Allbirds Inc (BIRD) - Net Assets
Based on the latest financial reports, Allbirds Inc (BIRD) has net assets worth $51.93 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 ($119.91 Million) and total liabilities ($67.98 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 Allbirds Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $51.93 Million |
| % of Total Assets | 43.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.99 |
Allbirds Inc - Net Assets Trend (2019–2024)
This chart illustrates how Allbirds Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Allbirds Inc (BIRD) total market value.
Annual Net Assets for Allbirds Inc (2019–2024)
The table below shows the annual net assets of Allbirds Inc from 2019 to 2024. Also explore BIRD year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $101.69 Million | -45.13% |
| 2023-12-31 | $185.33 Million | -41.49% |
| 2022-12-31 | $316.77 Million | -20.21% |
| 2021-12-31 | $397.00 Million | +1656.45% |
| 2020-12-31 | $-25.51 Million | -179.74% |
| 2019-12-31 | $-9.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Allbirds 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 41836100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $-5.68 Million | -5.59% |
| Other Components | $591.88 Million | 582.07% |
| Total Equity | $101.69 Million | 100.00% |
Allbirds Inc Competitors by Market Cap
The table below lists competitors of Allbirds Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sejin T.S Co.Ltd
KQ:067770
|
$13.36 Million |
|
Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT
JK:JMAS
|
$13.36 Million |
|
Australian Oilseeds Holdings Limited Ordinary Shares
NASDAQ:COOT
|
$13.36 Million |
|
Draper Esprit PLC
LSE:GROW
|
$13.37 Million |
|
Fidelity China Special Situations PLC
LSE:FCSS
|
$13.35 Million |
|
Foremost Lithium Resource & Technology Ltd. Common stock
NASDAQ:FMST
|
$13.35 Million |
|
Advanced Biomed Inc. Common Stock
NASDAQ:ADVB
|
$13.35 Million |
|
DatChat Inc
NASDAQ:DATS
|
$13.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allbirds Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 185,329,000 to 101,685,000, a change of -83,644,000 (-45.1%).
- Net loss of 93,318,000 reduced equity.
- Share repurchases of 254,000 reduced equity.
- Other comprehensive income decreased equity by 2,346,000.
- Other factors increased equity by 12,274,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-93.32 Million | -91.77% |
| Share Repurchases | $254.00K | -0.25% |
| Other Comprehensive Income | $-2.35 Million | -2.31% |
| Other Changes | $12.27 Million | +12.07% |
| Total Change | $- | -45.13% |
Book Value vs Market Value Analysis
This analysis compares Allbirds 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: 0.18x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-1.44 | $2.36 | x |
| 2020-12-31 | $-4.02 | $2.36 | x |
| 2021-12-31 | $114.56 | $2.36 | x |
| 2022-12-31 | $42.59 | $2.36 | x |
| 2023-12-31 | $24.44 | $2.36 | x |
| 2024-12-31 | $12.93 | $2.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allbirds 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): -91.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.18%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.86x
- Recent ROE (-91.77%) is below the historical average (-36.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -7.50% | 1.25x | 0.00x | $-13.62 Million |
| 2020 | 0.00% | -11.79% | 0.90x | 0.00x | $-23.31 Million |
| 2021 | -11.43% | -16.35% | 0.57x | 1.23x | $-85.07 Million |
| 2022 | -32.00% | -34.04% | 0.61x | 1.53x | $-133.03 Million |
| 2023 | -82.26% | -60.01% | 0.77x | 1.78x | $-170.99 Million |
| 2024 | -91.77% | -49.18% | 1.00x | 1.86x | $-103.49 Million |
Industry Comparison
This section compares Allbirds Inc's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $236,799,720
- Average return on equity (ROE) among peers: 50.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allbirds Inc (BIRD) | $51.93 Million | 0.00% | 1.31x | $13.35 Million |
| American Eagle Outfitters Inc (AEO) | $193.40 Million | 46.88% | 0.36x | $2.47 Billion |
| AKA Brands Holding Corp (AKA) | $148.62 Million | -66.54% | 1.43x | $95.78 Million |
| Abercrombie & Fitch Company (ANF) | $11.24 Million | 219.56% | 8.41x | $5.00 Billion |
| Buckle Inc (BKE) | $312.92 Million | 81.43% | 1.50x | $2.04 Billion |
| Boot Barn Holdings Inc (BOOT) | $264.16 Million | 14.77% | 1.41x | $3.91 Billion |
| BrilliA Inc (BRIA) | $8.14 Million | 40.25% | 2.34x | $40.75 Million |
| Burlington Stores Inc (BURL) | $528.15 Million | 88.07% | 9.59x | $14.28 Billion |
| Caleres Inc (CAL) | $339.00 Million | 9.09% | 1.10x | $413.49 Million |
| Cato Corporation (CATO) | $325.56 Million | 17.44% | 0.60x | $43.74 Million |
About Allbirds Inc
Allbirds, Inc. manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle products; shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, and third-party retailers and distributors, as well as digital channels comprising websites and… Read more