Opus Genetics, Inc.
Opus Genetics, Inc., a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of inherited retinal diseases (IRDs). It develops OPGx-LCA5, an early-onset retinal degeneration that is in Phase 1/2 clinical trial for the treatment of LCA5-associated IRD; and OPGx-BEST1 to treat BEST1-associated retinal disease. The company also dev… Read more
Opus Genetics, Inc. (IRD) - Net Assets
Latest net assets as of September 2025: $5.97 Million USD
Based on the latest financial reports, Opus Genetics, Inc. (IRD) has net assets worth $5.97 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 ($36.12 Million) and total liabilities ($30.16 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 | $5.97 Million |
| % of Total Assets | 16.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.46 |
Opus Genetics, Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Opus Genetics, 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 Opus Genetics, Inc. (2019–2024)
The table below shows the annual net assets of Opus Genetics, Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.72 Million | -86.53% |
| 2023-12-31 | $49.91 Million | +7.93% |
| 2022-12-31 | $46.24 Million | +108.08% |
| 2021-12-31 | $22.22 Million | +265.01% |
| 2020-12-31 | $-13.47 Million | -78.13% |
| 2019-12-31 | $-7.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opus Genetics, 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 13094300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.04% |
| Other Components | $145.72 Million | 2167.15% |
| Total Equity | $6.72 Million | 100.00% |
Opus Genetics, Inc. Competitors by Market Cap
The table below lists competitors of Opus Genetics, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indo Thai Securities Limited
NSE:INDOTHAI
|
$156.76 Million |
|
Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670
|
$156.79 Million |
|
Eledon Pharmaceuticals Inc
NASDAQ:ELDN
|
$156.79 Million |
|
POLARIS RENEWABLE ENERGY
F:N4T
|
$156.89 Million |
|
NICE Holdings Co. Ltd
KO:034310
|
$156.66 Million |
|
Repco Home Finance Limited
NSE:REPCOHOME
|
$156.65 Million |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
$156.62 Million |
|
Haibo Heavy Engineering Science and Technology Co Ltd
SHE:300517
|
$156.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opus Genetics, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,906,000 to 6,724,000, a change of -43,182,000 (-86.5%).
- Net loss of 57,532,000 reduced equity.
- Share repurchases of 79,000 reduced equity.
- New share issuances of 4,497,000 increased equity.
- Other factors increased equity by 9,932,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-57.53 Million | -855.62% |
| Share Repurchases | $79.00K | -1.17% |
| Share Issuances | $4.50 Million | +66.88% |
| Other Changes | $9.93 Million | +147.71% |
| Total Change | $- | -86.53% |
Book Value vs Market Value Analysis
This analysis compares Opus Genetics, 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: 19.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-1.07 | $4.80 | x |
| 2020-12-31 | $-2.89 | $4.80 | x |
| 2021-12-31 | $1.50 | $4.80 | x |
| 2022-12-31 | $2.24 | $4.80 | x |
| 2023-12-31 | $2.31 | $4.80 | x |
| 2024-12-31 | $0.25 | $4.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opus Genetics, 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): -855.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -523.40%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.48x
- Recent ROE (-855.62%) is below the historical average (-182.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.41 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.27 Million |
| 2021 | -255.12% | -9625.30% | 0.02x | 1.17x | $-58.92 Million |
| 2022 | 38.69% | 44.89% | 0.81x | 1.06x | $13.26 Million |
| 2023 | -20.01% | -52.42% | 0.35x | 1.08x | $-14.98 Million |
| 2024 | -855.62% | -523.40% | 0.30x | 5.48x | $-58.20 Million |
Industry Comparison
This section compares Opus Genetics, Inc.'s net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $59,082,939
- Average return on equity (ROE) among peers: -341.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opus Genetics, Inc. (IRD) | $5.97 Million | 0.00% | 5.05x | $156.71 Million |
| Aadi Bioscience Inc (AADI) | $-124.24K | 0.00% | 0.00x | $17.03 Million |
| America Great Health (AAGH) | $-992.37K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $70.63 Million | -1310.51% | 34.40x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $59.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $196.01 Million | -75.37% | 0.67x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $10.25 Million | -21.57% | 1.29x | $738.02 Million |
| Abeona Therapeutics Inc (ABEO) | $489.00K | -1919.02% | 38.85x | $202.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $188.78 Million | -22.70% | 0.04x | $108.65 Million |
| Abpro Holdings, Inc. (ABP) | $-22.46 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $176.18 Million | -62.76% | 0.23x | $345.85 Million |