Galaxy Digital Holdings Ltd (GLXY) - Net Assets
Based on the latest financial reports, Galaxy Digital Holdings Ltd (GLXY) has net assets worth $3.03 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.35 Billion) and total liabilities ($8.31 Billion). 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 Galaxy Digital Holdings Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.03 Billion |
| % of Total Assets | 26.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 285.96% |
| 10-Year Change | 386668.24% |
| Growth Volatility | 92949.73 |
Galaxy Digital Holdings Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Galaxy Digital Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore GLXY total assets for the complete picture of this company's asset base.
Annual Net Assets for Galaxy Digital Holdings Ltd (2005–2025)
The table below shows the annual net assets of Galaxy Digital Holdings Ltd from 2005 to 2025. For live valuation and market cap data, see Galaxy Digital Holdings Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.03 Billion | +196.61% |
| 2024-12-31 | $1.02 Billion | +31.00% |
| 2023-12-31 | $781.03 Million | +160.95% |
| 2022-12-31 | $299.31 Million | -61.93% |
| 2021-12-31 | $786.29 Million | +360927.67% |
| 2017-12-31 | $217.79K | -42.94% |
| 2016-12-31 | $381.72K | -23.67% |
| 2015-12-31 | $500.08K | -24.56% |
| 2014-12-31 | $662.90K | -15.52% |
| 2013-12-31 | $784.65K | -19.23% |
| 2012-12-31 | $971.47K | -16.64% |
| 2011-12-31 | $1.17 Million | -84.26% |
| 2008-12-31 | $7.40 Million | -59.96% |
| 2007-12-31 | $18.49 Million | +131.47% |
| 2006-12-31 | $7.99 Million | +3290.86% |
| 2005-12-31 | $-250.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galaxy Digital Holdings Ltd'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 grown by 34317622300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $342.92 Million | 17.82% |
| Common Stock | $192.00K | 0.01% |
| Other Comprehensive Income | $-2.04 Million | -0.11% |
| Other Components | $1.58 Billion | 82.28% |
| Total Equity | $1.92 Billion | 100.00% |
Galaxy Digital Holdings Ltd Competitors by Market Cap
The table below lists competitors of Galaxy Digital Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Ozk
NASDAQ:OZK
|
$5.36 Billion |
|
White Mountains Insurance Group Ltd
NYSE:WTM
|
$5.36 Billion |
|
FTI Consulting Inc
NYSE:FCN
|
$5.37 Billion |
|
Kanzhun Ltd ADR
NASDAQ:BZ
|
$5.37 Billion |
|
Hong Leong Financial Group Bhd
KLSE:1082
|
$5.36 Billion |
|
Amorepacific Corp. (New)
KO:090430
|
$5.36 Billion |
|
Liontown Resources Ltd
AU:LTR
|
$5.36 Billion |
|
Apar Industries Limited
NSE:APARINDS
|
$5.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galaxy Digital Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,023,143,000 to 1,924,864,000, a change of 901,721,000 (88.1%).
- Net loss of 241,349,000 reduced equity.
- Dividend payments of 49,308,000 reduced retained earnings.
- Share repurchases of 51,397,000 reduced equity.
- Other comprehensive income decreased equity by 117,980,000.
