MSP Recovery, Inc. (MSPR) - Net Assets
Based on the latest financial reports, MSP Recovery, Inc. (MSPR) has net assets worth $-844.39 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 ($1.55 Billion) and total liabilities ($2.40 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. Also explore how large is MSP Recovery, Inc.'s balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-844.39 Million |
| % of Total Assets | -54.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 36.96 |
MSP Recovery, Inc. - Net Assets Trend (2020–2024)
This chart illustrates how MSP Recovery, Inc.'s net assets have evolved over time, based on quarterly financial data. Check MSPR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for MSP Recovery, Inc. (2020–2024)
The table below shows the annual net assets of MSP Recovery, Inc. from 2020 to 2024. For live valuation and market cap data, see MSPR market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-128.41 Million | -109.05% |
| 2023-12-31 | $1.42 Billion | -35.12% |
| 2022-12-31 | $2.19 Billion | +1544.62% |
| 2021-12-31 | $-151.41 Million | -30.70% |
| 2020-12-31 | $-115.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MSP Recovery, 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 42461800900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $546.63 Million | 543.46% |
| Total Equity | $100.58 Million | 100.00% |
MSP Recovery, Inc. Competitors by Market Cap
The table below lists competitors of MSP Recovery, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bimi International Medical Inc
NASDAQ:BIMI
|
$1.40K |
|
BANPU PCL -FGN- BA 1
F:BPFG
|
$1.50K |
|
MCOT Public Company Limited
F:OLU
|
$1.56K |
|
Blue Hat Interactive Entertainment
NASDAQ:BHAT
|
$1.57K |
|
Cuu Long Petro Urban Development and Investment Corp
VN:CCL
|
$1.37K |
|
Ordinary Fully Paid Deferred Settlement
AU:VMLDB
|
$1.37K |
|
Sonder Holdings Inc. Class A
NASDAQ:SONDQ
|
$1.33K |
|
China Harmony Auto Holding Ltd
STU:HA5
|
$1.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MSP Recovery, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 272,390,000 to 100,585,000, a change of -171,805,000 (-63.1%).
- Net loss of 360,499,000 reduced equity.
- New share issuances of 3,063,000 increased equity.
- Other factors increased equity by 185,631,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-360.50 Million | -358.4% |
| Share Issuances | $3.06 Million | +3.05% |
| Other Changes | $185.63 Million | +184.55% |
| Total Change | $- | -63.07% |
Book Value vs Market Value Analysis
This analysis compares MSP Recovery, 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: 0.00x
- 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 |
|---|---|---|---|
| 2020-12-31 | $-13.30 | $0.00 | x |
| 2021-12-31 | $-1285.38 | $0.00 | x |
| 2022-12-31 | $22111.52 | $0.00 | x |
| 2023-12-31 | $763.87 | $0.00 | x |
| 2024-12-31 | $100.38 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MSP Recovery, 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): -358.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1975.45%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 19.08x
- Recent ROE (-358.40%) is below the historical average (-75.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -174.61% | 0.78x | 0.00x | $-12.66 Million |
| 2021 | 0.00% | -226.26% | 0.14x | 0.00x | $-17.52 Million |
| 2022 | -0.34% | -31.67% | 0.01x | 1.56x | $-226.14 Million |
| 2023 | -20.69% | -731.32% | 0.00x | 11.60x | $-83.59 Million |
| 2024 | -358.40% | -1975.45% | 0.01x | 19.08x | $-370.56 Million |
Industry Comparison
This section compares MSP Recovery, Inc.'s net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $533,226,185
- Average return on equity (ROE) among peers: -87.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MSP Recovery, Inc. (MSPR) | $-844.39 Million | 0.00% | N/A | $1.38K |
| Aclarion Inc (ACON) | $970.06K | -720.88% | 1.19x | $1.37 Million |
| American Well Corp (AMWL) | $1.08 Billion | -24.95% | 0.12x | $133.17 Million |
| Heartbeam Inc (BEAT) | $78.00 Million | -78.75% | 0.22x | $27.30 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-1.01 Million | 0.00% | 0.00x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $612.55 Million | -25.24% | 8.03x | $10.63 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $-70.63 Million | 0.00% | 0.00x | $331.93 Million |
| CareCloud, Inc. (CCLD) | $7.07 Million | -124.48% | 3.01x | $96.88 Million |
| Certara Inc (CERT) | $1.06 Billion | -1.14% | 0.49x | $1.12 Billion |
| CareMax Inc (CMAX) | $4.95 Million | 121.69% | 3.92x | $381.50 |
| Claritev Corporation (CTEV) | $2.56 Billion | -20.35% | 2.24x | $414.09 Million |
About MSP Recovery, Inc.
MSP Recovery, Inc., doing business as LifeWallet, operates as a healthcare recovery and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights. It also provides LifeWallet, a scalable and expandable data ecosystem where tokenized data … Read more