Natural Alternatives International (NAII) - Net Assets
Based on the latest financial reports, Natural Alternatives International (NAII) has net assets worth $67.05 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 ($153.30 Million) and total liabilities ($86.25 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 how resilient are Natural Alternatives International's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $67.05 Million |
| % of Total Assets | 43.73% |
| Annual Growth Rate | 10.81% |
| 5-Year Change | -14.56% |
| 10-Year Change | 27.36% |
| Growth Volatility | 24.2 |
Natural Alternatives International - Net Assets Trend (1989–2025)
This chart illustrates how Natural Alternatives International's net assets have evolved over time, based on quarterly financial data. Also explore NAII total asset value for the complete picture of this company's asset base.
Annual Net Assets for Natural Alternatives International (1989–2025)
The table below shows the annual net assets of Natural Alternatives International from 1989 to 2025. For live valuation and market cap data, see Natural Alternatives International (NAII) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $68.43 Million | -17.15% |
| 2024-06-30 | $82.59 Million | -6.96% |
| 2023-06-30 | $88.77 Million | +0.28% |
| 2022-06-30 | $88.52 Million | +10.54% |
| 2021-06-30 | $80.08 Million | +12.20% |
| 2020-06-30 | $71.38 Million | -6.19% |
| 2019-06-30 | $76.08 Million | +11.48% |
| 2018-06-30 | $68.25 Million | +11.61% |
| 2017-06-30 | $61.15 Million | +13.81% |
| 2016-06-30 | $53.73 Million | +22.49% |
| 2015-06-30 | $43.86 Million | +3.35% |
| 2014-06-30 | $42.44 Million | +5.20% |
| 2013-06-30 | $40.34 Million | +1.18% |
| 2012-06-30 | $39.87 Million | +12.37% |
| 2011-06-30 | $35.48 Million | +15.90% |
| 2010-06-30 | $30.61 Million | +17.59% |
| 2009-06-30 | $26.03 Million | -13.23% |
| 2008-06-30 | $30.00 Million | -0.07% |
| 2007-06-30 | $30.02 Million | -9.82% |
| 2006-06-30 | $33.29 Million | +23.68% |
| 2005-06-30 | $26.92 Million | +11.56% |
| 2004-06-30 | $24.13 Million | +16.13% |
| 2003-06-30 | $20.78 Million | +5.96% |
| 2002-06-30 | $19.61 Million | +25.66% |
| 2001-06-30 | $15.60 Million | -23.83% |
| 2000-06-30 | $20.49 Million | -18.38% |
| 1999-06-30 | $25.10 Million | -9.39% |
| 1998-06-30 | $27.70 Million | +48.13% |
| 1997-06-30 | $18.70 Million | +8.72% |
| 1996-06-30 | $17.20 Million | +29.32% |
| 1995-06-30 | $13.30 Million | +18.75% |
| 1994-06-30 | $11.20 Million | +62.32% |
| 1993-06-30 | $6.90 Million | +15.00% |
| 1992-06-30 | $6.00 Million | +100.00% |
| 1991-06-30 | $3.00 Million | +7.14% |
| 1990-06-30 | $2.80 Million | +64.71% |
| 1989-06-30 | $1.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Natural Alternatives International'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 7323.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $59.39 Million | 86.80% |
| Common Stock | $93.00K | 0.14% |
| Other Comprehensive Income | $-1.42 Million | -2.07% |
| Other Components | $10.36 Million | 15.14% |
| Total Equity | $68.43 Million | 100.00% |
Natural Alternatives International Competitors by Market Cap
The table below lists competitors of Natural Alternatives International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leaders Technology Investment Co. Ltd
KQ:019570
|
$16.80 Million |
|
Fidelity China Special Situations PLC
LSE:FCSS
|
$16.82 Million |
|
North Eastern Carrying Corporation Limited
NSE:NECCLTD
|
$16.83 Million |
|
Ancora Indonesia Resources Tbk
JK:OKAS
|
$16.83 Million |
|
AlphaVest Acquisition Corp Ordinary Shares
NASDAQ:ATMV
|
$16.80 Million |
|
Herald Investment Trust
LSE:HRI
|
$16.79 Million |
|
Dataprep Holdings Bhd
KLSE:8338
|
$16.79 Million |
|
M Cash Integrasi Tbk PT
JK:MCAS
|
$16.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Natural Alternatives International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 82,595,000 to 68,426,000, a change of -14,169,000 (-17.2%).
