WiSA Technologies Inc
WiSA Technologies, Inc. provides wireless sound technology for intelligent devices and home entertainment systems. Its technology delivers immersive audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and other. It serves consumer electronics companies, technology providers, retailers, and ecosystem partners. The company was formerly known as … Read more
WiSA Technologies Inc (WISA) - Net Assets
Latest net assets as of March 2025: $81.69 Million USD
Based on the latest financial reports, WiSA Technologies Inc (WISA) has net assets worth $81.69 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($95.67 Million) and total liabilities ($13.99 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $81.69 Million |
| % of Total Assets | 85.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | 983.36% |
| 10-Year Change | N/A |
| Growth Volatility | 288.11 |
WiSA Technologies Inc - Net Assets Trend (2015–2024)
This chart illustrates how WiSA Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WiSA Technologies Inc (2015–2024)
The table below shows the annual net assets of WiSA Technologies Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $85.73 Million | +1845.95% |
| 2023-12-31 | $-4.91 Million | -145.99% |
| 2022-12-31 | $-2.00 Million | -112.19% |
| 2021-12-31 | $16.38 Million | +106.96% |
| 2020-12-31 | $7.91 Million | +612.24% |
| 2019-12-31 | $1.11 Million | -70.90% |
| 2018-12-31 | $3.82 Million | +112.83% |
| 2017-12-31 | $-29.76 Million | +59.10% |
| 2016-12-31 | $-72.76 Million | -2631.29% |
| 2015-12-31 | $-2.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WiSA Technologies 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 22552805900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00K | 0.01% |
| Other Components | $384.17 Million | 448.14% |
| Total Equity | $85.73 Million | 100.00% |
WiSA Technologies Inc Competitors by Market Cap
The table below lists competitors of WiSA Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finlay Minerals Ltd
OTCQB:FYMNF
|
$4.82 Million |
|
Thai Wire Products Public Company Limited
BK:TWP
|
$4.82 Million |
|
AcouSort AB
ST:ACOU
|
$4.82 Million |
|
Zenith Steel Pipes & Industries Limited
NSE:ZENITHSTL
|
$4.82 Million |
|
Refined Metals Corp.
PINK:RFMCF
|
$4.82 Million |
|
Bioscience Animal Health PCL
BK:BIS
|
$4.82 Million |
|
Biotron Limited
PINK:BITRF
|
$4.82 Million |
|
Binect AG
XETRA:MA10
|
$4.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WiSA Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,910,000 to 85,726,000, a change of 90,636,000.
- Net loss of 51,409,000 reduced equity.
- Dividend payments of 5,842,000 reduced retained earnings.
- Share repurchases of 6,266,000 reduced equity.
- New share issuances of 27,621,000 increased equity.
- Other factors increased equity by 126,532,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-51.41 Million | -59.97% |
| Dividends Paid | $5.84 Million | -6.81% |
| Share Repurchases | $6.27 Million | -7.31% |
| Share Issuances | $27.62 Million | +32.22% |
| Other Changes | $126.53 Million | +147.6% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares WiSA Technologies 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: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $-349.07 | $0.82 | x |
| 2016-12-31 | $-4547212.25 | $0.82 | x |
| 2017-12-31 | $-1859905.81 | $0.82 | x |
| 2018-12-31 | $112288.24 | $0.82 | x |
| 2019-12-31 | $8959.68 | $0.82 | x |
| 2020-12-31 | $14130.36 | $0.82 | x |
| 2021-12-31 | $15537.95 | $0.82 | x |
| 2022-12-31 | $-1536.57 | $0.82 | x |
| 2023-12-31 | $-93.25 | $0.82 | x |
| 2024-12-31 | $20.42 | $0.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WiSA Technologies 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): -59.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1922.55%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.17x
- Recent ROE (-59.97%) is above the historical average (-314.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -430.74% | 1.97x | 0.00x | $-8.83 Million |
| 2016 | 0.00% | -762.56% | 1.35x | 0.00x | $-2.43 Million |
| 2017 | 0.00% | -2305.35% | 0.76x | 0.00x | $-22.68 Million |
| 2018 | -1764.27% | -4902.25% | 0.25x | 1.42x | $-67.74 Million |
| 2019 | -1083.53% | -722.57% | 0.39x | 3.80x | $-12.15 Million |
| 2020 | -160.56% | -528.49% | 0.21x | 1.43x | $-13.50 Million |
| 2021 | -72.17% | -180.71% | 0.34x | 1.18x | $-13.46 Million |
| 2022 | 0.00% | -479.97% | 0.29x | 0.00x | $-15.95 Million |
| 2023 | 0.00% | -898.75% | 0.43x | 0.00x | $-18.23 Million |
| 2024 | -59.97% | -1922.55% | 0.03x | 1.17x | $-59.98 Million |
Industry Comparison
This section compares WiSA Technologies Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WiSA Technologies Inc (WISA) | $81.69 Million | 0.00% | 0.17x | $4.82 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |