Antalpha Platform Holding Co (ANTA) - Net Assets
Based on the latest financial reports, Antalpha Platform Holding Co (ANTA) has net assets worth $212.10 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.21 Billion) and total liabilities ($997.99 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 ANTA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $212.10 Million |
| % of Total Assets | 17.53% |
| Annual Growth Rate | 298.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.63 |
Antalpha Platform Holding Co - Net Assets Trend (2023–2025)
This chart illustrates how Antalpha Platform Holding Co's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Antalpha Platform Holding Co (ANTA) market capitalisation.
Annual Net Assets for Antalpha Platform Holding Co (2023–2025)
The table below shows the annual net assets of Antalpha Platform Holding Co from 2023 to 2025. Also explore ANTA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $202.32 Million | +336.18% |
| 2024-12-31 | $46.38 Million | +264.92% |
| 2023-12-31 | $12.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Antalpha Platform Holding Co'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 2288354300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.30 Million | 13.62% |
| Common Stock | $23.98K | 0.02% |
| Other Comprehensive Income | $19.04K | 0.02% |
| Other Components | $103.34 Million | 86.35% |
| Total Equity | $119.68 Million | 100.00% |
Antalpha Platform Holding Co Competitors by Market Cap
The table below lists competitors of Antalpha Platform Holding Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Globe International Ltd
AU:GLB
|
$79.51 Million |
|
ZOOZ Power Ltd. Ordinary Shares
NASDAQ:ZOOZ
|
$79.51 Million |
|
Investec plc
LSE:INVR
|
$79.54 Million |
|
FatPipe, Inc. Common Stock
NASDAQ:FATN
|
$79.54 Million |
|
Life Settlement Assets PLC
LSE:LSAA
|
$79.46 Million |
|
G J Steel Public Company Limited
BK:GJS
|
$79.44 Million |
|
Velan Inc.
TO:VLN
|
$79.42 Million |
|
Azaria Rental SOCIMI S.A.
MC:YAZR
|
$79.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Antalpha Platform Holding Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 46,384,244 to 119,680,242, a change of 73,295,998 (158.0%).
- Net income of 18,490,072 contributed positively to equity growth.
- Share repurchases of 32,696 reduced equity.
- New share issuances of 67,033,805 increased equity.
- Other comprehensive income increased equity by 2,211,007.
- Other factors decreased equity by 14,406,190.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.49 Million | +15.45% |
| Share Repurchases | $32.70K | -0.03% |
| Share Issuances | $67.03 Million | +56.01% |
| Other Comprehensive Income | $2.21 Million | +1.85% |
| Other Changes | $-14.41 Million | -12.04% |
| Total Change | $- | 158.02% |
Book Value vs Market Value Analysis
This analysis compares Antalpha Platform Holding Co'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: 0.64x
- 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.
- The price-to-book ratio has decreased from 6.02x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.55 | $3.31 | x |
| 2024-12-31 | $2.01 | $3.31 | x |
| 2025-12-31 | $5.18 | $3.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Antalpha Platform Holding Co 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): 15.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.21%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 20.11x
- Recent ROE (15.45%) is above the historical average (-8.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -51.81% | -58.42% | 0.02x | 57.59x | $-7.86 Million |
| 2024 | 9.47% | 9.26% | 0.04x | 27.05x | $-244.95K |
| 2025 | 15.45% | 23.21% | 0.03x | 20.11x | $6.52 Million |
Industry Comparison
This section compares Antalpha Platform Holding Co's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $10,530,007,556
- Average return on equity (ROE) among peers: 9.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Antalpha Platform Holding Co (ANTA) | $212.10 Million | -51.81% | 4.71x | $79.49 Million |
| Affirm Holdings Inc (AFRM) | $2.53 Billion | -38.88% | 2.22x | $20.86 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $248.49 Million | 12.88% | 18.94x | $2.08 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $183.57 Million | 12.39% | 22.00x | $157.25 Million |
| Ally Financial Inc (ALLY) | $15.40 Billion | 7.47% | 8.85x | $12.52 Billion |
| Atlanticus Holdings Corporation (ATLC) | $812.65 Million | 21.09% | 1.24x | $1.42 Billion |
| American Express Company (AXP) | $22.00 Billion | 31.46% | 7.59x | $212.32 Billion |
| Bread Financial Holdings, Inc. (BFH) | $260.07 Million | -11.47% | 4.00x | $4.12 Billion |
| Credit Acceptance Corporation (CACC) | $750.10 Million | 33.74% | 2.24x | $6.04 Billion |
| Capital One Financial Corporation (COF) | $52.58 Billion | 14.00% | 7.66x | $123.95 Billion |
About Antalpha Platform Holding Co
Antalpha Platform Holding Company provides financing, technology, and risk management solutions to the digital asset industry in Singapore and internationally. It operates through two segments, Antalpha Prime and XAUt Treasury Strategy. The Antalpha Prime segment provides technology-based supply chain financing and platform services. The XAUt Treasury Strategy segment focuses on digital asset tre… Read more