Talphera Inc. (TLPH) - Net Assets
Based on the latest financial reports, Talphera Inc. (TLPH) has net assets worth $17.04 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.72 Million) and total liabilities ($12.68 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. Also explore Talphera Inc. total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $17.04 Million |
| % of Total Assets | 57.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 348.55 |
Talphera Inc. - Net Assets Trend (2008–2025)
This chart illustrates how Talphera Inc.'s net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Talphera Inc. to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Talphera Inc. (2008–2025)
The table below shows the annual net assets of Talphera Inc. from 2008 to 2025. For live valuation and market cap data, see market value of Talphera Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $17.04 Million | +112.91% |
| 2024-12-31 | $8.00 Million | -43.28% |
| 2023-12-31 | $14.11 Million | -35.34% |
| 2022-12-31 | $21.81 Million | +160.78% |
| 2021-12-31 | $-35.89 Million | +35.62% |
| 2020-12-31 | $-55.75 Million | -34.60% |
| 2019-12-31 | $-41.42 Million | -1073.85% |
| 2018-12-31 | $4.25 Million | +111.65% |
| 2017-12-31 | $-36.51 Million | -584.07% |
| 2016-12-31 | $-5.34 Million | -116.12% |
| 2015-12-31 | $33.11 Million | -29.03% |
| 2014-12-31 | $46.66 Million | -36.23% |
| 2013-12-31 | $73.16 Million | +116.15% |
| 2012-12-31 | $33.85 Million | +93.77% |
| 2011-12-31 | $17.47 Million | +126.51% |
| 2010-12-31 | $-65.89 Million | -24.34% |
| 2009-12-31 | $-52.99 Million | -58.97% |
| 2008-12-31 | $-33.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Talphera 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 43742000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $49.00K | 0.29% |
| Other Components | $488.51 Million | 2867.66% |
| Total Equity | $17.04 Million | 100.00% |
Talphera Inc. Competitors by Market Cap
The table below lists competitors of Talphera Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regal Holding Co Ltd
TW:4807
|
$46.91 Million |
|
Ralco Agencies Ltd
TA:RLCO
|
$46.94 Million |
|
MODULIGHT OY EO 1
F:78W
|
$46.95 Million |
|
ABO Group
BR:ABO
|
$46.95 Million |
|
PENTIXAPHARM HOLDING N AG
XETRA:PTP
|
$46.89 Million |
|
Scilex Holding Company
NASDAQ:SCLX
|
$46.87 Million |
|
Lion Chemtech Co. Ltd
KQ:171120
|
$46.86 Million |
|
Caprice Resources Limited
F:C3F
|
$46.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Talphera Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,000,999 to 17,035,000, a change of 9,034,001 (112.9%).
- Net loss of 14,290,000 reduced equity.
- Other factors increased equity by 23,324,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.29 Million | -83.89% |
| Other Changes | $23.32 Million | +136.92% |
| Total Change | $- | 112.91% |
Book Value vs Market Value Analysis
This analysis compares Talphera 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: 3.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $-32.41 | $1.28 | x |
| 2009-12-31 | $-51.52 | $1.28 | x |
| 2010-12-31 | $-64.06 | $1.28 | x |
| 2011-12-31 | $20.14 | $1.28 | x |
| 2012-12-31 | $30.60 | $1.28 | x |
| 2013-12-31 | $36.81 | $1.28 | x |
| 2014-12-31 | $21.05 | $1.28 | x |
| 2015-12-31 | $14.89 | $1.28 | x |
| 2016-12-31 | $-2.36 | $1.28 | x |
| 2017-12-31 | $-15.57 | $1.28 | x |
| 2018-12-31 | $1.46 | $1.28 | x |
| 2019-12-31 | $-10.46 | $1.28 | x |
| 2020-12-31 | $-13.08 | $1.28 | x |
| 2021-12-31 | $-5.99 | $1.28 | x |
| 2022-12-31 | $2.95 | $1.28 | x |
| 2023-12-31 | $0.99 | $1.28 | x |
| 2024-12-31 | $0.31 | $1.28 | x |
| 2025-12-31 | $0.40 | $1.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Talphera 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): -83.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51035.71%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.74x
- Recent ROE (-83.89%) is above the historical average (-93.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.33 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.82 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.75 Million |
| 2011 | -115.07% | -1875.09% | 0.03x | 2.34x | $-21.85 Million |
| 2012 | -98.57% | -1393.61% | 0.04x | 1.91x | $-36.75 Million |
| 2013 | -32.02% | -79.40% | 0.27x | 1.50x | $-30.74 Million |
| 2014 | -71.49% | -639.31% | 0.06x | 1.85x | $-38.02 Million |
| 2015 | -73.68% | -126.66% | 0.15x | 3.86x | $-27.71 Million |
| 2016 | 0.00% | -248.64% | 0.17x | 0.00x | $-42.62 Million |
| 2017 | 0.00% | -644.25% | 0.11x | 0.00x | $-47.86 Million |
| 2018 | -1108.61% | -2191.96% | 0.02x | 28.34x | $-47.57 Million |
| 2019 | 0.00% | -2325.91% | 0.03x | 0.00x | $-49.10 Million |
| 2020 | 0.00% | -745.55% | 0.08x | 0.00x | $-34.80 Million |
| 2021 | 0.00% | -9285.45% | 0.00x | 0.00x | $-31.51 Million |
| 2022 | 194.90% | 2400.62% | 0.04x | 2.18x | $40.33 Million |
| 2023 | -130.43% | -2825.96% | 0.03x | 1.45x | $-19.81 Million |
| 2024 | -162.53% | 0.00% | 0.00x | 2.28x | $-13.80 Million |
| 2025 | -83.89% | -51035.71% | 0.00x | 1.74x | $-15.99 Million |
Industry Comparison
This section compares Talphera Inc.'s net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $195,817,616
- Average return on equity (ROE) among peers: -66.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Talphera Inc. (TLPH) | $17.04 Million | 0.00% | 0.74x | $46.90 Million |
| Aurora Cannabis Inc (ACB) | $1.68 Million | -10.54% | 0.00x | $164.96 Million |
| Akanda Corp (AKAN) | $-5.03 Million | 0.00% | 0.00x | $2.84 Million |
| Akebia Ther (AKBA) | $635.93 Million | -27.03% | 0.57x | $340.21 Million |
| Alkermes Plc (ALKS) | $58.35 Million | -183.19% | 3.99x | $7.49 Billion |
| Amylyx Pharmaceuticals Inc (AMLX) | $-66.72 Million | 0.00% | 0.00x | $1.64 Billion |
| Amphastar P (AMPH) | $251.54 Million | 4.72% | 0.35x | $854.96 Million |
| Amneal Pharmaceuticals, Inc. Class A Common Stock (AMRX) | $61.30 Million | -137.01% | 55.65x | $5.21 Billion |
| Amneal Pharmaceuticals, Inc. Class A Common Stock (AMRX) | $896.36 Million | -18.93% | 3.86x | $3.57 Billion |
| Anika Therapeutics Inc (ANIK) | $108.93 Million | 10.79% | 0.30x | $196.52 Million |
| ANI Pharmaceuticals Inc (ANIP) | $15.83 Million | -300.23% | 1.30x | $1.78 Billion |
About Talphera Inc.
Talphera, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of therapies for use in medically supervised settings. The company's lead product candidate, Niyad, is a lyophilized formulation of nafamostat that acts as a regional anticoagulant for infusion into the extracorporeal circuit. It is also developing LTX-608, a lyophilized vial containing nafamostat… Read more