MSP Recovery Inc.
MSP Recovery, Inc., doing business as LifeWallet, operates as a healthcare recovery and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights. It also provides LifeWallet, a scalable and expandable data ecosystem where tokenized data … Read more
MSP Recovery Inc. (LIFW) - Net Assets
Latest net assets as of September 2024: $846.99 Million USD
Based on the latest financial reports, MSP Recovery Inc. (LIFW) has net assets worth $846.99 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.79 Billion) and total liabilities ($1.94 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $846.99 Million |
| % of Total Assets | 30.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
MSP Recovery Inc. - Net Assets Trend (2020–2023)
This chart illustrates how MSP Recovery 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 MSP Recovery Inc. (2020–2023)
The table below shows the annual net assets of MSP Recovery Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.42 Billion | -35.12% |
| 2022-12-31 | $2.19 Billion | +1544.62% |
| 2021-12-31 | $-151.41 Million | -30.70% |
| 2020-12-31 | $-115.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MSP Recovery 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 6411900900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.00% |
| Other Components | $357.93 Million | 131.40% |
| Total Equity | $272.39 Million | 100.00% |
MSP Recovery Inc. Competitors by Market Cap
The table below lists competitors of MSP Recovery Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bonia Corporation Bhd
KLSE:9288
|
$9.99 Million |
|
Nila Infrastructures Limited
NSE:NILAINFRA
|
$9.99 Million |
|
Algorae Pharmaceuticals Ltd
AU:1AI
|
$9.99 Million |
|
SOFTOX SOLUTIONS NK 002
F:6FV
|
$10.00 Million |
|
Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares
NASDAQ:AHMA
|
$9.98 Million |
|
Huddly AS
OL:HDLY
|
$9.98 Million |
|
Acroud AB
ST:ACROUD
|
$9.98 Million |
|
Abundia Global Impact Group Inc.
LSE:0A7K
|
$9.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MSP Recovery Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 109,686,000 to 272,390,000, a change of 162,704,000 (148.3%).
- Net loss of 56,348,000 reduced equity.
- Share repurchases of 11,420,000 reduced equity.
- New share issuances of 384,000 increased equity.
- Other factors increased equity by 230,088,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-56.35 Million | -20.69% |
| Share Repurchases | $11.42 Million | -4.19% |
| Share Issuances | $384.00K | +0.14% |
| Other Changes | $230.09 Million | +84.47% |
| Total Change | $- | 148.34% |
Book Value vs Market Value Analysis
This analysis compares MSP Recovery 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 | $-102.19 | $2.87 | x |
| 2021-12-31 | $-132.45 | $2.87 | x |
| 2022-12-31 | $44.35 | $2.87 | x |
| 2023-12-31 | $763.87 | $2.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MSP Recovery 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): -20.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -731.32%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 11.60x
- Recent ROE (-20.69%) is below the historical average (-6.86%), 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% | -174.61% | 0.78x | 0.00x | $-12.23 Million |
| 2021 | 0.00% | -226.26% | 0.14x | 0.00x | $-17.52 Million |
| 2022 | -6.76% | -31.67% | 0.01x | 31.16x | $-18.39 Million |
| 2023 | -20.69% | -731.32% | 0.00x | 11.60x | $-83.59 Million |
Industry Comparison
This section compares MSP Recovery Inc.'s net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MSP Recovery Inc. (LIFW) | $846.99 Million | 0.00% | 2.29x | $9.98 Million |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |