Liquidity Services Inc
Liquidity Services, Inc. engages in the provision of e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its solutions enable government entities and commercial businesses to sell surplus prop… Read more
Liquidity Services Inc (LQDT) - Net Assets
Latest net assets as of December 2025: $215.26 Million USD
Based on the latest financial reports, Liquidity Services Inc (LQDT) has net assets worth $215.26 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($369.14 Million) and total liabilities ($153.88 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 | $215.26 Million |
| % of Total Assets | 58.31% |
| Annual Growth Rate | 27.57% |
| 5-Year Change | 50.53% |
| 10-Year Change | 24.99% |
| Growth Volatility | 155.81 |
Liquidity Services Inc - Net Assets Trend (2002–2025)
This chart illustrates how Liquidity Services 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 Liquidity Services Inc (2002–2025)
The table below shows the annual net assets of Liquidity Services Inc from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $203.24 Million | +11.33% |
| 2024-09-30 | $182.56 Million | +13.02% |
| 2023-09-30 | $161.53 Million | +4.53% |
| 2022-09-30 | $154.54 Million | +14.46% |
| 2021-09-30 | $135.01 Million | +20.75% |
| 2020-09-30 | $111.81 Million | -3.75% |
| 2019-09-30 | $116.17 Million | -10.40% |
| 2018-09-30 | $129.65 Million | -2.25% |
| 2017-09-30 | $132.64 Million | -18.43% |
| 2016-09-30 | $162.61 Million | -24.72% |
| 2015-09-30 | $216.00 Million | -31.86% |
| 2014-09-30 | $316.98 Million | +0.67% |
| 2013-09-30 | $314.88 Million | +25.95% |
| 2012-09-30 | $250.00 Million | +54.88% |
| 2011-09-30 | $161.41 Million | +43.64% |
| 2010-09-30 | $112.37 Million | +8.07% |
| 2009-09-30 | $103.98 Million | +7.90% |
| 2008-09-30 | $96.37 Million | +17.48% |
| 2007-09-30 | $82.03 Million | +24.76% |
| 2006-09-30 | $65.75 Million | +14.52% |
| 2005-09-30 | $57.41 Million | +678.19% |
| 2004-09-30 | $7.38 Million | +97.75% |
| 2003-09-30 | $3.73 Million | +396.80% |
| 2002-09-30 | $751.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liquidity Services 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 3812600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $38.13 Million | 18.76% |
| Common Stock | $37.00K | 0.02% |
| Other Comprehensive Income | $-10.64 Million | -5.24% |
| Other Components | $175.72 Million | 86.46% |
| Total Equity | $203.24 Million | 100.00% |
Liquidity Services Inc Competitors by Market Cap
The table below lists competitors of Liquidity Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
$610.74 Million |
|
Yijiahe Technology Co Ltd
SHG:603666
|
$610.85 Million |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
$610.94 Million |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
$610.98 Million |
|
Eckert & Ziegler Strahlen- und Medizintechnik AG
F:EUZ
|
$610.05 Million |
|
Adrian Resources Ltd
PINK:ADLRF
|
$609.82 Million |
|
Southern Publishing&Media Co
SHG:601900
|
$609.77 Million |
|
ARIAKE JAPAN CO.LTD
F:5EF
|
$609.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liquidity Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 182,560,000 to 203,242,000, a change of 20,682,000 (11.3%).
- Net income of 28,093,000 contributed positively to equity growth.
- Share repurchases of 16,180,000 reduced equity.
- Other comprehensive income decreased equity by 1,213,000.
