Edgio, Inc. Net Assets
Edgio, Inc. 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. Also explore Edgio, Inc. annual equity growth to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Edgio, Inc. (2019–2022)
Net assets of Edgio, Inc. from 2019 to 2022. This chart illustrates how Edgio, Inc.'s net assets have evolved over time, based on quarterly financial data. See Edgio, Inc. (EGIOQ) net asset quality to measure how much of total assets are equity-financed.
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 market cap and overall valuation, 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.
Edgio, Inc. Net Assets Breakdown (December 2022)
Edgio, Inc. net assets breakdown by equity component as of 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 |
|---|---|
|
Tissue Regenix Group Plc
LSE:TRX
|
$628.37 |
|
Ordinary Fully Paid Deferred Settlement
AU:GMNDA
|
$633.58 |
|
Accentro Real Estate AG
F:A4Y
|
$653.34 |
|
Shapeways Holdings, Inc
NASDAQ:SHPWQ
|
$661.00 |
|
H C Slingsby PLC
LSE:SLNG
|
$582.18 |
|
Green & Gold Minerals Ltd
AU:GG1
|
$568.19 |
|
Isomet Corp
NASDAQ:IOMT
|
$564.01 |
|
Ordinary Fully Paid Deferred Settlement
AU:RC1DC
|
$520.69 |
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: $160,758,774
- Average return on equity (ROE) among peers: -290.21%
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) | $59.70 Million | 6.37% | 0.68x | $5.27 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $228.44 Million | -65.37% | 0.13x | $563.46 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $329.93 Million | -43.24% | 0.08x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $30.41 Million | -30.68% | 0.26x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $11.23 Million | -172.65% | 0.99x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.82 Billion |
| Bitzero Holdings Inc. (AIBZ) | $42.65K | -26761.63% | 1.01x | $163.39 Million |
| All In FutureTech Alliance Inc. (AIFA) | $93.41 Million | -3.68% | 0.20x | $19.90 Million |
| AI Financial Corporation (AIFC) | $16.10 Million | -47.01% | 3.70x | $33.48 Million |
| iLearningEngines, Inc. (AILE) | $28.28K | 24250.25% | 3.12x | $59.29 Million |
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