Ingles Markets Incorporated (IMKTA) - Net Assets
Based on the latest financial reports, Ingles Markets Incorporated (IMKTA) has net assets worth $1.64 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 ($2.57 Billion) and total liabilities ($930.27 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. Check IMKTA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.64 Billion |
| % of Total Assets | 63.81% |
| Annual Growth Rate | 8.85% |
| 5-Year Change | 64.34% |
| 10-Year Change | 243.69% |
| Growth Volatility | 12.66 |
Ingles Markets Incorporated - Net Assets Trend (1986–2025)
This chart illustrates how Ingles Markets Incorporated's net assets have evolved over time, based on quarterly financial data. Also explore Ingles Markets Incorporated balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ingles Markets Incorporated (1986–2025)
The table below shows the annual net assets of Ingles Markets Incorporated from 1986 to 2025. For live valuation and market cap data, see market cap of Ingles Markets Incorporated.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $1.62 Billion | +4.54% |
| 2024-09-30 | $1.55 Billion | +5.95% |
| 2023-09-30 | $1.46 Billion | +15.83% |
| 2022-09-30 | $1.26 Billion | +28.10% |
| 2021-09-30 | $983.26 Million | +20.01% |
| 2020-09-30 | $819.33 Million | +23.63% |
| 2019-09-30 | $662.72 Million | +11.30% |
| 2018-09-30 | $595.41 Million | +16.51% |
| 2017-09-30 | $511.05 Million | +8.69% |
| 2016-09-30 | $470.18 Million | +9.60% |
| 2015-09-30 | $428.98 Million | +12.12% |
| 2014-09-30 | $382.60 Million | -6.83% |
| 2013-09-30 | $410.64 Million | -10.23% |
| 2012-09-30 | $457.41 Million | +5.90% |
| 2011-09-30 | $431.95 Million | +4.37% |
| 2010-09-30 | $413.84 Million | +3.94% |
| 2009-09-30 | $398.16 Million | +3.47% |
| 2008-09-30 | $384.81 Million | +10.53% |
| 2007-09-30 | $348.14 Million | +14.27% |
| 2006-09-30 | $304.67 Million | +10.05% |
| 2005-09-30 | $276.85 Million | +5.98% |
| 2004-09-30 | $261.22 Million | +10.41% |
| 2003-09-30 | $236.60 Million | -0.82% |
| 2002-09-30 | $238.56 Million | +0.87% |
| 2001-09-30 | $236.50 Million | +1.88% |
| 2000-09-30 | $232.14 Million | +3.59% |
| 1999-09-30 | $224.10 Million | +2.70% |
| 1998-09-30 | $218.20 Million | -2.15% |
| 1997-09-30 | $223.00 Million | +27.36% |
| 1996-09-30 | $175.10 Million | +6.90% |
| 1995-09-30 | $163.80 Million | +3.67% |
| 1994-09-30 | $158.00 Million | +6.97% |
| 1993-09-30 | $147.70 Million | +5.42% |
| 1992-09-30 | $140.10 Million | +1.30% |
| 1991-09-30 | $138.30 Million | +5.41% |
| 1990-09-30 | $131.20 Million | +5.30% |
| 1989-09-30 | $124.60 Million | +12.86% |
| 1988-09-30 | $110.40 Million | +9.63% |
| 1987-09-30 | $100.70 Million | +70.39% |
| 1986-09-30 | $59.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ingles Markets Incorporated'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 3317.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.61 Billion | 99.59% |
| Common Stock | $949.72K | 0.06% |
| Other Comprehensive Income | $5.60 Million | 0.35% |
| Total Equity | $1.62 Billion | 100.00% |
Ingles Markets Incorporated Competitors by Market Cap
The table below lists competitors of Ingles Markets Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FLEX LNG Ltd
F:0QQA
|
$1.26 Billion |
|
Zhejiang JW Precision Machinery Co.Ltd
SHE:300984
|
$1.26 Billion |
|
Vulcan Energy Resources Ltd
AU:VUL
|
$1.26 Billion |
|
Edan Instruments Inc
SHE:300206
|
$1.26 Billion |
|
IRPC Public Company Limited
BK:IRPC
|
$1.26 Billion |
|
ATRESM.C.D.M.ADR/1/EO-75
F:YT2
|
$1.26 Billion |
|
Gansu Yasheng Industrial Group Co Ltd
SHG:600108
|
$1.26 Billion |
|
ProAssurance Corporation
NYSE:PRA
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ingles Markets Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,545,749,090 to 1,615,931,577, a change of 70,182,487 (4.5%).
