Edgio Inc
Edgio, Inc. provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides platform, media, and application solutions. It also offers … Read more
Edgio Inc (EGIO) - Net Assets
Latest net assets as of September 2023: $153.60 Million USD
Based on the latest financial reports, Edgio Inc (EGIO) has net assets worth $153.60 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($453.27 Million) and total liabilities ($299.67 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 | $153.60 Million |
| % of Total Assets | 33.89% |
| Annual Growth Rate | 32.53% |
| 5-Year Change | 44.91% |
| 10-Year Change | 0.84% |
| Growth Volatility | 2074.81 |
Edgio Inc - Net Assets Trend (2002–2022)
This chart illustrates how Edgio 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 Edgio Inc (2002–2022)
The table below shows the annual net assets of Edgio Inc from 2002 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $239.32 Million | +71.83% |
| 2021-12-31 | $139.28 Million | -20.50% |
| 2020-12-31 | $175.19 Million | +5.20% |
| 2019-12-31 | $166.54 Million | +0.84% |
| 2018-12-31 | $165.15 Million | +14.57% |
| 2017-12-31 | $144.15 Million | +4.78% |
| 2016-12-31 | $137.57 Million | -30.56% |
| 2015-12-31 | $198.10 Million | -6.63% |
| 2014-12-31 | $212.16 Million | -10.60% |
| 2013-12-31 | $237.33 Million | -11.19% |
| 2012-12-31 | $267.23 Million | -13.55% |
| 2011-12-31 | $309.11 Million | +21.46% |
| 2010-12-31 | $254.50 Million | +9222.38% |
| 2009-12-31 | $2.73 Million | -98.18% |
| 2008-12-31 | $150.13 Million | -22.63% |
| 2007-12-31 | $194.04 Million | +430.32% |
| 2006-12-31 | $36.59 Million | +1907.08% |
| 2005-12-31 | $1.82 Million | +947.70% |
| 2003-12-31 | $174.00K | -79.70% |
| 2002-12-31 | $857.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Edgio 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 57304100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.52 Million | 6.90% |
| Other Comprehensive Income | $-11.66 Million | -4.87% |
| Other Components | $807.51 Million | 337.41% |
| Total Equity | $239.32 Million | 100.00% |
Edgio Inc Competitors by Market Cap
The table below lists competitors of Edgio Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alfa Financial Software Holdings PLC
LSE:ALFA
|
$67.16K |
|
Grifols SA
MC:GRF-P
|
$67.21K |
|
Crossroads Systems Inc
OTCQX:CRSS
|
$67.28K |
|
BURA39
SA:BURA39
|
$67.31K |
|
Picton Mahoney Fortified Core Bond Fund
TO:PFCB
|
$67.12K |
|
KEISEI EL RAILWAY
MU:KEI
|
$67.10K |
|
TF1 (FSE.SG)
STU:FSE
|
$67.07K |
|
AVEX GROUP HLDGS
MU:AX8
|
$67.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Edgio Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 139,275,000 to 239,323,000, a change of 100,048,000 (71.8%).
- Net loss of 136,519,000 reduced equity.
- Other comprehensive income decreased equity by 3,320,000.
- Other factors increased equity by 239,887,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-136.52 Million | -57.04% |
| Other Comprehensive Income | $-3.32 Million | -1.39% |
| Other Changes | $239.89 Million | +100.24% |
| Total Change | $- | 71.83% |
Book Value vs Market Value Analysis
This analysis compares Edgio 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: 0.02x
- 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.
- The price-to-book ratio has decreased from 0.77x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.03 | $0.02 | x |
| 2003-12-31 | $0.01 | $0.02 | x |
| 2005-12-31 | $0.04 | $0.02 | x |
| 2006-12-31 | $0.95 | $0.02 | x |
| 2007-12-31 | $3.46 | $0.02 | x |
| 2008-12-31 | $1.81 | $0.02 | x |
| 2009-12-31 | $0.04 | $0.02 | x |
| 2010-12-31 | $2.70 | $0.02 | x |
| 2011-12-31 | $2.83 | $0.02 | x |
| 2012-12-31 | $2.64 | $0.02 | x |
| 2013-12-31 | $2.45 | $0.02 | x |
| 2014-12-31 | $2.16 | $0.02 | x |
| 2015-12-31 | $1.98 | $0.02 | x |
| 2016-12-31 | $1.32 | $0.02 | x |
| 2017-12-31 | $1.32 | $0.02 | x |
| 2018-12-31 | $1.38 | $0.02 | x |
| 2019-12-31 | $1.44 | $0.02 | x |
| 2020-12-31 | $1.45 | $0.02 | x |
| 2021-12-31 | $1.09 | $0.02 | x |
| 2022-12-31 | $1.31 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Edgio 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): -57.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.32%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.27x
- Recent ROE (-57.04%) is below the historical average (-29.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -115.52% | -51.89% | 2.60x | 0.86x | $-1.08 Million |
| 2003 | -116.09% | -12.05% | 0.79x | 12.22x | $-219.40K |
| 2005 | 21.78% | 1.86% | 1.09x | 10.74x | $214.70K |
| 2006 | -10.15% | -5.77% | 0.87x | 2.02x | $-7.37 Million |
| 2007 | -37.63% | -70.82% | 0.38x | 1.41x | $-92.42 Million |
| 2008 | -42.01% | -48.69% | 0.50x | 1.71x | $-78.08 Million |
| 2009 | -51.90% | -4.80% | 1.91x | 5.65x | $-2.02 Million |
| 2010 | -8.00% | -11.10% | 0.61x | 1.17x | $-45.80 Million |
| 2011 | -8.18% | -14.76% | 0.49x | 1.12x | $-56.20 Million |
| 2012 | -12.31% | -18.25% | 0.59x | 1.14x | $-59.62 Million |
| 2013 | -14.92% | -20.41% | 0.65x | 1.13x | $-59.14 Million |
| 2014 | -11.59% | -15.16% | 0.67x | 1.14x | $-45.81 Million |
| 2015 | -12.09% | -14.01% | 0.76x | 1.14x | $-43.76 Million |
| 2016 | -53.74% | -43.94% | 0.81x | 1.51x | $-87.68 Million |
| 2017 | -5.29% | -4.14% | 0.94x | 1.36x | $-22.04 Million |
| 2018 | 5.96% | 5.03% | 0.98x | 1.20x | $-6.67 Million |
| 2019 | -9.63% | -8.00% | 0.96x | 1.26x | $-32.70 Million |
| 2020 | -11.00% | -8.37% | 0.73x | 1.79x | $-36.80 Million |
| 2021 | -40.97% | -26.22% | 0.70x | 2.24x | $-70.99 Million |
| 2022 | -57.04% | -40.32% | 0.62x | 2.27x | $-160.45 Million |
Industry Comparison
This section compares Edgio Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Edgio Inc (EGIO) | $153.60 Million | -115.52% | 1.95x | $67.13K |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |