Nextnav Acquisition Corp (NN) - Net Assets
Based on the latest financial reports, Nextnav Acquisition Corp (NN) has net assets worth $-22.12 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 ($263.07 Million) and total liabilities ($285.19 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 NN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-22.12 Million |
| % of Total Assets | -8.41% |
| Annual Growth Rate | 40.41% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2349.03 |
Nextnav Acquisition Corp - Net Assets Trend (2019–2024)
This chart illustrates how Nextnav Acquisition Corp's net assets have evolved over time, based on quarterly financial data. See NN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nextnav Acquisition Corp (2019–2024)
The table below shows the annual net assets of Nextnav Acquisition Corp from 2019 to 2024. For live valuation and market cap data, see Nextnav Acquisition Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $50.12 Million | -37.42% |
| 2023-12-31 | $80.10 Million | -22.88% |
| 2022-12-31 | $103.86 Million | +3.91% |
| 2021-12-31 | $99.96 Million | +120.38% |
| 2020-12-31 | $-490.38 Million | -5443.55% |
| 2019-12-31 | $9.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nextnav Acquisition Corp'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 53483400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.00K | 0.03% |
| Other Comprehensive Income | $665.00K | 1.33% |
| Other Components | $911.55 Million | 1818.69% |
| Total Equity | $50.12 Million | 100.00% |
Nextnav Acquisition Corp Competitors by Market Cap
The table below lists competitors of Nextnav Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou GYZ Electronic Technology Co. Ltd. A
SHG:688260
|
$2.17 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$2.17 Billion |
|
Royce Value Closed Fund
NYSE:RVT
|
$2.17 Billion |
|
BWP Trust
AU:BWP
|
$2.17 Billion |
|
Energi Mega Persada Tbk
JK:ENRG
|
$2.17 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
$2.17 Billion |
|
The Great Eastern Shipping Company Limited
NSE:GESHIP
|
$2.17 Billion |
|
AF Gruppen ASA
OL:AFG
|
$2.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nextnav Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,734,000 to 50,121,000, a change of -28,613,000 (-36.3%).
- Net loss of 101,879,000 reduced equity.
- Other comprehensive income decreased equity by 1,533,000.
- Other factors increased equity by 74,799,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-101.88 Million | -203.27% |
| Other Comprehensive Income | $-1.53 Million | -3.06% |
| Other Changes | $74.80 Million | +149.24% |
| Total Change | $- | -36.34% |
Book Value vs Market Value Analysis
This analysis compares Nextnav Acquisition Corp'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: 44.87x
- 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 31.75x to 44.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.58 | $18.51 | x |
| 2020-12-31 | $-19.62 | $18.51 | x |
| 2021-12-31 | $1.02 | $18.51 | x |
| 2022-12-31 | $0.99 | $18.51 | x |
| 2023-12-31 | $0.73 | $18.51 | x |
| 2024-12-31 | $0.41 | $18.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nextnav Acquisition Corp 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): -203.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1797.12%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 3.23x
- Recent ROE (-203.27%) is above the historical average (-259.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1076.28% | -60225.61% | 0.00x | 4.28x | $-99.69 Million |
| 2020 | 0.00% | -24136.38% | 0.01x | 0.00x | $-88.30 Million |
| 2021 | -144.73% | -18960.16% | 0.01x | 1.37x | $-154.66 Million |
| 2022 | -40.11% | -1021.80% | 0.03x | 1.24x | $-50.12 Million |
| 2023 | -91.11% | -1857.46% | 0.02x | 2.06x | $-79.61 Million |
| 2024 | -203.27% | -1797.12% | 0.04x | 3.23x | $-106.89 Million |
Industry Comparison
This section compares Nextnav Acquisition Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $175,548,949
- Average return on equity (ROE) among peers: -12.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nextnav Acquisition Corp (NN) | $-22.12 Million | -1076.28% | N/A | $2.17 Billion |
| ACI Worldwide Inc (ACIW) | $581.40 Million | 11.62% | 2.18x | $4.54 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $855.27 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $30.16 Million | -37.03% | 0.03x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $87.90 Million | -12.31% | 0.11x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $2.69 Million | -223.00% | 0.35x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.41 Billion |
| All In FutureTech Alliance Inc. (AIFA) | $24.02 Million | -127.45% | 1.73x | $13.66 Million |
| AI Financial Corporation (AIFC) | $2.31 Million | 476.46% | 19.27x | $88.43 Million |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $67.08 Million | -6.22% | 0.04x | $457.44 Million |
About Nextnav Acquisition Corp
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based … Read more