AFC Gamma Inc (AFCG) - Net Assets
Based on the latest financial reports, AFC Gamma Inc (AFCG) has net assets worth $175.57 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 ($275.59 Million) and total liabilities ($100.03 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. Check AFC Gamma Inc (AFCG) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $175.57 Million |
| % of Total Assets | 63.71% |
| Annual Growth Rate | 13.89% |
| 5-Year Change | -35.71% |
| 10-Year Change | N/A |
| Growth Volatility | 84.61 |
AFC Gamma Inc - Net Assets Trend (2020–2025)
This chart illustrates how AFC Gamma Inc's net assets have evolved over time, based on quarterly financial data. Also explore AFC Gamma Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for AFC Gamma Inc (2020–2025)
The table below shows the annual net assets of AFC Gamma Inc from 2020 to 2025. For live valuation and market cap data, see AFCG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $175.57 Million | -12.82% |
| 2024-12-31 | $201.38 Million | -37.08% |
| 2023-12-31 | $320.05 Million | -5.61% |
| 2022-12-31 | $339.06 Million | +24.16% |
| 2021-12-31 | $273.08 Million | +197.96% |
| 2020-12-31 | $91.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AFC Gamma 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 16201.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $235.29K | 0.13% |
| Other Components | $258.69 Million | 147.35% |
| Total Equity | $175.57 Million | 100.00% |
AFC Gamma Inc Competitors by Market Cap
The table below lists competitors of AFC Gamma Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cinclus Pharma
ST:CINPHA
|
$61.90 Million |
|
Atlas Resources Tbk
JK:ARII
|
$61.97 Million |
|
ENERGY&MACHINERY KOREA Co.Ltd
KQ:095190
|
$61.99 Million |
|
Pinetree Capital Ltd
TO:PNP
|
$62.00 Million |
|
Samsung Publis
KO:068290
|
$61.87 Million |
|
Cyclopharm Ltd
AU:CYC
|
$61.87 Million |
|
Ideal Bike
TWO:8933
|
$61.86 Million |
|
Klimasan Klima Sanayi ve Ticaret AS
IS:KLMSN
|
$61.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AFC Gamma Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 201,376,138 to 175,567,987, a change of -25,808,151 (-12.8%).
- Net loss of 20,673,426 reduced equity.
- Dividend payments of 19,345,396 reduced retained earnings.
- Other factors increased equity by 14,210,671.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.67 Million | -11.78% |
| Dividends Paid | $19.35 Million | -11.02% |
| Other Changes | $14.21 Million | +8.09% |
| Total Change | $- | -12.82% |
Book Value vs Market Value Analysis
This analysis compares AFC Gamma 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
- Current price-to-book ratio: 0.37x
- 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 |
|---|---|---|---|
| 2020-12-31 | $6.86 | $2.90 | x |
| 2021-12-31 | $16.61 | $2.90 | x |
| 2022-12-31 | $16.99 | $2.90 | x |
| 2023-12-31 | $15.73 | $2.90 | x |
| 2024-12-31 | $9.64 | $2.90 | x |
| 2025-12-31 | $7.88 | $2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AFC Gamma 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): -11.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.00%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.57x
- Recent ROE (-11.78%) is below the historical average (5.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 11.30% | 90.15% | 0.12x | 1.03x | $1.19 Million |
| 2021 | 7.69% | 55.14% | 0.08x | 1.70x | $-6.31 Million |
| 2022 | 10.60% | 50.23% | 0.14x | 1.53x | $2.03 Million |
| 2023 | 6.55% | 40.45% | 0.11x | 1.46x | $-11.05 Million |
| 2024 | 8.33% | 32.34% | 0.13x | 2.00x | $-3.35 Million |
| 2025 | -11.78% | -66.00% | 0.11x | 1.57x | $-38.23 Million |
Industry Comparison
This section compares AFC Gamma Inc's net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,108,397,033
- Average return on equity (ROE) among peers: 2.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AFC Gamma Inc (AFCG) | $175.57 Million | 11.30% | 0.57x | $61.88 Million |
| Arbor Realty Trust (ABR) | $154.75 Million | 2.20% | 1.19x | $1.55 Billion |
| Acres Commercial Realty Corp (ACR) | $553.82 Million | 4.95% | 2.85x | $138.06 Million |
| Ares Commercial Real Estate (ACRE) | $625.85 Million | -6.21% | 2.64x | $286.25 Million |
| AGNC Investment Corp (AGNC) | $546.82 Million | 21.69% | 7.46x | $12.12 Billion |
| Angel Oak Mortgage Inc (AOMR) | $491.39 Million | 4.30% | 4.25x | $210.28 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $2.21 Billion | 2.63% | 3.21x | $1.43 Billion |
| ARMOUR Residential REIT Inc (ARR) | $108.71 Million | 6.01% | 10.12x | $2.04 Billion |
| Brightspire Capital Inc (BRSP) | $1.49 Billion | -6.78% | 2.78x | $755.61 Million |
| Blackstone Mortgage Trust Inc (BXMT) | $3.79 Billion | -5.38% | 4.22x | $3.21 Billion |
About AFC Gamma Inc
Advanced Flower Capital Inc. originates, structures, underwrites, invests in, and manages senior secured loans and other types of mortgage loans and debt securities for established companies operating in the cannabis industry. It primarily originates loans structured as senior loans secured by real estate, equipment, cash flows, and licenses and/or other assets of the loan parties to the extent p… Read more