HIVE Digital Technologies Ltd
HIVE Digital Technologies Ltd., a technology company, engages in the building and operating data centers powered by green energy in Bermuda and Paraguay. The Company operates the mining and sale of digital currencies and performance computing hosting. It also provides infrastructure solutions, such as computational capacity to distributed networks in the blockchain industry. The company was forme… Read more
HIVE Digital Technologies Ltd (HIVE) - Net Assets
Latest net assets as of September 2025: $624.60 Million USD
Based on the latest financial reports, HIVE Digital Technologies Ltd (HIVE) has net assets worth $624.60 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($692.97 Million) and total liabilities ($68.37 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 | $624.60 Million |
| % of Total Assets | 90.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | 234.0% |
| 10-Year Change | N/A |
| Growth Volatility | 197.17 |
HIVE Digital Technologies Ltd - Net Assets Trend (2005–2025)
This chart illustrates how HIVE Digital Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HIVE Digital Technologies Ltd (2005–2025)
The table below shows the annual net assets of HIVE Digital Technologies Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $449.14 Million | +73.14% |
| 2024-03-31 | $259.41 Million | +74.20% |
| 2023-03-31 | $148.91 Million | -61.66% |
| 2022-03-31 | $388.37 Million | +188.81% |
| 2021-03-31 | $134.47 Million | +537.72% |
| 2020-03-31 | $21.09 Million | -3.93% |
| 2019-03-31 | $21.95 Million | -85.47% |
| 2018-03-31 | $151.11 Million | +6989.75% |
| 2017-03-31 | $-2.19 Million | +23.26% |
| 2016-03-31 | $-2.86 Million | -24.54% |
| 2015-03-31 | $-2.29 Million | -8.68% |
| 2014-03-31 | $-2.11 Million | -12.88% |
| 2013-03-31 | $-1.87 Million | -7.16% |
| 2012-03-31 | $-1.75 Million | +29.78% |
| 2011-03-31 | $-2.49 Million | -20.17% |
| 2010-03-31 | $-2.07 Million | -43.21% |
| 2009-03-31 | $-1.44 Million | +4.76% |
| 2008-03-31 | $-1.52 Million | -36.50% |
| 2007-03-31 | $-1.11 Million | -22.29% |
| 2006-03-31 | $-908.51K | -19.52% |
| 2005-03-31 | $-760.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HIVE Digital Technologies 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 decreased by 26950256800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $6.29 Million | 1.40% |
| Other Components | $716.71 Million | 159.57% |
| Total Equity | $449.14 Million | 100.00% |
HIVE Digital Technologies Ltd Competitors by Market Cap
The table below lists competitors of HIVE Digital Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Daimay Auto Interior
SHG:603730
|
$523.68 Million |
|
Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685
|
$523.76 Million |
|
VIRDY
PINK:VIRDY
|
$523.80 Million |
|
ASSET WORLD CORP PCL-NVDR
BK:AWC-R
|
$523.94 Million |
|
Cendes Co Ltd Class A
SHE:300492
|
$523.57 Million |
|
Shandong Nanshan Zhishang Sci-Tech Co.Ltd.
SHE:300918
|
$523.45 Million |
|
IP Group Plc
PINK:IPZYF
|
$523.40 Million |
|
indie Semiconductor Inc
NASDAQ:INDI
|
$523.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HIVE Digital Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 259,412,000 to 449,137,000, a change of 189,725,000 (73.1%).
- Net loss of 2,996,000 reduced equity.
- New share issuances of 186,762,000 increased equity.
- Other comprehensive income decreased equity by 38,000.
- Other factors increased equity by 5,997,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.00 Million | -0.67% |
| Share Issuances | $186.76 Million | +41.58% |
| Other Comprehensive Income | $-38.00K | -0.01% |
| Other Changes | $6.00 Million | +1.34% |
| Total Change | $- | 73.14% |
Book Value vs Market Value Analysis
This analysis compares HIVE Digital Technologies 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: 0.63x
- 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 |
|---|---|---|---|
| 2005-03-31 | $-3.02 | $2.21 | x |
| 2006-03-31 | $-3.61 | $2.21 | x |
| 2007-03-31 | $-4.42 | $2.21 | x |
| 2008-03-31 | $-6.03 | $2.21 | x |
| 2009-03-31 | $-5.74 | $2.21 | x |
| 2010-03-31 | $-8.23 | $2.21 | x |
| 2011-03-31 | $-9.88 | $2.21 | x |
| 2012-03-31 | $-2.84 | $2.21 | x |
| 2013-03-31 | $-0.93 | $2.21 | x |
| 2014-03-31 | $-0.50 | $2.21 | x |
| 2015-03-31 | $-0.37 | $2.21 | x |
| 2016-03-31 | $-0.45 | $2.21 | x |
| 2017-03-31 | $-0.23 | $2.21 | x |
| 2018-03-31 | $3.95 | $2.21 | x |
| 2019-03-31 | $0.35 | $2.21 | x |
| 2020-03-31 | $0.32 | $2.21 | x |
| 2021-03-31 | $1.83 | $2.21 | x |
| 2022-03-31 | $4.58 | $2.21 | x |
| 2023-03-31 | $1.80 | $2.21 | x |
| 2024-03-31 | $2.88 | $2.21 | x |
| 2025-03-31 | $3.51 | $2.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HIVE Digital Technologies 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): -0.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.60%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.18x
- Recent ROE (-0.67%) is above the historical average (-36.37%), 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 | $-91.99K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.35K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-80.90K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-119.35K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.75K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.55K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-400.04 |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-408.45K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-281.47K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-370.88K |
| 2015 | 0.00% | -0.39% | 905.72x | 0.00x | $-303.23K |
| 2016 | 0.00% | -0.42% | 1017.07x | 0.00x | $-343.79K |
| 2017 | 0.00% | -0.32% | 355.29x | 0.00x | $-315.81K |
| 2018 | -17.37% | -200.61% | 0.08x | 1.07x | $-41.35 Million |
| 2019 | -627.84% | -433.01% | 1.15x | 1.26x | $-140.00 Million |
| 2020 | -7.89% | -5.69% | 1.00x | 1.38x | $-3.77 Million |
| 2021 | 17.95% | 35.67% | 0.38x | 1.33x | $10.70 Million |
| 2022 | 20.50% | 37.70% | 0.47x | 1.16x | $40.79 Million |
| 2023 | -158.76% | -222.37% | 0.54x | 1.32x | $-251.31 Million |
| 2024 | 10.22% | 23.15% | 0.37x | 1.18x | $558.80K |
| 2025 | -0.67% | -2.60% | 0.22x | 1.18x | $-47.91 Million |
Industry Comparison
This section compares HIVE Digital Technologies Ltd'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 |
|---|---|---|---|---|
| HIVE Digital Technologies Ltd (HIVE) | $624.60 Million | 0.00% | 0.11x | $523.67 Million |
| 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 |