Dave Inc. Warrants
Dave Inc. provides various financial products and services through its financial services platform in the United States. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and … Read more
Dave Inc. Warrants (DAVEW) - Net Assets
Latest net assets as of September 2025: $291.31 Million USD
Based on the latest financial reports, Dave Inc. Warrants (DAVEW) has net assets worth $291.31 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 ($433.25 Million) and total liabilities ($141.94 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $291.31 Million |
| % of Total Assets | 67.24% |
| Annual Growth Rate | 27.05% |
| 5-Year Change | 267.35% |
| 10-Year Change | N/A |
| Growth Volatility | 80.88 |
Dave Inc. Warrants - Net Assets Trend (2019–2024)
This chart illustrates how Dave Inc. Warrants's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dave Inc. Warrants (2019–2024)
The table below shows the annual net assets of Dave Inc. Warrants from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $183.10 Million | +110.31% |
| 2023-12-31 | $87.06 Million | -18.30% |
| 2022-12-31 | $106.56 Million | +175.09% |
| 2021-12-31 | $38.74 Million | -22.28% |
| 2020-12-31 | $49.84 Million | -9.85% |
| 2019-12-31 | $55.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dave Inc. Warrants'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 14650000000.0% 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 | $221.00K | 0.12% |
| Other Components | $335.33 Million | 183.14% |
| Total Equity | $183.10 Million | 100.00% |
Dave Inc. Warrants Competitors by Market Cap
The table below lists competitors of Dave Inc. Warrants ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ikapharmindo Putramas Tbk.
JK:IKPM
|
$4.43 Million |
|
Toppoint Holdings Inc.
NYSE MKT:TOPP
|
$4.43 Million |
|
MILIBOO. S.A. EO -10
F:7X2
|
$4.43 Million |
|
Glacier Media Inc
PINK:GLMFF
|
$4.43 Million |
|
NeoTerrex Minerals Inc.
V:NTX
|
$4.43 Million |
|
Quantum Genomics SA
PA:ALQGC
|
$4.43 Million |
|
Anew Medical, Inc.
NASDAQ:WENA
|
$4.42 Million |
|
Prg Holdings Bhd
KLSE:7168
|
$4.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dave Inc. Warrants's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,063,000 to 183,101,000, a change of 96,038,000 (110.3%).
- Net income of 57,873,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 428,000.
- Other factors increased equity by 38,593,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $57.87 Million | +31.61% |
| Other Comprehensive Income | $-428.00K | -0.23% |
| Other Changes | $38.59 Million | +21.08% |
| Total Change | $- | 110.31% |
Book Value vs Market Value Analysis
This analysis compares Dave Inc. Warrants'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: 0.04x
- 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 | $4.76 | $0.49 | x |
| 2020-12-31 | $4.29 | $0.49 | x |
| 2021-12-31 | $3.33 | $0.49 | x |
| 2022-12-31 | $9.03 | $0.49 | x |
| 2023-12-31 | $7.29 | $0.49 | x |
| 2024-12-31 | $13.25 | $0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dave Inc. Warrants 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): 31.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.67%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.63x
- Recent ROE (31.61%) is above the historical average (-34.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 1.42% | 1.03% | 1.14x | 1.21x | $-4.74 Million |
| 2020 | -13.96% | -5.71% | 1.59x | 1.53x | $-11.94 Million |
| 2021 | -51.61% | -13.07% | 1.04x | 3.80x | $-23.87 Million |
| 2022 | -120.97% | -62.93% | 0.64x | 3.02x | $-139.56 Million |
| 2023 | -55.73% | -18.73% | 0.88x | 3.38x | $-57.22 Million |
| 2024 | 31.61% | 16.67% | 1.16x | 1.63x | $39.56 Million |
Industry Comparison
This section compares Dave Inc. Warrants's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dave Inc. Warrants (DAVEW) | $291.31 Million | 1.42% | 0.49x | $4.43 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |