Anika Therapeutics Inc
Anika Therapeutics, Inc., a joint preservation company, focuses on early intervention orthopedics in the United States, Europe, and internationally. The company offers osteoarthritis (OA) pain management products and services, such as Monovisc and Orthovisc, which are single- and multi-injection, HA viscosupplement products indicated for pain relief from OA conditions, as well as Cingal, a non-op… Read more
Anika Therapeutics Inc (ANIK) - Net Assets
Latest net assets as of December 2025: $143.47 Million USD
Based on the latest financial reports, Anika Therapeutics Inc (ANIK) has net assets worth $143.47 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 ($190.27 Million) and total liabilities ($46.80 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 | $143.47 Million |
| % of Total Assets | 75.4% |
| Annual Growth Rate | 10.05% |
| 5-Year Change | -50.03% |
| 10-Year Change | -35.6% |
| Growth Volatility | 75.26 |
Anika Therapeutics Inc - Net Assets Trend (1993–2025)
This chart illustrates how Anika Therapeutics 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 Anika Therapeutics Inc (1993–2025)
The table below shows the annual net assets of Anika Therapeutics Inc from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $143.47 Million | -6.83% |
| 2024-12-31 | $153.99 Million | -27.45% |
| 2023-12-31 | $212.26 Million | -25.67% |
| 2022-12-31 | $285.56 Million | -0.53% |
| 2021-12-31 | $287.08 Million | +5.39% |
| 2020-12-31 | $272.40 Million | -5.54% |
| 2019-12-31 | $288.38 Million | +9.39% |
| 2018-12-31 | $263.61 Million | +0.05% |
| 2017-12-31 | $263.49 Million | +18.28% |
| 2016-12-31 | $222.77 Million | +5.66% |
| 2015-12-31 | $210.85 Million | +18.39% |
| 2014-12-31 | $178.10 Million | +31.31% |
| 2013-12-31 | $135.63 Million | +24.52% |
| 2012-12-31 | $108.93 Million | +14.95% |
| 2011-12-31 | $94.76 Million | +11.24% |
| 2010-12-31 | $85.19 Million | +3.71% |
| 2009-12-31 | $82.14 Million | +35.20% |
| 2008-12-31 | $60.76 Million | +10.55% |
| 2007-12-31 | $54.96 Million | +20.83% |
| 2006-12-31 | $45.49 Million | +20.05% |
| 2005-12-31 | $37.89 Million | +24.80% |
| 2004-12-31 | $30.36 Million | +68.83% |
| 2003-12-31 | $17.98 Million | +5.39% |
| 2002-12-31 | $17.06 Million | -15.12% |
| 2001-12-31 | $20.10 Million | -24.74% |
| 2000-12-31 | $26.71 Million | +3.94% |
| 1999-12-31 | $25.70 Million | -14.05% |
| 1998-12-31 | $29.90 Million | +14.12% |
| 1997-12-31 | $26.20 Million | +424.00% |
| 1996-12-31 | $5.00 Million | -13.79% |
| 1995-12-31 | $5.80 Million | +7.41% |
| 1994-12-31 | $5.40 Million | -19.40% |
| 1993-12-31 | $6.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anika Therapeutics 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 grown by 6128700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $60.79 Million | 42.37% |
| Common Stock | $139.00K | 0.10% |
| Other Comprehensive Income | $-4.96 Million | -3.46% |
| Other Components | $87.50 Million | 60.99% |
| Total Equity | $143.47 Million | 100.00% |
Anika Therapeutics Inc Competitors by Market Cap
The table below lists competitors of Anika Therapeutics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
$166.04 Million |
|
Hubei Goto Biopharm Co.Ltd.
SHE:300966
|
$166.06 Million |
|
Zhejiang East Asia Pharmaceutical Co. Ltd.
SHG:605177
|
$166.08 Million |
|
LUBAWA SA
WAR:LBW
|
$166.08 Million |
|
Addcn Technology Co Ltd
TWO:5287
|
$165.95 Million |
|
Loandepot Inc
NYSE:LDI
|
$165.80 Million |
|
Reading International B Inc
NASDAQ:RDIB
|
$165.79 Million |
|
Fedbank Financial Services Limited
NSE:FEDFINA
|
$165.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anika Therapeutics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 153,989,000 to 143,465,000, a change of -10,524,000 (-6.8%).
- Net loss of 10,880,000 reduced equity.
- Share repurchases of 9,485,000 reduced equity.
- Other comprehensive income increased equity by 1,824,000.
