Rocky Brands Inc
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel in the United States, Canada, the United Kingdom, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products, which includes sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform st… Read more
Rocky Brands Inc (RCKY) - Net Assets
Latest net assets as of September 2025: $246.10 Million USD
Based on the latest financial reports, Rocky Brands Inc (RCKY) has net assets worth $246.10 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 ($494.01 Million) and total liabilities ($247.92 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 | $246.10 Million |
| % of Total Assets | 49.82% |
| Annual Growth Rate | 12.3% |
| 5-Year Change | 29.37% |
| 10-Year Change | 63.4% |
| Growth Volatility | 47.13 |
Rocky Brands Inc - Net Assets Trend (1990–2024)
This chart illustrates how Rocky Brands 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 Rocky Brands Inc (1990–2024)
The table below shows the annual net assets of Rocky Brands Inc from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $232.22 Million | +3.88% |
| 2023-12-31 | $223.56 Million | +3.75% |
| 2022-12-31 | $215.47 Million | +8.90% |
| 2021-12-31 | $197.85 Million | +10.22% |
| 2020-12-31 | $179.50 Million | +9.02% |
| 2019-12-31 | $164.66 Million | +8.63% |
| 2018-12-31 | $151.57 Million | +7.43% |
| 2017-12-31 | $141.09 Million | +4.44% |
| 2016-12-31 | $135.09 Million | -4.94% |
| 2015-12-31 | $142.12 Million | +2.73% |
| 2014-12-31 | $138.35 Million | +5.44% |
| 2013-12-31 | $131.21 Million | +4.44% |
| 2012-12-31 | $125.64 Million | +7.70% |
| 2011-12-31 | $116.66 Million | +11.10% |
| 2010-12-31 | $105.00 Million | +27.31% |
| 2009-12-31 | $82.48 Million | +1.89% |
| 2008-12-31 | $80.95 Million | -0.95% |
| 2007-12-31 | $81.72 Million | -21.52% |
| 2006-12-31 | $104.13 Million | +5.08% |
| 2005-12-31 | $99.09 Million | +38.84% |
| 2004-12-31 | $71.37 Million | +22.24% |
| 2003-12-31 | $58.38 Million | +11.44% |
| 2002-12-31 | $52.39 Million | +2.64% |
| 2001-12-31 | $51.04 Million | +1.43% |
| 2000-12-31 | $50.33 Million | +0.25% |
| 1999-12-31 | $50.20 Million | -15.77% |
| 1998-12-31 | $59.60 Million | +0.68% |
| 1997-12-31 | $59.20 Million | +124.24% |
| 1996-12-31 | $26.40 Million | +11.86% |
| 1995-12-31 | $23.60 Million | +4.42% |
| 1994-12-31 | $22.60 Million | +4.63% |
| 1993-12-31 | $21.60 Million | +254.10% |
| 1992-12-31 | $6.10 Million | 0.00% |
| 1991-12-31 | $6.10 Million | +35.56% |
| 1990-12-31 | $4.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rocky Brands 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 grown by 3499.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $158.36 Million | 68.19% |
| Common Stock | $73.87 Million | 31.81% |
| Total Equity | $232.22 Million | 100.00% |
Rocky Brands Inc Competitors by Market Cap
The table below lists competitors of Rocky Brands Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Daya Intiguna Yasa Tbk
JK:MDIY
|
$248.15 Million |
|
Apex Healthcare Bhd
KLSE:7090
|
$248.22 Million |
|
Dimerco Express
TWO:5609
|
$248.24 Million |
|
Jilin Expressway Co Ltd
SHG:601518
|
$248.35 Million |
|
Qingdao Topscomm Commun Inc
SHG:603421
|
$248.10 Million |
|
Ronshin Group A
SHE:301231
|
$248.06 Million |
|
ZHONGYU ENERGY HLDGS. NEW
F:MJVC
|
$247.87 Million |
|
Shanghai Bolex Food Technology Co. Ltd.
SHG:603170
|
$247.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rocky Brands Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 223,555,000 to 232,224,000, a change of 8,669,000 (3.9%).
- Net income of 11,387,000 contributed positively to equity growth.
