indie Semiconductor Inc
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, driver automation, in-cabin, connected car, and electrification applications. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; … Read more
indie Semiconductor Inc (INDI) - Net Assets
Latest net assets as of September 2025: $392.91 Million USD
Based on the latest financial reports, indie Semiconductor Inc (INDI) has net assets worth $392.91 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 ($855.07 Million) and total liabilities ($462.15 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 | $392.91 Million |
| % of Total Assets | 45.95% |
| Annual Growth Rate | 82.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 997.97 |
indie Semiconductor Inc - Net Assets Trend (2018–2024)
This chart illustrates how indie Semiconductor Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for indie Semiconductor Inc (2018–2024)
The table below shows the annual net assets of indie Semiconductor Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $445.39 Million | -6.63% |
| 2023-12-31 | $477.02 Million | +51.76% |
| 2022-12-31 | $314.33 Million | +7.70% |
| 2021-12-31 | $291.86 Million | +387.57% |
| 2020-12-31 | $-101.49 Million | -132.44% |
| 2019-12-31 | $312.89 Million | +2470.32% |
| 2018-12-31 | $12.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to indie Semiconductor Inc'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 46269800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.00K | 0.01% |
| Other Comprehensive Income | $-24.66 Million | -5.90% |
| Other Components | $936.56 Million | 224.12% |
| Total Equity | $417.89 Million | 100.00% |
indie Semiconductor Inc Competitors by Market Cap
The table below lists competitors of indie Semiconductor Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IP Group Plc
PINK:IPZYF
|
$523.40 Million |
|
Shandong Nanshan Zhishang Sci-Tech Co.Ltd.
SHE:300918
|
$523.45 Million |
|
Cendes Co Ltd Class A
SHE:300492
|
$523.57 Million |
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
$523.67 Million |
|
Oil Refineries Ltd
PINK:OILRF
|
$523.30 Million |
|
Elecom Co., Ltd.
PINK:ELCMF
|
$523.17 Million |
|
Zhejiang Henglin Chair Industry Co Ltd Class A
SHG:603661
|
$523.08 Million |
|
TES Co. Ltd
KQ:095610
|
$523.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in indie Semiconductor Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 446,149,000 to 417,886,000, a change of -28,263,000 (-6.3%).
- Net loss of 132,603,000 reduced equity.
- New share issuances of 19,847,000 increased equity.
- Other comprehensive income decreased equity by 18,485,000.
- Other factors increased equity by 102,978,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-132.60 Million | -31.73% |
| Share Issuances | $19.85 Million | +4.75% |
| Other Comprehensive Income | $-18.48 Million | -4.42% |
| Other Changes | $102.98 Million | +24.64% |
| Total Change | $- | -6.33% |
Book Value vs Market Value Analysis
This analysis compares indie Semiconductor Inc'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: 1.10x
- 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 26.40x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.10 | $2.62 | x |
| 2019-12-31 | $2.82 | $2.62 | x |
| 2020-12-31 | $-0.88 | $2.62 | x |
| 2021-12-31 | $4.47 | $2.62 | x |
| 2022-12-31 | $2.64 | $2.62 | x |
| 2023-12-31 | $3.07 | $2.62 | x |
| 2024-12-31 | $2.39 | $2.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently indie Semiconductor Inc 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): -31.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.20%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.25x
- Recent ROE (-31.73%) is below the historical average (-29.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -96.83% | -35.52% | 0.69x | 3.94x | $-11.26 Million |
| 2019 | -6.54% | -90.06% | 0.07x | 1.11x | $-51.74 Million |
| 2020 | 0.00% | -431.22% | 0.64x | 0.00x | $-86.47 Million |
| 2021 | -28.12% | -181.86% | 0.10x | 1.50x | $-119.35 Million |
| 2022 | -13.87% | -39.17% | 0.18x | 1.93x | $-74.68 Million |
| 2023 | -26.36% | -52.71% | 0.27x | 1.84x | $-162.24 Million |
| 2024 | -31.73% | -61.20% | 0.23x | 2.25x | $-174.39 Million |
Industry Comparison
This section compares indie Semiconductor Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| indie Semiconductor Inc (INDI) | $392.91 Million | -96.83% | 1.18x | $523.36 Million |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $535.54 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.81 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.98 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $159.25 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $419.98 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.29 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $512.72 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $17.42 Billion |