Eastside Distilling, Inc. (BLNE) - Net Assets
Based on the latest financial reports, Eastside Distilling, Inc. (BLNE) has net assets worth $51.74 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 ($63.18 Million) and total liabilities ($11.44 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. Explore Eastside Distilling, Inc. cash conversion from operations to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $51.74 Million |
| % of Total Assets | 81.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1973.26 |
Eastside Distilling, Inc. - Net Assets Trend (2011–2024)
This chart illustrates how Eastside Distilling, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore Eastside Distilling, Inc. long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Eastside Distilling, Inc. (2011–2024)
The table below shows the annual net assets of Eastside Distilling, Inc. from 2011 to 2024. For live valuation and market cap data, see Eastside Distilling, Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $48.97 Million | +5640.68% |
| 2023-12-31 | $853.00K | +156.27% |
| 2022-12-31 | $-1.52 Million | -111.31% |
| 2021-12-31 | $13.40 Million | +1309.30% |
| 2020-12-31 | $-1.11 Million | -115.11% |
| 2019-12-31 | $7.33 Million | -60.89% |
| 2018-12-31 | $18.75 Million | +264.20% |
| 2017-12-31 | $5.15 Million | +354.48% |
| 2016-12-31 | $1.13 Million | +206.51% |
| 2015-12-31 | $-1.06 Million | -167.23% |
| 2014-12-31 | $1.58 Million | +2146.31% |
| 2013-12-31 | $-77.31K | +59.96% |
| 2012-12-31 | $-193.08K | -41.91% |
| 2011-12-31 | $-136.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eastside Distilling, 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 9400495600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $205.00K | 0.43% |
| Other Comprehensive Income | $-34.00K | -0.07% |
| Other Components | $141.88 Million | 296.42% |
| Total Equity | $47.87 Million | 100.00% |
Eastside Distilling, Inc. Competitors by Market Cap
The table below lists competitors of Eastside Distilling, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fokus Mining Corp
V:FKM
|
$38.18 Million |
|
Electromagnetica SA
RO:ELMA
|
$38.19 Million |
|
Pixelworks Inc
NASDAQ:PXLW
|
$38.20 Million |
|
Nephros Inc
NASDAQ:NEPH
|
$38.22 Million |
|
Li Kang Biomedical Co Ltd
TWO:6242
|
$38.13 Million |
|
Jeil Technos Co.Ltd
KQ:038010
|
$38.13 Million |
|
Culp, Inc. Common Stock
NASDAQ:CULP
|
$38.11 Million |
|
Mountain Crest Acquisition Corp V
NASDAQ:MCAG
|
$38.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastside Distilling, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 853,000 to 47,867,000, a change of 47,014,000 (5511.6%).
- Net loss of 11,333,000 reduced equity.
- New share issuances of 2,880,000 increased equity.
- Other comprehensive income decreased equity by 34,000.
- Other factors increased equity by 55,501,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.33 Million | -23.68% |
| Share Issuances | $2.88 Million | +6.02% |
| Other Comprehensive Income | $-34.00K | -0.07% |
| Other Changes | $55.50 Million | +115.95% |
| Total Change | $- | 5511.61% |
Book Value vs Market Value Analysis
This analysis compares Eastside Distilling, 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: 0.01x
- 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 |
|---|---|---|---|
| 2011-12-31 | $-128.47 | $1.35 | x |
| 2012-12-31 | $-182.31 | $1.35 | x |
| 2013-12-31 | $-61.71 | $1.35 | x |
| 2014-12-31 | $568.88 | $1.35 | x |
| 2015-12-31 | $-278.98 | $1.35 | x |
| 2016-12-31 | $181.65 | $1.35 | x |
| 2017-12-31 | $276.12 | $1.35 | x |
| 2018-12-31 | $617.37 | $1.35 | x |
| 2019-12-31 | $158.11 | $1.35 | x |
| 2020-12-31 | $-22.10 | $1.35 | x |
| 2021-12-31 | $210.88 | $1.35 | x |
| 2022-12-31 | $-19.77 | $1.35 | x |
| 2023-12-31 | $7.82 | $1.35 | x |
| 2024-12-31 | $194.37 | $1.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastside Distilling, 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): -23.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -289.62%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.39x
- Recent ROE (-23.68%) is above the historical average (-144.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -30.34% | 12.04x | 0.00x | $-9.05K |
| 2012 | 0.00% | -46.61% | 13.19x | 0.00x | $-37.71K |
| 2013 | 0.00% | -134.67% | 103.62x | 0.00x | $-78.50K |
| 2014 | -256.44% | -384.40% | 0.52x | 1.29x | $-4.22 Million |
| 2015 | 0.00% | -211.50% | 1.32x | 0.00x | $-3.49 Million |
| 2016 | -458.99% | -246.63% | 0.83x | 2.25x | $-5.31 Million |
| 2017 | -102.81% | -202.12% | 0.29x | 1.76x | $-5.79 Million |
| 2018 | -48.25% | -147.75% | 0.23x | 1.41x | $-10.92 Million |
| 2019 | -230.57% | -145.43% | 0.32x | 4.89x | $-17.64 Million |
| 2020 | 0.00% | -70.39% | 0.44x | 0.00x | $-9.75 Million |
| 2021 | -16.39% | -17.72% | 0.37x | 2.50x | $-3.54 Million |
| 2022 | 0.00% | -117.16% | 0.65x | 0.00x | $-16.11 Million |
| 2023 | -883.35% | -71.77% | 0.60x | 20.49x | $-7.62 Million |
| 2024 | -23.68% | -289.62% | 0.06x | 1.39x | $-16.12 Million |
Industry Comparison
This section compares Eastside Distilling, Inc.'s net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $490,000,491
- Average return on equity (ROE) among peers: 15.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastside Distilling, Inc. (BLNE) | $51.74 Million | 0.00% | 0.22x | $38.14 Million |
| Better Home & Finance Holding Company (BETR) | $51.73 Million | 52.76% | 15.20x | $352.08 Million |
| Better Home & Finance Holding Company (BETR) | $-58.17 Million | 0.00% | 0.00x | $430.66 Million |
| CNFinance Holdings Ltd (CNF) | $1.12 Billion | 21.05% | 5.98x | $20.64 Million |
| Mr. Cooper Group Inc (COOP) | $1.20 Billion | 15.03% | 12.24x | $13.49 Billion |
| Greystone Housing Impact Investors LP (GHI) | $66.80 Million | 8.53% | 0.01x | $123.94 Million |
| Guild Holdings Co (GHLD) | $735.99 Million | 50.35% | 5.55x | $1.25 Billion |
| Income Opportunity Realty Investors (IOR) | $118.08 Million | 5.93% | 0.00x | $72.78 Million |
| Loandepot Inc (LDI) | $704.48 Million | -15.63% | 7.73x | $163.05 Million |
| Onity Group Inc. (ONIT) | $476.70 Million | 3.80% | 24.48x | $296.81 Million |
About Eastside Distilling, Inc.
Beeline Holdings, Inc. engages in the fintech mortgage lending business. It servers property investors and buyers. The company was founded in 2019 and is based in Providence, Rhode Island.