Rocky Brands Inc (RCKY) - Net Assets
Based on the latest financial reports, Rocky Brands Inc (RCKY) has net assets worth $252.54 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($477.19 Million) and total liabilities ($224.65 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 Rocky Brands Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $252.54 Million |
| % of Total Assets | 52.92% |
| Annual Growth Rate | 12.19% |
| 5-Year Change | 27.41% |
| 10-Year Change | 86.6% |
| Growth Volatility | 46.47 |
Rocky Brands Inc - Net Assets Trend (1990–2025)
This chart illustrates how Rocky Brands Inc's net assets have evolved over time, based on quarterly financial data. See RCKY cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rocky Brands Inc (1990–2025)
The table below shows the annual net assets of Rocky Brands Inc from 1990 to 2025. For live valuation and market cap data, see Rocky Brands Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $252.09 Million | +8.55% |
| 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 3900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $176.00 Million | 69.82% |
| Other Components | $76.09 Million | 30.18% |
| Total Equity | $252.09 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 |
|---|---|
|
Sygnia Ltd
JSE:SYG
|
$281.96 Million |
|
Forcecon Technology Co Ltd
TWO:3483
|
$282.03 Million |
|
SinoDaan Co Ltd
SHE:300635
|
$282.13 Million |
|
Best SA
WAR:BST
|
$282.18 Million |
|
DocMorris AG
SW:DOCM
|
$281.88 Million |
|
Guangzhou Improve Med Instrument
SHE:300030
|
$281.87 Million |
|
Bank Multiarta Sentosa PT
JK:MASB
|
$281.78 Million |
|
Ive Group Ltd
AU:IGL
|
$281.77 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 2024 to 2025, total equity changed from 232,224,000 to 252,088,000, a change of 19,864,000 (8.6%).
- Net income of 22,274,000 contributed positively to equity growth.
- Dividend payments of 4,634,000 reduced retained earnings.
- Share repurchases of 201,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $22.27 Million | +8.84% |
| Dividends Paid | $4.63 Million | -1.84% |
| Share Repurchases | $201.00K | -0.08% |
| Other Changes | $2.42 Million | +0.96% |
| Total Change | $- | 8.55% |
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: 1.19x
- 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 20.51x to 1.19x 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 | $40.00 | x |
| 1991-12-31 | $2.64 | $40.00 | x |
| 1992-12-31 | $2.75 | $40.00 | x |
| 1993-12-31 | $7.08 | $40.00 | x |
| 1994-12-31 | $6.13 | $40.00 | x |
| 1995-12-31 | $6.14 | $40.00 | x |
| 1996-12-31 | $6.99 | $40.00 | x |
| 1997-12-31 | $13.67 | $40.00 | x |
| 1998-12-31 | $10.78 | $40.00 | x |
| 1999-12-31 | $10.66 | $40.00 | x |
| 2000-12-31 | $11.20 | $40.00 | x |
| 2001-12-31 | $11.22 | $40.00 | x |
| 2002-12-31 | $11.41 | $40.00 | x |
| 2003-12-31 | $12.80 | $40.00 | x |
| 2004-12-31 | $14.41 | $40.00 | x |
| 2005-12-31 | $17.74 | $40.00 | x |
| 2006-12-31 | $18.67 | $40.00 | x |
| 2007-12-31 | $14.92 | $40.00 | x |
| 2008-12-31 | $14.68 | $40.00 | x |
| 2009-12-31 | $14.86 | $40.00 | x |
| 2010-12-31 | $15.52 | $40.00 | x |
| 2011-12-31 | $15.58 | $40.00 | x |
| 2012-12-31 | $16.74 | $40.00 | x |
| 2013-12-31 | $17.45 | $40.00 | x |
| 2014-12-31 | $18.34 | $40.00 | x |
| 2015-12-31 | $18.76 | $40.00 | x |
| 2016-12-31 | $18.00 | $40.00 | x |
| 2017-12-31 | $18.94 | $40.00 | x |
| 2018-12-31 | $20.31 | $40.00 | x |
| 2019-12-31 | $22.13 | $40.00 | x |
| 2020-12-31 | $24.47 | $40.00 | x |
| 2021-12-31 | $26.70 | $40.00 | x |
| 2022-12-31 | $29.24 | $40.00 | x |
| 2023-12-31 | $30.29 | $40.00 | x |
| 2024-12-31 | $31.05 | $40.00 | x |
| 2025-12-31 | $33.48 | $40.00 | 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): 8.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.62%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.89x
- Recent ROE (8.84%) is above the historical average (5.88%), indicating improving 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 |
| 2025 | 8.84% | 4.62% | 1.01x | 1.89x | $-2.93 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: $2,138,574,405
- Average return on equity (ROE) among peers: 83.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rocky Brands Inc (RCKY) | $252.54 Million | 13.33% | 0.89x | $281.90 Million |
| American Rebel Holdings Inc (AREB) | $-4.17 Million | 0.00% | 0.00x | $1.25 Million |
| Birkenstock Holding plc (BIRK) | $2.36 Billion | 7.94% | 1.03x | $8.31 Billion |
| Crocs Inc (CROX) | $1.84 Billion | 51.75% | 1.62x | $4.82 Billion |
| Designer Brands Inc (DBI) | $412.40 Million | 37.46% | 3.89x | $267.56 Million |
| Deckers Outdoor Corporation (DECK) | $56.90 Million | 18.45% | 0.10x | $13.72 Billion |
| Kandal M Venture Limited Class A Ordinary Shares (FMFC) | $168.43K | 664.68% | 59.43x | $3.86 Million |
| Forward Industries Inc (FORD) | $3.50 Million | -31.43% | 1.31x | $788.51 Million |
| Fossil Group Inc (FOSL) | $50.60 Million | 30.24% | 0.59x | $247.04 Million |
| Nike Inc (NKE) | $15.28 Billion | 39.57% | 1.64x | $53.01 Billion |
| On Holding Ltd (ONON) | $1.39 Billion | 17.41% | 0.71x | $11.35 Billion |
About 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, mass merchants, uniform stores, farm… Read more