Immersion Corporation (IMMR) - Net Assets
Based on the latest financial reports, Immersion Corporation (IMMR) has net assets worth $566.29 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.37 Billion) and total liabilities ($804.25 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 Immersion Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $566.29 Million |
| % of Total Assets | 41.32% |
| Annual Growth Rate | 19.68% |
| 5-Year Change | 785.1% |
| 10-Year Change | 553.8% |
| Growth Volatility | 281.15 |
Immersion Corporation - Net Assets Trend (1998–2024)
This chart illustrates how Immersion Corporation's net assets have evolved over time, based on quarterly financial data. Also explore IMMR current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Immersion Corporation (1998–2024)
The table below shows the annual net assets of Immersion Corporation from 1998 to 2024. For live valuation and market cap data, see market value of Immersion Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $566.29 Million | +209.28% |
| 2023-12-31 | $183.10 Million | +16.11% |
| 2022-12-31 | $157.70 Million | +11.61% |
| 2021-12-31 | $141.29 Million | +120.84% |
| 2020-12-31 | $63.98 Million | -23.61% |
| 2019-12-31 | $83.76 Million | -15.96% |
| 2018-12-31 | $99.66 Million | +932.00% |
| 2017-12-31 | $9.66 Million | -82.55% |
| 2016-12-31 | $55.34 Million | -36.11% |
| 2015-12-31 | $86.61 Million | +13.07% |
| 2014-12-31 | $76.60 Million | -5.04% |
| 2013-12-31 | $80.67 Million | +80.71% |
| 2012-12-31 | $44.64 Million | -13.52% |
| 2011-12-31 | $51.62 Million | -3.84% |
| 2010-12-31 | $53.68 Million | -3.69% |
| 2009-12-31 | $55.74 Million | -31.54% |
| 2008-12-31 | $81.42 Million | -42.57% |
| 2007-12-31 | $141.79 Million | +716.68% |
| 2006-12-31 | $-22.99 Million | -36.90% |
| 2005-12-31 | $-16.80 Million | -181.46% |
| 2004-12-31 | $-5.97 Million | -389.50% |
| 2003-12-31 | $-1.22 Million | -108.74% |
| 2002-12-31 | $13.95 Million | -51.59% |
| 2001-12-31 | $28.81 Million | -40.40% |
| 2000-12-31 | $48.34 Million | -14.59% |
| 1999-12-31 | $56.60 Million | +967.92% |
| 1998-12-31 | $5.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Immersion Corporation'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 4591000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $41.71 Million | 13.07% |
| Common Stock | $49.00K | 0.02% |
| Other Comprehensive Income | $1.91 Million | 0.60% |
| Other Components | $275.50 Million | 86.32% |
| Total Equity | $319.17 Million | 100.00% |
Immersion Corporation Competitors by Market Cap
The table below lists competitors of Immersion Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KNJ Co. Ltd
KQ:272110
|
$212.39 Million |
|
BYC Co. Ltd
KO:001460
|
$212.41 Million |
|
Mahanagar Telephone Nigam Limited
NSE:MTNL
|
$212.44 Million |
|
Interflex Co. Ltd
KQ:051370
|
$212.47 Million |
|
Arcturus Therapeutics Holdings Inc
NASDAQ:ARCT
|
$212.04 Million |
|
Kuo Yang Construction Co Ltd
TW:2505
|
$211.91 Million |
|
Kreditbanken A/S
CO:KRE
|
$211.84 Million |
|
High Tide Inc
V:HITI
|
$211.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Immersion Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 183,102,000 to 319,166,000, a change of 136,064,000 (74.3%).
- Net income of 90,229,000 contributed positively to equity growth.
- Dividend payments of 12,830,000 reduced retained earnings.
- Share repurchases of 257,000 reduced equity.
- Other comprehensive income increased equity by 209,000.
