Heritage Distilling Holding Company, Inc. (IPST) - Net Assets
Based on the latest financial reports, Heritage Distilling Holding Company, Inc. (IPST) has net assets worth $98.22 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 ($108.76 Million) and total liabilities ($10.54 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. Read Heritage Distilling Holding Company, Inc debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $98.22 Million |
| % of Total Assets | 90.31% |
| Annual Growth Rate | 108.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6265.97 |
Heritage Distilling Holding Company, Inc. - Net Assets Trend (2021–2025)
This chart illustrates how Heritage Distilling Holding Company, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore IPST asset base for the complete picture of this company's asset base.
Annual Net Assets for Heritage Distilling Holding Company, Inc. (2021–2025)
The table below shows the annual net assets of Heritage Distilling Holding Company, Inc. from 2021 to 2025. For live valuation and market cap data, see IPST company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $98.22 Million | +12304.68% |
| 2024-12-31 | $791.77K | +101.82% |
| 2023-12-31 | $-43.42 Million | -554.81% |
| 2022-12-31 | $-6.63 Million | -227.27% |
| 2021-12-31 | $5.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heritage Distilling Holding Company, 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 18607149200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $962.00 | 0.00% |
| Other Components | $310.06 Million | 315.70% |
| Total Equity | $98.22 Million | 100.00% |
Heritage Distilling Holding Company, Inc. Competitors by Market Cap
The table below lists competitors of Heritage Distilling Holding Company, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ranchero Gold Corp
V:RNCH
|
$2.81 Million |
|
Decent Holding Inc Ordinary Shares
NASDAQ:DXST
|
$2.81 Million |
|
Goenka Diamond and Jewels Limited
NSE:GOENKA
|
$2.81 Million |
|
Clean & Carbon Energy S.A.
WAR:CCE
|
$2.81 Million |
|
Seeing Machines Limited
LSE:SEE
|
$2.80 Million |
|
Visionstate Corp
V:VIS
|
$2.80 Million |
|
MODERN LAND (CHINA) DL-01
F:7PJ
|
$2.79 Million |
|
Kumho Industrial Co Ltd
KO:002995
|
$2.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heritage Distilling Holding Company, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 791,767 to 98,216,130, a change of 97,424,363 (12304.7%).
- Net loss of 137,715,315 reduced equity.
- Share repurchases of 2,000 reduced equity.
- New share issuances of 4,817,234 increased equity.
- Other factors increased equity by 230,324,444.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-137.72 Million | -140.22% |
| Share Repurchases | $2.00K | -0.0% |
| Share Issuances | $4.82 Million | +4.9% |
| Other Changes | $230.32 Million | +234.51% |
| Total Change | $- | 12304.68% |
Book Value vs Market Value Analysis
This analysis compares Heritage Distilling Holding Company, 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: 0.52x
- 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 increased from 0.26x to 0.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $22.45 | $5.92 | x |
| 2022-12-31 | $-28.58 | $5.92 | x |
| 2023-12-31 | $-187.13 | $5.92 | x |
| 2024-12-31 | $3.00 | $5.92 | x |
| 2025-12-31 | $11.39 | $5.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heritage Distilling Holding Company, 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): -140.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1360.91%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.11x
- Recent ROE (-140.22%) is below the historical average (-37.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -138.56% | -87.11% | 0.33x | 4.78x | $-7.74 Million |
| 2022 | 0.00% | -147.64% | 0.30x | 0.00x | $-11.61 Million |
| 2023 | 0.00% | -461.64% | 0.30x | 0.00x | $-32.46 Million |
| 2024 | 89.73% | 8.46% | 0.30x | 35.36x | $631.28K |
| 2025 | -140.22% | -1360.91% | 0.09x | 1.11x | $-147.54 Million |
Industry Comparison
This section compares Heritage Distilling Holding Company, Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $135,627,380
- Average return on equity (ROE) among peers: 4.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heritage Distilling Holding Company, Inc. (IPST) | $98.22 Million | -138.56% | 0.11x | $2.81 Million |
| American Bitcoin Corp (ABTC) | $58.08 Million | -0.05% | 0.01x | $367.18 Million |
| Abits Group Inc. (ABTS) | $345.60K | 86.94% | 4.04x | $2.55 Million |
| Sphere 3D Corp (ANY) | $23.32 Million | -92.13% | 0.08x | $6.97 Million |
| Argo Blockchain PLC ADR (ARBK) | $12.90 Million | 39.41% | 0.76x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-777.81K | 0.00% | 0.00x | $30.77 Million |
| Prestige Wealth Inc. (AURE) | $4.01 Million | 47.65% | 0.11x | $53.01 Million |
| Solowin Holdings (AXG) | $8.92 Million | -6.52% | 0.73x | $568.87 Million |
| BGC Group Inc. (BGC) | $1.23 Billion | 12.98% | 2.23x | $4.16 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.12 Million | 0.00% | 0.00x | $29.13 Million |
| Bitfarms Ltd (BITF) | $20.65 Million | -45.34% | 0.27x | $1.21 Billion |
About Heritage Distilling Holding Company, Inc.
IP Strategy Holdings, Inc. holds IP tokens as a primary reserve asset. It offers public market investors exposure to the $80 trillion programmable intellectual property economy. The company's treasury reserve of IP tokens provides direct participation in the Story blockchain ecosystem, which enables on-chain registration, licensing, and monetization of intellectual property. The company was forme… Read more