Digi Power X Inc.
Digi Power X Inc., an energy infrastructure company, develops data centers to drive the expansion of energy assets in the United States. The company operates in three segments: Cryptocurrency Mining, Sales of Energy, and Colocation Services. It also mines for cryptocurrency. In addition, the company is involved in power provision and space rental to customers; and sale of electricity. It serves i… Read more
Digi Power X Inc. (DGXX) - Net Assets
Latest net assets as of September 2025: $44.16 Million USD
Based on the latest financial reports, Digi Power X Inc. (DGXX) has net assets worth $44.16 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 ($51.27 Million) and total liabilities ($7.11 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 | $44.16 Million |
| % of Total Assets | 86.13% |
| Annual Growth Rate | 15.67% |
| 5-Year Change | 110.48% |
| 10-Year Change | N/A |
| Growth Volatility | 127.4 |
Digi Power X Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Digi Power X Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Digi Power X Inc. (2018–2024)
The table below shows the annual net assets of Digi Power X Inc. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.98 Million | -53.40% |
| 2023-12-31 | $47.17 Million | 0.00% |
| 2022-12-31 | $47.17 Million | +23.46% |
| 2021-12-31 | $38.21 Million | +265.86% |
| 2020-12-31 | $10.44 Million | +3901.72% |
| 2019-12-31 | $-274.71K | -102.99% |
| 2018-12-31 | $9.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Digi Power X 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 434501700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $46.01 Million | 211.99% |
| Other Comprehensive Income | $-7.13 Million | -32.87% |
| Other Components | $16.12 Million | 74.30% |
| Total Equity | $21.70 Million | 100.00% |
Digi Power X Inc. Competitors by Market Cap
The table below lists competitors of Digi Power X Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stove Kraft Limited
NSE:STOVEKRAFT
|
$65.73 Million |
|
DAEYANG ELECTRIC.Co.Ltd
KQ:108380
|
$65.74 Million |
|
Kreate Group Oyj
HE:KREATE
|
$65.78 Million |
|
King Core Electronics Inc
TW:6155
|
$65.78 Million |
|
Yunsung F&C Co. Ltd.
KQ:372170
|
$65.69 Million |
|
PENNEO A/S DK 002
F:4ZD
|
$65.69 Million |
|
TRESTATES
AT:TRESTATES
|
$65.65 Million |
|
GAMBLING.COM GRP ON
F:6WH
|
$65.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Digi Power X Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 47,174,992 to 21,702,575, a change of -25,472,417 (-54.0%).
- Net loss of 6,797,718 reduced equity.
- New share issuances of 4,006,157 increased equity.
- Other comprehensive income decreased equity by 3,641,578.
- Other factors decreased equity by 19,039,278.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.80 Million | -31.32% |
| Share Issuances | $4.01 Million | +18.46% |
| Other Comprehensive Income | $-3.64 Million | -16.78% |
| Other Changes | $-19.04 Million | -87.73% |
| Total Change | $- | -54.00% |
Book Value vs Market Value Analysis
This analysis compares Digi Power X 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: 3.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 70.61x to 3.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.04 | $2.48 | x |
| 2019-12-31 | $-0.02 | $2.48 | x |
| 2020-12-31 | $0.89 | $2.48 | x |
| 2021-12-31 | $1.75 | $2.48 | x |
| 2022-12-31 | $1.69 | $2.48 | x |
| 2023-12-31 | $1.73 | $2.48 | x |
| 2024-12-31 | $0.71 | $2.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Digi Power X 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): -31.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.37%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.58x
- Recent ROE (-31.32%) is above the historical average (-55.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -315.50% | -1120.11% | 0.16x | 1.74x | $-29.86 Million |
| 2019 | 0.00% | -3.12% | 2.22x | 0.00x | $-242.50K |
| 2020 | -49.70% | -146.08% | 0.22x | 1.58x | $-6.24 Million |
| 2021 | -8.20% | -12.55% | 0.31x | 2.09x | $-6.95 Million |
| 2022 | 9.18% | 17.90% | 0.46x | 1.11x | $-388.16K |
| 2023 | 9.18% | 17.90% | 0.46x | 1.11x | $-388.16K |
| 2024 | -31.32% | -18.37% | 1.08x | 1.58x | $-8.97 Million |
Industry Comparison
This section compares Digi Power X Inc.'s net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $9,246,386,507
- Average return on equity (ROE) among peers: -0.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Digi Power X Inc. (DGXX) | $44.16 Million | -315.50% | 0.16x | $65.69 Million |
| AGL Energy Ltd (AGLXY) | $6.52 Billion | 6.30% | 1.16x | $3.74 Billion |
| Constellation Energy Corp (CEG) | $15.83 Billion | 7.11% | 2.10x | $103.57 Billion |
| CGN New Energy Holdings Co. Ltd (CGEGF) | $1.69 Billion | 15.85% | 3.95x | $289.43 Million |
| CGN Power Co. Ltd (CGNWF) | $24.05 Billion | 6.27% | 1.61x | $3.13 Billion |
| Capital Power Corporation (CPXWF) | $2.93 Billion | 4.64% | 2.04x | $4.85 Billion |
| Centrica plc (CPYYF) | $1.64 Billion | -9.44% | 5.75x | $8.61 Billion |
| China Resources Power Holdings Company Limited (CRPJF) | $30.16 Billion | 5.69% | 1.64x | $5.01 Billion |
| Digihost Technology Inc (DGHI) | $10.44 Million | -49.70% | 0.58x | $32.68 Million |
| Energy World Corporation Ltd (EWCLF) | $390.67 Million | 5.31% | 0.59x | $5.35 Million |