Acceleware Ltd (AXE) - Net Assets
Based on the latest financial reports, Acceleware Ltd (AXE) has net assets worth CA$-5.80 Million CAD (≈ $-4.20 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 (CA$562.94K ≈ $407.22K USD) and total liabilities (CA$6.37 Million ≈ $4.61 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Acceleware Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-5.80 Million |
| % of Total Assets | -1031.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -914.42% |
| Growth Volatility | 201.91 |
Acceleware Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Acceleware Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Acceleware Ltd for the complete picture of this company's asset base.
Annual Net Assets for Acceleware Ltd (2005–2024)
The table below shows the annual net assets of Acceleware Ltd from 2005 to 2024. For live valuation and market cap data, see Acceleware Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-5.40 Million ≈ $-3.91 Million |
+32.31% |
| 2023-12-31 | CA$-7.98 Million ≈ $-5.77 Million |
-11.48% |
| 2022-12-31 | CA$-7.16 Million ≈ $-5.18 Million |
-73.64% |
| 2021-12-31 | CA$-4.12 Million ≈ $-2.98 Million |
-517.81% |
| 2020-12-31 | CA$-667.35K ≈ $-482.75K |
-158.20% |
| 2019-12-31 | CA$1.15 Million ≈ $829.54K |
-46.76% |
| 2018-12-31 | CA$2.15 Million ≈ $1.56 Million |
+335.79% |
| 2017-12-31 | CA$494.24K ≈ $357.52K |
-35.19% |
| 2016-12-31 | CA$762.55K ≈ $551.62K |
+14.96% |
| 2015-12-31 | CA$663.34K ≈ $479.85K |
-19.72% |
| 2014-12-31 | CA$826.28K ≈ $597.72K |
+115.83% |
| 2013-12-31 | CA$382.84K ≈ $276.94K |
-50.03% |
| 2012-12-31 | CA$766.07K ≈ $554.17K |
-34.82% |
| 2011-12-31 | CA$1.18 Million ≈ $850.15K |
+91.14% |
| 2010-12-31 | CA$614.86K ≈ $444.78K |
-43.81% |
| 2009-12-31 | CA$1.09 Million ≈ $791.53K |
-39.25% |
| 2008-12-31 | CA$1.80 Million ≈ $1.30 Million |
-83.87% |
| 2007-12-31 | CA$11.17 Million ≈ $8.08 Million |
+686.99% |
| 2006-12-31 | CA$1.42 Million ≈ $1.03 Million |
+66.95% |
| 2005-12-31 | CA$849.93K ≈ $614.83K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Acceleware 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 4021335100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$34.94 Million | % |
| Total Equity | CA$-5.40 Million | 100.00% |
Acceleware Ltd Competitors by Market Cap
The table below lists competitors of Acceleware Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Decent Holding Inc Ordinary Shares
NASDAQ:DXST
|
$11.80 Million |
|
Aalborg Boldspilklub A/S
CO:AAB
|
$11.80 Million |
|
LIFESPEAK INC.
F:81F
|
$11.80 Million |
|
PT Dafam Property Indonesia Tbk
JK:DFAM
|
$11.80 Million |
|
Truscott Mining Corporation Ltd
AU:TRM
|
$11.79 Million |
|
Urgent.ly Inc. Common Stock
NASDAQ:ULY
|
$11.79 Million |
|
Biocardia Inc
NASDAQ:BCDA
|
$11.78 Million |
|
Cahayaputra Asa Keramik Tbk PT
JK:CAKK
|
$11.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Acceleware Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -7,980,775 to -5,402,361, a change of 2,578,414.
- Net income of 2,001,685 contributed positively to equity growth.
- New share issuances of 8,501 increased equity.
- Other comprehensive income decreased equity by 675,151.
