Marin Software Inc (MRIN) - Net Assets
Based on the latest financial reports, Marin Software Inc (MRIN) has net assets worth $7.68 Million USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.18 Million) and total liabilities ($4.50 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. Check financial resilience of Marin Software Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.68 Million |
| % of Total Assets | 63.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | -35.24% |
| 10-Year Change | -87.15% |
| Growth Volatility | 96.78 |
Marin Software Inc - Net Assets Trend (2011–2023)
This chart illustrates how Marin Software Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Marin Software Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Marin Software Inc (2011–2023)
The table below shows the annual net assets of Marin Software Inc from 2011 to 2023. For live valuation and market cap data, see Marin Software Inc (MRIN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $13.64 Million | -58.31% |
| 2022-12-31 | $32.71 Million | -29.28% |
| 2021-12-31 | $46.26 Million | +192.49% |
| 2020-12-31 | $15.81 Million | -24.91% |
| 2019-12-31 | $21.06 Million | -27.24% |
| 2018-12-31 | $28.95 Million | -53.90% |
| 2017-12-31 | $62.78 Million | -28.33% |
| 2016-12-31 | $87.60 Million | -6.94% |
| 2015-12-31 | $94.13 Million | -11.30% |
| 2014-12-31 | $106.12 Million | -8.00% |
| 2013-12-31 | $115.34 Million | +244.20% |
| 2012-12-31 | $33.51 Million | +169.23% |
| 2011-12-31 | $-48.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marin Software 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 29338400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.00K | 0.13% |
| Other Comprehensive Income | $-997.00K | -7.31% |
| Other Components | $358.87 Million | 2631.20% |
| Total Equity | $13.64 Million | 100.00% |
Marin Software Inc Competitors by Market Cap
The table below lists competitors of Marin Software Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Secure Trust Bank PLC
LSE:STB
|
$2.87 Million |
|
Schroder Income Growth Fund
LSE:SCF
|
$2.87 Million |
|
EMPYREAN ENERGY LS-002
F:E1E
|
$2.87 Million |
|
Braille Energy Systems Inc
V:BES
|
$2.87 Million |
|
Nexion Group Ltd
AU:NNG
|
$2.86 Million |
|
Viver Incorporadora e Construtora S.A
SA:VIVR3
|
$2.86 Million |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
$2.86 Million |
|
Thai Polycons Public Company Limited
BK:TPOLY
|
$2.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marin Software Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 32,714,000 to 13,639,000, a change of -19,075,000 (-58.3%).
- Net loss of 21,917,000 reduced equity.
- Share repurchases of 6,000 reduced equity.
- Other comprehensive income decreased equity by 32,000.
- Other factors increased equity by 2,880,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.92 Million | -160.69% |
| Share Repurchases | $6.00K | -0.04% |
| Other Comprehensive Income | $-32.00K | -0.23% |
| Other Changes | $2.88 Million | +21.12% |
| Total Change | $- | -58.31% |
Book Value vs Market Value Analysis
This analysis compares Marin Software 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: 928.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $-501.02 | $4305.00 | x |
| 2012-12-31 | $318.65 | $4305.00 | x |
| 2013-12-31 | $184.12 | $4305.00 | x |
| 2014-12-31 | $130.28 | $4305.00 | x |
| 2015-12-31 | $108.08 | $4305.00 | x |
| 2016-12-31 | $96.02 | $4305.00 | x |
| 2017-12-31 | $66.81 | $4305.00 | x |
| 2018-12-31 | $30.03 | $4305.00 | x |
| 2019-12-31 | $19.83 | $4305.00 | x |
| 2020-12-31 | $12.92 | $4305.00 | x |
| 2021-12-31 | $21.61 | $4305.00 | x |
| 2022-12-31 | $12.35 | $4305.00 | x |
| 2023-12-31 | $4.63 | $4305.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marin Software 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): -160.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -123.61%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.42x
- Recent ROE (-160.69%) is below the historical average (-60.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -48.24% | 1.97x | 0.00x | $-12.58 Million |
| 2012 | -79.02% | -44.46% | 1.04x | 1.71x | $-29.83 Million |
| 2013 | -31.08% | -46.37% | 0.56x | 1.19x | $-47.39 Million |
| 2014 | -31.26% | -33.39% | 0.77x | 1.21x | $-43.78 Million |
| 2015 | -35.43% | -30.73% | 0.93x | 1.23x | $-42.76 Million |
| 2016 | -18.81% | -16.50% | 0.93x | 1.22x | $-25.24 Million |
| 2017 | -50.16% | -41.99% | 0.90x | 1.33x | $-37.77 Million |
| 2018 | -143.95% | -71.07% | 1.25x | 1.62x | $-44.56 Million |
| 2019 | -58.92% | -25.30% | 1.16x | 2.01x | $-14.51 Million |
| 2020 | -88.85% | -46.86% | 0.81x | 2.34x | $-15.63 Million |
| 2021 | -27.98% | -53.01% | 0.41x | 1.29x | $-17.57 Million |
| 2022 | -55.72% | -91.05% | 0.48x | 1.29x | $-21.50 Million |
| 2023 | -160.69% | -123.61% | 0.92x | 1.42x | $-23.28 Million |
Industry Comparison
This section compares Marin Software Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marin Software Inc (MRIN) | $7.68 Million | 0.00% | 0.59x | $2.86 Million |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Marin Software Inc
Marin Software Incorporated, together with its subsidiaries, provides enterprise marketing software for advertisers and agencies in the United States, the United Kingdom, and internationally. It offers MarinOne, a search, social, and e-commerce advertising platform, as well as self-serve solutions and managed services. The company markets and sells its solutions to advertisers directly and throug… Read more