- Net income of 83,592,501 contributed positively to equity growth.
- Dividend payments of 12,269,407 reduced retained earnings.
- Other comprehensive income decreased equity by 1,140,607.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $83.59 Million | +5.17% |
| Dividends Paid | $12.27 Million | -0.76% |
| Other Comprehensive Income | $-1.14 Million | -0.07% |
| Total Change | $- | 4.54% |
Book Value vs Market Value Analysis
This analysis compares Ingles Markets Incorporated'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.36x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-09-30 | $4.05 | $86.60 | x |
| 1987-09-30 | $6.90 | $86.60 | x |
| 1988-09-30 | $6.26 | $86.60 | x |
| 1989-09-30 | $6.43 | $86.60 | x |
| 1990-09-30 | $7.22 | $86.60 | x |
| 1991-09-30 | $7.76 | $86.60 | x |
| 1992-09-30 | $7.90 | $86.60 | x |
| 1993-09-30 | $8.08 | $86.60 | x |
| 1994-09-30 | $8.02 | $86.60 | x |
| 1995-09-30 | $8.48 | $86.60 | x |
| 1996-09-30 | $8.71 | $86.60 | x |
| 1997-09-30 | $10.31 | $86.60 | x |
| 1998-09-30 | $9.87 | $86.60 | x |
| 1999-09-30 | $9.95 | $86.60 | x |
| 2000-09-30 | $10.24 | $86.60 | x |
| 2001-09-30 | $8.48 | $86.60 | x |
| 2002-09-30 | $10.31 | $86.60 | x |
| 2003-09-30 | $10.29 | $86.60 | x |
| 2004-09-30 | $11.08 | $86.60 | x |
| 2005-09-30 | $11.43 | $86.60 | x |
| 2006-09-30 | $12.45 | $86.60 | x |
| 2007-09-30 | $14.21 | $86.60 | x |
| 2008-09-30 | $15.70 | $86.60 | x |
| 2009-09-30 | $16.24 | $86.60 | x |
| 2010-09-30 | $16.90 | $86.60 | x |
| 2011-09-30 | $17.67 | $86.60 | x |
| 2012-09-30 | $18.85 | $86.60 | x |
| 2013-09-30 | $17.20 | $86.60 | x |
| 2014-09-30 | $16.92 | $86.60 | x |
| 2015-09-30 | $21.17 | $86.60 | x |
| 2016-09-30 | $23.21 | $86.60 | x |
| 2017-09-30 | $25.22 | $86.60 | x |
| 2018-09-30 | $29.39 | $86.60 | x |
| 2019-09-30 | $32.71 | $86.60 | x |
| 2020-09-30 | $40.44 | $86.60 | x |
| 2021-09-30 | $50.13 | $86.60 | x |
| 2022-09-30 | $66.31 | $86.60 | x |
| 2023-09-30 | $76.81 | $86.60 | x |
| 2024-09-30 | $81.38 | $86.60 | x |
| 2025-09-30 | $85.07 | $86.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ingles Markets Incorporated 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): 5.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.57%
- • Asset Turnover: 2.08x
- • Equity Multiplier: 1.59x
- Recent ROE (5.17%) is below the historical average (10.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 14.55% | 1.46% | 2.82x | 3.55x | $2.69 Million |
| 1987 | 9.14% | 1.38% | 2.50x | 2.65x | $-870.00K |
| 1988 | 12.77% | 1.81% | 2.87x | 2.46x | $3.06 Million |
| 1989 | 12.76% | 1.76% | 2.84x | 2.55x | $3.44 Million |
| 1990 | 7.62% | 0.99% | 2.46x | 3.12x | $-3.12 Million |
| 1991 | 7.74% | 1.02% | 2.63x | 2.87x | $-3.13 Million |
| 1992 | 3.93% | 0.52% | 2.63x | 2.89x | $-8.51 Million |
| 1993 | 7.92% | 1.02% | 2.50x | 3.09x | $-3.07 Million |
| 1994 | 12.59% | 1.61% | 2.43x | 3.21x | $4.10 Million |
| 1995 | 10.38% | 1.23% | 2.26x | 3.74x | $620.00K |
| 1996 | 11.82% | 1.41% | 2.08x | 4.04x | $3.19 Million |
| 1997 | 8.92% | 1.30% | 1.91x | 3.60x | $-2.40 Million |