- Other factors increased equity by 8,017,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.88 Million | -7.58% |
| Share Repurchases | $9.48 Million | -6.61% |
| Other Comprehensive Income | $1.82 Million | +1.27% |
| Other Changes | $8.02 Million | +5.59% |
| Total Change | $- | -6.83% |
Book Value vs Market Value Analysis
This analysis compares Anika Therapeutics 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: 1.45x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.79x to 1.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $2.14 | $14.51 | x |
| 1994-12-31 | $1.74 | $14.51 | x |
| 1995-12-31 | $1.77 | $14.51 | x |
| 1996-12-31 | $1.04 | $14.51 | x |
| 1997-12-31 | $3.49 | $14.51 | x |
| 1998-12-31 | $2.72 | $14.51 | x |
| 1999-12-31 | $2.51 | $14.51 | x |
| 2000-12-31 | $2.66 | $14.51 | x |
| 2001-12-31 | $2.02 | $14.51 | x |
| 2002-12-31 | $1.72 | $14.51 | x |
| 2003-12-31 | $1.66 | $14.51 | x |
| 2004-12-31 | $2.66 | $14.51 | x |
| 2005-12-31 | $3.32 | $14.51 | x |
| 2006-12-31 | $4.08 | $14.51 | x |
| 2007-12-31 | $4.80 | $14.51 | x |
| 2008-12-31 | $5.30 | $14.51 | x |
| 2009-12-31 | $7.10 | $14.51 | x |
| 2010-12-31 | $6.24 | $14.51 | x |
| 2011-12-31 | $6.89 | $14.51 | x |
| 2012-12-31 | $7.59 | $14.51 | x |
| 2013-12-31 | $9.15 | $14.51 | x |
| 2014-12-31 | $11.66 | $14.51 | x |
| 2015-12-31 | $13.76 | $14.51 | x |
| 2016-12-31 | $14.74 | $14.51 | x |
| 2017-12-31 | $17.49 | $14.51 | x |
| 2018-12-31 | $17.95 | $14.51 | x |
| 2019-12-31 | $20.06 | $14.51 | x |
| 2020-12-31 | $19.15 | $14.51 | x |
| 2021-12-31 | $19.62 | $14.51 | x |
| 2022-12-31 | $19.61 | $14.51 | x |
| 2023-12-31 | $14.48 | $14.51 | x |
| 2024-12-31 | $10.46 | $14.51 | x |
| 2025-12-31 | $10.01 | $14.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anika Therapeutics 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): -7.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.64%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.33x
- Recent ROE (-7.58%) is below the historical average (-1.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -23.88% | -72.73% | 0.23x | 1.43x | $-2.27 Million |
| 1994 | -25.93% | -29.79% | 0.61x | 1.43x | $-1.94 Million |
| 1995 | -34.48% | -58.82% | 0.43x | 1.38x | $-2.58 Million |
| 1996 | -54.00% | -225.00% | 0.17x | 1.38x | $-3.20 Million |
| 1997 | 12.60% | 27.50% | 0.42x | 1.10x | $680.00K |
| 1998 | 14.38% | 30.94% | 0.43x | 1.08x | $1.31 Million |
| 1999 | -9.73% | -18.52% | 0.42x | 1.26x | $-5.07 Million |
| 2000 | 0.65% | 1.06% | 0.56x | 1.08x | $-2.50 Million |
| 2001 | -33.61% | -59.74% | 0.49x | 1.14x | $-8.77 Million |
| 2002 | -17.82% | -23.05% | 0.66x | 1.18x | $-4.75 Million |
| 2003 | 4.60% | 5.37% | 0.70x | 1.22x | $-971.40K |
| 2004 | 36.85% | 42.28% | 0.44x | 1.96x | $8.15 Million |
| 2005 | 15.55% | 19.75% | 0.48x | 1.65x | $2.10 Million |
| 2006 | 10.12% | 17.15% | 0.39x | 1.50x | $55.41K |
| 2007 | 10.98% | 19.58% | 0.39x | 1.45x | $539.16K |
| 2008 | 5.97% | 10.14% | 0.37x | 1.58x | $-2.45 Million |
| 2009 | 4.49% | 9.19% | 0.31x | 1.59x | $-4.53 Million |
| 2010 | 5.07% | 7.77% | 0.43x | 1.51x | $-4.20 Million |
| 2011 | 8.93% | 13.07% | 0.49x | 1.40x | $-1.01 Million |
| 2012 | 10.79% | 16.48% | 0.50x | 1.30x | $864.95K |
| 2013 | 15.17% | 27.40% | 0.48x | 1.15x | $7.01 Million |
| 2014 | 21.52% | 36.29% | 0.54x | 1.09x | $20.51 Million |
| 2015 | 14.59% | 33.07% | 0.39x | 1.12x | $9.67 Million |
| 2016 | 14.61% | 31.48% | 0.43x | 1.08x | $10.27 Million |
| 2017 | 12.07% | 28.05% | 0.40x | 1.07x | $5.47 Million |
| 2018 | 7.10% | 17.74% | 0.38x | 1.06x | $-7.64 Million |
| 2019 | 9.43% | 23.73% | 0.35x | 1.15x | $-1.64 Million |
| 2020 | -8.80% | -18.38% | 0.36x | 1.34x | $-51.22 Million |
| 2021 | 1.44% | 2.80% | 0.43x | 1.21x | $-24.57 Million |
| 2022 | -5.20% | -9.51% | 0.45x | 1.22x | $-43.42 Million |
| 2023 | -38.95% | -68.44% | 0.45x | 1.27x | $-103.89 Million |
| 2024 | -36.62% | -47.02% | 0.59x | 1.32x | $-71.78 Million |
| 2025 | -7.58% | -9.64% | 0.59x | 1.33x | $-25.23 Million |
Industry Comparison
This section compares Anika Therapeutics Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anika Therapeutics Inc (ANIK) | $143.47 Million | -23.88% | 0.33x | $165.98 Million |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |