Havanna Holding SA (HAVA) - Net Assets
Based on the latest financial reports, Havanna Holding SA (HAVA) has net assets worth AR$63.57 Billion ARS (≈ $46.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$137.58 Billion ≈ $99.55 Million USD) and total liabilities (AR$74.01 Billion ≈ $53.55 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 Havanna Holding SA (HAVA) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$63.57 Billion |
| % of Total Assets | 46.21% |
| Annual Growth Rate | 86.1% |
| 5-Year Change | 2918.86% |
| 10-Year Change | 21459.32% |
| Growth Volatility | 211.86 |
Havanna Holding SA - Net Assets Trend (2015–2025)
This chart illustrates how Havanna Holding SA's net assets have evolved over time, based on quarterly financial data. See Havanna Holding SA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Havanna Holding SA (2015–2025)
The table below shows the annual net assets of Havanna Holding SA from 2015 to 2025. For live valuation and market cap data, see market value of Havanna Holding SA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AR$63.57 Billion ≈ $46.00 Million |
+8.85% |
| 2024-12-31 | AR$58.40 Billion ≈ $42.26 Million |
+17.74% |
| 2023-12-31 | AR$49.60 Billion ≈ $35.89 Million |
+720.58% |
| 2022-12-31 | AR$6.04 Billion ≈ $4.37 Million |
+187.07% |
| 2021-12-31 | AR$2.11 Billion ≈ $1.52 Million |
+92.23% |
| 2020-12-31 | AR$1.10 Billion ≈ $792.66K |
-30.42% |
| 2019-12-31 | AR$1.57 Billion ≈ $1.14 Million |
+28.46% |
| 2018-12-31 | AR$1.23 Billion ≈ $886.81K |
+271.52% |
| 2017-12-31 | AR$329.87 Million ≈ $238.70K |
+11.88% |
| 2016-12-31 | AR$294.86 Million ≈ $213.36K |
+131.34% |
| 2015-12-31 | AR$127.45 Million ≈ $92.23K |
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Equity Component Analysis
This analysis shows how different components contribute to Havanna Holding SA'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 16735.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$11.34 Billion | 18.69% |
| Other Components | AR$49.35 Billion | 81.31% |
| Total Equity | AR$60.70 Billion | 100.00% |
Havanna Holding SA Competitors by Market Cap
The table below lists competitors of Havanna Holding SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tobii AB
ST:TOBII
|
$49.79 Million |
|
Yuhan Corp Preferred
KO:000105
|
$49.81 Million |
|
Rompetrol Well
RO:PTR
|
$49.82 Million |
|
Seoul Auction Co. Ltd
KQ:063170
|
$49.82 Million |
|
Ene Technology Inc
TW:6243
|
$49.77 Million |
|
Shareholder Value Beteiligungen AG
XETRA:SVE
|
$49.76 Million |
|
Sea & Land Integrated Co
TWO:5603
|
$49.73 Million |
|
Libental
TA:LBTL
|
$49.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Havanna Holding SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 55,750,924,563 to 60,695,332,417, a change of 4,944,407,854 (8.9%).
- Net income of 11,344,641,106 contributed positively to equity growth.
- Dividend payments of 6,836,304,151 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$11.34 Billion | +18.69% |
| Dividends Paid | AR$6.84 Billion | -11.26% |
| Other Changes | AR$436.07 Million | +0.72% |
| Total Change | AR$- | 8.87% |
Book Value vs Market Value Analysis
This analysis compares Havanna Holding SA'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: 4.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 801.15x to 4.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$6.70 | AR$5370.00 | x |
| 2018-12-31 | AR$24.90 | AR$5370.00 | x |
| 2019-12-31 | AR$31.99 | AR$5370.00 | x |
| 2020-12-31 | AR$21.74 | AR$5370.00 | x |
| 2021-12-31 | AR$42.24 | AR$5370.00 | x |
| 2022-12-31 | AR$128.68 | AR$5370.00 | x |
| 2023-12-31 | AR$1008.13 | AR$5370.00 | x |
| 2024-12-31 | AR$1186.79 | AR$5370.00 | x |
| 2025-12-31 | AR$1292.05 | AR$5370.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Havanna Holding SA 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): 18.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.19%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 2.27x
- Recent ROE (18.69%) is below the historical average (27.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 55.15% | 7.82% | 1.72x | 4.10x | AR$54.01 Million |
| 2016 | 26.20% | 7.39% | 1.67x | 2.12x | AR$45.58 Million |
| 2017 | 30.19% | 7.46% | 1.88x | 2.15x | AR$63.58 Million |
| 2018 | 12.10% | 6.66% | 1.12x | 1.62x | AR$24.53 Million |
| 2019 | 8.43% | 4.04% | 1.06x | 1.98x | AR$-23.57 Million |
| 2020 | -55.00% | -20.49% | 0.76x | 3.52x | AR$-663.87 Million |
| 2021 | 23.16% | 8.38% | 1.02x | 2.71x | AR$261.07 Million |
| 2022 | 121.72% | 17.06% | 3.96x | 1.80x | AR$6.75 Billion |
| 2023 | 33.02% | 16.16% | 1.13x | 1.80x | AR$10.90 Billion |
| 2024 | 30.53% | 10.97% | 1.16x | 2.39x | AR$11.44 Billion |
| 2025 | 18.69% | 7.19% | 1.15x | 2.27x | AR$5.28 Billion |
Industry Comparison
This section compares Havanna Holding SA's net assets metrics with peer companies in the Restaurants industry.
No peer company data available for comparison.
About Havanna Holding SA
Havanna Holding S.A., through its subsidiaries, engages in the operation and franchise of coffee shops in Brazil, Peru, Paraguay, Chile, Spain, and Bolivia. The company offers caramel cookies, havannets, cookies, mini line, chocolates, caramel sauce, haired, lattes, and frappes. It also operates bars and cafés. The company is involved in the distribution activities in the United States, Colombia,… Read more