Argo Blockchain PLC (ARB) - Net Assets
Based on the latest financial reports, Argo Blockchain PLC (ARB) has net assets worth GBX-27.30 Million GBX (≈ $-3.32K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.61 Million ≈ $804.72 USD) and total liabilities (GBX33.91 Million ≈ $4.13K 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 ARB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX-27.30 Million |
| % of Total Assets | -412.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | -188.93% |
| 10-Year Change | N/A |
| Growth Volatility | 7038.82 |
Argo Blockchain PLC - Net Assets Trend (2018–2024)
This chart illustrates how Argo Blockchain PLC's net assets have evolved over time, based on quarterly financial data. Also explore ARB current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Argo Blockchain PLC (2018–2024)
The table below shows the annual net assets of Argo Blockchain PLC from 2018 to 2024. For live valuation and market cap data, see market cap of Argo Blockchain PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX-29.48 Million ≈ $-3.59K |
-18761.39% |
| 2023-12-31 | GBX158.00K ≈ $19.22 |
-99.36% |
| 2022-12-31 | GBX24.58 Million ≈ $2.99K |
-90.97% |
| 2021-12-31 | GBX272.27 Million ≈ $33.13K |
+721.25% |
| 2020-12-31 | GBX33.15 Million ≈ $4.03K |
+21.93% |
| 2019-12-31 | GBX27.19 Million ≈ $3.31K |
0.00% |
| 2018-12-31 | GBX27.19 Million ≈ $3.31K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Argo Blockchain PLC'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 24185154944.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX938.00K | % |
| Other Components | GBX216.65 Million | % |
| Total Equity | GBX-29.48 Million | 100.00% |
Argo Blockchain PLC Competitors by Market Cap
The table below lists competitors of Argo Blockchain PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gem Diamonds Ltd
LSE:GEMD
|
$71.50K |
|
Proteome Sciences PLC
LSE:PRM
|
$71.69K |
|
Heavitree Brewery A
LSE:HVTA
|
$72.76K |
|
Sutton Harbour Holdings plc
LSE:SUH
|
$73.91K |
|
Walker Crips Group PLC
LSE:WCW
|
$69.94K |
|
Seed Innovations Ltd
LSE:SEED
|
$69.75K |
|
URU Metals Ltd
LSE:URU
|
$69.61K |
|
Union Jack Oil plc
LSE:UJO
|
$69.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Argo Blockchain PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 158,000 to -29,485,000, a change of -29,643,000 (-18761.4%).
- Net loss of 55,102,000 reduced equity.
- New share issuances of 21,855,000 increased equity.
- Other comprehensive income increased equity by 14,090,837.
- Other factors decreased equity by 10,486,837.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-55.10 Million | -186.88% |
| Share Issuances | GBX21.86 Million | +74.12% |
| Other Comprehensive Income | GBX14.09 Million | +47.79% |
| Other Changes | GBX-10.49 Million | -35.57% |
| Total Change | GBX- | -18761.39% |
Book Value vs Market Value Analysis
This analysis compares Argo Blockchain PLC'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 |
|---|---|---|---|
| 2018-12-31 | GBX0.09 | GBX0.80 | x |
| 2019-12-31 | GBX0.09 | GBX0.80 | x |
| 2020-12-31 | GBX0.10 | GBX0.80 | x |
| 2021-12-31 | GBX0.66 | GBX0.80 | x |
| 2022-12-31 | GBX0.05 | GBX0.80 | x |
| 2023-12-31 | GBX0.00 | GBX0.80 | x |
| 2024-12-31 | GBX-0.05 | GBX0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Argo Blockchain PLC 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: -113.58%
- • Asset Turnover: 2.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3264.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -15.14% | -538.52% | 0.03x | 1.01x | GBX-6.84 Million |
| 2019 | -4.19% | -10.09% | 0.35x | 1.19x | GBX-3.86 Million |
| 2020 | 5.93% | 7.61% | 0.58x | 1.34x | GBX-1.35 Million |
| 2021 | 14.35% | 39.57% | 0.25x | 1.43x | GBX11.85 Million |
| 2022 | -931.57% | -390.83% | 0.53x | 4.49x | GBX-231.42 Million |
| 2023 | -21922.15% | -60.01% | 0.76x | 480.63x | GBX-34.65 Million |
| 2024 | 0.00% | -113.58% | 2.52x | 0.00x | GBX-52.15 Million |
Industry Comparison
This section compares Argo Blockchain PLC's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $598,514,204
- Average return on equity (ROE) among peers: 24.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Argo Blockchain PLC (ARB) | GBX-27.30 Million | -15.14% | N/A | $70.15K |
| ADVFN Plc (AFN) | $3.68 Million | -24.95% | 0.39x | $39.42K |
| Argentex Group PLC (AGFX) | $11.45 Million | 97.16% | 1.47x | $39.86K |
| Alpha Group International plc (ALPH) | $223.49 Million | 39.74% | 0.67x | $21.92 Million |
| finnCap Group PLC (CAV) | $4.72 Million | 49.18% | 1.56x | $361.51K |
| CMC Markets PLC (CMCX) | $320.22 Million | 1.84% | 0.00x | $12.13 Million |
| Fiske PLC (FKE) | $5.14 Million | 4.50% | 1.47x | $93.56K |
| Frp Advisory Group Plc (FRP) | $77.90 Million | 28.24% | 0.67x | $3.71 Million |
| IG Group Holdings PLC (IGG) | $138.00 Million | 8.83% | 1.02x | $62.72 Million |
| Investec plc (INVR) | $4.60 Billion | 14.03% | 9.99x | $76.40 Million |
About Argo Blockchain PLC
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining activities. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.