Sphere 3D Corp (ANY) - Net Assets
Based on the latest financial reports, Sphere 3D Corp (ANY) has net assets worth $29.54 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.11 Million) and total liabilities ($1.58 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 Sphere 3D Corp (ANY) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $29.54 Million |
| % of Total Assets | 94.92% |
| Annual Growth Rate | 43.71% |
| 5-Year Change | 684.89% |
| 10-Year Change | -42.3% |
| Growth Volatility | 1317.09 |
Sphere 3D Corp - Net Assets Trend (2008–2024)
This chart illustrates how Sphere 3D Corp's net assets have evolved over time, based on quarterly financial data. Also explore ANY total asset value for the complete picture of this company's asset base.
Annual Net Assets for Sphere 3D Corp (2008–2024)
The table below shows the annual net assets of Sphere 3D Corp from 2008 to 2024. For live valuation and market cap data, see Sphere 3D Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $39.31 Million | -2.49% |
| 2023-12-31 | $40.32 Million | -9.53% |
| 2022-12-31 | $44.56 Million | -83.47% |
| 2021-12-31 | $269.63 Million | +5282.83% |
| 2020-12-31 | $5.01 Million | +303.95% |
| 2019-12-31 | $1.24 Million | +122.12% |
| 2018-12-31 | $-5.61 Million | -153.59% |
| 2017-12-31 | $10.46 Million | -48.83% |
| 2016-12-31 | $20.45 Million | -69.99% |
| 2015-12-31 | $68.14 Million | -19.97% |
| 2014-12-31 | $85.14 Million | +1043.14% |
| 2013-12-31 | $7.45 Million | +155.06% |
| 2012-12-31 | $2.92 Million | +113.73% |
| 2011-12-31 | $1.37 Million | +302.04% |
| 2010-12-31 | $339.82K | +200.28% |
| 2009-12-31 | $113.17K | -4.71% |
| 2008-12-31 | $118.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sphere 3D Corp'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 45679570244.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $497.96 Million | 1266.58% |
| Other Comprehensive Income | $-1.82 Million | -4.63% |
| Total Equity | $39.31 Million | 100.00% |
Sphere 3D Corp Competitors by Market Cap
The table below lists competitors of Sphere 3D Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Triangle Energy (Global) Ltd
AU:TEG
|
$4.45 Million |
|
Canasil Resources Inc.
V:CLZ
|
$4.45 Million |
|
Western Yilgarn NL
AU:WYX
|
$4.45 Million |
|
Huntsman Exploration Inc
V:HMAN
|
$4.46 Million |
|
Industronics Bhd
KLSE:9393
|
$4.44 Million |
|
Transition Metals Corp
V:XTM
|
$4.44 Million |
|
Restore plc
LSE:RST
|
$4.44 Million |
|
PDZ Holdings Bhd
KLSE:6254
|
$4.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sphere 3D Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,317,000 to 39,315,000, a change of -1,002,000 (-2.5%).
- Net loss of 9,470,000 reduced equity.
- Share repurchases of 108,000 reduced equity.
- New share issuances of 5,495,000 increased equity.
- Other comprehensive income decreased equity by 13,000.
- Other factors increased equity by 3,094,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.47 Million | -24.09% |
| Share Repurchases | $108.00K | -0.27% |
| Share Issuances | $5.50 Million | +13.98% |
| Other Comprehensive Income | $-13.00K | -0.03% |
| Other Changes | $3.09 Million | +7.87% |
| Total Change | $- | -2.49% |
Book Value vs Market Value Analysis
This analysis compares Sphere 3D Corp'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: 0.08x
- 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 |
|---|---|---|---|
| 2008-12-31 | $93.00 | $1.57 | x |
| 2009-12-31 | $103.92 | $1.57 | x |
| 2010-12-31 | $294.72 | $1.57 | x |
| 2011-12-31 | $115.10 | $1.57 | x |
| 2012-12-31 | $343.35 | $1.57 | x |
| 2013-12-31 | $600.38 | $1.57 | x |
| 2014-12-31 | $4939.66 | $1.57 | x |
| 2015-12-31 | $2513.28 | $1.57 | x |
| 2016-12-31 | $575.67 | $1.57 | x |
| 2017-12-31 | $117.70 | $1.57 | x |
| 2018-12-31 | $-23.66 | $1.57 | x |
| 2019-12-31 | $3.22 | $1.57 | x |
| 2020-12-31 | $5.96 | $1.57 | x |
| 2021-12-31 | $611.55 | $1.57 | x |
| 2022-12-31 | $36.82 | $1.57 | x |
| 2023-12-31 | $33.24 | $1.57 | x |
| 2024-12-31 | $19.85 | $1.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sphere 3D Corp 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): -24.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.02%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.10x
- Recent ROE (-24.09%) is above the historical average (-115.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -17.52% | 0.00% | 0.00x | 1.21x | $-32.68K |
| 2009 | -3.93% | 0.00% | 0.00x | 1.05x | $-15.77K |
| 2010 | -25.22% | -2861.74% | 0.01x | 1.03x | $-119.68K |
| 2011 | -35.91% | -2985.43% | 0.00x | 7.04x | $-114.13K |
| 2012 | -84.65% | -601.28% | 0.13x | 1.10x | $-2.77 Million |
| 2013 | -30.05% | 0.00% | 0.00x | 1.13x | $-2.98 Million |
| 2014 | -14.94% | -94.45% | 0.09x | 1.75x | $-21.24 Million |
| 2015 | -69.31% | -62.01% | 0.55x | 2.04x | $-54.04 Million |
| 2016 | -334.83% | -89.62% | 0.83x | 4.53x | $-70.50 Million |
| 2017 | -250.25% | -32.12% | 0.98x | 7.96x | $-27.23 Million |
| 2018 | 0.00% | -290.23% | 0.80x | 0.00x | $-25.65 Million |
| 2019 | -345.24% | -76.73% | 0.66x | 6.78x | $-4.41 Million |
| 2020 | -115.37% | -119.20% | 0.41x | 2.36x | $-6.28 Million |
| 2021 | -6.41% | -464.76% | 0.01x | 1.02x | $-44.25 Million |
| 2022 | -552.90% | -3172.63% | 0.07x | 2.38x | $-196.29 Million |
| 2023 | -58.05% | -106.85% | 0.44x | 1.24x | $-27.44 Million |
| 2024 | -24.09% | -57.02% | 0.38x | 1.10x | $-13.40 Million |
Industry Comparison
This section compares Sphere 3D Corp's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $-565,361,919
- Average return on equity (ROE) among peers: 6.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sphere 3D Corp (ANY) | $29.54 Million | -17.52% | 0.05x | $4.44 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $395.54 Million |
| Abits Group Inc. (ABTS) | $10.38 Million | -8.98% | 0.10x | $4.02 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-6.80 Billion | 0.00% | 0.00x | $34.90 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $43.47 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $592.51 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.05 Billion |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
| Bluemount Holdings Limited Class B Ordinary Shares (BMHL) | $18.73 Million | 4.67% | 4.46x | $49.89 Million |
About Sphere 3D Corp
Sphere 3D Corp. engages in the bitcoin mining business. The company is involved with bitcoin mining pool operators as its customers to provide a service to perform hash calculations for the mining pool operators. The company is based in Stamford, Connecticut.