SRAX Inc (SRAX) - Net Assets
Based on the latest financial reports, SRAX Inc (SRAX) has net assets worth $-9.25 Million USD as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.07 Million) and total liabilities ($27.32 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 tangible net worth ratio of SRAX Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-9.25 Million |
| % of Total Assets | -51.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -173.96% |
| 10-Year Change | -260.78% |
| Growth Volatility | 80.22 |
SRAX Inc - Net Assets Trend (2011–2024)
This chart illustrates how SRAX Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of SRAX Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SRAX Inc (2011–2024)
The table below shows the annual net assets of SRAX Inc from 2011 to 2024. For live valuation and market cap data, see SRAX Inc (SRAX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-9.25 Million | -144.06% |
| 2022-12-31 | $20.99 Million | -15.11% |
| 2021-12-31 | $24.73 Million | +28.64% |
| 2020-12-31 | $19.23 Million | +53.73% |
| 2019-12-31 | $12.51 Million | -11.31% |
| 2018-12-31 | $14.10 Million | -21.33% |
| 2017-12-31 | $17.92 Million | +103.12% |
| 2016-12-31 | $8.82 Million | +127.67% |
| 2015-12-31 | $3.88 Million | -32.62% |
| 2014-12-31 | $5.75 Million | +85.88% |
| 2013-12-31 | $3.09 Million | +14257.08% |
| 2012-12-31 | $-21.86K | -103.03% |
| 2011-12-31 | $722.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SRAX 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 6199300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.00K | % |
| Other Components | $52.72 Million | % |
| Total Equity | $-9.25 Million | 100.00% |
SRAX Inc Competitors by Market Cap
The table below lists competitors of SRAX Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Technology Minerals PLC
LSE:TM1
|
$17.85K |
|
Airports of Thailand Public Company Limited
F:TX3A
|
$18.00K |
|
BloomZ Inc. Ordinary Shares
NASDAQ:BLMZ
|
$18.02K |
|
Secure Property Development & Investment Plc
LSE:SPDI
|
$18.08K |
|
Cloudcoco Group PLC
LSE:CLCO
|
$17.61K |
|
SunPower Corporation
NASDAQ:SPWRQ
|
$17.55K |
|
ATHANASE INNOVATION AB
F:H6H
|
$17.42K |
|
Synergia Energy Ltd.
LSE:SYN
|
$17.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SRAX Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 20,993,000 to -9,249,000, a change of -30,242,000 (-144.1%).
- Net loss of 31,638,000 reduced equity.
- Dividend payments of 365,000 reduced retained earnings.
- Other factors increased equity by 1,761,000.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.64 Million | -342.07% |
| Dividends Paid | $365.00K | -3.95% |
| Other Changes | $1.76 Million | +19.04% |
| Total Change | $- | -144.06% |
Book Value vs Market Value Analysis
This analysis compares SRAX 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 |
|---|---|---|---|
| 2011-12-31 | $0.29 | $0.00 | x |
| 2012-12-31 | $-0.01 | $0.00 | x |
| 2013-12-31 | $1.05 | $0.00 | x |
| 2014-12-31 | $1.32 | $0.00 | x |
| 2015-12-31 | $0.72 | $0.00 | x |
| 2016-12-31 | $1.42 | $0.00 | x |
| 2017-12-31 | $2.17 | $0.00 | x |
| 2018-12-31 | $1.39 | $0.00 | x |
| 2019-12-31 | $1.01 | $0.00 | x |
| 2020-12-31 | $1.31 | $0.00 | x |
| 2021-12-31 | $0.95 | $0.00 | x |
| 2022-12-31 | $0.89 | $0.00 | x |
| 2024-12-31 | $-0.35 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SRAX 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: -113.56%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-28.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.93% | 0.37% | 1.56x | 1.60x | $-65.50K |
| 2012 | 0.00% | -112.47% | 3.99x | 0.00x | $-1.26 Million |
| 2013 | -56.46% | -51.19% | 0.87x | 1.26x | $-2.06 Million |
| 2014 | -76.69% | -86.16% | 0.18x | 4.90x | $-4.99 Million |
| 2015 | -70.28% | -8.99% | 1.06x | 7.36x | $-3.11 Million |
| 2016 | -48.14% | -11.88% | 1.33x | 3.05x | $-5.13 Million |
| 2017 | -41.68% | -32.00% | 0.99x | 1.32x | $-9.26 Million |
| 2018 | 245.55% | 350.45% | 0.43x | 1.64x | $33.22 Million |
| 2019 | -134.81% | -470.40% | 0.18x | 1.62x | $-18.11 Million |
| 2020 | -76.49% | -226.96% | 0.17x | 2.03x | $-16.63 Million |
| 2021 | 7.91% | 6.85% | 0.50x | 2.30x | $-518.10K |
| 2022 | -114.70% | -90.16% | 0.55x | 2.31x | $-26.18 Million |
| 2024 | 0.00% | -113.56% | 1.54x | 0.00x | $-30.71 Million |
Industry Comparison
This section compares SRAX Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SRAX Inc (SRAX) | $-9.25 Million | 0.93% | N/A | $17.66K |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About SRAX Inc
SRAX, Inc. focuses on enhancing communications between public companies and their shareholders and investors in the United States, Canada, and internationally. It offers Sequire, a SaaS platform that allows issuers to track their shareholders' behaviors and trends, then use data-driven insights to engage with shareholders across marketing channels. The company also organizes and hosts investor co… Read more