- Net loss of 13,575,000 reduced equity.
- Share repurchases of 178,000 reduced equity.
- Other comprehensive income decreased equity by 1,393,000.
- Other factors increased equity by 977,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.57 Million | -19.84% |
| Share Repurchases | $178.00K | -0.26% |
| Other Comprehensive Income | $-1.39 Million | -2.04% |
| Other Changes | $977.00K | +1.43% |
| Total Change | $- | -17.15% |
Book Value vs Market Value Analysis
This analysis compares Natural Alternatives International'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: 0.24x
- 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.
- The price-to-book ratio has decreased from 307.72x to 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | $0.01 | $2.72 | x |
| 1990-06-30 | $0.76 | $2.72 | x |
| 1991-06-30 | $0.70 | $2.72 | x |
| 1992-06-30 | $1.35 | $2.72 | x |
| 1993-06-30 | $1.45 | $2.72 | x |
| 1994-06-30 | $2.06 | $2.72 | x |
| 1995-06-30 | $2.46 | $2.72 | x |
| 1996-06-30 | $3.12 | $2.72 | x |
| 1997-06-30 | $3.33 | $2.72 | x |
| 1998-06-30 | $4.81 | $2.72 | x |
| 1999-06-30 | $4.28 | $2.72 | x |
| 2000-06-30 | $3.56 | $2.72 | x |
| 2001-06-30 | $2.70 | $2.72 | x |
| 2002-06-30 | $3.38 | $2.72 | x |
| 2003-06-30 | $3.45 | $2.72 | x |
| 2004-06-30 | $3.83 | $2.72 | x |
| 2005-06-30 | $4.16 | $2.72 | x |
| 2006-06-30 | $4.91 | $2.72 | x |
| 2007-06-30 | $4.18 | $2.72 | x |
| 2008-06-30 | $4.26 | $2.72 | x |
| 2009-06-30 | $3.69 | $2.72 | x |
| 2010-06-30 | $4.31 | $2.72 | x |
| 2011-06-30 | $4.98 | $2.72 | x |
| 2012-06-30 | $5.70 | $2.72 | x |
| 2013-06-30 | $5.86 | $2.72 | x |
| 2014-06-30 | $6.18 | $2.72 | x |
| 2015-06-30 | $6.44 | $2.72 | x |
| 2016-06-30 | $8.09 | $2.72 | x |
| 2017-06-30 | $9.19 | $2.72 | x |
| 2018-06-30 | $9.91 | $2.72 | x |
| 2019-06-30 | $10.72 | $2.72 | x |
| 2020-06-30 | $10.66 | $2.72 | x |
| 2021-06-30 | $12.55 | $2.72 | x |
| 2022-06-30 | $14.38 | $2.72 | x |
| 2023-06-30 | $15.10 | $2.72 | x |
| 2024-06-30 | $14.07 | $2.72 | x |
| 2025-06-30 | $11.51 | $2.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Natural Alternatives International 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): -19.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.45%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.22x
- Recent ROE (-19.84%) is below the historical average (6.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 23.53% | 5.48% | 2.35x | 1.82x | $230.00K |
| 1990 | 39.29% | 9.24% | 2.25x | 1.89x | $820.00K |
| 1991 | 10.00% | 2.88% | 1.79x | 1.93x | $0.00 |
| 1992 | 13.33% | 5.52% | 1.81x | 1.33x | $200.00K |
| 1993 | 14.49% | 5.15% | 1.85x | 1.52x | $310.00K |
| 1994 | 16.96% | 5.54% | 1.96x | 1.56x | $780.00K |
| 1995 | 15.04% | 5.35% | 1.76x | 1.59x | $670.00K |
| 1996 | 18.60% | 6.72% | 2.02x | 1.37x | $1.48 Million |
| 1997 | 5.88% | 2.23% | 1.78x | 1.48x | $-770.00K |
| 1998 | 21.30% | 8.69% | 1.58x | 1.55x | $3.13 Million |
