Airtouch Solar Ltd (ARTS) - Net Assets

Latest as of June 2025: ILA19.71 Million ILA ≈ $52.83K USD

Based on the latest financial reports, Airtouch Solar Ltd (ARTS) has net assets worth ILA19.71 Million ILA (≈ $52.83K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA42.68 Million ≈ $114.42K USD) and total liabilities (ILA22.97 Million ≈ $61.59K 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 Airtouch Solar Ltd (ARTS) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ILA19.71 Million
% of Total Assets 46.17%
Annual Growth Rate 36.72%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 65.2

Airtouch Solar Ltd - Net Assets Trend (2018–2024)

This chart illustrates how Airtouch Solar Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Airtouch Solar Ltd for the complete picture of this company's asset base.

Annual Net Assets for Airtouch Solar Ltd (2018–2024)

The table below shows the annual net assets of Airtouch Solar Ltd from 2018 to 2024. For live valuation and market cap data, see market cap of Airtouch Solar Ltd.

Year Net Assets Change
2024-12-31 ILA23.68 Million
≈ $63.48K
-18.05%
2023-12-31 ILA28.89 Million
≈ $77.46K
-36.93%
2022-12-31 ILA45.81 Million
≈ $122.81K
-26.19%
2021-12-31 ILA62.06 Million
≈ $166.39K
+8202.09%
2020-12-31 ILA-766.00K
≈ $-2.05K
-194.45%
2019-12-31 ILA811.00K
≈ $2.17K
-77.62%
2018-12-31 ILA3.62 Million
≈ $9.71K
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Equity Component Analysis

This analysis shows how different components contribute to Airtouch Solar Ltd'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 7333200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock ILA4.00K 0.02%
Other Comprehensive Income ILA1.88 Million 7.95%
Other Components ILA97.46 Million 411.63%
Total Equity ILA23.68 Million 100.00%

Airtouch Solar Ltd Competitors by Market Cap

The table below lists competitors of Airtouch Solar Ltd ranked by their market capitalization.

Company Market Cap
Mortgage Advice
LSE:MAB1
$3.68 Million
Albright Metals Ltd
AU:ABR
$3.68 Million
Emergent Metals Corp
V:EMR
$3.68 Million
Indosterling Technomedia Tbk
JK:TECH
$3.68 Million
Tlou Energy Ltd
AU:TOU
$3.68 Million
Western Yilgarn NL
AU:WYX
$3.67 Million
Impera Capital S.A.
WAR:IMP
$3.66 Million
Digital Brands Group, Inc. Common Stock
NASDAQ:DBGI
$3.66 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Airtouch Solar Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 28,891,000 to 23,677,000, a change of -5,214,000 (-18.0%).
  • Net loss of 5,455,000 reduced equity.
  • Other comprehensive income increased equity by 1,605,000.
  • Other factors decreased equity by 1,364,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA-5.46 Million -23.04%
Other Comprehensive Income ILA1.60 Million +6.78%
Other Changes ILA-1.36 Million -5.76%
Total Change ILA- -18.05%

Book Value vs Market Value Analysis

This analysis compares Airtouch Solar Ltd'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: 63.68x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 122.11x to 63.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 ILA0.31 ILA37.60 x
2019-12-31 ILA-0.05 ILA37.60 x
2020-12-31 ILA-0.06 ILA37.60 x
2021-12-31 ILA1.80 ILA37.60 x
2022-12-31 ILA1.29 ILA37.60 x
2023-12-31 ILA0.78 ILA37.60 x
2024-12-31 ILA0.59 ILA37.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Airtouch Solar Ltd 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): -23.04%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -12.04%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 2.26x
  • Recent ROE (-23.04%) is above the historical average (-30.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 -53.71% 0.00% 0.00x 1.41x ILA-2.31 Million
2019 0.00% 0.00% 0.00x 0.00x ILA-5.04 Million
2020 0.00% -463.34% 0.28x 0.00x ILA-8.88 Million
2021 -27.29% -162.00% 0.13x 1.26x ILA-23.14 Million
2022 -36.75% -102.33% 0.28x 1.27x ILA-21.42 Million
2023 -69.38% -123.25% 0.29x 1.95x ILA-22.93 Million
2024 -23.04% -12.04% 0.85x 2.26x ILA-7.82 Million

Industry Comparison

This section compares Airtouch Solar Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.

Industry Context

  • Industry: Pollution & Treatment Controls
  • Average net assets among peers: $18,666,976
  • Average return on equity (ROE) among peers: 15.77%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Airtouch Solar Ltd (ARTS) ILA19.71 Million -53.71% 1.17x $3.68 Million
Amiad Water Systems Ltd (AMD) $18.67 Million 15.77% 1.18x $60.93 Million

About Airtouch Solar Ltd

TA:ARTS Israel Pollution & Treatment Controls
Market Cap
$3.68 Million
ILA1.37 Billion ILA
Market Cap Rank
#29067 Global
#423 in Israel
Share Price
ILA37.60
Change (1 day)
-13.36%
52-Week Range
ILA26.00 - ILA71.50
All Time High
ILA971.70
About

Airtouch Solar Ltd develops, manufactures, markets, operates, and maintains autonomous robotic cleaning solutions for solar power plants in Israel and internationally. The company offers Airtouch AT 4.0, an advanced linear, water-free solar module cleaning robot; Airtouch AV 2.0 for trackers; and Airtouch IoT cloud-based control systems. It also provides maintenance and services for spare parts, … Read more