Advent Wireless Inc
Advent-AWI Holdings Inc., together with its subsidiaries, engages in the sale of cellular and wireless products, services, and accessories in Canada. It operates in two segments, Wireless Business and Financing Business. The company offers wireless voice and data, high speed internet, digital cable television, home phone, smart home monitoring, and Rogers Bank Mastercard products through an indep… Read more
Advent Wireless Inc (AWI) - Net Assets
Latest net assets as of September 2025: CA$12.23 Million CAD
Based on the latest financial reports, Advent Wireless Inc (AWI) has net assets worth CA$12.23 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$14.39 Million) and total liabilities (CA$2.16 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 | CA$12.23 Million |
| % of Total Assets | 85.0% |
| Annual Growth Rate | -1.15% |
| 5-Year Change | -23.3% |
| 10-Year Change | -17.4% |
| Growth Volatility | 5.83 |
Advent Wireless Inc - Net Assets Trend (2013–2024)
This chart illustrates how Advent Wireless Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Advent Wireless Inc (2013–2024)
The table below shows the annual net assets of Advent Wireless Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$13.43 Million | -5.99% |
| 2023-12-31 | CA$14.28 Million | -2.99% |
| 2022-12-31 | CA$14.72 Million | -9.73% |
| 2021-12-31 | CA$16.31 Million | -6.83% |
| 2020-12-31 | CA$17.51 Million | -5.04% |
| 2019-12-31 | CA$18.44 Million | -4.87% |
| 2018-12-31 | CA$19.38 Million | +9.38% |
| 2017-12-31 | CA$17.72 Million | +4.68% |
| 2016-12-31 | CA$16.93 Million | +4.12% |
| 2015-12-31 | CA$16.26 Million | +3.97% |
| 2014-12-31 | CA$15.63 Million | +2.50% |
| 2013-12-31 | CA$15.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advent Wireless Inc'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 19.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$8.33 Million | 62.98% |
| Other Components | CA$4.90 Million | 37.02% |
| Total Equity | CA$13.23 Million | 100.00% |
Advent Wireless Inc Competitors by Market Cap
The table below lists competitors of Advent Wireless Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mazarin Inc
V:MAZ-H
|
$2.59 Million |
|
Libet S.A.
WAR:LBT
|
$2.59 Million |
|
HWA AG
F:H9W
|
$2.60 Million |
|
Accelerate Resources Ltd
AU:AX8
|
$2.60 Million |
|
Yanaprima Hastapersada Tbk
JK:YPAS
|
$2.59 Million |
|
Castro
TA:CAST
|
$2.59 Million |
|
Altitude Minerals Ltd
AU:ATT
|
$2.59 Million |
|
Minox International Group Berhad
KLSE:0288
|
$2.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advent Wireless Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,179,900 to 13,231,254, a change of -948,646 (-6.7%).
- Net income of 244,905 contributed positively to equity growth.
- Dividend payments of 1,193,551 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$244.91K | +1.85% |
| Dividends Paid | CA$1.19 Million | -9.02% |
| Total Change | CA$- | -6.69% |
Book Value vs Market Value Analysis
This analysis compares Advent Wireless Inc'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: 0.55x
- 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 0.41x to 0.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$1.49 | CA$0.61 | x |
| 2018-12-31 | CA$1.63 | CA$0.61 | x |
| 2019-12-31 | CA$1.55 | CA$0.61 | x |
| 2020-12-31 | CA$1.47 | CA$0.61 | x |
| 2021-12-31 | CA$1.36 | CA$0.61 | x |
| 2022-12-31 | CA$1.23 | CA$0.61 | x |
| 2023-12-31 | CA$1.19 | CA$0.61 | x |
| 2024-12-31 | CA$1.11 | CA$0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advent Wireless Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.46%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.26x
- Recent ROE (1.85%) is below the historical average (4.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.29% | 7.48% | 0.95x | 1.31x | CA$-108.65K |
| 2014 | 10.07% | 9.85% | 0.82x | 1.25x | CA$11.52K |
| 2015 | 7.49% | 7.14% | 0.88x | 1.20x | CA$-408.08K |
| 2016 | 7.68% | 8.06% | 0.78x | 1.21x | CA$-393.88K |
| 2017 | 7.90% | 10.84% | 0.61x | 1.19x | CA$-373.75K |
| 2018 | 11.55% | 24.47% | 0.40x | 1.18x | CA$300.01K |
| 2019 | 4.49% | 13.10% | 0.30x | 1.14x | CA$-1.02 Million |
| 2020 | 4.73% | 19.96% | 0.21x | 1.16x | CA$-920.77K |
| 2021 | -4.42% | -12.82% | 0.29x | 1.18x | CA$-2.35 Million |
| 2022 | -6.35% | -16.97% | 0.32x | 1.17x | CA$-2.39 Million |
| 2023 | 0.95% | 2.36% | 0.33x | 1.22x | CA$-1.28 Million |
| 2024 | 1.85% | 4.46% | 0.33x | 1.26x | CA$-1.08 Million |
Industry Comparison
This section compares Advent Wireless Inc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $4,246,096
- Average return on equity (ROE) among peers: 102.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advent Wireless Inc (AWI) | CA$12.23 Million | 9.29% | 0.18x | $2.59 Million |
| FTI Foodtech International Inc (FTI) | $5.82K | 201.99% | 27.59x | $2.48 Million |
| Rocky Mountain Liquor Inc (RUM) | $8.49 Million | 3.27% | 1.80x | $1.73 Million |