Alset Inc. financial data

Symbol
AEI on Nasdaq
Industry
Real Estate
Location
4800 Montgomery Lane, Suite 210, Bethesda, MD
State of incorporation
Texas
Fiscal year end
December 31
Former names
Alset EHome International Inc. (to 10/4/2022), HF Enterprises Inc. (to 2/4/2021)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.04K % -50.1%
Quick Ratio 0.2 % -72.8%
Debt-to-equity 8.04 % +79%
Return On Equity -56.9 % -145%
Return On Assets -48.4 % -124%
Operating Margin -119 % -3286%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.24M shares 0%
Common Stock, Shares, Outstanding 9.24M shares 0%
Entity Public Float 6.65M USD -67.2%
Common Stock, Value, Issued 9.24K USD 0%
Weighted Average Number of Shares Outstanding, Basic 9.24M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 9.24M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 9.22M USD -57.5%
Cost of Revenue 7.64M USD -47.3%
General and Administrative Expense 10.9M USD +37.7%
Costs and Expenses 20.2M USD -10%
Operating Income (Loss) -11M USD -1340%
Nonoperating Income (Expense) -48.5M USD -28.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -59.5M USD -53.9%
Income Tax Expense (Benefit) 45.1K USD
Net Income (Loss) Attributable to Parent -57.3M USD -65.1%
Earnings Per Share, Basic -6.29 USD/shares -38.2%
Earnings Per Share, Diluted -6.29 USD/shares +79.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.9M USD -34.3%
Accounts Receivable, after Allowance for Credit Loss, Current 79.2K USD +24.2%
Inventory, Net 6.03K USD -84.1%
Assets, Current 47.9M USD -54.1%
Property, Plant and Equipment, Net 667K USD -45.3%
Operating Lease, Right-of-Use Asset 1.82M USD +0.56%
Goodwill 60.3K USD -78%
Assets 93.5M USD -44.5%
Contract with Customer, Liability, Current 2.1K USD
Liabilities, Current 3.72M USD -42.8%
Operating Lease, Liability, Noncurrent 951K USD -42.3%
Liabilities 5.76M USD -29.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.55M USD -47%
Retained Earnings (Accumulated Deficit) -256M USD -29%
Stockholders' Equity Attributable to Parent 79.4M USD -39.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 87.7M USD -37.7%
Liabilities and Equity 93.5M USD -44.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.51M USD +54.1%
Net Cash Provided by (Used in) Financing Activities -240K USD -107%
Net Cash Provided by (Used in) Investing Activities -1.76M USD -362%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 9.24M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -6.56M USD -244%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 19.8M USD -33%
Interest Paid, Excluding Capitalized Interest, Operating Activities 992 USD -1.1%
Deferred Tax Assets, Valuation Allowance 14.3M USD +45%
Deferred Tax Assets, Gross 21.7M USD +32.8%
Operating Lease, Liability 1.88M USD +2.5%
Depreciation 309K USD +7.15%
Payments to Acquire Property, Plant, and Equipment 2.07K USD -75%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -61.2M USD -60.4%
Lessee, Operating Lease, Liability, to be Paid 2M USD +5.09%
Operating Lease, Liability, Current 929K USD +398%
Lessee, Operating Lease, Liability, to be Paid, Year Two 615K USD +4.36%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.01M USD -5.12%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 120K USD +73.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 278K USD +25.9%
Deferred Tax Assets, Operating Loss Carryforwards 2.85M USD +119%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 71.6K USD +143%
Additional Paid in Capital 334M USD +2.39%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 7.45K USD
Operating Leases, Future Minimum Payments Due, Next Twelve Months 691K USD -19.3%
Share-based Payment Arrangement, Expense 0 USD
Operating Leases, Future Minimum Payments Due 1.61M USD +13.4%
Interest Expense 19.1K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%