GridAI Technologies Corp. (GRDX) - Net Assets
Based on the latest financial reports, GridAI Technologies Corp. (GRDX) has net assets worth $27.49 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.97 Million) and total liabilities ($20.47 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 GRDX current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $27.49 Million |
| % of Total Assets | 57.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | 797.4% |
| Growth Volatility | 523.04 |
GridAI Technologies Corp. - Net Assets Trend (2013–2025)
This chart illustrates how GridAI Technologies Corp.'s net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of GridAI Technologies Corp. to evaluate the tangible quality of the company's equity base.
Annual Net Assets for GridAI Technologies Corp. (2013–2025)
The table below shows the annual net assets of GridAI Technologies Corp. from 2013 to 2025. For live valuation and market cap data, see market value of GridAI Technologies Corp..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $28.83 Million | -50.12% |
| 2024-12-31 | $57.80 Million | +1504.37% |
| 2023-12-31 | $3.60 Million | +31.39% |
| 2022-12-31 | $2.74 Million | +135.06% |
| 2021-12-31 | $-7.82 Million | -196.19% |
| 2020-12-31 | $-2.64 Million | -157.19% |
| 2019-12-31 | $4.62 Million | +3.20% |
| 2018-12-31 | $4.47 Million | +63.78% |
| 2017-12-31 | $2.73 Million | -14.98% |
| 2016-12-31 | $3.21 Million | +188.52% |
| 2015-12-31 | $-3.63 Million | -237.24% |
| 2014-12-31 | $2.64 Million | +381.88% |
| 2013-12-31 | $-938.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GridAI Technologies Corp.'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 20776615900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $422.00 | 0.00% |
| Other Comprehensive Income | $39.00K | 0.16% |
| Other Components | $232.45 Million | 980.49% |
| Total Equity | $23.71 Million | 100.00% |
GridAI Technologies Corp. Competitors by Market Cap
The table below lists competitors of GridAI Technologies Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Watches Of Switzerland Group PLC
LSE:WOSG
|
$21.68 Million |
|
BeMetals Corp
V:BMET
|
$21.69 Million |
|
Sakthi Sugars Limited
NSE:SAKHTISUG
|
$21.71 Million |
|
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
IS:FLAP
|
$21.71 Million |
|
Lumens Co. Ltd
KQ:038060
|
$21.63 Million |
|
Elevation Oncology Inc
NASDAQ:ELEV
|
$21.63 Million |
|
Vikas EcoTech Limited
NSE:VIKASECO
|
$21.61 Million |
|
SynCore Biotechnology Co Ltd
TWO:4192
|
$21.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GridAI Technologies Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 57,804,362 to 23,707,493, a change of -34,096,869 (-59.0%).
- Net loss of 6,392,654 reduced equity.
- Dividend payments of 337,240 reduced retained earnings.
- New share issuances of 3,472,935 increased equity.
- Other comprehensive income increased equity by 38,996.
- Other factors decreased equity by 30,878,906.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.39 Million | -26.96% |
| Dividends Paid | $337.24K | -1.42% |
| Share Issuances | $3.47 Million | +14.65% |
| Other Comprehensive Income | $39.00K | +0.16% |
| Other Changes | $-30.88 Million | -130.25% |
| Total Change | $- | -58.99% |
Book Value vs Market Value Analysis
This analysis compares GridAI Technologies Corp.'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: 0.22x
- 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 increased from 0.01x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $234.59 | $3.20 | x |
| 2014-12-31 | $11364.17 | $3.20 | x |
| 2015-12-31 | $-15596.07 | $3.20 | x |
| 2016-12-31 | $20745.09 | $3.20 | x |
| 2017-12-31 | $10794.10 | $3.20 | x |
| 2018-12-31 | $12170.49 | $3.20 | x |
| 2019-12-31 | $8647.50 | $3.20 | x |
| 2020-12-31 | $-3900.29 | $3.20 | x |
| 2021-12-31 | $-3680.73 | $3.20 | x |
| 2022-12-31 | $76.36 | $3.20 | x |
| 2023-12-31 | $10.71 | $3.20 | x |
| 2024-12-31 | $16.83 | $3.20 | x |
| 2025-12-31 | $14.66 | $3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GridAI Technologies Corp. 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): -26.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17634.42%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.05x
- Recent ROE (-26.96%) is above the historical average (-201.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.86% | 0.00% | 0.00x | 0.02x | $-6.47K |
| 2014 | -89.42% | 0.00% | 0.00x | 2.49x | $-2.63 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.57 Million |
| 2016 | -454.14% | 0.00% | 0.00x | 2.10x | $-14.91 Million |
| 2017 | -406.21% | 0.00% | 0.00x | 2.40x | $-11.37 Million |
| 2018 | -302.50% | 0.00% | 0.00x | 1.67x | $-13.98 Million |
| 2019 | -328.72% | 0.00% | 0.00x | 1.93x | $-15.64 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.41 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-57.76 Million |
| 2022 | -533.51% | 0.00% | 0.00x | 1.98x | $-14.90 Million |
| 2023 | -438.39% | 0.00% | 0.00x | 1.91x | $-16.16 Million |
| 2024 | -31.24% | 0.00% | 0.00x | 1.48x | $-23.84 Million |
| 2025 | -26.96% | -17634.42% | 0.00x | 2.05x | $-8.76 Million |
Industry Comparison
This section compares GridAI Technologies Corp.'s net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $165,729,232
- Average return on equity (ROE) among peers: -122.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GridAI Technologies Corp. (GRDX) | $27.49 Million | -1.86% | 0.74x | $21.67 Million |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $120.41 Million |
| Abcellera Biologics Inc (ABCL) | $1.15 Billion | -12.70% | 0.29x | $1.61 Billion |
| Abeona Therapeutics Inc (ABEO) | $599.00K | -741.40% | 1.42x | $335.61 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $225.18 Million | -44.68% | 0.02x | $155.29 Million |
| Abpro Holdings, Inc. (ABP) | $-12.35 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $274.41 Million | -38.23% | 0.17x | $1.01 Billion |
| Arbutus Biopharma Corp (ABUS) | $59.19 Million | -23.76% | 0.21x | $831.63 Million |
| ABVC Biopharma Inc (ABVC) | $10.00K | -200.00% | 3.00x | $31.20 Million |
| Abivax SA American Depositary Shares (ABVX) | $25.93 Million | -163.70% | 3.21x | $11.46 Billion |
| ACADIA Pharmaceuticals Inc (ACAD) | $-40.09 Million | 0.00% | 0.00x | $3.66 Billion |
About GridAI Technologies Corp.
GridAI Technologies Corp., together with its subsidiaries, designs and develops an artificial intelligence (AI)-driven software and device platform that enables utilities, retailers, and large power users to manage load and distributed energy resources. It also develops Adrulipase, a recombinant lipase enzyme program for the treatment of exocrine pancreatic insufficiency. The company is based in … Read more