Liberty Broadband Srs C (LBRDK) - Net Assets
Based on the latest financial reports, Liberty Broadband Srs C (LBRDK) has net assets worth $5.70 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.83 Billion) and total liabilities ($3.13 Billion). 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 Liberty Broadband Srs C (LBRDK) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.70 Billion |
| % of Total Assets | 64.53% |
| Annual Growth Rate | 29.57% |
| 5-Year Change | -43.8% |
| 10-Year Change | -32.75% |
| Growth Volatility | 349.99 |
Liberty Broadband Srs C - Net Assets Trend (2012–2025)
This chart illustrates how Liberty Broadband Srs C's net assets have evolved over time, based on quarterly financial data. See LBRDK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Liberty Broadband Srs C (2012–2025)
The table below shows the annual net assets of Liberty Broadband Srs C from 2012 to 2025. For live valuation and market cap data, see LBRDK market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.70 Billion | -41.90% |
| 2024-12-31 | $9.81 Billion | +8.70% |
| 2023-12-31 | $9.02 Billion | +6.14% |
| 2022-12-31 | $8.50 Billion | -16.16% |
| 2021-12-31 | $10.14 Billion | -24.98% |
| 2020-12-31 | $13.52 Billion | +26.69% |
| 2019-12-31 | $10.67 Billion | +0.65% |
| 2018-12-31 | $10.60 Billion | +1.07% |
| 2017-12-31 | $10.49 Billion | +23.77% |
| 2016-12-31 | $8.47 Billion | +169.14% |
| 2015-12-31 | $3.15 Billion | +26.19% |
| 2014-12-31 | $2.49 Billion | -10.23% |
| 2013-12-31 | $2.78 Billion | +1314.64% |
| 2012-12-31 | $196.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liberty Broadband Srs C'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 420904700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.04 Billion | 70.83% |
| Common Stock | $1.00 Million | 0.02% |
| Other Comprehensive Income | $15.00 Million | 0.26% |
| Other Components | $1.65 Billion | 28.89% |
| Total Equity | $5.70 Billion | 100.00% |
Liberty Broadband Srs C Competitors by Market Cap
The table below lists competitors of Liberty Broadband Srs C ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K.P.R. Mill Limited
NSE:KPRMILL
|
$3.86 Billion |
|
TIZA Information Industry Corporation Inc
SHE:300209
|
$3.86 Billion |
|
Xiamen C&D Inc
SHG:600153
|
$3.86 Billion |
|
Grupo Cementos de Chihuahua S.A.B. de C.V
MX:GCC
|
$3.86 Billion |
|
Anhui Yingjia Distillery Co Ltd
SHG:603198
|
$3.85 Billion |
|
flatexDEGIRO AG
XETRA:FTK
|
$3.85 Billion |
|
LivaNova PLC
NASDAQ:LIVN
|
$3.85 Billion |
|
Epoxy Base Electronic Material Corp Ltd
SHG:603002
|
$3.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liberty Broadband Srs C's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,793,000,000 to 5,698,000,000, a change of -4,095,000,000 (-41.8%).
- Net loss of 2,676,000,000 reduced equity.
- Other comprehensive income decreased equity by 58,000,000.
- Other factors decreased equity by 1,361,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.68 Billion | -46.96% |
| Other Comprehensive Income | $-58.00 Million | -1.02% |
| Other Changes | $-1.36 Billion | -23.89% |
| Total Change | $- | -41.82% |
Book Value vs Market Value Analysis
This analysis compares Liberty Broadband Srs C'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: 0.77x
- 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 14.07x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $2.19 | $30.87 | x |
| 2013-12-31 | $31.04 | $30.87 | x |
| 2014-12-31 | $28.10 | $30.87 | x |
| 2015-12-31 | $30.57 | $30.87 | x |
| 2016-12-31 | $55.43 | $30.87 | x |
| 2017-12-31 | $57.26 | $30.87 | x |
| 2018-12-31 | $57.98 | $30.87 | x |
| 2019-12-31 | $58.36 | $30.87 | x |
| 2020-12-31 | $73.69 | $30.87 | x |
| 2021-12-31 | $54.38 | $30.87 | x |
| 2022-12-31 | $53.69 | $30.87 | x |
| 2023-12-31 | $61.24 | $30.87 | x |
| 2024-12-31 | $68.48 | $30.87 | x |
| 2025-12-31 | $39.85 | $30.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liberty Broadband Srs C 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): -46.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -472.79%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.55x
- Recent ROE (-46.96%) is below the historical average (2.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 22.50% | 53.19% | 0.26x | 1.61x | $24.55 Million |
| 2013 | -1.50% | -53.94% | 0.03x | 1.05x | $-319.65 Million |
| 2014 | -5.40% | -194.95% | 0.02x | 1.20x | $-384.08 Million |
| 2015 | -1.59% | -55.04% | 0.03x | 1.13x | $-365.01 Million |
| 2016 | 10.83% | 2999.09% | 0.00x | 1.13x | $69.99 Million |
| 2017 | 19.39% | 15533.66% | 0.00x | 1.14x | $984.98 Million |
| 2018 | 0.66% | 314.31% | 0.00x | 1.14x | $-989.91 Million |
| 2019 | 1.10% | 781.44% | 0.00x | 1.15x | $-949.58 Million |
| 2020 | 2.94% | 784.17% | 0.00x | 1.58x | $-952.68 Million |
| 2021 | 7.23% | 74.09% | 0.06x | 1.68x | $-280.70 Million |
| 2022 | 14.82% | 128.92% | 0.06x | 1.78x | $408.70 Million |
| 2023 | 7.64% | 70.13% | 0.06x | 1.74x | $-212.30 Million |
| 2024 | 8.87% | 85.53% | 0.06x | 1.70x | $-110.30 Million |
| 2025 | -46.96% | -472.79% | 0.06x | 1.55x | $-3.25 Billion |
Industry Comparison
This section compares Liberty Broadband Srs C's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $56,513,324,700
- Average return on equity (ROE) among peers: 2.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liberty Broadband Srs C (LBRDK) | $5.70 Billion | 22.50% | 0.55x | $3.85 Billion |
| Array Digital Infrastructure, Inc. (AD) | $4.44 Billion | 5.16% | 1.18x | $2.08 Billion |
| America Movil SAB de CV ADR (AMX) | $177.91 Billion | 43.28% | 1.55x | $71.77 Billion |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $1.21 Billion |
| ATN International Inc (ATNI) | $769.30 Million | -0.73% | 1.22x | $394.67 Million |
| Altice USA Inc (ATUS) | $3.68 Billion | 0.51% | 8.13x | $502.28 Million |
| Cable One Inc (CABO) | $1.43 Billion | -24.86% | 2.90x | $244.33 Million |
| Cogent Communications Group Inc (CCOI) | $-293.17 Million | 0.00% | 0.00x | $717.66 Million |
| Chunghwa Telecom Co Ltd (CHT) | $369.91 Billion | 10.79% | 0.19x | $33.99 Billion |
| Charter Communications Inc (CHTR) | $-7.69 Billion | 0.00% | 0.00x | $18.64 Billion |
| Comcast Corp (CMCSA) | $14.80 Billion | 13.66% | 1.41x | $80.84 Billion |
About Liberty Broadband Srs C
Liberty Broadband Corporation engages in a range of communications businesses in the United States. The company offers subscription-based internet, mobile, and video and voice services; and residential and business services, including Spectrum Internet, mobile, TV, and voice products; Spectrum Business that offers Internet, mobile, video and voice services to small businesses, as well as tailored… Read more