Eco Wave Power Global AB ADR (WAVE) - Net Assets
Based on the latest financial reports, Eco Wave Power Global AB ADR (WAVE) has net assets worth $5.49 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 ($8.14 Million) and total liabilities ($2.65 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 Eco Wave Power Global AB ADR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.49 Million |
| % of Total Assets | 67.44% |
| Annual Growth Rate | -20.51% |
| 5-Year Change | -62.76% |
| 10-Year Change | N/A |
| Growth Volatility | 40.38 |
Eco Wave Power Global AB ADR - Net Assets Trend (2005–2025)
This chart illustrates how Eco Wave Power Global AB ADR's net assets have evolved over time, based on quarterly financial data. Also explore Eco Wave Power Global AB ADR total assets for the complete picture of this company's asset base.
Annual Net Assets for Eco Wave Power Global AB ADR (2005–2025)
The table below shows the annual net assets of Eco Wave Power Global AB ADR from 2005 to 2025. For live valuation and market cap data, see WAVE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.49 Million | -33.89% |
| 2024-12-31 | $8.30 Million | +6.40% |
| 2023-12-31 | $7.80 Million | -20.99% |
| 2022-12-31 | $9.87 Million | -32.98% |
| 2021-12-31 | $14.73 Million | +36.72% |
| 2020-12-31 | $10.78 Million | -4.93% |
| 2019-12-31 | $11.33 Million | +9284.55% |
| 2018-12-31 | $-123.41K | -42.93% |
| 2017-12-31 | $-86.34K | +99.99% |
| 2011-12-31 | $-660.77 Million | -65.95% |
| 2010-12-31 | $-398.17 Million | -44.44% |
| 2009-12-31 | $-275.66 Million | -391.23% |
| 2008-12-31 | $-56.12 Million | -109.34% |
| 2007-12-31 | $600.75 Million | +27.76% |
| 2006-12-31 | $470.23 Million | -12.99% |
| 2005-12-31 | $540.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eco Wave Power Global AB ADR'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 1876731000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $102.00K | 1.80% |
| Other Comprehensive Income | $-1.47 Million | -25.84% |
| Other Components | $25.80 Million | 454.87% |
| Total Equity | $5.67 Million | 100.00% |
Eco Wave Power Global AB ADR Competitors by Market Cap
The table below lists competitors of Eco Wave Power Global AB ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rockwell Medical Inc
NASDAQ:RMTI
|
$35.00 Million |
|
DNA Biomed Solns
TA:DNA
|
$35.00 Million |
|
Aallon Group Oyj
HE:AALLON
|
$35.01 Million |
|
Alticast Corporation
KQ:085810
|
$35.01 Million |
|
Feng Ching Metal
TWO:2061
|
$34.98 Million |
|
Lottery.com, Inc. Common Stock
NASDAQ:LTRY
|
$34.98 Million |
|
Zaklady Magnezytowe Ropczyce S.A.
WAR:RPC
|
$34.97 Million |
|
Knightscope Inc
NASDAQ:KSCP
|
$34.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eco Wave Power Global AB ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,458,000 to 5,672,791, a change of -2,785,209 (-32.9%).
- Net loss of 3,716,844 reduced equity.
- Share repurchases of 27,144 reduced equity.
- Other comprehensive income increased equity by 902,054.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.72 Million | -65.52% |
| Share Repurchases | $27.14K | -0.48% |
| Other Comprehensive Income | $902.05K | +15.9% |
| Other Changes | $56.73K | +1.0% |
| Total Change | $- | -32.93% |
Book Value vs Market Value Analysis
This analysis compares Eco Wave Power Global AB ADR'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: 7.21x
- 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 |
|---|---|---|---|
| 2017-12-31 | $-0.12 | $7.00 | x |
| 2018-12-31 | $-0.15 | $7.00 | x |
| 2019-12-31 | $2.87 | $7.00 | x |
| 2020-12-31 | $2.45 | $7.00 | x |
| 2021-12-31 | $2.96 | $7.00 | x |
| 2022-12-31 | $1.78 | $7.00 | x |
| 2023-12-31 | $1.43 | $7.00 | x |
| 2024-12-31 | $1.52 | $7.00 | x |
| 2025-12-31 | $0.97 | $7.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eco Wave Power Global AB ADR 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): -65.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9729.19%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.43x
- Recent ROE (-65.52%) is below the historical average (-19.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -4436.35% | 0.01x | 0.00x | $-902.05K |
| 2018 | 0.00% | -6289.44% | 0.01x | 0.00x | $-777.16K |
| 2019 | -17.60% | 0.00% | 0.00x | 1.20x | $-3.13 Million |
| 2020 | -3.94% | -1381.41% | 0.00x | 1.18x | $-1.50 Million |
| 2021 | -15.93% | -7570.97% | 0.00x | 1.13x | $-3.82 Million |
| 2022 | -29.38% | -11157.69% | 0.00x | 1.21x | $-3.89 Million |
| 2023 | -21.51% | -558.82% | 0.03x | 1.26x | $-2.50 Million |
| 2024 | -24.56% | -1236.31% | 0.02x | 1.26x | $-2.92 Million |
| 2025 | -65.52% | -9729.19% | 0.00x | 1.43x | $-4.28 Million |
Industry Comparison
This section compares Eco Wave Power Global AB ADR's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $25,674,018,617
- Average return on equity (ROE) among peers: -155.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eco Wave Power Global AB ADR (WAVE) | $5.49 Million | 0.00% | 0.48x | $34.99 Million |
| AXIA Energia (AXIA) | $68.07 Billion | -10.48% | 1.10x | $24.60 Billion |
| Brookfield Renewable Corp (BEPC) | $17.87 Billion | 1.22% | 1.00x | $5.10 Billion |
| Bimergen Energy Corporation (BESS) | $199.33K | -407.19% | 0.06x | $17.68 Million |
| Smart Powerr Corp (CREG) | $32.44 Million | -6.84% | 0.39x | $1.61 Million |
| Clearway Energy Inc Class C (CWEN) | $2.26 Billion | -0.49% | 3.39x | $3.48 Billion |
| Clearway Energy Inc (CWEN-A) | $1.89 Billion | 0.85% | 2.69x | $1.40 Billion |
| Centrais Electricas Brasileiras SA (EBR) | $44.06 Billion | 7.28% | 2.93x | $18.99 Billion |
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) | $122.00 Billion | 8.51% | 1.38x | $2.77 Billion |
| Fluence Energy Inc (FLNC) | $548.85 Million | -8.80% | 3.29x | $1.61 Billion |
| Fusion Fuel Green PLC (HTOO) | $2.73 Million | -1135.70% | 14.51x | $5.73 Million |
About Eco Wave Power Global AB ADR
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, turnkey agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters… Read more