| 1999 | -11.55% | -5.05% | 1.49x | 1.54x | $-5.41 Million |
| 2000 | -21.83% | -9.35% | 1.37x | 1.70x | $-6.52 Million |
| 2001 | -31.33% | -11.60% | 1.68x | 1.61x | $-6.45 Million |
| 2002 | 19.78% | 7.75% | 1.82x | 1.40x | $1.92 Million |
| 2003 | 5.32% | 1.97% | 1.82x | 1.48x | $-972.70K |
| 2004 | 12.43% | 3.82% | 1.85x | 1.76x | $587.20K |
| 2005 | 8.17% | 2.40% | 2.07x | 1.64x | $-492.70K |
| 2006 | 8.02% | 2.69% | 1.59x | 1.88x | $-659.10K |
| 2007 | -17.60% | -5.44% | 2.05x | 1.58x | $-8.29 Million |
| 2008 | -1.24% | -0.45% | 1.74x | 1.57x | $-3.37 Million |
| 2009 | -15.67% | -5.52% | 2.03x | 1.40x | $-6.68 Million |
| 2010 | 13.48% | 6.30% | 1.81x | 1.18x | $1.07 Million |
| 2011 | 14.34% | 9.10% | 1.36x | 1.16x | $1.54 Million |
| 2012 | 10.43% | 5.71% | 1.54x | 1.18x | $171.20K |
| 2013 | 3.89% | 2.50% | 1.35x | 1.16x | $-2.46 Million |
| 2014 | 4.70% | 2.70% | 1.41x | 1.23x | $-2.25 Million |
| 2015 | 7.63% | 4.21% | 1.48x | 1.23x | $-1.04 Million |
| 2016 | 17.77% | 8.36% | 1.54x | 1.38x | $4.17 Million |
| 2017 | 11.83% | 5.93% | 1.68x | 1.19x | $1.12 Million |
| 2018 | 7.40% | 3.81% | 1.55x | 1.25x | $-1.77 Million |
| 2019 | 8.60% | 4.73% | 1.48x | 1.23x | $-1.07 Million |
| 2020 | -2.30% | -1.38% | 0.99x | 1.68x | $-8.78 Million |
| 2021 | 13.45% | 6.03% | 1.48x | 1.50x | $2.76 Million |
| 2022 | 12.10% | 6.27% | 1.17x | 1.65x | $1.86 Million |
| 2023 | 2.84% | 1.64% | 1.15x | 1.51x | $-6.36 Million |
| 2024 | -8.74% | -6.34% | 0.70x | 1.97x | $-15.48 Million |
| 2025 | -19.84% | -10.45% | 0.85x | 2.22x | $-20.42 Million |
Industry Comparison
This section compares Natural Alternatives International's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,624,053,735
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Natural Alternatives International (NAII) | $67.05 Million | 23.53% | 1.29x | $16.80 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $27.34 Million |
| Agape ATP Corporation Common Stock (ATPC) | $4.98 Million | -10.43% | 0.03x | $2.34 Million |
| B&G Foods Inc (BGS) | $49.99 Million | 30.34% | 10.00x | $441.46 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.21 Million | -177.60% | 0.41x | $52.64 Million |
| Bellring Brands LLC (BRBR) | $451.70 Million | 21.28% | 0.24x | $1.82 Billion |
| BRC Inc. (BRCC) | $46.51 Million | -36.00% | 4.07x | $124.97 Million |
| BRF SA ADR (BRFS) | $15.69 Billion | 14.18% | 1.30x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $36.90 Million | 17.89% | 0.43x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $4.64 Million | -566.46% | 12.96x | $32.41 Million |
| Better Choice Company Inc (BTTR) | $-80.79K | 0.00% | 0.00x | $5.13 Million |
About Natural Alternatives International
Natural Alternatives International, Inc. engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. It operates through two segments: Private-Label Contract Manufacturing, and Patent and Trademark Licensing. The company offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal… Read more