DeFi Technologies Inc. (DEFI) - Net Assets
Based on the latest financial reports, DeFi Technologies Inc. (DEFI) has net assets worth CA$117.72 Million CAD (≈ $85.16 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.20 Billion ≈ $869.34 Million USD) and total liabilities (CA$1.08 Billion ≈ $784.18 Million USD). 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 DEFI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$117.72 Million |
| % of Total Assets | 9.8% |
| Annual Growth Rate | 90.07% |
| 5-Year Change | 155.9% |
| 10-Year Change | N/A |
| Growth Volatility | 617.97 |
DeFi Technologies Inc. - Net Assets Trend (2018–2024)
This chart illustrates how DeFi Technologies Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore DEFI total assets for the complete picture of this company's asset base.
Annual Net Assets for DeFi Technologies Inc. (2018–2024)
The table below shows the annual net assets of DeFi Technologies Inc. from 2018 to 2024. For live valuation and market cap data, see DeFi Technologies Inc. (DEFI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$16.13 Million ≈ $11.67 Million |
+16.03% |
| 2023-12-31 | CA$13.90 Million ≈ $10.06 Million |
-68.28% |
| 2022-12-31 | CA$43.83 Million ≈ $31.71 Million |
-52.24% |
| 2021-12-31 | CA$91.78 Million ≈ $66.39 Million |
+1355.97% |
| 2020-12-31 | CA$6.30 Million ≈ $4.56 Million |
+640.84% |
| 2019-12-31 | CA$-1.17 Million ≈ $-843.15K |
-441.03% |
| 2018-12-31 | CA$341.77K ≈ $247.23K |
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Equity Component Analysis
This analysis shows how different components contribute to DeFi 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 13124899336.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$170.65 Million | 1057.91% |
| Total Equity | CA$16.13 Million | 100.00% |
DeFi Technologies Inc. Competitors by Market Cap
The table below lists competitors of DeFi Technologies Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deva Holding AS
IS:DEVA
|
$295.90 Million |
|
Dropsuite Ltd
AU:DSE
|
$295.92 Million |
|
Kambi Group Plc
F:7KB
|
$296.23 Million |
|
M Evo Global Acquisition Corp II Class A Ordinary Shares
NASDAQ:MEVO
|
$296.40 Million |
|
AzureWave Technologies Inc
TW:3694
|
$295.83 Million |
|
Nano Dimension Ltd
F:2N5B
|
$295.80 Million |
|
Komax Holding AG
SW:KOMN
|
$295.64 Million |
|
WCM Global Growth Ltd
AU:WQG
|
$295.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DeFi Technologies Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,906,930 to 16,131,263, a change of 2,224,332 (16.0%).
- Net loss of 27,203,020 reduced equity.
- Share repurchases of 3,051,836 reduced equity.
- Other factors increased equity by 32,479,188.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-27.20 Million | -168.64% |
| Share Repurchases | CA$3.05 Million | -18.92% |
| Other Changes | CA$32.48 Million | +201.34% |
| Total Change | CA$- | 15.99% |
Book Value vs Market Value Analysis
This analysis compares DeFi 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: 21.11x
- 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 128.75x to 21.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.01 | CA$1.06 | x |
| 2019-12-31 | CA$-0.03 | CA$1.06 | x |
| 2020-12-31 | CA$0.06 | CA$1.06 | x |
| 2021-12-31 | CA$0.43 | CA$1.06 | x |
| 2022-12-31 | CA$0.21 | CA$1.06 | x |
| 2023-12-31 | CA$0.05 | CA$1.06 | x |
| 2024-12-31 | CA$0.05 | CA$1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DeFi Technologies Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -168.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.00%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 57.05x
- Recent ROE (-168.64%) is above the historical average (-471.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -2865.66% | 0.00% | -3.18x | 5.70x | CA$-9.83 Million |
| 2019 | 0.00% | 0.00% | -1.31x | 0.00x | CA$-1.39 Million |
| 2020 | 32.89% | 0.00% | -0.01x | 1.16x | CA$1.44 Million |
| 2021 | -77.90% | -474.07% | 0.03x | 5.01x | CA$-80.67 Million |
| 2022 | -114.01% | -2945.95% | 0.01x | 4.79x | CA$-54.36 Million |
| 2023 | -108.77% | -102.51% | 0.03x | 32.09x | CA$-16.52 Million |
| 2024 | -168.64% | -40.00% | 0.07x | 57.05x | CA$-28.82 Million |
Industry Comparison
This section compares DeFi Technologies Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $56,961,749
- Average return on equity (ROE) among peers: -61.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DeFi Technologies Inc. (DEFI) | CA$117.72 Million | -2865.66% | 9.21x | $295.89 Million |
| BlockMint Technologies Inc (BKMT) | $402.63K | -8.63% | 0.20x | $1.40 Million |
| Bitcoin Well Inc (BTCW) | $-181.47K | 0.00% | 0.00x | $17.93 Million |
| Cathedra Bitcoin Inc (CBIT) | $11.03 Million | -9.62% | 0.02x | $1.91 Million |
| Canaccord Genuity Group Inc (CF) | $372.19 Million | 25.11% | 6.01x | $878.22 Million |
| CryptoStar Corp (CSTR) | $6.49 Million | -309.37% | 0.53x | $2.12 Million |
| Currency Exchange International Corp (CXI) | $69.31 Million | 17.00% | 0.81x | $110.89 Million |
| DelphX Capital Markets Inc (DELX) | $142.51K | -119.24% | 0.31x | $4.64 Million |
| Digihost Technology Inc (DGHI) | $29.25 Million | -74.83% | 0.44x | $48.56 Million |
| Dmg Blockchain Solutions Inc (DMGI) | $24.03 Million | -77.82% | 0.27x | $44.04 Million |
About DeFi Technologies Inc.
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. The company offers asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. It is also involved in early-stage investments in com… Read more