Soligenix Inc.
Soligenix, Inc., a late-stage biopharmaceutical company, focuses on the development and commercialization of products to treat rare diseases in the United States. It operates through two segments, Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops SGX301 (HyBryte), a photodynamic therapy, which has completed Phase 3 clinical trial for the tre… Read more
Soligenix Inc. (SNGX) - Net Assets
Latest net assets as of September 2025: $7.60 Million USD
Based on the latest financial reports, Soligenix Inc. (SNGX) has net assets worth $7.60 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 ($11.29 Million) and total liabilities ($3.70 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 | $7.60 Million |
| % of Total Assets | 67.27% |
| Annual Growth Rate | 3.85% |
| 5-Year Change | 10.06% |
| 10-Year Change | N/A |
| Growth Volatility | 333.58 |
Soligenix Inc. - Net Assets Trend (1995–2024)
This chart illustrates how Soligenix 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 Soligenix Inc. (1995–2024)
The table below shows the annual net assets of Soligenix Inc. from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.12 Million | +63.26% |
| 2023-12-31 | $2.52 Million | +202.09% |
| 2022-12-31 | $-2.47 Million | -123.04% |
| 2021-12-31 | $10.72 Million | +186.56% |
| 2020-12-31 | $3.74 Million | +156.79% |
| 2019-12-31 | $1.46 Million | -76.80% |
| 2018-12-31 | $6.28 Million | -0.63% |
| 2017-12-31 | $6.32 Million | -14.57% |
| 2016-12-31 | $7.40 Million | +40502.25% |
| 2015-12-31 | $-18.31K | +88.10% |
| 2014-12-31 | $-153.89K | +91.30% |
| 2013-12-31 | $-1.77 Million | -149.84% |
| 2012-12-31 | $3.55 Million | -47.71% |
| 2011-12-31 | $6.79 Million | -7.70% |
| 2010-12-31 | $7.36 Million | -9.99% |
| 2009-12-31 | $8.17 Million | +313.44% |
| 2008-12-31 | $1.98 Million | -23.67% |
| 2007-12-31 | $2.59 Million | +333.69% |
| 2006-12-31 | $-1.11 Million | -172.54% |
| 2005-12-31 | $1.53 Million | -48.78% |
| 2004-12-31 | $2.98 Million | -43.11% |
| 2003-12-31 | $5.24 Million | +22.38% |
| 2002-12-31 | $4.29 Million | +263.02% |
| 2001-12-31 | $-2.63 Million | -124.93% |
| 2000-12-31 | $10.55 Million | +45.34% |
| 1999-12-31 | $7.26 Million | -50.64% |
| 1998-12-31 | $14.70 Million | -20.11% |
| 1997-12-31 | $18.40 Million | +1542.86% |
| 1996-12-31 | $1.12 Million | -18.73% |
| 1995-12-31 | $1.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Soligenix 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 22571394900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.51K | 0.06% |
| Other Comprehensive Income | $45.79K | 1.11% |
| Other Components | $238.04 Million | 5780.39% |
| Total Equity | $4.12 Million | 100.00% |
Soligenix Inc. Competitors by Market Cap
The table below lists competitors of Soligenix Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Workhorse Group Inc
NASDAQ:WKHS
|
$11.74 Million |
|
Lipidor Ab
ST:LIPI
|
$11.74 Million |
|
24SevenOffice Scandinavia AB
ST:247
|
$11.74 Million |
|
Hung Thinh Incons JSC
VN:HTN
|
$11.74 Million |
|
Luo Lih Fen Holding Co Ltd
TW:6666
|
$11.73 Million |
|
K Seng Seng Corporation Bhd
KLSE:5192
|
$11.73 Million |
|
Barloworld Ltd
JSE:BAW
|
$11.72 Million |
|
Gem Diamonds Limited
PINK:GMDMF
|
$11.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soligenix Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,522,422 to 4,118,071, a change of 1,595,649 (63.3%).
- Net loss of 8,266,576 reduced equity.
- New share issuances of 5,812,959 increased equity.
- Other comprehensive income increased equity by 23,546.
