Aether Global Innovations Corp.
Aether Global Innovations Corp. operates as an unmanned aerial vehicle (UAV), and drone management and operation services company that focuses on critical infrastructure, and public and private facilities. The company offers UAV/drone design and development; automation and integration for flight planning, new, sensor payloads, and stand-alone power sources; and drone base station infrastructure a… Read more
Aether Global Innovations Corp. (AETHF) - Total Assets
Latest total assets as of May 2024: $47.21K USD
Based on the latest financial reports, Aether Global Innovations Corp. (AETHF) holds total assets worth $47.21K USD as of May 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Aether Global Innovations Corp. - Total Assets Trend (2019–2023)
This chart illustrates how Aether Global Innovations Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Aether Global Innovations Corp. - Asset Composition Analysis
Current Asset Composition (November 2023)
Aether Global Innovations Corp.'s total assets of $47.21K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Aether Global Innovations Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Aether Global Innovations Corp.'s current assets represent 100.0% of total assets in 2023, an increase from 98.3% in 2019.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2023, down from 78.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Aether Global Innovations Corp. Competitors by Total Assets
Key competitors of Aether Global Innovations Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
China | CN¥52.14 Billion |
|
Shenzhen Infinova Ltd
SHE:002528
|
China | CN¥1.89 Billion |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
China | CN¥1.55 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
China | CN¥9.73 Billion |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
China | CN¥1.27 Billion |
|
Mirae ING Co Ltd
KO:007120
|
Korea | ₩71.72 Billion |
|
S-1 Corp
KO:012750
|
Korea | ₩2.38 Trillion |
|
Hitron Systems
KO:019490
|
Korea | ₩44.03 Billion |
Aether Global Innovations Corp. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Aether Global Innovations Corp. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Aether Global Innovations Corp. is currently not profitable relative to its asset base.
Aether Global Innovations Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.06 | 2.05 | 0.12 |
| Quick Ratio | 0.06 | 2.05 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-788.82K | $ 338.84K | $ -1.16 Million |
Aether Global Innovations Corp. - Advanced Valuation Insights
This section examines the relationship between Aether Global Innovations Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.77 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | 54.0% |
| Total Assets | $228.25K |
| Market Capitalization | $93.45K USD |
Valuation Analysis
Below Book Valuation: The market values Aether Global Innovations Corp.'s assets below their book value (0.41 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Aether Global Innovations Corp.'s assets grew by 54.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Aether Global Innovations Corp. (2019–2023)
The table below shows the annual total assets of Aether Global Innovations Corp. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-11-30 | $228.25K | +54.02% |
| 2022-11-30 | $148.20K | -90.43% |
| 2021-11-30 | $1.55 Million | +492.67% |
| 2020-11-30 | $261.38K | -64.68% |
| 2019-11-30 | $739.99K | -- |