Sonder Holdings Inc. Class A (SONDQ) - Net Assets
Based on the latest financial reports, Sonder Holdings Inc. Class A (SONDQ) has net assets worth $-485.23 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 ($1.00 Billion) and total liabilities ($1.49 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. Also explore Sonder Holdings Inc. Class A total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-485.23 Million |
| % of Total Assets | -48.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sonder Holdings Inc. Class A - Net Assets Trend (2019–2025)
This chart illustrates how Sonder Holdings Inc. Class A's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see SONDQ stock market capitalisation.
Annual Net Assets for Sonder Holdings Inc. Class A (2019–2025)
The table below shows the annual net assets of Sonder Holdings Inc. Class A from 2019 to 2025. Explore SONDQ cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-435.89 Million | -15.71% |
| 2024-12-31 | $-376.70 Million | 0.00% |
| 2023-12-31 | $-376.70 Million | -271.19% |
| 2022-12-31 | $-101.48 Million | +48.20% |
| 2021-12-31 | $-195.92 Million | +60.88% |
| 2020-12-31 | $-500.86 Million | -93.63% |
| 2019-12-31 | $-258.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sonder Holdings Inc. Class A'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 131315900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Other Comprehensive Income | $7.36 Million | % |
| Other Components | $1.14 Billion | % |
| Total Equity | $-435.89 Million | 100.00% |
Sonder Holdings Inc. Class A Competitors by Market Cap
The table below lists competitors of Sonder Holdings Inc. Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mazhar Zorlu Holding AS
IS:MZHLD
|
$1.36K |
|
China Harmony Auto Holding Ltd
STU:HA5
|
$1.39K |
|
Bimi International Medical Inc
NASDAQ:BIMI
|
$1.40K |
|
Smart for Life, Inc. Common Stock
NASDAQ:SMFL
|
$1.42K |
|
Bangkok Expressway and Metro PCL F
F:B4X
|
$1.31K |
|
Toughbuilt Industries Inc
NASDAQ:TBLT
|
$1.30K |
|
Ordinary Fully Paid Deferred Settlement
AU:VMLDB
|
$1.30K |
|
BONAS IMPORT EXPORT S.A.
RO:BONA
|
$1.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonder Holdings Inc. Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -376,701,000 to -435,888,000, a change of -59,187,000.
- Net loss of 224,087,000 reduced equity.
- Other comprehensive income increased equity by 2,384,000.
- Other factors increased equity by 162,516,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-224.09 Million | -51.41% |
| Other Comprehensive Income | $2.38 Million | +0.55% |
| Other Changes | $162.52 Million | +37.28% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sonder Holdings Inc. Class A'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 |
|---|---|---|---|
| 2019-12-31 | $345.42 | $0.00 | x |
| 2020-12-31 | $-1541.28 | $0.00 | x |
| 2021-12-31 | $-333.04 | $0.00 | x |
| 2022-12-31 | $-9.85 | $0.00 | x |
| 2023-12-31 | $-36.19 | $0.00 | x |
| 2024-12-31 | $-34.46 | $0.00 | x |
| 2025-12-31 | $-37.83 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonder Holdings Inc. Class A 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: -36.07%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-25.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -175.61% | -124.73% | 0.80x | 1.77x | $-188.40 Million |
| 2020 | 0.00% | -216.39% | 0.65x | 0.00x | $-200.23 Million |
| 2021 | 0.00% | -125.54% | 1.58x | 0.00x | $-274.36 Million |
| 2022 | 0.00% | -52.70% | 0.31x | 0.00x | $-234.88 Million |
| 2023 | 0.00% | -49.11% | 0.40x | 0.00x | $-258.00 Million |
| 2024 | 0.00% | -49.11% | 0.40x | 0.00x | $-258.00 Million |
| 2025 | 0.00% | -36.07% | 0.55x | 0.00x | $-180.50 Million |
Industry Comparison
This section compares Sonder Holdings Inc. Class A's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $488,223,209
- Average return on equity (ROE) among peers: 1.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonder Holdings Inc. Class A (SONDQ) | $-485.23 Million | -175.61% | N/A | $1.33K |
| Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) | $1.19 Billion | 8.41% | 3.01x | $4.31 Billion |
| Choice Hotels International Inc (CHH) | $-113.80 Million | 0.00% | 0.00x | $4.63 Billion |
| Civeo Corp (CVEO) | $237.00 Million | -7.20% | 0.71x | $359.39 Million |
| GreenTree Hospitality Group Ltd (GHG) | $2.13 Billion | 4.16% | 1.22x | $82.78 Million |
| Hyatt Hotels Corporation (H) | $640.00 Million | 32.97% | 0.30x | $6.85 Billion |
| Hilton Worldwide Holdings Inc (HLT) | $-3.69 Billion | 0.00% | 0.00x | $72.90 Billion |
| Huazhu Group Ltd (HTHT) | $902.26 Million | 4.72% | 0.75x | $15.67 Billion |
| The Intergroup Corporation (INTG) | $4.60 Million | -32.61% | 7.22x | $59.65 Million |
| Marriott International Inc (MAR) | $3.57 Billion | 7.75% | 1.32x | $83.82 Billion |
| Pharmhouse Corp (PHSE) | $6.47 Million | -5.32% | 0.02x | $63.79 Million |
About Sonder Holdings Inc. Class A
Sonder Holdings Inc. engages in designing apartments and intimate boutique hotels for travelers in the United States, Europe, the Middle East, the United Arab Emirates, and internationally. It operates and manages properties comprising 1-, 2-, and 3+ bedroom; and studio furnished apartments, as well as 1-bedroom hotel rooms for leisure travelers and families, digital nomads, and business traveler… Read more