AAC Clyde Space AB (publ) (AAC) - Net Assets
Based on the latest financial reports, AAC Clyde Space AB (publ) (AAC) has net assets worth Skr676.23 Million SEK (≈ $72.77 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 (Skr900.56 Million ≈ $96.91 Million USD) and total liabilities (Skr224.34 Million ≈ $24.14 Million USD). 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. Check AAC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr676.23 Million |
| % of Total Assets | 75.09% |
| Annual Growth Rate | 48.72% |
| 5-Year Change | 26.04% |
| 10-Year Change | 250075.09% |
| Growth Volatility | 6875.66 |
AAC Clyde Space AB (publ) - Net Assets Trend (2011–2024)
This chart illustrates how AAC Clyde Space AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of AAC Clyde Space AB (publ) for the complete picture of this company's asset base.
Annual Net Assets for AAC Clyde Space AB (publ) (2011–2024)
The table below shows the annual net assets of AAC Clyde Space AB (publ) from 2011 to 2024. For live valuation and market cap data, see AAC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr702.99 Million ≈ $75.65 Million |
+6.07% |
| 2023-12-31 | Skr662.75 Million ≈ $71.32 Million |
-0.11% |
| 2022-12-31 | Skr663.51 Million ≈ $71.40 Million |
-2.25% |
| 2021-12-31 | Skr678.81 Million ≈ $73.05 Million |
+21.70% |
| 2020-12-31 | Skr557.77 Million ≈ $60.02 Million |
+19.67% |
| 2019-12-31 | Skr466.10 Million ≈ $50.16 Million |
+13.11% |
| 2018-12-31 | Skr412.06 Million ≈ $44.34 Million |
+849.18% |
| 2017-12-31 | Skr43.41 Million ≈ $4.67 Million |
-38.28% |
| 2016-12-31 | Skr70.33 Million ≈ $7.57 Million |
+24929.54% |
| 2015-12-31 | Skr281.00K ≈ $30.24K |
-1.75% |
| 2014-12-31 | Skr286.00K ≈ $30.78K |
-36.73% |
| 2013-12-31 | Skr452.00K ≈ $48.64K |
-88.80% |
| 2011-12-31 | Skr4.04 Million ≈ $434.34K |
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Equity Component Analysis
This analysis shows how different components contribute to AAC Clyde Space AB (publ)'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 34698900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr11.78 Million | 1.67% |
| Other Comprehensive Income | Skr105.77 Million | 15.02% |
| Other Components | Skr937.00 Million | 133.09% |
| Total Equity | Skr704.02 Million | 100.00% |
AAC Clyde Space AB (publ) Competitors by Market Cap
The table below lists competitors of AAC Clyde Space AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compass Digital Acquisition Corp
NASDAQ:CDAQ
|
$83.68 Million |
|
Cell Biotech Co. Ltd
KQ:049960
|
$83.71 Million |
|
GlycoNex
TWO:4168
|
$83.71 Million |
|
Unitronics
TA:UNIT
|
$83.77 Million |
|
GrandTech C.G. Systems
TWO:6123
|
$83.57 Million |
|
Mobix Labs Inc
NASDAQ:MOBX
|
$83.52 Million |
|
Nobleoak Life Ltd
AU:NOL
|
$83.52 Million |
|
Dae Young Pkg
KO:014160
|
$83.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AAC Clyde Space AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 663,565,000 to 704,025,000, a change of 40,460,000 (6.1%).
- Net loss of 5,582,000 reduced equity.
- Other comprehensive income increased equity by 37,347,000.
