Sandisk Corp (SNDK) - Net Assets
Based on the latest financial reports, Sandisk Corp (SNDK) has net assets worth $10.21 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.00 Billion) and total liabilities ($2.79 Billion). 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 SNDK financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.21 Billion |
| % of Total Assets | 78.57% |
| Annual Growth Rate | 21.99% |
| 5-Year Change | 60.59% |
| 10-Year Change | 59.46% |
| Growth Volatility | 64.17 |
Sandisk Corp - Net Assets Trend (1995–2025)
This chart illustrates how Sandisk Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sandisk Corp for the complete picture of this company's asset base.
Annual Net Assets for Sandisk Corp (1995–2025)
The table below shows the annual net assets of Sandisk Corp from 1995 to 2025. For live valuation and market cap data, see SNDK company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $9.22 Billion | -16.84% |
| 2024-06-30 | $11.08 Billion | -3.12% |
| 2023-06-30 | $11.44 Billion | -11.85% |
| 2022-06-30 | $12.98 Billion | +126.12% |
| 2016-06-30 | $5.74 Billion | -12.07% |
| 2015-06-30 | $6.53 Billion | -6.30% |
| 2014-06-30 | $6.97 Billion | -4.05% |
| 2013-06-30 | $7.26 Billion | +2.81% |
| 2012-06-30 | $7.06 Billion | +22.17% |
| 2011-06-30 | $5.78 Billion | +47.87% |
| 2010-06-30 | $3.91 Billion | +13.59% |
| 2009-06-30 | $3.44 Billion | -30.64% |
| 2008-06-30 | $4.96 Billion | +3.91% |
| 2007-06-30 | $4.77 Billion | +89.16% |
| 2006-06-30 | $2.52 Billion | +30.08% |
| 2005-06-30 | $1.94 Billion | +27.99% |
| 2004-06-30 | $1.52 Billion | +141.49% |
| 2003-06-30 | $627.72 Million | -7.06% |
| 2002-06-30 | $675.38 Million | -21.75% |
| 2001-06-30 | $863.06 Million | +50.86% |
| 2000-06-30 | $572.10 Million | +175.31% |
| 1999-06-30 | $207.80 Million | +8.57% |
| 1998-06-30 | $191.40 Million | +118.00% |
| 1997-06-30 | $87.80 Million | +21.27% |
| 1996-06-30 | $72.40 Million | +205.49% |
| 1995-06-30 | $23.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sandisk 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 175000000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00 Million | 0.01% |
| Other Comprehensive Income | $-249.00 Million | -2.70% |
| Other Components | $11.25 Billion | 122.05% |
| Total Equity | $9.22 Billion | 100.00% |
Sandisk Corp Competitors by Market Cap
The table below lists competitors of Sandisk Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ping An Insurance Group Co of China Ltd
SHG:601318
|
$92.61 Billion |
|
Seagate Technology PLC
NASDAQ:STX
|
$92.68 Billion |
|
Equinix Inc
NASDAQ:EQIX
|
$92.84 Billion |
|
Westpac Banking Corporation
AU:WBC
|
$92.90 Billion |
|
KKR & Co LP
NYSE:KKR
|
$92.43 Billion |
|
CHRISTIAN DIOR ADR1/4/EO2
F:DIO0
|
$91.96 Billion |
|
MercadoLibre Inc.
NASDAQ:MELI
|
$90.91 Billion |
|
Spotify Technology SA
NYSE:SPOT
|
$90.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sandisk Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,082,000,000 to 9,216,000,000, a change of -1,866,000,000 (-16.8%).
- Net loss of 1,641,000,000 reduced equity.
- Other comprehensive income increased equity by 203,000,000.
- Other factors decreased equity by 428,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.64 Billion | -17.81% |
| Other Comprehensive Income | $203.00 Million | +2.2% |
| Other Changes | $-428.00 Million | -4.64% |
| Total Change | $- | -16.84% |
Book Value vs Market Value Analysis
This analysis compares Sandisk 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: 18.68x
- 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 13.17x to 18.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | $90.12 | $1187.00 | x |
| 2023-06-30 | $79.44 | $1187.00 | x |
| 2024-06-30 | $76.96 | $1187.00 | x |
| 2025-06-30 | $63.56 | $1187.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sandisk 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): -17.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.31%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.41x
- Recent ROE (-17.81%) is below the historical average (-8.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 8.20% | 10.91% | 0.62x | 1.21x | $-233.70 Million |
| 2023 | -18.73% | -35.21% | 0.44x | 1.21x | $-3.29 Billion |
| 2024 | -6.06% | -10.09% | 0.49x | 1.22x | $-1.78 Billion |
| 2025 | -17.81% | -22.31% | 0.57x | 1.41x | $-2.56 Billion |
Industry Comparison
This section compares Sandisk Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $238,502,166
- Average return on equity (ROE) among peers: -10.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sandisk Corp (SNDK) | $10.21 Billion | 8.20% | 0.27x | $92.46 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $5.72 Million | -147.10% | 0.55x | $1.80 Million |
| AstroNova Inc (ALOT) | $17.60 Million | 60.23% | 0.39x | $66.45 Million |
| Touax SCA (ALPWG) | $67.19 Million | 2.22% | 0.77x | $38.86 Million |
| AMC Robotics Corporation (AMCI) | $70.93 Million | -0.11% | 0.00x | $141.67 Million |
| Arista Networks (ANET) | $1.11 Billion | 16.63% | 0.56x | $178.30 Billion |
| Braiin Limited Common Stock (BRAI) | $-1.13 Million | 0.00% | 0.00x | $507.66 Million |
| BTC Digital Ltd. (BTCT) | $132.97 Million | 39.87% | 0.57x | $11.71 Million |
| Canaan Inc (CAN) | $266.25 Million | -93.80% | 0.74x | $298.34 Million |
| Cricut Inc (CRCT) | $466.76 Million | 13.46% | 0.48x | $229.53 Million |
| Corsair Gaming Inc (CRSR) | $250.90 Million | 4.68% | 1.91x | $596.24 Million |
About Sandisk Corp
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company offers solid state drives for desktop and notebook PCs, gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs and other por… Read more