Edgio, Inc. (EGIOQ) - Net Assets
Based on the latest financial reports, Edgio, Inc. (EGIOQ) 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. Check how resilient are Edgio, Inc.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $153.60 Million |
| % of Total Assets | 33.89% |
| Annual Growth Rate | 12.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.55 |
Edgio, Inc. - Net Assets Trend (2019–2022)
This chart illustrates how Edgio, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Edgio, Inc. for the complete picture of this company's asset base.
Annual Net Assets for Edgio, Inc. (2019–2022)
The table below shows the annual net assets of Edgio, Inc. from 2019 to 2022. For live valuation and market cap data, see market cap of Edgio, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $239.32 Million | +81.20% |
| 2021-12-31 | $132.07 Million | -24.61% |
| 2020-12-31 | $175.19 Million | +5.20% |
| 2019-12-31 | $166.54 Million | -- |
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 21838500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $812.36 Million | 339.44% |
| 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 |
|---|---|
|
Hempacco Co., Inc.
NASDAQ:HPCO
|
$592.00 |
|
H C Slingsby PLC
LSE:SLNG
|
$613.03 |
|
Ordinary Fully Paid Deferred Settlement
AU:GMNDA
|
$622.84 |
|
Tissue Regenix Group Plc
LSE:TRX
|
$628.37 |
|
Isomet Corp
NASDAQ:IOMT
|
$584.41 |
|
Minerals Exploration Limited
AU:MEX
|
$580.25 |
|
IRPC Public Company Limited
F:TPIG
|
$553.32 |
|
GoldArc Resources Limited
AU:GA8
|
$533.82 |
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 132,074,000 to 239,323,000, a change of 107,249,000 (81.2%).
- Net loss of 136,519,000 reduced equity.
- Other factors increased equity by 243,768,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-136.52 Million | -57.04% |
| Other Changes | $243.77 Million | +101.86% |
| Total Change | $- | 81.20% |
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: 0.00x
- 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 | $56.28 | $0.00 | x |
| 2020-12-31 | $56.67 | $0.00 | x |
| 2021-12-31 | $39.33 | $0.00 | x |
| 2022-12-31 | $43.08 | $0.00 | 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 (-31.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -9.63% | -8.00% | 0.96x | 1.26x | $-32.70 Million |
| 2020 | -12.63% | -9.88% | 0.71x | 1.79x | $-39.65 Million |
| 2021 | -46.31% | -30.41% | 0.64x | 2.38x | $-74.37 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: $527,355,826
- Average return on equity (ROE) among peers: -32.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Edgio, Inc. (EGIOQ) | $153.60 Million | -9.63% | 1.95x | $585.54 |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $26.91 Million | -95.01% | 0.21x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $456.38 Million | -22.24% | 0.05x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $-2.19 Million | 0.00% | 0.00x | $24.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.26 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 0.95% | 0.09x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $13.57 Million | 2.93% | 0.26x | $437.32 Million |
| Airship AI Holdings Inc (AISP) | $-8.36 Million | 0.00% | 0.00x | $83.39 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $3.19 Billion | 9.35% | 0.71x | $15.05 Billion |
About 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