- Other factors increased equity by 9,982,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $28.09 Million | +13.82% |
| Share Repurchases | $16.18 Million | -7.96% |
| Other Comprehensive Income | $-1.21 Million | -0.6% |
| Other Changes | $9.98 Million | +4.91% |
| Total Change | $- | 11.33% |
Book Value vs Market Value Analysis
This analysis compares Liquidity Services 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: 4.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 682.35x to 4.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-09-30 | $0.04 | $28.30 | x |
| 2003-09-30 | $0.23 | $28.30 | x |
| 2004-09-30 | $0.41 | $28.30 | x |
| 2005-09-30 | $2.54 | $28.30 | x |
| 2006-09-30 | $2.52 | $28.30 | x |
| 2007-09-30 | $2.91 | $28.30 | x |
| 2008-09-30 | $3.42 | $28.30 | x |
| 2009-09-30 | $3.73 | $28.30 | x |
| 2010-09-30 | $4.10 | $28.30 | x |
| 2011-09-30 | $5.55 | $28.30 | x |
| 2012-09-30 | $7.63 | $28.30 | x |
| 2013-09-30 | $9.64 | $28.30 | x |
| 2014-09-30 | $10.10 | $28.30 | x |
| 2015-09-30 | $7.20 | $28.30 | x |
| 2016-09-30 | $5.31 | $28.30 | x |
| 2017-09-30 | $4.22 | $28.30 | x |
| 2018-09-30 | $4.04 | $28.30 | x |
| 2019-09-30 | $3.51 | $28.30 | x |
| 2020-09-30 | $3.33 | $28.30 | x |
| 2021-09-30 | $3.85 | $28.30 | x |
| 2022-09-30 | $4.58 | $28.30 | x |
| 2023-09-30 | $5.04 | $28.30 | x |
| 2024-09-30 | $5.77 | $28.30 | x |
| 2025-09-30 | $6.27 | $28.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liquidity Services 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): 13.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.89%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 1.85x
- Recent ROE (13.82%) is below the historical average (16.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 176.30% | 2.98% | 4.00x | 14.80x | $1.25 Million |
| 2003 | 74.40% | 4.57% | 4.43x | 3.68x | $2.40 Million |
| 2004 | 71.42% | 6.94% | 4.28x | 2.40x | $4.53 Million |
| 2005 | 7.18% | 4.61% | 1.32x | 1.18x | $-1.62 Million |
| 2006 | 12.14% | 5.40% | 1.68x | 1.34x | $1.41 Million |
| 2007 | 13.43% | 5.55% | 1.79x | 1.35x | $2.82 Million |
| 2008 | 11.99% | 4.38% | 1.92x | 1.42x | $1.92 Million |
| 2009 | 5.50% | 2.42% | 1.70x | 1.33x | $-4.68 Million |
| 2010 | 10.69% | 4.40% | 1.66x | 1.47x | $775.60K |
| 2011 | 5.27% | 2.60% | 1.44x | 1.41x | $-7.63 Million |
| 2012 | 19.32% | 10.16% | 1.19x | 1.60x | $23.30 Million |
| 2013 | 13.05% | 8.13% | 1.20x | 1.34x | $9.62 Million |
| 2014 | 9.59% | 6.13% | 1.15x | 1.36x | $-1.31 Million |
| 2015 | -48.53% | -26.39% | 1.38x | 1.34x | $-126.42 Million |
| 2016 | -36.85% | -18.94% | 1.22x | 1.60x | $-76.19 Million |
| 2017 | -29.54% | -14.51% | 1.25x | 1.62x | $-52.45 Million |
| 2018 | -8.96% | -5.17% | 1.11x | 1.56x | $-24.58 Million |
| 2019 | -16.58% | -8.50% | 1.21x | 1.61x | $-30.88 Million |
| 2020 | -3.38% | -1.83% | 1.05x | 1.76x | $-14.96 Million |
| 2021 | 37.74% | 19.78% | 1.01x | 1.89x | $37.45 Million |
| 2022 | 26.09% | 14.40% | 0.91x | 1.99x | $24.87 Million |
| 2023 | 12.99% | 6.67% | 1.03x | 1.89x | $4.82 Million |
| 2024 | 10.95% | 5.50% | 1.05x | 1.90x | $1.74 Million |
| 2025 | 13.82% | 5.89% | 1.27x | 1.85x | $7.77 Million |
Industry Comparison
This section compares Liquidity Services Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liquidity Services Inc (LQDT) | $215.26 Million | 176.30% | 0.71x | $610.07 Million |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |