Everspin Technologies Inc
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications… Read more
Everspin Technologies Inc (MRAM) - Net Assets
Latest net assets as of September 2025: $65.82 Million USD
Based on the latest financial reports, Everspin Technologies Inc (MRAM) has net assets worth $65.82 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 ($80.27 Million) and total liabilities ($14.45 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 | $65.82 Million |
| % of Total Assets | 82.0% |
| Annual Growth Rate | 19.87% |
| 5-Year Change | 259.48% |
| 10-Year Change | N/A |
| Growth Volatility | 76.09 |
Everspin Technologies Inc - Net Assets Trend (2014–2024)
This chart illustrates how Everspin Technologies 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 Everspin Technologies Inc (2014–2024)
The table below shows the annual net assets of Everspin Technologies Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $62.59 Million | +16.08% |
| 2023-12-31 | $53.92 Million | +39.46% |
| 2022-12-31 | $38.66 Million | +41.95% |
| 2021-12-31 | $27.24 Million | +56.43% |
| 2020-12-31 | $17.41 Million | -5.83% |
| 2019-12-31 | $18.49 Million | -25.81% |
| 2018-12-31 | $24.92 Million | +128.97% |
| 2017-12-31 | $10.88 Million | -60.01% |
| 2016-12-31 | $27.22 Million | +570.25% |
| 2015-12-31 | $-5.79 Million | -156.67% |
| 2014-12-31 | $10.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Everspin Technologies 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 7532100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.00% |
| Other Components | $199.46 Million | 318.66% |
| Total Equity | $62.59 Million | 100.00% |
Everspin Technologies Inc Competitors by Market Cap
The table below lists competitors of Everspin Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
APT Satellite Holdings Limited
STU:AY8
|
$137.02 Million |
|
Amcil Ltd
AU:AMH
|
$137.06 Million |
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
$137.06 Million |
|
Milestone Pharmaceuticals Inc
NASDAQ:MIST
|
$137.12 Million |
|
MINMETALS LAND LTD HD-10
F:ONF
|
$136.99 Million |
|
Southern Hydropower JSC
VN:SHP
|
$136.96 Million |
|
Taiwan Styrene Monomer Corp
TW:1310
|
$136.89 Million |
|
IPC
F:IPC
|
$136.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everspin Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,921,000 to 62,593,000, a change of 8,672,000 (16.1%).
- Net income of 781,000 contributed positively to equity growth.
- Other factors increased equity by 7,891,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $781.00K | +1.25% |
| Other Changes | $7.89 Million | +12.61% |
| Total Change | $- | 16.08% |
Book Value vs Market Value Analysis
This analysis compares Everspin Technologies 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: 3.29x
- 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 increased from 2.32x to 3.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $4.00 | $9.30 | x |
| 2015-12-31 | $-1.15 | $9.30 | x |
| 2016-12-31 | $2.21 | $9.30 | x |
| 2017-12-31 | $0.87 | $9.30 | x |
| 2018-12-31 | $1.52 | $9.30 | x |
| 2019-12-31 | $1.07 | $9.30 | x |
| 2020-12-31 | $0.93 | $9.30 | x |
| 2021-12-31 | $1.36 | $9.30 | x |
| 2022-12-31 | $1.86 | $9.30 | x |
| 2023-12-31 | $2.52 | $9.30 | x |
| 2024-12-31 | $2.83 | $9.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everspin Technologies 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): 1.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.55%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.24x
- Recent ROE (1.25%) is above the historical average (-45.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -99.70% | -40.90% | 1.40x | 1.74x | $-11.20 Million |
| 2015 | 0.00% | -68.50% | 2.42x | 0.00x | $-17.60 Million |
| 2016 | -61.36% | -61.64% | 0.65x | 1.54x | $-19.42 Million |
| 2017 | -193.86% | -58.72% | 1.14x | 2.89x | $-22.19 Million |
| 2018 | -71.24% | -35.93% | 1.10x | 1.81x | $-20.25 Million |
| 2019 | -79.34% | -39.11% | 1.06x | 1.91x | $-16.52 Million |
| 2020 | -48.89% | -20.25% | 1.29x | 1.87x | $-10.25 Million |
| 2021 | 15.94% | 7.88% | 1.40x | 1.45x | $1.62 Million |
| 2022 | 15.85% | 10.22% | 1.08x | 1.43x | $2.26 Million |
| 2023 | 16.79% | 14.20% | 0.95x | 1.25x | $3.66 Million |
| 2024 | 1.25% | 1.55% | 0.65x | 1.24x | $-5.48 Million |
Industry Comparison
This section compares Everspin Technologies Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Everspin Technologies Inc (MRAM) | $65.82 Million | -99.70% | 0.22x | $137.02 Million |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $535.54 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.81 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.98 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $159.25 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $419.98 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.29 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $512.72 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $17.42 Billion |