Manhattan Bridge Capital Inc
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company offers short-term, secured, and non-banking loans to real estate investors to fund acquisition, renovation, rehabilitation, or development of residential or commercial properties. Its loans are secured by collateral consisting of re… Read more
Manhattan Bridge Capital Inc (LOAN) - Net Assets
Latest net assets as of September 2025: $43.32 Million USD
Based on the latest financial reports, Manhattan Bridge Capital Inc (LOAN) has net assets worth $43.32 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 ($59.99 Million) and total liabilities ($16.67 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 | $43.32 Million |
| % of Total Assets | 72.21% |
| Annual Growth Rate | 18.71% |
| 5-Year Change | 35.35% |
| 10-Year Change | 143.84% |
| Growth Volatility | 306.62 |
Manhattan Bridge Capital Inc - Net Assets Trend (1998–2024)
This chart illustrates how Manhattan Bridge Capital 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 Manhattan Bridge Capital Inc (1998–2024)
The table below shows the annual net assets of Manhattan Bridge Capital Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $43.27 Million | +0.77% |
| 2023-12-31 | $42.93 Million | +0.16% |
| 2022-12-31 | $42.86 Million | -1.20% |
| 2021-12-31 | $43.39 Million | +35.73% |
| 2020-12-31 | $31.96 Million | +0.07% |
| 2019-12-31 | $31.94 Million | -0.43% |
| 2018-12-31 | $32.08 Million | +44.21% |
| 2017-12-31 | $22.25 Million | -0.30% |
| 2016-12-31 | $22.31 Million | +25.76% |
| 2015-12-31 | $17.74 Million | +27.96% |
| 2014-12-31 | $13.87 Million | +55.93% |
| 2013-12-31 | $8.89 Million | +4.88% |
| 2012-12-31 | $8.48 Million | +4.83% |
| 2011-12-31 | $8.09 Million | +4.19% |
| 2010-12-31 | $7.76 Million | +4.13% |
| 2009-12-31 | $7.46 Million | +6.65% |
| 2008-12-31 | $6.99 Million | +1.48% |
| 2007-12-31 | $6.89 Million | -3.57% |
| 2006-12-31 | $7.14 Million | +10.45% |
| 2005-12-31 | $6.47 Million | -24.59% |
| 2004-12-31 | $8.58 Million | +6.88% |
| 2003-12-31 | $8.02 Million | +14.59% |
| 2002-12-31 | $7.00 Million | -13.00% |
| 2001-12-31 | $8.05 Million | -1.16% |
| 2000-12-31 | $8.14 Million | -4.20% |
| 1999-12-31 | $8.50 Million | +1600.00% |
| 1998-12-31 | $500.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manhattan Bridge Capital 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 347.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.76K | 0.03% |
| Other Components | $44.49 Million | 102.83% |
| Total Equity | $43.27 Million | 100.00% |
Manhattan Bridge Capital Inc Competitors by Market Cap
The table below lists competitors of Manhattan Bridge Capital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kino Polska TV SA
WAR:KPL
|
$37.28 Million |
|
Nan Liu Enterprise Co Ltd
TW:6504
|
$37.29 Million |
|
Orient Precision Industries Inc
KQ:065500
|
$37.30 Million |
|
RF Acquisition Corp II Ordinary Shares
NASDAQ:RFAI
|
$37.31 Million |
|
Quaser Machine Tools
TWO:4563
|
$37.26 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$37.22 Million |
|
Hang Xanh Motors Service JSC
VN:HAX
|
$37.22 Million |
|
Redwood Capital Bancorp
OTCQX:RWCB
|
$37.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manhattan Bridge Capital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,932,706 to 43,265,127, a change of 332,421 (0.8%).
- Net income of 5,590,936 contributed positively to equity growth.
- Dividend payments of 5,233,408 reduced retained earnings.