| 1998 | 1.92% | 0.25% | 1.91x | 3.95x | $-17.62 Million |
| 1999 | 8.34% | 1.04% | 2.07x | 3.90x | $-3.71 Million |
| 2000 | 9.09% | 1.10% | 2.07x | 4.00x | $-2.12 Million |
| 2001 | 7.55% | 0.91% | 2.03x | 4.07x | $-5.80 Million |
| 2002 | 5.24% | 0.64% | 1.93x | 4.25x | $-11.36 Million |
| 2003 | 7.19% | 0.85% | 1.85x | 4.55x | $-6.64 Million |
| 2004 | 11.01% | 1.35% | 2.01x | 4.07x | $2.63 Million |
| 2005 | 9.60% | 1.17% | 2.13x | 3.85x | $-1.11 Million |
| 2006 | 13.98% | 1.63% | 2.43x | 3.53x | $12.11 Million |
| 2007 | 16.84% | 2.06% | 2.50x | 3.28x | $23.82 Million |
| 2008 | 13.55% | 1.61% | 2.35x | 3.57x | $13.64 Million |
| 2009 | 7.24% | 0.89% | 2.14x | 3.81x | $-10.99 Million |
| 2010 | 7.45% | 0.91% | 2.22x | 3.70x | $-10.54 Million |
| 2011 | 9.04% | 1.09% | 2.21x | 3.75x | $-4.14 Million |
| 2012 | 9.50% | 1.17% | 2.26x | 3.59x | $-2.30 Million |
| 2013 | 5.06% | 0.56% | 2.24x | 4.07x | $-20.27 Million |
| 2014 | 13.44% | 1.34% | 2.32x | 4.33x | $13.17 Million |
| 2015 | 13.84% | 1.57% | 2.28x | 3.86x | $16.46 Million |
| 2016 | 11.53% | 1.43% | 2.25x | 3.59x | $7.17 Million |
| 2017 | 10.54% | 1.35% | 2.31x | 3.39x | $2.77 Million |
| 2018 | 16.35% | 2.38% | 2.24x | 3.06x | $37.82 Million |
| 2019 | 12.31% | 1.94% | 2.25x | 2.82x | $15.31 Million |
| 2020 | 21.80% | 3.87% | 2.43x | 2.32x | $96.67 Million |
| 2021 | 25.40% | 5.01% | 2.47x | 2.05x | $151.41 Million |
| 2022 | 21.65% | 4.80% | 2.47x | 1.82x | $146.80 Million |
| 2023 | 14.45% | 3.58% | 2.38x | 1.70x | $64.91 Million |
| 2024 | 6.83% | 1.87% | 2.23x | 1.64x | $-49.03 Million |
| 2025 | 5.17% | 1.57% | 2.08x | 1.59x | $-78.00 Million |
Industry Comparison
This section compares Ingles Markets Incorporated's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $1,047,520,225
- Average return on equity (ROE) among peers: 18.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ingles Markets Incorporated (IMKTA) | $1.64 Billion | 14.55% | 0.57x | $1.26 Billion |
| Albertsons Companies (ACI) | $1.61 Billion | 93.97% | 16.85x | $8.23 Billion |
| Dingdong (Cayman) Limited ADR (DDL) | $498.62 Million | -20.03% | 14.44x | $368.51 Million |
| Krispy Kreme Inc (DNUT) | $1.26 Billion | -3.00% | 1.56x | $512.19 Million |
| Grocery Outlet Holding Corp (GO) | $1.01 Billion | 6.17% | 1.65x | $689.03 Million |
| Kroger Company (KR) | $4.21 Billion | 35.52% | 4.85x | $41.54 Billion |
| Maison Solutions Inc (MSS) | $11.64 Million | 10.05% | 5.65x | $4.48 Million |
| Natural Grocers by Vitamin Cottage Inc (NGVC) | $98.85 Million | 13.63% | 0.91x | $606.22 Million |
| Sprouts Farmers Market LLC (SFM) | $672.91 Million | 18.47% | 1.14x | $6.74 Billion |
| Village Super Market Inc (VLGEA) | $47.90 Million | 10.44% | 1.73x | $474.81 Million |
About Ingles Markets Incorporated
Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the United States. The company offers food products, such as grocery, meat, and dairy products, produce, frozen food, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items, organic… Read more