- Other factors increased equity by 1,361,755,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-241.35 Million | -12.54% |
| Dividends Paid | $49.31 Million | -2.56% |
| Share Repurchases | $51.40 Million | -2.67% |
| Other Comprehensive Income | $-117.98 Million | -6.13% |
| Other Changes | $1.36 Billion | +70.75% |
| Total Change | $- | 88.13% |
Book Value vs Market Value Analysis
This analysis compares Galaxy Digital Holdings Ltd'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: 56.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $-4.33 | $28.11 | x |
| 2006-12-31 | $129.71 | $28.11 | x |
| 2007-12-31 | $215.76 | $28.11 | x |
| 2008-12-31 | $69.35 | $28.11 | x |
| 2011-12-31 | $7.49 | $28.11 | x |
| 2012-12-31 | $6.24 | $28.11 | x |
| 2013-12-31 | $5.04 | $28.11 | x |
| 2014-12-31 | $4.26 | $28.11 | x |
| 2015-12-31 | $3.21 | $28.11 | x |
| 2016-12-31 | $2.45 | $28.11 | x |
| 2017-12-31 | $1.40 | $28.11 | x |
| 2021-12-31 | $7.50 | $28.11 | x |
| 2022-12-31 | $2.86 | $28.11 | x |
| 2023-12-31 | $6.15 | $28.11 | x |
| 2024-12-31 | $8.16 | $28.11 | x |
| 2025-12-31 | $0.49 | $28.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galaxy Digital Holdings Ltd 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): -12.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.39%
- • Asset Turnover: 5.41x
- • Equity Multiplier: 5.90x
- Recent ROE (-12.54%) is above the historical average (-33.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-194.33K |
| 2006 | -55.66% | 0.00% | 0.00x | 1.17x | $-5.24 Million |
| 2007 | -51.04% | 0.00% | 0.00x | 1.10x | $-11.28 Million |
| 2008 | -155.76% | 0.00% | 0.00x | 1.22x | $-12.27 Million |
| 2011 | -27.03% | 0.00% | 0.00x | 1.03x | $-431.50K |
| 2012 | -22.52% | 0.00% | 0.00x | 1.03x | $-315.90K |
| 2013 | -16.33% | 0.00% | 0.00x | 1.03x | $-206.59K |
| 2014 | -8.95% | 0.00% | 0.00x | 1.06x | $-125.59K |
| 2015 | -12.03% | 0.00% | 0.00x | 1.05x | $-110.16K |
| 2016 | -35.51% | 0.00% | 0.00x | 1.10x | $-173.72K |
| 2017 | -84.62% | 0.00% | 0.00x | 1.48x | $-206.07K |
| 2021 | 51.14% | 0.00% | 0.00x | 1.13x | $323.45 Million |
| 2022 | -174.63% | 0.00% | 0.00x | 1.32x | $-552.61 Million |
| 2023 | 58.23% | 0.88% | 58.99x | 1.12x | $376.66 Million |
| 2024 | 7.71% | 0.19% | 37.99x | 1.10x | $-23.46 Million |
| 2025 | -12.54% | -0.39% | 5.41x | 5.90x | $-433.84 Million |
Industry Comparison
This section compares Galaxy Digital Holdings Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $-564,291,634
- Average return on equity (ROE) among peers: -3.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galaxy Digital Holdings Ltd (GLXY) | $3.03 Billion | 0.00% | 2.74x | $5.36 Billion |
| American Bitcoin Corp (ABTC) | $59.95 Million | -52.26% | 0.58x | $395.54 Million |
| Abits Group Inc. (ABTS) | $-10.38 Million | 0.00% | 0.00x | $4.02 Million |
| Sphere 3D Corp (ANY) | $118.76K | -17.52% | 0.21x | $4.44 Million |
| Argo Blockchain PLC ADR (ARBK) | $272.27 Million | 14.35% | 0.43x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-6.80 Billion | 0.00% | 0.00x | $34.90 Million |
| Prestige Wealth Inc. (AURE) | $6.18 Million | -16.75% | 0.11x | $43.47 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $592.51 Million |
| BGC Group Inc. (BGC) | $427.41 Million | 5.58% | 2.83x | $4.05 Billion |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
| Bluemount Holdings Limited Class B Ordinary Shares (BMHL) | $38.50 Million | 26.20% | 1.92x | $49.89 Million |
About Galaxy Digital Holdings Ltd
Galaxy Digital Inc. engages in the digital asset and data centre infrastructure businesses in North America and internationally. It operates through Digital Assets, Data Centers, and Treasury and Corporate segments. The Digital Assets segment provides over-the-counter spot and derivatives trading, lending, and structured products, as well as mergers and acquisitions advisory, and equity and debt … Read more