Light & Wonder Inc Net Assets
Light & Wonder Inc net assets. Based on the latest financial reports, Light & Wonder Inc (LNW) has net assets worth AU$301.87 Million AUD (≈ $213.59 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.36 Billion ≈ $4.50 Billion USD) and total liabilities (AU$6.06 Billion ≈ $4.29 Billion 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. Also explore LNW year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$301.87 Million |
| % of Total Assets | 4.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.37 |
Net Assets of Light & Wonder Inc (2021–2025)
Net assets of Light & Wonder Inc from 2021 to 2025. This chart illustrates how Light & Wonder Inc's net assets have evolved over time, based on quarterly financial data. See Light & Wonder Inc (LNW) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Light & Wonder Inc (2021–2025)
The table below shows the annual net assets of Light & Wonder Inc from 2021 to 2025. For live market cap and overall valuation, see LNW company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$245.00 Million ≈ $173.35 Million |
-61.48% |
| 2024-12-31 | AU$636.00 Million ≈ $450.01 Million |
-16.86% |
| 2023-12-31 | AU$765.00 Million ≈ $541.29 Million |
-34.11% |
| 2022-12-31 | AU$1.16 Billion ≈ $821.48 Million |
+155.13% |
| 2021-12-31 | AU$-2.11 Billion ≈ $-1.49 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Light & Wonder 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 grown by 445000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Light & Wonder Inc Net Assets Breakdown (December 2025)
Light & Wonder Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.29 Billion | 527.35% |
| Common Stock | AU$1.00 Million | 0.41% |
| Other Comprehensive Income | AU$-223.00 Million | -91.02% |
| Total Equity | AU$245.00 Million | 100.00% |
Light & Wonder Inc Competitors by Market Cap
The table below lists competitors of Light & Wonder Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sam Yang Foods
KO:003230
|
$6.17 Billion |
|
Belite Bio Inc ADR
NASDAQ:BLTE
|
$6.17 Billion |
|
Dongxing Sec Co Ltd
SHG:601198
|
$6.18 Billion |
|
Accelleron Industries AG
SW:ACLN
|
$6.18 Billion |
|
AutoNation Inc
NYSE:AN
|
$6.16 Billion |
|
Zhongtai Securities Co Ltd
SHG:600918
|
$6.15 Billion |
|
thyssenkrupp AG
F:TKA1
|
$6.15 Billion |
|
Enact Holdings Inc
NASDAQ:ACT
|
$6.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Light & Wonder Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 636,000,000 to 245,000,000, a change of -391,000,000 (-61.5%).
- Net income of 276,000,000 contributed positively to equity growth.
- Share repurchases of 880,000,000 reduced equity.
- Other comprehensive income increased equity by 142,000,000.
- Other factors increased equity by 71,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$276.00 Million | +112.65% |
| Share Repurchases | AU$880.00 Million | -359.18% |
| Other Comprehensive Income | AU$142.00 Million | +57.96% |
| Other Changes | AU$71.00 Million | +28.98% |
| Total Change | AU$- | -61.48% |
Book Value vs Market Value Analysis
This analysis compares Light & Wonder 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: 40.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | AU$-23.26 | AU$116.46 | x |
| 2022-12-31 | AU$10.42 | AU$116.46 | x |
| 2023-12-31 | AU$8.23 | AU$116.46 | x |
| 2024-12-31 | AU$6.99 | AU$116.46 | x |
| 2025-12-31 | AU$2.88 | AU$116.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Light & Wonder 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): 112.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.33%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 26.38x
- Recent ROE (112.65%) is above the historical average (111.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 17.23% | 0.27x | 0.00x | AU$596.60 Million |
| 2022 | 371.21% | 146.30% | 0.42x | 6.07x | AU$3.58 Billion |
| 2023 | 21.31% | 5.62% | 0.52x | 7.26x | AU$86.50 Million |
| 2024 | 52.83% | 10.54% | 0.59x | 8.52x | AU$272.40 Million |
| 2025 | 112.65% | 8.33% | 0.51x | 26.38x | AU$251.50 Million |
Industry Comparison
This section compares Light & Wonder Inc's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $917,217,716
- Average return on equity (ROE) among peers: -159.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Light & Wonder Inc (LNW) | AU$301.87 Million | 0.00% | 20.07x | $6.16 Billion |
| Ainsworth Game Technology Ltd (AGI) | $24.53 Million | -78.92% | 2.67x | $307.41 Million |
| Aristocrat Leisure Ltd (ALL) | $917.42 Million | 20.32% | 2.51x | $28.55 Billion |
| Betr Entertainment Ltd (BBT) | $3.43 Million | -1368.67% | 9.94x | $92.07 Million |
| Betmakers Technology Group Ltd (BET) | $60.40 Million | -3.54% | 0.04x | $166.46 Million |
| Jumbo Interactive Ltd (JIN) | $47.21 Million | 25.69% | 0.33x | $282.75 Million |
| Pointsbet Holdings Ltd (PBH) | $-17.55 Million | 0.00% | 0.00x | $183.23 Million |
| Tabcorp Holdings Ltd (TAH) | $6.03 Billion | -14.43% | 1.06x | $1.48 Billion |
| The Lottery Corporation Ltd (TLC) | $272.30 Million | 146.64% | 8.96x | $8.65 Billion |
About Light & Wonder Inc
Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. It operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals and video lottery terminals, including conversion kits and spare parts. This segment also leases or provides gaming content, gaming machi… Read more