TROOPS Inc (TROO) - Net Assets

Latest as of June 2025: $79.92 Million USD

Based on the latest financial reports, TROOPS Inc (TROO) has net assets worth $79.92 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($88.39 Million) and total liabilities ($8.46 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 financial resilience of TROOPS Inc to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets $79.92 Million
% of Total Assets 90.42%
Annual Growth Rate 79.52%
5-Year Change -3.37%
10-Year Change -12.32%
Growth Volatility 166345.08

TROOPS Inc - Net Assets Trend (2007–2024)

This chart illustrates how TROOPS Inc's net assets have evolved over time, based on quarterly financial data. Also explore TROO total asset value for the complete picture of this company's asset base.

Annual Net Assets for TROOPS Inc (2007–2024)

The table below shows the annual net assets of TROOPS Inc from 2007 to 2024. For live valuation and market cap data, see TROO market cap overview.

Year Net Assets Change
2024-12-31 $68.25 Million +12.66%
2023-12-31 $60.58 Million -2.61%
2022-12-31 $62.20 Million -0.51%
2021-12-31 $62.52 Million -11.47%
2020-12-31 $70.63 Million -41.45%
2019-12-31 $120.63 Million -28.27%
2018-12-31 $168.17 Million +100.65%
2017-12-31 $83.81 Million -3.30%
2016-12-31 $86.68 Million +11.36%
2015-12-31 $77.84 Million -8.64%
2014-12-31 $85.20 Million -2.95%
2013-12-31 $87.79 Million +12.10%
2012-12-31 $78.31 Million +5.99%
2011-12-31 $73.89 Million +21.87%
2010-12-31 $60.63 Million +163.78%
2009-12-31 $22.98 Million -0.38%
2008-12-31 $23.07 Million +706980.88%
2007-12-31 $3.26K --

Equity Component Analysis

This analysis shows how different components contribute to TROOPS 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 8898926300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $450.00K 0.66%
Other Comprehensive Income $-5.00K -0.01%
Other Components $156.81 Million 229.77%
Total Equity $68.25 Million 100.00%

TROOPS Inc Competitors by Market Cap

The table below lists competitors of TROOPS Inc ranked by their market capitalization.

Company Market Cap
Anhui Jinchun Nonwoven Co Ltd
SHE:300877
$522.75 Million
Smith & Wesson Brands Inc
NASDAQ:SWBI
$522.80 Million
Shandong Polymer Biochemicals Co Ltd
SHE:002476
$523.00 Million
Raymond Lifestyle Ltd
NSE:RAYMONDLSL
$523.12 Million
Beijing Forever Technology Co Ltd
SHE:300365
$522.28 Million
CII Bridges and Roads Investment JSC
VN:LGC
$522.27 Million
HarborOne Bancorp Inc
NASDAQ:HONE
$522.22 Million
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A
SHG:603922
$522.09 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TROOPS Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 60,579,000 to 68,249,000, a change of 7,670,000 (12.7%).
  • Net loss of 13,413,000 reduced equity.
  • Other comprehensive income decreased equity by 8,000.
  • Other factors increased equity by 21,091,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-13.41 Million -19.65%
Other Comprehensive Income $-8.00K -0.01%
Other Changes $21.09 Million +30.9%
Total Change $- 12.66%

Book Value vs Market Value Analysis

This analysis compares TROOPS 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: 6.55x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 385.04x to 6.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 $0.01 $4.37 x
2008-12-31 $17.70 $4.37 x
2009-12-31 $22.83 $4.37 x
2010-12-31 $22.65 $4.37 x
2011-12-31 $18.15 $4.37 x
2012-12-31 $18.36 $4.37 x
2013-12-31 $20.42 $4.37 x
2014-12-31 $19.58 $4.37 x
2015-12-31 $17.69 $4.37 x
2016-12-31 $11.68 $4.37 x
2017-12-31 $7.39 $4.37 x
2018-12-31 $3.94 $4.37 x
2019-12-31 $1.52 $4.37 x
2020-12-31 $0.72 $4.37 x
2021-12-31 $0.62 $4.37 x
2022-12-31 $0.61 $4.37 x
2023-12-31 $0.60 $4.37 x
2024-12-31 $0.67 $4.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TROOPS 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): -19.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -133.16%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.16x
  • Recent ROE (-19.65%) is above the historical average (-43.95%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -666.17% 0.00% 0.00x 87.32x $-22.06K
2008 1.03% 0.00% 0.00x 1.47x $-2.07 Million
2009 1.03% 0.00% 0.00x 1.48x $-2.06 Million
2010 32.88% 9.17% 1.42x 2.52x $13.87 Million
2011 22.49% 5.31% 3.68x 1.15x $9.23 Million
2012 5.38% 2.53% 1.58x 1.35x $-3.62 Million
2013 9.62% 4.20% 1.92x 1.19x $-334.90K
2014 -2.69% -5.29% 0.47x 1.09x $-10.81 Million
2015 -3.11% -125.87% 0.02x 1.12x $-10.20 Million
2016 -5.82% -99.57% 0.05x 1.16x $-13.71 Million
2017 -13.38% -21988.24% 0.00x 1.17x $-19.60 Million
2018 -8.96% -783.04% 0.01x 1.38x $-26.18 Million
2019 -30.77% -670.62% 0.04x 1.17x $-49.09 Million
2020 -96.17% -1582.18% 0.05x 1.28x $-74.99 Million
2021 -13.46% -228.43% 0.05x 1.13x $-14.67 Million
2022 -0.56% -8.93% 0.06x 1.12x $-6.57 Million
2023 -2.84% -48.16% 0.05x 1.16x $-7.78 Million
2024 -19.65% -133.16% 0.13x 1.16x $-20.24 Million

Industry Comparison

This section compares TROOPS Inc's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $4,215,656,516
  • Average return on equity (ROE) among peers: 85.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TROOPS Inc (TROO) $79.92 Million -666.17% 0.11x $522.69 Million
Affirm Holdings Inc (AFRM) $3.07 Billion 1.70% 2.63x $16.59 Billion
Federal Agricultural Mortgage Corporation (AGM) $156.65 Million -95.99% 31.60x $1.63 Billion
Federal Agricultural Mortgage Corporation (AGM-A) $248.49 Million 12.88% 18.94x $137.84 Million
AIOS Tech Inc. (AIOS) $53.94 Million 5.08% 0.74x $3.53 Million
Ally Financial Inc (ALLY) $17.05 Billion 17.95% 9.70x $12.59 Billion
Antalpha Platform Holding Co (ANTA) $202.32 Million 9.14% 10.90x $210.67 Million
Atlanticus Holdings Corporation (ATLC) $-22.13 Million 0.00% 0.00x $958.76 Million
American Express Company (AXP) $20.67 Billion 28.47% 6.70x $219.50 Billion
Bread Financial Holdings, Inc. (BFH) $23.09 Million 838.91% 357.19x $3.31 Billion
Credit Acceptance Corporation (CACC) $702.20 Million 37.91% 2.97x $5.39 Billion

About TROOPS Inc

NASDAQ:TROO USA Credit Services
Market Cap
$533.84 Million
Market Cap Rank
#12315 Global
#2888 in USA
Share Price
$4.37
Change (1 day)
+6.33%
52-Week Range
$0.54 - $5.02
All Time High
$20.00
About

TROOPS, Inc., along with its subsidiaries, operates in the money lending business in Hong Kong, the Peoples Republic of China, and Australia. The company offers mortgage, personal, and corporate loans. It also develops, operates, and manages an online financial marketplace that offers one-stop financial technology solutions, including API services by leveraging artificial intelligence, big data a… Read more