 808 Renewable Energy 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -95.40%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-35.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -54.23% | -768.57% | 0.05x | 1.56x | $-2.20 Million |
| 2011 | -75.95% | -398.56% | 0.10x | 1.95x | $-2.95 Million |
| 2012 | -55.21% | -191.54% | 0.27x | 1.06x | $-4.00 Million |
| 2013 | -24.36% | -95.53% | 0.23x | 1.12x | $-1.69 Million |
| 2014 | -67.16% | -1095.39% | 0.06x | 1.07x | $-5.23 Million |
| 2015 | -76.43% | -238.58% | 0.26x | 1.22x | $-1.98 Million |
| 2019 | 0.00% | -4.16% | 4.09x | 0.00x | $-38.74K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.29K |
| 2021 | 0.00% | -35.17% | 0.25x | 0.00x | $-192.85K |
| 2022 | 0.00% | -95.40% | 0.21x | 0.00x | $-343.28K |
Industry Comparison
This section compares 808 Renewable Energy Corp'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 |
|---|---|---|---|---|
| 808 Renewable Energy Corp (RNWR) | $-699.09K | -54.23% | N/A | $10.02K |
| 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 |