- Other factors increased equity by 4,025,720.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.27 Million | -200.74% |
| Share Issuances | $5.81 Million | +141.16% |
| Other Comprehensive Income | $23.55K | +0.57% |
| Other Changes | $4.03 Million | +97.76% |
| Total Change | $- | 63.26% |
Book Value vs Market Value Analysis
This analysis compares Soligenix 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: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $815.98 | $1.23 | x |
| 1997-12-31 | $17574.02 | $1.23 | x |
| 1998-12-31 | $1898.16 | $1.23 | x |
| 1999-12-31 | $2024.03 | $1.23 | x |
| 2000-12-31 | $2595.02 | $1.23 | x |
| 2001-12-31 | $-586.43 | $1.23 | x |
| 2002-12-31 | $571.49 | $1.23 | x |
| 2003-12-31 | $539.20 | $1.23 | x |
| 2004-12-31 | $220.32 | $1.23 | x |
| 2005-12-31 | $92.19 | $1.23 | x |
| 2006-12-31 | $-52.16 | $1.23 | x |
| 2007-12-31 | $85.69 | $1.23 | x |
| 2008-12-31 | $58.22 | $1.23 | x |
| 2009-12-31 | $2342.86 | $1.23 | x |
| 2010-12-31 | $109.06 | $1.23 | x |
| 2011-12-31 | $92.96 | $1.23 | x |
| 2012-12-31 | $47.83 | $1.23 | x |
| 2013-12-31 | $-274.69 | $1.23 | x |
| 2014-12-31 | $-16.39 | $1.23 | x |
| 2015-12-31 | $-1.69 | $1.23 | x |
| 2016-12-31 | $495.40 | $1.23 | x |
| 2017-12-31 | $246.85 | $1.23 | x |
| 2018-12-31 | $114.37 | $1.23 | x |
| 2019-12-31 | $18.05 | $1.23 | x |
| 2020-12-31 | $32.67 | $1.23 | x |
| 2021-12-31 | $57.71 | $1.23 | x |
| 2022-12-31 | $-13.77 | $1.23 | x |
| 2023-12-31 | $5.20 | $1.23 | x |
| 2024-12-31 | $2.48 | $1.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soligenix 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): -200.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6925.11%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.18x
- Recent ROE (-200.74%) is below the historical average (-139.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -86.20% | 0.00% | 0.00x | 1.04x | $-1.33 Million |
| 1997 | -17.39% | -3200.00% | 0.01x | 1.04x | $-5.04 Million |
| 1998 | -346.03% | -10900.00% | 0.01x | 2.57x | $-22.43 Million |
| 1999 | -103.37% | -750100000.00% | 0.00x | 1.28x | $-8.23 Million |
| 2000 | -45.48% | -479600000.00% | 0.00x | 1.30x | $-5.85 Million |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.37 Million |
| 2002 | -115.88% | 0.00% | 0.00x | 1.36x | $-5.39 Million |
| 2003 | -100.83% | -6309.62% | 0.01x | 1.19x | $-5.81 Million |
| 2004 | -196.81% | -588.68% | 0.20x | 1.70x | $-6.17 Million |
| 2005 | -308.89% | -153.45% | 0.91x | 2.21x | $-4.87 Million |
| 2006 | 0.00% | -352.92% | 1.64x | 0.00x | $-8.05 Million |
| 2007 | -238.00% | -490.06% | 0.33x | 1.46x | $-6.42 Million |
| 2008 | -173.08% | -148.14% | 0.69x | 1.70x | $-3.62 Million |
| 2009 | -73.82% | -214.28% | 0.30x | 1.15x | $-6.85 Million |
| 2010 | -100.40% | -379.21% | 0.21x | 1.26x | $-8.12 Million |
| 2011 | -35.03% | -31.05% | 0.93x | 1.21x | $-3.06 Million |
| 2012 | -117.23% | -132.37% | 0.67x | 1.32x | $-4.52 Million |
| 2013 | 0.00% | -312.00% | 0.39x | 0.00x | $-9.88 Million |
| 2014 | 0.00% | -95.23% | 1.01x | 0.00x | $-6.69 Million |
| 2015 | 0.00% | -89.31% | 1.19x | 0.00x | $-7.83 Million |
| 2016 | -43.87% | -31.06% | 1.02x | 1.39x | $-3.98 Million |
| 2017 | -113.09% | -131.57% | 0.57x | 1.51x | $-7.78 Million |
| 2018 | -141.72% | -169.81% | 0.50x | 1.67x | $-9.53 Million |
| 2019 | -642.05% | -290.94% | 0.41x | 5.34x | $-9.50 Million |
| 2020 | -472.72% | -916.25% | 0.10x | 5.32x | $-18.06 Million |
| 2021 | -117.05% | -37632.97% | 0.00x | 2.51x | $-13.62 Million |
| 2022 | 0.00% | -5519.34% | 0.02x | 0.00x | $-13.55 Million |
| 2023 | -243.45% | -731.60% | 0.09x | 3.88x | $-6.39 Million |
| 2024 | -200.74% | -6925.11% | 0.01x | 2.18x | $-8.68 Million |
Industry Comparison
This section compares Soligenix Inc.'s net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $184,483,093
- Average return on equity (ROE) among peers: -41.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soligenix Inc. (SNGX) | $7.60 Million | -86.20% | 0.49x | $11.73 Million |
| Aadi Bioscience Inc (AADI) | $136.41 Million | -80.71% | 0.16x | $17.03 Million |
| America Great Health (AAGH) | $-48.07K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $408.66 Million | -216.05% | 5.93x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-54.64 Million | 0.00% | 0.00x | $59.51 Million |
| ABIVAX Société Anonyme (AAVXF) | $48.18 Million | -23.29% | 0.12x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $1.23 Billion | 12.85% | 0.25x | $740.10 Million |
| Abeona Therapeutics Inc (ABEO) | $102.55 Million | -82.14% | 0.47x | $210.89 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $-11.42 Million | 0.00% | 0.00x | $117.44 Million |
| Abpro Holdings, Inc. (ABP) | $-85.14 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $67.00 Million | -21.42% | 0.32x | $316.52 Million |