- Share repurchases of 9,800 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.59 Million | +12.92% |
| Dividends Paid | $5.23 Million | -12.1% |
| Share Repurchases | $9.80K | -0.02% |
| Other Changes | $-15.31K | -0.04% |
| Total Change | $- | 0.77% |
Book Value vs Market Value Analysis
This analysis compares Manhattan Bridge Capital 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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.92x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.36 | $4.32 | x |
| 1999-12-31 | $4.04 | $4.32 | x |
| 2000-12-31 | $2.79 | $4.32 | x |
| 2001-12-31 | $2.77 | $4.32 | x |
| 2002-12-31 | $2.40 | $4.32 | x |
| 2003-12-31 | $2.66 | $4.32 | x |
| 2004-12-31 | $2.64 | $4.32 | x |
| 2005-12-31 | $2.02 | $4.32 | x |
| 2006-12-31 | $2.23 | $4.32 | x |
| 2007-12-31 | $2.13 | $4.32 | x |
| 2008-12-31 | $2.15 | $4.32 | x |
| 2009-12-31 | $2.24 | $4.32 | x |
| 2010-12-31 | $2.30 | $4.32 | x |
| 2011-12-31 | $2.22 | $4.32 | x |
| 2012-12-31 | $1.96 | $4.32 | x |
| 2013-12-31 | $2.07 | $4.32 | x |
| 2014-12-31 | $2.74 | $4.32 | x |
| 2015-12-31 | $2.61 | $4.32 | x |
| 2016-12-31 | $2.93 | $4.32 | x |
| 2017-12-31 | $2.74 | $4.32 | x |
| 2018-12-31 | $3.65 | $4.32 | x |
| 2019-12-31 | $3.31 | $4.32 | x |
| 2020-12-31 | $3.32 | $4.32 | x |
| 2021-12-31 | $4.12 | $4.32 | x |
| 2022-12-31 | $3.73 | $4.32 | x |
| 2023-12-31 | $3.74 | $4.32 | x |
| 2024-12-31 | $3.78 | $4.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manhattan Bridge Capital 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): 12.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 57.71%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.57x
- Recent ROE (12.92%) is above the historical average (8.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 80.00% | 14.29% | 0.93x | 6.00x | $350.00K |
| 1999 | 4.71% | 8.89% | 0.37x | 1.44x | $-450.00K |
| 2000 | -5.22% | -6.82% | 0.49x | 1.55x | $-1.24 Million |
| 2001 | -1.45% | -2.10% | 0.44x | 1.56x | $-921.96K |
| 2002 | -15.61% | -16.74% | 0.48x | 1.95x | $-1.79 Million |
| 2003 | 19.93% | 17.60% | 0.63x | 1.80x | $796.55K |
| 2004 | 12.07% | 17.40% | 0.43x | 1.60x | $177.39K |
| 2005 | -7.90% | -11.49% | 0.44x | 1.57x | $-1.16 Million |
| 2006 | -2.46% | -74.99% | 0.03x | 1.17x | $-881.76K |
| 2007 | -0.46% | -14.34% | 0.03x | 1.03x | $-720.51K |
| 2008 | -7.44% | -68.61% | 0.11x | 1.03x | $-1.22 Million |
| 2009 | 3.16% | 22.69% | 0.13x | 1.05x | $-509.79K |
| 2010 | 4.12% | 26.41% | 0.14x | 1.14x | $-456.85K |
| 2011 | 3.17% | 18.32% | 0.14x | 1.25x | $-552.28K |
| 2012 | 4.58% | 24.97% | 0.11x | 1.69x | $-459.29K |
| 2013 | 6.56% | 31.64% | 0.11x | 1.81x | $-306.30K |
| 2014 | 10.49% | 61.65% | 0.10x | 1.76x | $67.86K |
| 2015 | 12.61% | 67.66% | 0.10x | 1.78x | $463.28K |
| 2016 | 12.71% | 73.50% | 0.11x | 1.58x | $605.57K |
| 2017 | 15.46% | 73.34% | 0.10x | 2.06x | $1.21 Million |
| 2018 | 13.11% | 76.07% | 0.10x | 1.74x | $996.29K |
| 2019 | 14.07% | 78.67% | 0.10x | 1.70x | $1.30 Million |
| 2020 | 13.23% | 74.67% | 0.09x | 1.87x | $1.03 Million |
| 2021 | 10.20% | 76.62% | 0.09x | 1.55x | $84.70K |
| 2022 | 12.16% | 77.08% | 0.09x | 1.78x | $925.38K |
| 2023 | 12.76% | 75.00% | 0.10x | 1.78x | $1.18 Million |
| 2024 | 12.92% | 57.71% | 0.14x | 1.57x | $1.26 Million |
Industry Comparison
This section compares Manhattan Bridge Capital Inc's net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,096,262,362
- Average return on equity (ROE) among peers: 8.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manhattan Bridge Capital Inc (LOAN) | $43.32 Million | 80.00% | 0.38x | $37.26 Million |
| Arbor Realty Trust (ABR) | $361.58 Million | 13.94% | 5.10x | $1.46 Billion |
| Acres Commercial Realty Corp (ACR) | $228.83 Million | 2.77% | 6.85x | $126.82 Million |
| Ares Commercial Real Estate (ACRE) | $456.49 Million | 7.51% | 2.02x | $265.18 Million |
| AFC Gamma Inc (AFCG) | $91.65 Million | 11.30% | 0.03x | $40.49 Million |
| AGNC Investment Corp (AGNCL) | $546.82 Million | 21.69% | 7.46x | $27.70 Billion |
| AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ) | $6.21 Billion | 12.40% | 8.33x | $245.43K |
| Great Ajax Corp (AJX) | $282.72 Million | 9.85% | 2.39x | $347.80K |
| Angel Oak Mortgage Inc (AOMR) | $44.05 Million | -14.07% | 8.78x | $127.29 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $2.63 Billion | 8.75% | 1.62x | $1.36 Billion |
| ARMOUR Residential REIT Inc (ARR) | $108.71 Million | 6.01% | 10.12x | $2.04 Billion |