Digital Turbine Inc (APPS) - Net Assets
Based on the latest financial reports, Digital Turbine Inc (APPS) has net assets worth $194.60 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 ($858.17 Million) and total liabilities ($663.57 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 APPS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $194.60 Million |
| % of Total Assets | 22.68% |
| Annual Growth Rate | 3.79% |
| 5-Year Change | 6.1% |
| 10-Year Change | 87.14% |
| Growth Volatility | 980.48 |
Digital Turbine Inc - Net Assets Trend (2001–2025)
This chart illustrates how Digital Turbine Inc's net assets have evolved over time, based on quarterly financial data. See APPS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Digital Turbine Inc (2001–2025)
The table below shows the annual net assets of Digital Turbine Inc from 2001 to 2025. For live valuation and market cap data, see Digital Turbine Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $153.96 Million | -28.03% |
| 2024-03-31 | $213.93 Million | -64.77% |
| 2023-03-31 | $607.25 Million | +17.64% |
| 2022-03-31 | $516.22 Million | +255.74% |
| 2021-03-31 | $145.11 Million | +87.35% |
| 2020-03-31 | $77.45 Million | +113.03% |
| 2019-03-31 | $36.36 Million | +31.39% |
| 2018-03-31 | $27.67 Million | -55.40% |
| 2017-03-31 | $62.05 Million | -24.58% |
| 2016-03-31 | $82.27 Million | -10.11% |
| 2015-03-31 | $91.53 Million | +177.77% |
| 2014-03-31 | $32.95 Million | +4370.96% |
| 2013-03-31 | $737.00K | -87.07% |
| 2012-03-31 | $5.70 Million | +117.69% |
| 2011-03-31 | $2.62 Million | -67.57% |
| 2010-03-31 | $8.07 Million | -83.53% |
| 2009-03-31 | $49.02 Million | -32.89% |
| 2008-03-31 | $73.05 Million | +1194.38% |
| 2007-03-31 | $5.64 Million | +6607.39% |
| 2006-03-31 | $-86.72K | +97.86% |
| 2005-03-31 | $-4.06 Million | 0.00% |
| 2004-03-31 | $-4.06 Million | +3.86% |
| 2003-03-31 | $-4.22 Million | -260.08% |
| 2002-03-31 | $2.64 Million | -95.82% |
| 2001-03-31 | $63.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Digital Turbine 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 68744200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.00K | 0.01% |
| Other Comprehensive Income | $-51.30 Million | -33.32% |
| Other Components | $892.69 Million | 579.83% |
| Total Equity | $153.96 Million | 100.00% |
Digital Turbine Inc Competitors by Market Cap
The table below lists competitors of Digital Turbine Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BECE Legend Group Co Ltd
SHE:000803
|
$484.46 Million |
|
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
|
$484.49 Million |
|
Shandong Polymer Biochemicals Co Ltd
SHE:002476
|
$484.49 Million |
|
Oil States International Inc
NYSE:OIS
|
$484.56 Million |
|
POET Technologies Inc
V:PTK
|
$484.32 Million |
|
Inner Mongolia Xinhua Distribution Group Co.Ltd.
SHG:603230
|
$484.21 Million |
|
Hangzhou SDIC Microelectronics Inc. A
SHG:688130
|
$484.18 Million |
|
Shenzhen Genvict Technologies Co Ltd
SHE:002869
|
$483.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Digital Turbine Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 213,932,000 to 153,958,000, a change of -59,974,000 (-28.0%).
- Net loss of 92,099,000 reduced equity.
- Other comprehensive income decreased equity by 2,349,000.
