SWK Holdings Corp (SWKH) - Net Assets
Based on the latest financial reports, SWK Holdings Corp (SWKH) has net assets worth $254.21 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 ($289.36 Million) and total liabilities ($35.16 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 SWKH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $254.21 Million |
| % of Total Assets | 87.85% |
| Annual Growth Rate | 13.81% |
| 5-Year Change | 20.03% |
| 10-Year Change | 60.88% |
| Growth Volatility | 444.2 |
SWK Holdings Corp - Net Assets Trend (1998–2024)
This chart illustrates how SWK Holdings Corp's net assets have evolved over time, based on quarterly financial data. Also explore SWKH current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for SWK Holdings Corp (1998–2024)
The table below shows the annual net assets of SWK Holdings Corp from 1998 to 2024. For live valuation and market cap data, see SWKH stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $288.69 Million | +2.99% |
| 2023-12-31 | $280.31 Million | +0.14% |
| 2022-12-31 | $279.93 Million | +4.75% |
| 2021-12-31 | $267.24 Million | +11.11% |
| 2020-12-31 | $240.51 Million | +1.68% |
| 2019-12-31 | $236.53 Million | +11.02% |
| 2018-12-31 | $213.06 Million | +2.45% |
| 2017-12-31 | $207.95 Million | -0.05% |
| 2016-12-31 | $208.06 Million | +15.95% |
| 2015-12-31 | $179.44 Million | -4.01% |
| 2014-12-31 | $186.93 Million | +234.31% |
| 2013-12-31 | $55.92 Million | +26.54% |
| 2012-12-31 | $44.19 Million | +16.21% |
| 2011-12-31 | $38.02 Million | -2.53% |
| 2010-12-31 | $39.01 Million | -1.71% |
| 2009-12-31 | $39.69 Million | +1432.24% |
| 2008-12-31 | $2.59 Million | -41.22% |
| 2007-12-31 | $4.41 Million | +240.68% |
| 2006-12-31 | $-3.13 Million | -198.99% |
| 2005-12-31 | $3.16 Million | -1.13% |
| 2004-12-31 | $3.20 Million | -85.14% |
| 2003-12-31 | $21.53 Million | -1.91% |
| 2002-12-31 | $21.95 Million | -67.16% |
| 2001-12-31 | $66.84 Million | -92.57% |
| 2000-12-31 | $899.45 Million | +1754.54% |
| 1999-12-31 | $48.50 Million | +385.00% |
| 1998-12-31 | $10.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SWK Holdings 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 412361300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.00K | 0.00% |
| Other Components | $4.42 Billion | 1531.05% |
| Total Equity | $288.69 Million | 100.00% |
SWK Holdings Corp Competitors by Market Cap
The table below lists competitors of SWK Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordic Aqua Partners As
OL:NOAP
|
$192.42 Million |
|
Toya SA
WAR:TOA
|
$192.55 Million |
|
Canyon Resources Ltd
AU:CAY
|
$192.60 Million |
|
Hua Na Hydropower JSC
VN:HNA
|
$192.60 Million |
|
Ramada Investimentos e Industria S.A
LS:RAM
|
$192.31 Million |
|
Tornado Global Hydrovacs Ltd
V:TGH
|
$192.30 Million |
|
FB Bancorp, Inc. Common Stock
NASDAQ:FBLA
|
$192.29 Million |
|
Alpha Technology Group Limited Ordinary Shares
NASDAQ:ATGL
|
$192.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SWK Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 280,315,000 to 288,690,000, a change of 8,375,000 (3.0%).
- Net income of 13,488,000 contributed positively to equity growth.
- Share repurchases of 6,014,000 reduced equity.
- Other comprehensive income decreased equity by 280,315,000.
