Lindblad Expeditions Holdings Inc
Lindblad Expeditions Holdings, Inc. provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segments. The Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition … Read more
Lindblad Expeditions Holdings Inc (LIND) - Net Assets
Latest net assets as of September 2025: $-128.80 Million USD
Based on the latest financial reports, Lindblad Expeditions Holdings Inc (LIND) has net assets worth $-128.80 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 ($976.53 Million) and total liabilities ($1.11 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 | $-128.80 Million |
| % of Total Assets | -13.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | -215.25% |
| 10-Year Change | -227.75% |
| Growth Volatility | 324196.42 |
Lindblad Expeditions Holdings Inc - Net Assets Trend (2011–2024)
This chart illustrates how Lindblad Expeditions Holdings 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 Lindblad Expeditions Holdings Inc (2011–2024)
The table below shows the annual net assets of Lindblad Expeditions Holdings Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-145.53 Million | -27.92% |
| 2023-12-31 | $-113.77 Million | -32.83% |
| 2022-12-31 | $-85.65 Million | -637.17% |
| 2021-12-31 | $15.94 Million | -87.37% |
| 2020-12-31 | $126.28 Million | -9.39% |
| 2019-12-31 | $139.36 Million | +13.72% |
| 2018-12-31 | $122.55 Million | +8.81% |
| 2017-12-31 | $112.62 Million | -5.34% |
| 2016-12-31 | $118.98 Million | +4.44% |
| 2015-12-31 | $113.92 Million | -42.82% |
| 2014-12-31 | $199.22 Million | -0.51% |
| 2013-12-31 | $200.23 Million | +1127641.14% |
| 2012-12-31 | $17.75K | -21.17% |
| 2011-12-31 | $22.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lindblad Expeditions Holdings 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 36287852300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | % |
| Other Comprehensive Income | $288.00K | % |
| Other Components | $187.63 Million | % |
| Total Equity | $-174.96 Million | 100.00% |
Lindblad Expeditions Holdings Inc Competitors by Market Cap
The table below lists competitors of Lindblad Expeditions Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telekom Austria AG
VI:TKA
|
$698.09 Million |
|
Shanghai GuAo Electronic Technology Co Ltd
SHE:300551
|
$698.14 Million |
|
Amplitude Inc
NASDAQ:AMPL
|
$698.31 Million |
|
Koppers Holdings Inc
NYSE:KOP
|
$698.31 Million |
|
Korea Kolmar
KO:161890
|
$697.95 Million |
|
Service Stream Ltd
AU:SSM
|
$697.79 Million |
|
Itcen Co. Ltd
KQ:124500
|
$697.59 Million |
|
Hangzhou XZB Tech Co Ltd
SHG:603040
|
$697.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lindblad Expeditions Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -151,550,000 to -174,959,000, a change of -23,409,000.
- Net loss of 31,179,000 reduced equity.
- Dividend payments of 4,641,000 reduced retained earnings.
- Share repurchases of 2,974,000 reduced equity.
- Other comprehensive income increased equity by 292,999.
- Other factors increased equity by 15,092,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.18 Million | -17.82% |
| Dividends Paid | $4.64 Million | -2.65% |
| Share Repurchases | $2.97 Million | -1.7% |
| Other Comprehensive Income | $293.00K | +0.17% |
| Other Changes | $15.09 Million | +8.63% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Lindblad Expeditions Holdings 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $17.78 | x |
| 2012-12-31 | $0.00 | $17.78 | x |
| 2013-12-31 | $34.38 | $17.78 | x |
| 2014-12-31 | $32.12 | $17.78 | x |
| 2015-12-31 | $2.50 | $17.78 | x |
| 2016-12-31 | $2.45 | $17.78 | x |
| 2017-12-31 | $2.39 | $17.78 | x |
| 2018-12-31 | $2.50 | $17.78 | x |
| 2019-12-31 | $2.49 | $17.78 | x |
| 2020-12-31 | $2.39 | $17.78 | x |
| 2021-12-31 | $0.11 | $17.78 | x |
| 2022-12-31 | $-2.18 | $17.78 | x |
| 2023-12-31 | $-2.85 | $17.78 | x |
| 2024-12-31 | $-3.25 | $17.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lindblad Expeditions Holdings 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.84%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-166.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -11.00% | 0.00% | 0.00x | 7.66x | $-4.73K |
| 2012 | -26.85% | 0.00% | 917.78x | 9.45x | $-6.54K |
| 2013 | -0.36% | -0.38% | 0.96x | 1.00x | $-20.74 Million |
| 2014 | -0.51% | -0.51% | 0.99x | 1.00x | $-20.93 Million |
| 2015 | 17.33% | 9.40% | 0.55x | 3.35x | $8.35 Million |
| 2016 | 4.27% | 2.01% | 0.59x | 3.58x | $-6.52 Million |
| 2017 | -8.15% | -3.25% | 0.63x | 3.99x | $-19.29 Million |
| 2018 | 9.78% | 3.67% | 0.65x | 4.08x | $-252.40K |
| 2019 | 13.27% | 4.77% | 0.63x | 4.45x | $4.03 Million |
| 2020 | -83.12% | -119.89% | 0.11x | 6.38x | $-110.62 Million |
| 2021 | -2241.56% | -81.03% | 0.18x | 155.60x | $-119.74 Million |
| 2022 | 0.00% | -26.42% | 0.53x | 0.00x | $-100.03 Million |
| 2023 | 0.00% | -8.01% | 0.69x | 0.00x | $-30.45 Million |
| 2024 | 0.00% | -4.84% | 0.74x | 0.00x | $-13.68 Million |
Industry Comparison
This section compares Lindblad Expeditions Holdings Inc's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lindblad Expeditions Holdings Inc (LIND) | $-128.80 Million | -11.00% | N/A | $698.05 Million |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |