Alset Inc. financial data

Symbol
AEI on Nasdaq
Industry
Real Estate
Location
4800 Montgomery Lane, Suite 210, Bethesda, Maryland
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
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.15K % -56.1%
Quick Ratio 0.3 % -65%
Debt-to-equity 7.63 % +115%
Return On Equity -45.8 % -89.1%
Return On Assets -38.8 % -64.6%
Operating Margin -11.2 % +94.9%

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 +9.28%
Weighted Average Number of Shares Outstanding, Diluted 9.24M shares +9.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 27.2M USD +689%
Cost of Revenue 18.5M USD +461%
General and Administrative Expense 10.5M USD +36.2%
Costs and Expenses 30.3M USD +176%
Operating Income (Loss) -3.05M USD +59.5%
Nonoperating Income (Expense) -61.1M USD -73.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -64.2M USD -49.9%
Income Tax Expense (Benefit) 92.4K USD
Net Income (Loss) Attributable to Parent -6.77M USD -75.5%
Earnings Per Share, Basic -6.79 USD/shares -26.2%
Earnings Per Share, Diluted -6.79 USD/shares -58.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.7M USD +27.1%
Accounts Receivable, after Allowance for Credit Loss, Current 85.4K USD +55.4%
Inventory, Net 6.41K USD -81.4%
Assets, Current 48.1M USD -49.2%
Property, Plant and Equipment, Net 682K USD -46.6%
Operating Lease, Right-of-Use Asset 1.51M USD -3.23%
Goodwill 60.1K USD
Assets 96.7M USD -37.9%
Contract with Customer, Liability, Current 2.1K USD
Liabilities, Current 4.64M USD -11%
Operating Lease, Liability, Noncurrent 971K USD -33.6%
Liabilities 6.67M USD -2.19%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.6M USD -45.5%
Retained Earnings (Accumulated Deficit) -255M USD -32.2%
Stockholders' Equity Attributable to Parent 81.7M USD -40.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 90M USD -39.5%
Liabilities and Equity 96.7M USD -37.9%

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 24.7M USD +28.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 992 USD -1.1%
Deferred Tax Assets, Valuation Allowance 14.3M USD +45%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 21.7M USD +32.8%
Operating Lease, Liability 1.55M USD -2.75%
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 -66.8M USD -61.5%
Lessee, Operating Lease, Liability, to be Paid 1.62M USD -5.33%
Operating Lease, Liability, Current 578K USD +342%
Lessee, Operating Lease, Liability, to be Paid, Year Two 488K USD -11.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 915K USD -4.03%
Operating Lease, Weighted Average Discount Rate, Percent 4.36 pure
Deferred Income Tax Expense (Benefit) 5.72M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 66.4K USD -41.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 213K USD +33.5%
Deferred Tax Assets, Operating Loss Carryforwards 2.85M USD +119%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 6.18M USD
Current Income Tax Expense (Benefit) 92.4K USD
Preferred Stock, Shares Authorized 25M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.36K USD
Additional Paid in Capital 334M USD +2.38%
Preferred Stock, Shares Outstanding 0 shares
Current Federal Tax Expense (Benefit) 92.4K USD
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%
Deferred State and Local Income Tax Expense (Benefit) -455K USD -139%
Interest Expense 19.1K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%