AvidXchange Holdings Inc (AVDX) - Net Assets
Based on the latest financial reports, AvidXchange Holdings Inc (AVDX) has net assets worth $687.55 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.00 Billion) and total liabilities ($1.32 Billion). 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 AvidXchange Holdings Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $687.55 Million |
| % of Total Assets | 34.31% |
| Annual Growth Rate | 16.79% |
| 5-Year Change | 108.96% |
| 10-Year Change | N/A |
| Growth Volatility | 50.44 |
AvidXchange Holdings Inc - Net Assets Trend (2019–2024)
This chart illustrates how AvidXchange Holdings Inc's net assets have evolved over time, based on quarterly financial data. Also explore AvidXchange Holdings Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for AvidXchange Holdings Inc (2019–2024)
The table below shows the annual net assets of AvidXchange Holdings Inc from 2019 to 2024. For live valuation and market cap data, see AVDX market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $671.83 Million | +2.34% |
| 2023-12-31 | $656.45 Million | -0.15% |
| 2022-12-31 | $657.44 Million | -9.07% |
| 2021-12-31 | $723.05 Million | +124.89% |
| 2020-12-31 | $321.52 Million | +4.03% |
| 2019-12-31 | $309.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AvidXchange Holdings 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 59038995700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $204.00K | 0.03% |
| Other Components | $1.69 Billion | 250.90% |
| Total Equity | $671.83 Million | 100.00% |
AvidXchange Holdings Inc Competitors by Market Cap
The table below lists competitors of AvidXchange Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Formula Systems 1985 Ltd ADR
NASDAQ:FORTY
|
$2.08 Billion |
|
Godawari Power And Ispat limited
NSE:GPIL
|
$2.08 Billion |
|
Íslandsbanki hf.
IC:ISB
|
$2.08 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$2.08 Billion |
|
Alamo Group Inc
NYSE:ALG
|
$2.08 Billion |
|
A.F.P. Provida
SN:PROVIDA
|
$2.08 Billion |
|
Extreme Networks Inc
NASDAQ:EXTR
|
$2.07 Billion |
|
Neogen Corporation
NASDAQ:NEOG
|
$2.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AvidXchange Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 656,445,000 to 671,833,000, a change of 15,388,000 (2.3%).
- Net income of 8,145,000 contributed positively to equity growth.
- Share repurchases of 50,107,000 reduced equity.
- New share issuances of 8,248,000 increased equity.
- Other factors increased equity by 49,102,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.14 Million | +1.21% |
| Share Repurchases | $50.11 Million | -7.46% |
| Share Issuances | $8.25 Million | +1.23% |
| Other Changes | $49.10 Million | +7.31% |
| Total Change | $- | 2.34% |
Book Value vs Market Value Analysis
This analysis compares AvidXchange Holdings 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: 3.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.43x to 3.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $7.00 | $10.00 | x |
| 2020-12-31 | $1.64 | $10.00 | x |
| 2021-12-31 | $3.67 | $10.00 | x |
| 2022-12-31 | $3.32 | $10.00 | x |
| 2023-12-31 | $3.25 | $10.00 | x |
| 2024-12-31 | $3.21 | $10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AvidXchange Holdings 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): 1.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.86%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 3.11x
- Recent ROE (1.21%) is above the historical average (-18.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -30.27% | -62.54% | 0.26x | 1.86x | $-124.45 Million |
| 2020 | -31.49% | -54.45% | 0.26x | 2.26x | $-133.40 Million |
| 2021 | -27.61% | -80.37% | 0.11x | 3.13x | $-271.95 Million |
| 2022 | -15.41% | -32.02% | 0.14x | 3.36x | $-167.03 Million |
| 2023 | -7.21% | -12.43% | 0.15x | 3.78x | $-112.97 Million |
| 2024 | 1.21% | 1.86% | 0.21x | 3.11x | $-59.04 Million |
Industry Comparison
This section compares AvidXchange Holdings Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $527,355,826
- Average return on equity (ROE) among peers: -32.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AvidXchange Holdings Inc (AVDX) | $687.55 Million | -30.27% | 1.91x | $2.08 Billion |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $26.91 Million | -95.01% | 0.21x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $456.38 Million | -22.24% | 0.05x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $-2.19 Million | 0.00% | 0.00x | $24.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.26 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 0.95% | 0.09x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $13.57 Million | 2.93% | 0.26x | $437.32 Million |
| Airship AI Holdings Inc (AISP) | $-8.36 Million | 0.00% | 0.00x | $83.39 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $3.19 Billion | 9.35% | 0.71x | $15.05 Billion |
About AvidXchange Holdings Inc
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and su… Read more