- Other factors increased equity by 1,243,379.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$2.00 Million | +37.05% |
| Share Issuances | CA$8.50K | +0.16% |
| Other Comprehensive Income | CA$-675.15K | -12.5% |
| Other Changes | CA$1.24 Million | +23.02% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Acceleware 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.15 | CA$0.13 | x |
| 2006-12-31 | CA$0.08 | CA$0.13 | x |
| 2007-12-31 | CA$0.32 | CA$0.13 | x |
| 2008-12-31 | CA$0.04 | CA$0.13 | x |
| 2009-12-31 | CA$0.02 | CA$0.13 | x |
| 2010-12-31 | CA$0.01 | CA$0.13 | x |
| 2011-12-31 | CA$0.02 | CA$0.13 | x |
| 2012-12-31 | CA$0.01 | CA$0.13 | x |
| 2013-12-31 | CA$0.01 | CA$0.13 | x |
| 2014-12-31 | CA$0.01 | CA$0.13 | x |
| 2015-12-31 | CA$0.01 | CA$0.13 | x |
| 2016-12-31 | CA$0.01 | CA$0.13 | x |
| 2017-12-31 | CA$0.01 | CA$0.13 | x |
| 2018-12-31 | CA$0.02 | CA$0.13 | x |
| 2019-12-31 | CA$0.01 | CA$0.13 | x |
| 2020-12-31 | CA$-0.01 | CA$0.13 | x |
| 2021-12-31 | CA$-0.04 | CA$0.13 | x |
| 2022-12-31 | CA$-0.07 | CA$0.13 | x |
| 2023-12-31 | CA$-0.07 | CA$0.13 | x |
| 2024-12-31 | CA$-0.05 | CA$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acceleware Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.25%
- • Asset Turnover: 15.37x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-109.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -14.47% | -933.38% | 0.01x | 1.09x | CA$-208.00K |
| 2006 | -159.82% | -215.50% | 0.58x | 1.28x | CA$-2.41 Million |
| 2007 | -60.34% | -256.01% | 0.21x | 1.13x | CA$-7.85 Million |
| 2008 | -582.81% | -276.39% | 1.23x | 1.72x | CA$-10.68 Million |
| 2009 | -101.21% | -30.77% | 1.92x | 1.71x | CA$-1.22 Million |
| 2010 | -120.19% | -29.74% | 1.95x | 2.07x | CA$-800.48K |
| 2011 | 38.48% | 16.37% | 1.66x | 1.41x | CA$334.73K |
| 2012 | -63.16% | -16.62% | 1.93x | 1.97x | CA$-560.42K |
| 2013 | -112.58% | -14.06% | 2.73x | 2.94x | CA$-469.28K |
| 2014 | -19.23% | -5.98% | 1.51x | 2.13x | CA$-241.53K |
| 2015 | -33.06% | -7.78% | 1.74x | 2.44x | CA$-285.61K |
| 2016 | -263.59% | -144.07% | 0.52x | 3.55x | CA$-2.09 Million |
| 2017 | -556.36% | -208.30% | 0.91x | 2.94x | CA$-2.80 Million |
| 2018 | -4.58% | -2.28% | 0.70x | 2.86x | CA$-314.01K |
| 2019 | -135.93% | -107.21% | 0.22x | 5.68x | CA$-1.67 Million |
| 2020 | 0.00% | -233.48% | 0.23x | 0.00x | CA$-2.03 Million |
| 2021 | 0.00% | -541.94% | 0.14x | 0.00x | CA$-3.67 Million |
| 2022 | 0.00% | -1566.33% | 0.13x | 0.00x | CA$-4.43 Million |
| 2023 | 0.00% | -733.08% | 0.18x | 0.00x | CA$-1.25 Million |
| 2024 | 0.00% | 38.25% | 15.37x | 0.00x | CA$2.54 Million |
Industry Comparison
This section compares Acceleware Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $59,590,962
- Average return on equity (ROE) among peers: -1.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acceleware Ltd (AXE) | CA$-5.80 Million | -14.47% | N/A | $11.79 Million |
| Abaxx Technologies Inc (ABXX) | $27.94 Million | -42.69% | 0.05x | $1.39 Billion |
| Adcore Inc (ADCO) | $1.19 Million | -17.83% | 0.01x | $10.05 Million |
| AnalytixInsight Inc (ALY) | $-2.56 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $-7.80 Million | 0.00% | 0.00x | $4.14 Million |
| BLUERUSH Media Group Corp (BTV) | $-2.89 Million | 0.00% | 0.00x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-3.36 Million | 0.00% | 0.00x | $2.80 Million |
| Computer Modelling Group Ltd. (CMG) | $63.17 Million | 43.74% | 0.59x | $231.91 Million |
| Constellation Software Inc. (CSU) | $457.51 Million | 45.20% | 3.12x | $37.43 Billion |
| NamSys Inc (CTZ) | $3.11 Million | -40.95% | 0.32x | $24.35 Million |
About Acceleware Ltd
Acceleware Ltd. operates as a clean-tech technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing (HPC). It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products. The company's solutions include AxFDTD; AxHeat … Read more