- Dividend payments of 4,611,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.39 Million | +4.9% |
| Dividends Paid | $4.61 Million | -1.99% |
| Other Changes | $1.89 Million | +0.82% |
| Total Change | $- | 3.88% |
Book Value vs Market Value Analysis
This analysis compares Rocky Brands 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: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.58x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $1.95 | $42.08 | x |
| 1991-12-31 | $2.64 | $42.08 | x |
| 1992-12-31 | $2.75 | $42.08 | x |
| 1993-12-31 | $7.08 | $42.08 | x |
| 1994-12-31 | $6.13 | $42.08 | x |
| 1995-12-31 | $6.14 | $42.08 | x |
| 1996-12-31 | $6.99 | $42.08 | x |
| 1997-12-31 | $13.67 | $42.08 | x |
| 1998-12-31 | $10.78 | $42.08 | x |
| 1999-12-31 | $10.66 | $42.08 | x |
| 2000-12-31 | $11.20 | $42.08 | x |
| 2001-12-31 | $11.22 | $42.08 | x |
| 2002-12-31 | $11.41 | $42.08 | x |
| 2003-12-31 | $12.80 | $42.08 | x |
| 2004-12-31 | $14.41 | $42.08 | x |
| 2005-12-31 | $17.74 | $42.08 | x |
| 2006-12-31 | $18.67 | $42.08 | x |
| 2007-12-31 | $14.92 | $42.08 | x |
| 2008-12-31 | $14.68 | $42.08 | x |
| 2009-12-31 | $14.86 | $42.08 | x |
| 2010-12-31 | $15.52 | $42.08 | x |
| 2011-12-31 | $15.58 | $42.08 | x |
| 2012-12-31 | $16.74 | $42.08 | x |
| 2013-12-31 | $17.45 | $42.08 | x |
| 2014-12-31 | $18.34 | $42.08 | x |
| 2015-12-31 | $18.76 | $42.08 | x |
| 2016-12-31 | $18.00 | $42.08 | x |
| 2017-12-31 | $18.94 | $42.08 | x |
| 2018-12-31 | $20.31 | $42.08 | x |
| 2019-12-31 | $22.13 | $42.08 | x |
| 2020-12-31 | $24.47 | $42.08 | x |
| 2021-12-31 | $26.70 | $42.08 | x |
| 2022-12-31 | $29.24 | $42.08 | x |
| 2023-12-31 | $30.29 | $42.08 | x |
| 2024-12-31 | $31.05 | $42.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rocky Brands 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): 4.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.51%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.97x
- Recent ROE (4.90%) is below the historical average (5.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 13.33% | 2.01% | 1.56x | 4.24x | $150.00K |
| 1991 | 9.84% | 2.01% | 1.16x | 4.20x | $-10.00K |
| 1992 | 26.23% | 4.92% | 1.27x | 4.20x | $990.00K |
| 1993 | 8.33% | 4.37% | 1.07x | 1.78x | $-360.00K |
| 1994 | 6.19% | 2.33% | 1.16x | 2.30x | $-860.00K |
| 1995 | -2.12% | -1.39% | 0.74x | 2.08x | $-2.86 Million |
| 1996 | 10.61% | 3.83% | 1.26x | 2.20x | $160.00K |
| 1997 | 8.11% | 5.05% | 1.17x | 1.37x | $-1.12 Million |
| 1998 | 3.86% | 2.59% | 0.92x | 1.62x | $-3.66 Million |
| 1999 | -10.16% | -5.20% | 1.10x | 1.78x | $-10.12 Million |
| 2000 | 0.19% | 0.09% | 1.19x | 1.71x | $-4.94 Million |
| 2001 | 3.00% | 1.48% | 1.38x | 1.46x | $-3.57 Million |
| 2002 | 5.43% | 3.20% | 1.30x | 1.31x | $-2.40 Million |
| 2003 | 10.34% | 5.69% | 1.23x | 1.48x | $200.78K |
| 2004 | 12.04% | 6.50% | 1.37x | 1.35x | $1.46 Million |
| 2005 | 13.13% | 4.40% | 1.25x | 2.38x | $3.10 Million |
| 2006 | 4.63% | 1.83% | 1.07x | 2.37x | $-5.59 Million |
| 2007 | -28.27% | -8.39% | 1.27x | 2.65x | $-31.28 Million |
| 2008 | 1.44% | 0.45% | 1.32x | 2.43x | $-6.93 Million |
| 2009 | 1.42% | 0.51% | 1.40x | 1.98x | $-7.07 Million |
| 2010 | 7.32% | 3.04% | 1.50x | 1.61x | $-2.82 Million |
| 2011 | 7.12% | 3.47% | 1.38x | 1.49x | $-3.36 Million |
| 2012 | 7.05% | 3.88% | 1.31x | 1.39x | $-3.71 Million |
| 2013 | 5.62% | 3.01% | 1.23x | 1.52x | $-5.75 Million |
| 2014 | 7.12% | 3.44% | 1.34x | 1.54x | $-3.99 Million |
| 2015 | 4.65% | 2.45% | 1.39x | 1.36x | $-7.61 Million |
| 2016 | -1.58% | -0.82% | 1.44x | 1.34x | $-15.65 Million |
| 2017 | 6.79% | 3.79% | 1.46x | 1.23x | $-4.52 Million |
| 2018 | 9.60% | 5.76% | 1.37x | 1.22x | $-604.50K |
| 2019 | 10.61% | 6.46% | 1.31x | 1.25x | $996.40K |
| 2020 | 11.68% | 7.56% | 1.20x | 1.28x | $3.01 Million |
| 2021 | 10.39% | 4.00% | 0.82x | 3.16x | $773.50K |
| 2022 | 9.50% | 3.33% | 1.04x | 2.75x | $-1.08 Million |
| 2023 | 4.66% | 2.26% | 0.96x | 2.14x | $-11.93 Million |
| 2024 | 4.90% | 2.51% | 0.99x | 1.97x | $-11.84 Million |
Industry Comparison
This section compares Rocky Brands Inc's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $14,906,776,702
- Average return on equity (ROE) among peers: 15.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rocky Brands Inc (RCKY) | $246.10 Million | 13.33% | 1.01x | $248.12 Million |
| Adidas AG (ADDDF) | $7.06 Billion | 28.00% | 1.93x | $29.25 Billion |
| American Rebel Holdings Inc (AREB) | $-5.01 Million | 0.00% | 0.00x | $820.83K |
| American Rebel Holdings Inc. Warrants (AREBW) | $-646.27K | 0.00% | 0.00x | $10.11K |
| ASICS Corporation (ASCCF) | $138.08 Billion | 9.97% | 0.77x | $14.51 Billion |
| Birkenstock Holding plc (BIRK) | $2.40 Billion | 3.13% | 1.01x | $2.66 Billion |
| Boss Holdings Inc (BSHI) | $18.59 Million | 4.22% | 0.25x | $144.31K |
| Eatware Inc (CHSH) | $3.45 Million | 18.93% | 0.33x | $0.97 |
| Crocs Inc (CROX) | $817.93 Million | 66.04% | 4.50x | $3.98 Billion |
| Designer Brands Inc (DBI) | $640.76 Million | 16.80% | 0.57x | $153.96 Million |
| Deckers Outdoor Corporation (DECK) | $57.10 Million | 7.88% | 0.31x | $14.69 Billion |