Spirit Blockchain Capital Inc.
Spirit Blockchain Capital Inc. operates as a digital asset and blockchain company. It offers holds and invests in a portfolio of crypto-currencies; and provides blockchain and advisory services to third parties. The company mines cryptocurrencies, lends fiat money and crypto coins; provides consulting services; and undertakes merger and acquisition activities. In addition, it invests in royalties… Read more
Spirit Blockchain Capital Inc. (JN9) - Net Assets
Latest net assets as of September 2025: €-968.81K EUR
Based on the latest financial reports, Spirit Blockchain Capital Inc. (JN9) has net assets worth €-968.81K EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€738.39K) and total liabilities (€1.71 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-968.81K |
| % of Total Assets | -131.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 544.26 |
Spirit Blockchain Capital Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Spirit Blockchain Capital Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spirit Blockchain Capital Inc. (2021–2024)
The table below shows the annual net assets of Spirit Blockchain Capital Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-1.25 Million | -24.48% |
| 2023-12-31 | €-1.00 Million | -1186.06% |
| 2022-12-31 | €92.23K | -97.55% |
| 2021-12-31 | €3.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spirit Blockchain Capital 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 decreased by 1650014300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €26.44 Million | % |
| Total Equity | €-1.25 Million | 100.00% |
Spirit Blockchain Capital Inc. Competitors by Market Cap
The table below lists competitors of Spirit Blockchain Capital Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medco Holdings Inc
PSE:MED
|
$15.52 |
|
FIRST MUTUAL PROPERTIES LIMITED
XZIM:FMP
|
$15.57 |
|
JNS Holdings Corp
PINK:JNSH
|
$15.61 |
|
Industrial Asphalts (Ceylon) PLC
CM:ASPHN0000
|
$15.71 |
|
TOURIST COMPANY OF NIGERIA PLC
XNSA:TOURIST
|
$14.98 |
|
Blast Applications
PINK:IFBC
|
$14.86 |
|
Bell Rose Capital Inc
PINK:BELR
|
$14.81 |
|
Xmet Inc
PINK:XMTTF
|
$14.78 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spirit Blockchain Capital Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,001,718 to -1,246,938, a change of -245,220.
- Net loss of 11,192,550 reduced equity.
- New share issuances of 1,405,120 increased equity.
- Other factors increased equity by 9,542,210.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-11.19 Million | -897.6% |
| Share Issuances | €1.41 Million | +112.69% |
| Other Changes | €9.54 Million | +765.25% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Spirit Blockchain Capital 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.04 | €0.00 | x |
| 2022-12-31 | €0.00 | €0.00 | x |
| 2023-12-31 | €-0.01 | €0.00 | x |
| 2024-12-31 | €-0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spirit Blockchain Capital 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-987.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -270.60% | 0.00% | -0.01x | 1.07x | €-10.56 Million |
| 2022 | -3678.11% | 0.00% | -0.65x | 8.01x | €-3.40 Million |
| 2023 | 0.00% | -1751.23% | 0.10x | 0.00x | €-1.87 Million |
| 2024 | 0.00% | 0.00% | -0.02x | 0.00x | €-11.07 Million |
Industry Comparison
This section compares Spirit Blockchain Capital Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $10,985,242,611
- Average return on equity (ROE) among peers: -17.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spirit Blockchain Capital Inc. (JN9) | €-968.81K | -270.60% | N/A | $15.23 |
| Bright Smart Securities & Commodities Group Limited (0BX) | $2.13 Billion | 33.04% | 6.44x | $877.25 Million |
| BIGG Digital Assets Inc (7111) | $14.75 Million | -19.99% | 1.01x | $11.85 Million |
| Berliner Effektengesellschaft AG (BFV) | $235.36 Million | 24.44% | 0.77x | $105.19 Million |
| Baader Bank Aktiengesellschaft (BWB) | $165.51 Million | 1.69% | 22.79x | $96.48 Million |
| CBEYOND (C5B) | $860.03K | -181.67% | 0.17x | $1.56 Million |
| Instant Group AG (CCB) | $2.10 Million | 30.51% | 0.39x | $18.97K |
| CASH Financial Services Group Limited (CFN0) | $331.47 Million | -19.24% | 2.57x | $8.21 Million |
| CSC Financial Co. Ltd (CS0) | $106.52 Billion | 6.78% | 4.32x | $5.32 Billion |
| DF Deutsche Forfait AG (DFTK) | $15.38 Million | 44.27% | 1.16x | $2.02 Million |
| IREN Limited (F8P) | $437.36 Million | -95.98% | 0.30x | $9.41 Billion |