Landsea Homes Corporation (LSEAW) - Net Assets
Based on the latest financial reports, Landsea Homes Corporation (LSEAW) has net assets worth $669.32 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.68 Billion) and total liabilities ($1.01 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. Check Landsea Homes Corporation (LSEAW) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $669.32 Million |
| % of Total Assets | 39.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | 27.69% |
| 10-Year Change | N/A |
| Growth Volatility | 97.63 |
Landsea Homes Corporation - Net Assets Trend (2017–2024)
This chart illustrates how Landsea Homes Corporation's net assets have evolved over time, based on quarterly financial data. Also explore LSEAW total asset value for the complete picture of this company's asset base.
Annual Net Assets for Landsea Homes Corporation (2017–2024)
The table below shows the annual net assets of Landsea Homes Corporation from 2017 to 2024. For live valuation and market cap data, see LSEAW stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $676.11 Million | -1.78% |
| 2023-12-31 | $688.35 Million | -3.09% |
| 2022-12-31 | $710.32 Million | +14.31% |
| 2021-12-31 | $621.40 Million | +17.36% |
| 2020-12-31 | $529.49 Million | +265.07% |
| 2019-12-31 | $145.04 Million | -5.95% |
| 2018-12-31 | $154.21 Million | +158129.14% |
| 2017-12-31 | $-97.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Landsea Homes Corporation'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 20493758300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $204.81 Million | 30.70% |
| Common Stock | $4.00K | 0.00% |
| Other Components | $462.36 Million | 69.30% |
| Total Equity | $667.18 Million | 100.00% |
Landsea Homes Corporation Competitors by Market Cap
The table below lists competitors of Landsea Homes Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tali Resources Ltd
AU:TR2
|
$2.08K |
|
Bank JTrust Indonesia Tbk PT
JK:BCIC
|
$2.13K |
|
SOL GLOBAL INVESTM. CORP
F:9SB
|
$2.30K |
|
FlexShopper Inc
NASDAQ:FPAY
|
$2.46K |
|
An Pha Petroleum Group JSC
VN:ASP
|
$1.97K |
|
Quantum-Si incorporated
NASDAQ:QSIAW
|
$1.96K |
|
Coronado Global Resources Inc
AU:CRN
|
$1.93K |
|
Cuu Long Petro Urban Development and Investment Corp
VN:CCL
|
$1.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Landsea Homes Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 652,878,000 to 667,182,000, a change of 14,304,000 (2.2%).
- Net income of 17,231,000 contributed positively to equity growth.
- Share repurchases of 7,751,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.23 Million | +2.58% |
| Share Repurchases | $7.75 Million | -1.16% |
| Other Changes | $4.82 Million | +0.72% |
| Total Change | $- | 2.19% |
Book Value vs Market Value Analysis
This analysis compares Landsea Homes Corporation'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: 0.01x
- 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 |
|---|---|---|---|
| 2017-12-31 | $-0.01 | $0.21 | x |
| 2018-12-31 | $9.93 | $0.21 | x |
| 2019-12-31 | $7.47 | $0.21 | x |
| 2020-12-31 | $16.22 | $0.21 | x |
| 2021-12-31 | $13.70 | $0.21 | x |
| 2022-12-31 | $15.54 | $0.21 | x |
| 2023-12-31 | $16.71 | $0.21 | x |
| 2024-12-31 | $18.25 | $0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Landsea Homes Corporation 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): 2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.11%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.55x
- Recent ROE (2.58%) is below the historical average (4.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -0.06% | 997.40x | 0.00x | $-113.24K |
| 2018 | 0.38% | 0.16% | 2.37x | 1.04x | $-14.83 Million |
| 2019 | 11.86% | 2.73% | 3.88x | 1.12x | $2.70 Million |
| 2020 | -1.69% | -1.22% | 0.82x | 1.70x | $-61.77 Million |
| 2021 | 8.51% | 5.16% | 0.81x | 2.04x | $-9.23 Million |
| 2022 | 11.21% | 5.08% | 1.00x | 2.20x | $7.96 Million |
| 2023 | 4.48% | 2.42% | 0.82x | 2.25x | $-36.05 Million |
| 2024 | 2.58% | 1.11% | 0.91x | 2.55x | $-49.49 Million |
Industry Comparison
This section compares Landsea Homes Corporation's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $691,114,530
- Average return on equity (ROE) among peers: 5.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Landsea Homes Corporation (LSEAW) | $669.32 Million | 0.00% | 1.51x | $2.00K |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $58.73 Million |
| AMREP Corporation (AXR) | $61.40 Million | 3.91% | 1.91x | $146.95 Million |
| Century Communities Inc (CCS) | $1.28 Billion | 16.10% | 1.22x | $1.61 Billion |
| Forestar Group Inc (FOR) | $425.80 Million | 12.18% | 0.46x | $1.29 Billion |
| Five Point Holdings LLC (FPH) | $348.43 Million | -0.77% | 0.27x | $356.99 Million |
| Howard Hughes Holdings Inc. (HHH) | $2.18 Billion | -3.19% | 0.39x | $3.72 Billion |
| JFB Construction Holdings Class A Common Stock (JFB) | $6.33 Million | 1.88% | 0.42x | $37.97 Million |
| Logistic Properties of the Americas (LPA) | $234.07 Million | 3.43% | 1.13x | $77.15 Million |
| Lead Real Estate Co., Ltd American Depositary Shares (LRE) | $2.20 Billion | 25.06% | 4.64x | $17.73 Million |
| Landsea Homes Corp (LSEA) | $145.04 Million | 11.86% | 0.12x | $411.79 Million |
About Landsea Homes Corporation
Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Dallas, Texas that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Colorado, Florida, Texas and throughout California in Silicon Val… Read more