Ethernity Networks Ltd (ENET) - Net Assets
Based on the latest financial reports, Ethernity Networks Ltd (ENET) has net assets worth GBX381.34K GBX (≈ $46.40 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.58 Million ≈ $435.62 USD) and total liabilities (GBX3.20 Million ≈ $389.23 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 Ethernity Networks Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX381.34K |
| % of Total Assets | 10.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | -69.27% |
| 10-Year Change | N/A |
| Growth Volatility | 894.82 |
Ethernity Networks Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Ethernity Networks Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ethernity Networks Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Ethernity Networks Ltd (2014–2024)
The table below shows the annual net assets of Ethernity Networks Ltd from 2014 to 2024. For live valuation and market cap data, see ENET stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.74 Million ≈ $333.91 |
-53.62% |
| 2023-12-31 | GBX5.92 Million ≈ $719.95 |
+6.07% |
| 2022-12-31 | GBX5.58 Million ≈ $678.75 |
-56.94% |
| 2021-12-31 | GBX12.96 Million ≈ $1.58K |
+45.06% |
| 2020-12-31 | GBX8.93 Million ≈ $1.09K |
-22.06% |
| 2019-12-31 | GBX11.46 Million ≈ $1.39K |
-30.50% |
| 2018-12-31 | GBX16.49 Million ≈ $2.01K |
-12.53% |
| 2017-12-31 | GBX18.85 Million ≈ $2.29K |
+2686.31% |
| 2016-12-31 | GBX676.49K ≈ $82.31 |
+508.59% |
| 2015-12-31 | GBX-165.56K ≈ $-20.14 |
+79.65% |
| 2014-12-31 | GBX-813.77K ≈ $-99.01 |
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Equity Component Analysis
This analysis shows how different components contribute to Ethernity Networks Ltd'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 4194248300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX271.25K | 9.88% |
| Other Comprehensive Income | GBX1.87 Million | 68.17% |
| Other Components | GBX49.26 Million | 1794.76% |
| Total Equity | GBX2.74 Million | 100.00% |
Ethernity Networks Ltd Competitors by Market Cap
The table below lists competitors of Ethernity Networks Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pathkey.ai Ltd
AU:PKY
|
$338.25 |
|
Ordinary Fully Paid Deferred Settlement
AU:IPTDA
|
$344.11 |
|
Data Storage Corporation
NASDAQ:DTSTW
|
$371.75 |
|
Ageson Bhd
KLSE:7145
|
$372.19 |
|
Guna Timur Raya PT
JK:TRUK
|
$290.28 |
|
Future Supply Chain Solutions Limited
NSE:FSC
|
$285.95 |
|
Waldencast Acquisition Corp
NASDAQ:WALDW
|
$278.59 |
|
Biocept Inc.
NASDAQ:BIOCQ
|
$262.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ethernity Networks Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,917,173 to 2,744,379, a change of -3,172,794 (-53.6%).
- Net loss of 5,832,709 reduced equity.
- New share issuances of 1,941,541 increased equity.
- Other comprehensive income increased equity by 536,406.
- Other factors increased equity by 181,968.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-5.83 Million | -212.53% |
| Share Issuances | GBX1.94 Million | +70.75% |
| Other Comprehensive Income | GBX536.41K | +19.55% |
| Other Changes | GBX181.97K | +6.63% |
| Total Change | GBX- | -53.62% |
Book Value vs Market Value Analysis
This analysis compares Ethernity Networks Ltd'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: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | GBX-0.03 | GBX0.00 | x |
| 2015-12-31 | GBX-0.01 | GBX0.00 | x |
| 2016-12-31 | GBX0.02 | GBX0.00 | x |
| 2017-12-31 | GBX0.67 | GBX0.00 | x |
| 2018-12-31 | GBX0.51 | GBX0.00 | x |
| 2019-12-31 | GBX0.35 | GBX0.00 | x |
| 2020-12-31 | GBX0.24 | GBX0.00 | x |
| 2021-12-31 | GBX0.19 | GBX0.00 | x |
| 2022-12-31 | GBX0.07 | GBX0.00 | x |
| 2023-12-31 | GBX0.04 | GBX0.00 | x |
| 2024-12-31 | GBX0.01 | GBX0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ethernity Networks Ltd 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): -212.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -421.57%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.14x
- Recent ROE (-212.53%) is below the historical average (-49.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -38.83% | 3.29x | 0.00x | GBX-769.82K |
| 2015 | 0.00% | 27.69% | 1.56x | 0.00x | GBX636.25K |
| 2016 | 118.38% | 37.05% | 0.75x | 4.24x | GBX733.17K |
| 2017 | 0.85% | 10.50% | 0.08x | 1.06x | GBX-1.73 Million |
| 2018 | -15.45% | -226.68% | 0.06x | 1.09x | GBX-4.20 Million |
| 2019 | -45.04% | -384.07% | 0.09x | 1.24x | GBX-6.31 Million |
| 2020 | -70.02% | -337.35% | 0.15x | 1.36x | GBX-7.15 Million |
| 2021 | -72.25% | -355.17% | 0.14x | 1.50x | GBX-10.66 Million |
| 2022 | -143.45% | -272.44% | 0.24x | 2.20x | GBX-8.56 Million |
| 2023 | -107.56% | -168.47% | 0.39x | 1.64x | GBX-6.96 Million |
| 2024 | -212.53% | -421.57% | 0.24x | 2.14x | GBX-6.11 Million |
Industry Comparison
This section compares Ethernity Networks Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $18,614,840
- Average return on equity (ROE) among peers: 1.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ethernity Networks Ltd (ENET) | GBX381.34K | 0.00% | 8.39x | $292.01 |
| Accesso Technology Group PLC (ACSO) | $19.82 Million | 20.40% | 0.08x | $1.23 Million |
| AdvancedAdvT Ltd (ADVT) | $121.66 Million | -6.34% | 0.01x | $2.64 Million |
| AIQ Ltd (AIQ) | $685.74K | -174.25% | 0.61x | $51.22K |
| Alfa Financial Software Holdings PLC (ALFA) | $43.40 Million | 44.24% | 0.94x | $5.45 Million |
| Altitude Group Plc (ALT) | $4.98 Million | 10.13% | 0.78x | $192.30K |
| Anemoi International Ltd (AMOI) | $3.54 Million | -13.07% | 0.07x | $28.66K |
| ActiveOps PLC (AOM) | $10.51 Million | 85.55% | 1.80x | $1.76 Million |
| Aptitude Software Group PLC (APTD) | $14.56 Million | 23.98% | 1.52x | $1.52 Million |
| Arcontech Group Plc (ARC) | $5.70 Million | 21.35% | 0.41x | $126.10K |
| Auction Technology Group PLC (ATG) | $-38.71 Million | 0.00% | 0.00x | $5.12 Million |
About Ethernity Networks Ltd
Ethernity Networks Ltd., a technology solutions provider, develops and delivers data processing technology and solutions for applications in telecommunications, mobile, security, and data center markets in Israel and the United States. It offers ENET network appliances, such as UEP2025 family universal edge platform and ENET UEP-20 universal edge platform, as well as PON devices comprising PON OL… Read more