- Other factors increased equity by 58,713,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $90.23 Million | +28.27% |
| Dividends Paid | $12.83 Million | -4.02% |
| Share Repurchases | $257.00K | -0.08% |
| Other Comprehensive Income | $209.00K | +0.07% |
| Other Changes | $58.71 Million | +18.4% |
| Total Change | $- | 74.31% |
Book Value vs Market Value Analysis
This analysis compares Immersion Corporation'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: 0.66x
- 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 decreased from 4.68x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $1.36 | $6.35 | x |
| 1999-12-31 | $7.21 | $6.35 | x |
| 2000-12-31 | $2.73 | $6.35 | x |
| 2001-12-31 | $1.54 | $6.35 | x |
| 2002-12-31 | $0.70 | $6.35 | x |
| 2003-12-31 | $-0.06 | $6.35 | x |
| 2004-12-31 | $-0.26 | $6.35 | x |
| 2005-12-31 | $-0.70 | $6.35 | x |
| 2006-12-31 | $-0.94 | $6.35 | x |
| 2007-12-31 | $4.48 | $6.35 | x |
| 2008-12-31 | $2.75 | $6.35 | x |
| 2009-12-31 | $1.99 | $6.35 | x |
| 2010-12-31 | $1.91 | $6.35 | x |
| 2011-12-31 | $1.81 | $6.35 | x |
| 2012-12-31 | $1.61 | $6.35 | x |
| 2013-12-31 | $2.75 | $6.35 | x |
| 2014-12-31 | $2.63 | $6.35 | x |
| 2015-12-31 | $2.99 | $6.35 | x |
| 2016-12-31 | $1.92 | $6.35 | x |
| 2017-12-31 | $0.33 | $6.35 | x |
| 2018-12-31 | $3.17 | $6.35 | x |
| 2019-12-31 | $2.66 | $6.35 | x |
| 2020-12-31 | $2.25 | $6.35 | x |
| 2021-12-31 | $4.45 | $6.35 | x |
| 2022-12-31 | $4.71 | $6.35 | x |
| 2023-12-31 | $5.63 | $6.35 | x |
| 2024-12-31 | $9.66 | $6.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Immersion Corporation 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): 28.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.31%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 4.29x
- Recent ROE (28.27%) is above the historical average (-25.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -32.08% | -34.00% | 0.83x | 1.13x | $-2.23 Million |
| 1999 | -7.77% | -55.00% | 0.13x | 1.05x | $-10.06 Million |
| 2000 | -45.86% | -145.27% | 0.27x | 1.19x | $-27.01 Million |
| 2001 | -75.47% | -113.07% | 0.52x | 1.28x | $-24.63 Million |
| 2002 | -118.51% | -81.69% | 0.80x | 1.81x | $-17.92 Million |
| 2003 | 0.00% | -83.93% | 0.53x | 0.00x | $-16.85 Million |
| 2004 | 0.00% | -87.27% | 0.56x | 0.00x | $-20.14 Million |
| 2005 | 0.00% | -53.90% | 0.54x | 0.00x | $-11.41 Million |
| 2006 | 0.00% | -37.43% | 0.56x | 0.00x | $-8.12 Million |
| 2007 | 82.53% | 337.21% | 0.21x | 1.19x | $102.84 Million |
| 2008 | -58.56% | -130.52% | 0.32x | 1.39x | $-55.83 Million |
| 2009 | -50.73% | -102.00% | 0.32x | 1.58x | $-33.85 Million |
| 2010 | -11.04% | -19.04% | 0.38x | 1.51x | $-11.30 Million |
| 2011 | -3.11% | -5.24% | 0.41x | 1.45x | $-6.77 Million |
| 2012 | -12.46% | -17.30% | 0.51x | 1.42x | $-10.03 Million |
| 2013 | 49.78% | 84.59% | 0.43x | 1.37x | $32.09 Million |
| 2014 | 5.38% | 7.79% | 0.54x | 1.27x | $-3.54 Million |
| 2015 | 3.30% | 4.51% | 0.60x | 1.22x | $-5.80 Million |
| 2016 | -71.16% | -68.99% | 0.55x | 1.88x | $-44.91 Million |
| 2017 | -469.00% | -129.35% | 0.67x | 5.38x | $-46.26 Million |
| 2018 | 54.53% | 48.97% | 0.76x | 1.46x | $44.38 Million |
| 2019 | -23.93% | -55.75% | 0.29x | 1.49x | $-28.42 Million |
| 2020 | 8.44% | 17.73% | 0.32x | 1.50x | $-997.10K |
| 2021 | 8.84% | 35.58% | 0.20x | 1.24x | $-1.65 Million |
| 2022 | 19.44% | 79.73% | 0.20x | 1.21x | $14.89 Million |
| 2023 | 18.56% | 100.17% | 0.16x | 1.18x | $15.67 Million |
| 2024 | 28.27% | 7.31% | 0.90x | 4.29x | $58.31 Million |
Industry Comparison
This section compares Immersion Corporation's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Immersion Corporation (IMMR) | $566.29 Million | -32.08% | 1.42x | $212.13 Million |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Immersion Corporation
Immersion Corporation, together with its subsidiaries, engages in the business of intellectual property (IP) that engages users' sense of touch when operating digital devices in North America, Europe, and Asia. The company offers software, related tools and technical assistance related to integrating its patented technology; educational content and general merchandise, and digital and physical te… Read more