- Other factors increased equity by 281,216,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.49 Million | +4.67% |
| Share Repurchases | $6.01 Million | -2.08% |
| Other Comprehensive Income | $-280.31 Million | -97.1% |
| Other Changes | $281.22 Million | +97.41% |
| Total Change | $- | 2.99% |
Book Value vs Market Value Analysis
This analysis compares SWK Holdings 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: 0.69x
- 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 0.10x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $159.80 | $15.90 | x |
| 1999-12-31 | $315.87 | $15.90 | x |
| 2000-12-31 | $1158.94 | $15.90 | x |
| 2001-12-31 | $48.63 | $15.90 | x |
| 2002-12-31 | $9.80 | $15.90 | x |
| 2003-12-31 | $8.96 | $15.90 | x |
| 2004-12-31 | $1.09 | $15.90 | x |
| 2005-12-31 | $1.09 | $15.90 | x |
| 2006-12-31 | $-0.91 | $15.90 | x |
| 2007-12-31 | $1.19 | $15.90 | x |
| 2008-12-31 | $0.63 | $15.90 | x |
| 2009-12-31 | $9.62 | $15.90 | x |
| 2010-12-31 | $9.46 | $15.90 | x |
| 2011-12-31 | $9.22 | $15.90 | x |
| 2012-12-31 | $9.02 | $15.90 | x |
| 2013-12-31 | $12.14 | $15.90 | x |
| 2014-12-31 | $28.04 | $15.90 | x |
| 2015-12-31 | $13.49 | $15.90 | x |
| 2016-12-31 | $15.69 | $15.90 | x |
| 2017-12-31 | $15.95 | $15.90 | x |
| 2018-12-31 | $16.32 | $15.90 | x |
| 2019-12-31 | $18.32 | $15.90 | x |
| 2020-12-31 | $18.70 | $15.90 | x |
| 2021-12-31 | $20.82 | $15.90 | x |
| 2022-12-31 | $21.73 | $15.90 | x |
| 2023-12-31 | $22.08 | $15.90 | x |
| 2024-12-31 | $23.19 | $15.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SWK Holdings 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): 4.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.98%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.15x
- Recent ROE (4.67%) is above the historical average (-155.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -126.00% | -547.83% | 0.19x | 1.20x | $-13.60 Million |
| 1999 | -244.95% | -842.55% | 0.20x | 1.45x | $-123.65 Million |
| 2000 | -341.42% | -2717.18% | 0.12x | 1.09x | $-3.16 Billion |
| 2001 | -1410.70% | -1040.78% | 0.56x | 2.40x | $-949.58 Million |
| 2002 | -437.82% | -121.52% | 0.98x | 3.67x | $-98.31 Million |
| 2003 | -97.37% | -34.37% | 0.87x | 3.25x | $-23.12 Million |
| 2004 | -689.00% | -44.58% | 0.97x | 15.93x | $-22.12 Million |
| 2005 | -687.99% | -44.52% | 0.97x | 15.92x | $-22.08 Million |
| 2006 | 0.00% | -4.49% | 1.78x | 0.00x | $-2.11 Million |
| 2007 | -182.05% | -13.19% | 1.72x | 8.03x | $-8.46 Million |
| 2008 | -141.12% | -5.60% | 1.93x | 13.06x | $-3.91 Million |
| 2009 | 87.92% | 77.10% | 1.13x | 1.01x | $30.92 Million |
| 2010 | -1.81% | 0.00% | 0.00x | 1.01x | $-4.61 Million |
| 2011 | -2.80% | 0.00% | 0.00x | 1.01x | $-4.87 Million |
| 2012 | -3.82% | -223.08% | 0.01x | 1.22x | $-5.14 Million |
| 2013 | 25.57% | 199.50% | 0.10x | 1.22x | $7.83 Million |
| 2014 | 11.41% | 119.34% | 0.09x | 1.03x | $2.56 Million |
| 2015 | -4.21% | -31.42% | 0.13x | 1.03x | $-24.88 Million |
| 2016 | 14.14% | 129.08% | 0.11x | 1.02x | $8.46 Million |
| 2017 | 1.47% | 8.13% | 0.18x | 1.01x | $-17.75 Million |
| 2018 | 2.91% | 23.84% | 0.12x | 1.01x | $-15.11 Million |
| 2019 | 10.07% | 77.50% | 0.12x | 1.08x | $174.80K |
| 2020 | 2.16% | 14.17% | 0.13x | 1.14x | $-18.85 Million |
| 2021 | 9.70% | 46.17% | 0.20x | 1.06x | $-794.60K |
| 2022 | 4.82% | 32.52% | 0.14x | 1.07x | $-14.50 Million |
| 2023 | 5.67% | 42.07% | 0.11x | 1.19x | $-12.14 Million |
| 2024 | 4.67% | 29.98% | 0.14x | 1.15x | $-15.38 Million |
Industry Comparison
This section compares SWK Holdings Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,450,737,970
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SWK Holdings Corp (SWKH) | $254.21 Million | -126.00% | 0.14x | $192.32 Million |
| Acadian Asset Management Inc (AAMI) | $49.50 Million | 132.93% | 11.35x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $93.70 Million | 49.33% | 0.08x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $3.52 Billion | 4.94% | 0.76x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $5.99 Billion | 24.73% | 23.64x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $1.70 Billion | 3.00% | 0.22x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $117.70 Million | 62.05% | 6.95x | $2.65 Billion |
About SWK Holdings Corp
SWK Holdings Corporation is a venture debt firm specializing in early stage, seed/startup, series-A to series-D and growth capital investments. It seeks to invest in healthcare sectors including biopharma, medical devices, diagnostics, life science tools, selective healthcare service and HIT companies; technology; software; SaaS; and green energy/sustainability. It seeks to make investments betwe… Read more