Purple Innovation Inc
Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It offers mattresses, pillows, sheets, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-p… Read more
Purple Innovation Inc (PRPL) - Net Assets
Latest net assets as of September 2025: $-26.91 Million USD
Based on the latest financial reports, Purple Innovation Inc (PRPL) has net assets worth $-26.91 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 ($302.12 Million) and total liabilities ($329.03 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 | $-26.91 Million |
| % of Total Assets | -8.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | -70.08% |
| 10-Year Change | -86.67% |
| Growth Volatility | 66.85 |
Purple Innovation Inc - Net Assets Trend (2014–2024)
This chart illustrates how Purple Innovation 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 Purple Innovation Inc (2014–2024)
The table below shows the annual net assets of Purple Innovation Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.21 Million | -82.52% |
| 2023-12-31 | $115.61 Million | -34.00% |
| 2022-12-31 | $175.17 Million | +19.54% |
| 2021-12-31 | $146.54 Million | +116.97% |
| 2020-12-31 | $67.54 Million | +1527.32% |
| 2019-12-31 | $-4.73 Million | -135.31% |
| 2018-12-31 | $-2.01 Million | -101.73% |
| 2017-12-31 | $116.48 Million | -21.98% |
| 2016-12-31 | $149.29 Million | -1.53% |
| 2015-12-31 | $151.62 Million | +31812.12% |
| 2014-12-31 | $-478.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Purple Innovation 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 57338790200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.00K | 0.05% |
| Other Components | $594.05 Million | 2941.15% |
| Total Equity | $20.20 Million | 100.00% |
Purple Innovation Inc Competitors by Market Cap
The table below lists competitors of Purple Innovation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Playmates Holdings Limited
PINK:PYHOF
|
$39.34 Million |
|
Osaka Steel Co., Ltd.
PINK:OSKXF
|
$39.34 Million |
|
Blue Cap AG
XETRA:B7E
|
$39.38 Million |
|
Copartner Technology Corp
TW:3550
|
$39.39 Million |
|
Ageagle Aerial Systems Inc
NYSE MKT:UAVS
|
$39.27 Million |
|
Pt Pakuan Tbk
JK:UANG
|
$39.27 Million |
|
Radiopharm Theranostics Limited American Depositary Shares
PINK:RADX
|
$39.26 Million |
|
Epoch Chemtronics Corp.
TWO:3633
|
$39.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Purple Innovation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 115,422,000 to 20,198,000, a change of -95,224,000 (-82.5%).
- Net loss of 97,897,000 reduced equity.
- Other factors increased equity by 2,673,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-97.90 Million | -484.69% |
| Other Changes | $2.67 Million | +13.23% |
| Total Change | $- | -82.50% |
Book Value vs Market Value Analysis
This analysis compares Purple Innovation 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: 3.71x
- 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 |
|---|---|---|---|
| 2014-12-31 | $-0.11 | $0.70 | x |
| 2015-12-31 | $31.67 | $0.70 | x |
| 2016-12-31 | $31.19 | $0.70 | x |
| 2017-12-31 | $13.88 | $0.70 | x |
| 2018-12-31 | $-0.08 | $0.70 | x |
| 2019-12-31 | $-0.24 | $0.70 | x |
| 2020-12-31 | $1.71 | $0.70 | x |
| 2021-12-31 | $2.17 | $0.70 | x |
| 2022-12-31 | $2.13 | $0.70 | x |
| 2023-12-31 | $1.11 | $0.70 | x |
| 2024-12-31 | $0.19 | $0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Purple Innovation 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): -484.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.07%
- • Asset Turnover: 1.58x
- • Equity Multiplier: 15.24x
- Recent ROE (-484.69%) is below the historical average (-91.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 15.45% | 3.20x | 0.00x | $712.97K |
| 2015 | -0.20% | -5.19% | 0.04x | 1.03x | $-15.46 Million |
| 2016 | -1.56% | -3.55% | 0.42x | 1.04x | $-17.26 Million |
| 2017 | -7.57% | -4.48% | 1.61x | 1.05x | $-20.47 Million |
| 2018 | 0.00% | -1.51% | 3.99x | 0.00x | $-4.26 Million |
| 2019 | 0.00% | -5.27% | 2.90x | 0.00x | $-22.34 Million |
| 2020 | -352.50% | -36.53% | 1.17x | 8.26x | $-243.59 Million |
| 2021 | 2.77% | 0.56% | 1.13x | 4.41x | $-10.55 Million |
| 2022 | -53.06% | -16.13% | 1.32x | 2.49x | $-109.90 Million |
| 2023 | -104.62% | -23.65% | 1.31x | 3.38x | $-132.30 Million |
| 2024 | -484.69% | -20.07% | 1.58x | 15.24x | $-99.92 Million |
Industry Comparison
This section compares Purple Innovation Inc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Purple Innovation Inc (PRPL) | $-26.91 Million | 0.00% | N/A | $39.32 Million |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |