StablecoinX Inc. Class A Common Stock (USDE) - Net Assets

Latest as of June 2026: $214.27 Million USD

Based on the latest financial reports, StablecoinX Inc. Class A Common Stock (USDE) has net assets worth $214.27 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($232.56 Million) and total liabilities ($18.29 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. See StablecoinX Inc. Class A Common Stock balance sheet quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric Value
Current Net Assets $214.27 Million
% of Total Assets 92.13%
Annual Growth Rate -26.67%
5-Year Change N/A
10-Year Change N/A
Growth Volatility N/A

StablecoinX Inc. Class A Common Stock - Net Assets Trend (2024–2025)

This chart illustrates how StablecoinX Inc. Class A Common Stock's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of StablecoinX Inc. Class A Common Stock.

Annual Net Assets for StablecoinX Inc. Class A Common Stock (2024–2025)

The table below shows the annual net assets of StablecoinX Inc. Class A Common Stock from 2024 to 2025. Also explore USDE year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 $569.50K -26.65%
2024-12-31 $776.43K --

Equity Component Analysis

This analysis shows how different components contribute to StablecoinX Inc. Class A Common Stock'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 20692900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components $802.50K 140.91%
Total Equity $569.50K 100.00%

StablecoinX Inc. Class A Common Stock Competitors by Market Cap

The table below lists competitors of StablecoinX Inc. Class A Common Stock ranked by their market capitalization.

Company Market Cap
Welldone Co
TWO:6170
$147.08 Million
Entech SE SAS
PA:ALESE
$147.16 Million
Michlol Finance Ltd
TA:MCLL
$147.16 Million
7C Solarparken AG
XETRA:HRPK
$147.16 Million
Paik Kwang Ind
KO:001340
$147.05 Million
Kelly Partners Group Holdings Ltd
AU:KPG
$147.04 Million
C&C International Corp.
KQ:352480
$147.02 Million
PW MEDTECH GROUP DL-0001
F:PWE
$147.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in StablecoinX Inc. Class A Common Stock's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 776,429 to 569,500, a change of -206,929 (-26.7%).
  • Other factors decreased equity by 206,929.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $0.00 -0.0%
Other Changes $-206.93K -36.34%
Total Change $- -26.65%

Book Value vs Market Value Analysis

This analysis compares StablecoinX Inc. Class A Common Stock'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: 258.23x
  • 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 increased from 189.41x to 258.23x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2024-12-31 $0.03 $6.12 x
2025-12-31 $0.02 $6.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently StablecoinX Inc. Class A Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Insufficient data available to analyze capital efficiency metrics.

Industry Comparison

This section compares StablecoinX Inc. Class A Common Stock's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

  • Industry: Capital Markets
  • Average net assets among peers: $85,578,081
  • Average return on equity (ROE) among peers: -30.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
StablecoinX Inc. Class A Common Stock (USDE) $214.27 Million N/A 0.09x $147.06 Million
American Bitcoin Corp (ABTC) $-4.83 Million 0.00% 0.00x $191.80 Million
Abits Group Inc. (ABTS) $6.74 Million -73.26% 1.15x $4.56 Million
Sphere 3D Corp (ANY) $23.30 Million -92.20% 0.08x $18.70 Million
Argo Blockchain PLC ADR (ARBK) $27.19 Million -15.14% 0.01x $957.54K
AtlasClear Holdings, Inc. (ATCH) $-777.81K 0.00% 0.00x $32.53 Million
Prestige Wealth Inc. (AURE) $6.18 Million -16.75% 0.11x $32.41 Million
Solowin Holdings (AXG) $2.00 Million -6.29% 3.73x $338.80 Million
BGC Group Inc. (BGC) $425.04 Million 4.98% 2.46x $4.44 Billion
Big Digital Energy, Inc. (BGDE) $76.17 Million -69.27% 0.75x $32.48 Million
Bitfarms Ltd (BITF) $294.76 Million -35.29% 0.28x $1.21 Billion

About StablecoinX Inc. Class A Common Stock

NASDAQ:USDE USA Capital Markets
Market Cap
$147.06 Million
Market Cap Rank
#17819 Global
#4197 in USA
Share Price
$6.12
Change (1 day)
-17.74%
52-Week Range
$3.09 - $8.87
All Time High
$8.87
About

StablecoinX Inc., a stablecoin infrastructure company, focuses on the Ethena digital dollar ecosystem. It offers infrastructure services, stablecoin middleware software, and stablecoin distribution services. The company is based in Frisco, Texas.