GRIID Infrastructure Inc. Warrant
Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio. As of October 30, 2024, Griid Inf… Read more
GRIID Infrastructure Inc. Warrant (GRDIW) - Net Assets
Latest net assets as of June 2024: $-33.91 Million USD
Based on the latest financial reports, GRIID Infrastructure Inc. Warrant (GRDIW) has net assets worth $-33.91 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($41.59 Million) and total liabilities ($75.51 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 | $-33.91 Million |
| % of Total Assets | -81.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
GRIID Infrastructure Inc. Warrant - Net Assets Trend (2021–2024)
This chart illustrates how GRIID Infrastructure Inc. Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GRIID Infrastructure Inc. Warrant (2021–2024)
The table below shows the annual net assets of GRIID Infrastructure Inc. Warrant from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-59.64 Million | +32.47% |
| 2023-06-30 | $-88.31 Million | -259.42% |
| 2022-06-30 | $-24.57 Million | -87.18% |
| 2021-06-30 | $-13.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GRIID Infrastructure Inc. Warrant'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 9191400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.00K | % |
| Other Components | $47.77 Million | % |
| Total Equity | $-59.64 Million | 100.00% |
GRIID Infrastructure Inc. Warrant Competitors by Market Cap
The table below lists competitors of GRIID Infrastructure Inc. Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GLOBE METALS
BE:G4U
|
$234.54 |
|
Koba Resources Ltd
AU:KOB
|
$234.80 |
|
FAST FIN 24 HLDG INH O.N.
F:FF24
|
$235.27 |
|
Premier Insurance Ltd
KAR:PINL
|
$235.60 |
|
Alpha Real Trust Ltd
LSE:ARTL
|
$233.87 |
|
CHINA STARCH HLDGS
BE:46C1
|
$233.38 |
|
COL Financial Group Inc
PSE:COL
|
$233.22 |
|
Royal Standard Minerals Inc
PINK:RYSMF
|
$232.13 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRIID Infrastructure Inc. Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -88,312,000 to -59,637,000, a change of 28,675,000.
- Net loss of 18,657,000 reduced equity.
- Other factors increased equity by 47,332,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.66 Million | -31.28% |
| Other Changes | $47.33 Million | +79.37% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GRIID Infrastructure Inc. Warrant'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $-1.33 | $0.02 | x |
| 2022-06-30 | $-0.41 | $0.02 | x |
| 2023-06-30 | $-1.35 | $0.02 | x |
| 2024-06-30 | $-0.91 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRIID Infrastructure Inc. Warrant 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -95.07%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -487.00% | 0.19x | 0.00x | $-12.40 Million |
| 2022 | 0.00% | -37.74% | 0.62x | 0.00x | $-8.94 Million |
| 2023 | 0.00% | -275.58% | 0.48x | 0.00x | $-52.77 Million |
| 2024 | 0.00% | -95.07% | 0.46x | 0.00x | $-12.69 Million |
Industry Comparison
This section compares GRIID Infrastructure Inc. Warrant's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GRIID Infrastructure Inc. Warrant (GRDIW) | $-33.91 Million | 0.00% | N/A | $234.53 |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |