Dragonfly Energy Holdings Corp. (DFLI) - Net Assets
Based on the latest financial reports, Dragonfly Energy Holdings Corp. (DFLI) has net assets worth $3.91 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 ($75.69 Million) and total liabilities ($71.78 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 how tangible is Dragonfly Energy Holdings Corp.'s equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.91 Million |
| % of Total Assets | 5.17% |
| Annual Growth Rate | 6.15% |
| 5-Year Change | -18.0% |
| 10-Year Change | N/A |
| Growth Volatility | 108.39 |
Dragonfly Energy Holdings Corp. - Net Assets Trend (2020–2025)
This chart illustrates how Dragonfly Energy Holdings Corp.'s net assets have evolved over time, based on quarterly financial data. See DFLI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dragonfly Energy Holdings Corp. (2020–2025)
The table below shows the annual net assets of Dragonfly Energy Holdings Corp. from 2020 to 2025. For live valuation and market cap data, see DFLI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.53 Million | +222.61% |
| 2024-12-31 | $-9.40 Million | -133.69% |
| 2023-12-31 | $27.91 Million | +159.82% |
| 2022-12-31 | $10.74 Million | -23.60% |
| 2021-12-31 | $14.06 Million | +64.36% |
| 2020-12-31 | $8.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dragonfly Energy Holdings Corp.'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 1977.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.01% |
| Other Components | $163.62 Million | 1419.10% |
| Total Equity | $11.53 Million | 100.00% |
Dragonfly Energy Holdings Corp. Competitors by Market Cap
The table below lists competitors of Dragonfly Energy Holdings Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kainos Medicine Inc
KQ:284620
|
$24.10 Million |
|
Sin-Kung Logistics Berhad
KLSE:0305
|
$24.10 Million |
|
Next Entertainment World Co. Ltd
KQ:160550
|
$24.11 Million |
|
Times Guaranty Limited
NSE:TIMESGTY
|
$24.11 Million |
|
Blue Star Gold Corp
V:BAU
|
$24.07 Million |
|
Canfor Pulp Products Inc.
TO:CFX
|
$24.07 Million |
|
Watos Corea Co. Ltd
KQ:079000
|
$24.06 Million |
|
Primech Holdings Ltd. Ordinary Shares
NASDAQ:PMEC
|
$24.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dragonfly Energy Holdings Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -9,404,000 to 11,530,000, a change of 20,934,000.
- Net loss of 69,939,000 reduced equity.
- Dividend payments of 875,000 reduced retained earnings.
- New share issuances of 90,931,000 increased equity.
- Other factors increased equity by 817,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-69.94 Million | -606.58% |
| Dividends Paid | $875.00K | -7.59% |
| Share Issuances | $90.93 Million | +788.65% |
| Other Changes | $817.00K | +7.09% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Dragonfly Energy Holdings Corp.'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: 0.08x
- 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 |
|---|---|---|---|
| 2020-12-31 | $16.23 | $1.88 | x |
| 2021-12-31 | $34.67 | $1.88 | x |
| 2022-12-31 | $25.07 | $1.88 | x |
| 2023-12-31 | $47.59 | $1.88 | x |
| 2024-12-31 | $-13.69 | $1.88 | x |
| 2025-12-31 | $24.10 | $1.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dragonfly Energy Holdings Corp. 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): -606.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -119.29%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 7.51x
- Recent ROE (-606.58%) is below the historical average (-152.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 80.40% | 14.58% | 2.51x | 2.20x | $6.02 Million |
| 2021 | 30.85% | 5.56% | 1.02x | 5.42x | $2.93 Million |
| 2022 | -372.25% | -46.37% | 0.97x | 8.29x | $-41.07 Million |
| 2023 | -49.50% | -21.46% | 0.86x | 2.69x | $-16.61 Million |
| 2024 | 0.00% | -80.20% | 0.67x | 0.00x | $-39.67 Million |
| 2025 | -606.58% | -119.29% | 0.68x | 7.51x | $-71.09 Million |
Industry Comparison
This section compares Dragonfly Energy Holdings Corp.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $435,110,257
- Average return on equity (ROE) among peers: -149.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dragonfly Energy Holdings Corp. (DFLI) | $3.91 Million | 80.40% | 18.36x | $24.09 Million |
| Advent Technologies Holdings Inc (ADN) | $13.45 Million | -530.91% | 1.58x | $1.38 Million |
| Ads Tec Energy PLC (ADSE) | $1.69 Million | -712.54% | 36.25x | $843.77 Million |
| Advanced Energy Industries Inc (AEIS) | $387.63 Million | 5.31% | 0.39x | $13.44 Billion |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $2.12 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $209.32 Million | -1.26% | 0.86x | $56.90 Million |
| Atkore International Group Inc (ATKR) | $552.00 Million | -0.36% | 1.41x | $2.52 Billion |
| Acuity Brands Inc (AYI) | $2.38 Billion | 17.77% | 0.60x | $8.75 Billion |
| Bloom Energy Corp (BE) | $792.96 Million | -11.15% | 4.54x | $74.98 Billion |
| CBAK Energy Technology Inc (CBAT) | $2.97K | -213.11% | 1.54x | $59.22 Million |
| CCSC Technology International Holdings Limited Ordinary Shares (CCTG) | $1.39 Million | 20.24% | 0.55x | $2.20 Million |
About Dragonfly Energy Holdings Corp.
Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. It operates in two segments, direct-to-consumers and original equipment manufacturers. The company provides lithium power systems comprising solar panels, chargers an… Read more