Digital Turbine Inc (APPS) - Net Assets
Based on the latest financial reports, Digital Turbine Inc (APPS) has net assets worth $190.59 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($843.49 Million) and total liabilities ($652.90 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 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $190.59 Million |
| % of Total Assets | 22.6% |
| Annual Growth Rate | 4.56% |
| 5-Year Change | -62.78% |
| 10-Year Change | 209.71% |
| Growth Volatility | 958.36 |
Digital Turbine Inc - Net Assets Trend (2001–2026)
This chart illustrates how Digital Turbine Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see APPS market cap.
Annual Net Assets for Digital Turbine Inc (2001–2026)
The table below shows the annual net assets of Digital Turbine Inc from 2001 to 2026. Also explore Digital Turbine Inc net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $192.16 Million | +24.81% |
| 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 72517400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.00K | 0.01% |
| Other Comprehensive Income | $-51.77 Million | -26.94% |
| Other Components | $969.09 Million | 504.31% |
| Total Equity | $192.16 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 |
|---|---|
|
Laurentian Bank Of Canada
TO:LB
|
$1.31 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
$1.31 Billion |
|
OC OERL.CORP ADR 2 SF 1
F:OBH0
|
$1.31 Billion |
|
Jiangling Motors Corp Ltd
SHE:000550
|
$1.31 Billion |
|
Tyra Biosciences Inc
NASDAQ:TYRA
|
$1.31 Billion |
|
Zhongli Science and Technology Group Co Ltd
SHE:002309
|
$1.31 Billion |
|
REDOX Ltd
AU:RDX
|
$1.31 Billion |
|
Novavax Inc
NASDAQ:NVAX
|
$1.31 Billion |
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 2025 to 2026, total equity changed from 153,958,000 to 192,161,000, a change of 38,203,000 (24.8%).
- Net loss of 37,732,000 reduced equity.
- Share repurchases of 873,000 reduced equity.
- New share issuances of 56,809,000 increased equity.
- Other comprehensive income decreased equity by 462,000.
- Other factors increased equity by 20,461,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-37.73 Million | -19.64% |
| Share Repurchases | $873.00K | -0.45% |
| Share Issuances | $56.81 Million | +29.56% |
| Other Comprehensive Income | $-462.00K | -0.24% |
| Other Changes | $20.46 Million | +10.65% |
| Total Change | $- | 24.81% |
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: 6.37x
- 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 | $10.84 | x |
| 2005-03-31 | $-1.68 | $10.84 | x |
| 2006-03-31 | $-0.04 | $10.84 | x |
| 2007-03-31 | $2.43 | $10.84 | x |
| 2008-03-31 | $19.23 | $10.84 | x |
| 2009-03-31 | $6.76 | $10.84 | x |
| 2010-03-31 | $1.01 | $10.84 | x |
| 2011-03-31 | $0.35 | $10.84 | x |
| 2012-03-31 | $0.37 | $10.84 | x |
| 2013-03-31 | $0.04 | $10.84 | x |
| 2014-03-31 | $0.88 | $10.84 | x |
| 2015-03-31 | $2.35 | $10.84 | x |
| 2016-03-31 | $1.33 | $10.84 | x |
| 2017-03-31 | $0.93 | $10.84 | x |
| 2018-03-31 | $0.39 | $10.84 | x |
| 2019-03-31 | $0.47 | $10.84 | x |
| 2020-03-31 | $0.86 | $10.84 | x |
| 2021-03-31 | $1.41 | $10.84 | x |
| 2022-03-31 | $5.01 | $10.84 | x |
| 2023-03-31 | $5.94 | $10.84 | x |
| 2024-03-31 | $2.12 | $10.84 | x |
| 2025-03-31 | $1.48 | $10.84 | x |
| 2026-03-31 | $1.70 | $10.84 | 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): -19.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.68%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 4.38x
- Recent ROE (-19.64%) is above the historical average (-175.25%), 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 |
| 2026 | -19.64% | -6.68% | 0.67x | 4.38x | $-56.95 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: $486,562,247
- Average return on equity (ROE) among peers: -297.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digital Turbine Inc (APPS) | $190.59 Million | 0.00% | 3.43x | $1.31 Billion |
| Adobe Systems Incorporated (ADBE) | $512.21 Million | 46.42% | 0.57x | $99.57 Billion |
| ADEIA CORP (ADEA) | $179.96 Million | 17.48% | 0.06x | $2.75 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $107.69 Billion |
| Autodesk Inc (ADSK) | $243.60 Million | 17.08% | 1.02x | $46.71 Billion |
| AudioEye Inc (AEYE) | $307.24K | -3117.67% | 13.61x | $71.03 Million |
| Agilysys Inc (AGYS) | $479.46 Million | 0.76% | 0.45x | $2.97 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $13.22 Million |
| PowerFleet, Inc. (AIOT) | $45.60 Million | -8.86% | 0.38x | $397.31 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 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 apps to end users through partnerships with wireless carriers and OEMs; and content media platfo… Read more