Udemy Inc (UDMY) - Net Assets
Based on the latest financial reports, Udemy Inc (UDMY) has net assets worth $210.46 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 ($617.70 Million) and total liabilities ($407.24 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 Udemy Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $210.46 Million |
| % of Total Assets | 34.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -45.99% |
| 10-Year Change | N/A |
| Growth Volatility | 1126.37 |
Udemy Inc - Net Assets Trend (2019–2025)
This chart illustrates how Udemy Inc's net assets have evolved over time, based on quarterly financial data. Also explore Udemy Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Udemy Inc (2019–2025)
The table below shows the annual net assets of Udemy Inc from 2019 to 2025. For live valuation and market cap data, see Udemy Inc (UDMY) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $210.46 Million | +6.62% |
| 2024-12-31 | $197.39 Million | -44.69% |
| 2023-12-31 | $356.89 Million | +5.18% |
| 2022-12-31 | $339.31 Million | -12.93% |
| 2021-12-31 | $389.70 Million | +2804.09% |
| 2020-12-31 | $13.42 Million | +119.19% |
| 2019-12-31 | $-69.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Udemy 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 50029600000.0% 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 | 0.00% |
| Other Comprehensive Income | $162.00K | 0.08% |
| Other Components | $1.01 Billion | 480.60% |
| Total Equity | $210.46 Million | 100.00% |
Udemy Inc Competitors by Market Cap
The table below lists competitors of Udemy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Kailong Chemical Group Co Ltd
SHE:002783
|
$651.80 Million |
|
Intellian Technologies Inc
KQ:189300
|
$651.92 Million |
|
Song Da Urban & Industrial Zone Investment and Development JSC
VN:SJS
|
$652.14 Million |
|
Ashapura Minechem Limited
NSE:ASHAPURMIN
|
$652.18 Million |
|
Shandong Sinobioway Biomedicine Co Ltd
SHE:002581
|
$651.65 Million |
|
New East New Materials Co Ltd
SHG:603110
|
$651.64 Million |
|
Shore Bancshares Inc
NASDAQ:SHBI
|
$651.56 Million |
|
SI-TECH Information Technology Co Ltd
SHE:300608
|
$651.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Udemy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 197,394,000 to 210,461,000, a change of 13,067,000 (6.6%).
- Net income of 3,807,000 contributed positively to equity growth.
- Share repurchases of 50,965,000 reduced equity.
- Other comprehensive income increased equity by 173,000.
- Other factors increased equity by 60,052,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.81 Million | +1.81% |
| Share Repurchases | $50.97 Million | -24.22% |
| Other Comprehensive Income | $173.00K | +0.08% |
| Other Changes | $60.05 Million | +28.53% |
| Total Change | $- | 6.62% |
Book Value vs Market Value Analysis
This analysis compares Udemy 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: 3.51x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-2.18 | $4.93 | x |
| 2020-12-31 | $0.10 | $4.93 | x |
| 2021-12-31 | $2.80 | $4.93 | x |
| 2022-12-31 | $2.41 | $4.93 | x |
| 2023-12-31 | $2.38 | $4.93 | x |
| 2024-12-31 | $1.30 | $4.93 | x |
| 2025-12-31 | $1.40 | $4.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Udemy 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.48%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.93x
- Recent ROE (1.81%) is above the historical average (-102.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -25.22% | 2.36x | 0.00x | $-62.71 Million |
| 2020 | -578.43% | -18.06% | 1.52x | 21.02x | $-78.96 Million |
| 2021 | -20.54% | -15.52% | 0.70x | 1.90x | $-119.00 Million |
| 2022 | -45.35% | -24.46% | 0.85x | 2.17x | $-187.81 Million |
| 2023 | -30.06% | -14.72% | 0.98x | 2.08x | $-142.98 Million |
| 2024 | -43.21% | -10.84% | 1.30x | 3.07x | $-105.03 Million |
| 2025 | 1.81% | 0.48% | 1.28x | 2.93x | $-17.24 Million |
Industry Comparison
This section compares Udemy Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $777,038,225
- Average return on equity (ROE) among peers: -8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Udemy Inc (UDMY) | $210.46 Million | 0.00% | 1.93x | $651.67 Million |
| ATA Creativity Global (AACG) | $44.82 Million | -27.22% | 2.11x | $30.18 Million |
| Afya Ltd (AFYA) | $2.83 Billion | 10.31% | 0.69x | $651.37 Million |
| Ambow Education Holding Ltd (AMBO) | $262.77 Million | 17.12% | 2.46x | $5.98 Million |
| American Public Education Inc (APEI) | $234.22 Million | 17.45% | 0.27x | $1.07 Billion |
| Adtalem Global Education Inc (ATGE) | $513.38 Million | 5.56% | 0.77x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $3.01 Billion | 8.20% | 0.55x | $17.48 Million |
| Chegg Inc (CHGG) | $231.07 Million | -25.62% | 0.26x | $62.56 Million |
| China Liberal Education Holdings (CLEU) | $4.61 Million | 18.85% | 0.14x | $336.66K |
| 51Talk Online Education Group (COE) | $17.94 Million | -91.41% | 1.04x | $117.74 Million |
| Coursera Inc (COUR) | $616.19 Million | -18.92% | 0.49x | $1.03 Billion |
About Udemy Inc
Udemy, Inc., a learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through Enterprise and Consumer segments. The company offers courses related to technology, business and soft skills, and personal development topics through its platform. It also provides professional service… Read more