- Other factors increased equity by 8,695,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-5.58 Million | -0.79% |
| Other Comprehensive Income | Skr37.35 Million | +5.3% |
| Other Changes | Skr8.70 Million | +1.24% |
| Total Change | Skr- | 6.10% |
Book Value vs Market Value Analysis
This analysis compares AAC Clyde Space AB (publ)'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: 0.98x
- 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 decreased from 21.91x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr5.45 | Skr119.40 | x |
| 2013-12-31 | Skr0.61 | Skr119.40 | x |
| 2014-12-31 | Skr0.39 | Skr119.40 | x |
| 2015-12-31 | Skr0.38 | Skr119.40 | x |
| 2016-12-31 | Skr121.47 | Skr119.40 | x |
| 2017-12-31 | Skr58.03 | Skr119.40 | x |
| 2018-12-31 | Skr306.27 | Skr119.40 | x |
| 2019-12-31 | Skr269.44 | Skr119.40 | x |
| 2020-12-31 | Skr254.93 | Skr119.40 | x |
| 2021-12-31 | Skr180.64 | Skr119.40 | x |
| 2022-12-31 | Skr168.50 | Skr119.40 | x |
| 2023-12-31 | Skr138.82 | Skr119.40 | x |
| 2024-12-31 | Skr122.09 | Skr119.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AAC Clyde Space AB (publ) 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): -0.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.58%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.40x
- Recent ROE (-0.79%) is above the historical average (-1051.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 1.11% | 0.14% | 1.76x | 4.67x | Skr-358.60K |
| 2013 | -406.64% | -4.93% | 1.33x | 61.87x | Skr-1.88 Million |
| 2014 | -6163.29% | -115.72% | 0.52x | 102.79x | Skr-17.66 Million |
| 2015 | -6951.96% | -81.14% | 0.60x | 142.27x | Skr-19.56 Million |
| 2016 | -34.57% | -106.53% | 0.22x | 1.45x | Skr-31.35 Million |
| 2017 | -62.42% | -204.01% | 0.22x | 1.38x | Skr-31.44 Million |
| 2018 | -10.36% | -54.80% | 0.17x | 1.10x | Skr-83.89 Million |
| 2019 | -8.70% | -61.06% | 0.12x | 1.17x | Skr-87.17 Million |
| 2020 | -6.87% | -38.92% | 0.15x | 1.14x | Skr-94.07 Million |
| 2021 | -5.82% | -21.94% | 0.21x | 1.29x | Skr-107.37 Million |
| 2022 | -7.02% | -23.66% | 0.22x | 1.33x | Skr-112.90 Million |
| 2023 | -6.23% | -14.95% | 0.29x | 1.41x | Skr-107.72 Million |
| 2024 | -0.79% | -1.58% | 0.36x | 1.40x | Skr-75.98 Million |
Industry Comparison
This section compares AAC Clyde Space AB (publ)'s net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,013,612,194
- Average return on equity (ROE) among peers: -103.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AAC Clyde Space AB (publ) (AAC) | Skr676.23 Million | 1.11% | 0.33x | $83.62 Million |
| Scandinavian Astor Group AB (ASTOR) | $84.45 Million | -6.47% | 1.39x | $124.32 Million |
| AVTECH Sweden AB Series B (AVT-B) | $712.02K | 0.22% | 13.31x | $33.70 Million |
| CTT Systems AB (CTT) | $29.39 Million | 43.69% | 0.33x | $163.42 Million |
| GomSpace Group AB (GOMX) | $185.31 Million | -29.13% | 0.69x | $284.60 Million |
| MilDef Group AB (MILDEF) | $787.90 Million | 1.80% | 0.77x | $877.30 Million |
| OXE Marine AB (OXE) | $13.36 Million | -871.50% | 24.39x | $16.93 Million |
| Saab AB (publ) (SAAB-B) | $6.94 Billion | 10.54% | 3.05x | $31.93 Billion |
| W5 Solutions AB (W5) | $64.76 Million | 20.70% | 1.23x | $107.71 Million |
About AAC Clyde Space AB (publ)
AAC Clyde Space AB (publ) provides small satellite technologies and services in Sweden, the United Kingdom, rest of Europe, the United States, Asia, and internationally. It offers command and data handling, cubesat batteries, power system, PCDU, communications, solar arrays, cubesat structure, payloads, attitude determination and control systems (ADCS), electrical power systems, laser and radio c… Read more