Chicago Atlantic BDC, Inc. Net Assets
Chicago Atlantic BDC, Inc. net assets. Based on the latest financial reports, Chicago Atlantic BDC, Inc. (LIEN) has net assets worth $303.41 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 ($342.00 Billion) and total liabilities ($38.59 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. Also explore LIEN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $303.41 Billion |
| % of Total Assets | 88.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | 358741.6% |
| 10-Year Change | N/A |
| Growth Volatility | 43544.4 |
Net Assets of Chicago Atlantic BDC, Inc. (2020–2025)
Net assets of Chicago Atlantic BDC, Inc. from 2020 to 2025. This chart illustrates how Chicago Atlantic BDC, Inc.'s net assets have evolved over time, based on quarterly financial data. See LIEN equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Chicago Atlantic BDC, Inc. (2020–2025)
The table below shows the annual net assets of Chicago Atlantic BDC, Inc. from 2020 to 2025. For live market cap and overall valuation, see market cap of Chicago Atlantic BDC, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $303.41 Billion | +100645.61% |
| 2024-12-31 | $301.16 Million | +252.02% |
| 2023-12-31 | $85.55 Million | -1.07% |
| 2022-12-31 | $86.48 Million | +2.28% |
| 2021-12-31 | $84.55 Million | +53039.35% |
| 2020-12-31 | $-159.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chicago Atlantic BDC, 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 grown by 18536500.0% over the analyzed period, indicating profitable operations and earnings retention.
Chicago Atlantic BDC, Inc. Net Assets Breakdown (December 2025)
Chicago Atlantic BDC, Inc. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $25.65K | 0.00% |
| Common Stock | $228.21 Million | 0.08% |
| Other Components | $303.18 Billion | 99.92% |
| Total Equity | $303.41 Billion | 100.00% |
Chicago Atlantic BDC, Inc. Competitors by Market Cap
The table below lists competitors of Chicago Atlantic BDC, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KIP Real Estate Investment Trust
KLSE:5280
|
$206.99 Million |
|
Lanzhou Huanghe Enterprise Co Ltd
SHE:000929
|
$207.14 Million |
|
BVZ Holding AG
SW:BVZN
|
$207.14 Million |
|
Nordic Aqua Partners As
OL:NOAP
|
$207.16 Million |
|
Fujian Fynex Textile Science & Technology Co Ltd
SHG:600493
|
$206.97 Million |
|
Favite Inc
TW:3535
|
$206.97 Million |
|
Chlitina Holding Ltd
TW:4137
|
$206.88 Million |
|
Vendome Acquisition Corporation I Class A Ordinary Shares
NASDAQ:VNME
|
$206.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chicago Atlantic BDC, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 301,162,578 to 303,408,074,000, a change of 303,106,911,422 (100645.6%).
- Net income of 33,279,179 contributed positively to equity growth.
- Dividend payments of 23,274,682 reduced retained earnings.
- Other factors increased equity by 303,096,906,925.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $33.28 Million | +0.01% |
| Dividends Paid | $23.27 Million | -0.01% |
| Other Changes | $303.10 Billion | +99.9% |
| Total Change | $- | 100645.61% |
Book Value vs Market Value Analysis
This analysis compares Chicago Atlantic BDC, 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.18 | $9.11 | x |
| 2021-12-31 | $96.37 | $9.11 | x |
| 2022-12-31 | $15.58 | $9.11 | x |
| 2023-12-31 | $13.77 | $9.11 | x |
| 2024-12-31 | $29.12 | $9.11 | x |
| 2025-12-31 | $13295.71 | $9.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chicago Atlantic BDC, 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): 0.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 61.29%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (0.01%) is below the historical average (2.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-942.32K |
| 2021 | -0.67% | -5592.82% | 0.00x | 1.01x | $-9.02 Million |
| 2022 | 1.98% | 42.21% | 0.05x | 1.01x | $-6.94 Million |
| 2023 | 8.58% | 73.17% | 0.11x | 1.04x | $-1.22 Million |
| 2024 | 3.20% | 53.54% | 0.06x | 1.03x | $-20.49 Million |
| 2025 | 0.01% | 61.29% | 0.00x | 1.13x | $-30.31 Billion |
Industry Comparison
This section compares Chicago Atlantic BDC, Inc.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $756,221,812
- Average return on equity (ROE) among peers: -1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chicago Atlantic BDC, Inc. (LIEN) | $303.41 Billion | 0.00% | 0.13x | $206.98 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $3.11 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.62 Billion | 23.79% | 0.00x | $3.19 Billion |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $134.47 Million | -29.02% | 0.04x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $91.65 Million | 11.30% | 0.03x | $67.40 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $165.43 Million | -10.20% | 0.18x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $262.31 Million |
| Amber International Holding Limited (AMBR) | $110.31 Million | 3.40% | 1.32x | $165.35 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.42 Billion | 0.36% | 0.73x | $9.78 Billion |
About Chicago Atlantic BDC, Inc.
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity fi… Read more