EARNZ plc (EARN) - Net Assets
Based on the latest financial reports, EARNZ plc (EARN) has net assets worth GBX4.63 Million GBX (≈ $563.09 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX9.11 Million ≈ $1.11K USD) and total liabilities (GBX4.48 Million ≈ $545.57 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. See EARN net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX4.63 Million |
| % of Total Assets | 50.79% |
| Annual Growth Rate | 6.69% |
| 5-Year Change | 45.19% |
| 10-Year Change | N/A |
| Growth Volatility | 43.05 |
EARNZ plc - Net Assets Trend (2017–2024)
This chart illustrates how EARNZ plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is EARNZ plc worth.
Annual Net Assets for EARNZ plc (2017–2024)
The table below shows the annual net assets of EARNZ plc from 2017 to 2024. Also explore how fast is EARNZ plc growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX3.98 Million ≈ $483.76 |
+4166.69% |
| 2023-12-31 | GBX-97.77K ≈ $-11.90 |
-105.76% |
| 2022-12-31 | GBX1.70 Million ≈ $206.52 |
-9.27% |
| 2021-12-31 | GBX1.87 Million ≈ $227.61 |
-31.69% |
| 2020-12-31 | GBX2.74 Million ≈ $333.19 |
+850.20% |
| 2019-12-31 | GBX-365.04K ≈ $-44.41 |
-224.62% |
| 2018-12-31 | GBX-112.45K ≈ $-13.68 |
-104.45% |
| 2017-12-31 | GBX2.53 Million ≈ $307.51 |
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Equity Component Analysis
This analysis shows how different components contribute to EARNZ 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 1435142800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX4.09 Million | 102.82% |
| Other Comprehensive Income | GBX39.00K | 0.98% |
| Other Components | GBX15.62 Million | 392.88% |
| Total Equity | GBX3.98 Million | 100.00% |
EARNZ plc Competitors by Market Cap
The table below lists competitors of EARNZ plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Siam Cement Public Company Limited
F:TCM1
|
$73.81K |
|
Digitalbox PLC
LSE:DBOX
|
$75.33K |
|
Eenergy Group PLC
LSE:EAAS
|
$75.38K |
|
Tower Resources plc
LSE:TRP
|
$75.51K |
|
Cizzle Biotechnology Holdings PLC
LSE:CIZ
|
$72.34K |
|
GREENBANK CAPITAL
F:2TL
|
$70.90K |
|
Kasikornbank Public Company Limited
F:TFBF
|
$70.66K |
|
Argo Blockchain PLC
LSE:ARB
|
$70.15K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EARNZ plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -97,770 to 3,976,000, a change of 4,073,770.
- Net loss of 2,819,000 reduced equity.
- Other comprehensive income decreased equity by 131,000.
- Other factors increased equity by 7,023,770.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-2.82 Million | -70.9% |
| Other Comprehensive Income | GBX-131.00K | -3.29% |
| Other Changes | GBX7.02 Million | +176.65% |
| Total Change | GBX- | % |
Book Value vs Market Value Analysis
This analysis compares EARNZ 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
- Current price-to-book ratio: 69.48x
- 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 increased from 2.55x to 69.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | GBX1.76 | GBX4.50 | x |
| 2018-12-31 | GBX0.07 | GBX4.50 | x |
| 2019-12-31 | GBX-0.16 | GBX4.50 | x |
| 2020-12-31 | GBX1.02 | GBX4.50 | x |
| 2021-12-31 | GBX0.58 | GBX4.50 | x |
| 2022-12-31 | GBX0.43 | GBX4.50 | x |
| 2023-12-31 | GBX-0.02 | GBX4.50 | x |
| 2024-12-31 | GBX0.06 | GBX4.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EARNZ 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): -70.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -106.90%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.25x
- Recent ROE (-70.90%) is above the historical average (-275.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -71.48% | 0.00% | 0.00x | 1.17x | GBX-2.05 Million |
| 2018 | -1823.06% | 0.00% | 0.00x | 12.47x | GBX-2.41 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-1.83 Million |
| 2020 | -78.02% | -10367.11% | 0.01x | 1.25x | GBX-2.52 Million |
| 2021 | -49.98% | -918.39% | 0.04x | 1.38x | GBX-1.19 Million |
| 2022 | -107.32% | -436.35% | 0.18x | 1.37x | GBX-1.99 Million |
| 2023 | 0.00% | -344.57% | 0.58x | 0.00x | GBX-2.08 Million |
| 2024 | -70.90% | -106.90% | 0.30x | 2.25x | GBX-3.22 Million |
Industry Comparison
This section compares EARNZ plc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $661,902
- Average return on equity (ROE) among peers: -75.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EARNZ plc (EARN) | GBX4.63 Million | -71.48% | 0.97x | $73.32K |
| Alkemy Capital Investments Plc (ALK) | $-824.59K | 0.00% | 0.00x | $423.39K |
| Bay Capital PLC (BAY) | $4.58 Million | -0.01% | 0.02x | $108.59K |
| GS Chain PLC (GSC) | $1.00 | 0.00% | 219070.00x | $6.81K |
| in Style Group PLC (ITS) | $912.00K | -367.00% | 3.82x | $406.88K |
| MyHealthChecked Plc (MHC) | $388.75K | -111.33% | 0.53x | $55.40K |
| Milton Capital PLC (MII) | $926.10K | -10.69% | 0.04x | $3.95K |
| Red Capital PLC (REDC) | $122.73K | -190.66% | 0.37x | $122.43K |
| Seed Capital Solutions Plc (SCSP) | $-5.04K | 0.00% | 0.00x | $169.19 |
| Spiritus Mundi PLC (SPMU) | $-140.06K | 0.00% | 0.00x | $224.94 |
About EARNZ plc
EARNZ plc provides heating maintenance, new energy services, and boiler refits across residential and commercial properties. Previously, it was engaged in the manufacture and commercialization of solar technology. It focuses on building businesses in the energy services sector; and decarbonization of public and private sector building fabric. The company was formerly known as Verditek PLC and cha… Read more