Stardust Power Inc. (SDST) - Net Assets
Based on the latest financial reports, Stardust Power Inc. (SDST) has net assets worth $-5.12 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 ($10.04 Million) and total liabilities ($15.16 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 Stardust Power Inc. (SDST) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-5.12 Million |
| % of Total Assets | -51.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 647854.96 |
Stardust Power Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Stardust Power Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore SDST total assets for the complete picture of this company's asset base.
Annual Net Assets for Stardust Power Inc. (2020–2024)
The table below shows the annual net assets of Stardust Power Inc. from 2020 to 2024. For live valuation and market cap data, see market value of Stardust Power Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-19.39 Million | -419.06% |
| 2023-12-31 | $-3.73 Million | -101.29% |
| 2022-12-31 | $289.94 Million | +5.48% |
| 2021-12-31 | $274.87 Million | +1374260.00% |
| 2020-12-31 | $20.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stardust Power 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 5261394800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.60K | % |
| Other Components | $33.23 Million | % |
| Total Equity | $-19.39 Million | 100.00% |
Stardust Power Inc. Competitors by Market Cap
The table below lists competitors of Stardust Power Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Safari World PLC
BK:SAFARI
|
$26.85 Million |
|
Aeries Technology Inc.
NASDAQ:AERT
|
$26.86 Million |
|
Beamr Imaging Ltd. Ordinary Share
NASDAQ:BMR
|
$26.87 Million |
|
Iz Hayvancilik Tarim ve Gida Sanayi Ticaret AS
IS:IZINV
|
$26.87 Million |
|
Globalsat Worldcom
TWO:3499
|
$26.84 Million |
|
T S Flour Mill Public Company Limited
BK:TMILL
|
$26.84 Million |
|
Hydrogen Refueling Solutions
PA:ALHRS
|
$26.83 Million |
|
Univastu India Limited
NSE:UNIVASTU
|
$26.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stardust Power Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,734,762 to -19,385,784, a change of -15,651,022.
- Net loss of 23,754,000 reduced equity.
- Share repurchases of 7,670 reduced equity.
- New share issuances of 260,927 increased equity.
- Other factors increased equity by 7,849,721.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-23.75 Million | -122.53% |
| Share Repurchases | $7.67K | -0.04% |
| Share Issuances | $260.93K | +1.35% |
| Other Changes | $7.85 Million | +40.49% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Stardust Power 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.01 | $2.72 | x |
| 2021-12-31 | $73.30 | $2.72 | x |
| 2022-12-31 | $77.32 | $2.72 | x |
| 2023-12-31 | $-0.86 | $2.72 | x |
| 2024-12-31 | $-4.53 | $2.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stardust Power 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -25.00% | 0.00% | 0.00x | 11.25x | $-7.00K |
| 2021 | 1.71% | 0.00% | 0.00x | 1.10x | $-22.78 Million |
| 2022 | 5.20% | 0.00% | 0.00x | 1.05x | $-13.93 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.42 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.82 Million |
Industry Comparison
This section compares Stardust Power Inc.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $123,494,394
- Average return on equity (ROE) among peers: -71.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stardust Power Inc. (SDST) | $-5.12 Million | -25.00% | N/A | $26.85 Million |
| Advent Technologies Holdings Inc (ADN) | $-21.30 Million | 0.00% | 0.00x | $1.38 Million |
| Ads Tec Energy PLC (ADSE) | $33.92 Million | -162.39% | 2.67x | $642.11 Million |
| Advanced Energy Industries Inc (AEIS) | $376.55 Million | -0.47% | 0.12x | $14.26 Billion |
| Amprius Technologies Inc. (AMPX) | $1.17 Million | -634.56% | 4.70x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $234.61 Million | 4.67% | 0.66x | $63.09 Million |
| Atkore International Group Inc (ATKR) | $1.47 Billion | 46.99% | 1.00x | $2.02 Billion |
| Acuity Brands Inc (AYI) | $993.50 Million | 12.82% | 0.92x | $8.87 Billion |
| Bloom Energy Corp (BE) | $-1.97 Billion | 0.00% | 0.00x | $39.20 Billion |
| CBAK Energy Technology Inc (CBAT) | $113.46 Million | -2.16% | 1.48x | $70.92 Million |
| CCSC Technology International Holdings Limited Ordinary Shares (CCTG) | $1.39 Million | 20.24% | 0.55x | $2.10 Million |
About Stardust Power Inc.
Stardust Power Inc. develops battery grade lithium products in the United States. The company is developing a lithium refinery in Muskogee, Oklahoma for producing battery-grade lithium carbonate. The company was founded in 2022 and is headquartered in Greenwich, Connecticut.