Airtouch Solar Ltd (ARTS) - Net Assets
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
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