DeFi Technologies Inc. (DEFT) - Net Assets
Based on the latest financial reports, DeFi Technologies Inc. (DEFT) has net assets worth $149.55 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($824.56 Million) and total liabilities ($675.01 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 tangible net worth ratio of DeFi Technologies Inc. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $149.55 Million |
| % of Total Assets | 18.14% |
| Annual Growth Rate | 97.78% |
| 5-Year Change | 61.73% |
| 10-Year Change | N/A |
| Growth Volatility | 695.79 |
DeFi Technologies Inc. - Net Assets Trend (2020–2025)
This chart illustrates how DeFi Technologies Inc.'s net assets have evolved over time, based on quarterly financial data. See DEFT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for DeFi Technologies Inc. (2020–2025)
The table below shows the annual net assets of DeFi Technologies Inc. from 2020 to 2025. For live valuation and market cap data, see DEFT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $149.55 Million | +545.97% |
| 2024-12-31 | $23.15 Million | +66.52% |
| 2023-12-31 | $13.90 Million | -50.18% |
| 2022-12-31 | $27.91 Million | -69.82% |
| 2021-12-31 | $92.47 Million | +1770.60% |
| 2020-12-31 | $4.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DeFi Technologies 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 8240509400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $222.97 Million | 149.09% |
| Other Comprehensive Income | $-1.48 Million | -0.99% |
| Other Components | $28.16 Million | 18.83% |
| Total Equity | $149.55 Million | 100.00% |
DeFi Technologies Inc. Competitors by Market Cap
The table below lists competitors of DeFi Technologies Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Limoneira Co
NASDAQ:LMNR
|
$231.95 Million |
|
Ancom Berhad
KLSE:4758
|
$232.04 Million |
|
Bukaka Teknik Utama Tbk Pt
JK:BUKK
|
$232.08 Million |
|
Villeroy & Boch AG
XETRA:VIB3
|
$232.13 Million |
|
Caisse Régionale de Crédit Agricole du Morbihan
PA:CMO
|
$231.80 Million |
|
Mechema Chemicals Int
TWO:4721
|
$231.76 Million |
|
Martifer SGPS S.A
LS:MAR
|
$231.75 Million |
|
Orchestra BioMed Holdings Inc.
NASDAQ:OBIO
|
$231.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DeFi Technologies Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,151,000 to 149,553,853, a change of 126,402,853 (546.0%).
- Net income of 62,405,727 contributed positively to equity growth.
- Share repurchases of 2,769,629 reduced equity.
- New share issuances of 100,000,001 increased equity.
- Other comprehensive income decreased equity by 4,736,289.
- Other factors decreased equity by 28,496,957.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $62.41 Million | +41.73% |
| Share Repurchases | $2.77 Million | -1.85% |
| Share Issuances | $100.00 Million | +66.87% |
| Other Comprehensive Income | $-4.74 Million | -3.17% |
| Other Changes | $-28.50 Million | -19.05% |
| Total Change | $- | 545.99% |
Book Value vs Market Value Analysis
This analysis compares DeFi Technologies 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: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.09x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.10 | $0.60 | x |
| 2021-12-31 | $0.48 | $0.60 | x |
| 2022-12-31 | $0.13 | $0.60 | x |
| 2023-12-31 | $0.06 | $0.60 | x |
| 2024-12-31 | $0.06 | $0.60 | x |
| 2025-12-31 | $0.40 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DeFi Technologies 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): 41.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 82.28%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 5.51x
- Recent ROE (41.73%) is above the historical average (-91.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 32.89% | 0.00% | 0.00x | 1.16x | $1.13 Million |
| 2021 | -77.31% | -691.37% | 0.02x | 5.01x | $-80.74 Million |
| 2022 | -236.12% | -5271.84% | 0.01x | 6.95x | $-68.69 Million |
| 2023 | -144.30% | -102.51% | 0.04x | 32.09x | $-21.46 Million |
| 2024 | -168.64% | -40.00% | 0.07x | 57.05x | $-41.36 Million |
| 2025 | 41.73% | 82.28% | 0.09x | 5.51x | $47.45 Million |
Industry Comparison
This section compares DeFi Technologies Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $162,193,309
- Average return on equity (ROE) among peers: -6.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DeFi Technologies Inc. (DEFT) | $149.55 Million | 32.89% | 4.51x | $231.89 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $278.79 Million |
| Abits Group Inc. (ABTS) | $9.73 Million | -6.60% | 0.34x | $3.23 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $21.08 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-3.23 Million | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $51.29 Million |
| Solowin Holdings (AXG) | $3.34 Million | 5.15% | 2.06x | $529.48 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.46 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.24 Million | 0.00% | 0.00x | $34.07 Million |
| Bitfarms Ltd (BITF) | $255.40 Million | -68.77% | 0.34x | $1.21 Billion |
About DeFi Technologies Inc.
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. It provides asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. The company is also involved in early-stage investments in c… Read more