indie Semiconductor Inc (INDI) - Net Assets
Based on the latest financial reports, indie Semiconductor Inc (INDI) has net assets worth $348.95 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 ($869.56 Million) and total liabilities ($520.61 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 INDI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $348.95 Million |
| % of Total Assets | 40.13% |
| Annual Growth Rate | 63.65% |
| 5-Year Change | 31.13% |
| 10-Year Change | N/A |
| Growth Volatility | 929.3 |
indie Semiconductor Inc - Net Assets Trend (2018–2025)
This chart illustrates how indie Semiconductor Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of indie Semiconductor Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for indie Semiconductor Inc (2018–2025)
The table below shows the annual net assets of indie Semiconductor Inc from 2018 to 2025. For live valuation and market cap data, see indie Semiconductor Inc (INDI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $382.73 Million | -14.07% |
| 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 60667100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | 0.01% |
| Other Comprehensive Income | $-3.92 Million | -1.10% |
| Other Components | $998.73 Million | 279.90% |
| Total Equity | $356.82 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 |
|---|---|
|
Genomma Lab Internacional S.A.B. de C.V
MX:LABB
|
$830.54 Million |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
$830.79 Million |
|
Nanjing Xinlian Electronics Co Ltd
SHE:002546
|
$831.14 Million |
|
Molinos Agro SA
BA:MOLA
|
$831.16 Million |
|
Guangdong Mingzhu Group Co Ltd
SHG:600382
|
$830.18 Million |
|
Shanghai Kelai Mechatronics
SHG:603960
|
$829.90 Million |
|
Sobute New Materials Co Ltd
SHG:603916
|
$829.04 Million |
|
Pearl Global Industries Limited
NSE:PGIL
|
$828.96 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 2024 to 2025, total equity changed from 417,886,000 to 356,818,000, a change of -61,068,000 (-14.6%).
- Net loss of 143,973,000 reduced equity.
- Other comprehensive income increased equity by 20,738,000.
- Other factors increased equity by 62,167,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-143.97 Million | -40.35% |
| Other Comprehensive Income | $20.74 Million | +5.81% |
| Other Changes | $62.17 Million | +17.42% |
| Total Change | $- | -14.61% |
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: 2.20x
- 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 39.59x to 2.20x 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 | $3.93 | x |
| 2019-12-31 | $2.82 | $3.93 | x |
| 2020-12-31 | $-0.88 | $3.93 | x |
| 2021-12-31 | $4.47 | $3.93 | x |
| 2022-12-31 | $2.64 | $3.93 | x |
| 2023-12-31 | $3.07 | $3.93 | x |
| 2024-12-31 | $2.39 | $3.93 | x |
| 2025-12-31 | $1.79 | $3.93 | 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): -40.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.23%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.36x
- Recent ROE (-40.35%) is below the historical average (-30.48%), 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 |
| 2025 | -40.35% | -66.23% | 0.26x | 2.36x | $-179.65 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: $8,703,311,242
- Average return on equity (ROE) among peers: -31.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| indie Semiconductor Inc (INDI) | $348.95 Million | -96.83% | 1.49x | $830.36 Million |
| Analog Devices Inc (ADI) | $363.40 Million | 7.68% | 0.25x | $202.34 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $586.87 Million | 3.06% | 0.27x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $440.58 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $77.11 Billion | 23.11% | 0.78x | $51.18 Billion |
About indie Semiconductor Inc
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. It designs, develops, manufactures, and markets integrated circuits. The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems… Read more