- Other factors increased equity by 34,474,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-92.10 Million | -59.82% |
| Other Comprehensive Income | $-2.35 Million | -1.53% |
| Other Changes | $34.47 Million | +22.39% |
| Total Change | $- | -28.03% |
Book Value vs Market Value Analysis
This analysis compares Digital Turbine 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: 5.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | $-0.31 | $8.62 | x |
| 2005-03-31 | $-1.68 | $8.62 | x |
| 2006-03-31 | $-0.04 | $8.62 | x |
| 2007-03-31 | $2.43 | $8.62 | x |
| 2008-03-31 | $19.23 | $8.62 | x |
| 2009-03-31 | $6.76 | $8.62 | x |
| 2010-03-31 | $1.01 | $8.62 | x |
| 2011-03-31 | $0.35 | $8.62 | x |
| 2012-03-31 | $0.37 | $8.62 | x |
| 2013-03-31 | $0.04 | $8.62 | x |
| 2014-03-31 | $0.88 | $8.62 | x |
| 2015-03-31 | $2.35 | $8.62 | x |
| 2016-03-31 | $1.33 | $8.62 | x |
| 2017-03-31 | $0.93 | $8.62 | x |
| 2018-03-31 | $0.39 | $8.62 | x |
| 2019-03-31 | $0.47 | $8.62 | x |
| 2020-03-31 | $0.86 | $8.62 | x |
| 2021-03-31 | $1.41 | $8.62 | x |
| 2022-03-31 | $5.01 | $8.62 | x |
| 2023-03-31 | $5.94 | $8.62 | x |
| 2024-03-31 | $2.12 | $8.62 | x |
| 2025-03-31 | $1.48 | $8.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Digital Turbine 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): -59.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.78%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 5.28x
- Recent ROE (-59.82%) is above the historical average (-182.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 3.19% | 2.71x | 0.00x | $534.00K |
| 2005 | 0.00% | 3.19% | 2.71x | 0.00x | $534.00K |
| 2006 | 0.00% | -4.56% | 384.34x | 0.00x | $-162.39K |
| 2007 | -9.81% | 0.00% | 0.00x | 1.02x | $-1.12 Million |
| 2008 | -3.02% | -68.88% | 0.03x | 1.37x | $-9.51 Million |
| 2009 | -84.86% | -133.09% | 0.34x | 1.86x | $-46.50 Million |
| 2010 | -526.17% | -302.65% | 0.30x | 5.79x | $-43.29 Million |
| 2011 | -358.44% | -102.16% | 0.65x | 5.43x | $-9.65 Million |
| 2012 | -538.81% | -424.72% | 0.49x | 2.60x | $-31.28 Million |
| 2013 | -1921.44% | -235.04% | 0.48x | 16.94x | $-14.23 Million |
| 2014 | -56.76% | -76.64% | 0.54x | 1.37x | $-22.00 Million |
| 2015 | -26.93% | -87.24% | 0.23x | 1.34x | $-33.80 Million |
| 2016 | -34.07% | -32.39% | 0.71x | 1.48x | $-36.26 Million |
| 2017 | -39.11% | -26.50% | 0.85x | 1.73x | $-30.47 Million |
| 2018 | -191.01% | -70.71% | 0.86x | 3.13x | $-55.62 Million |
| 2019 | -16.53% | -5.80% | 1.25x | 2.28x | $-9.65 Million |
| 2020 | 17.95% | 10.02% | 0.75x | 2.38x | $6.15 Million |
| 2021 | 24.50% | 4.75% | 2.87x | 1.79x | $21.03 Million |
| 2022 | 6.91% | 4.75% | 0.51x | 2.83x | $-15.91 Million |
| 2023 | 2.75% | 2.50% | 0.53x | 2.09x | $-43.85 Million |
| 2024 | -196.43% | -77.18% | 0.63x | 4.05x | $-441.62 Million |
| 2025 | -59.82% | -18.78% | 0.60x | 5.28x | $-107.49 Million |
Industry Comparison
This section compares Digital Turbine Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digital Turbine Inc (APPS) | $194.60 Million | 0.00% | 3.41x | $484.40 Million |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About Digital Turbine Inc
Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). It operates through two segments, On Device Solutions and App Growth Platform. The company's application media platform delivers mobile applications apps to various publishers, carriers, OEMs, and devices; and content media p… Read more